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New regulations for life insurance

New regulations are to be bought in for the life insurance sector, which has grown from $60 million in 2014 to $80 million last year, according to a senior official from the Ministry of Economy and Finance.   ...

Sok Chan
http://www.khmertimeskh.com/news/22970/new-regulations-for-life-insurance/

PPWSA profits plunge 65%

The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...

May Kunmakara
http://www.khmertimeskh.com/news/26616/ppwsa-profits-plunge-65-/

Thailand asked to stop abuse

The abuse of Cambodians employed in Thailand’s fishing industry was raised yesterday in a letter from the government’s Cambodian Human Rights Committee (CHRC) to their Thai counterparts, calling for improved monitoring of the much criticized and troubled industry. ...

May Titthara
http://www.khmertimeskh.com/news/28271/thailand-asked-to-stop-abuse/

Union agrees to stop protests; factory to set aside complaint

Demonstrations surrounding the establishment of a new union at a garment factory in Kompong Speu province ended Monday after management dropped their complaint against two jailed workers in exchange for protesters agreeing to return to their jobs, a court official and unionists said. ...

Ben Sokhean
https://www.cambodiadaily.com/news/union-agrees-to-stop-protests-factory-to-set-aside-complaint-98387/

1,600 fired garment workers demand jobs back after strike

About 100 garment workers from a factory in Takeo province that supplies German sports brands Puma and Adidas protested in front of the Labor Ministry Wednesday to demand the reinstatement of about 1,600 staff fired last month for striking over inadequate benefits. ...

Sek Odom
https://www.cambodiadaily.com/news/1600-fired-garment-workers-demand-jobs-back-after-strike-100064/

Rights monitor questioned for conducting ‘unlawful’ protest

A senior human rights monitor in Banteay Meanchey province was questioned on Wednesday by the provincial court over a street protest that took place on Monday, but his organization, Adhoc, is claiming that the court breached judicial procedure in getting him there. ...

Kuch Naren
https://www.cambodiadaily.com/news/rights-monitor-questioned-for-conductingunlawful-protest-103245/

Guesthouse guard on the run after murder by chair leg

A guard at a guesthouse in central Phnom Penh is on the run after beating his colleague to death with a wooden chair leg in their shared bedroom on Monday morning, according to police and the family that owns the guesthouse. ...

Saing Soenthrith and George Wright
https://www.cambodiadaily.com/news/guesthouse-guard-on-the-run-after-murder-by-chair-leg-103622/

Sellers urged to return to site of Thailand riot

The Ministry of Foreign Affairs has urged nervous Cambodian vendors to reopen their shops at a market in Thailand across the border from Poipet town after a counterfeits bust by Thai authorities resulted in a riot and arrests earlier this month. ...

Sen David
http://www.phnompenhpost.com/national/sellers-urged-return-site-thailand-riot

Factory agrees to stop poisoning neighbors

About 60 families in Battambang town gathered yesterday to demand that the owner of an ice-making factory stop releasing polluted water into the creek that runs through their neighborhood in Romchek village 5 as well as on their land. ...

Mom Kunthear
http://www.khmertimeskh.com/news/22273/factory-agrees-to-stop-poisoning-neighbors/

Kandal village emblem of Kingdom's domestic abuse problem

As the government issued a familiar package of platitudes and promises on International Women’s Day, a walk through a single rural village in Kandal offered a shocking glimpse into how widespread – and widely accepted – domestic abuse remains in the Kingdom. ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/kandal-village-emblem-kingdoms-domestic-abuse-problem

MFIs moving swiftly on mobile banking

Microfinance institutions (MFIs) have been expanding their financial services to include the use of mobile phones, a move aimed at boosting services for people in rural areas who find it difficult or expensive to travel to offices in towns or villages. ...

Chea Vannak
http://www.khmertimeskh.com/news/22797/mfis-moving-swiftly-on-mobile-banking/

Indian firm considers setting up fun park

Pan India Paryatan Pvt Ltd (PIPPL), the owner of Mumbai-based EsselWorld, one of India’s largest amusement parks, has shown interest in developing a theme park in Cambodia after a meeting with the minister of tourism late last week. ...

Sor Chandara
http://www.phnompenhpost.com/business/indian-firm-considers-setting-fun-park

Waiting to tap rubber’s rebound

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound

Korea donates military vehicles

South Korea has given more than 200 military vehicles to Cambodia and nearly 200 more will arrive in July. The first batch were handed over yesterday at a ceremony at the Techo Hun Sen Military Technical Institute in Kampong Speu province. ...

Ven Rathavong
http://www.khmertimeskh.com/news/36849/korea-donates-military-vehicles/

Emerald’s gold prospects improve

The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...

Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve

China’s ‘Belt and Road’ policy benefits Cambodia, analysts say

The multi-trillion-dollar scheme proposed by Chinese premier Xi Jinping in 2013 aims to promote economic integration across Eurasia by investing in a “Silk Road Economic Belt” and “Maritime Silk Road”, comprising transnational economic corridors and new trade arrangements. ...

Hean Socheata
http://www.voacambodia.com/a/china-belt-and-road-policy-benefits-cambodia-analysts-say/3859343.html

US exports rebound

Exports to the United States rebounded in the first quarter of the year, an increase of almost two percent on the same period last year, despite fears over protectionist trade policies to be ushered in by US President Donald Trump. ...

May Kunmakara
http://www.khmertimeskh.com/news/38644/us-exports-rebound/

CMAC unearths cache of 1,800 pieces of UXO

The Cambodian Mine Action Centre (CMAC) has unearthed more than 1,800 pieces of unexploded ordnance in Kandal province’s Takhmao town, with authorities saying they believe it was buried there for the July 1997 factional fighting in Phnom Penh. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/cmac-unearths-cache-1800-pieces-uxo

Preah Sihanouk families seek titles

About a hundred families in Preah Sihanouk province gathered outside their local commune office on Tuesday to demand authorities follow through on what they said were promises to give them titles to land in what is now a Chinese land concession. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/preah-sihanouk-families-seek-titles

Villagers attack officials after logging bust

Police are investigating after a mob of villagers in Preah Vihear province let fly with fence posts in a clash with environmental officials following a logging bust, leaving the chief of Prey Preah Roka Wildlife Sanctuary with a serious head injury. ...

Niem Chheng
http://www.phnompenhpost.com/national/villagers-attack-officials-after-logging-bust

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