Supreme Court Wants $200K Cash Deposit in Renakse Case
The Supreme Court has requested that the owner of Phnom Penh’s shuttered Renakse Hotel deposit $200,000 with the court as proof that it is able to pay compensation to the hotel’s former manager, a lawyer said yesterday. In 2008, the ruling CPP sold the French colonial-era ...
Net Profits at Acleda Bank Increased by 86% in 2011
Net profits at Acleda Bank increased by 86% to $49.4 million in 2011 as the company grew both its deposits and loan portfolio. In a statement released on Friday, Acleda said that loans grew by 35.4 percent to $989.4 million, while deposits at the bank ...
Maybank Cambodia aims to be in top 5 by 2015
Maybank launched yesterday its locally incorporated company in Cambodia, Maybank (Cambodia) Plc, and will also build a 10-storey corporate office with the aim of becoming one of the top five banks there by 2015. Currently ranked seventh in terms of assets among 33 banks operating ...
Gov’t Launches Body in Effort to Up Rice Exports
The Ministry of Commerce is setting up a National Confederation for Rice Exporters to achieve Prime Minister Hun Sen’s target of exporting 1 million tons of milled rice by 2015. ...
Two Arrested, Three Detained For Maid’s Death in Malaysia
Two Malaysian employers of a Cambodian maid were arrested and three others detained this week in Malaysia in connection with the woman’s death, Malaysian police officers said yesterday. Assistant police superintendent Suriman bin Shahrim, said Mey Sichan, 24, was discovered dead on Sunday, and her Malaysian ...
More national roads included in free New Year bus service
Prime Minister Hun Sen announced yesterday that Cambodian people could ride public buses for free to their hometowns over the Khmer New Year along five national roads instead of only two as initially announced on Sunday. ...
Mom Kunthear
http://www.khmertimeskh.com/50299277/more-national-roads-included-in-free-new-year-bus-service/
Authorities in Oddar Meanchey on the hunt for wild elephant
Cambodian authorities are monitoring a rogue wild elephant following a day in pursuit of the pachyderm after she trampled a number of villagers’ farmland. The female elephant was spotted on Sunday morning in Oddar Meanchey’s Dangrek Mountains – a rare sighting, according to Banteay Ampil ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/authorities-oddar-meanchey-hunt-wild-elephant
Authorities in Ratanakkiri find stash of 160 pieces of timber
Authorities in Ratanakkiri province’s O’Chum district on Saturday commandeered 160 pieces of first-grade timber they stumbled upon. They believe the timber was a collected stash that illegal loggers had hidden in the forest as they waited for rain to cease before transporting it out, said ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/authorities-ratanakkiri-find-stash-160-pieces-timber
Villagers in Mondulkiri say illegal logging is going on unabated
Villagers claim that rampant illegal logging is taking place at the Phnom Namlear Wildlife Sanctuary and local authorities are not doing enough to curb the activity. Every night about 20 to 30 lorries remove luxury timber from the wildlife sanctuary, which is fast depleting its ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/villagers-mondulkir-say-illegal-logging-going-unabated
