Cambodia's Sathapana selects ElectraCard for ATM and card services
ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, announced that Sathapana Limited (SPN), the leading MFI in Cambodia, has selected ECS to offer ATM and card services to their customers. Sathapana operates through 101 offices (74 branches and ...
ElectraCard Services
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51361&topic=exchanges
Cambodia parliament holds session as opposition continue to boycott
Cambodia’s ruling party- controlled National Assembly on Thursday convened its first plenary session to elect members for the body’s nine commissions, while the opposition party has continued to boycott the parliament over July’s disputed election. Sixty-eight lawmakers of the Prime Minister Hun Sen’s ruling party on ...
Global Times News Staff
http://www.globaltimes.cn/content/816822.shtml#.UldrLdKBlxI
Cambodia's ruling party has no plan for coalition gov't with opposition party: spokesman
The ruling Cambodian People’s Party (CPP) has no plan to establish a new coalition government with the opposition Cambodia National Rescue Party (CNRP) after the general election on July 28, CPP’s spokesman and Information Minister Khieu Kanharith said Saturday. “Up to now, we don’t have ...
http://news.xinhuanet.com/english/world/2013-08/10/c_132619134.htm
Aspara International's China flights delayed
The launch of a new airline promising regular flights between Phnom Penh and China has been stalled, awaiting government approval. Apsara International Air – co-owned by Chinese and Cambodian investors – now plans to begin operations sometime in 2014 as talks between the airline and the ...
May Kunmakara
http://www.phnompenhpost.com/business/aspara-internationals-china-flights-delayed
Capital to launch trial bus route
Phnom Penh commuters fed up with navigating the city’s increasingly busy streets will have a chance to test a new public bus service beginning in February. Phnom Penh Municipality spokesman Long Dimanche yesterday confirmed a one-month trial of a bus service along a 7.5-kilometre route running ...
Hor Kimsay
http://www.phnompenhpost.com/national/capital-launch-trial-bus-route
More Phnom Penh residents facing possible eviction
Dozens of villagers in Phnom Penh’s Russei Keo district are facing eviction after the National Cadastral Commission announced last week that a number of areas in Tuol Sangke commune are earmarked for future redevelopment. The commission’s plans for new projects, including a road widening, were posted ...
Ben Sokhean
http://www.cambodiadaily.com/news/more-phnom-penh-residents-facing-possible-eviction-58031/
Kandal Court may release men charged with Odong relic theft
The Kandal Provincial Court will question five prisoners next month over the theft of 2,500-year-old relics of the Buddha from the top of Odong mountain in December to ascertain if they were actually involved, a court official said Monday. Lim Sokuntha, an investigating judge at the ...
Khy Sovuthy
http://www.cambodiadaily.com/news/kandal-court-may-release-men-charged-with-odong-relic-theft-58602/
Institute land not leased: gov’t
Responding to reported fears among staff that the destruction of a wall at Phnom Penh’s Buddhist Institute could herald the piecemeal sale of the grounds to adjacent casino operator NagaCorp, the government yesterday chalked the alarm up to a simple misunderstanding. According to the Ministry of ...
Chhay Channyda
http://www.phnompenhpost.com/national/institute-land-not-leased-gov%E2%80%99t
Khmer minority lack equal rights: report
Thach Ry, a 64-year-old Khmer Krom man, fled Vietnam in 2008 after authorities there tried to arrest him for protesting the government’s treatment of his community. Arriving in Cambodia with his wife and daughter, authorities here tried to arrest him, too, he said, so like many ...
Kevin Ponniah and Phak Seangly
http://www.phnompenhpost.com/national/khmer-minority-lack-equal-rights-report
Strike closes most Bavet factories
All but four garment factories in Svay Rieng province were closed yesterday, as a strike of thousands of workers there continued into its second week, a labour union official said. The strike, estimated to involve about 20,000 people across the province’s Tai Seng and Manhattan special ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strike-closes-most-bavet-factories
Institute feeling crowded
Construction work at the site of Phnom Penh’s Buddhist Institute by Hong Kong-listed casino operator NagaCorp has caused concern among staff that the large development is driving away students. In recent days, a wall separating the institute from Hun Sen Park in Chamkarmon district’s Tonle Bassac ...
Chhay Channyda
http://www.phnompenhpost.com/national/institute-feeling-crowded
Urban planning needed: ADB
With a rapidly rising population exacerbating the country’s existing infrastructure, the Asia Development Bank (ADB) has highlighted in a new study the Cambodian government’s failure to install effective planning policies in its most densely populated urban centres. The ADB estimates that, driven by work opportunities and ...
Eddie Morton
http://www.phnompenhpost.com/business/urban-planning-needed-adb
Coup reorients relations with Cambodia
Thailand’s military coup has reoriented Thai-Cambodian relations with surprising effects. Cambodian Prime Minister Hun Sen’s overt enmity and confrontation towards Thailand over the past several years have become conciliatory and accommodating for the time being. Whether this new pattern of bilateral ties is solidified depends ...
Thitinan Pongsudhirak
http://www.bangkokpost.com/opinion/opinion/419967/coup-reorients-relations-with-cambodia
Smartphone sales slowing
After years of ever-brisker sales, the smartphone market may be plateauing. Cambodians spent more than $300 million on smartphones last year, a 38 per cent increase from 2012’s figure of about $220 million, according to data from Singapore-based research firm GfK. Some 907,000 smartphones were sold in ...
May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/smartphone-sales-slowing
Australians donate to school linked to sex abuse claims
Australians are among donors to a school charity in Cambodia where the director has been charged with arranging for foreign volunteers to sexually abuse teenage students. The scandal has focused new attention on the management of Cambodia’s orphanages and children’s charities and the deception used by ...
Lindsay Murdoch
http://www.smh.com.au/national/australians-donate-to-school-linked-to-sex-abuse-claims-20140713-zt63b.html#ixzz37P4WG85n
Questions Raised Over Quarry Crackdown
The Phnom Penh municipal government issued a warning to those operating unlicensed sand quarries after a military helicopter plunged into one killing four people on Monday, but some questioned City Hall’s motives and commitment. The statement, dated Tuesday and signed by Governor Pa Socheatvong, came a ...
Khy Sovuthy
http://www.cambodiadaily.com/news/questions-raised-over-quarry-crackdown-64436/
Quality control to lift exports
China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...
Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports
Outstanding credit could reach $30B by 2020
The total amount of loans in Cambodia’s banking sector could rise to $30 billion by 2020, according to a report released today by Mekong Strategic Partners, a new investment and advisory fund. Amid such growth, banks will be challenged to drastically expand their operations and will ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/outstanding-credit-could-reach-30b-by-2020-69127/
Cambodia unveils regulation to protect entertainment workers
Cambodia’s Ministries of Labour and Tourism on Wednesday jointly launched a new regulation for protecting the occupational safety, health and labour rights of entertainment workers. “The regulation aims to improve working conditions, occupational safety and health rules of entertainment service enterprises, establishments and companies,”said a ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/08/c_133699392.htm
GTI price resilient over strikes
It’s been a testing month for Taiwanese garment manufacturer Grand Twins International (GTI), with recurring worker demonstrations and a new sector-wide minimum-wage level set just this week. But despite the turbulence, GTI stock – one of just two companies trading on the Cambodian Stock Exchange (CSX) ...
Eddie Morton
http://phnompenhpost.com/business/gti-price-resilient-over-strikes