Maruhan Japan Bank buys stake in MFI
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. ...
Seven Vietnamese Arrested for Logging Inside Land Concessions
Seven Vietnamese men have been arrested for illegally felling trees inside two government-granted economic land concessions in Ratanakkiri province’s O’Yadaw district, where a Jarai ethnic minority community is fighting to preserve the forest and their ancestral lands. ...
Climate Change Will Adversely Affect Economy
Cambodia’s manufacturing and tourism sectors will face adverse effects from climate change due to the country’s focus on hydropower, according to a report produced jointly by British and Cambodian think tanks. ...
http://www.cambodiadaily.com/business/climate-change-will%E2%80%88adversely-affect-economy-36624/
Prey Lang activists detain two loggers
Two illegal loggers were arrested by a community patrol in Prey Lang forest on Wednesday, the Prey Lang Community Network (PLCN) said yesterday. ...
Phak Seangly
http://phnompenhpost.com/national/prey-lang-activists-detain-two-loggers
Muslim woman, girl back from Malaysia
A day after opposition leader Sam Rainsy publicly took up their cause, a young Cham Muslim woman and girl were repatriated Tuesday after being trafficked into the Malaysian sex trade and were greeted by Foreign Affairs Minister Hor Namhong. ...
Kuch Naren
https://www.cambodiadaily.com/news/muslim-woman-girl-back-from-malaysia-78619/
Cambodia refuses asylum to Montagnard refugees from Vietnam
Cambodia is refusing protection for almost 100 Montagnard asylum seekers fleeing persecution in Vietnam as four refugees travel from Nauru to the impoverished nation under a controversial $55.5 million agreement with Australia. ...
Lindsay Murdoch
http://bit.ly/1FV7c50
Hanoi official meet over CNRP's border trips
Prime Minister Hun Sen on Tuesday received Vietnamese Communist Party Politburo official Le Hong Anh at his office in Phnom Penh and asked that Vietnam remain “calm” over recent fact-finding trips to the border led by opposition lawmakers. ...
Khuon Narim
https://www.cambodiadaily.com/news/pm-hanoi-official-meet-over-cnrp-border-trips-85289/
Man who sold clinic license faces 10 years’ imprisonment
A Cambodian man who sold his license to operate a medical clinic in Stung Treng City faces up to 10 years in prison after a woman died following an abortion conducted illegally on the premises, a court official said. ...
Sek Odom
https://www.cambodiadaily.com/news/man-who-sold-clinic-license-faces-10-years-imprisonment-85889/
Cost cutting leads to Q1 profit for GTI
Publicly-listed garments firm Grand Twins International made a small profit this quarter by slashing its costs, although that didn’t stop the company from taking a hit to its revenues, according to its first-quarter results released yesterday. ...
Charles Rollet
http://www.phnompenhpost.com/business/cost-cutting-leads-q1-profit-gti
Six montagnards seek refugee status in Cambodian capital
Six ethnic Montagnard Christians who fled Vietnam and illegally entered Cambodia to seek refugee status have arrived safely in the capital Phnom Penh, an official from a local human rights group said Monday. ...
Ratha Visal
http://www.rfa.org/english/news/cambodia/six-montagnards-seek-refugee-status-in-cambodian-capital-07202015144307.html
Capitol bus drivers reject employment letters
More than 40 Capitol Tours bus drivers who were ordered by the Phnom Penh Municipal Court on Friday to end a nearly two-weeklong strike are refusing to sign a company letter agreeing to new employment conditions. ...
Huot Chanpav
https://www.cambodiadaily.com/business/capitol-bus-drivers-reject-employment-letters-90610/
Seven provinces targeted for eco-tourism sustainability
The government has set up an inter-ministerial working group to pick seven provinces where work will be done on landscape sustainability projects to increase eco-tourism in Cambodia. ...
Michael Firn
https://www.khmertimeskh.com/50897508/seven-provinces-targeted-for-eco-tourism-sustainability/
Cambodia, and IFC promote mediation to resolve commercial disputes
Cambodia’s National Commercial Arbitration Center (NCAC) and the International Finance Corporation (IFC) are promoting mediation to resolve business disputes and build investors’ trust in commercial litigations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501039017/cambodia-and-ifc-promote-mediation-to-resolve-commercial-disputes/
Cambodia, EU discuss human rights cooperation
Cambodia and the European Union (EU) have discussed more cooperation on human rights in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501424451/cambodia-eu-discuss-human-rights-cooperation/
School feeding supports marginalised students, promotes local food products
While benefiting about 300,000 students across Cambodia, the school feeding programme (SFP) has also transformed into an effective mechanism to promote locally supplied food products. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518072/school-feeding-supports-marginalised-students-promotes-local-food-products/
After bus company reneges on promises, a desperate union resumes protests
After the bus company Giant Ibis Transport delayed concluding negotiations with 30 laid off union employees, the workers continued protests at the company’s Sen Sok district station in Phnom Penh on Monday. ...
Eung Sea
https://cambojanews.com/after-bus-company-reneges-on-promises-a-desperate-union-resumes-protests/
Mekong countries agree to strengthen tourism cooperation
Greater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to ...
Sok Chan
https://www.khmertimeskh.com/50665908/mekong-countries-agree-to-strengthen-tourism-cooperation/
Love Lake to be protected and developed under new sub-decree
“Love Lake”, also known as the Boeng Sne and Poantaley area, has now been listed as a multi-use site over multiple districts in Prey Veng province in order to protect and develop the area. ...
Buth Sela
https://www.khmertimeskh.com/50815239/love-lake-to-be-protected-and-developed-under-new-sub-decree/
Japan to provide $50M for Phnom Penh power project
The Japanese government has agreed to provide eight billion yen (about $50 million) in financing The Phnom Penh City Electricity Transmission and Distribution System Expansion Project. ...
Manoj Mathew
https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/
Rare win for villagers in battle with tycoon
In a rare siding with villagers, government officials earlier this week rejected a proposal by tycoon Kith Meng to develop the area surrounding Boeung Prek Tub lake in Preah Sihanouk town and instead vowed to issue proper land titles to residents. ...