Amret moves up the ratings ladder
Amret Microfinance Institution, one of the largest in Cambodia’s crowded market, yesterday announced it had received an A- rating from independent rating agency Microfinanza, which is based in Italy, for improving its operation and for its strong performance over the past year. ...
May Kunmakara
http://www.khmertimeskh.com/news/23063//
GTI profits rise 157 per cent
After posting an overall decline in profit of 70 per cent in 2015, Grand Twins International (GTI), the only publicly traded garment firm, reported bullish earnings for the first quarter of this year signalling hope that the manufacturer could launch a winning streak. ...
Kali Kotoski
http://www.phnompenhpost.com/business/gti-profits-rise-157-cent
Police to start enforcing traffic ticket fines
Motorists who have not paid their tickets since the new traffic law came into force in January will be sent to court if they do not produce the cash in the next 15 days, according to the National Police. ...
Khuon Narim
https://www.cambodiadaily.com/news/police-to-start-enforcing-traffic-ticket-fines-114555/
Minister puts neo-natal intensive care on agenda
Health Minister Mam Bun Heng has issued a directive for all private maternity clinics and hospitals to establish neo-natal intensive care units – which treat seriously ill newborns and premature infants – in order to further reduce maternal and child deaths in the Kingdom. ...
Kong Meta
http://www.phnompenhpost.com/national/minister-puts-neo-natal-intensive-care-agenda
Interior Ministry investigates forgery
The Immigration Department at the Interior Ministry has put in a request to the Phnom Penh Municipal Court prosecutor to conduct a preliminary investigation into a commune chief who allegedly forged a birth certificate for a Chinese national in exchange for $12,000. ...
May Titthara
http://www.khmertimeskh.com/news/32060/interior-ministry-investigates-forgery/
Higher skills for a busy aviation sector
In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/higher-skills-busy-aviation-sector
Smart-AIA partnership
Smart Axiata Co., Ltd. and AIA (Cambodia) Life Insurance Plc. have jointly announced a long-term partnership in bringing differentiated life Insurance products and services to people in Cambodia to meet their growing financial protection and long-term saving needs. ...
Chea Vannak
http://www.khmertimeskh.com/news/37545/smart-aia-partnership/
CPP official quits district post to secure commune seat for ruling party
In a country known for its political patronage networks, volunteering for a demotion is rare. But Moeung Visalsok, 46, a ruling Cambodian People’s Party district council member in Kampong Chhnang province, is doing just that. ...
Parliament boycotts bear little fruit for opposition
While highly contentious new rules were being passed in the National Assembly on Monday banning the CNRP from collaborating with its former leader Sam Rainsy, photographs were posted to Facebook of senior opposition lawmakers dining at a riverside hotel in Kampot province. ...
George Wright
https://www.cambodiadaily.com/news/parliament-boycotts-bear-little-fruit-for-opposition-132457/
Takeover of Zaman possible, ambassador says
Turkey is in talks with the Cambodian government over the possibility of taking control of the Zaman-operated schools in Phnom Penh, which it alleges have links to a “terrorist organization” behind last year’s attempted coup, the Turkish ambassador said on Friday. ...
George Wright
https://www.cambodiadaily.com/news/takeover-of-zaman-possible-ambassador-says-132562/
Sesan dam goes online, while PM dismisses environmental concerns
The floodgates of the largest and most controversial dam project in the country’s history officially closed yesterday at an inauguration ceremony presided over by Prime Minister Hun Sen, who took aim at environmentalists, ambassadors and NGOs in a wide-ranging speech. ...
Phak Seangly and Daphne Chen
http://www.phnompenhpost.com/national/sesan-dam-goes-online-while-pm-dismisses-environmental-concerns
Government fails to recoup on rubber expenses
Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup on expenses it has spent sending expert technicians into the field in order to help boost production. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-fails-recoup-rubber-expenses
World Bank says Cambodia vulnerable to rising sea levels
The World Bank said in a recent report that Cambodia is among 12 countries in East Asia and the Asia-Pacific that are vulnerable to rising sea levels which could lead to the loss of land and force millions of people to relocate. ...
Mom Sophon
http://www.khmertimeskh.com/50114119/world-bank-says-cambodia-vulnerable-to-rising-sea-levels/
Minister: Lower logistics costs
With the government hoping to attract overseas investment and increase the export of agricultural products, Transport Minister Sun Chanthol is urging a reduction in logistics costs to make Cambodian products more competitive and eliminate corruption in the process. ...
Chea Vannak
http://www.khmertimeskh.com/news/33500/minister--lower-logistics-costs/
Construction industry cooling down: analysts
Government revenue collected on property transfers and construction services dropped off by 25 percent last year, reflecting a slowdown of the Kingdom’s construction sector despite a surge in the reported value of investment in real estate development projects, according to analysts. ...
Hor Kimsay
http://www.phnompenhpost.com/business/construction-industry-cooling-down-analysts
China to donate new infectious disease lab
Cambodia and China inked a deal yesterday to build a new communicable disease control facility in the Kingdom for the country to expand its capacity to detect and respond to communicable disease outbreaks, such as Zika and Ebola, in a timely fashion. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/china-donate-new-infectious-disease-lab
Laos-Cambodia border closed over tensions
In the latest flare up in tensions between the two countries, Lao authorities temporarily shut a border crossing with Cambodia and dispatched more troops to an undemarcated area on the northern border after Cambodian authorities began renovating an old French border outpost. ...
Mech Dara
http://www.phnompenhpost.com/national/laos-cambodia-border-closed-over-tensions
Kingdom’s largest wholesale outlet to kick off end of 2017
Earlier this month, Makro, a well-known wholesale supermart based in Bangkok, Thailand, began putting up signs on the zinc walls surrounding its sales office in Phnom Penh’s Sen Sok district, advertising its imminent opening at the end of the year. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/kingdoms-largest-wholesale-outlet-kick-end-2017
Cambodia daily reporters could be summoned after elections
Two Cambodia Daily journalists accused of incitement and violating voters’ rights for asking questions in advance of Sunday’s commune elections in Ratanakkiri province will likely be summoned for questioning after Election Day, a provincial court prosecutor said. ...
Van Roeun
https://www.cambodiadaily.com/second2/cambodia-daily-reporters-summoned-elections-130865/
Economists assail opposition proposal to ditch US dollars
Economists on Tuesday lambasted the CNRP’s proposal to eliminate the use of U.S. dollars for transactions in the country within one year of a victory in next year’s national elections, saying the policy would be “a disaster” and “impossible.” ...
Brendan O’byrne
https://www.cambodiadaily.com/news/economists-assail-opposition-proposal-to-ditch-us-dollars-131307/