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India pledges $50,000 to ECCC

The government of India announced yesterday that it will give $50,000 to the Extraordinary Chambers in the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...

Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/

Japanese Hospital Opens for Tourists

At the unveiling of the new Japanese-owned Sunrise Hospital in Phnom Penh, Prime Minister Hun Sen said that such tourist-focused medical facilities would boost confidence in visitors and investors to Cambodia. Mr. Hun Sen described the $35 million hospital in Chrouy Changvar district, which on its ...

Sok Chan
http://www.khmertimeskh.com/news/29972/japanese-hospital-opens-for-tourists/

Move-out begins at White Building; no official deadline set

As residents began to move out of Phnom Penh’s iconic White Building on Tuesday, government officials were also present, handing out documentation to those leaving while microfinance staff offered their services.While some residents piled their possessions into trucks or blocked narrow hallways with unwanted goods, ...

Brendan O’byrne
https://www.cambodiadaily.com/second2/move-begins-white-building-no-official-deadline-set-131081/

Sumimoto Mitsui sins agreement with Acleda

One of Japan’s biggest banks, Sumimoto Mitsui Banking Corporation (SMBC) signed agreement with Acleda Bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...

CIMBT expands intra-Asean ATM service

CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...

http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service

National Electricity Provider Warns of Dry-Season Power Cuts

The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...

http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/

ACLEDA Bank Plc. Extends Mobile Financial Services to New Segments with Mobiliti Reach from Fiserv

A leading global provider of financial services technology solutions, today announced that ACleDA Bank Plc. (ACleDA), the largest bank in Cambodia, has extended its ACleDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...

http://www.dailyfinance.com/2012/10/28/acleda-bank-plc-extends-mobile-financial-services-/

Cambodia Bourse Sees End to IPO Drought

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj

BK evictees lose battle on plot size

Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/bk-evictees-lose-battle-plot-size

Cambodia's solar solution

Australia-based energy company Star8 officially launched operations on Friday at its solar-powered factory just outside of Phnom Penh. The ceremony marked the commencement of production on solar-powered tuk-tuks, the mainstay of the company. Hun Many, the youngest son of Premier Hun Sen, and Alison Burrows, the Australian ...

David Boyle and Koam Chanrasmey
http://www.phnompenhpost.com/video/cambodias-solar-solution

PPSP says shares are ‘undervalued’ in buyback

The industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) believes its falling share price now offers a good investment as the board proposed its share buyback plan to the regulator yesterday. ...

Harrison White
https://www.khmertimeskh.com/50793013/ppsp-says-shares-are-undervalued-in-buyback/

Cambodian mangoes now gaining popularity across Russian markets

Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/

CPP secure 504 provincial council seats, KWP take 47

The ruling Cambodian People’s Party (CPP) claimed an overwhelming 504 of the 559 capital/provincial council seats on offer in the May 26 elections. ...

Ry Sochan
https://www.phnompenhpost.com/national/cpp-secure-504-provincial-council-seats-kwp-take-47

Court Charges Official With Corruption Over Pension Scandal

The Kompong Cham Provincial Court on Saturday charged the chief of Srei Santhor district’s social affairs office with corruption following his arrest by the Anti-Corruption Unit (ACU) on Friday for withholding pensions and other bonuses from retired teachers, a court official said Tuesday. Provincial court deputy ...

Kuch Naren
http://www.cambodiadaily.com/news/court-charges-official-with-corruption-over-pension-scandal-47381/

Five Preah Vihear community representatives released after questioning over death threat allegations in long-standing land dispute

Preah Vihear Provincial Court last week questioned five community representatives from Prame commune over allegations that they had issued a death threat to a man who had been clearing contested land in Tbeng Meanchey district. ...

Phon Sotthyroth
https://cambojanews.com/five-preah-vihear-community-representatives-released-after-questioning-over-death-threat-allegations-in-long-standing-land-dispute/

NEC upholds convictions against opposition members for inciting spoiled ballots

The National Election Committee (NEC) upheld the decisions of provincial election officials Thursday, who had convicted four opposition members and activists for inciting spoiled ballots in the national election. ...

Khuon Narim
https://cambojanews.com/nec-upholds-convictions-against-opposition-members-for-inciting-spoiled-ballots/

Future Prime Minister Hun Manet promises to follow his father’s advice

A day after Prime Minister Hun Sen announced his son Hun Manet would take over the role in August, Hun Manet told the public on Thursday he would follow his father’s words. ...

Phon Sothyroth
https://cambojanews.com/future-prime-minister-hun-manet-promises-to-follow-his-fathers-advice/

Government gives 9,968 hectares in Botum Sakor National Park to Royal Group

Tycoon Kith Meng’s Royal Group company received 9,968 hectares inside Botum Sakor National park in Koh Kong province, according to a January 25 sub-decree signed by Prime Minister Hun Sen and published earlier this month. ...

Runn Sreydeth and Phon Sothyroth
https://cambojanews.com/government-gives-9968-hectares-in-botum-sakor-national-park-to-royal-group/

Environmental activists petition the Ministry of Environment to designate Koh Kong Krao as a marine national park

Environmental activists submitted a petition to the Ministry of Environment on August 23 requesting the ministry to designate Koh Kong Krao as a marine national park after the government granted rights to  Ly Yong Phat’s Koh Kong SEZ. ...

Sovann Sreypich
https://khmer.cambojanews.com/environmental-activists-submit-the-petition-to-em-to-designate-koh-kong-krao-as-marine-national-park/

Indigenous communities urge action on collective land titles

Just 38 indigenous communities out of 455 have received communal land titles since the government first made them available in 2009, with indigenous activists and rights groups bemoaning the notoriously slow process. ...

Son Sarak
https://cambojanews.com/indigenous-communities-urge-action-on-collective-land-titles/

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