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New PM urges Royal Government to commit to nation’s success

Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...

Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/

Food and beverage processing SMEs show remarkable growth

The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/

Cambodia attracts $3.76 billion investment in Q3

Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/

NBC sets new capital, risk rules for banks, financial institutions

The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...

Kang Sothear ​
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/

Some 100 rare fish released into Mekong

The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/some-100-rare-fish-released-mekong

Tina suggests exploration of Israeli market

Agriculture minister Dith Tina asked Yaron Tamir, the CEO of Israeli agricultural capacity-building company Agrostudies, to examine the possibility of importing Cambodian agricultural products into Israel. ...

Van Socheata
https://www.phnompenhpost.com/national/tina-suggests-exploration-israeli-market

OBRS listing nears 34,000, $10B capital

The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...

Hin Pisei
https://www.phnompenhpost.com/business/obrs-listing-nears-34-000-10b-capital

Cambodia mulls DTA talks with seven countries

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...

Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/

Report calls for foreign teacher trainers, higher salaries

Cambodia must significantly increase teachers’ salaries and import the best teacher trainers from abroad in order to combat a continuously widening gap between the skills employers are looking for and those the country’s graduates are able to provide, a new report says. Facing the worst student-teacher ...

Zsombor Peter
http://www.cambodiadaily.com/news/report-calls-for-foreign-teacher-trainers-higher-salaries-67184/

Businesses urged to prioritise riel for salary payments

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments

Increase in conservation work planned for Angkorian temple

Banteay Chhmar, the expansive Angkorian temple in Banteay Meanchey province noted for its elaborate bas-reliefs, is set to see a significant increase in conservation work over the next five years following an agreement between the Ministry of Culture and the London-based School of Oriental and ...

Anthony Jensen
https://www.cambodiadaily.com/news/increase-in-conservation-work-planned-for-angkorian-temple-103583/

Ministry official under scrutiny

Svay Rieng Provincial Court officials are investigating an employee of the Ministry of Interior who is accused of fraudulently selling his land to someone and not honouring the deal. Ros Sithan, a logistics department officer at the ministry, was arrested on the evening of September 28, ...

http://www.phnompenhpost.com/index.php/2012100359061/National-news/ministry-official-under-scrutiny.html

Project aims to test climate change response strategies

The Ministry of Environment has funded a Cambodia Climate Change Alliance project and selected five schools to test climate change response strategies by planting trees and developing gardens with increased biodiversity. ...

Voun Dara
https://www.phnompenhpost.com/national/project-aims-test-climate-change-response-strategies

Lack of Legal Aid in Cambodia Puts Children, Poor at Risk

A national legal aid system is imperative and must be established to offset a widening gap between those who can afford justice and those who cannot, the representative for the U.N.’s office of the High Commissioner for Human Rights (OHCHR) in Cambodia said on Friday. In ...

Lauren Crothers
http://www.cambodiadaily.com/news/lack-of-legal-aid-in-cambodia-puts-children-poor-at-risk-48219/

Hun Sen’s Cabinet Approves $3.5B Draft Budget

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sens-cabinet-approves-3-5b-draft-budget-45985/

Sugar Firm Offers Defense After Call for Probe of EU Trade Links

The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...

Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/

EU funding to the Kingdom rises threefold

The European Union’s delegation to Cambodia will almost triple its funding to the Kingdom over the next five years because the bloc’s aid policy has shifted its focus to least developed countries. Jean-François Cautain, ambassador for the European Union’s delegation to Cambodia, announced the EU would ...

Shaun Turton
http://www.phnompenhpost.com/national/eu-funding-kingdom-rises-threefold

Kings of concessions

Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin, new data released by the Ministry of Agriculture, Forestry and Fisheries show. According to the ministry’s annual report, released last month, since 1993 the ...

May Titthara
http://www.phnompenhpost.com/national/kings-concessions

Talks yet to begin with Malaysia on maid ban

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

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