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Bank loan portfolios set to be at least 10% in local currency

Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. ...

Hor Kimsay
https://www.phnompenhpost.com/business/bank-loan-portfolios-set-be-least-10-local-currency

China gifts Kingdom 20 new clinics

The China International Development Cooperation Agency on Wednesday donated 20 additional mobile clinics to the Ministry of Health as part of ongoing Chinese aid to the Kingdom. ...

Kong Meta
https://www.phnompenhpost.com/national/china-gifts-kingdom-20-new-clinics

Calm urged as garment workers go against the grain

Prime Minister Hun Sen yesterday urged thousands of garment workers to stop demanding one-time payments of owed seniority indemnity because their strike and protest actions are against the law and could lead to more factories closing. ...

Mom Kunthear
https://www.khmertimeskh.com/50567582/calm-urged-as-garment-workers-go-against-the-grain/

Factories to be moved out of Phnom Penh to ease traffic

A Phnom Penh city official told The Post on Monday that all warehouses and factories will be relocated along the capital’s new third ring road once it is completed in 2021. This will prevent heavy goods vehicles causing congestion and accidents in the city. ...

Khorn Savi
https://www.phnompenhpost.com/national/factories-be-moved-out-phnom-penh-ease-traffic

Angkor Wat moat drying ‘could affect foundations’

A historian has raised fears that the drought currently gripping Cambodia could affect the foundations of the Kingdom’s globally renowned Angkor Wat, while the temple complex’s Apsara Authority management has said that, while it was prepared, it was not expecting such a problem. ...

Voun Dara
https://www.phnompenhpost.com/national/angkor-wat-moat-drying-could-affect-foundations

Ministry to monitor seniority payments

The Ministry of Labour and Vocational Training says it will monitor the implementation of seniority indemnity payments to all factory employees in line with the new policy which comes into force this month. The ministry is also ready to impose a fine on any factory ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministry-monitor-seniority-payments

Sar Kheng proposes land dispute resolution

Deputy Prime Minister Sar Kheng has proposed the establishment of a village and the construction of roads for the people living on a disputed land plot in Kulen Promtep Wildlife Sanctuary in Preah Vihear province’s Choam Ksan district. Metre Pheap received approval for an agro-industry ...

Niem Chheng
https://www.phnompenhpost.com/national/sar-kheng-proposes-land-dispute-resolution

Land dispute claims of 197 families rejected

The Ministry of Land Management, Urban Planning and Construction issued a statement on Monday rejecting the land dispute claims of 197 families in Koh Kong province’s Sre Ambel district. A ministry press release dated Monday said a related land dispute involving 987 families over sugar ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/land-dispute-claims-197-families-rejected

Firms reminded of indemnity duty

With claims that some companies are attempting to avoid forking out seniority indemnity payments, the Ministry of Labour and Vocational Training has reminded the owners and bosses of garment and footwear companies of their obligation to implement the new policy. Indemnity payments for workers in ...

Long Kimmarita
https://www.phnompenhpost.com/national/firms-reminded-indemnity-duty

Study on mass transit system completed

The Japan International Cooperation Agency (JICA) has concluded a feasibility study on the AGT, an electric mass transit system that could help reduce traffic congestion in Phnom Penh. However, the result of the study has not been made public yet, said Vasim Sorya, spokesman for the ...

Chea Vannak
https://www.khmertimeskh.com/50622359/study-on-mass-transit-system-completed/

Spanish nature activist court hearing begins

The Koh Kong provincial court on Tuesday heard the case of Spanish environmental activist Alejandro “Alex” Gonzalez-Davidson, who is accused of being an accomplice in “threatening to cause destruction, defacement or damage” and inciting others to do the same. Gonzalez-Davidson’s defence lawyer, Sam Chamroeun, said ...

Niem Chheng
https://www.phnompenhpost.com/national/spanish-nature-activist-court-hearing-begins

Hun Sen orders block on all illegal importation of pork

Ministries, relevant institutions, National and Military Police, the Phnom Penh Municipality and provincial halls nationwide are to work with the Ministry of Agriculture, Forestry and Fisheries to halt the illegal import of pigs and pork products, he said. ...

Voun Dara
https://www.phnompenhpost.com/national/hun-sen-orders-block-all-illegal-importation-pork

Ministry to blacklist road companies failing to uphold technical standards

The Transport Minister yesterday warned road repair companies that they will be blacklisted from bidding on future public projects if they fail to uphold technical standards in their work. Transport Minister Sun Chanthol yesterday met with contractors and technical inspection companies to discuss the improvement of ...

Pech Sotheary
https://www.khmertimeskh.com/50631407/ministry-to-blacklist-road-companies-failing-to-uphold-technical-standards/

Roads in 11 provinces damaged by floods

Transport Minister Sun Chanthol on Sunday said that 46 roads in 11 provinces have been severely damaged by floods and the ministry will repair them after water recedes. He said a total of 60 kilometers of roads, including national ones, were involved and the ministry had ...

Mom Kunthear
https://www.khmertimeskh.com/50641781/roads-in-11-provinces-damaged-by-floods/

Land protesters under scrutiny

Interior Minister Sar Kheng has issued a letter to all provincial governors telling them to resolve legitimate land disputes being raised before the election and keep a lookout for “opportunists” taking advantage of the election season to grab land. ...

Pech Sotheary
https://www.khmertimeskh.com/50501341/land-protesters-under-scrutiny/

Government earns $366m from construction sector

The government collected more than $366 million in revenues from the construction sector from 2013 to 2017, mostly from land registration and cadastre, construction, land leases, and property title transfer services, according to a recent government report. ...

Sum Manet
https://www.khmertimeskh.com/50501230/government-earns-366m-from-construction-sector/

National exam monitors recruited

The Anti-Corruption Unit yesterday started registering volunteer observers for the Grade 12 National Exam to monitor the process and guard against cheating. The ACU said it needed between 4,500 and 5,000 volunteer observers for the August 20 exam. ...

Sen David
https://www.khmertimeskh.com/50510375/national-exam-monitors-recruited/

Cassava in focus of Green Leader, UN deal

Hong Kong-based Green Leader Holding Group and the United Nations Development Progamme (UNDP) signed a cost-sharing agreement on Thursday to implement an $800,000 project on accelerating the cassava market. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/cassava-focus-green-leader-un-deal

Local cotton farming abandoned

Despite huge amounts of potential and a well-rooted past, the Kingdom’s cotton cultivation industry seems to be hanging by a thread. Though the country relies heavily on cotton fabric in its massive garment sector, insiders say Cambodian farmers have mostly abandoned the crop. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/local-cotton-farming-abandoned

Government to pay LIDA workers

The Labour Ministry will pay money to 257 garment workers today from the LIDA factory in Phnom Penh who rallied multiple times over missing wages after their employer fled. A ministry press release yesterday advised the workers to get the cash at the company’s office ...

Sen David
https://www.khmertimeskh.com/50539595/government-to-pay-lida-workers/

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