Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
Flood repair bill under estimate
The National Committee for Disaster Management (NCDM) released a report yesterday showing that only $356 million was spent on the restoration of infrastructure destroyed by last year’s floods – far below the $500 million in damage estimated beforehand. Nhim Vanda, vice chairman of the NCDM, said ...
Sen David
http://www.phnompenhpost.com/national/flood-repair-bill-under-estimate
Urgent flood warnings issued for three provinces
The National Committee for Disaster Management (NCDM) has called on the residents of Kratie, Stung Treng and Kampong Thom provinces to be on high alert as the threat of imminent flooding rises. ...
Bor Pich Zelin and Kim Yutharo
https://www.phnompenhpost.com/national/urgent-flood-warnings-issued-three-provinces
Road Built on School Land Draws Protest
The water company that sparked four days of protest in Prey Veng province last week has once again drawn criticism, this time from teachers in Kratie province, who say the firm is building a road across their school’s land. Forty-nine teachers at Preah Kossamak High school ...
Mekong dams could halve fish stocks: study
Fish stocks in the Mekong River in Cambodia and the Vietnamese Delta could be halved if 11 planned hydropower dams go ahead, according to the preliminary results of an extensive study funded by the Vietnamese government. ...
James Reddick
http://www.khmertimeskh.com/news/17027/mekong-dams-could-halve-fish-stocks--study/
Dry spell prompts pumping measures
The Agricultural Minister on Saturday instructed provincial authorities to find a solution for persisting drought problems in Banteay Meanchey province. Agriculture Minister Veng Sakhon said during his visit to Phnom Srok district that while other villagers in the province are facing floods, major parts of ...
Sen David
https://www.khmertimeskh.com/50526757/dry-spell-prompts-pumping-measures/
Maruhan inks a deal with microfinance firm
Mahuran Japan Bank and the Seilanithih Microfinance Institution have signed an agreement to work together, according to a statement yesterday. Maruhan general manager Onishi Shizuo said the agreement would benefit both parties. “By joining forces with us, Seilanithih will be able to expand the size of ...
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
Pursat official allegedly stole more than $400K during tenure
The Anti-Corruption Unit (ACU) uncovered that Pursat provincial Department of Land Management, Urban Planning and Construction director Liem Bunroeun illegally acquired more than $400,000 through corruption during his three-year tenure. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/pursat-official-allegedly-stole-more-400k-during-tenure
New group set up to tackle land disputes
The newly appointed minister of land management and urban planning, Chea Sophara, has announced a working group to handle petitions and complaints lodged by land dispute victims. ...
Lay Samean
http://www.phnompenhpost.com/national/new-group-set-tackle-land-disputes
Hundreds protest Tbong Khmum land disputes in capital
Several hundred protesters representing some 4,000 families from Tbong Khmum’s Memot and Dambe districts arrived in the capital yesterday to petition against powerful private interests they say are encroaching on their land. ...
Pech Sotheary
http://www.phnompenhpost.com/national/hundreds-protest-tbong-khmum-land-disputes-capital
Villagers protest over land disputes
About 200 people from Kampot and Kandal provinces gathered yesterday at the Land Ministry asking for two separate disputes with development companies to be resolved. ...
Pech Sotheary
http://www.khmertimeskh.com/5079672/villagers-protest-land-disputes/
QR code stickers to build consumer trust
The Ministry of Agriculture is preparing to launch a QR code sticker scheme that will allow authorities and consumers to check the origin of vegetables and other agricultural products and see whether or not producers follow good agricultural practice (GAP). ...
Sok Chan
http://www.khmertimeskh.com/50100404/qr-code-stickers-build-consumer-trust/
Minister criticizes tycoon
Ongoing land disputes between the Ministry of Land Management and the owner of development firm Phanimex are influencing White Building residents’ decision on whether to relocate or stay, according to Land Management Minister Chea Sophara. ...
Pech Sotheary
http://www.khmertimeskh.com/news/31842/minister-criticizes-tycoon/
Farming project gets extension, $66M
The government and international funders have committed a further $66 million to a project to increase small farmers’ productivity, after yesterday claiming success in the program’s initial seven-year period. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/farming-project-gets-extension-66m
Cambodia's construction industry looks ahead
Cambodia’s construction industry took a major step forward in its development on Tuesday with the second summit of the Cambodia Constructors Association at DARA Airport Hotel. The summit occurred alongside an exhibition of construction products, materials and services. Association chairman Pung Kheav Se said that was ...
Hin Pisei
http://www.phnompenhpost.com/real-estate/cambodias-construction-industry-looks-ahead
Massive crack in ‘White Building’ widens
A four-story crack in the south-facing side of Phnom Penh’s aging “White Building”—which first appeared in early February as a pile driver broke up earth inside an adjacent construction site—widened over the weekend, shortly after a meeting between worried tenants and the firms behind a ...
Sek Odom
https://www.cambodiadaily.com/news/massive-crack-in-white-building-widens-79358/
Get vets’ village infrastructure built, urges Sophara
Minister of Land Management, Urban Planning and Construction Chea Sophara urged that infrastructure construction be expedited on more 600ha of land on the Cambodia-Vietnam border that was earmarked for distribution to veterans and their families, as well as the impoverished. ...
Sem Pisey
https://www.phnompenhpost.com/national/get-vets-village-infrastructure-built-urges-sophara
New programme set to track, manage One Window service
The Ministry of Interior announced it has put in place an information programme for managing one window service requests starting this month. The programme will make it easier for citizens to monitor service requests at each stage on their phones. ...
Long Kimmarita
https://www.phnompenhpost.com/national/new-programme-set-track-manage-one-window-service
GMS countries endorse $1B plan for climate resilience and sustainability
Environment ministers and deputy ministers from the six countries of the Greater Mekong Subregion (GMS) have endorsed a new five-year environmental strategy. ...
Phak Seangly
https://www.phnompenhpost.com/national/gms-countries-endorse-1b-plan-for-climate-resilience-and-sustainability