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Toxic dog meat kills 3 in Cambodia

At least three Cambodian villagers have died and 31 others have been hospitalised in eastern Kratie province after consuming the cooked flesh of a big dog that was toxic, a local police chief confirmed on Monday. ...

Xinhua News Staff
http://sbeta.iol.co.za/news/world/toxic-dog-meat-kills-3-in-cambodia-1956591

Rice exports miss the mark again

Five years after setting out an ambitious 1 million-tonne milled rice export target, the rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-exports-miss-mark-again

Try Pheap gets new ELC amid freeze, governor says

Timber magnate Try Pheap and businessman Lim Bunna were granted economic land concessions (ELCs) on property inside a wildlife sanctuary confiscated from two other companies for violating their government contracts, a provincial governor told a meeting of officials on Monday. ...

Aun Pheap
https://www.cambodiadaily.com/news/try-pheap-gets-new-elc-amid-freeze-governor-says-105822/

National election committee addressing ID challenges

The National Election Committee (NEC) is confronting challenges this week regarding new voter registration, paying particularly close attention to problems arising from the dissemination of new voter ID cards and allowing better access to monks who wish to obtain them. ...

Chea Takihiro
http://www.khmertimeskh.com/news/20311/national-election-committee-addressing-id-challenges/

Samrin blocks letter about Vietnamese army ELCs

National Assembly President Heng Samrin has refused to forward to Prime Minister Hun Sen a letter from an opposition lawmaker asking that a group of rubber plantations owned by Vietnamese Ar­my commanders be canceled because they violate the Constitution. ...

Aun Pheap
https://www.cambodiadaily.com/news/samrin-blocks-letter-about-vietnamese-army-elcs-107250/

Cambodian FM to attend ASEAN retreat in Laos this week

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will attend the ASEAN Foreign Ministers’ Retreat to be held on Feb. 26 and Feb. 27 in Vientiane, Laos, according to a statement from the Ministry of Foreign Affairs on Tuesday. ...

Xinhua
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=320967

More families take deals to vacate dam site

Another 73 families in Stung Treng province have accepted the government’s offer of new land in exchange for the farms they will lose to the Lower Sesan II hydropower dam currently under construction, the second group to take the deal.​ ...

Kang Sothear
https://www.cambodiadaily.com/news/more-families-take-deals-to-vacate-dam-site-109569/

Credit hunger still voracious

In its 10th year, Cambodia’s growing microfinance sector has seen stellar credit and deposit growth. But concerns remain over this speed of credit growth in the sector, as well as the rise in unlicensed lenders operating in rural areas. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/credit-hunger-still-voracious

ASEAN FTA with Hong Kong, China on track

Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...

Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/

New regulations for life insurance

New regulations are to be bought in for the life insurance sector, which has grown from $60 million in 2014 to $80 million last year, according to a senior official from the Ministry of Economy and Finance.   ...

Sok Chan
http://www.khmertimeskh.com/news/22970/new-regulations-for-life-insurance/

Sathapana shifts from MFI to commercial bank

Sathapana Microfinance Plc., the third largest MFI in Cambodia, has officially transformed itself into a commercial bank with total capital of $120 million, a move in line with Japanese-owned Maruhan Japan Bank acquiring a 95.1 percent stake in 2012.​ ...

Sum Manet
http://www.khmertimeskh.com/news/24144/sathapana-shifts-from-mfi-to-commercial-bank/

Dangerous trees to be removed from Angkor

The Apsara Authority announced yesterday that it is considering the selective removal of some trees inside the 401-square-kilometer Angkor Park, saying that only those that pose potential risk to the park’s visitors and temples would be cut down. ...

Pav Suy
http://www.khmertimeskh.com/news/24254/dangerous-trees-to-be-removed-from-angkor/

Ethnic community rejects mineral exploration

Exploration company Angkor Gold Corp is working with NGOs to educate residents of Pate commune’s Plang village in Ratanakiri’s Ou Ya Dav district after villagers refused to give the company permission to explore for gold on their land. ...

Ven Rathavong
http://www.khmertimeskh.com/news/25519/ethnic-community-rejects-mineral-exploration/

PPWSA profits plunge 65%

The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...

May Kunmakara
http://www.khmertimeskh.com/news/26616/ppwsa-profits-plunge-65-/

Travel goods exports could soar as US drops tariffs

New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/travel-goods-exports-could-soar-us-drops-tariffs

Local car hire app gets a jump on Uber

With ride-hailing giants Uber and Grab yet to enter the Cambodian market, a pair of local entrepreneurs have seized the initiative and developed the first private-hire car service and smartphone application for Phnom Penh’s frenetic city streets. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-car-hire-app-gets-jump-uber

Rubber producers want export taxes scrapped

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

Post Staff
http://www.phnompenhpost.com/business/rubber-producers-want-export-taxes-scrapped

Telecom firm takes action over embezzlement

Telecom Cambodia has suspended a manager accused of stealing $230,000 and is preparing a legal complaint against him and a former senior employee in the firm’s finance office who supposedly received the missing money, a company official said. ...

Sek Odom
https://www.cambodiadaily.com/news/telecom-firm-takes-action-over-embezzlement-93684/

Activist gets 2 more years in prison over protest

Jailed opposition activist Ouk Pich Samnang called on the international community to condemn Cambodia’s court system on Thursday after he was handed a further two years in prison for intentional violence and obstructing authorities, despite a dearth of evidence against him. ...

Ouch Sony
https://www.cambodiadaily.com/news/activist-gets-2-more-years-in-prison-over-protest-93939/

Compromise remains elusive in minimum wage negotiations

Factory and union representatives remain as far apart as ever over where to set next year’s minimum wage for garment workers, now at $128 per month, after hours of heated negotiations Wednesday and a vote that seemed to settle nothing. ...

Mech Dara
https://www.cambodiadaily.com/news/compromise-remains-elusive-in-minimum-wage-negotiations-96839/

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