Housing boom prompts calls for more lending, bubble warning
With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...
May Kunmakara
http://www.khmertimeskh.com/news/17987/housing-boom-prompts-calls-for-more-lending--bubble-warning/
Thailand, Cambodia to open new border crossing in Sa Kaeo
The 5th Committee Joint Trade Meeting which was co-chaired by Thailand’s Commerce Minister Apiradi Tantraporn and her Cambodian counterpart, Sun Chanthol, discussed a wide range of cooperation which was mainly focused on trade and investment along the Thai-Cambodian border. ...
Thai Visa News Staff
http://news.thaivisa.com/thailand/thailand-cambodia-to-open-new-border-crossing-in-sa-kaeo/123699/
Cambodia, Vietnam celebrate new border posts
Nearing the end of a year that has seen tension over Cambodia’s border with Vietnam often dominate domestic political discourse, Prime Minister Hun Sen on Saturday appeared alongside Vietnamese Prime Minister Nguyen Tan Dung to inaugurate two new border posts in Ratanakkiri and Takeo provinces. ...
Aun Pheap
https://www.cambodiadaily.com/news/cambodia-vietnam-celebrate-new-border-posts-104005/
CNRP appeals to supporters to refrain from online insults
With social media increasingly becoming the focal point of political discourse in the country, and the prime minister threatening to take legal action against those who insult him online, the opposition CNRP has issued an appeal to its supporters urging them not to publicly insult ...
Kuch Naren
https://www.cambodiadaily.com/news/cnrp%E2%80%88appeals-to-supporters-to-refrain-from-online-insults-105484/
Cambodia ‘invited to join TPP
Cambodia has been invited to join the Washington-brokered Transpacific Trade Partnership (TPP), which has been described as a deal that will create the largest free-trade zone in the world if it is implemented, a senior official from the Ministry of Economy and Finance said. ...
Vincent MacIsaac
http://www.khmertimeskh.com/news/20054/cambodia----invited-to-join-tpp---/
Corruption keeping economy ‘mostly unfree’
Cambodia’s “Economic Freedom”—a broad measure of how well individuals and businesses can create and protect their wealth —was classed as “mostly unfree” in a new report released by the Washington-based Heritage Foundation, which identified corruption and bureaucracy as impediments to free markets. ...
Tej Parikh
https://www.cambodiadaily.com/news/corruption-keeping-economy-mostly-unfree-107266/
Kratie protesters file petition for intervention in land dispute
About 100 villagers from Kratie province came to the capital yesterday to submit a petition to the prime minister’s cabinet and the Interior Ministry requesting government intervention in a land dispute case that has seen three of their fellow residents arrested, according to village representatives. ...
Assembly asks Sokha to provide ‘clarification’
The National Assembly issued a statement on Monday calling on deputy opposition leader Kem Sokha to respond to a complaint filed by a group of students last week over audio recordings leaked online that purport to be Mr. Sokha flirting with a mistress. ...
Phuon Chanserei Vuth
https://www.cambodiadaily.com/news/assembly-asks-sokha-to-provide-clarification-110241/
After City Hall snub, Borei Keila evictees ask UN for help
Former residents of Phnom Penh’s Borei Keila community on Wednesday handed petitions to the U.N.’s human rights envoy to Cambodia, requesting that she intervene in their feud with authorities after they were snubbed by City Hall earlier in the day. ...
Sek Odom
https://www.cambodiadaily.com/news/after-city-hall-snub-borei-keila-evictees-ask-un-for-help-110354/
Centre in China to aid Mekong management
The governments of China, Myanmar, Laos, Thailand, Cambodia and Vietnam have agreed to set up a centre in China where the six countries can work together to find solutions to water resource management problems, the Mekong River Commission said in a statement released yesterday. ...
Igor Kossov
http://www.phnompenhpost.com/national/centre-china-aid-mekong-management
Full traffic law to be enforced next month
Beginning on May 1, traffic police will ramp up enforcement of the new Traffic Law after a month and a half delay, according to a police statement yesterday. Police officials said enough drivers throughout the country now understood the law, paving the way for stricter ...
Srey Kumneth
http://www.khmertimeskh.com/news/24391/full-traffic-law-to-be-enforced-next-month/
Over 4,000 people in Cambodia cycle to mark Europe day
More than 4,000 people in Cambodia cycled here on Saturday to celebrate Europe Day and to increase environmental awareness. The event was organized by the European Union (EU) in Cambodia in cooperation with the Ministry of Education, Youth and Sports, and the Phnom Penh Municipality. ...
Khmer Times Team
http://www.khmertimeskh.com/news/24713/over-4-000-people-in-cambodia-cycle-to-mark-europe-day/
Kofi Annan foundation head visits to talk election reform
Alan Doss, executive director of former U.N. Secretary-General Kofi Annan’s eponymous foundation, met with officials from the CPP, CNRP and National Election Committee (NEC) on Monday as the first step in the body’s efforts to help election reform here. ...
Khy Sovuthy and Kuch Naren
https://www.cambodiadaily.com/news/kofi-annan-foundation-head-visits-to-talk-election-reform-112949/
Wing plans for more growth
Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/wing-plans-more-growth
Commission, EU to discuss subsidies
Members of the opposition will join their ruling party counterparts on the National Assembly’s (NA) Second Commission on Economics, Finance, Banking and Auditing in a meeting today with a European Union (EU) technical working group to discuss EU subsidies to Cambodia. ...
Taing Vida
http://www.khmertimeskh.com/news/27759/commission--eu-to-discuss-subsidies/
ILO says latest draft law on Trade Union an improvement
The regional director of the International Labor Organization (ILO) said Tuesday that the latest proposed changes to Cambodia’s draft Trade Union Law—which has been blasted by employers and unions alike—marked an improvement over the last version, which the ILO had called a “step backward.” ...
Zsombor Peter
https://www.cambodiadaily.com/news/ilo-says-latest-draft-law-on-trade-union-an-improvement-93690/
Ruling party, opposition meet over election law
Members of the ruling party and opposition met Wednesday to discuss amendments to the election law for local commune councils. The five points are election campaign procession, campaign period, raising party signs in public places, punishment, and reprimands on civil servants. ...
Men Kimseng
http://www.voacambodia.com/content/ruling-party-opposition-meet-over-election-law/2977086.html
Luxury timber seized in Pursat, Ratanakkiri
Authorities have seized large amounts of luxury wood following busts on two separate illegal timber transporters in Pursat and Ratanakkiri provinces.Local Forestry Administration officials together with Phnom Kravanh district police forces on Friday reported intercepting some five tractor loads containing 29 tbeng logs. ...
Khouth Sophak Chakrya and Phak Seangly
http://www.phnompenhpost.com/national/luxury-timber-seized-pursat-ratanakkiri
PPAP seeks to generate $6.4M in IPO
The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo
Ethnic ninority villagers in Eastern Cambodia file court case over land grab
Indigenous villagers in eastern Cambodia’s Mondulkiri province have filed a complaint in local court against military officers and a land speculator who forcibly confiscated more than 80 hectares (198 acres) of their land, an official from a rights group said Thursday. ...