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Hor Namhong to Visit Troops in Preah Vihear to Explain UN Ruling

Minister of Foreign Affairs Hor Namhong will on Saturday visit Royal Cambodian Armed Forces troops stationed in the Preah Vihear temple territory to explain the interpretation of the recent U.N. court ruling on the area, a Foreign Ministry official said. On November 11, the International ...

Phorn Bopha
http://www.cambodiadaily.com/author/phorn-bopha/

Planned Mekong dams need environmental assessment

The Cambodian government’s plan to build 20 dams along the Mekong River, with a view to boosting energy security, could harm food security and biodiversity in the region, as well as ignite a regional conflict over sharing of the river’s water, a conference has heard. ...

SciDev.Net News Staff
http://www.scidev.net/asia-pacific/water/news/planned-mekong-dams-need-environmental-assessment.html

Fake Orphanage Ordered Closed After Alleged Migrant Scam

The Ministry of Interior has suspended the operation of an orphanage after it found that its director had colluded with a recruitment agency to cheat migrant workers out of an alleged $600,000, officials said Tuesday. “The Ministry of Interior temporarily suspends all activities of Our Friends ...

Khuon Narim
http://www.cambodiadaily.com/news/fake-orphanage-ordered-closed-after-alleged-migrant-scam-51114/

Svay Rieng dredging destroying farmland

Dredging operations are causing whole sections of farmland along Svay Rieng’s Toek Vel River to collapse, villagers said in a petition thumb printed by more than 300 affected families. Ros Mov, a chief of Romeas Hek Samiky Land Community, said yesterday 389 families from four ...

http://www.phnompenhpost.com/index.php/2011083051343/National-news/svay-rieng-dredging-destroying-farmland.html

Phnom Penh orders rice sell-off to fight price gouges

City Hall coordinated the release of 120 tons of rice in cooperation with the state-run Rural Development Bank yesterday to keep prices in the city stable amid reports that vendors were using the current floods to gouge customers. Last week, Prime Minister Hun Sen said the ...

Vattanac in damage denial

A top executive from Cambodian company Vattanac yesterday denied the firm had damaged colonial-era buildings along the capital’s riverfront, as one local business owner sought a new home. Construction at a Vattanac building site – situated on Phnom Penh’s Sisowath Quay – has been at ...

http://www.phnompenhpost.com/index.php/2011080350834/National-news/vattanac-in-damage-denial.html

No sign of relief for rice industry

As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said yesterday that these small farmers desperate to pay their ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/no-sign-relief-rice-industry

Overtime at school goes unpaid

Six months after the government announced that bank accounts for all civil servants would put an end to late salaries and rampant graft, secondary school teachers in Prey Veng say they are owed long overdue payments. In addition to their regular salary, which they already received, ...

Laignee Barron and Sen David
http://www.phnompenhpost.com/national/overtime-school-goes-unpaid

Assembly’s finance commission requests more details on budget

The National Assembly’s banking and finance commission met Monday to discuss the proposed $3.8-billion budget for 2015, with lawmakers from both parliamentary parties agreeing that more specific details are needed before they can evaluate the plan, according to the commission’s deputy chairman, Son Chhay. Mr. Chhay, ...

Alex Willemyns and Hul Reaksmey
http://www.cambodiadaily.com/news/assemblys-finance-commission-requests-more-details-on-budget-72034/

Cambodia awards enterprises for HIV/AIDS prevention

Cambodia’s Labor Ministry on Thursday awarded some of the best performing companies in the country for their work on HIV and AIDS education and prevention at workplaces. Labor Minister Ith Samheng handed over 124 awards to enterprises in a range of sectors, including the garment industry, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-11/27/c_133818461.htm

Bubble trouble downplayed

Government officials and industry insiders downplayed concerns about the sustainability of the construction and real estate sector yesterday, although they agreed that closer monitoring of the industry was needed to understand risks to the economy.At a meeting in Phnom Penh yesterday, officials from several ministries, ...

Siv Meng, Ananth Baliga and Sor Chandara
http://www.phnompenhpost.com/business/bubble-trouble-downplayed

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...

Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines

Positive resolution for families living on Sekong riverbank in Stung Treng town

Stung Treng provincial authorities are coordinating a huge relocation of more than 130 families living on the banks of the Sekong River to prevent landslides and contribute positively to the town’s aesthetics. ...

Khorn Savi
https://www.phnompenhpost.com/national/positive-resolution-families-living-sekong-riverbank-stung-treng-town

EU to contribute to nation’s new water treatment plant

The European Investment Bank (EIB) has said it secured a 12.7 million euro (nearly $14 million) grant from the European Union for the construction of the Bakheng Water Treatment Plant and its 500 kilometres of distribution network in Phnom Penh.​ ...

Sok Chan
https://www.khmertimeskh.com/50724747/teu-to-contribute-to-nations-new-water-treatment-plant/

CRF asks ministry for $30M increase to purchase paddy

The Cambodia Rice Federation (CRF) has asked the Ministry of Economy and Finance to disburse an additional $30 million through the state-owned Agricultural and Rural Development Bank (ARDB), its president Song Saran told The Post on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/crf-asks-ministry-30m-increase-purchase-paddy

Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Sok Chan
https://www.khmertimeskh.com/50810949/forum-to-promote-access-to-finance-for-women-entrepreneurs-in-covid-19-era/

Requirements for the public offering of equity securities in Cambodia

Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...

Post Staff
https://www.phnompenhpost.com/banking-securities-business/requirements-public-offering-equity-securities-cambodia

Preah Sihanouk warns of land scammers

The Preah Sihanouk provincial administration has warned several families not to be fooled by the claims of land brokers who sold them land which belongs to Canadia Bank Plc. ...

Chea Sokny
https://www.phnompenhpost.com/national/preah-sihanouk-warns-land-scammers

Battambang landfill is officially inaugurated to participate in the development of sanitation

Senior Minister Sun Chanthol, Minister of Public Works and Transport, presided over the handover and official inauguration ceremony of a large landfill in Battambang city of Urban Environment Management in the Tonle Sap Phase 2 Project under the Asian Development Bank (ADB) loan. ...

Khmer Times Staff
https://www.khmertimeskh.com/501259003/battambang-landfill-is-officially-inaugurated-to-participate-in-the-development-of-sanitation/

Mekong electrification $600M project gets first tranche of $120M

The project to electrify Cambodia’s river systems, which is expected to cost a total of $600 million over five years, received its first tranche of $120 million in funding. The funding came in from the commercial arm of a major multilateral bank. ...

Rachel David
https://www.khmertimeskh.com/501458780/mekong-electrification-600m-project-gets-first-tranche-of-120m/

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