Khmer Times
NEC to probe invalid ballots
The National Election Committee will hold a meeting with political parties and civil society organisations next month to discuss the high number of invalid ballots in the commune elections. Of more than 7 million ballots cast, 133,484 were deemed invalid. ...
Khy Sovuthy
http://www.khmertimeskh.com/news/39698/nec-to-probe-invalid-ballots/
Finance sector wants no VAT
Banking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector and asked for further discussion. The industry thinks the tax will increase the burden on financial service users. ...
Sok Chan
http://www.khmertimeskh.com/news/39655/finance-sector-wants-no-vat/
Mortar shell injures boy
A boy of 11 was seriously injured when a bomb he was playing with exploded on Saturday in Battambang province’s Koas Krala district. Koas Krala district police chief Chhang Vanchhay said yesterday that May Sameth had gone out to take care of a cow in a ...
Mom Kunthear
http://www.khmertimeskh.com/news/39666/mortar-shell-injures-boy/
Japanese seek energy investments
A number of Japanese companies have their eyes on Cambodia’s energy and gas sector, an opportunity welcomed by the government which has asked for studies to be carried out before any investment can be made. ...
Sok Chan
http://www.khmertimeskh.com/news/39608/japanese-seek-energy-investments/
March inflation rate rises to 4.3 percent
Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...
May Kunmakara
http://www.khmertimeskh.com/news/39611/march-inflation-rate-rises-to-4-3-percent/
Villagers near Sesan Dam warned to brace for floods
Villagers living near the Lower Sesan ll Hydropower Dam in Stung Treng province have been warned to expect flooding in their villages soon as the operators of the dam close its doors for technical tests. ...
Sen David
http://www.khmertimeskh.com/news/39566/villagers-near-sesan-dam-warned-to-brace-for-floods/
Solar plant poised to boost grid
Singapore-based Sunseap’s solar farm, the country’s first renewable power facility which has a contract to feed 10MW to the national grid, is set to start generating in August, officials say. ...
Chea Vannak
http://www.khmertimeskh.com/news/39540/solar-plant-poised-to-boost-grid/
National Bank revokes licence of Dubai firm
The National Bank of Cambodia yesterday revoked the licence of Dubai-based Royal Index Pte., an affiliate of Royal Index UAE, after it failed to fulfill its mandatory obligations as a derivatives trading firm operating in the kingdom. ...
May Kunmakara
http://www.khmertimeskh.com/news/39454/national-bank-revokes-licence-of-dubai-firm/
Chinese companies to set up mega water plant
Shanghai Mechanical Power Engineering and Shanghai Micro Purification Technology are both looking to ink deals with the government to build the industrial plant in Kep province, according to the Ministry of Industry and Handicrafts. ...
Chea Vannak
http://www.khmertimeskh.com/news/39525/chinese-companies-to-set-up-mega-water-plant/
Agriculture expo expected to draw Chinese investors
More than 1,000 Chinese investors and businessmen will soon come to Cambodia to seek investment partnerships with their Cambodian counterparts during the inaugural International Agriculture Products and Expository conference on Koh Pich Island. ...
Sok Chan
http://www.khmertimeskh.com/news/39529/agriculture-expo-expected-to-draw-chinese-investors/
Row over illegal livestock trade
The Agriculture Ministry has said it can’t control illegal imports of livestock from neighbouring countries, arguing customs officials must take responsibility for the issue. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/39216/row-over-illegal-livestock-trade/
Jarai commune chief sticks to his roots
A newly elected commune chief in Ratanakkiri province has vowed to solve local problems by referring to his Jarai heritage and traditions. ...
Mom Sophon
http://www.khmertimeskh.com/news/39224/jarai-commune-chief-sticks-to-his-roots/
Thousands quit smoking
The number of men who smoke in Cambodia dropped by almost a third in the past decade, while women smokers nearly halved, according to a government report. Figures showed that 48.98 percent of men aged 18 and older smoked ten years ago, but that has now ...
Mom Kunthear
http://www.khmertimeskh.com/news/39148/thousands-quit-smoking/
Monks sell off public land
The chief of a Buddhist pagoda, a village chief and six laymen will appear in Phnom Penh Municipal Court on Monday after accusations they sold public land worth $50,000. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/39143/monks-sell-off-public-land/
Finland to help develop energy plants
Foreign Minister Prak Sokhonn yesterday met with the newly appointed Finnish ambassador Satu Suikkari-Kleven, who is based in Bangkok. “Ms Suikkari-Kleven told the Foreign Minister that some Finnish companies are interested in cooperating with Cambodia to invest in energy and electricity from waste,” Foreign Affairs ...
Ros Chanveasna
http://www.khmertimeskh.com/news/39177/finland-to-help-develop-energy-plants/
IMF: Make youth a demographic dividend
The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech. ...
May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/
Rice storage offers price security
The silo is expected to be finished by the end of the year and the warehouse will be fully operational for the 2018 harvest season, according to the CEO of the Cambodia Rice Bank. ...
Sok Chan
http://www.khmertimeskh.com/news/39097/rice-storage-offers-price-security/
Government approves agencies to send workers abroad
The Labour Ministry has announced the names of 77 private recruitment agencies approved to select, train and send Cambodian workers to Thailand, Malaysia and Japan. ...
Mom Kunthear
http://www.khmertimeskh.com/news/39112/government-approves-agencies-to-send-workers-abroad/
Central bank to carry out on-site MFI audits
Cambodia’s central bank is to conduct on-site audits of microfinance institutions to check if they are complying with the interest rate cap that came into force more than two months ago, industry insiders have said. ...
May Kunmakara
http://www.khmertimeskh.com/news/39098/central-bank-to-carry-out-on-site-mfi-audits/
Cashew growers brace for fall in prices
Cashew nut prices seem to have fallen slightly at the end of harvest season compared to March this year, according to the cashew nut association in Kampong Thom province. Association president Oum Uon said prices for raw cashew nuts dropped from 7,000 riel ($1.75) per kilo ...
Sok Chan
http://www.khmertimeskh.com/news/39073/cashew-growers-brace-for-fall-in-prices/
Courts review starts
The Justice Ministry has launched a 100-day campaign to improve the court system. Ministry spokesman Chin Malin said while the system was widely regarded by outsiders as fair and without corruption, it was now time for a self-assessment to confirm its effectiveness. ...
Sen David
http://www.khmertimeskh.com/news/39064/courts-review-starts/
Making films about trafficking
Cambodian youngsters are being invited to take part in a video contest on the theme “Asean Against Trafficking – Humans Are Not For Sale”. The Cambodia Human Rights Committee (CHRC) has announced its support for the Asean Youth Video Competition, which aims to raise public awareness ...
Sen David
http://www.khmertimeskh.com/news/39067/making-films-about-trafficking/
Garment industry exports up, jobs down
Exports grew at a solid pace in 2016, rising by 7.2 percent to $7.3 billion, but the number of registered exporting factories fell by 10.4 per cent, while the number of workers declined by 2.9 per cent, compared to 2015. ...
Sum Manet
http://www.khmertimeskh.com/news/39024/garment-industry-exports-up--jobs-down/
Workers unite in devotion to making vote count
Union leaders have admitted they were surprised at the high number of factory workers who returned to the provinces from Phnom Penh to cast their vote in the commune elections. ...
Mom Kunthear
http://www.khmertimeskh.com/news/39042/workers-unite-in-devotion-to-making-vote-count/