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Foreign currency deposits see strong growth

Foreign currency deposits grew briskly during the first four months of the year, a sign that public confidence in Cambodia’s financial institutions is high despite the uncertainty after last year’s disputed national election, bankers said this week. Cheam Teang, executive vice president of Acleda Bank Plc., ...

Kang Sothear
http://www.cambodiadaily.com/business/foreign-currency-deposits-see-strong-growth-59815/

Remains ‘bound for NGO’

The opposition Cambodia National Rescue Party said yesterday that charred human remains retrieved by a local party member in Kampong Speu province on Saturday would be handed over to human rights organisations for examination. Despite a seeming lack of evidence or investigation, opposition activists have speculated ...

Meas Sokchea
http://www.phnompenhpost.com/national/remains-%E2%80%98bound-ngo%E2%80%99

NGOs lobby China, companies over Sesan dam

A group of 15 local and international rights groups Tuesday sent a slew of letters to the Chinese government and companies involved in the Lower Sesan II hydropower dam in Stung Treng province seeking a halt to dam construction due to serious environmental and social ...

Simon Henderson
http://www.cambodiadaily.com/news/ngos-lobby-china-companies-over-sesan-dam-59807/

Criticism of judicial law grows

Surya Subedi, the UN special rapporteur on human rights in Cambodia, added his voice yesterday to the growing chorus of criticism aimed at three draft laws on Cambodia’s judiciary that sailed through the National Assembly last week. Subedi – who had previously championed the laws as ...

Stuart White
http://www.phnompenhpost.com/national/criticism-judicial-law-grows

Police raid store, seize fake beauty products

Police raided a discount store in Phnom Penh and seized more than 1,000 bottles of beauty products on Monday after receiving a tip that the shop was selling counterfeit goods, an official said. Police confiscated 872 bottles of shower gel and 280 bottles of whitening cream ...

Hay Pisey
http://www.cambodiadaily.com/news/police-raid-store-seize-fake-beauty-products-59803/

Northeast primed for colonisation: Rainsy

Cambodia National Rescue Party president Sam Rainsy yesterday called on residents in the northeast provinces to defend their land lest the area be turned into a Vietnamese “colony”. Rainsy’s comments were quickly condemned by both the Cambodian and Vietnamese governments. Speaking to hundreds of people in Mondulkiri ...

Meas Sokchea
http://www.phnompenhpost.com/national/northeast-primed-colonisation-rainsy

PM ends exile gov’t talk

Prime Minister Hun Sen said yesterday that his government will work with the Thai junta that came to power in a coup last week, and quashed speculation that the ousted Shinawatra clan may be allowed to set up a government in exile in Cambodia. In a ...

Vong Sokheng and Daniel Pye
http://www.phnompenhpost.com/national/pm-ends-exile-gov%E2%80%99t-talk

Cambodia's small firms to gain better access to bank financing

The Asian Development Bank (ADB) today signed a $75 million senior loan with Cambodia’s largest bank, ACLEDA Bank Plc, to address the rising financing requirements of micro-, small-, and medium-sized enterprises (MSMEs) in the country. ...

Asian Development Bank (ADB)

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Cassava fuel plant study now one year in

Japanese petroleum company Idemitsu Oil & Gas is considering building a biomass plant in Battambang province to use cassava to produce fuel, a Cambodia Mine Action Centre (CMAC) official says. Leng Chreang, director of mine risk education at CMAC, said the Japanese firm is one year ...

Chan Muyhong
http://www.phnompenhpost.com/business/cassava-fuel-plant-study-now-one-year

CIMB the latest to add local insurer

CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer

Institute land not leased: gov’t

Responding to reported fears among staff that the destruction of a wall at Phnom Penh’s Buddhist Institute could herald the piecemeal sale of the grounds to adjacent casino operator NagaCorp, the government yesterday chalked the alarm up to a simple misunderstanding. According to the Ministry of ...

Chhay Channyda
http://www.phnompenhpost.com/national/institute-land-not-leased-gov%E2%80%99t

SET assistance goes to Cambodia

The Stock Exchange of Thailand (SET) is providing assistance to the Cambodia Securities Exchange (CSX), a young stock exchange in Asean. Prior to the agreement with Cambodia, the Thai exchange has formed alliances and established collaboration with exchanges in the Greater Mekong Subregion. With its commitment ...

The Nation News Staff
http://www.nationmultimedia.com/business/SET-assistance-goes-to-Cambodia-30234716.html

Brands, international unions press Cambodian government on labor issues

Representatives from some of the world’s largest fashion brands and the leader of one of the world’s biggest union organizations met this week with Cambodian officials and local clothing manufacturers to demand better treatment and improve workplace safety for the country’s estimated 600,000 garment workers. Garment ...

Robert Carmichael
http://www.voanews.com/content/brands-international-unions-press-government-on-labor-issues/1923596.html

Lack of judiciary consultation on key Cambodian laws draws concern of UN rights expert

The lack of consultative process on three draft laws has set a worrying precedent for future key legislation, according to the United Nations Special Rapporteur on the situation of human rights in Cambodia, Surya P. Subedi. “For many years in my capacity as the Special RapporteurI ...

UN News Centre
http://www.un.org/apps/news/story.asp?NewsID=47904#.U4WD6PmSxqV

PAL still keen on Cambodia Air venture

FLAG carrier Philippine Airlines (PAL) has not lost its interest in pursuing a joint-venture agreement with Royal Group of Cambodia (RGC) to establish Cambodia Airlines Co. Ltd.  PAL President Ramon S. Ang confirmed that his airline’s discussions for investment in the Cambodian carrier are ongoing, as ...

Lorenz S. Marasigan
http://www.businessmirror.com.ph/index.php/en/business/companies/32817-pal-still-keen-on-cambodia-air-venture

International union urges factories to raise wages

A major international union wants Cambodian garment workers and factory managers to return to negotiations, following meetings between international companies and officials. The IndustriALL Global Union said Tuesday that management should seriously consider a minimum wage of $160 per month, after international buyers such as Levis ...

Suy Heimkhemra
http://www.voacambodia.com/content/international-union-urges-factories-to-raise-wages/1923487.html

Education ministry urged to investigate corruption in Oddor Meanchey school

The Cambodian Independent Teachers’ Association (CITA) called on Ministry of Education, Youth and Sports to investigate Tropang Brasat’s education officials who was accused of corruption. In a letter today to Education Minister Hang Chuon Naron, CITA said it received anonymous letters from teachers in Tropang Brasat ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZmMyODk2ZTNlODl

Cambodia not to interfere in Thai internal affairs: PM

Cambodia saw the military coup in Thailand last week as Thai internal affairs and the country would not meddle in Thai affairs, Prime Minister Hun Sen said Tuesday. The prime minister said Cambodia shares border with Thailand, so it is vital to continue maintaining relations ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/27/c_133365232.htm

PPMM #25: Waterborne Diseases, Climate, Global Land Indicator Initiative

After a long break, the Phnom Penh Mapping Meetup is back! We now have a more expanded organizing committee to help recruit presenters and we’re looking forward to a more engaging PPMM series. Should you be interested in following up with the matter, you’re invited to ...

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