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Record year for arbitral cases

The independent dispute resolution body established to help workers and employers in Cambodia resolve labor disputes had its busiest year ever in 2014. ...

Cam McGrath
http://www.khmertimeskh.com/news/12605/record-year-for-arbitral-cases/

Assembly president won’t postpone border demarcation

National Assembly President Heng Samrin has refused a request from opposition lawmakers to suspend border demarcation through the 2018 national elections. ...

Hul Reaksmey
http://www.voacambodia.com/content/assembly-president-wont-postpone-border-demarcation/2862812.html

Solar tuk-tuks rolling out soon

Star 8 Asia will launch its electric-powered tuk-tuk showroom on August 28, hoping for robust demand from the city’s drivers. ...

Igor Kossov and Va Sonyka
http://www.khmertimeskh.com/news/14288/solar-tuk-tuks-rolling-out-soon/

Anco Bros pays out promoters

Eight former “promotion girls” for Budweiser were compensated by the Anco Brothers Company yesterday after being laid off without any severance. ...

Pech Sotheary
http://www.phnompenhpost.com/national/anco-bros-pays-out-promoters

PRASAC takes $2m loan from Dutch firm

PRASAC Microfinance Institution, Cambodia’s biggest MFI by outstanding loans, has received a US$2 million loan from the Netherlands Development Finance Company ...

http://www.phnompenhpost.com/index.php/2012031955101/Business/prasac-takes-2m-loan-from-dutch-firm.html

Accounting, Auditing Crucial in Development, Experts Say

Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

Im Sothearith
http://www.voacambodia.com/content/accounting-auditing-crucial-in-development-experts-say/1793321.html

US stance a ‘positive move in building trust and confidence’

Comments made by US Ambassador to Cambodia, Patrick Murphy, that his country is not pursuing regime change in the Kingdom is an “important message” for efforts to restore relationships between the two nations. ...

Ben Sokhean
https://www.khmertimeskh.com/50698241/us-stance-a-positive-move-in-building-trust-and-confidence

Commune hopefuls to get their 15 minutes

The National Election Committee on Saturday announced new guidelines for The June commune elections, granting all 12 registered parties equal airtime on government-run broadcaster TVK. ...

Lay Samean
http://www.phnompenhpost.com/national/commune-hopefuls-get-their-15-minutes

Multiple suspects arrested over grenade attack, but police offer few details

Police have arrested at least five suspects over the past two days in connection to agrenade attack that rattled a Phnom Penh neighbourhood two weeks ago, injuring four people, but officials yesterday remained tight-lipped as to the suspects’ identities and motives. ...

Mech Dara and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/multiple-suspects-arrested-over-grenade-attack-police-offer-few-details

Slight increase in 2020 forest crime cases

The Forestry Administration said yesterday that forestry crime, mostly timber and wildlife, has increased 19 percent in 2020 compared to The same period in 2019. ...

Tith Kongnov
https://www.khmertimeskh.com/50793602/slight-increase-in-2020-forest-crime-cases/

Japan to give B1.3 bn vaccine aid to Cambodia, Thailand and 23 other Asian nations

Japan will provide 4.5 billion yen (about 1.3 billion baht) grant aid through an international organisation to 25 countries in Asia and the Pacific Islands region to help them build a cold-chain distribution network for Covid-19 vaccines, the Foreign Ministry said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50822804/japan-to-give-b1-3-bn-vaccine-aid-to-cambodia-thailand-and-23-other-asian-nations/

26 families along Sangke River given land concessions with mixed response

Families living along the Sangke River have been asked by authorities to move to a new location due to plans to develop the area. Battambang provincial deputy governor Soeum Bunrithy said in a press conference yesterday that currently, there is a project to develop Sangke ...

Buth Sela
https://www.khmertimeskh.com/50806926/26-families-along-sangke-river-given-land-concessions-with-mixed-response/

Indebted oil company reports lower-than-expected oil at Cambodian block

KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...

Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/

Six MDIs ideal for financial progress: experts

The central bank’s decision to stop issuing new business licences to microfinance deposit-taking institutions (MDI) and encourage mergers among existing banking and financial institutions is a viable strategy that will help strengThen The Cambodian financial sector and is in line with current economic growth trends, ...

Hin Pisei
https://www.phnompenhpost.com/business/six-mdis-ideal-financial-progress-experts

Five river port terminals due by November: minister

The TS11 multi-purpose port terminal on The Tonle Sap River in norThern Phnom Penh is 85 per cent complete and is on track to be launched on July 1, with four more terminals to be opened by November, according to transport minister Sun Chanthol on ...

Nov Sivutha
https://www.phnompenhpost.com/business/five-river-port-terminals-due-november-minister

NEC: 160,000 applications for election observer status

The National Election Committee (NEC) has received about 160,000 applications – including more than 70,000 from organisations, over 70 from associations, more than 80,000 from 17 political parties, and special guests from three institutions – to observe The June 5 commune council elections.   ...

Nov Sivutha
https://www.phnompenhpost.com/national/nec-160000-applications-election-observer-status

Cambodia gets ADB’s helping hand in transition to cleaner energy

Cambodia’s demand for electricity is increasing each year and the country is not only committed to sustaining their economic competitiveness and growth but also is eager to reduce its carbon dioxide emissions in the energy sector by 16% by 2030 as it transitions to cleaner ...

Khmer Times Staff
https://www.khmertimeskh.com/501167822/cambodia-gets-adbs-helping-hand-in-transition-to-cleaner-energy/

PM asks VN to nab, extradite ‘criminal’

Prime Minister Hun Sen has publicly requested that Vietnam detain a “criminal” individual, should he attempt to enter the neighbouring country. Although he did not use the individual’s name, some analysts understood that he may have been referring to self-exiled former opposition leader Sam Rainsy. ...

Sok Raksa
https://www.phnompenhpost.com/national-politics/pm-asks-vn-nab-extradite-criminal

ODC provides data literacy training for journalists

The four-day Data Literacy Training for Journalists on Social Accountability has successfully finished, with Open Development Cambodia (ODC) grateful for active engagement from participants, and hopes They can use The knowledge and skills gained for Their professional and personal development. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-odc-provides-data-literacy-training-for-journalists

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