Ghosts in the machine
Private firms say costs, delays and bureaucratic red tape have increased since an obscure private company took over the government’s work-permit application and issuance system in September. The Ministry of Labour announced in August that it had outsourced work permit application processing to E-Solutions (Cambodia) Co ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/ghosts-machine
Single-visa initiative puts Myanmar flights on course
Myanmar’s Ministry of Tourism is pushing forward with the implementation of a “two countries, one destination” campaign that hinges on establishing direct flights between the historic cities of Bagan and Siem Reap. The campaign’s single-visa programme would allow tourists holding either a Myanmar or Cambodia ...
Kali Kotoski
http://www.phnompenhpost.com/business/single-visa-initiative-puts-myanmar-flights-course
Ponzi scheme victims seek Hun Sen’s help
About 300 people from 11 provinces gathered at Prime Minister Hun Sen’s cabinet near Wat Botum pagoda yesterday to ask for help in their ongoing dispute with Empire Big Capital Limited, an investment company that cheated thousands of victims out of nearly $60 million. In May ...
Pech Sotheary
http://www.khmertimeskh.com/50109477/ponzi-scheme-victims-seek-hun-sens-help/
Village representative arrested in LYP dispute
A villager representing 50 families in a long-running dispute with a company owned by ruling party Senator Ly Yong Phat is in pre-trial detention after his Saturday arrest for allegedly installing boundary markers on disputed company land. Lay Tiro, deputy head of the felonies office at ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/village-representative-arrested-lyp-dispute
Thailand’s Amata eyes Cambodia
Thailand’s Amata Corporation Plc., which is the country’s largest listed conglomerate in the industrial estate sector, is keen to set up a special economic zone (SEZ) in Cambodia due to the Kingdom’s strategic geographical location in the Greater Mekong Sub-region. The plan was announced on Sunday ...
Chea Vannak
http://www.khmertimeskh.com/news/30602/thailand---s-amata-eyes-cambodia/
NGO: development hurting residents
An NGO is taking aim at development companies in a new report detailing the troubling tactics of construction companies forcibly evicting residents of Phnom Penh. The study, released yesterday, showed that among 77 sites since 2011 throughout Phnom Penh where residents were evicted so their building ...
Pech Sotheary
http://www.khmertimeskh.com/news/33111/ngo--development-hurting-residents/
WB: Cambodians still vulnerable
While the World Bank commended Cambodia for its strong economic growth and efforts to reduce poverty over the past two decades, it, however, cautioned yesterday that the agriculture and garment sectors posed challenges which could make that growth unsustainable. “An overview of the past two decades, ...
Chea Vannak
http://www.khmertimeskh.com/news/33166/wb--cambodians-still-vulnerable/
Chhin chides ministry on ELCs
Deputy Prime Minister Bin Chhin, the Kingdom’s top authority in charge of resolving land disputes, slammed the Ministry of Agriculture over “shameful” irregularities in granting economic land concessions at the Environment Ministry’s annual meeting yesterday.During yesterday’s meeting, Chhin accused the Ministry of Agriculture of granting ...
Phak Seangly
http://www.phnompenhpost.com/national/chhin-chides-ministry-elcs
China makes five proposals on securing shared future for Lancang-Mekong
Premier Li Keqiang on Wednesday called on five nations living on the Lancang-Mekong River to consolidate political will and deepen economic ties to promote regional peace and sustainable development. China is willing to work with others to strengthen the Lancang-Mekong Cooperation (LMC) as China benefits ...
Xinhua
http://www.xinhuanet.com/english/2018-01/11/c_136886297.htm
New Generation Pedagogical Research Centre inaugurated
The Ministry of Education, Youth and Sport on Thursday inaugurated the New Generation Pedagogical Research Centre (NGPRC), located at the National Institute of Education. ...
Voun Dara
https://www.phnompenhpost.com/national/new-generation-pedagogical-research-centre-inaugurated
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 ...
Soft loan from Sweden
Sweden loaned Cambodia US$57 million yesterday for economic country development and cooperation for the duration of 2012-2013. The agreement was made between Cambodia’s Economic Minister Keat Chhon and Swedish ambassador to Cambodia Anne Hoglund at the Council for the Development of Cambodia (CDC) yesterday morning. Keat Chhon ...
May Kunmakara
http://www.phnompenhpost.com/index.php/2012090658528/Business/soft-loan-from-sweden.html
Backgrounder: Operating, negotiating FTA agreements with APEC economies
Member economies of the Asia-Pacific Economic Cooperation forum (APEC) are striving to forge a regional free trade facility to be known as FTAAP (Free Trade Area of Asia-Pacific) AFTA (ASEAN Free Trade Area) – signed in January of 1992, it covers all 10 ASEAN members of ...
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
Cambodia's food service industry gains new player
Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation. Triasia Group also aims at being ...
Koh Pich to host ASEAN dinner
The new function building at Diamond Island known as Koh Pich City Hall will host the ASEAN Foreign Minister’s dinner on July 12. Completed in March and opened last month, construction of the lavishly furnished venue was timed to coincide with Cambodia’s chairmanship of ASEAN this ...
http://www.phnompenhpost.com/index.php/2012053156497/Business/koh-pich-to-host-asean-dinner.html
Role small, memory cloudy, former KRouge banker tells court
For six hours yesterday at the Khmer Rouge tribunal, Sar Kimlomouth, who served as deputy director general of the state bank, consistently downplayed both his level of authority within the department and his ability to recall information from so long ago. Throughout the day’s proceedings, lawyers ...
Bail for Kratie land activists
Five of the eight villagers arrested during a bloody crackdown last month on what the government alleged was a secessionist movement in Kratie province are out on bail. Chuk Nguon, an investigating judge at Kratie Provincial court, said five menwere released on May 31 because ...
Over 300 Cambodian protesters demand Laos to halt construction of Xayaburi dam
Over 300 Buddhist monks and Cambodian residents who live along Mekong River in Kampong Cham province, about 120km from Phnom Penh, gathered in the provincial town to demand for Laos to halt the construction of Xayaburi dam. “We want the Lao government to stop the construction of Xayaburi dam because it will affect the ...
Recruitment Agency Director Charged With Fraud
The Siem Reap Provincial Court charged the director of a recruitment agency with fraud for allegedly taking money from victims in exchange for promising jobs in the U.S., a court official said yesterday. “Bich Bunara, head of the recruitment agency, was charged with fraud and another ...