News

New group set up to tackle land disputes

The newly appointed minister of land management and urban planning, Chea Sophara, has announced a working group to handle petitions and complaints lodged by land dispute victims. ...

Lay Samean
http://www.phnompenhpost.com/national/new-group-set-tackle-land-disputes

Government says Kep water safe; tourists pour back in

After issuing a public health warning earlier this month for Kep province due to an algal bloom in the coastal water, the government on Friday lifted its precautionary ban on swimming, fishing and eating seafood in the province, according to a statement.   ...

Kang Sothear and Hannah Hawkins
https://www.cambodiadaily.com/news/government-says-kep-water-safe-tourists-pour-back-in-111115/

City Hall spokesman named new ambassador to South Korea

Long Dimanche, the spokesman for Phnom Penh City Hall and son of a secretary of state in the Foreign Affairs Ministry, has been appointed to replace Suth Dina, the disgraced former ambassador to South Korea. ...

Ben Sokhean
https://www.cambodiadaily.com/news/city-hall-spokesman-named-new-ambassador-to-south-korea-111113/

Kingdom's judiciary perceived as most corrupt: UNDP

The judiciary is perceived as the most corrupt government institution in the Kingdom, according to a United Nations Development Programme global survey of corruption in the judiciary released on Friday.   ...

Chhin Malin
http://www.phnompenhpost.com/national/kingdoms-judiciary-perceived-most-corrupt-undp

More Boeng Kak families accept land swap

Twenty-one more families facing eviction from Phnom Penh’s Boeng Kak neighborhood have accepted new plots of land in exchange for moving, further whittling down the number of families still holding out for better deals.    ...

Aun Pheap
https://www.cambodiadaily.com/news/more-boeng-kak-families-accept-land-swap-111119/

General to be questioned over defamatory remarks

A two-star general in the Royal Cambodian Armed Forces (RCAF) will be questioned by the Phnom Penh Municipal Court today for allegedly making defamatory remarks about a superior officer’s wife relating to land seizures in Siem Reap province, according to court officials. ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/23806/general-to-be-questioned-over-defamatory-remarks/

Fire guts market in Stung Treng city, causing $1M in damage

More than 1,000 stalls and shops were destroyed in an over­night fire at a market in Stung Treng City, causing about $1 million in property damage, local police said on Friday. ...

Sek Odom
https://www.cambodiadaily.com/news/111063-111063/

Border troops on standby after threat from Laos

Cambodian soldiers in Stung Treng province have been placed on standby following threats of violence by Laotian authorities due to a dispute over Laos’ attempt to construct a military base near a stretch of undemarcated border, a spokes­man for the provincial government said on Friday. ...

Ben Sokhean
https://www.cambodiadaily.com/news/border-troops-on-standby-after-threat-from-laos-111057/

New mapping app seeks to relay urban woes to city hall

A new mobile phone application launched yesterday aims to collect data on flooding, blackouts, traffic jams and other problems that plague Phnom Penh, then map its findings for use by citizens and City Hall.   ...

Ben Paviour
https://www.cambodiadaily.com/news/111069-111069/

China, Southeast Asian countries to improve anti-terror cooperation

China and Southeast Asian countries decided to improve their cooperation in security and anti-terrorism during a meeting in Beijing on Thursday. The two sides will take action to improve multilateral and bilateral cooperation against terrorism, said senior Chinese official Meng Jianzhu. ...

Tian Shaohui
http://news.xinhuanet.com/english/2016-04/07/c_135259290.htm

Cambodian investment by fund with $1 billion ambition to increase sustainability-focused banking

Sustainability Finance Real Economies SICAV – SIF (SFRE, pronounced Sapphire) has made an investment totalling USD 4 million in PRASAC (Cambodia) a microfinance institution, in line with its strategy of advancing social, environmental and economic development by providing capital to banks. ...

Luxembourg
http://www.prnewswire.com/news-releases/cambodian-investment-by-fund-with-1-billion-ambition-to-increase-sustainability-focused-banking-574962271.html

IFC to help Cambodia's stock market regulator strengthen governance, regulation

The International Finance Corporation (IFC) signed a memorandum of understanding with the Securities and Exchange Commission of Cambodia (SECC) on Thursday to develop a roadmap for strengthening the country’s corporate governance policies and practices. ...

Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=326143

Gov’t waives VAT to support rice millers

Agricultural products have been granted an exemption from the value-added tax (VAT) as part of a government effort to support local rice farmers and millers, according to a prakas issued Wednesday by the General Taxation Department. ...

Post Staff
http://www.phnompenhpost.com/business/govt-waives-vat-support-rice-millers

Teachers’ homes to be made of illegal timber

Houses will be built for school teachers from illegally-felled timber seized by authorities, the Ministry of Education has announced, but before work can start on the new structures officials from the ministry have been asked to gather information on which schools need the houses the ...

Taing Vida
http://www.khmertimeskh.com/news/23767/teachers----homes-to-be-made-of-illegal-timber/

Prince Real Estate plans $300 mil project

China’s Prince Real Estate plans to invest $250-$300 million in a new project on Norodom Blvd. The new project will begin after the completion of the current condominium project which began last year and is due to be finished in 2018. Li Min, president of Prince Real ...

Sum Manet
http://www.khmertimeskh.com/news/23754/prince-real-estate-plans--300-mil-project/

SECC signs deal for better governance

Cambodia’s securities regulator signed a memorandum of understanding with the International Finance Corporation (IFC) yesterday for technical assistance on corporate governance standards and practices in the Cambodian capital market. ...

Post Staff
http://www.phnompenhpost.com/business/secc-signs-deal-better-governance

Acleda among Top 100 banks

Aceleda Bank was the only Cambodian bank to make The Banker’s Top 100 ASEAN Banks 2016 list, and saw the largest jump up the rankings among all entries, securing the 88th position on the financial publication’s annual list, up from 97th last year. ...

Sor Chandara
http://www.phnompenhpost.com/business/acleda-among-top-100-banks

Probe into justice minister possible, ACU chief says

The Anti-Corruption Unit has not yet opened an investigation into Justice Minister Ang Vong Vathana’s secretive offshore holdings, but the unit’s chairman said on Thursday that a future probe could not be ruled out. ...

Ben Sokhean and Taylor O'Connell
https://www.cambodiadaily.com/news/probe-into-justice-minister-possible-acu-chief-says-110998/

FTU says firing of its members was illegal

The Free Trade Union has asked Labour Minister Ith Samheng to intervene in the case of two union leaders it alleges were illegally fired by Horizon Outdoor (Cambodia), a Kampong Chhnang province bag and accessories factory. ...

Pech Sotheary
http://www.phnompenhpost.com/national/ftu-says-firing-its-members-was-illegal

New transport minister unveils 100-day plan

Sun Chanthol, the newly-appointed Minister of Public Works and Transport, revealed his plan to improve the ministry’s efficiency and transparency by overhauling its internal operations within his first 100 days in office during a speech yesterday. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23768/new-transport-minister-unveils-100-day-plan/

Stormy start to 2016: ministry

Five people died and more than 200 houses in eight provinces were damaged by natural disasters in the first quarter of this year, a senior official of the National Committee for Disaster Management (NCDM) said yesterday. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23763/stormy-start-to-2016--ministry/

Kantha Bopha nets $6.5M in royal villa sale

The Kantha Bopha Children’s Hospitals have sold a royal residence in Koh Kong province to the government for about $6.5 million after it was donated to them in October by the king and queen mother.   ...

Khy Sovuthy and Peter Ford
https://www.cambodiadaily.com/news/kantha-bopha-nets-millions-111015/

Ambassador charged, jailed for vast corruption

Suth Dina, who rose through the ranks of the Foreign Ministry to become Cambodia’s top diplomat in South Korea in 2014, continued his fall from grace on Thursday as he was imprisoned on charges of corruption and abuse of power, according to his lawyer and ...

Ben Sokhean
https://www.cambodiadaily.com/news/ambassador-charged-jailed-for-vast-corruption-111000/

New protected forests test overstretched ministry

The nearly 1 million hectares of newly protected forests the Environment Ministry wants to create by the end of the year will add nearly a third more land to the portfolio of an agency already struggling to manage the 3.2 million hectares it has. And ...

Zsombor Peter
https://www.cambodiadaily.com/news/111001-111001/

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