Transparency NGO pulls out as exam monitor
Transparency International (TI) Cambodia on Wednesday announced it would not be dispatching observers to independently monitor the National High School Exams on August 4 and 5 after the Anti-Corruption Unit (ACU) and Education Ministry said they would not allow reserve observers at exam halls. TI says ...
Lauren Crothers
http://www.cambodiadaily.com/news/transparency-international-pulls-out-as-national-exam-monitor-63720/
Cambodian labor unions lower minimum wage demands
Cambodian labor unions this week lowered their demands for a 60 percent increase to the country’s $100 minimum wage, as talks loom next month on setting a new wage.Unions agreed to call for $150 a month during a meeting with officials from the Garment Manufacturers’ ...
Lauren Crothers
http://www.turkishweekly.net/news/171407/cambodian-labor-unions-lower-minimum-wage-demands.html
CNRP to screen banned film on slain union leader Chea Vichea
The opposition CNRP plans to screen the banned documentary film “Who Killed Chea Vichea?” this week to mark the 11th anniversary of the Free Trade Union (FTU) leader’s assassination in front of a newspaper stall in Phnom Penh on January 22, 2004. CNRP public affairs director ...
Kuch Naren
https://www.cambodiadaily.com/news/cnrp-to-screen-banned-film-on-slain-union-leader-chea-vichea-76452/
Fund intended to improve country’s urban sanitation
The government will set up a $5 million fund to allow Cambodia’s 26 provinces and municipalities to take responsibility for waste management in their cities, it was announced recently. With a focus on garbage management, the decentralisation initiative, revealed at a two-day workshop in Phnom Penh ...
Shaun Turton
http://www.phnompenhpost.com/fund-intended-improve-countrys-urban-sanitation
New border crossing set to make trade easier
Planning for the Stung Bot checkpoint on the Thai border is almost finalised, with the construction of new infrastructure to support trade facilitation to be completed by the end of 2018, officials said yesterday. Vasim Sorya, the director general of administration at the Ministry of Public ...
Chan Muyhong
http://www.phnompenhpost.com/new-border-crossing-set-make-trade-easier
Thailand and Cambodia step up to address migrant worker problem
Thailand’s Director-General of Department of Employment Sumet Mahosot and Cambodian Director-General of the Labor Department Seng Sakada today briefed the press about the controversial migrant worker issue. The discussion comprised 4 topics. First, there is the requirement of proof of nationality, so Cambodia will arrange for ...
Thailand National News Bureau News Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNPOL5708180010011
The operator aims to invest $400M in the next two to three years
South East Asia Telecom has partnered with Chinese infrastructure provider ZTE to deploy a FDD-LTE network in Cambodia. Earlier this year, the operator announced plans to invest $400 million over the next two to three years to deploy its 4G LTE network across Cambodia, and ...
Juan Pedro Tomás
http://www.rcrwireless.com/20150623/carriers/seatel-zte-to-deploy-fdd-lte-network-in-cambodia
PM: Economic growth hampered by Covid-19
Prime Minister Hun Sen on Tuesday reiterated that the Kingdom’s projected economic growth of 6.5 per cent will be hit hard by the Coronavirus outbreak, and not because of the EU’s partial withdrawal of the ‘Everything But Arms’ (EBA) scheme. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/pm-economic-growth-hampered-covid-19
Germany pledges further $3.8M for mine clearance
Germany has committed to providing another €3.5 million ($3,841,000) over the next two years to the Halo Trust for landmine clearance in Cambodia in a bid to help the Kingdom reach its landmine-free goal in 2025. ...
Ry Sochan
https://www.phnompenhpost.com/national/germany-pledges-further-38m-mine-clearance
Trade to continue as normal
Although controls have been tightened due to the new coronavirus, trade between Cambodia and Vietnam continues, with the countries aiming to achieve $5 billion in trade by the end of the year, a Vietnamese official has confirmed. ...
May Kunmakara
https://www.phnompenhpost.com/national/trade-continue-normal
Banks see growth in Q1
Loans and deposits at Cambodia’s 31 commercial banks grew 35 per cent and 25 per cent respectively during the first quarter of the year on what insiders called increased soundness in the Kingdom’s financial sector. Outstanding loans at the end of March hit US$4.6 billion, according ...
http://www.phnompenhpost.com/index.php/2012061256735/Business/banks-see-growth-in-q1.html
Renaissance Minerals hits near surface, high grade gold at Okvau in Cambodia
Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/52658/renaissance-minerals-hits-near-surface-high-grade-gold-at-okvau-in-cambodia-52658.html
Steung Trang-Krouch Chhmar Bridge completed 87 percent
The construction of a bridge connecting Kampong Cham’s Steung Trang and Tbong Khmum’s Krouch Chhmar District has been completed 87.5 percent by May and is scheduled for completion by March 2021, according to the Ministry of Public Works and Transport. ...
Sok Chan
https://www.khmertimeskh.com/50729718/steung-trang-krouch-chhmar-bridge-completed-87-percent/
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark
Tycoon and ex-vice governor charged over land grab
Phnom Penh Municipal Court today charged and detained a former vice-governor of Battambang province and a property Tycoon accused of bribery and embezzlement over grabbing nearly 5,000 hectares of state land in Battambang Province’s Kuos Kralor district. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50742353/tycoon-and-ex-vice-governor-charged-over-land-grab/
National Assembly to discuss seven draft laws next week
The National Assembly Permanent Committee meeting yesterday approved the resumption date of the 5th session of the 6th legislature for next Wednesday, to debate and approve seven draft laws related to the economy, trade and air transportation services. ...
Khann Chanvirak
https://www.khmertimeskh.com/50784703/national-assembly-to-discuss-seven-draft-laws-next-week/
Fiscal revenue growth revised down
The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...
Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/
National Assembly passes gambling bill
The National Assembly (NA) opened the 5th Plenary Session of the 6th Legislature on Monday and approved a draft law concerning management of the gambling business. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/national-assembly-passes-gambling-bill
Government insists GDP contraction for 2020 will not be more than -1.9 percent
The Royal Government will stand by its forecast that the economy will not contract by more than -1.9 percent this year. In addition, it has forecasted that positive growth will return in 2021 with an estimated 3.5 percent. ...
France provides $1.7million for Cambodia’s tourism sector
The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/