Acleda Bank net profit, assets grow in 1H16
Acleda Bank, Cambodia’s largest financial institution, experienced sturdy year-on-year growth during the first half of the year, according to figures from its latest audited financial statement. ...
Post Staff
http://www.phnompenhpost.com/business/acleda-bank-net-profit-assets-grow-1h16
Petrol prices should reflect drop in import costs: gov’t
Local petroleum retailers responded to a government deadline yesterday by agreeing to adopt a flexible pricing mechanism to reflect fluctuations in global oil prices, but there will not be any immediate price reductions, according to a Commerce Ministry spokesperson. ...
Sor Chandara
http://www.phnompenhpost.com/business/petrol-prices-should-reflect-drop-import-costs-govt
Deputy police chief contests taking over $200k in bribes
A deputy chief of the Kompong Chhnang provincial police has denied claims that he received more than $200,000 in bribes in exchange for giving a passing grade to about 100 candidates sitting an exam to join the force as officers. ...
Kuch Naren
https://www.cambodiadaily.com/news/deputy-police-chief-contests-taking-over-200k-in-bribes-93952/
In Cambodia, family planning offers a path away from poverty
The 70th session of the United Nations General Assembly is currently underway in New York. This meeting of the world’s leaders will see the adoption of a new set of global goals – the Sustainable Development Goals – that aim to transform the world over ...
UNFPA Staff
http://www.unfpa.org/news/cambodia-family-planning-offers-path-away-poverty
Court sentences land activist brothers to five years in prison
The Svay Rieng Provincial Court has sentenced three community activists to five years in jail for clearing trees on state land claimed by several dozen local farmers. ...
Ben Sokhean
https://www.cambodiadaily.com/news/court-sentences-land-activist-brothers-to-five-years-in-prison-95951/
Drought hits 234,695 hectares of paddy fields in Cambodia
Persisting dry conditions have affected approximately 234,695 hectares of rice seedlings in 16 Cambodian provinces and cities, according to a report released by the Ministry of Agriculture on Sunday. ...
Xinhua team
http://www.khmertimeskh.com/news/16505/drought-hits-234-695-hectares-of-paddy-fields-in-cambodia/
Court acquits land broker in $2.5m fraud case
The Phnom Penh Municipal Court on Friday acquitted a land broker of allegedly defrauding a businessman out of $2.5 million over a 9,000-hectare economic land concession (ELC) in Mondolkiri province that was eventually revoked by the government. ...
Khuon Narim
https://www.cambodiadaily.com/news/court-acquits-land-broker-in-2-5m-fraud-case-97086/
Cambodia publicizes map used in demarcation of border with Vietnam
Cambodia’s Prime Minister Hun Sen ordered authorities to publicize the map used by the country in demarcating its border with Vietnam at the meeting of his Cabinet on Friday. ...
Tuoitrenews Staff
http://tuoitrenews.vn/politics/30921/cambodia-publicizes-map-used-in-demarcation-of-border-with-vietnam
Police search for final suspect in commune chief beating case
Police in Svay Rieng province said Wednesday that they were still searching for one of two men suspected in a violent attack on an elderly commune chief that stemmed from a drunken fight on Saturday. ...
Buth Kimsay
https://www.cambodiadaily.com/news/police-search-for-final-suspect-in-commune-chief-beating-case-97256/
Orphanages in Cambodia: The good, the bad and the exploitative
The children rehearse twice a day, for about two hours each time – once at 4am, and again at 7pm – so they can perform for tourists on board cruise ships that dock at Phnom Penh year-round.But these children are not professional buskers nor part ...
Mabel Chan
http://www.channelnewsasia.com/news/singapore/orphanages-in-cambodia/2250280.html
International Criminal Court discusses role of civil society in investigations
The International Criminal Court in the Hague has issued a statement acknowledging the work of civil society organizations in helping maintain international standards of justice. In 2014 and the first quarter of 2015, some 60,000 people were affected by land grabs, according to a report ...
Hul Reaksmey
http://www.voacambodia.com/content/international-criminal-court-discusses-role-of-civil-society-in-investigations/3066868.html
In rice-exporting Vietnam, consumers growing fond of Cambodian grain
Some rice businesses in the southern province of Tien Giang have begun sourcing rice from Cambodia to distribute to Ho Chi Minh City and neighboring localities, instead of that grown in Vietnam’s Mekong Delta, known as the country’s granary.Trung, who runs a major rice firm ...
Tuoitrenews Staff
http://tuoitrenews.vn/business/31871/in-riceexporting-vietnam-consumers-growing-fond-of-cambodian-grain
Tractor tax abolished, but farmers still stuck in a rut
Prime Minister Hun Sen’s announcement on Facebook yesterday that the annual tax on vehicles used by limited-income families, including tractors, would be abolished was met with indifference by small-scale farmers, who said high interest rates on loan were a concern, not the negligible tax assessed ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tractor-tax-abolished-farmers-still-stuck-rut
More than 50,000 migrants deported by Thailand in 2015
More than 50,000 Cambodian migrants were deported from Thailand through the Poipet International Border Checkpoint, the main point of return for migrants, since the beginning of this year, according to a Banteay Meanchey provincial police official. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/more-than-50000-migrants-deported-by-thailand-in-2015-102223/
Muang Thai Life to expand into Cambodia in early 2016
Sara Lamsam, president and chief executive officer, said yesterday that the company has formed a 49:51 joint venture called Sovannaphum Life Assurance with its partner Canadia Investment Holding, the holding company of Canadia Bank, Cambodia’s second-largest bank. ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Muang-Thai-Life-to-expand-into-Cambodia-in-early-2-30275150.html
Chinese new year fire destroys 97 houses in Phnom Penh
A fire destroyed 97 houses in Phnom Penh’s Meanchey district early Monday morning, with authorities blaming an unattended candle from a resident’s Lunar New Year celebration for sparking the blaze. ...
Ben Sokhean and Peter Ford
https://www.cambodiadaily.com/news/chinese-new-year-fire-destroys-97-houses-in-phnom-penh-107837/
Japanese warships arrive in Sihanoukville, Chinese to moor next week
Three Japanese Maritime Self-Defense Force ships dropped anchor in Cambodian waters yesterday, mooring at a Sihanoukville provincial port for a three-day visit meant to strengthen the relationship and boost bilateral ties between Cambodia and Japan, according to General Chhum Socheat, spokesman for the National Defense ...
VIP Jets Ltd. signs for first Bell Helicopter in Cambodia
Bell Helicopter, a Textron Inc. company, announced it has signed a letter of intent with VIP Jets Ltd. for the first Bell 505 Jet Ranger X in Cambodia. This is also the first Bell Helicopter aircraft signed for in Cambodia. ...
Vertical Team
http://www.verticalmag.com/news/article/VIP-Jets-Ltd-signs-for-first-Bell-Helicopter-in-Cambodia
Water festival boat races to return in 2016: Hun Sen
Prime Minister Hun Sen announced on Wednesday that the country would resume holding a three-day Water Festival this year after canceling the annual festivity four times in the past five years. ...
Kuch Naren
https://www.cambodiadaily.com/brief/113056-113056/
Sugar company's compensation deals leave families bitter in Kampong Speu
In 2010, more than 1,500 families in Kampong Speu’s Oral district were evicted from the land they had cultivated since the fall of the Khmer Rouge regime in 1979 to make way for a Phnom Penh Sugar Company mega-plantation. ...
Jack Davies and Bun Sengkong
http://www.phnompenhpost.com/national/sugar-companys-compensation-deals-leave-families-bitter-kampong-speu