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Budget for 2016 moves closer to passage in Nat'l Assembly

The $4.3 billion 2016 draft budget moved one step closer to adoption yesterday, as the ruling party-controlled parliamentary committee tasked with reviewing the document gave it the green light. ...

Vong Sokheng
http://www.phnompenhpost.com/national/budget-2016-moves-closer-passage-natl-assembly

Bangladesh ranks 125th out of 132 countries in GEI 2016

Bangladesh ranked 125th out of 132 countries on the Global Entrepreneurship Index (GEI) for 2016, five places up from last year. However, there is a great internal variance within the region: Australia’s Attitude score stands at 75.2, whereas Cambodia’s 10.6, which is the lowest in ...

Kayes Sohel
http://www.dhakatribune.com/business/2015/nov/15/bangladesh-ranks-125th-out-132-countries-gei-2016

CITIC wins $262m contract for building cement plant in Cambodia

China’s leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to build a $262 million cement plant in Cambodia. ...

Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/05/content_22636890.htm

Gov’t says Chinese gold mine in Mondolkiri needs local consent

An official at the Ministry of Mines and Energy has confirmed that a Chinese company is applying for a license to extract gold from a 100-hectare plot in Mondolkiri province, but insisted that the project would only go forward with the consent of local, small-scale ...

Kuch Naren
https://www.cambodiadaily.com/news/govt-says-chinese-gold-mine-in-mondolkiri-needs-local-consent-103029/

Cambodian locals oppose installation of border markers in Tbong Khmum province

The installation of five “satellite markers” by a joint Cambodia-Vietnam border committee near a controversial border area on Monday has drawn criticism from Cambodian residents and local authorities who say the move was done without prior notification in the latest territorial incident between the two ...

Saut Sokheng and Morm Moniroth
http://www.rfa.org/english/news/cambodia/cambodian-locals-oppose-installation-of-border-poles-in-tbong-khmum-province-12172015163822.html

Two await trial for breach of court order in land dispute

Two women were arrested on Friday for allegedly breaching a court order related to an ongoing dispute over 1,000 hectares of land they live on along with 165 other families in Kompong Speu province’s Phnom Sruoch district.   ...

Sek Odom
https://www.cambodiadaily.com/news/two-await-trial-for-breach-of-court-order-in-land-dispute-109794/

Social media users in a flap as hundreds of bats die

Hundreds of dead bats were found inside Siem Reap’s Phnom Bouk temple in Banteay Srey district after district police and environmental officers were notified by local residents on Tuesday. ...

Pav Suy
http://www.khmertimeskh.com/news/24097/social-media-users-in-a-flap-as-hundreds-of-bats-die/

South China Sea likely to feature at ASEAN Summit in Laos

Prime Minister Hun Sen today leads a delegation of high-level officials to Laos for the start of the 29th ASEAN Summit. The event is considered of special import as it comes in the wake of a July international court ruling that determined the so-called “nine-dash line” ...

Cristina Maza
http://www.phnompenhpost.com/national/south-china-sea-likely-feature-asean-summit-laos

Failure of dams leads to flooding in Phnom Penh, Kampong Speu

Thousands of homes in Phnom Penh and Kampong Speu have been flooded after three dams were seriously damaged following two weeks of torrential rain and warnings from government officials. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/failure-dams-leads-flooding-phnom-penh-kampong-speu

Casinos pay $37.4M in tax during first 9 months

Tax revenue from Cambodia’s 69 licensed casinos reached $37.4 million for the first nine months of the year, growing 35.5 percent compared to the same period last year, according to a report from the Ministry of Economy and Finance. ...

Post Staff
http://www.phnompenhpost.com/business/casinos-pay-374m-tax-during-first-9-months

Central Bank puts 40B riel up for bid in LPCO

The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...

Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco

Cambodia lifts 6-year ban on maids working in Malaysia: Minister

Cambodia has lifted its six-year ban on citizens going to Malaysia to work as maids, said Malaysia’s Human Resources Minister Richard Riot on Thursday (May 25). Riot said the decision was reached ”on the spot” during his meeting with his Cambodian counterpart in Phnom Penh ...

Channel News Asia Staff
http://www.channelnewsasia.com/news/asiapacific/cambodia-lifts-6-year-ban-on-maids-working-in-malaysia-minister-8882602

Over 30 Chinese nationals arrested in latest VoIP scam crackdown

Thirty-one Chinese nationals were arrested in three districts of Phnom Penh on Monday in the latest police crackdown on alleged fraudsters accused of operating a scam using Voice over Internet Protocol (VoIP), according to a police report supplied by an immigration official. ...

Rachna Thim
https://www.cambodiadaily.com/second2/30-chinese-nationals-arrested-latest-voip-scam-crackdown-132629/

Cambodia's famed Angkor earns nearly 76 mln USD in 9 months

Revenue from ticket sales to foreigners visiting Cambodia’s Angkor archaeological park hit 75.7 million U.S. dollars in the first nine months of 2017, up 70 percent compared to the same period last year, according to a press release on Sunday. ...

Yurou
http://news.xinhuanet.com/english/2017-10/01/c_136653210.htm

Government order to display prices in riel currency fails to stick

A government prakas that requires all businesses to post prices of their goods and services in the local riel currency has had little impact on pricing practices, with the vast majority of businesses in Cambodia continuing to quote prices in US dollars and authorities showing ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-order-display-prices-riel-currency-fails-stick

US says more sanctions on table in response to political crackdown

Visiting US State Department official W Patrick Murphy yesterday warned that further punitive action could be forthcoming in response to the government’s recent crackdown on the main opposition, while repeatedly pointing to the US’s warm relationship with the people of Cambodia – if not their ...

Andrew Nachemson
http://www.phnompenhpost.com/national-politics/us-says-more-sanctions-table-response-political-crackdown

Cambodia's Hun Sen appoints son-in-law to senior police post

Cambodia’s Prime Minister Hun Sen has appointed his son-in-law as deputy national police chief, in a move apparently aimed at consolidating his power ahead of an election this year. ...

Prak Chan Thul
https://www.reuters.com/article/us-cambodia-politics/cambodias-hun-sen-appoints-son-in-law-to-senior-police-post-idUSKBN1F70RE

Chinese investment in Cambodian province pushes up crime rate, says governor

China’s growing presence and investment in a fast-developing Cambodian port and province have pushed up the crime rate and brought instability, its governor said in a letter to the government. ...

Prak Chan Thul
https://www.reuters.com/article/us-cambodia-china/chinese-investment-in-cambodian-province-pushes-up-crime-rate-says-governor-idUSKBN1FF0XP

Railway families deliver petition to PM seeking reduction in land takeover

The protesters represent a community of over 1,000 families living along a railway in the capital’s Russey Keo district. Plans to replace the track with a new, broader road will displace people in three communes. The new road and accompanying sidewalks would be 60 metres ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/railway-families-deliver-petition-pm-seeking-reduction-land-takeover

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