Major surge in micro lending, association says
Lending by microfinance institutions (MFIs) rose about 50 percent at an annualized rate during the first nine months of the year, according to the Cambodia Microfinance Association, which said the surge was sparked by economic stability and an increase in demand from clients wanting to ...
Sok Chan
http://www.khmertimeskh.com/news/17497/major-surge-in-micro-lending--association-says/
National bank to receive support from IFC
The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...
May Kunmakara
http://www.khmertimeskh.com/news/24858/national-bank-to-receive-support-from-ifc/
Cambodia-Finland air pact
Cambodia’s Secretariat of Civil Aviation signed a Memorandum of Understanding (MoU) on Monday with the Finland Civil Aviation Authority to open their skies and allow direct flights between the two countries. ...
Sum Manet
http://www.khmertimeskh.com/news/27466/cambodia-finland-air-pact/
Charting changes in Japanese FDI
Japan’s investment in Cambodia continues to grow and its investors are playing a leading role in developing and diversifying the Kingdom’s light industrial sector. ...
Hor Kimsay
http://www.phnompenhpost.com/business/charting-changes-japanese-fdi
Metered tuk-tuks making inroads in Phnom Penh
Cambodia’s first fleet of metered tuk-tuks is taking on the capital’s traditional business model for cheap motorised conveyance, where fare prices are usually settled by negotiations and customers often feel they were overcharged. ...
Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/metered-tuk-tuks-making-inroads-phnom-penh
Business disputants file case for arbitration
The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking just the third time that a commercial dispute has been brought to the independent dispute resolution body, its president said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/business-disputants-file-case-arbitration
Unions threaten protest over minimum wage
Unions in the clothing and footwear sector yesterday wrote to the committee overseeing minimum wage negotiations threating protests if their demands were not met. ...
Jonathan Cox
http://www.khmertimeskh.com/news/16142/unions-threaten-protest-over-minimum-wage/
Drought exacerbates hoof and mouth outbreak among cattle
A vaccine campaign has been launched in response to an outbreak of hoof and mouth disease exacerbated by drought conditions in Kampong Thom province, officials said yesterday, as drought-relief efforts continued in Banteay Meanchey. ...
Khouth Sophak Chakrya and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/drought-exacerbates-hoof-and-mouth-outbreak-among-cattle
US official pushes for investment agreement
A visiting US government official urged Cambodia to continue with negotiations to develop a bilateral investment agreement between the two nations that could be used for further trade inclusion. ...
Kali Kotoski
http://www.phnompenhpost.com/business/us-official-pushes-investment-agreement
Fifth freedom to open Kingdom’s airspace
The National Assembly yesterday approved a draft law on the implementation of the fifth freedom of the air, a commercial aviation right that grants airlines the privilege of using Cambodian airports as a stop-over on scheduled flights between their home country and another country. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fifth-freedom-open-kingdoms-airspace
Vietnam wants its citizens protected
In the wake of startling deportation numbers released by the general department of immigration last week showing that more than 85 percent of those deported since 2014 were Vietnamese, the government in Hanoi has asked Cambodia to ensure that the rights of those being sent ...
Ros Chanveasna
http://www.khmertimeskh.com/news/28164/vietnam-wants--its-citizens-protected/
Cambodia, Russia continue discussing nuclear energy plans
A November pact with Russia that first raised the possibility of nuclear energy in Cambodia is still being quietly pursued. Next week will see the second meeting of a Ministry of Interior working group dedicated to coordinating cooperation with the Vladimir Putin-led government in the realm ...
Cristina Maza
http://www.phnompenhpost.com/national/cambodia-russia-continue-discussing-nuclear-energy-plans
Despite threats, unregistered sims still in service
Four months ago, Deputy National Police Commissioner Chhay Sinarith declared unregistered SIM cards a major threat to national security. They were a favored tool of terrorists, kidnappers and drug runners, he insisted, before accusing mobile operators that distribute them of toying with the safety of ...
Khy Sovuthy and Taylor O'Connell
https://www.cambodiadaily.com/news/despite-threats-unregistered-sims-still-in-service-106516/
Overloaded truck figures dip: ministry
The Ministry of Public Works and Transportation yesterday announced that 75 fewer drivers had been fined for overloaded trucks last month compared to June, attributing the decline to recent crackdowns. ...
Lay Samean
http://www.phnompenhpost.com/national/overloaded-truck-figures-dip-ministry
17 Montagnards prepare for return to Vietnam
More Montagnard asylum seekers prepared to return to Vietnam yesterday after giving up on obtaining refugee status in Phnom Penh, while five Rohingya refugees set off for resettlement in Canada. ...
Alice Cuddy
http://www.phnompenhpost.com/national/17-montagnards-prepare-return-vietnam
JV aims for massive expansion of irrigation
Cambodia’s Cooperative Agriculture and Processing New Progressive of Pailin (CAPNL) and Thai-owned CLMV Holding Company Ltd. yesterday signed an $11 billion, five-year joint venture agreement to build a network of pipes and reservoirs around the country to supply water for farming and home consumption. ...
Sok Chan
http://www.khmertimeskh.com/news/24370/jv-aims-for-massive-expansion-of-irrigation/
Ministry finishes valuing rice exporters
The Ministry of Agriculture, Forestry and Fisheries has finished its evaluation of rice producers and processors that have registered to export milled rice to China, checking to see if they comply with the hygiene laws in China. ...
Chea Vannak
http://www.khmertimeskh.com/news/25397/ministry-finishes-valuing-rice-exporters/
Customs pressures exporters to register with GDT
Cambodia’s Customs Department announced on May 27 that it would stop processing paperwork for import and export companies, and halt cross-border activity if they fail to meet today’s deadline for online tax registration. ...
Hor Kimsay
http://www.phnompenhpost.com/business/customs-pressures-exporters-register-gdt
Kingdom to feel typhoon’s effects
After wreaking havoc in Taiwan and mainland China this weekend, Typhoon Nepartak will bring heavy rain to the Kingdom today, according to the Ministry of Water Resources and Meteorology. ...
Mom Kunthear
http://www.khmertimeskh.com/news/27060/kingdom-to-feel-typhoon---s-effects/
Cambodia and Thailand agree on border security
Both Cambodia and Thailand agreed on Tuesday to adopt an approach of nonviolence when dealing with those found illegally crossing the border after a meeting between the two nations’ border authorities. ...
Ban Sokrith
http://www.khmertimeskh.com/news/31624/cambodia-and-thailand-agree-on-border-security/