Government

National government

NBC gives banks, MFIs greenlight to issue bonds

The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...

Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds

Land rights organisation in Lango limbo

More than a month after the announcement of its ostensibly 30-day suspension, land rights organisation Equitable Cambodia remains stuck in limbo, with the Ministry of Interior saying the NGO must wait for the ministry’s approval to reopen. ...

Leonie Kijewski and Kong Meta
http://www.phnompenhpost.com/national/land-rights-organisation-lango-limbo

Garment buyers asked to bring in tech

The government is calling on international buyers to increase investment in the garment and footwear sector and to introduce new technologies to help modernise the industry, according to a senior official from the Ministry of Commerce (MoC). ...

Sok Chan
http://www.khmertimeskh.com/5090886/garment-buyers-asked-bring-tech/

Military Police chief grilled over Mondulkiri logging

Kampong Chhnang Provincial Military Police Commander Sak Sarang was questioned yesterday at the Phnom Penh Municipal Court in relation to allegedly taking bribes from illegal loggers in Mondulkiri, where he was previously stationed. ...

Phak Seangly
http://www.phnompenhpost.com/national/military-police-chief-grilled-over-mondulkiri-logging

Ex-RFA reporters detained in capital

Two former Radio Free Asia reporters arrested on Tuesday night remained in detention at Phnom Penh Municipal Police headquarters yesterday evening, with authorities confirming that the pair were under investigation for allegedly sending news reports to the radio broadcaster. ...

Mech Dara
http://www.phnompenhpost.com/national/ex-rfa-reporters-detained-capital

Government reduces tax load on MFIs receiving money from abroad

The Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-reduces-tax-load-mfis-receiving-money-abroad

Ministry bans buying, selling of antibiotics without prescription

A Ministry of Health official yesterday said the ministry has banned the buying and selling of antibiotics without a prescription in an effort to curb the overuse that has led to an alarming level of antibiotic resistance in the Kingdom. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-bans-buying-selling-antibiotics-without-prescription

Families win land dispute

More than 100 families in Takeo province have been given back their land after a dispute with the Sun Hour company and an individual landholder.​ The 137 families were told officially on Saturday that 915 hectares in Tram Kak district’s Trapaing Kranhoung commune would be restored ...

Pech Sotheary
http://www.khmertimeskh.com/5090358/families-win-land-dispute/

Direct flight boosts Japanese tourists

The first direct flight between Japan and Cambodia, which launched last year, has bumped up the number of Japanese tourists visiting the kingdom, helping the government edge closer to its goal of attracting 300,000 tourists from the East Asian nation by 2020, according to the ...

Chea Vannak
http://www.khmertimeskh.com/5090326/direct-flight-boosts-japanese-tourists/

Interior Ministry puts provinces on high alert ahead of CNRP court date

Minister of Interior Sar Kheng yesterday issued an order demanding that all provincial governors create a “standby working group” to monitor the political situation in anticipation of unrest following the opposition party’s potential dissolution later this week. ...

Kong Meta
http://www.phnompenhpost.com/national/interior-ministry-puts-provinces-high-alert-ahead-cnrp-court-date

Cambodia, China sign MoU on e-commerce

Cambodia and China signed a Memorandum of Understanding (MoU) on Friday to support the development of the Kingdom’s e-commerce business operations. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-china-sign-mou-e-commerce

‘Marine park’ off Koh Rong planned

The waters of the Koh Rong Archipelago may yet receive an additional layer of administrative protection, the Ministry of Environment announced last week, although how the proposed “marine park” will function remains to be seen, stakeholders said yesterday. ...

Khouth Sophak Chakrya and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/marine-park-koh-rong-planned

Metfone branch found with lumber in Kandal

Authorities in Kandal province arrested 19 people in a timber raid at a Metfone shop, but released 15 after questioning, including the branch’s director. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/metfone-branch-found-lumber-kandal

Deportees quizzed in detention

Cambodia has sent officials to interview refugees in the United States who are subject to deportation orders. Interior Ministry spokesman General Khieu Sopheak said about 50 refugees had been interviewed but no decision had been made on their repatriation. ...

Khuon Narim
http://www.khmertimeskh.com/5090148/deportees-quizzed-detention/

No rallies for Sokha trial, says ministry

The Ministry of Interior has said it will not allow any demonstrations in front of the Supreme Court during a hearing on Thursday to decide if the opposition CNRP will be dissolved, while the Koh Kong provincial governor’s office warned it will prevent residents from ...

Kong Meta and Andrew Nachemson
http://www.phnompenhpost.com/national/no-rallies-sokha-trial-says-ministry

Two million urged to correct civil records

The Interior Ministry’s general department of identification has urged two million people with incorrect civil records to amend their personal information with officials. ...

Mom Kunthear
http://www.khmertimeskh.com/5089918/two-million-urged-correct-civil-records/

Kratie cops caught ignoring timber hauls

Police in Kratie province were caught on video letting potentially illegal timber transporters pass through their checkpoints on Monday night, with provincial police yesterday suggesting they were powerless to crack down on such shipments as many transporters possessed axes and machetes and were addicted to ...

Phak Seangly
http://www.phnompenhpost.com/national/kratie-cops-caught-ignoring-timber-hauls

Hun Sen gives nod to creation of ecotourism task force

Prime Minister Hun Sen approved the establishment of a new interministerial task force yesterday that will work to develop and manage community-based ecotourism locations in a bid to find sustainable ways to draw tourists to destinations across the Kingdom. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/hun-sen-gives-nod-creation-ecotourism-task-force

Hopes stay sunny for yearly tourist draw numbers

Foreign tourist arrivals to the Kingdom have gone up during the first nine months of this year, reaching roughly 3.9 million to represent a year-on-year increase of 11.5 percent, according to data released by the Ministry of Tourism yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/hopes-stay-sunny-yearly-tourist-draw-numbers

Walmart deal boosts garment industry

The US multinational Walmart has said it will buy more garment, footwear and luggage products from Cambodia next year due to increased capacity from suppliers and improved labour conditions in the country. ...

Chea Vannak
http://www.khmertimeskh.com/5089512/walmart-deal-boosts-garment-industry/

Small-scale farmers will suffer under draft agricultural law: advocates

Farmers and agricultural NGOs slammed the seventh and final draft of a controversial agricultural law at a workshop in Phnom Penh yesterday, claiming that the law would benefit large corporations at the expense of small farmers if passed. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/small-scale-farmers-will-suffer-under-draft-agricultural-law-advocates

Election delays 2018 census

The Minister of Planning yesterday announced the third national census set for next year will be delayed until 2019 because the government must focus on the July general election. ...

Sen David
http://www.khmertimeskh.com/5089529/election-delays-2018-census/

Handbook to boost contract farming

The Ministry of Agriculture, Forestry and Fisheries recently released a handbook on contract farming to promote agricultural leasing arrangements among farmers and buyers in the hope it will aid sustainable development of the sector. ...

Chea Vannak
http://www.khmertimeskh.com/5089360/handbook-boost-contract-farming/

Private sector urged to invest in cassava

Government officials yesterday called for more private investment in cassava production, arguing it will help boost and diversify Cambodian exports. ...

May Kunmakara
http://www.khmertimeskh.com/5089297/private-sector-urged-invest-cassava/

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