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Cargo projections fall short at capital port

Phnom Penh Autonomous Port (PPAP), which operates the capital’s river port, reported a decline in container traffic during the first quarter of the year, raising questions about the newly listed company’s ability to meet its double-digit revenue and earnings projections – though analysts say it ...

Cam McGrath
http://www.phnompenhpost.com/business/cargo-projections-fall-short-capital-port

Export cassava to Thailand, says ministry

Cambodia’s cassava growers have been asked to target Thailand as an export market due to the high demand for the starch-tuber in the neighboring country to produce ethanol, animal feed and flour, while little is done at home to stabilize prices and provide assistance to ...

Chea Vannak
http://www.khmertimeskh.com/news/26425/export-cassava-to-thailand--says-ministry/

IMF sees rapid credit growth as main risk to economy

Cambodia’s economy continues to perform strongly, but rapid credit growth must be contained to reduce the risk of economic and financial instability, and to ensure a “soft landing” of the credit cycle, the international Monetary Fund (IMF) said in a statement issued yesterday at the ...

Cam McGrath
http://www.phnompenhpost.com/business/imf-sees-rapid-credit-growth-main-risk-economy

CRF wants to track rice loans

The Cambodia Rice Federation (CRF) has submitted a proposal to the government for the setting up of a joint executive financial committee to ensure that the $27 million emergency loan to rice millers to purchase paddy rice from farmers, in a bid to prevent rice ...

Sok Chan
http://www.khmertimeskh.com/news/30381/crf-wants-to-track-rice-loans/

Cambodian villagers ask for missing compensation for confiscated land

Eighteen Cambodian families whose land was confiscated for the construction of a Chinese hydropower dam in a northwestern province on Thursday requested that the local government and Chinese operator of the facility pay them compensation they are owed, said a local resident and an official ...

Morm Moniroth
http://www.rfa.org/english/news/cambodia/villagers-ask-for-missing-compensation-for-confiscated-land-09172015152530.html

Dumpsite at Samlot still awaits green light

Doubts have been cast on long-standing plans for a 34-hectare dumpsite in Pailin’s Samlot Protected Forest following an inspection by the environment minister on Saturday. Ministry spokesman Sao Sopheap yesterday said that following the inspection, the minister has called for further research before the project ...

Phak Seangly
http://www.phnompenhpost.com/national/dumpsite-samlot-still-awaits-green-light

Mass fainting hits Cerie garment factory again

A mass fainting incident occurred again yesterday at a Chinese-owned garment factory that supplies nighties, bras and children’s clothing to North American retail chain Hudson Bay, with more than 60 workers collapsing at the factory in Kampong Speu’s  Samrong Tong district, after about 40 collapsed ...

Mom Kunthear
http://www.khmertimeskh.com/news/18487/mass-fainting-hits-cerie-garment-factory-again/

ACU chief slams global fund over bribe case

Cambodia’s corruption czar was again on the defensive on Tuesday about the government’s controversial decision not to prosecute the former head of the National Malaria Center over revelations that he took hundreds of thousands of dollars in bribes to secure million-dollar mosquito net contracts for ...

Zsombor Peter and Kuch Naren
https://www.cambodiadaily.com/news/acu-chief-slams-global-fund-over-bribe-case-102456/

Drawdown of troops at Preah Vihear

Cambodia is quietly reducing troop numbers on the contentious shared border with Thailand in Preah Vihear province.Citing the current good relations with the Kingdom’s western neighbour, Ministry of Defence spokesman Chhum Socheath yesterday said members of three units had been ordered to leave the border ...

Vong Sokheng and Shaun Turton
http://www.phnompenhpost.com/national/drawdown-troops-preah-vihear

Cambodia ready for aviation audit

Cambodia’s State Secretary of Civil Aviation (SSCA) says it is ready to comply with an audit from the United Nations’ International Civil Aviation Organization (ICAO) after havIng fared poorly durIng the last two Inspections In 2007 and 2009.    ...

Sok Chan
http://www.khmertimeskh.com/news/18956/---cambodia-ready-for-aviation-audit---/

City hall to add 600 security cameras throughout the capital

Despite a slew of global investment banks slashing their oil price forecasts this week, KrisEnergy —the Singaporean oil and gas firm with a controlling stake in Cambodia’s most promising offshore oil reserve, Block A—remains committed to helping Cambodia produce its first drop of oil, a ...

Tej Parikh
https://www.cambodiadaily.com/news/krisenergy-committed-to-cambodias-block-a-105341/

PM pledges 1m hectares of ELC land to poor

Prime Minister Hun Sen on Thursday declared an end to the government’s review of Cambodia’s economic land concessions (ELCs), pledging that nearly 1 million hec­tares of reappropriated property would be handed over to poor families. He also announced a major reorganization of the two ministries ...

Kuch Naren
https://www.cambodiadaily.com/news/pm-pledges-1m-hectares-of-elc-land-to-poor-109007/

ANZ Ceo leaves on note of caution

The outgoing CEO of ANZ Royal Bank is leaving with a note of caution about the swift growth of lending in Cambodia, while noting that the banking sector had become much more competitive and technologically advanced during his four-year tenure at the helm of one ...

May Kunmakara
http://www.khmertimeskh.com/news/21902/anz-ceo-leaves-on-note-of-caution/

UN envoy meets with Sesan villagers to discuss dam site

The U.N.’s human rights envoy to Cambodia on Sunday promised villagers in Stung Treng province who are set to be displaced by the construction of the Lower Sesan 2 hydropower dam that she would raise their plight with the government, a village representative said.    ...

Ben Sokhean
https://www.cambodiadaily.com/news/un-envoy-meets-with-sesan-villagers-to-discuss-dam-site-110475/

City hall to add 5,000 signs to cut accident rate

Phnom Penh City Hall started installing 5,000 new road safety signs around the capital on Monday in an attempt to reduce accidents, according to officials. Phnom Penh Governor Pa Socheatevong took to Facebook yesterday, writing that a total of 615 signs had been installed along Norodom, ...

Mom Kunthear
http://www.khmertimeskh.com/news/26897/city-hall-to-add-5-000-signs-to-cut-accident-rate/

Child allegedly beaten at Prey Speu

Officials at the Prey Speu Social Affairs Center in Phnom Penh’s Por Senchey district are scrambling to deflect criticism after reports surfaced that a young boy and a man were beaten and injured there, with the director of the center saying the boy injured himself ...

Mom Kunthear
http://www.khmertimeskh.com/news/27112/child-allegedly-beaten-at-prey-speu/

Ministry announces ELC tax revenue

The Ministry of Agriculture, Forestry and Fisheries said by the end of the first half of this year, it had collected about $600,000 in taxes from economic land concessions (ELCs) from 21 of the 223 private companies that received ELCs from the government, according to ...

May Titthara
http://www.khmertimeskh.com/news/27701/ministry-announces-elc-tax-revenue/

Rubber prices could rise

Rubber prices on the global commodities market are expected to rise to $2,500 per ton due to the improved state of the world economy and efforts by four major rubber producing countries – Vietnam, Thailand, indonesia and Malaysia – to cut back supply, according to ...

Sok Chan
http://www.khmertimeskh.com/news/32511/rubber-prices-could-rise/

White Building dwellers told to vote CPP for speedy eviction deal

A day before Land Management Minister Chea Sophara was scheduled to meet residents of Phnom Penh’s iconic White Building, the locale’s village chiefs promised to find a quick solution to the residents’ impending eviction – if the ruling Cambodian People’s Party fared well in the ...

Sen David and Ananth Baliga
http://www.phnompenhpost.com/national/white-building-dwellers-told-vote-cpp-speedy-eviction-deal

Age is no barrier for candidates

Parties competing in the commune elections are pinning their hopes on young candidates winning the popular vote. Nhek Bun Chhay, president of the Khmer National United Party, said his party is focusing on youth candidates, with people aged between 25 and 32 making up 40 percent ...

Khy Sovuthy
http://www.khmertimeskh.com/news/38910/age-is-no-barrier-for-candidates/

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