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Familiar feel to shuffle

Ten of the Kingdom’s 24 ministerial positions are set to be reshuffled at the launch of the new government, according to an internal party memo obtained yesterday. Among those tapped for a cabinet position is Say Sam El – the 34-year-old son of Senate deputy president ...

Vong Sokheng
http://www.phnompenhpost.com/national/familiar-feel-shuffle

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...

Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/

New visa stamps aim to curb trafficking, illegal employment

The government has introduced a new measure in its fight against human trafficking, with tourist visas now specifically indicating that the bearer is unable to work legally in Cambodia. ...

Chea Sokny
https://www.phnompenhpost.com/national/new-visa-stamps-aim-to-curb-trafficking-illegal-employment

Cambodia to boost military ties to China

Cambodia and China have vowed to take their collaboration on military affairs to a “new height”, according to China’s Ministry of National Defence. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-boost-military-ties-china

One-Stop Office for Rice Exports to Open by April

Minister of Agriculture Chan Sarun announced yesterday that the government would establish its first one-stop service office for rice millers and exporters by the end of the month. The announcement comes two months after Hun Sen signed off on the idea, which is meant to cut ...

State Bank of Vietnam strengthens relations with Cambodian partner

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) held a bilateral meeting in Phnom Penh, Cambodia on September 16 to exchange and share experiences on macroeconomic management, especially in finance and banking. ...

Nhan Dan Newspaper
https://en.nhandan.org.vn/business/item/7922402-state-bank-of-vietnam-strengthens-relations-with-cambodian-partner.html

Government collects $4.5B in revenue from tax, customs

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

Thou Vireak
https://www.phnompenhpost.com/business/government-collects-45b-revenue-tax-customs

Poipet Airport project resumes in Cambodia

The Poipet Airport development project, which had been abandoned for more than 10 years, will resume construction in 2020 as the city welcomes more Chinese, say provincial authorities. Hotel and casino investment firm Holiday Palace began construction of the airport in 2007 and had already ...

Hin Pisei
https://www.phnompenhpost.com/business/poipet-resumes-airport-project

Rights group asks for land data sharing

Rights group Licadho has called on the government to make available statistics on the full extent of economic land concessions (ELCs) in response to data collected by the organisation over five years. ...

May Titthara
http://www.phnompenhpost.com/national/rights-group-asks-land-data-sharing

Festival traffic death toll holds steady

The number of traffic fatalities during the 2015 Pchum Ben festival was nearly the same as last year’s, dropping just three percent.34 people were killed in road crashes between October 10 and 12, one fewer than the 35 killed during the three-day holiday in 2014. ...

Chhay Channyda
http://www.phnompenhpost.com/national/festival-traffic-death-toll-holds-steady

Project aims to spur compliance in tourism sector

With the government placing tourism at the center of efforts to diversify and grow the country’s economy, a French development organization launched a project on Tuesday to encourage companies operating in the sector to comply with labor laws. ...

Meghan Tribe
https://www.cambodiadaily.com/news/project-aims-to-spur-compliance-in-tourism-sector-100665/

Aussie researchers make "important step" toward defeating malaria

Australian scientists have made a significant breakthrough in tackling malaria, one of the world’s deadliest diseases.Research led by the University of Melbourne, in conjunction with Stanford University and the University of Cambridge, has discovered compounds which can target the parasite present in the mosquito-borne virus. ...

Tian Shaohui
http://news.xinhuanet.com/english/2016-02/11/c_135089308.htm

Interbank lending gains traction

The central bank’s efforts to foster development of an interbank lending market appears to be taking off as the demand for negotiable certificates of deposits (NCDs) increased sharply last year, with the financial tool seeing wider usage among the Kingdom’s financial institutions. ...

Hor Kimsay
http://www.phnompenhpost.com/business/interbank-lending-gains-traction

More than 500 apply for June poll

The National Election Committee (NEC) has received more than 500 applications in the first month of registration for commune election observers, according to a statement released on Wednesday. ...

Lay Samean
http://www.phnompenhpost.com/national/more-500-apply-june-poll

Decline in labor complaints compared with last year

Labor dispute complaints in the garment and textile sector declined last year compared with 2015, according to the Arbitration Council, which attributed the drop to the Trade Union Law. ...

Pech Sotheary
http://www.khmertimeskh.com/news/35923/decline-in-labor-complaints-compared-with-last-year/

Thai university to set up tourism school

Thailand’s Rajamangala University of Technology plans to set up a tourism and hospitality institute in Siem Reap province to build the capacity of Cambodians working in the tourism sector. ...

Chea Vannak
http://www.khmertimeskh.com/news/36200/thai-university-to-set-up-tourism-school/

Unions reluctant to join CPP

Some unions seem reluctant to answer the CPP’s call for unionised workers to be allowed to join tomorrow’s launch of campaigning for the June 4 commune elections. ...

Sen David
http://www.khmertimeskh.com/news/38522/unions-reluctant-to-join-cpp/

Campaign decries short contracts

Nearly 1,000 workers from the Collective Union of Movement of Workers on Saturday kicked off a campaign to demand government intervention to end short-term contracts being peddled to a majority of garment workers. ...

Sen David
http://www.khmertimeskh.com/5085121/campaign-decries-short-contracts/

Cambodia is ‘handicapped’ by dollarization

Cambodia is handicapped by the dollarization of its economy in three ways, according to Kith Sovannarith, Deputy Director General of Banking Supervision at the National Bank of Cambodia. ...

Riel Gains
http://www.khmertimeskh.com/news/36365/cambodia-is----handicapped----by-dollarization/

Traders urged to use riel

In an effort to boost the use of the riel, private companies have called on the National Bank of Cambodia (NBC) to ensure that all goods worth less than $100 are priced in riel. ...

Sok Chan
http://www.khmertimeskh.com/news/36683/traders-urged-to-use-riel/

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