Vietnamese charged with illegal logging
The Mondolkiri Provincial Court on Tuesday charged 15 Vietnamese nationals with illegally crossing the border and logging protected forest, four days after the group was detained by members of the ethnic Bunong minority in a community forest 20 km from the border. Ya Narin, director of ...
Ben Sokhean
http://www.cambodiadaily.com/news/vietnamese-charged-with-illegal-logging-53975/
Cambodian Public Bank offers loan repayment deals during COVID-19
Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/
National Career and Productivity Fair 2023 to offer over 20,000 vacancies
The National Career and Productivity Fair 2023, scheduled for Nov. 10 and 11, will offer more than 20,000 vacancies for potential young people and interested workers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379769/national-career-and-productivity-fair-2023-to-offer-over-20000-vacancies/
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html
UNDP push for gov’t bonds as investors request good returns
The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to unDerpin the government’s effort on De-dollarisation and protect the economy against external shocks. ...
Harrison White
https://www.khmertimeskh.com/50786840/undp-push-for-govt-bonds-as-investors-request-good-returns/
Foreign ministry official meets with OIF delegate
Senior officials from the Ministry of Foreign Affairs and International Cooperation and the Organisation Internationale de la Francophonie (OIF) for Asia-Pacific met for talks on regional issues and the development of human rights and democracy in Cambodia. ...
Post Staff
https://www.phnompenhpost.com/national/foreign-ministry-official-meets-oif-delegate
Kampong Speu disputants ‘pressured’ to take sugar firm deal
Despite earlier statements by company representatives that $500 compensation packages being offered to land disputants at Ly Yong Phat’s Kampong Speu economic land concession (ELC) were negotiable, attenDees of a meeting between company representatives and resiDents yesterday said they felt pressured to take the offer. ...
Chhay Channyda
http://www.phnompenhpost.com/national/kampong-speu-disputants-pressured-take-sugar-firm-deal
Cambodia will spend $67 million finance to restore infrastructure from last year flood damage
ADB (Asian development bank) pledged to offer $55 million loan for infrastructure restoration from flood damage last year in Cambodia. At the same time, AusAid also offered 5.25 million US dollars, and the Cambodian government will spend 6.39 million US dollars for the whole infrastructure ...
Thai tourism threatened by coup; effect on Cambodia uncertain
Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...
Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/thai-tourism-threatened-by-coup-effect-on-cambodia-uncertain-59558/
What did Suu Kyi’s first Cambodia visit achieve?
Last week, Myanmar’s de facto leader and State Counselor Aung San Suu Kyi paid her first visit to Cambodia in her current capacity. The trip spotlighted the ongoing state of ties between the two fellow Southeast Asian states amid wider domestic and foreign policy developments. Cambodia ...
Prashanth Parameswaran
https://thediplomat.com/2019/05/what-did-suu-kyis-first-cambodia-visit-achieve/
EU offers grant for Kingdom’s Covid-19 fight
EU Ambassador to Cambodia Carmen Moreno applauded the country’s efforts to control the Covid-19 crisis and said the EU is transferring a €56 million ($66.7 million) grant to help restore the economy, said a Ministry of Economy and Finance press release. ...
Niem Chheng
https://www.phnompenhpost.com/national/eu-offers-grant-kingdoms-covid-19-fight
Displaced residents of land for new airport offered land swap
Kandal provincial governor Kong Sophorn told Khmer Times yesterday that 11 families who don’t want to accept a cash settlement for their land within the construction area of the new international airport can choose a “land swap” instead. ...
Son Minea
https://www.khmertimeskh.com/50924006/displaced-residents-of-land-for-new-airport-offered-land-swap/
Prime minister says VOD shutdown strengthens journalism, offers reporters government jobs
Despite a wave of international concern over the shutdown of inDepenDent media Voice of Democracy (VOD), Prime Minister Hun Sen said that the outlet’s license will not be restored and offered VOD reporters government jobs instead in a Facebook post Tuesday. ...
Khuon Narim
https://cambojanews.com/prime-minister-says-vod-shutdown-strengthens-journalism-offers-reporters-government-jobs/
UDG to pay for damaged crops
A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops Destroyed by the company in January. Negotiations are also unDer way with the one family ...
Pech Sotheary
https://www.khmertimeskh.com/50500685/udg-to-pay-for-damaged-crops/
Port IPO road show kicks off
On course to become the third listed company on Cambodia’s stock exchange, Phnom Penh Autonomous Port (PPAP) kicked off a road show for its initial public offering (IPO) yesterday to prospective investors.PPAP, the state enterprise that operates Cambodia’s second-largest port, is seeking to raise up ...
Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-road-show-kicks
Ocean settles as other worker strikes gain steam
Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...
Sek Odom
http://www.cambodiadaily.com/news/ocean-settles-as-other-worker-strikes-gain-steam-64619/
Bank gets $50M loan for SMEs, businesswomen
Sathapana Bank Plc received a $50 million loan from Proparco, a subsidiary of Agence Francaise de developpement (AFD) to increase lending by the bank to small and medium-sized enterprises (SMEs) and women entrepreneurs in Cambodia. ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-gets-50m-loan-smes-businesswomen
AFD lends a hand in energy-transition
Agence Francaise de developpement (AFD) has granted €300,000 to the Kingdom of Cambodia to draw up a model of energy-transition scenarios to 2050, the French development agency revealed in a statement published on April 1. ...
Thou Vireak
https://www.phnompenhpost.com/business/afd-lends-hand-energy-transition
Hun Sen meets with UN envoy Heyzer on Myanmar
The UN and ASEAN special envoys to Myanmar, and the Southeast Asian bloc’s chair have all pledged to work together on the emergency de-escalation of violence in the crisis-stricken nation and for the provision of humanitarian aid to its people. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/hun-sen-meets-un-envoy-heyzer-myanmar
Israel-Palestine conflict: Cambodia calls for utmost restraint
Cambodia’s Ministry of Foreign Affairs and International Cooperation on Oct. 8 issued a statement over the Israel-Palestine conflict, calling upon all parties to exercise utmost restraint and seek avenues for de-escalation and ceasefire. ...
Khmer Times Staff
https://www.khmertimeskh.com/501373395/israel-palestine-conflict-cambodia-calls-for-utmost-restraint/