Cambodia holds back on AIIB loans
Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. ...
Sok Chan
http://www.khmertimeskh.com/news/38413/cambodia-holds-back-on-aiib-loans/
Cambodians unconcerned by threats of violence ahead of election
Political campaigning in Cambodia’s local elections began on Saturday and has so far passed without incident. Cambodians in Phnom Penh on Monday said they hoped that the election could be conducted fairly and free of violence. Sim To, a second-year student at Paññāsāstra University of Cambodia, ...
Kann Vicheika
http://www.voacambodia.com/a/cambodians-unconcerned-by-threats-of-violence-ahead-of-election/3869453.html
Thirteen more White Building families accept compensation
The Ministry of Land Management yesterday convinced another 13 White Building families to accept compensation packages and vacate the site ahead of a major redevelopment project, leaving just 28 holdouts who continue to reject the terms. ...
Kong Meta
http://www.phnompenhpost.com/national/thirteen-more-white-building-families-accept-compensation
Speed Pay has plans for cash in a digital age
Speed Pay Plc, a newly licensed electronic payments service provider (PSP), is gearing up to join the ranks of mobile platforms tapping into Cambodia’s nascent digital payment sector. ...
Hor Kimsay
http://www.phnompenhpost.com/business/speed-pay-has-plans-cash-digital-age
Tropical storm brings flood warning
The Ministry of Water Resources and Meteorology yesterday issued a warning that an impending tropical storm may inundate the Tonle Sap and Mekong river, causing floods to neighbouring communities. ...
Mom Kunthear
http://www.khmertimeskh.com/5065734/tropical-storm-brings-flood-warning/
Fisheries earnings on the rise
Cambodia’s fisheries sector that plays a vital role in food security and improving nutrition, generated a slightly improved income of more than $275,000 in the first half of the year, according to a report released by the Ministry of Agriculture, Forestry and Fisheries yesterday. ...
Sok Chan
http://www.khmertimeskh.com/5073695/fisheries-earnings-rise/
Interior Ministry issues one-window service regulations
The Ministry of Interior has issued new regulations to stamp out corruption at one-window services across the country, where residents go to have public documents certified. The order was signed on Tuesday by Interior Minister Sar Kheng, and is aimed at ensuring quality, transparency and accountability ...
Pav Suy
http://www.khmertimeskh.com/5077728/interior-ministry-issues-one-window-service-regulations/
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
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