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Central bank fines MFI for shady lending

The central bank announced on Friday that it has fined an unnamed microfinance institution (MFI) $100,000 for engaging in non-transparent lending practices. ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-bank-fines-mfi-shady-lending

Life in the dark amid broken power promises

In Svay Rieng province’s Bati commune, electricity poles and wires sprung up five years ago in Thnanh village but power still has not run through them, leaving villagers reliant upon batteries and most recently, solar panels. ...

May Titthara
http://www.khmertimeskh.com/5079925/life-dark-amid-broken-power-promises/

Cambodia wants GSP review

Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF) granted to the kingdom, as a less developed country, in order for its exports to have better preferential access to the North American market. ...

May Kunmakara
http://www.khmertimeskh.com/5080069/cambodia-wants-gsp-review/

Prahok makers seek GI status

Geographical indication status is being sought for Siem Reap prahok fish paste after the Industry Ministry granted approval for a national standard. Siem Reap prahok fish paste, made from fermented fish, is among many products in Cambodia that the government is working to get GI status. ...

Chea Vannak
http://www.khmertimeskh.com/5082459/prahok-makers-seek-gi-status/

PM approves headscarves in the workplace

Employers must allow all Muslim women to wear headscarves and traditional clothing to work, Prime Minister Hun Sen said yesterday. Addressing workers in Phnom Penh’s Meanchey district, Mr Hun Sen said he met Muslim women on a recent visit to Kampong Cham, who told him they ...

Sen David
http://www.khmertimeskh.com/5083772/pm-approves-headscarves-workplace/

Lenders foresee challenges in raising the local currency ratio

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-foresee-challenges-raising-local-currency-ratio

Families evacuated as flood waters rise

More than 300 families in Banteay Meanchey province’s Malai district were evacuated yesterday after their houses were inundated by floods. Other provinces were also affected by flooding as a low-pressure weather system crosses the country. ...

Mom Kunthear
http://www.khmertimeskh.com/5084577/families-evacuated-flood-waters-rise/

Setting minimum wages for workers in textiles, garments and footwear for 2018

On the afternoon of 05 October 2017, the Labor Advisory Committee had conducted the 17th Meeting, at the Ministry of Labour and Vocational Training, to continue reviewing and discussing on the results of the tripartite technical working groups and discuss setting a minimum wage for ...

Ministry of Labour and Vocational Training

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Teachers’ wage rally blocked

On the same day that Prime Minister Hun Sen gave a speech touting salary increases for teachers ahead of next year’s national election, about 20 Cambodian Independent Teachers’ Association (CITA) members were blocked from having a peaceful demonstration seeking just that. ...

Ben Sokhean, Yon Sineat and Yesenia Amaro
http://www.phnompenhpost.com/national/teachers-wage-rally-blocked

EU agrees to observe election

Cambodia has asked the European Union to send observers to monitor next year’s general election. Foreign Affairs Ministry spokesman Chum Sounry announced the move to the media yesterday after a meeting between Foreign Affairs Minister Prak Sokhonn and Werner Langen, head of a delegation from ...

Ros Chanveasna
http://www.khmertimeskh.com/5088386/eu-agrees-observe-election/

Direct flight boosts Japanese tourists

The first direct flight between Japan and Cambodia, which launched last year, has bumped up the number of Japanese tourists visiting the kingdom, helping the government edge closer to its goal of attracting 300,000 tourists from the East Asian nation by 2020, according to the ...

Chea Vannak
http://www.khmertimeskh.com/5090326/direct-flight-boosts-japanese-tourists/

Meat producers told to shape up

The government will not consider further reductions of import quotas for live pigs, nor will it ban imports of the livestock, a high-ranking official at the Ministry of Agriculture, Forestry and Fisheries (MAFF) recently said, adding that companies in the meat industry should rethink their ...

Sok Chan
http://www.khmertimeskh.com/5094594/meat-producers-told-shape/

Violent criminals among pardonees

Among the 50 prisoners who were pardoned or received sentence reductions for the Water Festival this year, several were convicted of serious crimes, such as rape, murder and human trafficking, according to a review of the roster included in the most recent Royal Book. ...

Niem Chheng
http://www.phnompenhpost.com/national/violent-criminals-among-pardonees

Chemical weapons org starts inquiry

A team from the Organisation for the Prohibition of Chemical Weapons arrived in Cambodia Sunday night, with officials saying they will investigate chemical weapons dropped by the United States during the Vietnam War. ...

Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national-politics/chemical-weapons-org-starts-inquiry

Report targets corrupt business

Transparency International Cambodia yesterday released its first Business Integrity Country Agenda assessment report, aimed at reducing corruption and improving the overall business environment in the country. ...

Khuon Narim
http://www.khmertimeskh.com/5096822/report-targets-corrupt-business/

Crackdown on logging has been a ‘success’: Bin Chhin

Deputy Prime Minister Bin Chhin oversaw a meeting on illegal logging in the northeast region of Cambodia, reportedly branding the Kingdom’s anti-logging crackdown a “success” despite evidence to the contrary. ...

Phak Seangly
http://www.phnompenhpost.com/national/crackdown-logging-has-been-success-bin-chhin

China order lifts rice imports for 2017

Cambodian rice exports in 2017 increased 17 percent by volume compared to the year before, with exporters pushing to fill orders under China’s expanded import quota while shipments to European markets remained steady, according to Agriculture Ministry figures. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/china-order-lifts-rice-imports-2017

Foreign minister lashes out at US over Khmer Rouge ‘support’

Foreign Minister Prak Sokhonn on Sunday criticised the United States government for allegedly failing to recognise Khmer Rouge-perpetrated genocide until recently, accusing the US of suppressing criticism of the Pol Pot regime. ...

Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national-politics/foreign-minister-lashes-out-us-over-khmer-rouge-support

First group of maids to Malaysia in June

Cambodia will send a group of maids to work in Malaysia in early June after the two countries signed a memorandum of understanding in 2015.Labour Minister Ith Samheng said he had met with Malaysian Human Resources Minister Dato’ Sri Richard Riot AnakJaem three times already ...

Mom Kunthear
http://www.khmertimeskh.com/50103954/first-group-of-maids-to-malaysia-in-june/

Prey Lang ceremony due next month

Nearly 400 members of the Prey Lang Community Network will hold the annual Prey Lang ceremony in late March to commemorate and preserve indigenous identities and promote the forest’s potential. Meanwhile, Prey Lang activists have claimed illegal logging still exists in the area, even though the ...

Pech Sotheary
http://www.khmertimeskh.com/50108639/prey-lang-ceremony-due-next-month/

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