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Acleda’s new ATM cards

Acleda Bank spent about $1 million to produce 800,000 new ATM cards with EMV chips to enable them to be used globally and also to mitigate the risk of fraud, said the bank’s president and group managing director on Friday. ...

Sok Chan
http://www.khmertimeskh.com/news/38780/acleda---s-new-atm-cards/

Situation room seeks meeting with Minister

Two key members of the election monitoring group dubbed the Situation Room are seeking a meeting with Interior Minister Sar Kheng to discuss a recent government order that would bar the NGO consortium from continuing its work for next year’s general election. ...

Ben Sokhean
https://www.cambodiadaily.com/news/situation-room-seeks-meeting-with-minister-132742/

CNRP meets as new Party Law clears council

Cambodia National Rescue Party leaders yesterday summoned members from across the Kingdom instructing them how to comply with impending new laws that will see former party President Sam Rainsy scrubbed clean from their prolific billboards – but not without a hint of defiance. ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-meets-new-party-law-clears-council

Senate passes rule to punish absenteeism

The Senate amended its internal rules yesterday to punish senators who miss sessions by docking their salaries, while also voting down a measure to appoint the wife of Hong Sok Hour to fill his former seat on the body’s anti-corruption committee. ...

Meas Sokchea and Leonie Kijewski
http://www.phnompenhpost.com/national/senate-passes-rule-punish-absenteeism

Election to have little impact on banks: MSP

Next year’s national election is unlikely to slow the rapid pace of bank lending growth but could put a temporary crimp in deposits, though the sector is expected to have sufficient liquidity to absorb the impact, according to a report released yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/election-have-little-impact-banks-msp

Locals evacuated for bomb removal

Over 800 villagers were evacuated yesterday in preparation for the removal of two tear gas barrel bombs in Svay Rieng province, while a provincial committee is attempting to “reduce the fear” surrounding the bombs – fear seemingly stoked by erroneous statements from government officials. ...

Phak Seangly and Andrew Nachemson
http://www.phnompenhpost.com/national/locals-evacuated-bomb-removal

Poipet families protest for help in land dispute

Some 30 families from Poipet city’s Phsar Kandal commune yesterday protested in front of the Poipet Town Hall to demand intervention from authorities to resolve a land dispute with a man who claims to be an “adviser” to Prime Minister Hun Sen. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/poipet-families-protest-help-land-dispute

Thai trade meeting to take place next week

Taking place on the 21 and 22 on this month, the JTC meeting will focus on bilateral trade promotion. On the sidelines of the meeting, investors from both countries will participate in business matching events to enhance trade ties between the two countries.​ ...

Sok Chan
http://www.khmertimeskh.com/50108940/thai-trade-meeting-to-take-place-next-week/

Garment wages soar

Research has shown some staff in the garment sector can now earn up to $480 each month as unions and the Garment Manufacturers Association in Cambodia congratulated workers for taking home the new minimum monthly wage of $170 for the first time. ...

Mom Kunthear
http://www.khmertimeskh.com/50109499/garment-wages-soar/

Government’s efforts to decentralise continue

In the past two decades, the government has transferred about $2 billion to lower level administrations in an effort to decentralize.The figure was revealed yesterday during the first day of a two-day conference on decentralization on Koh Pich. ...

Khy Sovuthy
http://www.khmertimeskh.com/50109838/governments-efforts-decentralise-continue/

Brands including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. ...

Daphne Chen
http://www.phnompenhpost.com/national/brands-including-hm-and-gap-urge-cambodia-garment-industry-reform-seek-meeting-hun-sen

Nearly 6,000 border crimes in 2016: ministry

The National Defense Ministry’s annual draft report showed that Cambodia’s borders are still at risk of abuse from Thailand, Vietnam and Laos, despite the Royal Cambodian Armed Forces (RCAF) cracking down on nearly 6,000 border crimes over the past year. ...

Taing Vida
http://www.khmertimeskh.com/news/33829/nearly-6-000-border-crimes-in-2016--ministry/

Cambodia, Laos draw back troops in bid to avoid escalation at border

After a two-hour meeting, Cambodian and Lao provincial military and border officials yesterday reached an agreement to draw back forces from two undemarcated zones where the building of outposts had recently sparked military stand-offs, according to a general in the area. ...

Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/cambodia-laos-draw-back-troops-bid-avoid-escalation-border

Correspondent banking in retreat, but growing in Asia

While financial inclusion is a top priority for emerging economies, new research suggests more stringent enforcement of anti-money regulations in recent years has resulted in major Western banks disconnecting from these regions, leaving local businesses without access to the international financial system. ...

Cam McGrath
http://www.phnompenhpost.com/business/correspondent-banking-retreat-growing-asia

Safe water from Kamchay dam

A feasibility study on producing safe drinking water from the Chinese-built Kamchay hydropower dam in Kampot province has been completed, according to the Ministry of Industry, raising hopes that the current water shortage in the province and neighbouring Kep could be alleviated. ...

Chea Vannak
http://www.khmertimeskh.com/news/39782/safe-water-from-kamchay-dam/

‘Seiha’ releases Sokha video

Material apparently aimed at incriminating jailed opposition leader Kem Sokha continued to flow in over the weekend, with pro-government leaker “Seiha” releasing another video of Sokha expressing his gratitude to the US government for its assistance in building democracy in Cambodia. ...

Ananth Baliga
http://www.phnompenhpost.com/national/seiha-releases-sokha-video

Denmark’s Damco launches new head office

The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...

Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/

Battambang facility soon to start drying rice

A massive centralised rice drying facility in Battambang province being developed by Thaneakea Srov (Kampuchea) Plc will soon be operational, while its adjacent rice storage operations are on track to be completed early next year, the CEO of the company said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/battambang-facility-soon-start-drying-rice

Chinese market widening for Cambodian exports

Cofco, China’s largest food processor, manufacturer and trader, will set up a working group in the kingdom to explore the possibilities available in the local agricultural market, including expanding the number of products it imports from Cambodia and investing in local infrastructure. ...

Sok Chan
http://www.khmertimeskh.com/5098014/chinese-market-widening-cambodian-exports/

Yazaki Opens Auto Parts Factory in Cambodia

Japanese auto parts maker Yazaki Corp. opened a wire harness factory in Cambodia on Monday, which President Yasuhiko Yazaki said will create about 600 jobs in the country immediately. The $24 million plant is in Koh Kong Province about 270 kilometers southwest of Phnom Penh. ...

http://www.pddnet.com/news/2012/12/yazaki-opens-auto-parts-factory-cambodia

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