Sathapana shifts from MFI to commercial bank
Sathapana Microfinance Plc., the third largest MFI in Cambodia, has officially transformed itself into a commercial bank with total capital of $120 million, a move in line with Japanese-owned Maruhan Japan Bank acquiring a 95.1 percent stake in 2012. ...
Sum Manet
http://www.khmertimeskh.com/news/24144/sathapana-shifts-from-mfi-to-commercial-bank/
Cintri says it is owed up to $20M by Phnom Penh residents
Phnom Penh’s much-maligned waste-collection firm Cintri yesterday used a meeting with City Hall to ask for help in collecting between $10 million and $20 million in unpaid fees it says it’s owed by residents in the capital. ...
Niem Chheng
http://www.phnompenhpost.com/national/cintri-says-it-owed-20m-phnom-penh-residents
Protesters prepare, as Hun Sen travels to New York for UN summits
Prime Minister Hun Sen left Cambodia Wednesday for UN summits in New York, where hundreds of Cambodian-Americans are preparing to protest, demanding the release of political and environmental activists currently in detention in the country. ...
Men Kimseng
http://www.voacambodia.com/content/cambodia-says-industralized-nations-must-help-mitigate-climate-change/2977125.html
Kingdom, China agree to strengthen trade, investment ties
Thailand and China have agreed to strengthen ties in trade and investment, while the Chinese have been urged to invest more in the Kingdom, particularly in the focused super-clusters and 10 special economic zones (SEZs). ...
Petchanet Pratruangkrai
http://www.nationmultimedia.com/business/Kingdom-China-agree-to-strengthen-trade-investment-30275162.html
Natural drainage routes replaced by concrete cause severe floods
As floods have been raging on in many provinces, especially in the outskirts of the capital, locals are demanding the government inspect all boreys, factories and other developments in affected areas to ensure that there are proper drainage and road systems. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/natural-drainage-routes-replaced-concrete-cause-severe-floods
Life insurance market grows
Two new life insurance companies will launch operations in Cambodia by the end of this week, aiming to grab hold of a market that has seen rapid expansion in recent years while also creating stronger competition in the emerging industry. ...
Hor Kimsay
http://www.phnompenhpost.com/business/life-insurance-market-grows
Main parties cut into each other’s traditional strongholds
The ruling CPP is losing votes in remote provinces while making up ground on the opposition CNRP in Phnom Penh and surrounding areas, according to election data showing the two major parties cutting into each other’s leads in traditional strongholds. ...
Michael Dickison
https://www.cambodiadaily.com/news/main-parties-cut-others-traditional-strongholds-131132/
Fishing and forest crackdown yields results
Nearly 3,000 cases have been detected in a crackdown on fisheries and forest crime in the first nine months of this year. The results were in a Ministry of Agriculture and Fishery report published on Friday. ...
Sen David
http://www.khmertimeskh.com/5087200/fishing-forest-crackdown-yields-results/
Oddar Meanchey carbon scheme used by Virgin ‘does not work’
Claims the military is involved in systematically clearing forest in Oddar Meanchey province in an area meant to be protected by a carbon credit scheme involving Virgin Atlantic have prompted the UK-based airline to launch an investigation into the program. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/oddar-meanchey-carbon-scheme-used-virgin-does-not-work
Okhna owns land at site of illegal Koh Kong mangrove filling, contract shows
A section of protected mangrove forest in Koh Kong that in December was discovered to have been filled with sand was illegally sold to tycoon Chea Leanghong in 2017, documents show, with local authorities having signed off on the deal. ...
Phak Seangly
http://www.phnompenhpost.com/national/okhna-owns-land-site-illegal-koh-kong-mangrove-filling-contract-shows
Five on trial for plan to traffic girls, women to China
The trial of two Chinese men and three Cambodian women on charges of human trafficking began in the Phnom Penh Municipal Court on Monday after they were arrested in May for allegedly brokering marriages between Cambodian women and prospective grooms in China. ...
On Tonle Sap lake, another attack over fishing
The body of a fisherman was discovered floating in the Tonle Sap lake in Kompong Chhnang province’s Boribor district on Tuesday after a vicious boating attack, police said Wednesday, in what is the fourth such incident on the lake this year. ...
Ben Sokhean
https://www.cambodiadaily.com/news/on-tonle-sap-lake-another-attack-over-fishing-79139/
Cambodians and Vietnamese clash over borderland
A clash between Cambodians and Vietnamese soldiers over a swath of disputed land in a border district separating the two countries in southern Cambodia has become the latest tussle in a string of such territorial conflicts. ...
Morm Moniroth
http://bit.ly/1SUV4bb
CLMV markets offer huge opportunities for Thai brands
Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...
Watchiranont Thongtep
http://www.nationmultimedia.com/business/CLMV-markets-offer-huge-opportunities-for-Thai-bra-30264442.html
Cambodian opposition party senators to boycott vote on draft law on NGOs
Opposition lawmakers in Cambodia’s Senate said Thursday that they would boycott an upcoming vote in the upper house of parliament on a draft law that regulates nongovernmental organizations working in the country if senators failed to amend the legislation. ...
Yeang Socheameta
http://www.rfa.org/english/news/cambodia/opposition-party-senators-to-boycott-vote-on-draft-law-on-ngos-07162015165844.html
Marketing at ‘The Bay’ eats into Teho’s bottom line
Teho International, developer of the $500 million “The Bay” real estate project in Phnom Penh, reported $5.3 million in losses for the year ending June 2015, in part due to marketing and promotional activities relating to the Cambodian project. ...
Ananth Baliga
http://www.phnompenhpost.com/business/marketing-bay-eats-tehos-bottom-line
Official refutes press freedom report
A senior Ministry of Information official refuted a report released by the Cambodian Centre for Independent Media (CCIM) which claimed that press freedom in Cambodia in 2021 was worse than in 2020. ...
Voun Dara
https://www.phnompenhpost.com/national-politics/official-refutes-press-freedom-report
China-aided medical building to help improve Cambodia’s healthcare quality
Situated in the capital of Cambodia, the newly-established Cambodia-China Friendship Preah Kossamak Hospital will play an important role in improving the quality of healthcare services in the southeast Asian nation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501045402/china-aided-medical-building-to-help-improve-cambodias-healthcare-quality/
Cardamom Mountain villages join REDD+
Conservation International (CI) in Cambodia says 23 out of 24 target villages in three provinces of the Cardamom Mountain range have agreed to participate in the REDD + project. ...
Long Kimmarita
https://www.phnompenhpost.com/national/cardamom-mountain-villages-join-redd
French Development Agency to help boost Cambodia’s renewable electricity
The Agence Française de Développement or French Development Agency (AFD) plans to open a technical branch in Cambodia and increase its assistance in developing electricity networks in its renewable electricity sub-sector. ...
Kang Sothear
https://www.khmertimeskh.com/501244396/french-development-agency-to-help-boost-cambodias-renewable-electricity/