RCAF officers jailed over university scam
Two officers with the Royal Cambodian Armed Forces were sentenced to one year each in prison for accepting bribes to secure positions for three men in the government’s National Defence University (NDU) in 2013. ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/rcaf-officers-jailed-over-university-scam
Vietnamese tourists released after drone flies near palace
Three Vietnamese tourists were briefly detained on Saturday for flying a drone over the Royal Palace in Phnom Penh, a week after a Hong Kong national was similarly arrested and released without charge for the same offense. ...
Ouch Sony
https://www.cambodiadaily.com/news/vietnamese-tourists-released-after-drone-flies-near-palace-100359/
Tourist numbers in Siem Reap up 9 percent
Siem Reap’s Angkor Sangkranti festival this year was a big success with foreign tourist arrivals up almost nine percent to 29,500 over the four-day holiday from last year, the provincial tourism department said. ...
Chea Vannak
http://www.khmertimeskh.com/news/23870/tourist-numbers-in-siem-reap-up-9-percent/
Demand grows for organic rice
As the demand for organic rice in European and United States markets keeps growing, many local rice millers and exporters are moving quickly and signing contract farming deals to supply them with the premium product. ...
May Kunmakara
http://www.khmertimeskh.com/news/27204/demand-grows-for-organic-rice/
Namhong asks Malaysia to invest in rice mills
Foreign Minister Hor Namhong called for Malaysian businessmen to invest in rice mills and high-quality milling technology during a farewell meeting with the Malaysian ambassador to Cambodia, whose mission in the Kingdom ended yesterday. ...
Ven Rathavong
http://www.khmertimeskh.com/news/23292/namhong-asks-malaysia-to-invest-in-rice-mills/
Stronger SMEs ‘needed to draw investors’
Building the capacity for Small and Medium Sized Enterprises (SMEs) is vital to attracting investors from the EU, where there is a strong appetite for putting money into Cambodia, a senior government official said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/23285/stronger-smes----needed-to-draw-investors---/
Acleda’s first-quarter profits up 21 per cent
ACLEDA Bank announced its first-quarter results for 2016 on Friday, reporting $30.19 million in profit for the quarter, up almost 21 per cent compared to the same period last year. ...
Post Staff
http://www.phnompenhpost.com/business/acledas-first-quarter-profits-21-cent
Beachfront business owners protest impending eviction
Following an order from the government this week for businesses on O’Tres and O’Chheuteal beaches to shut down, about 100 protesters in Phnom Penh on Thursday called for the decision to be overturned. ...
Sek Odom and George Wright
https://www.cambodiadaily.com/news/beachfront-business-owners-protest-impending-eviction-108704/
City governor cautions officials on building codes
Phnom Penh governor Pa Socheatvong on Monday warned local construction and cadastral officials that they would be fired if they failed to ensure that buildings throughout the city are constructed to the size specified in their plans. ...
Kang Sothear
https://www.cambodiadaily.com/news/city-governor-cautions-officials-on-building-codes-94210/
Acleda’s third quarter profit sits at $27.06M
Cambodia’s largest bank Acleda Bank yesterday announced its third quarter results for 2015, reporting $27.06 million in profit for the quarter, up almost 50 per cent as compared to the same period last year. ...
Post Staff
http://www.phnompenhpost.com/business/acledas-third-quarter-profit-sits-2706m
Give farmers a break: PM
Prime Minister Hun Sen yesterday called on banks and microfinance institutions (MFIs) to suspend loan repayments by borrowers affected by this year’s drought, or either make the loans interest free or cut the rates. ...
May Kunmakara
http://www.khmertimeskh.com/news/18453/give-farmers-a-break--pm/
Pigs call first dibs on feed
AGRO-Industrial conglomerate Mong Reththy Group inaugurated its first feed mill on Friday, with the factory’s production line aimed foremost at supplying the group’s industrial pig-rearing operation, a company executive said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/pigs-call-first-dibs-feed
Seaport operator cruises toward IPO
The state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on The Kingdom’s stock market, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/seaport-operator-cruises-toward-ipo
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on The Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
Hun Sen offers more land to Boeng Kak holdout families
Prime Minister Hun Sen, in an attempt to settle an eight-year land dispute, on Tuesday offered additional land in the Boeng Kak lake development to the seven families who had not yet accepted compensation. ...
Sek Odom
https://www.cambodiadaily.com/news/hun-sen-offers-more-land-to-boeng-kak-holdout-families-133914/
Police raid wood workshop hidden in forest
Kampong Thom provincial police raided a wood workshop hidden in the forest in Sandan district on Sunday morning. District police chief Oung Maly said the workshop was built illegally and had no licence for operation. ...
Pav Suy
http://www.khmertimeskh.com/50106692/police-raid-wood-workshop-hidden-forest/
Japan firm eyes stake in local MFI Chamroeun
Cambodian microfinance institution (MFI) Chamroeun Microfinance Plc is negotiating with Japanese firm Renet Japan Group to sell a 90 percent stake in the MFI to the Japanese used goods dealer, according to Nikkei Asian Review. ...
Post Staff
http://www.phnompenhpost.com/business/japan-firm-eyes-stake-local-mfi-chamroeun
Locals raising funds for wildlife watering holes
A Kampong Speu community is looking to raise money to build three watering holes for wildlife, especially the endangered banteng, for the upcoming hot season after a nearby sugarcane plantation allegedly filled in existing streams. ...
Phak Seangly
http://www.phnompenhpost.com/national/locals-raising-funds-wildlife-watering-holes
Court plans to probe Mondulkiri logging claims
The Mondulkiri Provincial Court is preparing to investigate accusations that Cambodian border officials last month knowingly allowed seven Vietnamese loggers to illegally fell trees in The Keo Seima Wildlife Sanctuary, a court official said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/court-plans-probe-mondulkiri-logging-claims
CNRP drops contentious slogan
After claiming for weeks that a controversial party slogan was not actually official, the opposition Cambodia National Rescue Party decided to remove the phrase from its official party platform yesterday in an attempt at “reconciliation”. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-drops-contentious-slogan