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Foreign minister urges North Korean restraint in peninsula

Cambodian Foreign Minister Hor Namhong urged North Korea to have bilateral meetings with the South to help resolve tensions on the Korean Peninsula in a meeting with North Korean Ambassador Hong Ki Choi at the Cambodian Foreign Ministry yesterday. ...

Ban Sokrith
http://www.khmertimeskh.com/news/22937/foreign-minister-urges-north-korean-restraint-in-peninsula/

US preps kingdom for nuclear energy

The US Department of Energy (DOE) held a workshop on “Nuclear Safeguards and the Additional Protocol” at Phnom Penh’s Sunway Hotel yesterday, highlighting the need for more technical knowledge and greater information sharing on nuclear power in Cambodia. ...

Jonathan Greig
http://www.khmertimeskh.com/news/24387/us-preps-kingdom-for-nuclear-energy/

More protests over factory closing

Almost 600 garment workers from the Malaysian-owned Global Apparel Limited garment factory protested yesterday morning by marching from the factory to another branch 200 meters away, demanding the owners end all worker contracts at the same time. ...

Mom Kunthear
http://www.khmertimeskh.com/news/25824/more-protests-over-factory-closing/

Customs official jailed after arrest over bribery claims

An official at the Finance Ministry’s customs and excise department has been jailed on bribery charges following his arrest by the Anti-Corruption Unit (ACU) last week on suspicion of taking kickbacks from foreign companies.   ...

Sek Odom
https://www.cambodiadaily.com/news/customs-official-jailed-after-arrest-over-bribery-claims-115565/

Sar Kheng challenges minister on priorities

Interior Minister Sar Kheng lashed out at Agriculture Minister Veng Sakhon yesterday for failing to attend a meeting on the latest government directive to reduce the exploitation of natural resources, saying the minister should get his priorities straight. ...

Kong Meta and Mech Dara
http://www.phnompenhpost.com/national/sar-kheng-challenges-minister-priorities

Productive outcome to bilateral talks

Cambodia and Vietnam yesterday agreed in principle to work together in a range of commercial activities following two-hour talks at Peace Palace between Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phu.   ...

Ven Rathavong
http://www.khmertimeskh.com/news/37775/productive-outcome-to-bilateral-talks/

Acleda launches smart phone app

Acleda Bank on Tuesday launched a smart phone app in an effort to reach low-income earners who do not use banks.​ Unity ToanChet, a Fin-Tech application, lets customers carry out transactions anywhere and at any time. ...

Sok Chan
http://www.khmertimeskh.com/news/37801/acleda-launches-smart-phone-app/

Problematic roundabout to get $1 million accompaniment

Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...

Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment

Problematic roundabout to get $1 million accompaniment

Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...

Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment

Kingdom asked to up AIDS fund

Cambodia has been asked to more than double its yearly contribution toward the fight against HIV/AIDS to at least $3.2 million in each of the next three years, an official from the National AIDS Authority said yesterday. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/kingdom-asked-aids-fund

China’s squeeze on capital outflow felt in Cambodia

Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...

Kali Kotoski and Brian Ng
http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia

Newly elected must declare assets: ACU

The Anti-Corruption Unit (ACU) has demanded that all new commune chiefs and councillors elected at the June 4 local elections submit asset declarations to the unit and reminded those who were re-elected to update their declarations. ...

Andrew Nachemson and Niem Chheng
http://www.phnompenhpost.com/national/newly-elected-must-declare-assets-acu

Ministry vows to stop illegal Thai border crossings

Interior Minister Sar Kheng said on Wednesday that 100 to 200 Cambodians illegally cross the border with Thailand every day, well under an estimate from a U.N. agency that puts the figure at 3,000 to 4,000. ...

Leng Len
https://www.cambodiadaily.com/news/ministry-vows-to-stop-illegal-thai-border-crossings-133461/

District governor gets Interior Ministry job

Phnom Penh’s Sen Sok district governor Pil Kosal has been transferred to work at the Interior Ministry after the ruling CPP lost all of its commune seats in the district to the opposition CNRP in June’s polls. ...

Khy Sovuthy
http://www.khmertimeskh.com/5084018/district-governor-gets-interior-ministry-job/

Military officer forced to give public apology

A Kampong Thom provincial military police officer is being forced to issue a public apology to Kampong Thom High School teachers after he cursed at them for instructing his daughter to change her clothes to match the school uniform. ...

Pav Suy
http://www.khmertimeskh.com/5093739/military-officer-forced-give-public-apology/

PM lays out national plan for the elderly

A new shelter for the indigent elderly – plus hundreds of new community-based associations for older people – is in the works under a national plan on ageing launched by Prime Minister Hun Sen at the Peace Palace yesterday. ...

Yon Sineat
http://www.phnompenhpost.com/national/pm-lays-out-national-plan-elderly

CDC opens tax desk to advise foreign firms

The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. ...

Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms

Japanese investment worth $1.6 billion in 2017

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/

Luxury wood found near border

A mixed group of nearly 40 officials based at the Cambodian-Thai border in Pailin province seized first-class timber on Wednesday, but failed to catch the suspects who illegally entered Thailand to log it, according to police yesterday. ...

Pav Suy
http://www.khmertimeskh.com/news/31671/luxury-wood-found-near-border/

IFC to boost corporate governance

The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance

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