Water utility says order to drop rates will not dilute its revenues
Prime Minister Hun Sen’s order for the capital’s water supplier to lower its rates and compensate customers for charges incurred under a new payment scheme introduced in May will not have a significant impact on the company’s revenue or growth plans, a finance officer at ...
Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-says-order-drop-rates-will-not-dilute-its-revenues
Superhighway network opens in Cambodia
Viet Nam and Cambodia have jointly launched a Superhighway Telecom Network which is expected to improve internet and telecommunication services in Cambodia and meet customer demands. State-owned Viet Nam Telecom International (VTI) and Telecom Cambodia (TC) inaugurated the 260-km link, which connects VTI’s POP (Point of Presence) in Phnom Penh to HCM City, last Friday. ...
Acleda sets aside $39M for branch expansion
Acleda Bank has reinvested $39 million of profits back into its operations instead of paying out dividends to shareholders, an announcement on its website states. It is the 11th time Alceda has opted to increase registered capital, with the latest top-up taking the bank’s total capital ...
May Kunmakara
http://www.phnompenhpost.com/business/acleda-sets-aside-39m-branch-expansion
CCHR and CIVICUS condemn the Cambodian government’s rejection of key recommendations during its 2nd Universal Periodic Review
Today, 26 June 2014, the Cambodian Center for Human Rights (“CCHR”) and CIVICUS, the global civil society alliance, condemn the Royal Government of Cambodia’s (the “RGC”) decision to reject key recommendations on the human rights situation in the Kingdom of Cambodia put forward by United ...
Cambodian center for Human Rights (CCHR)
KNLF remains on police radar
With 10 alleged members of the “terrorist” Khmer National Liberation Front (KNLF) facing charges of treason, police yesterday threatened further arrests in Cambodia and abroad. The KNUF, or Tiger Head Movement, was accused of attempting to bomb the Cambodia-Vietnamese Friendship Monument in 2007, and the ...
Taing Vida
http://www.phnompenhpost.com/national/knlf-remains-police-radar
Official says $200,000 in fines collected from foreigners without work permits
Since a nationwide census of foreigners began in August, fines totalling nearly $200,000 have been paid into government coffers, an immigration official told the Post yesterday. “According to the law, the immigration police can fine them 200,000 riel [about $49] to 500,000 riel and this ...
Cheang Sokha and Alice Cuddy
http://www.phnompenhpost.com/national/official-says-200000-fines-collected-foreigners-without-work-permits
Compensation: City Hall eyes impact of ‘Sky Bridge’
A study commissioned by the government looking at the impact of the new Techo Sky Bridge project in Phnom Penh has found that 30 families are in line for compensation, as is the neighbouring University of Technology and tycoon Othman Hassan, a secretary of state ...
Sen David
http://www.phnompenhpost.com/national/compensation-city-hall-eyes-impact-sky-bridge
KPMG buys Premier Consulting
KPMG Cambodia has bought out one of its local competitors in an effort to position itself as a leader in accounting, taxation and advisory services before ASEAN integration later this year. A statement issued Friday by KPMG states that the firm acquired Premier Consulting (Cambodia) Limited, ...
May Kunmakara
http://www.phnompenhpost.com/business/kpmg-buys-premier-consulting
Government considering national oil company
The Ministry of Mines and Energy is in the early stages of developing a national oil company, a ministry spokesman said Wednesday. Meng Saktheara, who is also a secretary of state, said his ministry had been working with the Finance Ministry to assess the risks of ...
Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/government-considering-national-oil-company-79538/
US losing by pressuring nations not to join Asia bank
For months, the Obama administration has been putting pressure on its allies, such as Australia, Japan and South Korea, not to join the Asia Infrastructure Investment Bank (AIIB), which Washington sees as a potential rival to the World Bank and Asian Development Bank, which are ...
Chen Weihua
http://usa.chinadaily.com.cn/opinion/2015-03/16/content_19817978.htm
Gov’t announces 5,001 new hires authorized for 2015
A month after Prime Minister Hun Sen issued a directive ordering government bodies to put a halt on new hires—except to fill vacated positions—the Ministry of Public Function has authorized state institutions to hire 5,001 civil servants to replace those who had recently retired, quit ...
Hul Reaksmey
https://www.cambodiadaily.com/news/govt-announces-5001-new-hires-authorized-for-2015-81796/
Cambodian, Chinese firms sign deals for business cooperation
Cambodian and Chinese companies on Monday signed five agreements for business cooperation and joint ventures in construction and agriculture. The deals were signed on the sidelines of an annual Cambodia Import-Export Exhibition here under the presence of Cambodian Commerce Ministry Secretary of State Kem Sithan. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141215/cambodian-chinese-firms-sign-deals-business-cooperation
Ratanakkiri site of informal mining boom: official
Thousands of locals and migrant workers are engaged in illegal mining in Ratanakkiri province, a senior official with the Ministry of Mines and Energy said yesterday. Having returned on Tuesday from an official inspection tour of the province, Meng Saktheara, a secretary of state at the ...
Phak Seangly
http://www.phnompenhpost.com/national/ratanakkiri-site-informal-mining-boom-official
China, Cambodia vow to enhance cooperation on law enforcement, security
China and Cambodia have vowed to further enhance bilateral cooperation on law enforcement and security. During a meeting with Prime Minister Hun Sen on Saturday, Guo Shengkun, Chinese state councilor and public security minister, said the China-Cambodia comprehensive strategic partnership of cooperation has been deepening. ...
Xinhuanet News Staff
http://bit.ly/1EifNRO
Cambodia’s Hun Sen slams ASEAN-splitting TPP
On April 19, the 24th World Economic Forum on East Asia kicked off in the Indonesian capital of Jakarta. One of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...
Prashanth Parameswaran
http://bit.ly/1J4FSoA
Power bill spikes raise alarm
Seemingly arbitrary increases in electricity prices are raising eyebrows in Phnom Penh, as residents’ bills are showing marked-up charges despite unchanged usage patterns – and frequent blackouts. Citizens are lodging complaints with the state-owned electricity company Electricite du Cambodge (EdC), claiming that their bills are rapidly ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/power-bill-spikes-raise-alarm
FAO: World's forests faring better
The bottom line from the Food and Agriculture Organization’s 2015 assessment of global forest resources: The state of the world’s forests is better than it was.The U.N. agency released the report this week ahead of the 14th World Forestry Congress in Durban, South Africa. ...
Joe DeCapua
http://www.voacambodia.com/content/fao-says-world-forests-faring-better/2950891.html
Premier set to travel to Vietnam
Prime Minister Hun Sen is slated to travel to Vietnam soon to meet with senior officials, the Ministry of Foreign Affairs has announced, a trip that will follow a meeting on border affairs between the two states that concluded without reaching an accord in Phnom ...
Lay Samean
http://www.phnompenhpost.com/national/premier-set-travel-vietnam
Cambodia, U.S. reaffirm commitment to continue close cooperation
Cambodia and the United States of America have confirmed their commitment to continue strengthening their bilateral cooperation, especially in the field of trade. ...
Khmer Times Staff
https://www.khmertimeskh.com/50815354/cambodia-u-s-reaffirm-commitment-to-continue-close-cooperation/
200MW power plant in Cambodia commissioned by MAN Energy
Engineering company MAN Energy Solutions and Chinese state-owned energy company China National Machinery Corporation (CHMC) have commissioned a 200MW power generation plant in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50848698/200mw-power-plant-in-cambodia-commissioned-by-man-energy/