Congestion costing ‘$6 million a month’
Phnom Penh authorities yesterday offered an economic argument for ministries, motorists and citizens to respect traffic laws, claiming that congestion-related costs in the capital were setting the country back about $6 million per month. ...
Pech Sotheary and Mom Kunthear
http://www.phnompenhpost.com/national/congestion-costing-6-million-month
Khmer specialized bank opens
Khmer Specialized Bank, a subsidiary of Khmer Holding Group, was officially inaugurated to offer financial services to Cambodians yesterday, with $21 million worth of investment capital and becoming the 13th specialized bank in Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/news/25178/khmer-specialized-bank-opens/
Malaysian firm to list on Cambodian stock market
Cambodia’s fledgling stock exchange could receive a much-needed boost after Malaysian-owned power infrastructure provider Pestech Cambodia officially submitted its application for an initial public offering on the CSX, industry insiders said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/malaysian-firm-list-cambodian-stock-market
Fee protection plea for Hong Kong workers
Spokesmen for the Cambodian and Hong Kong governments are urging agencies not to charge excessive fees to Cambodian domestic helpers wanting to work in Hong Kong and offered reassurance that their rights would be protected. ...
Mom Kunthear
http://www.khmertimeskh.com/5077731/fee-protection-plea-hong-kong-workers/
Talks narrow gap in minimum wage
Union negotiators on the minimum wage for garment, textile and footwear workers have lowered their claim from $176.26 per month to $175 while the employers have increased their offer from $161 to $161.50. ...
Mom Kunthear
http://www.khmertimeskh.com/5084033/talks-narrow-gap-minimum-wage/
In Mondolkiri Province, Asian Wild Elephants Are Thriving
New York-based organization Wildlife Conservation Society (WCS) has released some remarkable footage of wild Asian elephants in Mondolkiri’s Seima district that offers a rare view of the endangered species in its natural habitat. ...
Lauren Crothers
http://www.cambodiadaily.com/news/in-mondolkiri-province-asian-wild-elephants-are-thriving-19970/
Viet Nam wins Philippines' rice supply deal
Viet Nam won a bid for rice supply to the Philippines late last week, with an offer of US$410.12 per tonne, according to the Philippines’ National Food Authority (NFA). ...
Viet Nam News Staff
http://bit.ly/1T8igmp
Boycott of Virak Buntham bus company launched
In the face of growing criticism and calls for a boycott of their services, Virak Buntham bus company has offered compensation to a customer who says he was robbed on a Siem Reap to Sihanoukville sleeper bus. ...
Jack Laurenson
http://www.khmertimeskh.com/news/14989/boycott-of-virak-buntham-bus-company-launched/
Abuse allegations dog latest oknha honouree
A wealthy tycoon who stands accused of savagely abusing two teenage maids for nearly a decade has been anointed with the sought-after honourific of oknha. In a royal decree dated July 26 and obtained yesterday, Veng Lyphytech – who, along with his wife, Ly Pov, faces ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/abuse-allegations-dog-latest-oknha-honouree
Hun Manet: Kingdom attracts new investors
Cambodia is emerging as one of the region’s most attractive countries for new business expansion and investments, driven by political stability and high economic growth over the past two decades, according to Royal Cambodian Armed Forces (RCAF) deputy commander and Royal Cambodian Army (RCA) commander ...
May Kunmakara
https://www.phnompenhpost.com/business/hun-manet-kingdom-attracts-new-investors
New twist in Cambodian sugar firm saga
Taiwanese food supplier Ve Wong, one of two sugar company owners locked in a long-running battle with villagers in Koh Kong’s Sre Ambel district, has made an eyebrow-raising offer – to give the disputed land back. The company’s offer, posted to the non-profit Business and Human ...
‘Positive impact’: Prey Lang forest app wins award
Danish researcher Ida Theilade has been bestowed the University of Copenhagen’s Innovation Award 2018 for inventing a smartphone app that can prevent illegal logging and preserve forest resources in the Prey Lang forest. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/positive-impact-prey-lang-forest-app-wins-award
PM announces plan for social security system
Prime Minister Hun Sen yesterday announced that the government has plans to have a functioning social security system operational in the country by 2025, including universal health care, unemployment insurance and old-aged pensions. ...
Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/pm-announces-plan-social-security-system
Hundreds to seek pardon from King
About 800 prisoners will be considered for Royal pardons or reduced sentences as part of Water Festival events, Such Sophan Nara, director of the Ministry of Justice’s penal department, said yesterday. ...
May Titthara
http://www.phnompenhpost.com/national/hundreds-seek-pardon-king
Cambodian King appoints 24 royalist officials as advisors
Cambodian King Norodom Sihamoni has appointed 24 royalist Funcinpec Party figures as advisors to government led by Prime Minister Hun Sen, according to a royal decree released to the media on Monday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodian-king-appoints-24-royalist-officials-as-advisors-8257
Borei Keila evictees call for gov’t clarification
About 30 members of the displaced Borei Keila community rallied outside Phnom Penh City Hall on Friday, seeking clarification about the compensation on offer to them amid complaints that municipal authorities have not been keeping the community informed. ...
Khuon Narim
https://www.cambodiadaily.com/news/borei-keila-evictees-call-for-govt-clarification-102882/
Livelihood incentive for workers as industrial park enters JV
Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...
Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv
Livelihood incentive for workers as industrial park enters JV
Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...
Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv
Cambodia taps Japanese blockchain tech for payment system
The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money. ...
Family, firm still at odds over land
While one of the two Phnom Penh families embroiled in a long-running land dispute with the Khun Sear Import Export Company this week accepted a compensation offer, the other says it has no plans to back down. ...
Chhay Channyda
http://www.phnompenhpost.com/national/family-firm-still-odds-over-land