Acleda, Forte insurance to work together
Acleda, a leading commercial bank in Cambodia, and Forte Insurance (Cambodia) signed an agreement on Friday on general insurance and micro insurance and agreed to establish a basic framework to cooperate and promote a range of insurance products. ...
Sok Chan
http://www.khmertimeskh.com/news/24706/acleda--forte-insurance-to-work-together/
Illegal oil leads to arrests
Two farmers were arrested and charged yesterday after police found more than 100 liters of safrole oil in their Sala Kumrou village residence in Pursat City’s Phteash Prey commune, according to police chief Lieutenant Colonel Chhorn Rith. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/24716/illegal-oil-leads-to-arrests/
Industry pushes for electronic payments
With the e-commerce law hoped to be passed before the end of the year, industry experts said it is important for Cambodian businesses to begin to encourage e-commerce activity, with an emphasis on electronic payments systems. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/industry-pushes-electronic-payments
Japanese investor acquires local MFI
A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-investor-acquires-local-mfi
PM: vote near your work
Prime Minister Hun Sen said yesterday that citizens working far from their homes can register to vote near their places of employment, a change that could save many citizens from a lengthy and costly trip to their home province. ...
Mom Kunthear
http://www.khmertimeskh.com/news/28218/pm--vote-near-your-work/
Evictees, sugar company reach deal at last
Representatives of evicted families and a sugarcane plantation owned by a prominent CPP senator announced an agreement on Thursday that provides compensation ranging from $500 to $5,000 to eligible villagers after a five-year battle over land. ...
Sek Odom
https://www.cambodiadaily.com/news/evictees-sugar-company-reach-deal-last-116579/
Thais to tackle farm barriers
The Thai Commerce Ministry is looking into existing trade and investment barriers for its “innovative farm products” with Cambodia, Laos, Myanmar and Vietnam, with the long-term goal of removing them, according to the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/29750/thais-to-tackle-farm-barriers/
France signs off on $115m in loans and extradition treaty
About $115 million worth of concessional loans to Cambodia and a mutual extradition treaty were approved during a meeting between Prime Minister Hun Sen and French President Francois Hollande in Paris on Monday, according to Mr. Hun Sen’s Facebook page. ...
Kuch Naren
https://www.cambodiadaily.com/news/france-signs-off-on-115m-in-loans-and-extradition-treaty-98523/
News analysis: AEC to boost bloc's influence on global economy-- Cambodian experts
The ASEAN Economic Community (AEC), which will become a reality at the end of this year, would boost the ten- nation bloc’s influence and prestige in the global stage, according to Cambodian scholars here. ...
Xue Lei, Nguon Sovan
http://www.globalpost.com/article/6687807/2015/11/14/news-analysis-aec-boost-blocs-influence-global-economy-cambodian-experts
UK trade envoy pushes FDI, British brands
The United Kingdom sees Cambodia as a strategic location at the heart of a transportation network through Thailand, Vietnam and Laos to reach China and other countries in the region and the world, a senior UK trade official said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/17898/uk-trade-envoy-pushes-fdi--british-brands/
CNRP get their say in National Assembly
The position of National Assembly spokesman will no longer be held exclusively by the ruling Cambodian People’s Party, with the role to be split in three, allowing for two partisan representatives and one from the parliament’s secretariat. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-get-their-say-national-assembly
CNRP lawmaker enters exile in solidarity with Rainsy
Opposition lawmaker Um Sam An, who was at the fore of the CNRP’s efforts earlier this year to reveal Vietnamese encroachments into Cambodia, said on Monday that he had entered self-imposed exile along with opposition leader Sam Rainsy. ...
Kuch Naren
https://www.cambodiadaily.com/news/cnrp-lawmaker-enters-exile-in-solidarity-with-sam-rainsy-101564/
North Korea cements ties with Siem Reap museum
After five years of building and delays, the $24 million Angkor Panorama Museum in Siem Reap was opened on Friday by Deputy Prime Minister Sok An, cementing growing ties between the Kingdom and North Korea, especially in Siem Reap. ...
Ek Madra
http://www.khmertimeskh.com/news/18406/north-korea-cements-ties-with-siem-reap-museum/
Senate slams opposition Sam Rainsy party’s boycott
Senate spokesman Mam Bun Neang issued a statement Monday describing as “shameful” the decision by the chamber’s 10 opposition senators to boycott the day’s vote in protest of the arrest warrant issued for opposition leader Sam Rainsy. ...
Kuch Naren
https://www.cambodiadaily.com/news/senate-slams-opposition-sam-rainsy-partys-boycott-102478/
Cambodia’s young generations a demographic boon, for now
Economists say Cambodia is not facing the risk of an aging population, as is happening in richer countries around the region, but it must still plan for a future when its younger generations grow old. ...
Hul Reaksmey
http://www.voacambodia.com/content/cambodia-young-generations-a-demographic-boon-for-now/3095179.html
Gov to give drivers licenses to people with disabilities
Em Chan Makara, president of the Disability Action Council (DAC), told reporters that his group will issue drivers licenses for people with disabilities in conjunction with the government. The council will also discuss appropriate vehicles for disabled people with other stakeholders. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/18828/gov-to-give-drivers-licenses-to-people-with-disabilities/
Cambodian leader Hun Sen visits Thailand as tensions thaw
Hun Sen will spend two days in Bangkok and is scheduled to meet the leader of Thailand’s military government, Prayuth Chan-ocha, for talks on border issues, agriculture, trade and investment, and regional connectivity. ...
Liam Cochrane
http://www.abc.net.au/news/2015-12-18/cambodian-leader-visits-thailand-as-tensions-thaw/7039356
Workers join Korea day
More than 1,000 Cambodian workers working for eight South Korean companies here gathered yesterday at National Olympic Stadium for “Korea Day for Cambodian Friends,” a celebration of Korean culture and a chance to thank employees for their hard work. ...
Mom Kunthear
http://www.khmertimeskh.com/news/18907/workers-join-korea-day/
Air freight volume bucks global slowdown
Cambodia was one of the few bright spots for the air cargo industry last year with a modest increase in year-on-year air freight shipments as other regions experienced weak growth due to the cooling global economy. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/air-freight-volume-bucks-global-slowdown Khek Norinda
Betting online: casino operator moving into lucrative software development
A local firm has seen revenues grow by adding online operations to its casino, allowing it to take bets from offshore players. Now it is designing the software that allows other casinos to get a piece of the action. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/betting-online-casino-operator-moving-lucrative-software-development