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Canadia subsidiary buys 15% stake in CVI

Diamond Island Development Co Ltd, owned by Canadia Bank, yesterday bought a 15 per cent stake in Investment and Development Company of Cambodia (IDCC)’s Cambodia-Vietnam Insurance Plc. The companies declined to give the value of the stake. Ngay Mengly, sales officer at Cambodia-Vietnam Insurance Plc, said ...

http://www.phnompenhpost.com/index.php/2012032955307/Business/canadia-subsidiary-buys-15-stake-in-cvi.html

Fasmec brings in website for SMEs

Cambodian entrepreneurs who are members of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), can soon display and sell their products on a new shopping website, thanks to a partnership with London-based Sram & Mram Resources Ltd. ...

Hor Kimsay
https://www.phnompenhpost.com/business/fasmec-brings-website-smes

New study reveals ancient site treasures

Experts have discovered more than 120 archaeological sites and three ancient locations in the Royal Academy of Cambodia Techo Sen Russey Trep Park in Preah Vihear province. ...

Pech Sotheary
https://www.khmertimeskh.com/50507846/new-study-reveals-ancient-site-treasures/

$1M for women in politics project

The US Agency for International Development (USAID) has provided more than $1 million to a Collective Action to Support Women’s Rights (CASWR) project to promote the leadership and engagement of women in politics. The CASWR initiative is a 32-month project designed to advance meaningful representation ...

Long Kimmarita
https://www.phnompenhpost.com/national-politics/1m-women-politics-project

Oknha Sam Ol and three others charged and jailed

Tycoon Soeng Sam Ol and three alleged accomplices have been placed in pre-trial detention after being charged with illegal logging, while more than 40 vehicles reportedly used to carry out the offences were handed over to Mondulkiri provincial authorities on Sunday. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/oknha-sam-ol-and-three-others-charged-and-jailed

Activists still accuse Think Biotech

Forest activists continue to claim that Korean-owned Think Biotech Cambodia Co Ltd is involved in illegal deforestation in the Prey Lang area, especially harvesting timber from resin trees, but the authorities say the company is operating legitimately. ...

Khorn Savi
https://www.phnompenhpost.com/national/activists-still-accuse-think-biotech

Preah Sihanouk beach developments halted

After receiving an order from Hun Sen, Minister of Land Management Chea Sophara led a team of experts and relevant officials to Sihanoukville to call a halt to the illegal development of a beach. The prime minister ordered the Prek Treng beach in Otres commune ...

Voun Dara
https://www.phnompenhpost.com/national/preah-sihanouk-beach-developments-halted

UN World Food Programme helps Kingdom in disaster management

The National Committee for Disaster Management (NCDM) and the UN World Food Programme (WFP) signed a five-year partnership agreement on Wednesday for collaboration on crisis management and disaster risk reduction in Cambodia at the Peace Palace. ...

Voun Dara
https://www.phnompenhpost.com/national/un-world-food-programme-helps-kingdom-disaster-management

Thailand and Cambodia discuss trade, rail links

The Thai and Cambodian foreign ministers met here Friday to discuss a range of bilateral issues including boosting trade and progress in a cross-border rail link. At the 10th Meeting of the Joint Commission for Bilateral Cooperation between Thailand and Cambodia, Foreign Minister Don Pramudwinai ...

The Bangkok Post
http://www.bangkokpost.com/news/asean/1072124/thailand-and-cambodia-discuss-trade-rail-links

Saudis sign MOU on maids

Cambodia and Saudi Arabia on Thursday signed a memorandum of understanding to begin work on opening a pipeline for Cambodians to work in the gulf nation, which has been routinely criticised for failing to protect migrant domestic workers from abysmal treatment and slave-like conditions. ...

Chhay Channyda and Shaun Turton
http://www.phnompenhpost.com/national/saudis-sign-mou-maids

Rice millers can now get $20 mil

Rice millers in the country will now be able to access the government’s promised emergency loan of $20 million to purchase paddy rice from farmers in a bid to prevent rice prices from falling further, the Rural Development Bank (RDB) announced yesterday. Rural Development Bank CEO ...

Sok Chan
http://www.khmertimeskh.com/news/29939/rice-millers--can-now--get--20-mil/

Workers ask for help after factory closed

About 1,000 workers and employees of the Victco Handbags Cambodia Industrial factory, an Adidas supplier before it abruptly suspended operations earlier this year, marched in Kampong Speu’s Samrong Tong district to the provincial hall yesterday morning to deliver a petition. ...

Mom Kunthear
http://www.khmertimeskh.com/news/25286/workers-ask-for-help-after-factory-closed/

Thai bilateral trade falls

Bilateral trade between Cambodia and Thailand fell by about 15 percent in the first four months of the year, compared to the same period last year, due to the Kingdom’s decreasing imports of oil, food and beverages from its neighbor. ...

Sok Chan
http://www.khmertimeskh.com/news/26325/thai-bilateral-trade-falls/

Graft hindering fight against human trafficking, report says

Widespread corruption among government officials is thwarting Cambodia’s efforts to combat human trafficking, the U.S. State Department said in an annual assessment that upgraded the country’s ranking, but found that it still failed to meet minimum standards.   ...

Sonia Kohlbacher
https://www.cambodiadaily.com/news/graft-hindering-fight-against-human-trafficking-report-says-114944/

Voting rules changed for police, army

Less than one week after refusing to create a way for migrant workers to vote in the coming elections, the National Election Committee (NEC) yesterday asked the Interior Ministry to urgently intervene and allow National Police units and Royal Cambodian Armed Forces to vote near ...

May Titthara
http://www.khmertimeskh.com/news/31324/voting-rules-changed-for-police--army/

Casualties from explosives decline

Casualties from landmines and explosive remnants of war (ERW) declined over the first nine month of 2016 compared with the same period last year, according to a report. ...

Mom Kunthear
http://www.khmertimeskh.com/news/31323/casualties-from-explosives-decline/

Government hopes to extend controversial drug war

National Authority for Combating Drugs (NACD) President Ke Kim Yan announced his intention to extend Cambodia’s anti-drug campaign yesterday, nearly six months and more than 8,000 arrests since the controversial crackdown began. ...

Kong Meta and Martin de Bourmont
http://www.phnompenhpost.com/national/government-hopes-extend-controversial-drug-war

Citibank looks to Cambodia for investment opportunities

Citibank, one of the largest banks in the US, showed stronger interest in Cambodia yesterday when the Bangkok-based Thailand head of the big international bank met with Economy and Finance Minister Kheat Chhon. Mey Vann said Citibank recognized that Cambodia had a good investment climate and incentives ...

http://www.phnompenhpost.com/index.php/2012092658916/Business/citibank-seeks-investment-opportunities-in-cambodia.html

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