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SRP leader slams Sam Rainsy over senator’s mandate

Sam Rainsy Party (SRP) leader Kong Korm has rebuked the party’s former leader and namesake Sam Rainsy for annulling a decision to replace Senator Thak Lany midway through her term. ...

Kuch Naren
https://www.cambodiadaily.com/news/srp-leader-slams-sam-rainsy-over-senators-mandate-80675/

CNRP members want lawmaker sanctioned

About 25 CNRP members from Svay Rieng province traveled to Phnom Penh on Thursday to demand that opposition lawmaker Kong Sophea be removed from the party’s provincial working group for promoting his friends, but left empty-handed. ...

Mech Dara
https://www.cambodiadaily.com/news/cnrp-members-want-lawmaker-sanctioned-87251/

NGO law set to pass senate this week

The contentious law on associations and NGOs will likely pass the Senate this week, after it is reviewed tomorrow and Wednesday opposition Cambodia National Rescue Party (CNRP) senator Kong Korm said yesterday. ...

Muny Sithyna and Vincent MacIsaac
http://www.khmertimeskh.com/news/13459/ngo-law-set-to-pass-senate-this-week/

Few affordable options amid property boom

“The Most Luxurious Home in Phnom Penh,” the placard reads, behind a glowing architectural model of Sky 31, one of the city’s many high-end condominiums under construction. ...

James Reddick and Igor Kossov
http://www.khmertimeskh.com/news/14718/few-affordable-options-amid-property-boom/

To stop leaks, exam papers to be given to only one teacher

Copies of grade 12 examination papers will only be provided to a single teacher for each subject this year in order to identify the source of leaks, said Education Minister Hang Chuon Naron during a speech on Saturday. Mr. Naron, speaking at the American University of ...

Ben Sokhean
http://www.cambodiadaily.com/news/to-stop-leaks-exam-papers-to-be-given-to-only-one-teacher-59555/

Court demands senator’s laptop

The Phnom Penh Municipal Court has ordered jailed opposition Senator Hong Sok Hour and his defence lawyer to provide the imprisoned senator’s laptop as evidence to the court before 30 October. ...

Chhay Channyda
http://www.phnompenhpost.com/national/court-demands-senators-laptop

Palm sugar production down but prices up

Kampong Speu palm sugar production is predicted to slightly decrease this year due to a late start, climate change, water shortages and working capital for farmers, but prices are expected to rise due to the sugar’s growing popularity since its geographical indication certification. ...

Sok Chan
http://www.khmertimeskh.com/news/23186/palm-sugar-production-down-but-prices-up/

Tax collection goes up by 21.6 percent

The government’s tax revenue collection rose to about 21.6 percent in the first five months of this year, compared with the same period last year, with some $708.2 million filling state coffers, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT). ...

Sok Chan
http://www.khmertimeskh.com/news/26024/tax-collection-goes-up-by-21-6-percent/

Two more banks setting up shop

The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...

http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Revenues Down at Pailin’s Dreamworld Casino

U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...

http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/

CNRP lawmaker says use of larger maps unconstitutional

Opposition CNRP lawmaker Um Sam An on Tuesday criticized Prime Minister Hun Sen’s admission last week that the CPP government has not been using the maps that are mandated by the Constitution for its demarcation of Cambodia’s border with Vietnam. ...

Kuch Naren
https://www.cambodiadaily.com/news/cnrp-lawmaker-says-use-of-larger-maps-unconstitutional-94341/

Major Gap Emerging Between Labor Market and Job Seekers

PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...

http://www.voacambodia.com/content/major-gap-emerging-between-labor-market-and-job-seekers/1557639.html

Government denies Koh Kong Chinese naval base ‘rumour’

Two ministries have denied plans for a Chinese naval base in Cambodia and that the Kingdom is caught in the middle of US-China “cold war”. In a press release on Saturday, a Ministry of National Defence spokesperson called the spread of information about a naval ...

Niem Chheng
https://www.phnompenhpost.com/national/government-denies-koh-kong-chinese-naval-base-rumour

NA commission calls ministers over Bokor

The National Assembly’s Seventh Commission, which oversees tourism and culture, summoned four government ministers to answer questions yesterday regarding the development and future of Kampot province’s Bokor Mountain. ...

Taing Vida
http://www.phnompenhpost.com/na-commission-calls-ministers-over-bokor

Construction raking in cash

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash

Gov’t forms OCA committee

Thailand and Cambodia are edging closer to rekindling negotiations over the long-contested, and presumably lucrative, Overlapping Claims Area (OCA) in the Gulf of Thailand. State-owned media, Agence Kampuchea Presse (AKP), yesterday reported that the Cambodian government had established a committee charged with negotiating the development of ...

Eddie Morton
http://phnompenhpost.com/business/gov%E2%80%99t-forms-oca-committee

Tourism minister to Thai border

In an attempt to foster tourism on the Cambodia-Thai border, tourism officials this week visited the Cham Yeam border crossing in Koh Kong province. Warming relations with Thailand’s newly elected Prime Minister Yingluck Shinawatra are expected to improve cross-border tourism, which deteriorated after border clashes ...

http://www.phnompenhpost.com/index.php/2011090751482/Business/mending-fences-tourism-minister-to-thai-border.html

Gov’t preparing to eliminate import duties for ASEAN products

The government is planning to gradually reduce tariffs on most goods imported from other ASEAN member states to zero, putting Cambodia ahead of what is required of it under the ASEAN Trade in Goods Agreement (ATIGA), officials said.   ...

May Kunmakara
http://www.khmertimeskh.com/news/19589/gov---t-preparing-to-eliminate-import-duties-for-asean-products/

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