Prudential granted approval by ministry
Prudential Corporation Asia yesterday received “in-principle” approval from the Ministry of Economy and Finance to establish a foreign-owned life insurance operation in the country, an official statement from the company said. The announcement comes after Canadian life insurance giant Manulife on Thursday made public plans for ...
http://www.phnompenhpost.com/index.php/2012070357155/Business/prudential-granted-approval.html
When trees are cut down, Angkor’s temples begin to crumble
The temples of Angkor in Cambodia are known for their lost-world feel, thanks in part to trees and vegetation that have colonized the structures. While giant roots and trunks pouring over ancient blocks and carvings look cool, the trees are actually a destructive force acting on ...
Rachel Nuwer
http://www.smithsonianmag.com/smart-news/when-trees-are-cut-down-angkors-temples-begin-crumble-180951798/?no-ist
Four more suspects arrested over violent Koh Rong robbery
Four Cambodian men have now been arrested over a violent robbery at a guesthouse on Koh Rong island off the coast of Sihanoukville last week that left a Canadian expatriate with serious head injuries, police said Monday. ...
Khy Sovuthy and Matt Blomberg
https://www.cambodiadaily.com/news/four-more-suspects-arrested-over-violent-koh-rong-robbery-80566/
More Cambodian maid abuse revelations
A Cambodian maid in Malaysia has committed suicide, another was allegedly raped by her employer and a third tortured, according to rights groups and the Ministry of Foreign Affairs, which is investigating the cases. An 18-year-girl is being sheltered at the Cambodian embassy after she was ...
http://www.phnompenhpost.com/index.php/2012070557237/National-news/more-maid-abuse-revelations.html
Cambodia, Timor-Leste agree to promote tourism cooperation
Timor-Leste has expressed a consistent aim to expand tourism cooperation while the Cambodian side urged Timor-Leste to accelerate the signing of a memorandum of understanding (MoU) on tourism cooperation between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50730294/cambodia-timor-leste-agree-to-promote-tourism-cooperation/
Cambodia requires foreigners to pay for COVID-19 test, quarantine, treatment services
Cambodia has required foreigners to pay for COVID-19 lab test, quarantine and treatment services, Economy and Finance Minister Aun Pornmoniroth said in a letter dated Monday and released to the media on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/50732293/cambodia-requires-foreigners-to-pay-for-covid-19-test-quarantine-treatment-services/
Malaria sees no death since 2018
Cambodia will celebrate National Malaria Day on April 25 under the theme, “Zero malaria starts with me”, although there have been no reported deaths from malaria in the Kingdom since 2018. ...
Voun Dara
https://www.phnompenhpost.com/national/malaria-sees-no-death-2018
Gold mine extraction expected this year with more than 40 exploration licences issued
Extraction of the first gold mines in Cambodia has been confirmed to be made within this year, as more than 40 exploration licences on non-mantel mines including gold have been issued to private companies. ...
Khmer Times Staff
https://www.khmertimeskh.com/50716170/gold-mine-extraction-expected-this-year-with-more-than-40-exploration-licences-issued/
First financial leasing company for Cambodia
GL Finance (GLF), the first and only financial leasing company in Cambodia, opened its 11th branch in Phnom Penh on Friday, covering all authorized Honda and NCX dealerships in Phnom Penh and its vicinity. GLF, in partnership with Honda NCX, helps customers buy their own motorbikes and provides ...
Unions warn against ‘race to the bottom’
As the ASEAN Economic Community agreement nears its implementation on December 31, a network of trade unions has warned that the regional labour market’s liberalisation could spark a “race to the bottom” and harm poor Cambodian workers due to rampant cost-cutting. ...
Sen David
http://www.phnompenhpost.com/national/unions-warn-against-race-bottom
Deportation of Chinese scammers was Cambodia’s decision: Kheng
Deputy Prime Minister and Minister of Interior Sar Kheng on Wednesday dismissed rumours of ulterior motives behind the deportation of a Chinese “scammer” group. ...
Sen David
http://www.phnompenhpost.com/national/deportation-chinese-scammers-was-cambodias-decision-kheng
More than two million people benefit from NSSF: Prime Minister
Prime Minister Hun Sen on the 134th of International Labour Day said more 2.1 million people including workers, employee, and public officials have received benefits from the National Social Security Fund (NSSF) since 2008. ...
Va Sonyka
https://www.khmertimeskh.com/50719325/more-than-two-million-people-benefit-from-nssf-prime-minister/
400 factories in Cambodia suspend operations, affecting over 150,000 workers due to COVID-19
About 400 garments, footwear and travel goods factories in Cambodia have suspended their operations, leaving over 150,000 workers jobless due to the COVID-19 pandemic, according to a joint statement on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/50740479/400-factories-in-cambodia-suspend-operations-affecting-over-150000-workers-due-to-covid-19/
Families told to register for cash handouts
The government has called on poor families to apply to commune authorities for evaluation to receive financial support during the Covid-19 crisis. A $300 million budget has been planned for implementation within a year. ...
Voun Dara
https://www.phnompenhpost.com/national/families-told-register-cash-handouts
Cambodia lifts cross-border travel restrictions with Vietnam
The government yesterday informed Vietnam regarding its decision to lift the ban on cross-border movement via borders shared with the country but said prevention guidelines remain in place to mitigate risks of coronavirus transmission. ...
Ben Sokhean
https://www.khmertimeskh.com/50736881/cambodia-lifts-cross-border-travel-restrictions-with-vietnam/
WFP to start phase two of food aid
In order to mitigate the impacts of the pandemic on Cambodia, the World Food Programme (WFP) in cooperation with the Ministry of Education will conduct the second phase of food aid for five provinces in the Kingdom to respond to the current crises. ...
Som Kanika
https://www.khmertimeskh.com/50737380/wfp-to-start-phase-two-of-food-aid/
Up to 15 percent of logistics providers ‘heading for bankruptcy’
The Cambodia Freight Forwarders Association (CFFA) yesterday said the on-going COVID-19 pandemic is seriously damaging logistic providers, with about 10 to 15 percent heading for bankruptcy in the upcoming months. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50737975/up-to-15-percent-of-logistics-providers-heading-for-bankruptcy/
Anti-Corruption Unit probes oknha over land case in Battambang
Oknha Sorng Thorn, the owner of 5,000ha which covers a fourth of Koas Krala district in Battambang province, was taken in for questioning by the Anti-Corruption Unit (ACU) on Saturday in regards to corruption allegations. ...
Long Kimmarita
https://www.phnompenhpost.com/national/anti-corruption-unit-probes-oknha-over-land-case-battambang
Chinese firms invest in mango pest control
At least three Chinese companies are investing in industrial steaming equipment to use in the phytosanitary treatment of agricultural products for export, Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-firms-invest-mango-pest-control
First application for Growth Board IPO coming this month
The Cambodia Securities Exchange (CSX) is set to receive its first-ever initial public offering (IPO) approval application for a company to list on its Growth Board in more than five years since the secondary board was first launched. ...
Harrison White
https://www.khmertimeskh.com/50782645/first-application-for-growth-board-ipo-coming-this-month/