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Ministry to streamline ID process

Minister of Interior Sar Kheng has sent a new set of procedures to local authorities aimed at speeding up the sluggish process of issuing new IDs. ...

Vong Sokheng
http://www.phnompenhpost.com/national/ministry-streamline-id-process

Medical body seeks malpractice protections

The Medical Council of Cambodia and the Ministry of Health are working on a draft law that would force malpractice complaints to go through the council before they make it to a courtroom, an MCC official said yesterday. ...

Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/medical-body-seeks-malpractice-protections

Customs revenue up by 30 pct in first quarter

Revenue from customs duties and excise tax grew by around 30 per cent to $472 million during the first quarter of the year ...

Post Staff
http://www.phnompenhpost.com/business/customs-revenue-30-pct-first-quarter

Nuclear power plant planned

The Cambodian and Russian governments have signed several Memorandums of Understanding (MoU) to help build a nuclear power plant in the Kingdom, despite previous statements saying the opposite and with no timeline as to when such a plant would be built, according to the Ministry ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/25333/nuclear-power-plant-planned/

Residents assemble after land dispute

About 10 residents of Kandal province’s Mok Kampol district gathered in front of the Ministry of Land Management, Urban Planning and Construction yesterday morning to ask for intervention from officials in an ongoing land dispute. ...

Mom Kunthear
http://www.khmertimeskh.com/news/27369/residents-assemble-after-land-dispute/

Tonle Sap wetland on the brink of a crisis

In a statement last week, the International Union for the Conservation of Nature identified ongoing fires in flooded forests as a major threat to the Tonle Sap lake. ...

Alessandro Marazzi Sassoon
http://m.phnompenhpost.com/national/tonle-sap-wetland-brink-crisis?utm_content=buffer27079&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

Derivatives licences handed out

Cambodia’s capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally regulate the inherently risky financial instrument and provide investors with more options to earn profits.   ...

Kali Kotoski
http://www.phnompenhpost.com/business/derivatives-licences-handed-out

PM meets china’s Xi, receives $150m grant

Prime Minister Hun Sen met with Chinese President Xi Jinping in Beijing on Thursday to receive a grant worth more than $150 million, the majority of which will go toward the construction of a massive sports and entertainment complex in Phnom Penh, a sen­ior official ...

Kuch Naren and Khy Sovuthy
https://www.cambodiadaily.com/news/pm-meets-chinas-xi-receives-150m-grant-97440/

Cambodia gets about 320 mln USD investment from ASEAN last year

Cambodia attracted the fixed asset investment of 319.4 million U.S. dollars from its ASEAN member states in 2015, up 56 percent from a year earlier, according to a government report on Tuesday. ...

Song Miou
http://news.xinhuanet.com/english/2016-02/02/c_135068319.htm

Federation sees opening on digital path

Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...

Sum Manet
http://www.khmertimeskh.com/news/24307/federation-sees-opening-on-digital-path/

Central Bank to put focus on MFIs

“The Microfinance Sector in Cambodia: Opportunities and Risks” is an attempt to get a wider view and deeper insight from various researchers on fostering a robust, stable and sustainable microfinance sector, the National Bank of Cambodia (NBC) said in a statement yesterday.   ...

May Kunmakara
http://www.khmertimeskh.com/news/24373/central-bank-to-put-focus-on-mfis/

Salt imports spoil market

Though the Kingdom’s existing salt farms in Kampot and Kep produce enough salt to support domestic consumption, industry experts, however, are worried that a flood of the vital commodity from neighboring countries will spoil the market for Cambodian producers. ...

Chea Vannak
http://www.khmertimeskh.com/news/27907/salt-imports-spoil-market/

China urged to fund mining school

The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...

May Kunmakara
http://www.khmertimeskh.com/news/28625/china-urged-to-fund-mining-school/

On Israeli farms, Cambodians study and sweat

For the past 11 months, Seng Nhel lived on a kibbutz in Israel, studying horticulture and working 45 hours a week on a farm growing fruits and vegetables for agro-industry giant Mehadrin. ...

Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/on-israeli-farms-cambodians-study-and-sweat-94321/

Hun Sen talks poverty

Prime Minister Hun Sen has outlined Cambodia’s strategy for tackling poverty in a keynote speech to a United Nations forum in Beijing marking the 2015 International Day for Eradication of Poverty.Addressing the gathering of leaders on Friday, the premier lauded the 1 billion people brought ...

Zoe Holman
http://www.phnompenhpost.com/national/hun-sen-talks-poverty

Rice, garment sectors push exports into record territory

Cambodian exports grew by 17 per cent last year, driven by increases in shipments of rice and footwear, with garment export growth easing to a little under 7 per cent, according to a new Ministry of Commerce report. ...

Ananth Baliga
http://www.phnompenhpost.com/business/rice-garment-sectors-push-exports-record-territory

IDs are not ‘sufficient guarantee’ for loans

Cambodia’s central bank has asked all financial institutions, especially rural lenders, to refrain from accepting personal identity cards, residential records and family books as a guarantee while giving out loans to consumers.   ...

Sor Chandara
http://www.phnompenhpost.com/business/ids-are-not-sufficient-guarantee-loans

Factory precautions urged as temps rise

The Ministry of Labour has urged the garment industry to take adequate health and safety measures to compensate for what they say is already an unusually hot dry season. ...

Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/factory-precautions-urged-temps-rise

Phnom Penh to get new $23 million domestic airport terminal

A Malaysian company will begin construction on a new domestic terminal at Phnom Penh International Airport soon, at a cost of about $23 million, the firm announced in a filing to the Malaysian stock exchange on Wednesday. ...

Kang Sothear and Peter Ford
https://www.cambodiadaily.com/news/phnom-penh-to-get-new-23m-domestic-airport-terminal-111342/

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