Khmer Times

Tycoon reelected president of two chambers of commerce

Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...

Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/

UN, Gov’t move to end violence against women

The United Nations and the Cambodian Ministry of Women’s Affairs will organize four major events across the country to raise awareness of the need to end violence against women and girls, according to a UN Women’s statement on Wednesday. ...

Xinhua team
http://www.khmertimeskh.com/news/18114/un--gov---t-move-to-end-violence-against-women/

Vihear Suor farmers slammed for workday pesticide use

The Khsach Kandal district hall has called on 10 farmers to attend a meeting today about the pesticides they spray on their crops after almost 300 factory workers in the nearby 7NG Economic Zone fainted on Thursday and Friday. ...

Pav Suy
http://www.khmertimeskh.com/news/18069/vihear-suor-farmers-slammed-for-workday-pesticide-use/

Group aims to teach youth about workers rights

Young people in Cambodia are often taken advantage of by factories because of their inexperience and lack of understanding about labor rights, but the Youth Resource Development Program (YRDP) is trying to change that by educating young people on unions and dispute management in the ...

Chea Takihiro
http://www.khmertimeskh.com/news/18067/group-aims-to-teach-youth-about-workers-rights/

Gov’t moves to attract IT firms

Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...

May Kunmakara
http://www.khmertimeskh.com/news/18058/gov---t-moves-to-attract-it-firms/

Korean firm plans JV expressway to Sihanoukville

Cambodia’s Global CAM Project Development Plc on Friday signed a memorandum of understanding (MoU) with Korea’s Green Eco Energy Co. Ltd. to build a high-speed expressway from Phnom Penh to Sihanoukville, executives from the two firms said. ...

Sok Chan
http://www.khmertimeskh.com/news/18056/korean-firm-plans-jv-expressway-to-sihanoukville/

Chinese developer signs $1.5 billion MOU with Royal Group

Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the ...

Sok Chan
http://www.khmertimeskh.com/news/17986/chinese-developer-signs--1-5-billion-mou-with-royal-group/

Housing boom prompts calls for more lending, bubble warning

With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...

May Kunmakara
http://www.khmertimeskh.com/news/17987/housing-boom-prompts-calls-for-more-lending--bubble-warning/

Kamchay dam claims not behind Kampot flood

The Chinese company that operates the hydroelectric power plant on the Kamchay River in Kampot province yesterday denied that a decision to open the dam’s gates during a recent storm was the cause of severe flooding in the area. ...

Chea Vannak
http://www.khmertimeskh.com/news/17998/kamchay-dam-claims-not-behind-kampot-flood/

NEC pressed on election reforms

The Electoral Reform Alliance (ERA) will Lobby the National Election Committee (NEC) to adopt a regional declaration on free and fair elections that includes commitments to the right of citizens living abroad to vote and for the military to stay independent of the electoral process. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17992/nec-pressed-on-election-reforms/

Neighbors get sick from pesticides

Three women and four kids fell ill after ingesting pesticides and were transported to a local hospital nearby yesterday in Kampong Chnang city. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/17994/neighbors-get-sick-from-pesticides/

North park condominiums unveiled

The curtain was pulled back Sunday on Royal Group’s latest development – North Park Condominium. The real estate project comprises three nine-story condominium buildings spread over 13 hectares in Sen Sok district. ...

Sum Manet
http://www.khmertimeskh.com/news/17985/north-park-condominiums-unveiled/

Minister calls for more reporting on climate change

In the lead-up to the global climate change conference in Paris later this month, Information Minister Khieu Kanharith yesterday urged the media to increase reporting on the effects of climate change in Cambodia so that citizens can be better prepared for it. ...

Pav Suy
http://www.khmertimeskh.com/news/17957/minister-calls-for-more-reporting-on-climate-change/

Education ministry wants bachelor’s degrees for all teachers

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/17961/education-ministry-wants-bachelor---s-degrees-for-all-teachers/

Watchdog eyes telecom, ISP licenses

The Telecom Regulator of Cambodia (TRC) has called on 34 telecom operators and Internet service providers (ISPs) to submit their business performance reports by the end of this month to ensure they are in compliance with their licensing agreements, officials said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/17944/watchdog-eyes-telecom--isp-licenses/

India promises again not to build Angkor Wat replica

The Ministry of Foreign Affairs has once again reaffirmed that no replica of Angkor Wat will be built in India, following swift condemnation of the idea by the government. ...

Srey Kumneth
http://www.khmertimeskh.com/news/17908/india-promises-again-not-to-build-angkor-wat-replica/

UK trade envoy pushes FDI, British brands

The United Kingdom sees Cambodia as a strategic location at the heart of a transportation network through Thailand, Vietnam and Laos to reach China and other countries in the region and the world, a senior UK trade official said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/17898/uk-trade-envoy-pushes-fdi--british-brands/

Landmine causalities drop 37 percent

Cambodia recorded 85 landmine and unexploded ordnance (UXO) casualties in the first nine months of this year, a 37-percent decrease compared with 135 casualties over the same period last year, according to a report yesterday. ...

Xinhua team
http://www.khmertimeskh.com/news/17909/landmine-causalities-drop-37-percent/

Cambodia’s budget transparency dismal, survey finds

Cambodia fared dismally in the 2014 budget transparency index compiled by the US-based International Budget Partnership, scoring only eight out of 100 and coming in near the bottom of the 102 countries surveyed, at 94. ...

Pav Suy
http://www.khmertimeskh.com/news/17911/cambodia---s-budget-transparency-dismal--survey-finds/

OPIC plans more investment in Cambodian MFIs

A US government finance institution plans to inject more capital into Cambodia’s businesses, forecasting rapid growth in small business and microfinance institutions around the country. The development finance institution Overseas Private Investment Corporation (OPIC) is looking to invest in Cambodia’s small and medium enterprises (SMEs) ...

Sok Chan
http://www.khmertimeskh.com/news/17866/opic-plans-more-investment-in-cambodian-mfis/

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