Grand Twins profit falls by 69.5%
Grand Twins International (GTI), a Taiwan-owned listed company on the Cambodia Securities Exchange (CSX), declared a dividend payout ratio of 50 percent of its net profit after tax for the 2015 financial year. The dividend distribution will be made on the 30th of this month. ...
May Kunmakara
http://www.khmertimeskh.com/news/26166/grand-twins-profit-falls-by-69-5-/
Palm sugar’s GI status could soon get EU protection
The European Union is expected to enter Kampong Speu palm sugar into its registry of protected geographical indicators (GI) by July following a push by the Cambodian government to protect the specialty food product in one of its biggest markets, a Ministry of Commerce official ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/palm-sugars-gi-status-could-soon-get-eu-protection
CPP lead in popular vote slim, say NGOs
Preliminary returns from Sunday’s commune elections appear to show a tighter popular vote than the breakdown of communes won would seem to suggest, with the CNRP raking in an estimated 45 percent of votes to the CPP’s 48 percent, according to a coalition of NGOs. ...
Andrew Nachemson, Soth Koemsoeun and Niem Chheng
http://www.phnompenhpost.com/national/cpp-lead-popular-vote-slim-say-ngos
Kingdom courts rice deal with Bangladesh
The Kingdom’s apex rice industry body has been meeting this week to discuss ways of nailing down a potentially massive deal with Bangladesh, which earlier this month inked a memorandum of understanding to purchase 1 million tonnes of Cambodian rice over the next five years. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdom-courts-rice-deal-bangladesh
River landslide destroys homes
Ten houses on the banks of the Bassac river in Kandal province were damaged when part of the riverbank collapsed on Saturday. Soy Saravorn, the deputy police chief in Saang district, said parts of the homes in Roka Khpous commune fell into the water. ...
Pav Suy
http://www.khmertimeskh.com/news/36893/river-landslide-destroys-homes/
Gov’t working to recover stolen artifacts
Following the seizure of a massive trove of Asian artifacts smuggled into the U.S. by a New York-based art dealer, the Cambodian Embassy in Washington has started working with U.S. authorities to repatriate more than $3 million worth of Cambodian antiquities, an embassy official said ...
Maria Paula Brito
https://www.cambodiadaily.com/news/govt-working-to-recover-stolen-artifacts-82321/
Senate approves Draft Law on Food Security
The 4th legislature of the Senate of Cambodia approved the draft law on food security in its extraordinary session held here this morning under the chairmanship of its President Samdech Say Chhum. ...
Khmer Times Staff
https://www.khmertimeskh.com/501078058/senate-approves-draft-law-on-food-security/
Almost 2,000 factories registered in Cambodia in first seven months
The number of factories, ranging from producing clothes to electronic devices reached 1,947 as of July this year, employing more than 1 million people, of them some 76 percent are women. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130962/almost-2000-factories-registered-in-cambodia-in-first-seven-months/
Local oil prices fall slowly
The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...
http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html
In rare move, Hun Sen to hit the campaign trail
Prime Minister Hun Sen has said he will join in with campaigning for his ruling Cambodian People’s Party ahead of local elections next week in an unexpected move for a leader who would normally stay out of the fray.Hun Sen, who has been in power ...
Hul Reaksmey
http://www.voacambodia.com/a/in-rare-move-hun-sen-to-hit-the-campaign-trail/3871121.html
Beeline officials mum on sales buzz
Questions remained yesterday about the fate of mobile operator Beeline Cambodia following the sale of parent company Vimpelcom’s Vietnamese assets earlier in the week. Despite a report on Tuesday in the Russian newspaper Kommersant that sources close to Vimpelcom’s shareholders had said the sale of Cambodian operations was under consideration, company officials ...
Sustainable goals target pushed back
The Cambodian Prime Minister has suggested that the deadline of 2030 to achieve the goals of sustainable development (SDGs) might need to be reset because the progress of the agenda has been affected by the outbreak of the COVID-19 pandemic. ...
Sorn Sararth
https://www.khmertimeskh.com/50768526/sustainable-goals-target-pushed-back/
Mandatory quarantines, high alert at Thai border
Minister of Interior Sar Kheng stressed to authorities of provinces bordering Thailand that they must strictly enforce instructions from Prime Minister Hun Sen concerning Covid-19 preventive measures following detection of a new outbreak of the disease in Thailand’s Samut Sakhon province. ...
Niem Chheng
https://www.phnompenhpost.com/national/mandatory-quarantines-high-alert-thai-border
Authorities working with Cambodia to rescue Vietnamese lured into illegal work
The spokeswoman of the Ministry of Foreign Affairs (MofA) Le Thi Thu Hang said on October 6 that Vietnamese authorities are working closely with relevant agencies of Cambodia to deal with the issue of Vietnamese people tricked or lured to Cambodia for illegal work. ...
Khmer Times Staff
https://www.khmertimeskh.com/501164429/authorities-working-with-cambodia-to-rescue-vietnamese-lured-into-illegal-work/
Over 60,000 expected at ‘Jan 7’ event
The ruling Cambodian People’s Party (CPP) will celebrate the 44th anniversary of the January 7 Victory over Genocide Day with tens of thousands of participants, under the presidency of Prime Minister Hun Sen. ...
Ry Sochan
https://www.phnompenhpost.com/national/over-60000-expected-jan-7-event
On peace day, Hun Sen promises crackdown
Prime Minister Hun Sen on Monday released a three-page open letter on the occasion of the U.N.’s International Day of Peace, praising his own achievements in ending the country’s civil war while vowing to “crack down” on people who commit “tricks” in the name of ...
Khuon Narim
https://www.cambodiadaily.com/news/on-peace-day-hun-sen-promises-crackdown-95019/
Garment workers rally against Starlight, labor ministry to step in
After roughly 300 garment workers from the Starlight Apparel manufacturing Co. Ltd. in Kandal province’s Khsach Kandal district gathered in front of the Ministry of Labor yesterday, officials promised to meet today to address their demands, according to a representative of the workers. ...
Chea Vannak
http://www.khmertimeskh.com/news/20658/garment-workers-rally-against-starlight--labor-ministry-to-step-in/
50 fishermen push hard for owed wages
Nearly 50 residents of Kampong Chhnang province who were mistreated by the Giant Ocean International Fishery Co. Ltd. while working abroad asked for the assistance of human rights group Adhoc yesterday in order to expedite their former employer’s payment of owed wages, according to the ...
Mom Kunthea
http://www.khmertimeskh.com/news/22873/50-fishermen-push-hard-for-owed-wages/
PM pushes for more Freedom Park arrests
On the heels of a string of prison sentences for opposition activists involved in anti-government protests in July of last year, Prime Minister Hun Sen has ordered authorities to arrest more demonstrators allegedly involved in the “insurrection”, singling out but not naming seven Cambodia National ...
Meas Sokchea
http://www.phnompenhpost.com/national/pm-pushes-more-freedom-park-arrests
MRC moves to delay Luang Prabang dam project’s prior consultation
The scheduled conclusion of the prior consultation process of the Lao-initiated Luang Prabang hydropower project has been moved to the end of the month, a statement from the Mekong River Commission said Friday, following concerns raised by the project’s stakeholders. ...
Pech Sotheary
https://www.khmertimeskh.com/50731233/mrc-moves-to-delay-luang-prabang-dam-projects-prior-consultation/