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Gov’t vows crackdown on lawbreaking contractors

Contractors that dodge requirements to register with the social security fund, leaving workers to foot their hospital bills alone, will start facing harsher legal penalties, the director of the National Social Security Fund (NSSF) said.  ...

Jonathan Cox and Tin Sokhavuth
http://www.khmertimeskh.com/news/18493/gov---t-vows-crackdown-on-lawbreaking-contractors/

Nagacorp could bid on Cyprus casino licence

Nagacorp Ltd, the parent company of NagaWorld, Cambodia’s biggest casino, is expected to bid on a licence to operate the first casino resort in Cyprus, according to a media report from the Mediterranean island. ...

Post Staff
http://www.phnompenhpost.com/business/nagacorp-could-bid-cyprus-casino-licence

Opposition casts doubt on NEC leadership, staff

The National Election Committee (NEC) yesterday appointed Tep Nytha to another term as secretary general, in a selection process that civil society and opposition party members have criticized as fraudulent and closed from public scrutiny. ...

Taing Vida
http://www.khmertimeskh.com/news/21786/opposition-casts-doubt-on-nec-leadership--staff/

Muhibbah’s profits rise on Cambodian activities

Malaysian conglomerate Muhibbah Engineering Bhd reported that revenue declined 7.5 per cent last year, but gross profit increased in part due to its stake in the company that operates Cambodia’s three international airports. ...

Post Staff
http://www.phnompenhpost.com/business/muhibbahs-profits-rise-cambodian-activities

Firm to advise on offshore financial products

Tag Wealth International, a subsidiary of Australian financial services company Tag Group, will establish a permanent office in Phnom Penh to provide services for expatriates living in Cambodia, its director said yesterday. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/firm-advise-offshore-financial-products

Panel advises Cambodia on sustainable resource development

Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...

Ven Rathavong
http://www.khmertimeskh.com/news/22619/panel-advises-cambodia-on-sustainable-resource-development/

PM urges tighter rules on micro loans

Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...

Chea Vannak
http://www.khmertimeskh.com/news/22751/pm-urges-tighter-rules-on-micro-loans/

Geopacific shines on latest test drill results

Australian mining firm Geopacific Resources Ltd has made a new discovery of high-grade gold and silver mineralisation during exploratory drilling at a remote site in northern Cambodia, the company said in an announcement yesterday.   ...

Cam McGrath
http://www.phnompenhpost.com/business/geopacific-shines-latest-test-drill-results

Thai-Cambodia border meeting focuses on security

A delegation of Cambodian officials will head to Thailand for three days this week for the 11th Cambodia-Thailand General Border Committee (GBC) meeting, which will focus on strengthening security and border development between both countries. ...

Ban Sokrith
http://www.khmertimeskh.com/news/22983/thai-cambodia-border-meeting-focuses-on-security/

Taxes on local alcohol and cigarettes increased

The government will increase the special tax on alcohol and cigarettes produced locally, with the implementation of the new tax to be effective from April 1, a move that has concerned producers. ...

Chea Vannak and Sum Manet
http://www.khmertimeskh.com/news/23126/taxes-on-local-alcohol-and-cigarettes-increased/

Central Bank to put focus on MFIs

“The Microfinance Sector in Cambodia: Opportunities and Risks” is an attempt to get a wider view and deeper insight from various researchers on fostering a robust, stable and sustainable microfinance sector, the National Bank of Cambodia (NBC) said in a statement yesterday.   ...

May Kunmakara
http://www.khmertimeskh.com/news/24373/central-bank-to-put-focus-on-mfis/

Government wage hikes depend on cost cutting

Slashing unnecessary spending by ministries will allow the government to guarantee a monthly minimum wage of $250 for civil servants in time for the 2018 national election, a secretary of state at the Finance Ministry said on Tuesday.   ...

Kang Sothear
http://www.cambodiadaily.com/news/government-wage-hikes-depend-on-cost-cutting-114142/

Water supplier blames losses on forex rates

Listed utility Phnom Penh Water Supply Authority (PPWSA) said in a filing to the Cambodian Securities Exchange (CSX) yesterday that a sharp decline in net profit during the first three months of the year was the result of exchange rate fluctuations. ...

Post Staff
http://www.phnompenhpost.com/business/water-supplier-blames-losses-forex-rates

Parents using toxic balms on babies: report

Cambodian parents are commonly using medicinal balms and oils such as “Tiger Balm” on their newborn children despite potentially toxic effects, according to a new report.   ...

Erin Handley and Kong Meta
http://www.phnompenhpost.com/national/parents-using-toxic-balms-babies-report

Prime Minister puts island projects on notice

Prime Minister Hun Sen used his Facebook page this week to order his government to revoke the project licenses of companies failing to develop islands off the coast of Cambodia, or—worse—trying to sell them off to others. ...

Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-puts-island-projects-on-notice-116299/

NGOs urge UN action on human rights

Twelve NGOs have issued an open letter to the UN Human Rights Council urging it to adopt a strong resolution on what they term the grave deterioration of the human rights situation in Cambodia. ...

Jack Davies
http://www.phnompenhpost.com/national/ngos-urge-un-action-human-rights

Police open fire on logger’s car

Police in Stung Treng province seized an unspecified amount of luxury wood after shooting out a tire of a Toyota SUV that tried to run a checkpoint on Sunday night in Sesan district. ...

Pav Suy
http://www.khmertimeskh.com/news/29649/police-open-fire-on-logger---s-car/

On Israeli farms, Cambodians study and sweat

For the past 11 months, Seng Nhel lived on a kibbutz in Israel, studying horticulture and working 45 hours a week on a farm growing fruits and vegetables for agro-industry giant Mehadrin. ...

Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/on-israeli-farms-cambodians-study-and-sweat-94321/

After scramble, campaign on Nauru ramps up

Less than two weeks after Australia’s immigration minister met with Prime Minister Hun Sen in Phnom Penh following media reports that a controversial refugee deal had collapsed, a spokesman for an organization that monitors refugees on Nauru said that asylum seekers there are again being ...

George Wright
https://www.cambodiadaily.com/news/after-scramble-campaign-on-nauru-ramps-up-94837/

CNRP sets sights on changes in assembly

The Cambodia National Rescue Party proposed a bold set of regulations for the National Assembly in an interparty meeting yesterday, calling for, among other things, a larger share of the body’s budget, and minority party control over the assembly’s purse strings, an opposition working group ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-sets-sights-changes-assembly

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