Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank
Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...
Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376
Rainsy slams informal EU monitors
Opposition leader Sam Rainsy has rebuked the European Union over two low-profile election experts it sent to monitor July’s elections, claiming their presence had undermined Cambodian democracy. In a letter sent on Tuesday to Ugu Astuto, the EU’s top diplomat for South and Southeast Asia, Rainsy ...
Meas Sokchea and Kevin Ponniah
http://www.phnompenhpost.com/national/rainsy-slams-informal-eu-monitors
Gov’t orders halt to Koh Pich expansion
The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...
Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/
Royal Group Says Cambodia Air Still on Track
Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/
Man acquitted of 2007 murder of union leader Hy Vuthy
The Phnom Penh Municipal Court on Thursday acquitted Chan Sophon of the 2007 murder of union leader Hy Vuthy, overturning a 2012 conviction and an 18-year jail sentence that rights groups and Mr. Vuthy’s own union believe was cover for the real perpetrators. The judge ...
Eang Mengleng
http://www.cambodiadaily.com/news/man-acquitted-of-2007-murder-of-union-leader-hy-vuthy-51637/
Ten million riel reward for forest arsonists
The Siem Reap provincial Department of Agriculture, Forestry and Fisheries said it will offer a 10 million riel ($2,500) reward to those who proviDe information regarding the suspects responsible for setting ablaze more than 20ha of kranhuong timber forest land in Banteay Srei district. Department ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ten-million-riel-reward-forest-arsonists
Unions seek changes to labour law
Union leaders are calling for 10 changes to be made to the draft law that will regulate them, including allowing civil servants to form unions, they said yesterday, following a letter calling for two ministers to intervene late last week. The Cambodian Trade Union Coordination Council ...
‘Fake news’ fuels smog fears
The Ministry of Environment has said concerns over Phnom Penh’s air quality are being fuelled by “fake news” on social media sites by companies aiming to promote the sale of air quality testing kits. “There has been a lot of fake news claiming that air ...
Husain Haider
https://www.phnompenhpost.com/national/fake-news-fuels-smog-fears
Citizens and civil society hailed Sihanouk provincial authorities demolished stone fence surrounding Beach
The provincial Governor of Sihanoukville claimed that the relevant authorities is implementing the content of the coastal development plan of the government of Cambodia to be more effective for benefit to the tourism sector and to the public use of the beach as it used ...
Den Ayuthyear
http://www.rfa.org/khmer/news/land/NGO-Villagers-appreciate-the-authorities-demolished-walls-along-the-beach-02072016042101.html
NGOs slam the new Mekong dam
Environmental organizations and civil society groups have expressed concern at plans to build another dam along the Mekong River in Laos and asked the Lao government to suspend the project due to the effects it will have on communities, water flow and fishery resources in ...
Pech Sotheary
http://www.khmertimeskh.com/news/35615/ngos-slam-the-new-mekong-dam/
Development actors bet on political power shift to save Cambodia's forgotten forest
Recently, Cambodia’s prime minister signed a series of decrees placing the responsibility of Prey Lang protection with the Ministry of Environment and provincial governments. It’s a promising change, development professionals and conservation activists tell devex, as a combination of stronger national and local government cooperation ...
Kelli Rogers
https://www.devex.com/news/development-actors-bet-on-political-power-shift-to-save-cambodia-s-forgotten-forest-89395
UN rolls out fund for women-led firms
Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...
May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms
CDC okays 11 projects in January
The Council for the Development of Cambodia (CDC) in the first month of this year approved 11 investment projects worth over $43 million and that are expected to generate 7,854 jobs, it said via social media. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-11-projects-january
Teachers, parents urged to promote online education
The Ministry of Education, Youth and Sport continues to advise teachers and parents of students to encourage study through e-learning by accessing lessons from the ministry’s website and social media. ...
Voun Dara
https://www.phnompenhpost.com/national/teachers-parents-urged-promote-online-education
Bakong-powered transactions soar
Digital payments are becoming crucial to the management of daily expenses, especially during Covid-19 when social distancing is the norm, according to National Bank of Cambodia (NBC) director-general Chea Serey. ...
May Kunmakara
https://www.phnompenhpost.com/business/bakong-powered-transactions-soar
Hun Many: ‘I again appeal to all to increase high alertness’ on Omicron
In a message on social media posted today, the Prime Minister’s son, HE Hun Many, called on Cambodians to increase their vigilance and continue to implement health measures as the number of cases of COVID-19 is increasing day by day. ...
Khmer Times Staff
https://www.khmertimeskh.com/501028390/hun-many-i-again-appeal-to-all-to-increase-high-alertness-on-omicron/
King hopes new gov’t will boost economic growth
The new Royal Government under the leadership of Prime Minister Hun Manet will continue to boost the national economic growth, improve the living standard of the citizens and commit to developing and strengthening the social protection system, said King Norodom Sihamoni. ...
Nhean Chamrong
https://www.khmertimeskh.com/501346713/king-hopes-new-govt-will-boost-economic-growth/
GDT rejects “misleading” information spread about CGT
The General Department of Taxation (GDT) has rejected claims maDe on social media about the taxation of capital gains, claiming the misleading information is “slanDerous”and it is committed to transparent and responsible taxation practices. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-gdt-rejects-misleading-information-spread-about-cgt
‘Strong Family Campaign’ to stamp out child abuse
The Ministry of Social Affairs, Veterans and Youth Rehabilitation and partner organisations co-launched the “Strong Family Campaign” in Preah Sihanouk province to raise awareness about and eliminate all forms of violence against children. ...
Lay Samean
https://www.phnompenhpost.com/national/strong-family-campaign-stamp-out-child-abuse
NEC warns against campaigns to discourage voting
The National Election Committee (NEC) has warned that it would take action against individuals campaigning through leaflets or social media posts calling on people to spoil their ballots or not to go to the polls. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501304275/nec-warns-against-campaigns-to-discourage-voting/