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HRH Premier receives Cambodia's Deputy Prime Minister

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa said that Bahrain is looking forward to consolidating ties with Cambodia through bolstering bilateral cooperation at all levels and intensifying exchanged visits between the public and private sectors for their joint interests. ...

Bahrain News Agency Staff
http://www.bna.bh/portal/en/news/622912

Interior Ministry reminds civil servants of ban on two jobs

Department heads within the Interior Ministry must immediately begin enforcing a Royal Decree issued in October that prohibits civil servants from holding two government jobs at the same time, according to a letter issued by ministry Secretary of State Sak Setha last week. ...

Mech Dara
https://www.cambodiadaily.com/news/interior-ministry-reminds-civil-servants-of-ban-on-two-jobs-77588/

Starry-eyed: Promotions handed out to top cops

Nine senior police officers were yesterday officially promoted following the signing of a Royal Decree by acting head of state Chea Sim. The decree, dated April 13, was signed by Sim due to King Norodom Sihamoni being in Beijing for medical treatment. ...

Vong Sokheng
http://www.phnompenhpost.com/national/starry-eyed-promotions-handed-out-top-cops

Seven new ambassadors to leave for overseas posts

Seven newly appointed Cambodian ambassadors met with King Norodom Sihamoni at the Royal Palace on Thursday prior to leaving for their posts in the coming days, said Foreign Affairs Ministry spokesman Koy Kuong, who has been appointed ambassador to Australia and New Zealand. ...

Khuon Narim
https://www.cambodiadaily.com/news/seven-new-ambassadors-to-leave-for-overseas-posts-85434/

Advisers to Say Chhum include disgraced malaria center chief

Thirty-eight people, including a former Health Ministry official under investigation by the Anti-Corruption Unit for accepting more than $350,000 in bribes, were this week appointed as advisers to new Senate President Say Chhum, according to a royal decree obtained Wednesday. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/advisers-to-say-chhum-include-disgraced-malaria-center-chief-86478/

Government to increase cash for Labour to $160 million

The Royal Government has decided to increase the budget for Cash for Labour from $100 million to $160 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776562/government-to-increase-cash-for-labour-to-160-million/

Conservation and tourism plans for protected park in Preah Vihear

The Royal Academy of Cambodia (RAC) is preparing Preah Vihear’s Techo Sen Russey Trep Park for domestic and international tourism and expects to open within three years. ...

Buth Sela
https://www.khmertimeskh.com/50804751/conservation-and-tourism-plans-for-protected-park-in-preah-vihear/

$50-million ADB loan granted to Battambang city

Battambang city governor Leang Veasna announced that through the Royal Government of Cambodia, Battambang city has borrowed $50 million from the Asian Development Bank (ADB). ...

Khmer Times Staff
https://www.khmertimeskh.com/501243465/50-million-adb-loan-granted-to-battambang-city/

Chinese investment in Cambodia to diversify into SME finance

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/

Highland project launches land sales

The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...

Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/

Governor promises solution for remaining Borei Keila families

A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...

Pav Suy
http://www.khmertimeskh.com/news/22698/governor-promises-solution-for-remaining-borei-keila-families/

PPAP seeks to generate $6.4M in IPO

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo

Government undecided on new resettlement sites for evictees

A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian Development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-undecided-on-new-resettlement-sites-for-evictees-102214/

Third tranche of port shares snapped up swiftly

The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/

Longer visas for Chinese, Koreans

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/

Wing, BookMeBus team up

Wing and the online platform company BookMeBus have teamed up to offer bus tickets to the provinces and to Thailand, Laos and Vietnam. The service was officially launched on Friday with the first services available in Wing agencies in Phnom Penh.   ...

Chea Vannak
http://www.khmertimeskh.com/news/38596/wing--bookmebus-team-up/

Custodian could spur fund interest

The government is working on legislation that would create a framework for the establishment of a custodian bank in Cambodia, according to securities firms, which claim the absence of this institution could be deterring foreign investors from participating in share offerings on the local stock ...

Brian Ng
http://www.phnompenhpost.com/business/custodian-could-spur-fund-interest

Defense Minister warns against attempts to ‘topple’ government

Cambodian Defense Minister Tea Banh on Tuesday offered grave warnings to anyone who “tries to topple the current government.” The minister appeared to be addressing the opposition, which has said it will call for mass demonstrations if election reform is not enacted by the ruling Cambodian ...

Heng Reaksmey,
http://www.voacambodia.com/content/defense-minister-warns-against-attempts-to-topple-government/1873692.html

Buildings Up for Demolition Broke Agreement, Not Restrictions

Phnom Penh’s governor on Thursday refused to confirm whether two buildings close to the Royal Palace will be pulled down after local district and commune officials said Wednesday that their demolition due to height violations was imminent. Governor Pa Socheatvong de­clined to comment on the reports ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/news/buildings-up-for-demolition-broke-agreement-not-restrictions-45425/

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