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NBC: Cambodia’s economy to grow by 6.9% in 2015

The projection of National Bank of Cambodia (NBC) on the country’s economic growth this year is slightly lower than that of the Asian Development Bank (ADB), according to the State News Agency-AKP.   ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/nbc:-cambodia%E2%80%99s-economy-to-grow-by-69-in-2015-9001

Cables detail China-VN strains in ’75 Cambodia

The seeds of China and Vietnam’s bloody rivalry for influence in Cambodia were already apparent to foreign observers in the weeks and months after the April 1975 fall of Phnom Penh, Australian diplomatic cables given last month to the Documentation Center of Cambodia (DC-Cam) show. ...

Alex Willemyns
https://www.cambodiadaily.com/news/cables-detail-china-vn-strains-in-1975-cambodia-96361/

New scrutiny for centres

Unlicensed orphanages have six months to register with the government under new legislation that also strictly defines the circumstances under which children can live at such facilities.The sub-decree “management on children care centres” signed by Prime Minister Hun Sen on September 11 sets out nine ...

Chhay Channyda
http://www.phnompenhpost.com/national/new-scrutiny-centres

Small time landowners tricked into buying difficult plots

To maximise profits by reselling undeveloped land, some questionable local investors buy large plots of land, split it up into smaller units and sell it on to buyers who believe they will be able to build their own homes on them. Unwittingly, these buyers often ...

Siv Meng
http://www.phnompenhpost.com/real-estate/small-time-landowners-tricked-buying-difficult-plots

Jobs plentiful, but wages low for Kingdom’s youth

While unemployment rates are low among Cambodian youths, their jobs are largely poorly paid and informal, providing them with just enough money to survive on, according to a recent report.The report, released on Sunday by youth NGO the Youth Resource Development Program (YRDP) and the ...

Sen David
http://www.phnompenhpost.com/national/jobs-plentiful-wages-low-kingdoms-youth

AirAsia emergency landing blamed on ‘bird strike’

Aviation officials say a “bird strike” forced an AirAsia jet that took off from Phnom Penh International Airport yesterday morning at 8:35 am to return for an emergency landing. ...

Taing Vida
http://www.khmertimeskh.com/news/19226/airasia-emergency-landing-blamed-on----bird-strike---/

Labor advocate launches NGO to unite unions

In the tumultuous lead-up to and aftermath of the 2013 national election, when tens of thousands of people turned out for rallies and marches across the country, it was easy to think that those calling for change were speaking with one voice.But Moeun Tola and ...

Zsombor Peter
https://www.cambodiadaily.com/news/labor-advocate-launches-ngo-to-unite-unions-104171/

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

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/

Alcohol a risk for sex workers, study finds

Both Cambodian women engaging in sex work and their male clients engage in unhealthy alcohol use, according to the findings of a soon-to-be-published study.   ...

Jack Davies and Chhay Channyda
http://www.phnompenhpost.com/national/alcohol-risk-sex-workers-study-finds

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/

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