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KDIC digs in to recover local Korean assets

South Korea’s state-run deposit insurer opened its first overseas branch in Phnom Penh yesterday in a move to sell off the bank and property assets of Korean banks that went belly up in 2011. ...

Kali Kotoski
http://www.phnompenhpost.com/business/kdic-digs-recover-local-korean-assets

Ministry to push quality control

The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday.   ...

Sum Manet
http://www.khmertimeskh.com/news/37270/ministry-to-push-quality-control/

CSX listed companies show good Q1 results

Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue.   ...

May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/

US examines food standards

The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity for Cambodian agricultural products to be exported to the US. ...

Chea Vannak and Sum Manet
http://www.khmertimeskh.com/5077840/us-examines-food-standards/

ACU says US more corrupt than Cambodia

The chairman of the Anti-Corruption Unit gave a press conference yesterday in which he claimed that corruption was present in every country, and was worse in the United States than in Cambodia.   ...

May Titthara
http://www.khmertimeskh.com/5098128/acu-says-us-corrupt-cambodia/

Cambodia Post hopes to deliver for e-giants

State-owned Cambodia Post plans to launch a new e-commerce company in a move to latch onto the growth of online transactions in the Kingdom and diversify its revenue streams, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-post-hopes-deliver-e-giants

Encryption aid deal inked

Vietnam inked a deal with Cambodia on Friday to provide more than half a million dollars’ worth of training in encryption coding, prompting some to question the wisdom of accepting foreign help to protect state secrets. ...

Vong Sokheng
http://www.phnompenhpost.com/national/encryption-aid-deal-inked

Tycoon to get $200 million for pig farm

To capitalise on a rising demand for pork, a state-owned Chinese company is pouring $200 million into ruling party senator and tycoon Mong Reththy’s pig farm in Preah Sihanouk province. ...

May Kunmakara
http://www.phnompenhpost.com/business/tycoon-get-200-million-pig-farm

Convicted dissident gets green light to register party

The Interior Ministry has given Cambodian dissident Sourn Serey Ratha permission to proceed with the registration of a political party despite the self-exiled government critic’s recent conviction in absentia for plotting an attack on the state. ...

Hul Reaksmey
https://www.cambodiadaily.com/news/convicted-dissident-gets-green-light-to-register-party-79308/

A minister says India has not yet reacted back to Cambodia

Minister of Information Khieu Kanharith said Cambodia has not yet received any reactions from India over Angkor Wat replica in Biha State after sending a protest note to the Ministry of External Affairs of India concerning the plan. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/a-minister-says-india-has-not-yet-reacted-back-to-cambodia-8675

Flood-damaged cars could inundate market

After flooding in May left much of the US state of Texas underwater, auto industry insiders are warning that water-damaged vehicles from the US could start appearing in Cambodian gray market auto dealerships, disguised to look new. ...

Donald Lee and Igor Kossov
http://www.khmertimeskh.com/news/12979/flood-damaged-cars-could-inundate-market/

China overtakes S. Korea to become largest tourist source of Cambodia's Angkor

China has overtaken South Korea to become the largest tourist source of Cambodia’s Angkor world heritage site, Cambodia’s state-run Agence Kampuchea Press (AKP) reported on Monday, citing a senior tourism official. ...

Ecns.cn News Staff
http://www.ecns.cn/2015/08-04/175675.shtml

Hun Sen to attend WEF on Asean

Caretaker Prime Minister Hun Sen will attend three days of meetings at the World Economic Forum (WEF) on Asean in Hanoi next month, alongside seven other Southeast Asian heads of state, a WEF release said on Wednesday. ...

Hor Kimsay
https://www.phnompenhpost.com/business/hun-sen-attend-wef-asean

Government launches eco, biodiversity policies

The Ministry of Environment has begun implementing the policies of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), an intergovernmental body which assesses the state of biodiversity in response to requests from decision makers. ...

Ry Sochan
https://www.phnompenhpost.com/national/government-launches-eco-biodiversity-policies

Interior ministry official charged over land grab

Phnom Penh Municipal Court on Saturday charged a government official who allegedly tried to grab state land by fraudulently using Interior Minister Sar Kheng’s wife’s name to threaten a commune chief in Preah Sihanouk province. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50542474/interior-ministry-official-charged-over-land-grab-2/

Forestry, wildlife crimes drop at Koh Kong sanctuary

Koh Kong provincial authorities said on Sunday that illegal forestry and wildlife trafficking crimes have decreased considerably at the Peam Krasop Wildlife Sanctuary, although authorities are still investigating cases of encroachment on state land at the site. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/forestry-wildlife-crimes-drop-koh-kong-sanctuary

His Majesty the King leaves for visit in Vietnam

His Majesty Norodom Sihamoni, King of Cambodia, departed here this morning for a visit and holiday in Vietnam, at the invitation of the Government of Vietnam, according to the state news agency-AKP. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/his-majesty-the-king-leaves-for-visit-in-vietnam-9027

China admiral talks warships with Cambodia as navy drill shores up ties

China held a joint naval drill with Cambodia for the first time on Friday, tightening a budding relationship that could give Beijing a small but strategic foothold in a region being strongly courted by the United States. ...

Reuters
http://www.voacambodia.com/content/china-admiral-talks-warships-with-cambodia-as-navy-drill-shores-up-ties/3209867.html

New head of human rights committee

Keo Remy, a Council of Ministers secretary of state and former member of the opposition, will replace Mak Sambath as the head of the Cambodia Human Rights Committee (CHRC), according to a Royal Decree issued last Wednesday. ...

Taing Vida
http://www.khmertimeskh.com/news/24718/new-head-of-human-rights-committee/

Central Bank projects 7.1% growth in 2H16

The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...

Post Staff
http://www.phnompenhpost.com/business/central-bank-projects-71-growth-2h16

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