Khmer specialized bank opens
Khmer Specialized Bank, a subsidiary of Khmer Holding Group, was officially inaugurated to offer financial services to Cambodians yesterday, with $21 million worth of investment capital and becoming the 13th specialized bank in Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/news/25178/khmer-specialized-bank-opens/
Malaysian firm to list on Cambodian stock market
Cambodia’s fledgling stock exchange could receive a much-needed boost after Malaysian-owned power infrastructure provider Pestech Cambodia officially submitted its application for an initial public offering on the CSX, industry insiders said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/malaysian-firm-list-cambodian-stock-market
Fee protection plea for Hong Kong workers
Spokesmen for the Cambodian and Hong Kong governments are urging agencies not to charge excessive fees to Cambodian domestic helpers wanting to work in Hong Kong and offered reassurance that their rights would be protected. ...
Mom Kunthear
http://www.khmertimeskh.com/5077731/fee-protection-plea-hong-kong-workers/
Talks narrow gap in minimum wage
Union negotiators on the minimum wage for garment, textile and footwear workers have lowered their claim from $176.26 per month to $175 while the employers have increased their offer from $161 to $161.50. ...
Mom Kunthear
http://www.khmertimeskh.com/5084033/talks-narrow-gap-minimum-wage/
In Mondolkiri Province, Asian Wild Elephants Are Thriving
New York-based organization Wildlife Conservation Society (WCS) has released some remarkable footage of wild Asian elephants in Mondolkiri’s Seima district that offers a rare view of the endangered species in its natural habitat. ...
Lauren Crothers
http://www.cambodiadaily.com/news/in-mondolkiri-province-asian-wild-elephants-are-thriving-19970/
Viet Nam wins Philippines' rice supply deal
Viet Nam won a bid for rice supply to the Philippines late last week, with an offer of US$410.12 per tonne, according to the Philippines’ National Food Authority (NFA). ...
Viet Nam News Staff
http://bit.ly/1T8igmp
Boycott of Virak Buntham bus company launched
In the face of growing criticism and calls for a boycott of their services, Virak Buntham bus company has offered compensation to a customer who says he was robbed on a Siem Reap to Sihanoukville sleeper bus. ...
Jack Laurenson
http://www.khmertimeskh.com/news/14989/boycott-of-virak-buntham-bus-company-launched/
New twist in Cambodian sugar firm saga
Taiwanese food supplier Ve Wong, one of two sugar company owners locked in a long-running battle with villagers in Koh Kong’s Sre Ambel district, has made an eyebrow-raising offer – to give the disputed land back. The company’s offer, posted to the non-profit Business and Human ...
Apsara mulls hike for Angkor Wat tickets
The Apsara Authority, the government entity that manages the ancient temple complex at Angkor, is studying the possibility of increasing ticket prices, stating that current prices are “low” when compared with similar destinations in other countries. Apsara is considering conducting a study as well to ...
Chan Muyhong
http://www.phnompenhpost.com/business/apsara-mulls-hike-angkor-wat-tickets
Child sex trade on decline: org
A new study by the International Justice Mission (IJM) has asserted that Cambodia’s child sex trade – long a hot-button issue that has for years drawn international attention – has been reduced to a tiny fraction of its previous size. A statement from IJM that accompanied ...
Ethan Harfenist
http://www.phnompenhpost.com/national/child-sex-trade-decline-org
India trade tumbles 26% in 2020
The trade value between Cambodia and India saw a dramatic 25.81 percent reduction last year to $190.13 million from 2019’s $256.26 million as the Kingdom embarked on a feasibility study for a free trade agreement (FTA). ...
Hin Pisei
https://www.phnompenhpost.com/business/india-trade-tumbles-26-2020
Minister: Agribusiness ripe with opportunities
Minister of Agriculture, Forestry and Fisheries Dith Tina advised students studying economics at CamEd Institute to keep an open mind about what to study and which expertise to acquire, encouraging them to consider agribusiness. ...
Rann Reuy
https://www.phnompenhpost.com/business/minister-agribusiness-ripe-opportunities
New year pardons delayed to Visak Bochea day
The Ministry of Justice has announced that Royal pardons and reductions of prison sentences have been pushed back to Visak Bochea Day in May, as a result of prisons not offering enough information about potential candidates. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/23812/new-year-pardons-delayed-to-visak-bochea-day/
Livelihood incentive for workers as industrial park enters JV
Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...
Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv
Livelihood incentive for workers as industrial park enters JV
Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...
Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv
Cambodia taps Japanese blockchain tech for payment system
The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money. ...
Family, firm still at odds over land
While one of the two Phnom Penh families embroiled in a long-running land dispute with the Khun Sear Import Export Company this week accepted a compensation offer, the other says it has no plans to back down. ...
Chhay Channyda
http://www.phnompenhpost.com/national/family-firm-still-odds-over-land
Positive outlook for the giant ibis: conservationists
Experts involved in the protection of Cambodia’s national bird, the giant ibis, have lauded the successes of an ongoing conservation scheme, and offered cause for optimism that the animal can overcome its current status as critically endangered. ...
Charles Parkinson
http://www.phnompenhpost.com/national/positive-outlook-giant-ibis-conservationists
Families Left Worse off After Railway Project
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
Monkey farm workers accept $16 pay raise
Employees of a controversial monkey breeding farm in Pursat City who protested earlier this week for higher wages have accepted their employer’s offer of a $16 monthly wage increase, authorities said on Thursday. ...
Phan Soumy
https://www.cambodiadaily.com/news/monkey-farm-workers-accept-16-pay-raise-115492/