Prince MFI opens in an expanding market
Prince Microfinance Plc held its official opening yesterday, becoming the 49th registered microlender to operate in Cambodia’s rapidly expanding microfinance market.Hon Sorachana, CEO of Prince Microfinance Plc, said the new financial institution will focus on providing a range of credit options to Cambodians and foreigners, ...
Kun Kourchettana
http://www.phnompenhpost.com/business/prince-mfi-opens-expanding-market
Ministry toughens teen labour ID requirements
The Ministry of Labour has announced new regulations for hiring workers between the ages of 15 and 18, toughening identification requirements in a sector plagued by the use of fraudulent documents.The prakas, active since November 20, requires young workers to show at least three different ...
Lay Samean
http://www.phnompenhpost.com/national/ministry-toughens-teen-labour-id-requirements
Koh Rong Samloeun’s Asia-driven tourism boom
Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...
Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/
Crackdown halts illegal timber trade with Vietnam: gov’t
The illegal timber trade to Vietnam, a key nexus in a shadow industry worth billions of dollars, has been all but eliminated, an official said yesterday in summarising a new report from the government’s anti-logging commission, a claim met with disbelief by more than one ...
Mech Dara and Igor Kossov
http://www.phnompenhpost.com/national/crackdown-halts-illegal-timber-trade-vietnam-govt
Cambodia, Thailand agree to ambitious trade goals
Prime Minister Hun Sen and his Thai counterpart, Prayuth Chan-ocha, agreed to boost bilateral trade by 300 percent—to $15 billion—by 2020 during meetings in which they also signed off on deals to open two new international border crossings and a railway line linking Phnom Penh ...
Aun Pheap
https://www.cambodiadaily.com/news/cambodia-thailand-agree-to-ambitious-trade-goals-103523/
Report calls out Gap suppliers for labour abuses
Labour rights abuses are taking place at Cambodian supplier factories for US clothing retailer Gap Inc, according to a new report, the latest in a series aimed at bringing attention to perennially poor conditions in the Kingdom’s garment industry ahead of the International Labour Organization’s ...
Yesenia Amaro
http://www.phnompenhpost.com/national/report-calls-out-gap-suppliers-labour-abuses
Misconceptions an obstacle to contraception use: study
The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...
Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study
ABA Bank gets brand revamp
Advanced Bank of Asia Limited (ABA Bank of Cambodia) officially unveiled a new logo yesterday, as it builds on its majority ownership by the National Bank of Canada.The National Bank of Canada integrated the ABA Bank as part of its group after becoming the major ...
Sok Chan
http://www.khmertimeskh.com/news/34741/aba-bank-gets-brand-revamp/
Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment ...
Kali Kotoski
http://www.phnompenhpost.com/business/cluster-model-entice-sez-investors
ADB urges implementation of cross-border transport pact
As growing trade and investment linkages in Asia and the Pacific have helped to improve the region’s overall resilience to global economic and trade policy uncertainties, countries in the Greater Mekong Subregion (GMS) need to make swifter progress in streamlining trade through multilateral agreements that ...
Post Staff
http://www.phnompenhpost.com/business/adb-urges-implementation-cross-border-transport-pact
Cases against CNRP are making progress
Court cases and investigations involving former Cambodia National Rescue Party officials are continuing apace, with new charges laid against opposition leader Sam Rainsy, another appeal for bail filed on behalf of jailed party leader Kem Sokha and a National Police spokesman saying yesterday that the ...
Ben Sokhean, Erin Handley and Mech Dara
http://www.phnompenhpost.com/national/cases-against-cnrp-are-making-progress
Geopacific strikes gold
Geopacific Resources this week announced the discovery of new gold deposits within its Kou Sa project, located in prospect area 181 in Preah Vihear province. The 2,320-metre exploration diamond drilling yielded intercepts of 11.5 metres, graded at 3.14 grams/tonne, for gold, and 14 metres at 109.48 ...
Sum Manet
http://www.khmertimeskh.com/50103111/geopacific-strikes-gold/
Betel nut use raises risk of oral cancer six-fold: study
Cambodian betel nut chewers are six times more at risk of contracting potentially malignant oral cancers, according to a new report. The study surveyed 1,634 people in Phnom Penh, Kampot, Kampong Cham, Pursat and Stung Treng and found that 54 percent had oral lesions – white ...
Erin Handley
http://www.phnompenhpost.com/national/betel-nut-use-raises-risk-oral-cancer-six-fold-study
Authorities suspect bird flu in Mondulkiri
Authorities suspect that a new case of H5N1, or bird flu, has emerged in Mondulkiri province after more than 60 villagers’ chickens fell ill.Sok Kheang, chief of the provincial agriculture and fisheries department, said more than 60 chickens in Keo Seima district had fallen ill ...
Sen David
http://www.khmertimeskh.com/50106110/authorities-suspect-bird-flu-in-mondulkiri/
Pursat market to boost local vegetable trade
Farmers in Pursat province are to benefit from a new vegetable market, allowing them to sell their produce for free for the first five years. The market is aimed at boosting sales of chemical-free vegetables for distribution across the country, to reduce reliance on imported vegetables ...
Sum Manet
http://www.khmertimeskh.com/news/38550/pursat-market-to-boost-local-vegetable-trade/
Pros and cons of China’s Belt and Road plan
Cambodia has been a vocal supporter of the BRI since the initiative’s conception in 2013. The BRI will offer a new framework of cooperation between Cambodia and her neighbours, through the increased connectivity that will arise in the region once the work on the improved ...
Samithi Sok
http://www.khmertimeskh.com/news/39680/pros-and-cons-of-china---s-belt-and-road-plan/
Interior Ministry issues one-window service regulations
The Ministry of Interior has issued new regulations to stamp out corruption at one-window services across the country, where residents go to have public documents certified. The order was signed on Tuesday by Interior Minister Sar Kheng, and is aimed at ensuring quality, transparency and accountability ...
Pav Suy
http://www.khmertimeskh.com/5077728/interior-ministry-issues-one-window-service-regulations/
Water utility says order to drop rates will not dilute its revenues
Prime Minister Hun Sen’s order for the capital’s water supplier to lower its rates and compensate customers for charges incurred under a new payment scheme introduced in May will not have a significant impact on the company’s revenue or growth plans, a finance officer at ...
Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-says-order-drop-rates-will-not-dilute-its-revenues
External funds driving policy: report
A new study has found that external donors wield outsize influence in determining national health care policies in Cambodia. The research was published earlier this month in the journal of the London School of Hygiene and Tropical Medicine. The study focused on Cambodia and Pakistan, ...
Yesenia Amaro
http://www.phnompenhpost.com/national/external-funds-driving-policy-report
Tiger goes terminal, and adds India and Cambodia cities
Tiger Airways reverses its ‘terminal’ thinking at long last in Singapore, and adds new cities in Cambodia and India. .. Tiger Airways is adding Hyderabad, India (tomorrow) and Phnom Penh, Cambodia (next Monday) to its reach only days after shifting up market into Singapore’s main terminal ...