Corruption? Not on foreign projects: PM
Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...
http://www.phnompenhpost.com/2013011560783/National/corruption-not-on-foreign-projects-pm.html
Hun Sen Offers ‘Back Pay’ to Ousted Opposition Lawmakers
Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...
Colin Meyn
http://www.cambodiadaily.com/elections/hun-sen-offers-back-pay-to-ousted-opposition-lawmakers-42679/
Banks to expand amid sound macroeconomy
Some of Cambodia’s largest banks and financial institutions have announced plans to expand their businesses following solid macroeconomic performance so far this year. The National Bank of Cambodia (NBC) in July projected that the Kingdom’s economy is poised to have grown 7.1 per cent this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-expand-amid-sound-macroeconomy
Citizen-led media gets new blog
In a bid to highlight abuses in the workplace, an NGO today will officially launch a website and hotline, allowing people to post stories as citizen journalists. The Community Legal Education Center (CLEC) will hold a ceremony this morning promoting their new project, Voice of the ...
Sean Teehan
http://www.phnompenhpost.com/national/citizen-led-media-gets-new-blog
Investment from Vietnam hits a dry patch: CDC
Vietnamese investors shied away from the Cambodian market during the first half of the year as the Council for the Development of Cambodia (CDC) failed to register a single qualified investment project (QIP) from Vietnam during that period for the first time in its 22-year ...
Hor Kimsay
http://www.phnompenhpost.com/business/investment-vietnam-hits-dry-patch-cdc
New MFI To Launch Operations
A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...
http://www.phnompenhpost.com/2013050765436/Business/new-mfi-to-launch-operations.html
Airline will offer more China trips
Cambodia Angkor Air plans to launch chartered flights between Siem Reap and the southeastern coastal Chinese city of Xiamen next month. The national flag carrier plans to take off for China for the first time on July 11, CAA Chairman Tek Reth Samrach said yesterday, the ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062566453/Business/airline-will-offer-more-china-trips.html
Legislature looks at better use of information, media
The General Secretariat of the National Assembly held a workshop on using information and communication technology to improve the transparency of the legislative branch. ...
Pav Suy
http://www.khmertimeskh.com/news/15765/legislature-looks-at-better-use-of-information--media/
MFone workers told to wait
Former employees of the failed telecommunications company MFone have been told they can expect a decision next month on their claims for more than $4 million in compensation. Former Mfone section manager Bou Kunthea said after a meeting yesterday with offic-ials from the Ministry of Social ...
http://www.phnompenhpost.com/2013032062036/Business/mfone-workers-told-to-wait.html
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
Wrangling over wage may spur new unrest
Unions representing garment workers have pledged to reignite protests if the minimum wage for the industry is raised to only $115 next year, a sum they say was offered by the Garment Manufacturers Association in Cambodia during a meeting on Friday. The Labour Advisory Committee (LAC) ...
Mom Kunthear
http://www.phnompenhpost.com/national/wrangling-over-wage-may-spur-new-unrest
As Liquidation of Mfone Begins, Victims and Lawsuits Abound
As insolvency proceedings against bankrupt telecommunications firm Mfone begin, yet another company, Smart Mobile, has filed a court complaint to collect unpaid costs from the mobile operator, and the list of parties to have suffered from the firm’s collapse continue to grow. The Phnom Penh Municipal ...
Cambodia Post Bank authorised to collect taxes
Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...
Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes
Tourism board mulling fresh tourism strategy
Cambodia Tourism Marketing and Promotion Board, a joint institution between the government and the private sector, is studying a new strategy to attract more foreign visitors to the Kingdom, Minister of Tourism Thong Khon said. ...
Hin Pisei
https://www.phnompenhpost.com/business/tourism-board-mulling-fresh-tourism-strategy
DPM Dr. Hang Chuon Naron unveils priorities to promote public schools
The Deputy Prime Minister and Minister of Education, Youth, and Sports highlights priorities to advance the quality of public educational institutions under the 7th mandate government leadership. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353577/dpm-dr-hang-chuon-naron-unveils-priorities-to-promote-public-schools/
Gov’t mulls green incentives
The Ministry of Environment said it is working to make eco-friendly and green technologies tax-free, in order to reduce the cost barriers associated with importing and implementing these technologies, such as the use of solar panels. Speaking at EuroCham’s Green Business Forum in Phnom Penh, Environment ...
Ananth Baliga
http://www.phnompenhpost.com/business/govt-mulls-green-incentives
Japan Loans over $53 Million to Improve Agriculture and Education
Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...
Education Ministry Gets Donation of IT Supplies
The European Union, Unicef and the Embassy of Sweden on Friday donated information technology (IT) supplies worth about $500,000 to the Ministry of Education, Youth and Sport to enhance communication and administrative work, officials said. A total of 96 district education offices, 24 provincial education offices ...
Sek Odom and Denise Hruby
http://www.cambodiadaily.com/news/education-ministry-gets-donation-of-it-supplies-48231/
Bank ordered to replace its logo
ACLEDA Bank, Cambodia’s largest bank in terms of assets, will have to shell out millions in the next three weeks to comply with a Council of Ministers decision last Friday that the private financial institution must redesign and replace its logo on all company materials ...
Hor Kimsay
http://www.phnompenhpost.com/business/bank-ordered-replace-its-logo
MoH issues guidelines to prevent e-cigarettes use
Concerned over the rising use of e-cigarettes and heated tobacco products (HTPs) among Cambodian youth and the health risks these products pose, the Ministry of Education on Friday issued guidelines to prevent the sale and use of these products in public and private educational institutions. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501101486/moh-issues-guidelines-to-prevent-e-cigarettes-use/