Group Lease sees spike in Cambodian income
Thai financing firm Group Lease Plc posted a record-high 222.17 million baht ($6.3 million) net profit from its operations in the first quarter of the year, a 101.5 per cent increase from the same period a year earlier, driven by improvements in its Thai operations ...
Post Staff
http://www.phnompenhpost.com/business/group-lease-sees-spike-cambodian-income
Observers see Cambodia’s democracy in retreat
Political intimidation, the suppression of political expression and restrictions on freedom of assembly have Cambodia’s young democracy under threat, observers in the country say. ...
Dy Khamboly
http://www.voacambodia.com/a/observers-see-cambodia-democracy-in-retreat/3343728.html
Malaysian businessmen urged to invest in Cambodia
The President of the Cambodia Chamber of Commerce (CCC), a leading organization representing the private sector in the Kingdom, has urged Malaysian investors and businessmen to invest in and do business with Cambodia to forge a stronger relationship between the two Asean states. ...
May Kunmakara
http://www.khmertimeskh.com/news/25770/malaysian-businessmen-urged-to-invest-in-cambodia/
Over 100 explosives cleared out in Kandal
Government deminers on Saturday successfully cleared more than 100 US-made cluster bomblets from a rice field in Kandal province’s Muk Kampoul district, according to the Cambodian Mine Action Centre (CMAC). ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/over-100-explosives-cleared-out-kandal
Publisher says officials involved in illegal timber
A local newspaper publisher has appealed directly to Prime Minister Hun Sen for help after provincial officials allegedly crashed into his car and threatened him in order to hide timber smuggling activities. ...
Phak Seangly
http://www.phnompenhpost.com/national/publisher-says-officials-involved-illegal-timber
Ethnic forest patrol ambushed in Preah Vihear
Four members of a forest patrol were ambushed in Preah Vihear’s Cheam Pen community forest on Tuesday afternoon, according to deputy forest chief Ros Lim. ...
Phak Seangly
http://www.phnompenhpost.com/national/ethnic-forest-patrol-ambushed-preah-vihear
Fatal bridge accident in Kandal prompts inquiry
Cambodian government officials have opened an investigation into accusations that Hanshin, a Korean construction company, breached contract by failing to follow safety regulations after two brothers were killed when they drove off an unfinished bridge in a Hanshin construction zone last week. ...
Kong Meta and Andrew Nachemson
http://www.phnompenhpost.com/national/fatal-bridge-accident-kandal-prompts-inquiry
PPSP reports decline in revenue, net profit
Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed In May, released its audited 2015 annual report and 2016 half-year fInancials yesterday, reportIng declInes In revenue and net profit over the past 18 months on slower ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsp-reports-decline-revenue-net-profit
Whistleblower law in the works, ACU says
The Anti-Corruption Unit has announced the drafting of new laws on whistleblowing and witness protection to safeguard those calling out crime and extortion at the highest levels.The ACU in November 2014 unveiled plans for specific whistleblower legislation, but according to ACU president Om Yentieng, the ...
Chhay Channyda and Zoe Holman
http://www.phnompenhpost.com/national/whistleblower-law-works-acu-says
Compromise remains elusive in minimum wage negotiations
Factory and union representatives remain as far apart as ever over where to set next year’s minimum wage for garment workers, now at $128 per month, after hours of heated negotiations Wednesday and a vote that seemed to settle nothing. ...
Mech Dara
https://www.cambodiadaily.com/news/compromise-remains-elusive-in-minimum-wage-negotiations-96839/
Controversial Facebook internet service launched in Cambodia
A controversial Facebook platform that offers users free Internet —but a limited choice of websites and apps—was launched In Phnom Penh on Thursday In cooperation with mobile operator Smart Axiata, its CEO said on Friday. ...
George Wright
https://www.cambodiadaily.com/news/controversial-facebook-internet-service-launched-in-cambodia-97093/
Hungarian commercial office to open in capital
Hungarian businesses are keeping their eyes on Cambodia for investment, said László Kövér, speaker of the National Assembly of Hungary, during an official visit to the Kingdom. ...
Ven Rathavong
http://www.khmertimeskh.com/news/17449//
Cambodian competitiveness ranks low in global market
As Asean heads toward greater economic integration, Cambodia remains one of the least competitive countries in the world.A country is competitive when it can attract investment and sell and supply goods and services for export at an accelerating rate. According to the World Economic Forum ...
Ten Soksreinith
http://www.voacambodia.com/content/cambodian-competitiveness-ranks-low-in-global-market/3050170.html
OPIC plans more investment in Cambodian MFIs
A US government finance institution plans to inject more capital into Cambodia’s businesses, forecasting rapid growth in small business and microfinance institutions around the country. The development finance institution Overseas Private investment Corporation (OPIC) is looking to invest in Cambodia’s small and medium enterprises (SMEs) ...
Sok Chan
http://www.khmertimeskh.com/news/17866/opic-plans-more-investment-in-cambodian-mfis/
CNRP get their say in National Assembly
The position of National Assembly spokesman will no longer be held exclusively by the ruling Cambodian People’s Party, with the role to be split in three, allowing for two partisan representatives and one from the parliament’s secretariat. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-get-their-say-national-assembly
Long An supports the poor in Cambodia
A delegation from the Mekong Delta province of Long An gave out 300 gifts for needy people, both overseas Vietnamese and Cambodians, in Cambodia’s capital city of Phnom Penh yesterday. ...
Viet Nam News Staff
http://vietnamnews.vn/society/279417/long-an-supports-the-poor-in-cambodia.html
Indian firms urged to invest in Kingdom
Cambodian officials and private sector representatives met a visiting indian business delegation yesterday to pitch for more indian investment in the country and to explore ways of increasing the relatively low level of bilateral trade and investment. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/indian-firms-urged-invest-kingdom
CCTV network goes live in capital: police
Some 200 surveillance cameras installed at Phnom Penh’s traffic lights were switched on for the first time yesterday, the National Police and Ministry of interior announced. ...
Pech Sotheary
http://www.phnompenhpost.com/national/cctv-network-goes-live-capital-police