Minister: Lower logistics costs
With the government hoping to attract overseas investment and increase the export of agricultural products, Transport Minister Sun Chanthol is urging a reduction in logistics costs to make Cambodian products more competitive and eliminate corruption in the process. ...
Chea Vannak
http://www.khmertimeskh.com/news/33500/minister--lower-logistics-costs/
PM opens Laos border checkpoint
Prime Minister Hun Sen and Lao President Bounnhang Vorachith met yesterday at the inauguration of a checkpoint on the border between both countries, subsequently reaching an agreement to allow residents on both sides to cross freely with only a special border pass. ...
Chea Vannak
http://www.khmertimeskh.com/news/34060/26-millers-pass-china-test/
Foreign Ministry hits back at critical report
The Foreign Affairs Ministry yesterday released a strongly worded, albeit vague, rebuttal to a harsh report released by ASEAN parliamentarians on Monday, which chided the government for its legal onslaught against the opposition and alleged the “systematic dismantling [of] democracy” in the Kingdom. ...
Ananth Baliga
http://www.phnompenhpost.com/national/foreign-ministry-hits-back-critical-report
New coal-fired plant billed at $600 million
Malaysian-owned energy firm Cambodian Energy II Co Ltd (CEL2) will invest a total of $600 million into building its 150-megawatt coal-fired power plant near Sihanoukville, which is set to become the Kingdom’s third coal-fired power station. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/new-coal-fired-plant-billed-600-million
Vietnamese firm to invest in massive casino
A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidiary, a government official confirmed yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/vietnamese-firm-invest-massive-casino
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. ...
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/