Parties fail legality tests
An Interior Ministry report said yesterday that 45 political parties had registered with the government so far, but 12 did not fulfill the requirements stipulated by the ministry – which include submitting annual activity reports as well as financial documents – and were being sued ...
Pech Sotheary
http://www.khmertimeskh.com/news/35717/parties-fail-legality-tests/
Western policies may slow growth
Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...
Kali Kotoski
http://www.phnompenhpost.com/business/western-policies-may-slow-growth
Hun Sen promises weekly garment factory visits
Prime Minister Hun Sen announced on Friday that he will make weekly visits to garment factories across the country to better understand the demands and needs of workers, in what some observers said could be an attempt to appeal to potential voters before next July’s ...
Kong Meta
http://www.phnompenhpost.com/national/hun-sen-promises-weekly-garment-factory-visits
Bangladesh rice deal shelved
Cambodia has failed to finalise the terms of a massive 250,000-tonne delivery of rice to Bangladesh, with industry insiders claiming that shipments have been cancelled as millers do not currently have the stockpiles to meet export demand while hopes for further negotiations appear to be ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/bangladesh-rice-deal-shelved
Families win land dispute
More than 100 families in Takeo province have been given back their land after a dispute with the Sun Hour company and an individual landholder. The 137 families were told officially on Saturday that 915 hectares in Tram Kak district’s Trapaing Kranhoung commune would be restored ...
Pech Sotheary
http://www.khmertimeskh.com/5090358/families-win-land-dispute/
NBC gives banks, MFIs greenlight to issue bonds
The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds
Road safety policy planned
The Labour Ministry is planning to launch a national policy to cut the number of traffic accidents involving garment workers being driven to and from factories. The policy will encourage employers and drivers to prioritise road safety. Labour Minister Ith Samheng yesterday addressed a workshop on the ...
Sen David
http://www.khmertimeskh.com/50103746/road-safety-policy-planned/
Fishermen still abused in Thailand
Forced labour remains rampant on Thai fishing boats more than three years after an international outcry, according to a Human Rights Watch (HRW) report released yesterday, with Cambodian fishermen reporting that Thai reforms designed to safeguard them from abuse are being used as tools to ...
Erin Handley and Yon Sineat
http://www.phnompenhpost.com/national/fishermen-still-abused-thailand
Investment in extractive industry worth 1.3 billion
Foreign direct investment (FDI) in the extractive industry, including some projects expected to be approved before the end of the year, now equals $1.3 billion, making it one of the most valuable economic sectors in the kingdom, according to data from the Ministry of Mines ...
Chea Vannak
http://www.khmertimeskh.com/50112148/investment-in-extractive-industry-worth-1-3-billion/
GI status soon for 4 products
Four Cambodian products – Kampot salt, Phnom Srok silk of Banteay Meanchey province, fragrant milled rice from Battambang province and Kampot durian – could be given geographical indication (GI) status by the European Union (EU), said a senior official from the Ministry of Commerce and ...
Sok Chan
http://www.khmertimeskh.com/news/31522/gi-status-soon-for-4-products/
Pheapimex ties ‘cause for concern’
Alex Corporation, the firm behind a proposal for an ambitious Mondulkiri mining project, appears to be ultimately owned by ruling party Senator Lao Meng Khin and his wife, Choeung Sopheap, the Post has discovered, a scenario rights groups say should give cause for concern. ...
Jack Davies
http://www.phnompenhpost.com/national/pheapimex-ties-cause-concern
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum in ...
Sum Manet
http://www.khmertimeskh.com/news/38508/business-centre-lure-for-chinese/
Government eyeing low-cost housing
An estimated 7.9 million people in Cambodia will be living in urban areas by 2030, up from 4.5 million in 2014, with officials at a forum on national housing yesterday announcing ambitious plans to meet the demand for some 55,000 affordable new homes each year. ...
Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/government-eyeing-low-cost-housing
WHO tests new malaria therapy
High failure rates of the frontline medication to treat malaria in Southern Vietnam have revived concerns that parasites resistant to multiple drugs, first observed in Cambodia’s Pailin province, may be spreading. Meanwhile, experts in the Kingdom are currently testing alternative treatment options to stay ahead ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/who-tests-new-malaria-therapy
CPP plans to reallocate legislative, local council seats get assembly nod
With the fate of the CNRP still in the Supreme Court’s hands, the National Assembly yesterday paved the way for all of the main opposition party’s seats to be handed over to a smattering of smaller parties and, at the local level, to the ruling ...
Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national/cpp-plans-reallocate-legislative-local-council-seats-get-assembly-nod
Hun Sen offers ultimatum for CNRP officials: defect or risk a five-year ban
Prime Minister Hun Sen threatened yesterday to impose a five-year ban on more than 100 unnamed senior CNRP officials, seemingly under a controversial provision of the Law on Political Parties, while insisting that the main opposition party will indeed be dissolved this month by the ...
Niem Chheng, Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national/hun-sen-offers-ultimatum-cnrp-officials-defect-or-risk-five-year-ban
Resident from Borei Keila questioned on protest
Authorities questioned a Borei Keila resident on Tuesday for her role in a protest outside the home of developer Suy Sophan, who filed a complaint against her earlier in March. Borei Keila resident Phork Sophin said that she may be charged with defamation and the ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/resident-borei-keila-questioned-protest
2017: A good year for fish
Cambodians can expect up to 14,000 tons of fish caught from the Tonle Sap, Mekong and Bassac rivers this year, a 5,000 ton increase compared with last year, which will be sufficient to meet all local demand, said the Ministry of Agriculture, Forestry and Fisheries ...
Sok Chan
http://www.khmertimeskh.com/news/34057/2017--a-good-year-for-fish/
Government floats new pay scheme
Minister of Labour Ith Sam Heng yesterday fingered large end-of-contract severance payments as a prime reason owners flee when their factories go bankrupt, suggesting the introduction of a yearly bonus scheme and fortnightly salaries would “reduce the risk” of garment workers being left in the ...
Sen David and Erin Handley
http://www.phnompenhpost.com/national/government-floats-new-pay-scheme
Microlender in monster deal
Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...
Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal