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Skepticism on liquidity providers

Almost two weeks after the Cambodia Securities Exchange (CSX) announced that it was accepting applications for the newly approved liquidity providers (LPs) option, it admitted yesterday that no one had yet applied, as insiders said they were still unsure of the program. ...

May Kunmakara
http://www.khmertimeskh.com/news/29363/skepticism-on-liquidity-providers/

Xi to make first presidential visit this month

Amid deteriorating relations with Western countries due to the government’s suppression of critics, Chinese President Xi Jinping is due to visit Cambodia this month for the first time since taking office, according to a Facebook post by National Police chief Neth Savoeun. ...

The Cambodia Daily
https://www.cambodiadaily.com/news/xi-make-first-presidential-visit-month-118764/

ADB, Cambodia launch second Asia Women Leaders Program

The Asian Development Bank (ADB), in collaboration with the Ministry of Women’s Affairs, is holding a second Asia Women Leadership Program (AWLP) event starting today to help senior women government officials develop their potential to become future leaders. ...

The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51339-adb-cambodia-launch-second-asia-women-leaders-program

Dolphin’s decline down, infant survival rate up

The rate at which the population of Irrawaddy dolphins in the Mekong River is declining has dropped dramatically in recent years, although more dolphins must be protected into adulthood to save the species from extinction, according to a new report released Tuesday. ...

Taylor O'Connell and Ouch Sony
https://www.cambodiadaily.com/news/dolphins-decline-down-infant-survival-rate-up-99915/

Cambodia garment factory owners ask government to help quash strike by workers

Garment factory owners in Cambodia asked the government on Thursday to help stop a strike by workers for higher wages, saying the labor action is damaging the investment climate for the industry, the country’s main source of exports. ...

Associated Press News Staff
http://www.startribune.com/cambodian-garment-makers-ask-government-to-quash-strike/362791961/

Muang Thai Life to expand into Cambodia in early 2016

Sara Lamsam, president and chief executive officer, said yesterday that the company has formed a 49:51 joint venture called Sovannaphum Life Assurance with its partner Canadia Investment Holding, the holding company of Canadia Bank, Cambodia’s second-largest bank. ...

Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Muang-Thai-Life-to-expand-into-Cambodia-in-early-2-30275150.html

Monitor says NEC selection opaque

The watchdog coalition Electoral Reform Alliance (ERA) yesterday voiced concern after the National Election Committee short-listed its incumbent secretary-general Tep Nytha as a candidate to hold the position, accusing the nine-member body of lacking transparency in its selection process. ...

Vong Sokheng
http://www.phnompenhpost.com/national/monitor-says-nec-selection-opaque

Federation mulls supporting rice export price

The Cambodia Rice Federation (CRF) on Thursday met with the Ministry of Commerce to discuss policies for strengthening the country’s ailing rice industry, and unveiled a plan to develop a price-support mechanism to guarantee Cambodia’s rice export price, officials said. ...

Kang Sothear
https://www.cambodiadaily.com/news/federation-mulls-supporting-rice-export-price-110081/

Mekong drought worsens amid doubts over Lao promises

Drought in Southeast Asia is raising concerns in the Cambodian and Vietnamese countryside where salinity levels are rising in the Mekong River and people are skeptical about fresh promises from Laos that it will respect the rights of downstream countries in dam construction. ...

Luke Hunt
http://www.voacambodia.com/content/mekong-drought-worsens-amid-doubts-over-lao-promises/3248924.html

Amret moves up the ratings ladder

Amret Microfinance Institution, one of the largest in Cambodia’s crowded market, yesterday announced it had received an A- rating from independent rating agency Microfinanza, which is based in Italy, for improving its operation and for its strong performance over the past year. ...

May Kunmakara
http://www.khmertimeskh.com/news/23063//

South Korea to strengthen its ties with kingdom

Foreign Minister Hor Namhong met with South Korean Vice Foreign Affairs Minister Kim Hyoung-zhin at the ministry yesterday morning to discuss bilateral relations between the two countries, as well as a host of regional issues, according to ministry spokesman Cham Sounry. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23481/south-korea-to-strengthen-its-ties-with-kingdom/

Police block Preah Vihear land dispute forum

More than 200 people representing three Preah Vihear province communities were set to discuss land disputes yesterday when police broke up their public forum, according to Tork Hong, a representative of a local community from nearby Prey Lang forest.   ...

Kong Meta
http://www.phnompenhpost.com/national/police-block-preah-vihear-land-dispute-forum

Disaster response on agenda at ASEAN meet

Defence Minister Tea Banh will lead a delegation of about 10 other senior military officials to Vientiane, Laos, to attend the ASEAN Defence Ministers Meeting from May 24 to 27, which will focus on regional cooperation in defence technology and natural-disaster response. ...

Vong Sokheng
http://www.phnompenhpost.com/national/disaster-response-agenda-asean-meet

Cambodians freed from Malaysia, Thailand

The Foreign Ministry last Thursday secured the release of 23 Cambodians who had been arrested and detained last month for overstaying their visas and working illegally in Malaysia. Another 16 Cambodians detained by Thai authorities for lacking passports were released as well. ...

Ven Rathavong
http://www.khmertimeskh.com/news/29331/cambodians-freed-from-malaysia--thailand/

Flag carrier to expand fleet with two dry-leased A320s

Cambodia Angkor Air, the Kingdom’s flag carrier, inked an agreement with Singapore-based aircraft leasing company BOC Aviation Ltd yesterday to dry lease two Airbus A320s, with the new planes scheduled for delivery by the end of the year. ...

Hor Kimsay
http://www.phnompenhpost.com/business/flag-carrier-expand-fleet-two-dry-leased-a320s

UN backs local OHCHR office in dispute

The United Nations is standing behind Office for the High Commissioner for Human Rights (OHCHR) country representative Wan-Hea Lee after a letter signed by Foreign Minister Prak Sokhon accused her Of failing to respect Cambodia’s sovereignty.​ ...

Jack Davies
http://www.phnompenhpost.com/national/un-backs-local-ohchr-office-dispute

Diversify to compete, WB economist says

Cambodia’s lagging agriculture and nascent manufacturing sectors need to diversify as the threat of regional competition heats up, a World Bank economist warned yesterday, while enumerating the challenges the Kingdom faces after having officially graduated into a lower-middle income country last year. ...

Kali Kotoski
http://www.phnompenhpost.com/business/diversify-compete-wb-economist-says 

Push to stop farmers using chemicals in rice

Experts in the rice sector have expressed their fears over the ban in exporting milled rice containing the chemical Tricyclazole to the European Union (EU), while the government is trying to educate and spread word of the ban to farmers.   ...

Chea Vannak
http://www.khmertimeskh.com/news/37271/push-to-stop-farmers-using-chemicals-in-rice/

Tourists increasing despite price

Revenue from ticket sales to foreign tourists visiting the Angkor Archaeological Park reached $30.85 million, up  51 percent in the first quarter of this year compared with the same period last year, according to report from Angkor Enterprise.   ...

Sok Chan
http://www.khmertimeskh.com/news/37269/tourists-increasing-despite-price/

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