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Sathapana Bank secures $50M to scale up

Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale

Drought ‘unlikely’ in ’17

This year’s early rains and a swift response to drought-like conditions in two provinces will spare Cambodia the searing droughts that plagued it in 2015 and 2016, the National Committee for Disaster Management (NCDM) said yesterday, though one development partner cautioned that lasting drought preparedness ...

Martin de Bourmont and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/drought-unlikely-17

Thais crack down on illegal workers

Thai soldiers on Thursday detained four Cambodian men, three women and a one-month old baby after they crossed the border to find work. The Cambodian Consulate in Thailand’s Sa Keao province said it quickly secured the release of the group, who were from Sout Nikom ...

Ros Chanveasna
http://www.khmertimeskh.com/news/38801/thais-crack-down-on-illegal-workers/

Defectors to CPP trickling in

The CPP claims to have received 390 defections as of Monday. They include one lawmaker, 33 provincial and district councillors, and 356 commune officials, of whom 33 are commune chiefs. The chiefs account for around 7 percent of the 489 CNRP chiefs elected in June, ...

Niem Chheng
http://www.phnompenhpost.com/national/defectors-cpp-trickling

The big three. 2018 elections for Thailand, Malaysia and Cambodia

In 2018 there will be three elections in our immediate region – the much-predicted (and confirmed by the Thai PM) Thai election, another in Cambodia and one in Malaysia. All have their very local versions of democracy which will shape the outcomes. All are vital ...

Tanutam Thawan
https://www.phuketgazette.net/news/big-three-2018-elections-thailand-malaysia-cambodia

Call for action against domestic violence

Civil society organisations yesterday asked the government to strengthen legal measures against perpetrators of violence against women and children.The request was made at the 2018 One Billion Rising Campaign at the Chenla Theatre in Phnom Penh, where more than 300 people gathered to discuss protecting ...

Pech Sotheary
http://www.khmertimeskh.com/50108047/call-action-domestic-violence/

Activists: release Tep Vanny

Boeung Kak land activists have called on the government to release one of their most prominent representatives, Tep Vanny, who was charged with intentional violence related to a protest outside Prime Minister Hun Sen’s house in 2013, a case reactivated after she was arrested during ...

Pech Sotheary
http://www.khmertimeskh.com/news/32959/activists--release-tep-vanny/

Gov’t creates tourism development committee

The National Tourism Development Committee was created this month to boost the development of one of Cambodia’s most important economic drivers. ...

Chea Vannak
https://www.khmertimeskh.com/50665275/govt-creates-tourism-development-committee/

Cambodia's central bank launches national clearing system

The National Bank of Cambodia (NBC) on Wednesday officially launched the country’s national clearing system in order to increase efficiency and expand clearing and settlement services for inter-bank transactions. A central bank statement said that the central system can clear and settle payment instruments such as ...

http://news.xinhuanet.com/english/world/2012-12/12/c_132036029.htm

Mesco, Angkor to mine gold

Mesco Gold, an associated company of India-based Mesco Steel, will sign an agreement with Angkor Gold to mine the Phum Syrang prospect on one of its economic land concessions in Ratanakkiri province. “We’ve been exploring the area since 2006. We’ve been drilling holes and there’s ...

http://www.phnompenhpost.com/2013011860848/Business/mesco-angkor-to-mine-gold.html

Vietnamese still Cambodia’s strongest market

Cambodia’s tourism arrivals jumped more than 24 percent during the first ten months 2012, with more than 2.86 million international visitors. A tourism ministry update reported Vietnam as the country’s number one largest source of foreign visitors, with 638,560 tourists followed by South Korea and China, ...

http://www.etravelblackboardasia.com/article/88009/vietnamese-still-cambodias-strongest-market

Court draws more into Sabrina case

Eight people allegedly involved in a worker demonstration that devolved into a violent clash with authorities at a Kampong Speu-based Nike supplier have been summonsed to court. Another eight arrested at the scene already await trial. The clash resulted in significant property damage and left ...

http://www.phnompenhpost.com/national/court-draws-more-sabrina-case

Four alleged loggers shot by Thai soldiers

At least four people were injured, one seriously, after Thai soldiers shot them as they allegedly illegally logged the Thai side of the Preah Vihear border on Wednesday. The injured men were part of a group of eight from Preah Vihear province’s Choam Ksan district, provincial ...

Sen David and Phak Seangly
http://www.phnompenhpost.com/national/four-alleged-loggers-shot-thai-soldiers

Foreigners, tourists to pay more for entry visas

Foreigners will have to pay additional costs to enter Cambodia following a government announcement earlier this week that visa fees will increase by $10 starting in October. Tourists will have to pay $30 for a one-month entry visa and business visitors $35, up from the $20 ...

Kang Sothear
http://www.cambodiadaily.com/news/foreigners-tourists-to-pay-more-for-entry-visas-66668/

Sen Sok land dispute families butt heads in Municipal court

A representative of 163 families who were awarded a hectare of land four years ago after a lengthy legal battle accused one of the awardees in the Phnom Penh Municipal Court on Tuesday of inventing a different group of 163 families with claims to the ...

Sek Odom
https://www.cambodiadaily.com/news/sen-sok-land-dispute-families-butt-heads-in-municipal-court-84875/

UDG security guard found guilty over 2014 violent attack

A security guard hired by the Union Development Group, a Chinese firm building a $3.8-billion tourist mecca in a remote coastal area of Koh Kong province, was on Monday handed a one-year suspended sentence for punching a local woman in the face last year, according ...

Khuon Narim
https://www.cambodiadaily.com/news/udg-security-guard-found-guilty-over-2014-violent-attack-89000/

UN says Cambodia among regional leaders in giving jabs

The UN in Cambodia said vaccine hesitancy here is relatively low compared to other countries. The Kingdom is one of the countries with the highest percentages of Covid-19 vaccinations among its adult population in the World Health Organisation’s (WHO) western-pacific region.   ...

Voun Dara
https://www.phnompenhpost.com/national/un-says-cambodia-among-regional-leaders-giving-jabs

NGOs, gov’t set up working group to protect ibis

A group of NGOs and the Ministry of Environment have joined forces and created the Cambodia Ibis Working Group to protect and conserve this waterbird species as the country is one of the last places the bird can be found in the world. ...

Son Minea
https://www.khmertimeskh.com/501061778/ngos-govt-set-up-working-group-to-protect-ibis/

PM Hun Manet reiterates no new taxes nor tax increases

Dr Hun Manet has reiterated that the 7th-mandate Royal Government will neither create new taxes nor increase existing ones. ...

Khmer Times Staff
https://www.khmertimeskh.com/501391897/pm-hun-manet-reiterates-no-new-taxes-nor-tax-increases/

Direct flights to Australia in sight, officials confirms

Cambodia and Australia are one step closer to getting daily direct flights between the two countries, an aviation official confirmed yesterday. State Secretariat of Civil Aviation deputy cabinet director Long Chheng said his department had passed the proposal submitted by a “state-owned” Australian airline and sent ...

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