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Risky new lending service offers quick cash for a price

Sok Rasmey (not his real name) works for an NGO in Phnom Penh with a salary of $350 a month. This is usually enough to cover his modest living costs, but when urgent expenses arise, he often looks to borrow to cover his costs. Ashamed ...

Kun Kourchettana
http://www.phnompenhpost.com/business/risky-new-lending-service-offers-quick-cash-price

Loans offer for rice harvest

The government has injected another $23 million through the Rural Development Bank (RDB) to provide loans to rice mills and exporters who lack working capital to buy rice from farmers in the up-coming harvest season and stabilise the rice price. ...

Sok Chan
http://www.khmertimeskh.com/5077015/loans-offer-rice-harvest/

Fit for the future

As Cambodia continues to develop, information technology skills are increasingly in demand, especially as the government seeks to diversify the economy and bring in companies which will need staff with strong high-tech skills. To that end, last month the Royal University of Phnom Penh (RUPP), in cooperation with the Cisco ...

Dr Hun Manet committed to serving the nation and protecting the throne

Dr Hun Manet, newly appointed Prime Minister of the Kingdom of Cambodia, has been committed to serving the nation, defending the national independence, and protecting the throne and the constitutional monarchy in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501338826/dr-hun-manet-committed-to-serving-the-nation-and-protecting-the-throne/

Damning revelations

An environmental group has accused the Lao government of “unilaterally” pushing forward with construction on the controversial US$3.8 billion Xayaburi dam on the Mekong River, despite serious concerns about the project and an incomplete regional decision-making process.  In a statement released yesterday,  conservation group International ...

http://www.phnompenhpost.com/index.php/2011080550883/National-news/damning-revelations.html

More fishermen repatriated

Another 30 Cambodian men among 65 rescued in Indonesia after being trafficked into work on fishing boats in Thailand were repatriated to the Kingdom yesterday, following the return of 30 such workers last week. The remaining five workers are set to be repatriated next month, Chiv ...

http://www.phnompenhpost.com/index.php/2011121353326/National-news/more-fishermen-repatriated.html

Property tax questions asked

Cambodia’s property tax is to come into effect next month, though experts say the levy is not widely understood and may be too early. The property tax will initially focus on the capital’s properties, comprising an annual payment calculated of 0.1 percent of the value ...

http://www.phnompenhpost.com/index.php/2011080450860/Special-Supplement/property-tax-questions-asked.html

K Thom Authorities Prevent NGO Workshop

Authorities in Kompong Thom province yesterday forced a pagoda to withdraw its invitation to host a workshop about forest protection, continuing their pressure on two NGOs that provide community legal education in the province, a monk and NGO worker said. Chin Neth, chief monk at ...

South China Sea Will Not Surface at Asean

Cambodia, in its role as Asean chair, has decided that the thorny issue of the South China Sea will not be on the agenda at next month’s Asean Summit in Phnom Penh, CPP lawmaker Cheam Yeap announced yesterday. “Cambodia is a neutral country, and based on ...

Voices divided pre-ASEAN

Protecting human rights, especially those of Cambodian migrant workers traversing borders to countries such as Malaysia, dominated discussions at yesterday’s ASEAN Peoples’ Forum, one of two competing pre-summit forums that claim to be giving a voice to Cambodians. Speaking at yesterday’s forum, Seng Sakda, director-general ...

http://www.phnompenhpost.com/index.php/2012032955323/National-news/voices-divided-pre-asean.html

Insurance urged for CSX listings

The Ministry of Economy and Finance yesterday urged companies intending to list on the Cambodia Securities Exchange (CSX) to buy insurance to bolster public confidence. Vice President Bo Chanpiro of the Financial Industry Department of the Ministry of Economy and Finance said the finance sector relies not only ...

http://www.phnompenhpost.com/index.php/2012090658524/Business/insurance-urged-for-csx-listings.html

ASEAN senior officials meet ahead of 30th ASEAN Ministers on Energy Meeting

ASEAN senior officials on energy gathered here on Monday to discuss and prepare documents for the 30th ASEAN Ministers on Energy Meeting and related meetings to be held on Sept. 12. The two-day preparatory meeting, under the theme “ASEAN Green Connectivity”, was chaired by Tun ...

http://news.xinhuanet.com/english/world/2012-09/10/c_131841006.htm

Cambodia Asks China to Fund Power Cables

Two weeks after Prime Minister Hun Sen returned from China with more than half a billion dollars in new loans and grants, Cambodia once again asked Beijing for money on Thursday. In a bilateral discussion held alongside this week’s series of meetings between Asean energy ministers, ...

French government injects $74 million loan to support social and economic development projects in Cambodia

French government through French development agency will give $74million loan to Cambodia to support social and economic development in the kingdom, according to a senior official said today. Director General of French Agency for Development (Agence Française de Développement -AFD) Mr Dov Zera will travel to ...

http://thesoutheastasiaweekly.com/?p=5679

Study to determine cost to finish railway

With funds almost exhausted on the $140 million rehabilitation of Cambodia’s railway network, the government and the Asian Development Bank (ADB) have decided to conduct a study to determine how much more money is needed to complete the project, a government consultant said yesterday. Paul Power, ...

Job security low as unemployment drops

The International Labour Organisation (ILO) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...

http://www.phnompenhpost.com/index.php/2012080357786/Business/job-security-low-as-unemployment-drops.html

Fretting 'ASEAN-alisatinon'

The vision regional leaders have for an ASEAN Economic Community by 2015 may become clearer after this week’s Economic Ministers meeting in Siem Reap, but not everyone has a rose-coloured view of what such integration might mean for Cambodia. Students who have not mastered the ...

http://www.phnompenhpost.com/index.php/2012082758305/National-news/cambodian-students-fear-losing-jobs-to-asean-neighbours.html

Vietnamese firms eye overseas investment

Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...

http://vietnamnews.vn/economy/237176/vietnamese-firms-eye-overseas-investment.html

Garment Sector Stable Despite Workers Leaving Jobs

The Garment Manufacturers Association in Cambodia (GMAC) yesterday said a recent exodus of workers from factories in Phnom Penh to the provinces over concerns related to a recent military build up in the capital would not threaten stability in the sector. Ken Loo, secretary-general of GMAC, ...

http://www.cambodiadaily.com

Fears SL strike could get ugly

Union officials fear violence that occurred at two separate rallies in front of the SL Garment Processing (Cambodia) Ltd factory last week will continue at one scheduled this morning. About 10 SL strikers were injured during demonstrations on Thursday and Friday, when uniformed and plain-clothes SL ...

Sean Teehan
http://www.phnompenhpost.com/national/fears-sl-strike-could-get-ugly

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