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Sanitation Development Impact Bond (DIB) launched today

The World’s first  $10 million Sanitation Development Impact Bond (DIB) aimed at bringing safe sanitation to some of the poorest and most vulnerable households in six Cambodian provinces was launched today. ...

Taing Vida
https://www.khmertimeskh.com/660228/sanitation-development-impact-bond-dib-launched-today/

World Bank projects​ 7% Cambodian growth rate

The World Bank has projected the Kingdom’s economic growth will reach seven percent this year, slightly up from its 6.9 percent projection in April, due to solid garment exports and a resilient construction sector. The World Bank’s “Cambodia Economic Update October 2016” highlighted solid garment export ...

Sok Chan
http://www.khmertimeskh.com/news/30444/world-bank-projects----7--cambodian-growth-rate/

NBC issues prakas for riel loans

The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to their customers, in a bid to promote the use of the national currency. The prakas, which took effect on Thursday, ...

Sok Chan
http://www.khmertimeskh.com/news/32828/nbc-issues-prakas-for-riel-loans/

More regional flights to be available in Cambodia

Regional flights to Cambodia will rise next year with the news that Philippines Airlines is eyeing flights to the Kingdom and Singapore’s SilkAir announced it would increase the frequency of flights to Siem Reap. The regional wing of Singapore Airlines, SilkAir, announced on Tuesday an increase ...

http://www.phnompenhpost.com/2012122060379/Business/more-regional-flights-to-be-available-in-cambodia.html

Property prices jump in the first half of the year

Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...

http://www.etmcambodia.com/blog.php?article=492

Hun Sen Announces Talks to Begin on Huge Free Trade Zone

A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...

http://www.cambodiadaily.com

Factory workers hold out for more

Little more than a week after garment workers were granted a US$10 monthly increase in allowances and bonuses, thousands of workers at a number of factories joined strikes with a clear message yesterday: they need more. Workers rallied outside factory gates and some marched to the ...

http://www.phnompenhpost.com/index.php/2012072057529/National-news/workers-hold-out-for-more.html

Gym membership gets a lift

Two or three times per week Hong Chandara finds the time to unwind from work, family and social responsibilities by exercising at his gym. Meanwhile, entrepreneurs see potential in the fitness service sector, as gyms gain popularity in Cambodia. Meas Sok Dany, owner of the ...

http://www.phnompenhpost.com/2013052965900/Business/gym-membership-gets-a-lift.html

Villagers call for state electricity

About 200 protesters clamoured yesterday in front of a Kandal province commune chief’s office, demanding the state take control of providing their electricity. Yong Phany, a 32-year-old protester from Ang Snuol district’s Poeuk commune said Peoun Sambat, the private company contracted to provide electricity to the ...

http://www.phnompenhpost.com/2013062166410/National/villagers-call-for-state-electricity.html

Mainland chartered flights rise

Direct private chartered flights from different parts of China to Cambodia are booming as the number of Chinese tourists visiting the Kingdom is mounting, industry insiders told the Post yesterday. As early as July 10, a chartered flight will launch from Wuhan, the largest city in ...

http://www.phnompenhpost.com/2013070466650/Business/mainland-chartered-flights-rise.html

Japan signs a $90m loan deal to improve highway

After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ...

http://www.phnompenhpost.com/2013051765676/Business/japan-signs-a-90m-loan-deal-to-improve-highway.html

Migrants in ‘hurry’ to get back to work

A survey of 10 Cambodian provinces is studying the whereabouts and plans of migrant workers who were recently repatriated from Thailand, fearing crackdowns on foreign workers there after the coup. During a workshop hosted by Coordination of Action Research on AIDS and Mobility (CARAM) yesterday, Ministry ...

Sen David
http://www.phnompenhpost.com/national/migrants-%E2%80%98hurry%E2%80%99-get-back-work

CNRP bashed at CPP’s birthday

A ceremony marking the founding of the Kampuchean People’s Revolutionary Party in 1951 – a forerunner of the ruling Cambodian People’s Party – was used on Saturday to lambaste the opposition for not joining the National Assembly following disputed elections last July. “Taking actions contrary to ...

Vong Sokheng
http://www.phnompenhpost.com/national/cnrp-bashed-cpp%E2%80%99s-birthday

Eyes turn to legislation passed without CNRP

After months of decrying the one-party National Assembly as illegitimate and vowing to amend any flawed legislation passed during a parliamentary boycott, the Cambodia National Rescue Party, by agreeing to take its seats yesterday, is about to get its chance. In the roughly 10-month period since ...

Stuart White
http://www.phnompenhpost.com/national/eyes-turn-legislation-passed-without-cnrp

Caltex loosing hundreds of thousands of dollars, striking workers say

Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...

Khoun Theara,
http://www.voacambodia.com/content/caltex-loosing-hundreds-of-thousands-of-dollars-striking-workers-say/1914429.html

Parties face off at VN border

About 100 plainclothes men, some wielding sticks, tried to block a group of opposition activists and youth supporters in Svay Rieng province yesterday from reaching a disputed section of the Cambodia-Vietnam border. Clashes broke out at about 10am between the group of Cambodia National Rescue Party ...

Meas Sokchea
http://www.phnompenhpost.com/national/parties-face-vn-border

PM honours ‘heroines’ in teaching, sport

The prime minister yesterday praised three women as national heroines for their inspiring international achievements in the arenas of education and sports. During an awards ceremony for scholars at the National Institute of Education, Prime Minister Hun Sen congratulated local teacher Neang Phalla for her abilities ...

Taing Vida
http://www.phnompenhpost.com/pm-honours-heroines-teaching-sport

Land grab complaint filed at International Criminal Court

A British lawyer has asked the International Criminal Court to investigate “widespread and systematic” land grabbing in Cambodia over the past 14 years as a crime against humanity. The complaint filed in The Hague yesterday by lawyer Richard Rogers, who is officially representing 10 Cambodian victims, ...

Kevin Ponniah
http://www.phnompenhpost.com/national/complaint-filed-icc

Road safety funding to end

A major funder of road safety programs in Cambodia will not be renewing its grant for the country, sparking concerns that traffic deaths in the Kingdom will continue unabated. Bloomberg Philanthropies, run by billionaire Michael Bloomberg, is launching the second part of its Global Road Safety ...

Charles Rollet and Sen David
http://phnompenhpost.com/national/road-safety-funding-end

Gun goes off, killing logger in Veal Veng

An illegal logger in Pursat province accidentally shot a member of his own work group on Monday, according to Veal Veng district police. The loggers were allegedly going after protected timber in the Mount Samkos Wildlife Sanctuary in Veal Veng, a preserve in the Cardamom ...

Phak Seangly
http://phnompenhpost.com/national/gun-goes-killing-logger-veal-veng

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