Government

Businessmen Charged Over Mining Deal Fraud

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Eang Mengleng and Simon Lewis
http://www.cambodiadaily.com/news/businessmen-charged-over-mining-deal-fraud-41261/

Cambodian police trained to fight money laundering, terror financing

With an aim of facing the growing challenge in Southeast Asia concerning money laundering and the financing of terrorism, the U.N. Office on Drugs and Crime has stepped in to provide Cambodian police with skills in order to curb this threat, according to a statement ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/130826/cambodian-police-trained-fight-money-laundering-terror

Finance Ministry Accused of Ignoring Education Sector

The Ministry of Education on Tuesday again publicly accused the Ministry of Finance of not injecting enough funds into the education sector in order to bring Cambodia in line with the rest of Southeast Asia. Speaking at the close of a two-day workshop to formulate the ...

Kuch Naren
http://www.cambodiadaily.com/news/finance-ministry-accused-of-ignoring-education%E2%80%88sector-41040/

Fighting a different battle

Sok Ren’s eyes dart from side to side as he explains in a hushed tone why he’s been detained at military barracks in Preah Vihear province, rarely allowed to leave and under near constant surveillance, since July 31. While casting his ballot for the Cambodian People’s ...

May Titthara
http://www.phnompenhpost.com/national/fighting-different-battle

Cambodia expects double growth in rice exports this year: minister

Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-08/27/c_132667860.htm

Fruit Trucks Block Road In Customs Fee Protest

About 30 truck drivers transporting fruit blocked National Road 5 in Banteay Meanchey province’s O’Chrou district for an hour yesterday after customs of­ficials arrested six of their fellow drivers for refusing to pay fees they thought were unreasonable, drivers said. Nou Sal, 35, who transports ...

Hul Reaksmey
http://www.cambodiadaily.com/business/fruit-trucks-block-road-in-customs-fee-protest-40925/

Bribes on rise for test takers

More than half a million dollars in bribes were paid to teachers during last month’s national exams by high school students in Phnom Penh alone, the authors of a new study have found. The study, conducted by the Youth Resource Development Program, found that the average ...

http://www.phnompenhpost.com/national/bribes-rise-test-takers

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8

After poll, confidence dips: study

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

http://www.phnompenhpost.com/business/after-poll-confidence-dips-study

UK to Request Extradition of Biofuel Company’s Chairman

The U.K.’s fraud office plans to request the extradition of a British national currently detained in Cambodia, after it brought charges against four people for their part in a $36 million Ponzi scheme involving a biofuel plantation. Gregg Fryett was arrested in Phnom Penh in March ...

Simon Lewis
http://www.cambodiadaily.com/news/uk-to-request-extradition-of-biofuel-companys-chairman-40796/

UK to Request Extradition of Biofuel Company’s Chairman

The U.K.’s fraud office plans to request the extradition of a British national currently detained in Cambodia, after it brought charges against four people for their part in a $36 million Ponzi scheme involving a biofuel plantation. Gregg Fryett was arrested in Phnom Penh in March ...

Simon Lewis
http://www.cambodiadaily.com/news/uk-to-request-extradition-of-biofuel-companys-chairman-40796/

US, Australia Continue Call For Credible Election Inquiry

In the wake of an announcement by the National Election Committee (NEC) that it has completed its investigation into election irregularities, the U.S. and Australian embassies in Phnom Penh on Monday continued to call for an independent and transparent inquiry into the results of the ...

Colin Meyn
http://www.cambodiadaily.com/elections/us-australia-continue-call-for-credible-election-inquiry-40185/

US Taxman Provides Investigation Training

The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/

Chamber wants new tax laws

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws

Despite Popularity, Rainsy’s Role Remains Uncertain

When opposition leader Sam Rainsy last touched down at Phnom Penh International Airport, he was greeted by some 100,000 supporters in what was the largest opposition rally in Cambodia’s 20 years of democracy. When he returns on Friday from the U.S., where he has been at­tending ...

http://www.cambodiadaily.com/elections/despite-popularity-rainsys-role-remains-uncertain-39565/

Cambodia Delays US Military Aid

Cambodia postponed U.S.-backed military assistance programs immediately after the July 28 national election, officials of both countries confirmed Tuesday, in a move that analysts said reflects a strain in relations after years of strengthening military ties. The U.S. has in recent years expanded training and other ...

http://www.cambodiadaily.com/news/cambodia-delays-us-military-assistance-39509/

Sok An, US Ambassador Discuss Formation of National Assembly

Deputy Prime Minister Sok An met with the top U.S. diplomat in Cambodia on Friday to discuss the formation of the country’s National Assembly following the disputed July 28 election. Both the ruling CPP and opposition CNRP claim to have won the ballot, and the opposition ...

Simon Lewis
http://www.cambodiadaily.com/elections/sok-an-us-ambassador-discuss-formation-of-national%E2%80%88assembly-39090/

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