BRED bank to carve out a niche in the market
Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bred-bank-carve-out-niche-market
Commune elections 2017: Parties strut in first push for polls
The campaign for the June 4 commune elections officially began on Saturday morning with opposition CNRP leader Kem Sokha telling supporters that his party’s time had finally come and CPP Senate President Say Chhum similarly pledging an easy victory for the ruling party. ...
Mech Dara and Alex Willemyns
http://www.phnompenhpost.com/national/commune-elections-2017-parties-strut-first-push-polls
Acleda Bank reports $28M net profit in Q1
Aceleda Bank, Cambodia’s largest bank by assets, reported a net profit of $28.39 million in first quarter this year, down slightly from $30.19 million in the same period in 2016, according to the bank’s latest financial report. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/acleda-bank-reports-28m-net-profit-q1
2011 ban on maids working in Malaysia lifted months ago
The government lifted a 2011 ban on sending Cambodian maids to Malaysia in January, according to a directive Prime Minister Hun Sen signed late last year, contradicting months of government denials. ...
Zsombor Peter and Phan Soumy
https://www.cambodiadaily.com/news/2011-ban-maids-working-malaysia-lifted-months-ago-131127/
Waters rising in Sesan dam villages as holdouts sit tight
Rescuers armed with speed boats and emergency supplies have been deployed to two Stung Treng province villages where residents remain despite expected flooding as the country’s largest hydropower dam undergoes testing. ...
Aun Pheap
https://www.cambodiadaily.com/news/waters-rising-in-sesan-dam-villages-as-holdouts-sit-tight-132614/
Growth spurt of exports to Japan weakens in H1
Growth of exports to Japan slowed during the first half of 2017, marking the lowest half-year growth rate in nearly a decade, newly released data from Japan’s development agency show. ...
Hor Kimsay
http://www.phnompenhpost.com/business/growth-spurt-exports-japan-weakens-h1
Former party of Kem Ley to run nationwide in 2018
The Grassroots Democracy Party, co-founded by slain political analyst Kem Ley, has announced it will compete in the national elections next year in all provinces, though analysts yesterday doubted that it would be able to mount a serious challenge to the ruling Cambodian People’s Party. ...
Ben Sokhean and Leonie Kijewski
http://www.phnompenhpost.com/national-politics/former-party-kem-ley-run-nationwide-2018
Kingdom’s startups stuck in the middle with no capital
Despite Cambodia having a vibrant startup scene with entrepreneurs launching ventures on a near daily basis, businesses trying to tap into financial resources for growth have difficulty accessing capital and are stuck in the unbankable “missing middle”, according to a recent study. ...
Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-startups-stuck-middle-no-capital
China to work further with Mekong countries in water resources
China is ready to consolidate political trust with the five countries along the Lancang-Mekong River, and further cooperate with them in areas of water resources, drought and flood prevention, industrial capacity, agriculture, and human resources, Premier Li Keqiang said on Wednesday. Li made the remarks ...
Zhang Yue
http://www.chinadaily.com.cn/a/201801/11/WS5a5727eba3102c394518e98a.html
City Hall sends hundreds for rehab in social affairs centres
More than 1,700 beggars and homeless people were removed from the streets of Phnom Penh and sent to social affairs centres last year. According to City Hall’s annual report, which was released yesterday, authorities rounded up 1,727 beggars and homeless people from all city districts over ...
Sen David
http://www.khmertimeskh.com/50106908/city-hall-sends-hundreds-rehab-social-affairs-centres/
Two briefly held in Koh Kong after pot patch discovered
Two men were arrested and temporarily detained on Monday in Koh Kong province after authorities discovered 34 marijuana plants being grown illegally in the gardens in front of their homes, police said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/two-briefly-held-koh-kong-after-pot-patch-discovered
Senior CPP members urging citizens to vote in coming elections
Four months out from the July elections, senior Cambodian People’s Party officials at home and abroad have called on people to exercise their vote in July – even if they don’t vote for the CPP – amid predictions of low turnout and waning enthusiasm for ...
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national-politics/senior-cpp-members-urging-citizens-vote-coming-elections
Chinese firm snaps up $49.2M in local assets
Shanghai-listed Guangzhou Yuetai Group will purchase $49.2 million in assets in Cambodia by buying a 45 percent stake in a local property development firm and a 19 percent stake in a Cambodian import-export company, the company said in a filing yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/chinese-firm-snaps-492m-local-assets
Elephant electrocuted by high-tension line in herd’s path
An elephant was electrocuted by a high-power electric line early on Wednesday in a village in Preah Sihanouk province frequented by the animals, according to provincial authorities. ...
Ouch Sony and Danielle Keeton-olsen
https://www.cambodiadaily.com/news/elephant-electrocuted-by-high-tension-line-in-herds-path-126924/
Kem Ley lives on for Grassroots Democracy Party in elections
After Grassroots Democracy Party (GDP) candidates for the upcoming commune elections took their seats inside the leafy grounds of the party headquarters in Phnom Penh for a pre-election congress on Thursday, they rose to their feet and bowed their heads in remembrance of their founding ...
George Wright and Sek Odom
https://www.cambodiadaily.com/news/kem-ley-lives-grassroots-democracy-party-elections-130233/
U.S. Democracy promotion group holds political debate in Battambang
Local residents in Battambang town took part in a political debate organized by U.S. Democracy promotion group, the National Democratic Institute for International Affairs (NDI) on Monday ahead of local elections early next month. Attendees asked prospective candidates questions related to citizen’s concerns over unemployment, migration, ...
Sok Khemara
http://www.voacambodia.com/a/us-democracy-promotion-group-holds-political-debate-in-battambang/3867567.html
King again in Beijing for contested Party Law’s signing
King Norodom Sihamoni will once again be out of Cambodia on the day that widely condemned new laws are due to be signed into force, prompting some observers to suggest he is abstaining from affixing his signature to politically questionable legislation. ...
Meas Sokchea and Erin Handley
http://www.phnompenhpost.com/national/king-again-beijing-contested-party-laws-signing
Guideline on traffic management and street order in Phnom Penh
On 08 August 2017, the Phnom Penh Capital Hall issued a guideline for managing public order on the streets as a key factor to deal with traffic issues, promote national honors, and reduce street anarchism. The Capital Hall decided to select 11 main roads as a model priority ...
Phnom Penh Capital Hall
Government says reports of GM crops in Cambodia are ungrounded
The government has denied the presence of genetically modified organisms (GMOs) in the agricultural sector amid persistent reports that some local farmers may already be cultivating genetically engineered “hybrid” seeds, warning that countries could restrict or ban the import of Cambodian agricultural products if use ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/government-says-reports-gm-crops-cambodia-are-ungrounded