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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/

Plan for airport faces resistance

Talks between officials in Preah Vihear province and local villagers whose land is in the way of a proposed domestic airport hit some turbulence on Tuesday, as homeowners bristled over the various forms of compensation being offered. ...

Sen David
http://phnompenhpost.com/national/plan-airport-faces-resistance

Ocean reps take case to arbitration

Twenty representatives of workers locked in a monthlong dispute with management at the Ocean Garment factory appeared before the Arbitration Council yesterday, a union official said. A spokesman from the Arbitration Council yesterday told the Post that such cases are typically sorted out within 15 working days. ...

Mom Kunthear
http://www.phnompenhpost.com/national/ocean-reps-take-case-arbitration

Kompong Cham court releases five arrested at strike protest

The Kompong Cham Provincial Court on Monday released five of the 10 people who were arrested Saturday after clashes between police and about 1,000 sacked workers from the Taiwanese-owned Juhui Footwear factory. The protest on Saturday turned violent when Juhui Footwear administrative director Teng Sambath ...

Ben Sokhean
http://www.cambodiadaily.com/news/kompong-cham-court-releases-five-arrested-at-strike-protest-71108/

Stock Trading to Start Next Month With Water Authority IPO

The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...

Internet firms to lose licences

Cambodia’s telecom regulator will strip the operating permits of more than 30 private companies licensed to provide internet and Voice-over-Internet Protocol (VoIP) services unless they can demonstrate that they are commercially active and operating in accordance with their licensing agreements, a telecom official said yesterday.Im ...

Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/internet-firms-lose-licences

Gov’t issues 3rd Defence White Paper in 16 years

The Ministry of National Defence has issued a new Defence White Paper – the third such plan to have been introduced since 2000 – that details Cambodia’s policy and strategy to modernise the Kingdom’s armed forces, as it continues to dismiss rumours of Chinese military ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/govt-issues-3rd-defence-white-paper-16-years

43 awarded tax agent licenses

As part of ongoing government efforts to modernize and streamline the country’s tax system, 43 tax agent licenses were awarded yesterday. The 43 companies are now legally recognized as offering tax declaration services to the public and private sectors. Eighteen had previously been doing this work ...

Chea vannak
http://www.khmertimeskh.com/news/31518/43-awarded-tax-agent-licenses/

Cambodia to host ABU Asia-Pacific Robot Contest 2023 on August 27

The General Department of National Television of Cambodia (TVK) of the Ministry of Information will host the ABU Asia-Pacific Robot Contest 2023 (ABU ROBOCON 2023) at the Morodok Techo National Stadium in Phnom Penh, on Aug. 27. ...

Khmer Times Staff
https://www.khmertimeskh.com/501344328/cambodia-to-host-abu-asia-pacific-robot-contest-2023-on-august-27

Cambodia receives over 2.4 mln foreign visitors in 7 months

Cambodia has welcomed 2.43 million international tourists in the first seven months of the year, up 19 percent compared with the 2.04 million tourists over the same period last year, the figures of the Ministry of Tourism said Thursday. During the January-July period this year, Vietnam ...

Global Times News Staff
http://www.globaltimes.cn/content/810761.shtml#.UjJ2qNKBmN8

Cambodian mangoes now gaining popularity across Russian markets

Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/

Foreign Ministry strikes back at Subedi remarks

Foreign Ministry spokesman Koy Kuong yesterday defended the independence of Cambodia’s judiciary following concerns raised by a UN official about the whirlwind imprisonment of 11 activists arrested for protesting last week. Kuong accused Surya Subedi, the UN’s special rapporteur for human rights, of making a habit ...

Taing Vida
http://phnompenhpost.com/national/foreign-ministry-strikes-back-subedi-remarks

Airline tax to help clean up Cambodia

The government is looking at ways to tackle Cambodia’s waste problem with a $1 charge on airline tickets touted to raise the cash. The move comes after footage emerged showing the capital’s canals remain clogged with rubbish a year after video of the pollution was shown ...

Khy Sovuthy
http://www.khmertimeskh.com/news/38619/airline-tax-to-help-clean-up-cambodia/

Opposition to question three ministers

Several of the opposition-led commissions in the National Assembly have plans to summon three ministers to clarify several ongoing issues, including the sand exports to Singapore and the murder of political analyst Kem Ley. During a Tuesday evening press conference at the Cambodia National Rescue Party ...

Pech Sotheary
http://www.khmertimeskh.com/news/31617/opposition-to-question-three-ministers/

Government needs $620M to cope with climate: org

Cambodian ministries are currently facing a $620 million funding shortfall if they are to implement their climate change adaption action plans by 2018, according to figures announced by NGO Forum at a press conference yesterday. ...

Touch Sokha
http://www.phnompenhpost.com/national/government-needs-620m-cope-climate-org

Mirach finalizing plans for exploration drilling at Cambodia's block D

Mirach Energy Ltd. reported Tuesday that the company is currently finalizing plans to conduct exploration drilling at Block D in Cambodia following the approval by the Cambodians Ministry of Mines and Energy (MME) to extend the exploration period for the permit till December 2018. ...

Rigzone Staff
http://www.rigzone.com/news/oil_gas/a/143316/Mirach_Finalizing_Plans_for_Exploration_Drilling_at_Cambodias_Block_D

Economy to grow at 6.9 percent in 2018, NBC

The economy will grow by 6.9 percent this year, according to projections from the National Bank of Cambodia (NBC), spurred by the robust performance of the tourism, construction and garment sectors. ...

May Kunmakara
http://www.khmertimeskh.com/50101290/economy-grow-6-9-percent-2018-nbc/

Guidelines finalized for child workers in fisheries sector

The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Min­istry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...

Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/

Petrol firms told to open books

Cambodia’s petrol retailers have been ordered by the government to hand over import information and financial records in what looks to be the first steps toward installing fuel-price legislation. The Ministry of Mines and Energy (MME) announced publicly yesterday via state-owned media Agence Kampuchea Presse (AKP) ...

Eddie Morton
http://www.phnompenhpost.com/business/petrol-firms-told-open-books

Petitioners set for Round 2 of showdown with City Hall

Protesters were due to march on four foreign embassies this morning to deliver petitions calling for the release of the 23 detainees held at the remote Correctional Centre 3 after being arrested during the crackdown earlier this month. The march – to the embassies of Germany, ...

Mom Kunthear and Daniel Pye
http://www.phnompenhpost.com/national/petitioners-set-round-2-showdown-city-hall

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