Cambodia Post launches e-payment, money transfer app
In a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. ...
Sok Chan
https://www.khmertimeskh.com/50499269/cambodia-post-launches-e-payment-money-transfer-app/
Chinese carrier launches direct flight to Cambodia's Sihanoukville
Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, a local English newspaper reported on Thursday, citing an airline executive. ...
Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/03/content_22618731.htm
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
Kantha Bopha gifted royal residence
The King and Queen Mother have awarded a royal residence in Koh Kong province to the director of the Kantha Bopha Children’s Hospitals in a bid to relieve the financial burden on the facilities, which offer free treatment to all patients. ...
Chhay Channyda
http://www.phnompenhpost.com/national/kantha-bopha-gifted-royal-residence
Camko city denies land sale
After a real estate agent was convicted of illegally selling plots of land within Camko City development project, a senior figure at developer World City stressed yesterday that at present no land was for sale and warned that any offers were fraudulent. ...
Sum Manet
http://www.khmertimeskh.com/news/31193/camko-city-denies-land-sale/
CNRP vexed as CPP continues to call Sokha’s presidency illegitimate
Opposition lawmakers yesterday left a meeting at the Interior Ministry exasperated, as officials from the latter continued to deem the presidency of their leader, Kem Sokha, and the vice presidency of three senior lawmakers, illegitimate, but offered no clear path to a resolution. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-vexed-cpp-continues-call-sokhas-presidency-illegitimate
Vietnam asked to invest in rubber
During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...
Chea Vannak
http://www.khmertimeskh.com/5089361/vietnam-asked-invest-rubber/
Central bank sets interest rate ceiling, sparking fears
The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/central-bank-sets-interest-rate-ceiling-sparking-fears-126483/
Cassava exports up, prices low
Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam. ...
Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/
CNRP’s predecessor parties reject GDP call to run in July election
The fledgling Grassroots Democracy Party appealed yesterday to the preDecessors of the now-dissolved Cambodia National Rescue Party to contest this year’s upcoming elections in a bid to dilute the ruling party’s vote share – an offer they quickly turned down. ...
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national-politics/cnrps-predecessor-parties-reject-gdp-call-run-july-election
1,100 voluntary students help land distribution and survey for local people
Samdech PM Hun Sen this week met with I, I 00 voluntary students, who will help survey the land for local people. The government set policy to offer land for real poor and landless people in a form of helping poor and social equity. ...
IOM raising funds to return rescued fishermen
As 58 Cambodian fishermen rescued from slavery in Indonesia await their travel documents to return home, the intergovernmental body organizing their return is attempting to raise money to pay for their travel because the Cambodian government is not offering any funds for their repatriation. ...
Alex Consiglio and Khy Sovuthy
https://www.cambodiadaily.com/news/iom-raising-funds-to-return-rescued-fishermen-82532/
Officials Warn Rainsy Over Military Comments
Government officials over the weekend warned that opposition leader Sam Rainsy could face legal action for comments he made on his Facebook page that called on the public to woo the country’s armed forces into supporting the CNRP and put an end to decades of ...
Khuon Narim and Zsombor Peter
http:// Khuon Narim and Zsombor Peter
RCAF land grab is alleged
Villagers in Oddar Meanchey’s Trapaing Prasat district filed a complaint with rights group Adhoc alleging a military official is using armed forces to claim 90 hectares of their land. In their complaint filed with Adhoc earlier this month, the 13 families who claim ownership of the ...
Phak Seangly
http://www.phnompenhpost.com/national/rcaf-land-grab-alleged
Buildings Up for Demolition Broke Agreement, Not Restrictions
Phnom Penh’s governor on Thursday refused to confirm whether two buildings close to the Royal Palace will be pulled down after local district and commune officials said Wednesday that their demolition due to height violations was imminent. Governor Pa Socheatvong declined to comment on the reports ...
Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/news/buildings-up-for-demolition-broke-agreement-not-restrictions-45425/
IDEMITSU of Japan to build bio-fuel factory in Cambodia in 2015
A world class Japanese Company, IDEMITSU, will build a bio-fuel factory in Cambodia in 2015, and will commence exploring bio-fuel in Cambodia for the first time in 2017, Mr. Heng Ratana, General Director of Cambodian Mine Action Centre (CMAC) told reporters yesterday. IDEMITSU has been ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjQ3MGQ1NmRlY2R
Unions, GMAC at the table
Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...
Lay Samean and Ananth Baliga
http://www.phnompenhpost.com/national/unions-gmac-table
SEZs hold key to economic corridor growth
Industrial parks that offer special privileges to companies that operate inside them play a dominant role in attracting investment in the region, but countries must focus more on building up their infrastructure and human resources to take advantage of increased connectivity, development experts said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/sezs-hold-key-economic-corridor-growth
Indonesia, Cambodia discuss defence cooperation
Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaDers. ...
Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation
In Sweden, Cambodian woman wins world’s children’s prize
Cambodia’s Noun Phymean has won this year’s World’s Children’s Prize, chosen by children from around the globe, and the accompanying $50,000 award for her work offering free schooling and vocational training to some of Phnom Penh’s poorest young people. ...
Zsombor Peter and Sek Odom
https://www.cambodiadaily.com/news/in-sweden-cambodian-woman-wins-worlds-childrens-prize-97347/