Government

National government

Exports rose 19 percent: Commerce Ministry

The Commerce Ministry yesterday announced a 19 percent surge in exports for the year and a quadrupling of revenue collected from import licence fees, but would not provide analogous figures for total imports or explain what could be driving the increases. According to the ministry’s annual ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/exports-rose-19-percent-commerce-ministry

Hun Sen’s ‘vision’ would see him bypass National Assembly, shrink cabinet

During a cabinet meeting on Friday, Prime Minister Hun Sen announced a “vision” to shrink the country’s cabinet by excluding secretaries and undersecretaries of state from the body, and to be given the right to bypass the National Assembly by appointing them directly, according to ...

Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national-politics/hun-sens-vision-would-see-him-bypass-national-assembly-shrink-cabinet

SECC cuts transaction fees for derivative trades

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Hor Kimsay
http://www.phnompenhpost.com/business/secc-cuts-transaction-fees-derivative-trades

Government will not look into Funcinpec request for aid from China

Interior Ministry spokesman Khieu Sopheak said royalist party Funcinpec will not be investigated for requesting funds from China, despite an article in the Law on Political Parties banning parties from receiving financial support from foreign governments and institutions. ...

Ben Sokhean
http://www.phnompenhpost.com/national-politics/government-will-not-look-funcinpec-request-aid-china

Whistleblower law nearly done: ACU

Anti-Corruption Unit (ACU) boss Om Yentieng has said the Kingdom’s whistleblower and witness protection draft law was nearly complete, while at the same time lashing out at Transparency International Cambodia for not assisting in the process, something the group flatly denied. ...

Phak Seangly
http://www.phnompenhpost.com/national-politics/whistleblower-law-nearly-done-acu

Oddar Meanchey carbon scheme used by Virgin ‘does not work’

Claims the military is involved in systematically clearing forest in Oddar Meanchey province in an area meant to be protected by a carbon credit scheme involving Virgin Atlantic have prompted the UK-based airline to launch an investigation into the program. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/oddar-meanchey-carbon-scheme-used-virgin-does-not-work

New solar and wind power project unveiled

Officials from the Ministry of Mines and Energy have announced a new project that will provide a boost to the local renewable energy sector by electrifying three key provinces with the use of small-scale solar and wind power devices. ...

Chea Vannak
http://www.khmertimeskh.com/5098012/new-solar-wind-power-project-unveiled/

New Thai regulations for migrants hit by delay

New Thai regulations imposing stiff punishments on undocumented migrants, their brokers and their employers set to come into force on January 1 will likely be delayed by three to six months, according to Cambodian Minister of Labour Ith Sam Heng. ...

Yon Sineat
http://www.phnompenhpost.com/national/new-thai-regulations-migrants-hit-delay

City governor tackles illegal medication sales

The Phnom Penh governor said he would crack down on pharmacies who do not follow the laws of the Health Ministry. Governor Khuong Sreng vowed to ban practices such as the selling of medication without a license and the dissemination of illegal medications, and to search ...

Mom Sophon
http://www.khmertimeskh.com/5098125/city-governor-tackles-illegal-medication-sales/

Changes ahead for Sihanoukville

The government is planning to build a massive economic zone in Preah Sihanouk province to accommodate up to 10,000 factories similar to Thailand’s eastern economic corridor. ...

May Kunmakara
http://www.khmertimeskh.com/5097894/changes-ahead-sihanoukville/

Industrial development plan to boost economy is ‘90%’ on track​

An ambitous 10-year plan to boost the country’s industrial development is “90 percent” on track and has earned the approval of Prime Minister Hun Sen, government representatives said yesterday.​ ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/industrial-development-plan-boost-economy-90-track

Typhoon Tembin to bring heavy rain next week

All provinces, especially those along the border with Vietnam, will be affected by heavy rain when Typhoon Tembin hits next week. The Ministry of Water Resources and Meteorology announced that Tembin appeared in the Pacific Ocean yesterday and is currently in the Philippines. ...

Mom Kunthear
http://www.khmertimeskh.com/5097622/typhoon-tembin-bring-heavy-rain-next-week/

Malaysia firm to bring Oddar Meanchey onto national power grid

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has won a $26 million job to start on a new electricity project in Cambodia that will see Oddar Meanchey province connected to the national power grid, according to a filing on the Malaysian stock exchange.​ ​ ...

Hor Kimsay
http://www.phnompenhpost.com/business/malaysia-firm-bring-oddar-meanchey-national-power-grid

Airport trains to be ready by April

The new railway line from the Phnom Penh train station to the airport will be launched before the Khmer New Year in April, according to the Ministry of Public Works and Transport. ...

Mom Sophon
http://www.khmertimeskh.com/5097577/airport-trains-ready-april/

Sokha laywers snub questions

Jailed opposition leader Kem Sokha’s lawyers yesterday boycotted the questioning of their client on “treason” charges at Trapaing Phlong Prison to protest the judge’s decision not to question him at the Phnom Penh Municipal Court.​ ...

Ben Sokhean
http://www.phnompenhpost.com/national/sokha-laywers-snub-questions

Insiders say new concrete factories not enough to stabilise local sector

Four new Cambodian cement factories are set to come online in the near future, tripling the number of local producers, but insiders and officials this week maintained that even increased capacity will not significantly lower rates of cement imports to Cambodia due to prevailing high ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/insiders-say-new-concrete-factories-not-enough-stabilise-local-sector

Private entities handed state land

The government has converted three plots of land in Phnom Penh from state public property to state private property – effectively handing them to private entities – including a Ministry of Planning office on Monivong Boulevard that was transferred to the son-in-law of a senior ...

Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national-politics/private-entities-handed-state-land

Nine new US deportees touch down in Kingdom

Nine Cambodians deported from the US arrived yesterday in Phnom Penh, days after a US judge temporarily blocked a flight set to carry more than 50 Cambodian deportees to the Kingdom. ...

Daphne Chen and Chhay Channyda
http://www.phnompenhpost.com/national/nine-new-us-deportees-touch-down-kingdom

PM dares landlords to get rent hikes from him

Prime Minister Hun Sen reiterated his demand for the owners of garment worker housing to freeze rents in 2018 yesterday, telling the leasers to come to him personally if they disagreed with the order. ...

Yon Sineat
http://www.phnompenhpost.com/national/pm-dares-landlords-get-rent-hikes-him

Hun Sen vows to launch new bank for SMEs

Prime Minister Hun Sen yesterday pledged to start a new bank with an initial capital of $100 million to provide financing for small and medium enterprises (SMEs), with industry players saying its success hinged on whether concessional or low interest rates could be provided to ...

Hor Kimsay
http://www.phnompenhpost.com/business/hun-sen-vows-launch-new-bank-smes

China to provide funds of $7 million

China will provide Cambodia with more than $7 million today to implement a variety of projects across the kingdom through the Lancang-Mekong Cooperation Special Fund. Foreign Affairs Minister Prak Sokhonn and Chinese Ambassador to Cambodia Xiong Bo will sign the agreement at the Foreign Affairs Ministry, ...

Khy Sovuthy
http://www.khmertimeskh.com/5097272/china-provide-funds-7-million/

Japan grants cash for teacher schools

Japan has granted about $28 million in aid for the construction of teacher education colleges in the kingdom. The signing ceremony took place yesterday at the Foreign Affairs Ministry. ...

Khuon Narim
http://www.khmertimeskh.com/5097270/japan-grants-cash-teacher-schools/

Agreement with Laos to import electricity

Electricite du Cambodge has signed an agreement with Laos to import 115 kilowatts of electricity from Laos to Preah Vihear province, and on to Kampong Thom and Oddar Meanchey provinces. ...

Mom Sophon
http://www.khmertimeskh.com/5097268/agreement-laos-import-electricity/

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