Royal Group affirms its commitment to ANZ
Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/
Businesses in Sihanoukville told to clean up
Preah Sihanouk provincial authorities and relevant departments have asked businesses and tour operators in Sihanoukville to enhance the city’s beauty and prevent sewage from flowing into the sea, while warning of administrative measures for those failing to comply. A notice concerning order at Ochheuteal Beach was ...
Pech Sotheary
http://www.khmertimeskh.com/50110699/businesses-sihanoukville-told-clean/
Capital tipped for ‘resilient city’ program
Phom Penh was selected on Wednesday as one of 35 cities joining a $100 million “resiliency” program meant to strengthen urban centres’ abilities to respond to shocks and stresses, including climate change, natural disasters, pollution and resource scarcity. “The intense growth occurring and projected for ...
Laignee Barron, Sarah Taguiam and Taing Vida
http://phnompenhpost.com/national/capital-tipped-%E2%80%98resilient-city%E2%80%99-program
Railway protesters seek talks
More than 100 residents living in Por Sen Chey district’s Ka Kab commune yesterday burned tyres while protesting over the construction of a railway that will lead to the Phnom Penh International Airport, claiming that people were not given notice of the construction. ...
Pech Sotheary
http://www.khmertimeskh.com/5073738/railway-protesters-seek-talks/
Street vendors kicked off the kerb in Phnom Penh
City Hall yesterday renewed a call to enforce a ban on vendors occupying public streets and parks in the capital, with a group of nearly 40 sellers based near the Council of Ministers headquarters responding with a petition to the municipality opposing the move. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/street-vendors-kicked-kerb-phnom-penh
After charges laid, turkish stabbing suspect attempts to flee
A Turkish man who survived a drive-by shooting in Sihanoukville only to be arrested less than 24 hours later over an earlier stabbing incident was charged by the Preah Sihanouk Provincial Court on Sunday—after which he attempted to flee while still in handcuffs. ...
Ben Sokhean
https://www.cambodiadaily.com/news/after-charges-laid-turkish-stabbing-suspect-attempts-to-flee-78879/
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
NBC receives 306 financial complaints last year
The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...
Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/
Bavet City garment strikes gain momentum
Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...
Mech Dara
http://www.cambodiadaily.com/news/bavet-city-garment-strikes-gain-momentum-57447/
Disabled musicians get three areas to perform
Phnom Penh City Hall has decided to allocate three places for disabled musicians to play instead of along public streets or at markets. Phnom Penh governor Pa Socheatvong said on his Facebook page on Friday after meeting with a representative of the disabled musicians that City ...
Mom Kunthear
http://www.khmertimeskh.com/news/34593/disabled-musicians-get-three-areas-to-perform/
Unions say gov’t blocking branch registrations
In March, the Ministry of Labor for the first time began requiring union leaders to submit proof they had no previous criminal convictions before they would be allowed to register a new union or local branch. Now, the country’s leading unions say worker representatives are struggling ...
Mech Dara
http://www.cambodiadaily.com/news/unions-say-govt-blocking-branch-registrations-66958/
City Hall to block streets for sewage system repairs
Phnom Penh Governor Khuong Sreng has announced that some streets in Sen Sok and Meanchey districts will be blocked for 70 days for the installation of bigger sewage drainage systems to prevent flooding. “City Hall will install sewage drainage systems on Street 5C, which links ...
Mom Kunthear
https://www.khmertimeskh.com/50609106/city-hall-to-block-streets-for-sewage-system-repairs/
City hits brakes on illegal gas
The Phnom Penh government is planning to take action against illegal petrol stations around the city, and has counted 205 of them so far. Chreang Sophan, Phnom Penh deputy governor, said at the opening of a Total station in Tuol Kork district on Monday that the ...
Sen David
http://www.phnompenhpost.com/national/city-hits-brakes-illegal-gas
Government doles out around eight billion riels to clean up cities
Ministry of Environment secretary of state and spokesman Neth Pheaktra said that the Royal Government spent around eight billion riels (approx. $1,944,106) in a year to clean up 28 cities throughout the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501142245/government-doles-out-around-eight-billion-riels-to-clean-up-cities/
Direct flights soon from X’ian city
There will soon be direct flights to Cambodia from X’ian city in China’s Shaanxi province to meet the growing demand of Chinese tourists, said Tourism Minister Thong Khon yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/5077009/direct-flights-soon-xian-city/
Cambodia's only listed company predicts 12 pct rise in profit this year
Phnom Penh Water Supply Authority (PPWSA), the single listed company on the Cambodia Security Exchange (CSX), expected a 12 percent surge in profit in 2014, a senior official said Thursday. ...
ASEAN - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/25/c_133290108.htm
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...
Tuk-Tuk, Motorbike Drivers Want Vehicles Back
A dozen tuk-tuk and motorcycle-taxi drivers who say their vehicles were confiscated after police suppressed a demonstration in Phnom Penh last week gathered outside City Hall on Wednedsay to demand the return of their property. The drivers waited from 12 p.m. until 5 p.m. hoping to ...
Mech Dara
http://www.cambodiadaily.com/news/tuk-tuk-motorbike-drivers-want-vehicles-back-51555/
Plans Underway for Overpass, Extension of Riverside
City Hall met with urban planning experts and officials from relevant ministries Tuedsay to discuss building a new overpass on Russian Boulevard, near the Institute of Technology, and extending the existing paved walkway along Phnom Penh’s riverside to Koh Pich bridge, according to Chrean Sophann, ...
Ouch Sony
http://www.cambodiadaily.com/news/plans-underway-for-overpass-extension-of-riverside-62946/
Legal policy on marginalised groups finished by gov’t, EU
Ministry of Justice and the European Union (EU) experts have finalised the draft policy to provide legal aid to marginalised groups in rural areas in the Kingdom. The ministry and the EU completed the draft during their Technical Support for Legal Aid Policy Development workshop ...
Voun Dara
https://www.phnompenhpost.com/national/legal-policy-marginalised-groups-finished-govt-eu