News

Stock market to boost SMEs

Small and Medium Enterprises (SMEs) may soon be listed on the Cambodian stock exchange, following the signing of a memorandum of understanding (MoU) between the Federation of Associations for Small and Medium Enterprises (FASMEC) and the Securities and Exchange Commission of Cambodia (SECC) on Thursday. ...

Sok Chan
http://www.khmertimeskh.com/news/30295/stock-market-to-boost-smes/

Xi to make first presidential visit this month

Amid deteriorating relations with Western countries due to the government’s suppression of critics, Chinese President Xi Jinping is due to visit Cambodia this month for the first time since taking office, according to a Facebook post by National Police chief Neth Savoeun. ...

The Cambodia Daily
https://www.cambodiadaily.com/news/xi-make-first-presidential-visit-month-118764/

Permanent committee to meet today

The National Assembly’s Permanent Committee will resume meeting this morning to discuss proposals related to draft laws and to set a date for the seventh plenary session, while the opposition party is still considering ending its parliamentary boycott, aiming to seek ways to settle the ...

Taing Vida
http://www.khmertimeskh.com/news/30313/permanent-committee-to-meet-today/

Foreign minister visits Russia

Foreign Minister Prak Sokhonn kicked off his two-day visit to Russia yesterday and will meet key leaders from the federation in a bid to strengthen bilateral ties between the two nations, the ministry’s spokesman said. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/30309/foreign-minister-visits-russia/

PM wants more registered voters

As Prime Minister Hun Sen appealed to citizens who have not yet registered to vote to do so, the Thai Labor Ministry announced last week it would allow Cambodians who are legally working in Thailand to return for voter registration. At a graduation ceremony for students ...

May Titthara
http://www.khmertimeskh.com/news/30311/pm-wants-more-registered-voters/

Holiday accident toll falls

Almost 30 people were killed and nearly 140 injured in traffic accidents over the five-day Pchum Ben holiday weekend, showing a slight decrease compared with previous years. National deputy police chief Kirth Chantharith said yesterday there were 75 traffic accidents from Wednesday to Sunday which caused ...

Mom Kunthear
http://www.khmertimeskh.com/news/30316/holiday-accident-toll-falls/

For migrants, votes in Phnom Penh ‘wasted’

The just-passed Pchum Ben holiday weekend was a rare opportunity for many migrant workers to return home to register to vote in the provinces, where their ballots will count for more than if they are cast in Phnom Penh. ...

Michael Dickison
https://www.cambodiadaily.com/news/migrants-votes-phnom-penh-wasted-118796/

NEC says soldiers registered for vote in wrong commune

A spokesman for the country’s election authority said officials in Preah Vihear province were wrong to have registered a group of soldiers who neither lived nor worked there regularly, but added that they might get a pass because the soldiers could end up monitoring polling ...

Khuon Narim and Zsombor Peter
https://www.cambodiadaily.com/news/nec-says-soldiers-registered-vote-wrong-commune-118798/

Minimum wage for teachers to be $230 by April

Prime Minister Hun Sen announced yesterday that the minimum wage for teachers is set to exceed $230 (about 950,000 riel), not including additional bonuses, come April next year. During a graduation ceremony for Cambodia University for Specialties students at Koh Pich, Mr. Hun Sen said the ...

Pech Sotheary
http://www.khmertimeskh.com/news/30315/minimum-wage-for-teachers-to-be--230-by-april/

National debt hits $5.7B, but deemed manageable

Cambodia’s national debt stood at $5.7 billion as of the end of June, totalling about a third of GDP, according to a report on the national budget submitted to the National Assembly yesterday. ...

Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/national-debt-hits-57b-deemed-manageable

New pangolin protections announced

Yesterday was hailed as a “good day for pangolins” after a meeting of signatories to the CITES wildlife protection treaty decided to move the Asian species of “scaly anteater” to the agreement’s Appendix 1 category, which bans all commercial trade in the small mammals in ...

Shaun Turton
http://www.phnompenhpost.com/national/new-pangolin-protections-announced

Boost for seafood exports

The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...

Sum Manet
http://www.khmertimeskh.com/news/30243/boost-for-seafood-exports/

ADB: GDP to grow 7.1% in 2017

The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...

May Kunmakara
http://www.khmertimeskh.com/news/30245/adb--gdp-to-grow-7-1--in-2017/

Land disputes hurting women

The Cambodian Center for Human Rights (CCHR) demanded the government intervene immediately after finding that 98.2 percent of women involved in land disputes with private companies were suffering from serious psychological after-effects and nearly half of the women participating in the survey said they had ...

May Titthara
http://www.khmertimeskh.com/news/30261/land-disputes-hurting-women/

Vouchers to enjoy holidays

The government plans to create “cheque de vacances” or holiday vouchers by 2017 to encourage middle-income Cambodians to travel within the country, according to an official from the Ministry of Tourism yesterday. Chhay Khunlong, deputy director-general of tourism at the ministry, said holiday vouchers will enable ...

Sok Chan
http://www.khmertimeskh.com/news/30244/vouchers-to-enjoy-holidays/

China MoU to help ‘reform’ judiciary

China has signed an agreement to assist the Kingdom with judicial reforms and to share expertise in overhauling such systems, though one international expert yesterday cautioned that China shouldn’t be considered “a model for justice reform in Cambodia”. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/china-mou-help-reform-judiciary

Cambodia will chair LDC bureau at WTO

Cambodia has been selected to chair the Global Coordination Bureau of the Least Developed Countries (LDCs) next year, state-owned media outlet AKP reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-will-chair-ldc-bureau-wto

Election officials brace for Pchum Ben rush

Commune offices around the country are bracing for a surge in voter registrations over the Pchum Ben holiday that could become a make-or-miss moment in building the foundation for upcoming elections. After nearly a month of registrations, the National Election Committee reported on Tuesday that 3.5 ...

Michael Dickison and Ben Sokhean
https://www.cambodiadaily.com/news/election-officials-brace-pchum-ben-rush-118530/

Floods expected in southwest

The Ministry of Water Resources and Meteorology warned residents in six southwestern provinces to brace for possible floods during the final days of the Pchum Ben festival. According to an announcement posted on the ministry’s Facebook page yesterday, heavy rain from Saturday to Monday is expected ...

Mom Kunthear
http://www.khmertimeskh.com/news/30258/floods-expected-in-southwest/

NEC denies request for time off for workers

The National Election Committee (NEC) has thrown cold water on a request by the Cambodian Labour Confederation (CLC) that it permit garment workers extra time off to register in their home provinces without receiving a pay cut, according to a letter posted on the NEC’s ...

Bun Sengkong
http://www.phnompenhpost.com/national/nec-denies-request-time-workers

Life insurer targets low-income workers

An obscure NGO is providing life insurance coverage to low-income individuals, mostly garment workers, offering a financial safety net for the families of its policyholders, but triggering the concern of insurance regulators who take issue to its unlicensed operations. ...

Hor Kimsay
http://www.phnompenhpost.com/business/life-insurer-targets-low-income-workers

Japan gives $30 M for busses, demining

The Japanese government will provide almost $30 million in grant aid to Cambodia to boost Phnom Penh’s public bus system and to strengthen ongoing demining operations. At a signing ceremony at the Ministry of Foreign Affairs yesterday, minister Long Visalo and outgoing Japanese Ambassador Yuji Kunamaru, ...

Ros Chanveasna
http://www.khmertimeskh.com/news/30249/japan-gives--30-for-busses--demining/

Innovation for a fruitful harvest

The integration of technology into Cambodia’s agricultural sector is vital to increase the competitiveness and overall performance of the Kingdom’s harvest, but efforts to push for widespread adoption of innovative solutions has been slow to take off, industry experts and stakeholders said at a forum ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/innovation-fruitful-harvest

Sustainable energy options for Cambodia discussed

Representatives from the Konrad Adenauer Foundation, the Ministry of Environment and a handful of climate advocates met in Phnom Penh yesterday to brainstorm ways the country can transition to a “sustainable energy future”. ...

Cristina Maza
http://www.phnompenhpost.com/national/sustainable-energy-options-cambodia-discussed

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