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More than 100 faint at Kandal toy factory

Nearly 120 workers at a Kandal province toy factory fainted yesterday morning, with officials citing a nearby farmer spraying his fields with pesticide as the cause.​ ...

Mom Kunthear
http://www.phnompenhpost.com/national/more-100-faint-kandal-toy-factory

Gov't touts internet record despite telecom bill concerns

Government officials defended the Kingdom’s record on internet freedom yesterday, despite concerns that recent and proposed legislation could curtail the rights of those speaking out online. ...

Charles Rollet
http://www.phnompenhpost.com/national/govt-touts-internet-record-despite-telecom-bill-concerns

Credit hunger still voracious

In its 10th year, Cambodia’s growing microfinance sector has seen stellar credit and deposit growth. But concerns remain over this speed of credit growth in the sector, as well as the rise in unlicensed lenders operating in rural areas. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/credit-hunger-still-voracious

Acleda e-commerce hits $500,000 a month

Acleda Bank Plc., the country’s largest commercial bank by branches, has seen rapid growth in online transactions – now about $500,000 a month – since it launched its e-commerce payment gateway late last year, a senior executive at the bank said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/24022/acleda-e-commerce-hits--500-000-a-month/

KB Financial Group unveils Global Digital Banking service in Cambodia

The KB Global Digital Bank is a rechargeable wallet-based mobile banking service which combines both financial services, such as account, wire transfer, overseas remittance and P2P payment, and non-financial services like messaging. ...

Jung Suk-yee
http://www.businesskorea.co.kr/english/news/money/14961-fintech-roadshow-kb-financial-group-unveils-global-digital-banking-service-cambodia

After many false starts, first timber auction goes ahead

The government on Monday auctioned off the first lot of timber from roughly 70,000 cubic meters of illegally logged wood seized by authorities earlier this year, after a lack of interest forced more than a month of cancellations. ...

Aun Pheap
https://www.cambodiadaily.com/second2/many-false-starts-first-timber-auction-goes-ahead-116434/

Kratie villagers, soldiers in land row

Six families in Kratie have accused military officers of stealing 20 hectares of their land, destroying their crops and threatening them with rifles.​ ...

Phak Seangly
http://www.phnompenhpost.com/national/kratie-villagers-soldiers-land-row

Young garment worker faints on shift, dies later

The Ministry of Labour is investigating the death of a 19-year-old female garment worker who fainted at a factory in Prey Veng on Thursday. ...

Chhay Channyda
http://www.phnompenhpost.com/post-weekend/young-garment-worker-faints-shift-dies-later

Two security guards shot outside Phnom Penh nightclub

Two nightclub security guards have been hospitalized with bullet wounds after a drunken reveler shot them with an AR-15 rifle in front of the Manhattan Cafe club in central Phnom Penh in the early hours of on Monday morning, military police officials said. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/two-security-guards-shot-outside-phnom-penh-nightclub-105052/

Vinamilk keeps stake in Angkor dairy plant

Vietnamese dairy giant Vinamilk has appointed Angkor Dairy Products Co Ltd as the official distributor of Vinamilk products in Cambodia following the closure of its local representative office last month. ...

Sor Chandara
http://www.phnompenhpost.com/business/vinamilk-keeps-stake-angkor-dairy-plant

Cambodia heaps praise on U.S.-Vietnam climate accord

Officials and environmentalists have congratulated Vietnam and the United States on a recent climate changed agreement signed between the two former adversaries, saying the co-operation will have a positive impact on mitigating the effects of the phenomenon in the region. ...

Phorn Bopha
http://www.voacambodia.com/a/cambodia-heaps-praise-on-us-vietnam-climate-accord/3347270.html

Japan confirms NEC funding

Japan will continue funding the National Election Committee (NEC) ahead of the upcoming commune and national elections, despite growing international concern over Cambodia’s deteriorating political climate. ...

Taing Vida
http://www.khmertimeskh.com/news/26900/japan-confirms-nec-funding/

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/

Krungsri expects more growth from Cambodian MFI

Thailand’s Bank of Ayudhya released its first financial statement since completing its acquisition of Cambodian microlender Hattha Kaksekar Ltd (HKL) last month, showing a quarterly net profit increase of 10.6 percent from a year earlier. ...

Kali Kotoski
http://www.phnompenhpost.com/business/krungsri-expects-more-growth-cambodian-mfi

Number of overloaded trucks fall after fines

The Ministry of Transport collected more than three hundred million riel ($75,000) last month in the form of fines on more than 140 overloaded trucks.​   ...

Pav Suy
http://www.khmertimeskh.com/news/37286/number-of-overloaded-trucks-fall-after-fines/

Nine parties face closure

The Interior Ministry has filed a Supreme Court complaint requesting the dissolution of nine political parties accused of flouting their obligations under the Law on Political Parties. ...

Mom Sophon
http://www.khmertimeskh.com/5080574/nine-parties-face-closure/

RDB closes bidding on rice storage facilities

The state-run Rural Development Bank (RDB) received a total of 10 proposals from Cambodian agricultural firms expressing interest in developing rice storage and drying facilities across three provinces using government-backed low-interest loans, a bank official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rdb-closes-bidding-rice-storage-facilities

โ€˜No impactโ€™ on fish from major hydropower projects, PM claims

Prime Minister Hun Sen on Monday claimed that there had been no downstream impact on fish stocks as a result of the construction of the Don Sahong hydropower dam in Laos. ...

Sun Narin
https://www.voacambodia.com/a/no-impact-on-fish-from-major-hydropower-projects-pm-claims/4045015.html

Fisheries earnings scaled up

Earnings in the fishing sector rose by 62 percent during the first nine months of the year. However, growth in exports of inland fish as well as in marine production was flat during the January-September period compared with the same period in 2016. ...

Chea Vannak
http://www.khmertimeskh.com/5087445/fisheries-earnings-scaled/

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