Insurance continues to grow
Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday. The increase, up from $40.9 million for the same period last year, has been driven by a ...
Sok Chan
http://www.khmertimeskh.com/news/28318/insurance-continues-to-grow/
Electric bills come with threat: no online gripes
Customers of state power provider Electricite du Cambodge (EdC) may get an added shock when they open their bills this month. Along with their monthly total, customers in the capital and four provinces will receive a warning that they could end of up in court if ...
Buth Kimsay
https://www.cambodiadaily.com/news/electric-bills-come-threat-no-online-gripes-116878/
Bird’s nest export plan ready to fly
Cambodia is looking to secure its first commercial contract for the export of swiftlet nests to China, but must first demonstrate compliance with the Asian giant’s hygiene protocols, a government official has said. Hean Vanhan, undersecretary of state at the Ministry of Agriculture, said swiftlet nests, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/birds-nest-export-plan-ready-fly
Joint online tax system
The Ministry of Commerce and the Ministry of Economy and Finance’s general taxation department plan to jointly operate an online business tax registration system in a bid to strengthen tax collection in the country and root out corruption. Sok Sopheak, under-secretary of state of the Ministry ...
Chea Vannak
http://www.khmertimeskh.com/news/29545/joint-online-tax-system/
$200 mil a year veggie imports to be slashed
The government has designated eight provinces to start boosting vegetable production from this year in a move to curb the capital flow of an estimated $200 million per year on imports from neighboring countries, mainly Vietnam.Vongsey Vissoth, secretary of state for the Ministry of Economy ...
May Kunmakara
http://www.khmertimeskh.com/news/34744/-200-mil-a-year-veggie-imports-to-be-slashed/
Sokha arrested for ‘treason’, is accused of colluding with US to topple the government
Police yesterday arrested Cambodia National Rescue Party leader Kem Sokha over allegations of treason, with Prime Minister Hun Sen accusing the opposition president of conspiring with the United States to oust his regime. In a startling escalation in an already deteriorating political climate, the premier ...
Post Staff
http://www.phnompenhpost.com/national/sokha-arrested-treason-accused-colluding-us-topple-government
Lon Nol coup marked
Cambodian government officials and pro-government media yesterday commemorated the seldom-observed anniversary of Marshal Lon Nol’s rise to power, seizing the opportunity to once again re-litigate historical grievances with the United States. In an article on Sunday, Lim Cheavutha, the CEO of government mouthpiece Fresh News, ...
Andrew Nachemson
http://www.phnompenhpost.com/national/lon-nol-coup-marked
WB: Cambodians still vulnerable
While the World Bank commended Cambodia for its strong economic growth and efforts to reduce poverty over the past two decades, it, however, cautioned yesterday that the agriculture and garment sectors posed challenges which could make that growth unsustainable. “An overview of the past two decades, ...
Chea Vannak
http://www.khmertimeskh.com/news/33166/wb--cambodians-still-vulnerable/
Industries left guessing as Cambodia fails to release customs data for 2017
When government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government ...
Hor Kimsay
http://www.phnompenhpost.com/business/industries-left-guessing-cambodia-fails-release-customs-data-2017
CRF: $200M in emergency loans needed for rice sector
The Cambodia Rice Federation (CRF) has asked the state-owned Rural Development Bank (RDB) to provide $200 million in emergency loans to buy paddy from farmers during the ongoing post-monsoon harvest season as falling prices threaten their livelihoods. ...
Thou Vireak
https://www.phnompenhpost.com/business/crf-200m-emergency-loans-needed-rice-sector
Controversial dam takes step forward with impact study
An environmental impact assessment (EIA) for the controversial Stung Chheay Araeng hydropower dam in Koh Kong province has been completed, representing a major step forward towards construction, officials said yesterday. Koh Kong deputy governor Sun Dara said he had yet to see a hard copy of ...
Final Wage Offer for Garment Workers Is $75
The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...
China, Cambodia agree to further advance ties
China and Cambodia agreed on Thursday to further advance their comprehensive relations of strategic cooperation and partnership in accordance with the will of late Cambodian King-Father Norodom Sihanouk. Cambodian Prime Minister Hun Sen told visiting Chinese State Councillor Dai Bingguo on Thursday morning that Cambodia “will ...
http://news.xinhuanet.com/english/china/2012-10/18/c_131915190.htm
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj
NGOs call for discussion of Xayaburi dam at meet
A coalition of NGOs has called on Cambodia’s National Mekong Committee (CNMC) to push for the Xayaburi dam to be added to the agenda of a regional Mekong River meeting next week. Chhith Sam Ath, executive director of NGO Forum on Cambodia, said it was disappointing ...
http://www.phnompenhpost.com/National/ngos-call-for-discussion-of-xayaburi-dam-at-meet.html
Cambodia ratifies agreement on visa exemption for Asean nationals
The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...
Asean Agrees to Promote Free Flow of Labor
Economic ministers from Asean’s 10 member states signed an agreement yesterday to loosen restrictions around the movement of skilled labor in the region, part of preparation for the integration of the Asean Economic Community in 2015. The Asean Movement of Natural Persons Agreement is supposed to ...
Cambodia honors 2 Chinese peacekeepers killed in 1993 blast
Cambodia on Monday held a ceremony to honor two Chinese soldiers serving as UN peacekeepers who lost their lives in a blast in the province’s Cheung Prey district on May 21, 1993. The ceremony was presided over by Gen. Sav Sok, undersecretary of state of theCambodian Ministry of Defense and Chinese Ambassador to Cambodia Bu Jianguo, and wasattended by some 120 Chinese and Cambodian people. ...
People's Daily Online News Staff
http://english.peopledaily.com.cn/90883/8584330.html
Kampuchea Krom forum banned by city
Phnom Penh City Hall on Monday banned Wat Samakki Raingsey from hosting a public forum on Wednesday to mark the 65th anniversary of the official granting of Kampuchea Krom to the State of Vietnam. The Khmer Kampuchea Krom Community (KKKC), which advocates for the ethnic minority ...
Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/news/kampuchea-krom-forum-banned-by-city-60320/
Licadho data ‘not real’: gov’t
The government yesterday accused Licadho of producing wildly misleading figures on land grabs, following the rights group’s announcement earlier this week that land conflicts in Cambodia have affected more than half a million people since 2000. Speaking at a press conference yesterday, Sar Sovan, secretary of ...
May Titthara and Alice Cuddy
http://www.phnompenhpost.com/national/licadho-data-%E2%80%98not-real%E2%80%99-gov%E2%80%99t