$65 mln loan to expand microfinance
Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women. ...
Va Sonyka
http://www.khmertimeskh.com/news/12730/business-briefs/
Exam budget surplus: Gov’t
The Ministry of Education plans to spend less than its allocated $3 million budget for the upcoming high school exit exam due to a decrease in this year’s exam registrants, an education official confirmed yesterday. ...
Taing Vida
http://www.phnompenhpost.com/national/exam-budget-surplus-govt
Five arrested over anti-NGO law leaflets
Authorities in Phnom Penh arrested and released five activists on Saturday for handing out leaflets urging residents to “Say No” to a pending NGO law that critics fear will be used to muzzle critics of the ruling CPP. ...
Ben Sokhean
https://www.cambodiadaily.com/news/five-arrested-over-anti-ngo-law-leaflets-88882/
Gov’t needs $2.4b for public investment projects
The government needs about $2.4 billion to begin 331 public investment projects, such as roads and schools, planned for the next three years, according to a statement released by the Council of Ministers on Friday. ...
Kang Sothear
https://www.cambodiadaily.com/news/govt-needs-2-4b-for-public-investment-projects-89482/
Koh Kong court protesters told to leave or be forced to move
Khemara Phoumint City deputy governor Pen Bunchhouy on Tuesday issued a letter to a group of protesters demanding that they vacate the area in front of the Koh Kong Provincial Court by Wednesday, threatening “action” if they refused. ...
Binance to assist Cambodia in developing digital asset regulations
Crypto exchange Binance has signed a memorandum of understanding with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104974/binance-to-assist-cambodia-in-developing-digital-asset-regulations/
Burmese President to Visit Cambodia Next Week
Thein Sein, president of Burma, will visit Cambodia next Tuesday and Wednesday, according to a statement from the Ministry of Foreign Affairs. The visit will be Mr. Thein Sein’s first to Cambodia since taking power one year ago. ...
Gaming firm to expand Poipet operations
American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...
Government earns $366m from construction sector
The government collected more than $366 million in revenues from the construction sector from 2013 to 2017, mostly from land registration and cadastre, construction, land leases, and property title transfer services, according to a recent government report. ...
Sum Manet
https://www.khmertimeskh.com/50501230/government-earns-366m-from-construction-sector/
NSSF provides benefits to more than 102,000 new mothers
According to a report by the National Social Security Fund obtained today, the Cambodian government has spent more than $10 million on female workers in both formal and informal sectors through the NSSF between January and June. ...
Mom Kunthear
https://bit.ly/2xsQYD1
Bunong group attends French court hearing over land dispute
Nine representatives of the Bunong indigenous communities in Mondulkiri province who claimed to have fallen victim to a development project by French firm Socfin-KCD appeared for questioning at the Tribunal of Nanterre in France on Tuesday. ...
Long Kimmarita
https://www.phnompenhpost.com/national/bunong-group-attends-french-court-hearing-over-land-dispute
National Assembly to vote on local reps increase
The National Assembly will meet on Thursday to discuss and adopt an amendment to the law on municipal, provincial, town and district council elections in order to improve their efficiency, according to a senior National Assembly official. ...
Mech Dara
https://www.phnompenhpost.com/national/national-assembly-vote-local-reps-increase
Manufacturers say a high number of factories suspending workers
The Garment Manufacturers Association in Cambodia says at least 15 factories have suspended workers, due to a lack of job orders, even as union leaders say they will demand a higher minimum wage. ...
Phorn Bopha
http://www.voacambodia.com/content/manufacturers-say-a-high-number-of-factories-suspending-workers/2963358.html
Unions petition against draft union law, warn of protests
Several trade unions representing some of the garment sector’s 700,000 workers petitioned lawmakers on Monday to make important changes to a controversial draft union law before passing it and warned of mass protests if they were ignored. ...
Mech Dara
https://www.cambodiadaily.com/news/unions-petition-against-draft-union-law-warn-of-protests-100508/
Footwear kicks in as factory exports surge 17 percent
The total value of exports from the garment, footwear and other factories rose 17 percent year on year to $7.1 billion last year, according to a report from Ministry of Industry and Handicraft released yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/20849/footwear-kicks-in-as-factory-exports-surge-17-percent/
City hall pulls plug on market fee collector
Phnom Penh City Hall plans to replace the controversial contractor in charge of collecting parking and stall fees from markets around the city, according to a letter from the Council of Ministers posted on social media yesterday. ...
Mech Dara
http://www.phnompenhpost.com/national/city-hall-pulls-plug-market-fee-collector
Gov’t waives VAT to support rice millers
Agricultural products have been granted an exemption from the value-added tax (VAT) as part of a government effort to support local rice farmers and millers, according to a prakas issued Wednesday by the General Taxation Department. ...
Post Staff
http://www.phnompenhpost.com/business/govt-waives-vat-support-rice-millers
Health ministry warns of drought's consequences
The Ministry of Health expects a dangerous year for diseases and heat trauma as a result of the extreme weather that the Kingdom is experiencing, according to a series of public statements this week. ...
Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/health-ministry-warns-droughts-consequences
New head of human rights committee
Keo Remy, a Council of Ministers secretary of state and former member of the opposition, will replace Mak Sambath as the head of the Cambodia Human Rights Committee (CHRC), according to a Royal Decree issued last Wednesday. ...
Taing Vida
http://www.khmertimeskh.com/news/24718/new-head-of-human-rights-committee/
China, Thailand tourist arrivals start rising
The number of tourist arrivals from China and Thailand rose in the first six months of the year while arrivals from Vietnam, South Korea and Laos dropped, according to a senior official at the Ministry of Tourism. ...
Sok Chan
http://www.khmertimeskh.com/news/28092/china--thailand-tourist-arrivals-start-rising/