Country’s First Life Insurance Firm Enters Market
The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...
Railway Family Payouts Could Be Increased
The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...
Premier calls for support for veterans
Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/
Open Development Cambodia published School locations in Cambodia (2012) dataset
Open Development Cambodia (ODC) has published a new online resource detailing on School locations in Cambodia (2012) in both Khmer and English. Together with the website’s map explorer tool, we provide the data details information on preschool, primary school,and lycee and college nationwide.=> Please click ...
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...
Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets
Unstoppable worker outflow dims Cambodia's future prospects
Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...
Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects
Kampot holdouts take compensation, move out
Six families in Kampot City accepted compensation of $3,000 each on Monday for their houses situated on a road that authorities want to expand, after initially rejecting the offer last week. ...
Ben Sokhean
https://www.cambodiadaily.com/news/kampot-holdouts-take-compensation-move-out-93702/
Equity fund takes stake in iCare
A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare
RDB unveils new identity
The state-owned Rural Development Bank on Monday announced it will rebrand as the Agriculture Development Bank within the next couple of years, offering a wider range of funds and banking services. ...
Sok Chan
http://www.khmertimeskh.com/5077255/rdb-unveils-new-identity/
Wage talks remain in deadlock
The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock
Kampong Speu indigenous group concerned over land loss
The Suoy indigenous people of the Kor Dauntey community in Kampong Speu have expressed concerns over the loss of reserve land for future generations after allegedly receiving a $2,500 per hectare offer. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kampong-speu-indigenous-group-concerned-over-land-loss
Biofuel case stalls again; British defendant claims extortion
The trial of a British entrepreneur accused of fraud was delayed again at the Phnom Penh Municipal Court on Wednesday, while the defendant alleged he received an offer to buy his freedom for $1 million. ...
Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/biofuel-case-stalls-again-british-defendant-claims-extortion-100808/
Education minister lays out reforms at assembly
Minister of Education Hang Chuon Naron was questioned in front of a parliamentary panel yesterday, offering lawmakers a nine-point policy for reforming the Kingdom’s educational sector, according to a ministry official. ...
Taing Vida
http://www.phnompenhpost.com/national/education-minister-lays-out-reforms-assembly
Cambodia: 2nd agency to assist resettling Nauru refugees
The Australian government has retained a second agency to assist in the resettlement of refugees in Cambodia, despite scant interest from the people it detains on Nauru and for whom the offer stands. ...
Lauren Crothers
http://aa.com.tr/en/asia-pacific/cambodia-2nd-agency-to-assist-resettling-nauru-refugees/625495
Vattanac launches internet banking
Following the recent trend in Cambodian banks starting online banking services for their customers, Vattanac Bank announced last week that it was also now offering the service. ធនាគារវឌ្ឍនៈសម្ភោធកម្មវិធីសេវាធនាគារតាមអ៊ិនធឺណែត ...
Sok Chan
http://www.khmertimeskh.com/news/31472/vattanac-launches-internet-banking/
Activist held for alleged trafficking
Former Cambodia National Rescue Party member Ismail Pin Osman was arrested in Phnom Penh on Wednesday for alleged human trafficking, though police officials offered little detail on why he was taken into custody. ...
Niem Chheng
http://www.phnompenhpost.com/national/activist-held-alleged-trafficking
12 duped migrant workers rescued
The Cambodian embassies in Malaysia and Vietnam have rescued 12 migrants who were cheated by human traffickers offering them well-paying jobs, with some set to be married off to men in China. ...
Pech Sotheary
http://www.khmertimeskh.com/5076387/12-duped-migrant-workers-rescued/
Rare deer caught on film for first time in a decade
Four endangered hog deer have been recorded using camera traps for the first time in a decade in Kratie province, offering hope that the population of the species may be on the rise. ...
Mom Kunthear
http://www.khmertimeskh.com/5082524/rare-deer-caught-film-first-time-decade/
Loophole thwarts efforts to combat child sex
When an anti-human trafficking group recently reported a 73 percent drop in the sale of children for sex, another referenced its list of 15 establishments offering minors to predators as evidence to the contrary. ...
Matt Blomberg and Sek Odom
https://www.cambodiadaily.com/news/loophole-thwarts-efforts-to-combat-child-sex-86980/
Relocation fears for Siem Reap families
About 90 Siem Reap families have rejected what they say is a preliminary move by the provincial authority to have them moved off land declared part of Kulen Mountain National Park in 2002. The families, in Banteay Srei district’s Tbeng commune, said yesterday they had rejected ...