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Group Lease aims to raise Bt3.4 bn for expansion

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html

Cambodia’s telecom agency firm on fees

Cambodia’s telecommunications ministry yesterday defended intervening in the market by fixing minimum prices for mobile phone calls, rationalising the base charges as necessary to stem the loss of tax revenue and avert a monopolised industry. The floor price was introduced in 2009 to prevent the demise ...

Chan Muy Hong and Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-telecom-agency-firm-fees

Untrained guards rule at protests

Security guards that have forcibly detained protesters in the capital in recent weeks include large numbers of men who have received no government security training, Phnom Penh municipal spokesman Long Dimanche said yesterday. In an effort to recruit civilian “public order” officers, Dimanche told the Post, the ...

Khouth Sophak Chakrya and Shane Worrell
http://www.phnompenhpost.com/national/untrained-guards-rule-protests

Laos promises transparency over Don Sahong dam

More than 100 representatives of Mekong River Commission (MRC) member countries, development partners, international NGOs, and Lao and foreign media yesterday visited the site of the planned Don Sahong hydropower project. The two-day site visit provided an opportunity for participants to learn from experts how fish ...

The Cambodia herald news Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YWU3ZjgwNzk1MWI

Families walk out of land dispute compensation meet

Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...

Aun Pheap
http://www.cambodiadaily.com/news/families-walk-out-of-land-dispute-compensation-meet-56311/

Phnom Penh's new apartments soar on high rents

Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 ...

http://www.phnompenhpost.com/index.php/2012071957504/Business/phnom-penh-apartments-soar-on-high-rents.html

Irrawaddy dolphin numbers rise

The World Wildlife Fund said that the Irrawaddy dolphin population increased by ten percent in 2017 when compared to data obtained in 2015, but the animal advocate remains concerned about threats that continue in the habitat of the dolphins. ...

Pech Sotheary
https://www.khmertimeskh.com/50480023/irrawaddy-dolphin-numbers-rise-2/

Kratie land disputes to be ‘resolved by experts’

The Ministry of Land Management, Urban Planning and Construction on Wednesday ordered 19 experts to identify the families locked in a land dispute in Snuol district, in Kratie province, and find solutions for them through economic land concessions. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/kratie-land-disputes-be-resolved-experts

Workers seek pay after owner shutters factory

Some 300 garment workers from Kbal Koh Garment factory in Chbar Ampov district in Phnom Penh, whose owner unexpectedly shut the factory in January last year, protested again outside the Ministry of Labour on Tuesday to seek compensation. ...

Kong Meta
https://www.phnompenhpost.com/national/workers-seek-pay-after-owner-shutters-factory

Beat Richner: doctor to the poor children of Cambodia

Beat Richner, a Swiss pediatrician who opened a network of children’s hospitals in Cambodia at a time when quality health care was all but non-existent in that country, died Sept. 9 in Zurich. He was 71. ...

Julia Wallace
https://www.theglobeandmail.com/world/article-beat-richner-doctor-to-the-poor-children-of-cambodia/

Military police seize vehicle with army plates, rosewood

Military police in Kompong Chhnang province said they found 290 kg of rosewood in the back of an SUV with military license plates yesterday but failed to apprehend the driver, who escaped in a car that had been following his. ...

Ben Sokhean
https://www.cambodiadaily.com/news/military-police-seize-vehicle-with-army-plates-rosewood-94206/

Direct international flights from Sihanoukville

The national carrier, Cambodia Angkor Air, officially launched on Friday its scheduled flight services connecting Ho Chi Minh City in Vietnam to the Kingdom’s coastal resort in Sihanoukville, in a move that could further boost tourist arrivals. ...

May Kunmakara
http://www.khmertimeskh.com/news/26274/direct-international-flights-from-sihanoukville/

Protest follows failure to lower electric rates

Citizens in two communes in Svay Rieng and another in Prey Veng yesterday protested their high power bills after a local electric company failed to lower its price to 800 riel per kilowatt-hour as promised.   ...

Mech Dara
http://www.phnompenhpost.com/national/protest-follows-failure-lower-electric-rates

Phnom Penh municipality mulls new sky bridge

City Hall is in the midst of conducting preliminary studies to assess the feasibility of building either an overpass or an underground tunnel at the Chaom Chao roundabout in an effort to ease traffic congestion in the area. ...

Touch Sokha
http://www.phnompenhpost.com/national/phnom-penh-municipality-mulls-new-sky-bridge

Banks to shift from growth to efficiency

Since its launch in 2005, ANZ Royal Bank has grown to become one of the top-end banks in Cambodia, and has increased its focus on core areas of e-banking, corporate clients and introducing efficiencies in its operations. ...

Ananth Baliga
http://www.phnompenhpost.com/business/banks-shift-growth-efficiency

NBC reveals interbank fund payment service

The National Bank of Cambodia will launch a new payment system to increase inter bank activity in a move to shore up confidence in the Kingdom’s rapidly expanding banking sector, it said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/nbc-reveals-interbank-fund-payment-service

Kampot pepper prices plunge

Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kampot-pepper-prices-plunge

AirAsia Cambodia to debut soon

Asia’s largest budget airline AirAsia, headquartered in Kuala Lumpur, plans to open a subsidiary company in Cambodia to handle an anticipated increase in the number of passengers travelling to Phnom Penh, Siem Reap and Sihanoukville from Malaysia. ...

Chea Vannak
http://www.khmertimeskh.com/news/38372/airasia-cambodia-to-debut-soon/

Soldiers escorting logs from sanctuary: locals

Communities in Preah Vihear’s Choam Ksan district have alleged that soldiers are involved in the transportation of illegal timber in the protected forests of Kulen Prum Tep Wildlife Sanctuary, an allegation denied yesterday by a local military official. ...

Phak Seangly
http://www.phnompenhpost.com/national/soldiers-escorting-logs-sanctuary-locals

Cambodia ready to host world economic forum despite inequality: official

As Cambodia prepares to host the World Economic Forum in East Asia, an official from the group that organizes the event has said the country is ready, having seen steady growth and reductions in poverty in recent years. ...

Hul Reaksmey
http://www.voacambodia.com/a/cambodia-ready-to-host-world-economic-forum-despite-inequality-official/3843041.html

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