Thais seek business opportunities
More than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities. ...
Sum Manet
http://www.khmertimeskh.com/news/35554/thais-seek-business-opportunities/
PM orders another logo change
Prime Minister Hun Sen yesterday ordered microfinance institute (MFI) Prasac, one of the largest in Cambodia, to change its logo immediately for fear that the public may confuse it as representing the government. ...
Sok Chan
http://www.khmertimeskh.com/news/35753/pm-orders-another-logo-change/
BRED bank to carve out a niche in the market
Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bred-bank-carve-out-niche-market
Potatoes to take root
Cambodia’s eastern Mondulkiri province will become the country’s first hub for potato growing after a successful pilot project, researchers say. ...
Sok Chan
http://www.khmertimeskh.com/news/36153/potatoes-to-take-root/
Draft law on trade remedies adopted
The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in Cambodia from imported products being sold below their cost base. ...
Sok Chan
http://www.khmertimeskh.com/news/36882/draft-law-on-trade-remedies-adopted/
US Naval aid unit pushed out, Embassy says
Amid a widening gulf in U.S.-Cambodia relations, the U.S. Embassy said on Monday that a Navy unit specializing in humanitarian work had been forced to leave the country, imperiling hundreds of thousands of dollars worth of community projects, including the construction of maternity wards and ...
Michael Dickison and Sek Odom
https://www.cambodiadaily.com/news/us-naval-aid-unit-pushed-out-embassy-says-127486/
U.S. To give $6 million to genocide research group
In a statement on Sunday, the Documentation Center of Cambodia (DC-Cam) said the $6 million in additional funding from the U.S. Agency for International Development (USAID) would be paid into an endowment fund that would accrue interest over the next 20 years, eventually bringing in ...
Sun Narin
http://www.voacambodia.com/a/us-to-give-6-million-to-genocide-research-group/3794401.html
Storms to rage until next month
The Ministry of Water Resources and Meteorology has issued another bad weather advisory, warning storms will continue until the start of next month. ...
Mom Kunthear
http://www.khmertimeskh.com/news/37819/storms-to-rage-until-next-month/
No concrete solutions for cement shortage
Despite being home to several cement factories, real estate industry experts say Cambodia’s cement manufacturing sector has yet to fulfill demands of the fast developing building boom. ...
Siv Meng
http://www.phnompenhpost.com/post-property/no-concrete-solutions-cement-shortage
Minister of Information: We tax only stations that rent and use local frequency
After receiving a letter from the Ministry of Economy and Finance on the request to take actions against the Radio Free Asia and the Voice of America located in Cambodia, which have been actively engaged in broadcasting and renting airtime from other radio stations yet ...
Un Rithy
http://www.akp.gov.kh/kh/?p=193541
China seeks rubber imports
China wants to import 300,000 tonnes of rubber from Cambodia by early next year, as the Cambodian government boosts its capacity for direct rubber exports to China. ...
Chea Vannak
http://www.khmertimeskh.com/5081294/china-seeks-rubber-imports/
NBC tests mechanism to link Kingdom’s major banks
The central bank officially held a soft launch last Friday for its central shared switch mechanism, which connects account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem. ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-tests-mechanism-link-kingdoms-major-banks
PM urges unionist not to flee
Prime Minister Hun Sen has assured unionist Vorn Pao that he does not need to fear arrest and flee the country over possible links to an attempted colour revolution by the former opposition CNRP. ...
May Titthara
http://www.khmertimeskh.com/5091090/pm-urges-unionist-not-flee/
Foreign Minister meets counterparts
Foreign Affairs Minister Prak Sokhonn will attend the 13th ASEM Foreign Ministers Meeting in Myanmar today and tomorrow. ...
Cheang Sokha
http://www.khmertimeskh.com/5091117/foreign-minister-meet-counterparts/
Private sector worried over universal wage law
The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...
Robin Spiess
http://www.phnompenhpost.com/business/private-sector-worried-over-universal-wage-law
Irrawaddy dolphins red listed
Cambodia’s beloved Irrawaddy dolphins are facing troubled waters, with the International Union for Conservation of Nature (IUCN) yesterday flagging the riverine mammal as ‘critically endangered’ in an update to its ‘Red List’. ...
Danielle Keeton-Olsen
http://www.phnompenhpost.com/national/irrawaddy-dolphins-red-listed
Big trouble in little China? Exploring Chinese investment in Sihanoukville
The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0
Cambodia to reduce foreign debt
The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, ...
Chea Vannak
http://www.khmertimeskh.com/50102229/cambodia-to-reduce-foreign-debt/
Environment officials target special economic zones
An environment-monitoring working group from the Environment Ministry and the Council for the Development of Cambodia plans to meet with the owners of nearly 50 special economic zones across the country to promote standards on environmental protection and liquid waste management. ...
Pech Sotheary
http://www.khmertimeskh.com/50105456/environment-officials-target-special-economic-zones/
Japanese investment worth $1.6 billion in 2017
With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...
Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/