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Listed firms GTI and PAS post higher Q3 revenue

Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...

May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue

Rainsy S Korea event off-limits for Cambodians, envoy warns

Cambodia’s ambassador to South Korea has again come under fire for telling Cambodian expatriates they face “arrest and deportation” if they attend an opposition party event this weekend in Seoul.In a Facebook post yesterday, Suth Dina told Cambodian workers and students in Korea to shun ...

Meas Sokchea
http://www.phnompenhpost.com/national/rainsy-s-korea-event-limits-cambodians-envoy-warns

Gov’t eliminates inheritance tax on property

Cambodians passing on their property to relatives will no longer have to pay the requisite registration tax, the government announced on Sunday during the ruling CPP’s annual party congress.The directive, signed by Prime Minister Hun Sen, was posted to both the the premier’s personal Facebook ...

Kuch Naren
https://www.cambodiadaily.com/news/govt-eliminates-inheritance-tax-on-property-105072/

Hun Sen says he will ‘dismantle’ threats to government

Prime Minister Hun Sen says he will continue to “dismantle” groups that are a threat to the government.In a letter to coincide with the International Day of Peace on Monday, Hun Sen said Cambodian democracy and human rights are making progress, but he also said ...

Hul Reaksmey and Ten Soksreinith,
http://www.voacambodia.com/content/hun-sen-says-he-will-dismantle-threats-to-government/2972231.html

ADB trims Kingdom’s economic forecast

Cambodia’s economy will feel turbulence from beyond its borders as China’s heavyweight economy faces softer growth prospects and major industrial economies experience a lethargic recovery, the Asian Development Bank (ADB) said in a report released yesterday.In an update to its flagship annual economic publication, Asian ...

Cam McGrath
http://www.phnompenhpost.com/business/adb-trims-kingdoms-economic-forecast

Loggers threaten Cambodian forest and wildlife preserve

A protected forest and wildlife sanctuary in northern Cambodia’s Preah Vihear province has come under threat of illegal logging, with migrants to the area and soldiers clearing land and cutting down trees, sources say.Local residents and activists are urging Cambodia’s government to help protect the ...

Hang Savyouth
http://www.rfa.org/english/news/cambodia/threaten-10132015165540.html

Cambodia marks World Food Day, focusing on social protection, agriculture

Cambodia celebrated World Food Day here on Friday, stressing the importance of social protection and agriculture in eradicating hunger and poverty, according to a joint press statement. Gianpietro Bordignon, WFP Representative to Cambodia, said Cambodia has achieved an impressive economic development in the past decades, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-10/16/c_134721086.htm

Bus company boycott escalates as assault case continues

A boycott of the Virak Buntham bus company launched by businesses here is intensifying and gaining increased support after alleged criminal activity on its routes was exposed.The most recent allegation against the company, an alleged sexual assault against a British tourist, was reported earlier this ...

Jack Laurenson
http://www.khmertimeskh.com/news/17154/bus-company-boycott-escalates-as-assault-case-continues/

Cambodia agrees to resettle more refugees from Nauru

Immigration minister Peter Dutton has met Cambodia’s strongman Prime Minister Hun Sen to salvage a $55 million agreement with the impoverished nation to resettle more refugees from Nauru.Only days after declaring it had no plans to resettle more than four refugees who arrived in June, ...

Lindsay Murdoch
http://www.smh.com.au/world/cambodia-agrees-to-resettle-more-refugees-from-nauru-20150909-gjj0ta.html

Cambodia reaching 'dangerous tipping point': UN expert

Cambodia’s increasingly fractious political situation is pushing the country towards a “dangerous tipping point”, the UN rights envoy to the kingdom said on Tuesday (Nov 24).The country has been plunged into a bitter political crisis after an arrest warrant was issued for Sam Rainsy, Cambodia’s ...

AFP News Staff
http://www.channelnewsasia.com/news/asiapacific/cambodia-reaching/2290622.html

Siem Reap copper mine shut down

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

Chea Vannak
http://www.khmertimeskh.com/news/20048/siem-reap-copper-mine-shut-down/

Group Lease sees spike in Cambodian income

Thai financing firm Group Lease Plc posted a record-high 222.17 million baht ($6.3 million) net profit from its operations in the first quarter of the year, a 101.5 per cent increase from the same period a year earlier, driven by improvements in its Thai operations ...

Post Staff
http://www.phnompenhpost.com/business/group-lease-sees-spike-cambodian-income

Ethnic minority forest being gutted: activists

Half of a Kuoy ethnic community forest in Stung Treng province – for which villagers are seeking official recognition – has been logged in the past three years for private commercial gain, according to recently returned environmental activist twins Chum Hout and Chum Hour. Seven ...

Phak Seangly
http://www.phnompenhpost.com/national/ethnic-minority-forest-being-gutted-activists

Little damage from flooding: official

A disaster management official said yesterday that recent flooding in some northern provinces had not caused serious damage to villagers’ homes or caused any loss of life, but said authorities were still keeping a watchful eye. Keo Vy, cabinet chief and a spokesman for National ...

Mom Kunthear
http://www.khmertimeskh.com/news/29565/little-damage-from-flooding--official/

CNRP ends boycott, makes quiet return to NA

Ending their almost two-month boycott of parliament, opposition lawmakers yesterday joined their ruling party counterparts at the National Assembly in unanimously passing three laws.The plenary session, attended by 68 Cambodian People’s Party parliamentarians and 34 from the opposition Cambodia Nation Rescue Party, was by and ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-ends-boycott-makes-quiet-return-na

Risky new lending service offers quick cash for a price

Sok Rasmey (not his real name) works for an NGO in Phnom Penh with a salary of $350 a month. This is usually enough to cover his modest living costs, but when urgent expenses arise, he often looks to borrow to cover his costs. Ashamed ...

Kun Kourchettana
http://www.phnompenhpost.com/business/risky-new-lending-service-offers-quick-cash-price

Election reporting banned

The Information Ministry has banned journalists from publishing any information about the results of the next elections before the ministry does to avoid what they claim would cause “confusion to the public.” Information Minister Khieu Kanharith told a seminar on Tuesday that the ministry was ordering ...

May Titthara
http://www.khmertimeskh.com/news/29216/election-reporting-banned/

Villagers seek help with their dispute

About 100 people representing 162 families from Koh Kong province came to Phnom Penh yesterday to resubmit a petition to the National Assembly and some state institutions asking for intervention in a decade-old land dispute with three sugar companies. Phav Nherng, a representative of the families ...

Pech Sotheary
http://www.khmertimeskh.com/news/33387/villagers-seek-help-with-their-dispute/

Sihanoukville multipurpose port planned

The government plans to spend about $300 million to build a new multipurpose seaport in Preah Sihanouk province, which promises to receive larger cargo ships and reduce logistics costs.The new port will increase the capacity of the Sihanoukville Autonomous Port (PAS) to handle cargo shipments, ...

Chea Vannak
http://www.khmertimeskh.com/news/33740/sihanoukville-multipurpose-port-planned/

More than 20 die in New Year accidents

More than 20 people were killed and 60 were injured in traffic accidents over the first two days of the Lunar New Year, a nearly 30 percent decline in fatalities compared with the same period last year.According to a National Police report, 38 traffic accidents ...

Mom Kunthear
http://www.khmertimeskh.com/news/34870/more-than-20-die-in-new-year-accidents/

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