The Phnom Penh Post

Three bus companies earn ministry warning

The Ministry of Public Works and Transportation has issued warning letters to three transportation companies it has deemed irresponsible, ministry officials confirmed yesterday. ...

Lay Samean
http://www.phnompenhpost.com/national/three-bus-companies-earn-ministry-warning

Unions seek paid leave for registration journey

The Labour Ministry, if ordered by the National Election Committee, will request employers to grant workers time off to enrol to vote in their native communes, according to an official. ...

Bun Sengkong
http://www.phnompenhpost.com/national/unions-seek-paid-leave-registration-journey

Homes lost in Kandal to riverbank collapse

Twenty families lost their homes when a riverbank collapsed into the Mekong yesterday in Kandal’s Loeuk Dek district, according to local authorities. Nov Samnang, Loeuk Dek district governor, said yesterday that three houses were partially submerged in the river, while 17 others were intentionally dismantled ...

Kim Sarom
http://www.phnompenhpost.com/national/homes-lost-kandal-riverbank-collapse

Siem Reap villagers get lake land

Villages in Siem Reap yesterday welcomed a provincial court ruling that ordered the return of 300 hectares of land that local authorities had seized in 2011 “For more than five years we did not have land for rice farming,” said Mean Cheng, a representative for the ...

Sen David
http://www.phnompenhpost.com/national/siem-reap-villagers-get-lake-land

Thai bank’s $140M offer to buy Cambodian MFI on hold

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold

Rubber producers want export taxes scrapped

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

Post Staff
http://www.phnompenhpost.com/business/rubber-producers-want-export-taxes-scrapped

Nine entry points into city cut off ahead of Kem Sokha’s hearing

At least nine police checkpoints on the major entry points into Phnom Penh have been set up ahead of today’s trial of acting CNRP president Kem Sokha, with the opposition claiming supporters were being hindered from attending a party rally. ...

Mech Dara, Ananth Baliga and Meas Sokchea
http://www.phnompenhpost.com/national/nine-entry-points-city-cut-ahead-kem-sokhas-hearing

ERA raises concerns for voter registration

A recent military show of force and a politically motivated road blockade may have had the effect of deterring eligible voters from registering, the Electoral Reform Alliance (ERA) has said. In a statement released on Tuesday evening, the ERA, a coalition of NGOs in Cambodia, urged ...

Bun Sengkong
http://www.phnompenhpost.com/national/era-raises-concerns-voter-registration

Royal Group submits plan for coal-fired plant

New details have emerged on Royal Group’s ambitions to expand its energy portfolio after a government official clarified that Cambodia’s biggest conglomerate is seeking to develop its own coal-fired power plant, rather than finance an existing one. ...

Kali Kotoski
http://www.phnompenhpost.com/business/royal-group-submits-plan-coal-fired-plant

Lenders come out of the dark

More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold, officials said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-come-out-dark

Thailand drops quotas on flights to Cambodia

Thailand has dropped its seat quota on commercial flights to Cambodia after its government approved the removal of the restrictions in accordance with an aviation agreement between the two countries signed in May. The approval comes months after Cambodia did the same, liberalising air travel ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/thailand-drops-quotas-flights-cambodia

Misconceptions an obstacle to contraception use: study

The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...

Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study

EDC tells banks to stop outsourcing collections

State-run energy utility Electricité du Cambodge (EdC) has asked banks and microfinance institutions (MFIs) to stop using third-party services to collect payment of customer electricity fees, local media reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/edc-tells-banks-stop-outsourcing-collections

Grenade attack injures three people in Phnom Penh

At least three people were injured in a grenade attack on Street 163 in Phnom Penh’s Boeung Keng Kang III commune at about 7:40pm yesterday evening, police said. The victims did not appear to be the intended targets of the grenade, which was tossed under a ...

Khouth Sophak Chakrya, Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/grenade-attack-injures-three-people-phnom-penh

Ministry explains tax hikes on heavy transportation vehicles

The Ministry of Economy and Finance on Monday sought to explain a recent hefty increase in taxes imposed on heavy transportation vehicles, saying it was prompted by a need to support infrastructure maintenance expenditures and cover the elimination of taxes on vehicles smaller than 150cc. ...

Lay Samean
http://www.phnompenhpost.com/national/ministry-explains-tax-hikes-heavy-transportation-vehicles

Bank of China to expand operations in Cambodia

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/bank-china-expand-operations-cambodia

Canada denies reports of additional aid to Cambodia

The Canadian diplomatic office has denied local media reports that Canada had agreed to deliver extra aid money to Cambodia. In a press release, Foreign Minister Prak Sokhon said that Canadian Minister of Foreign Affairs Stéphane Dion expressed interest in his proposal that “Canada will continue ...

Bun Sengkong
http://www.phnompenhpost.com/national/canada-denies-reports-additional-aid-cambodia

Sen Sok locals accuse ex-rep of stealing land

About 20 representatives of more than 160 Sen Sok district families delivered a petition to the Land Management Ministry yesterday claiming a former community representative poached land from them that they had spent seven years reclaiming through the courts. ...

Touch Sokha
http://www.phnompenhpost.com/national/sen-sok-locals-accuse-ex-rep-stealing-land

More than 40 overloaded trucks seized by ministry

The Ministry of Public Works and Transport said yesterday that its officials had impounded 44 overloaded trucks along National Road No 217 since Friday. ...

Sen David
http://www.phnompenhpost.com/national/more-40-overloaded-trucks-seized-ministry

Legislation to regulate eco-tourism segment

The Ministry of Tourism is preparing a draft law for eco-tourism with the hope that it will keep Cambodia’s tourism industry competitive while protecting the Kingdom’s natural resources and promoting conservation efforts. ...

Hor Kimsay
http://www.phnompenhpost.com/business/legislation-regulate-eco-tourism-segment

Cambodia, China sign new MoU on money laundering

Cambodia and China last week signed an agreement to exchange financial intelligence to combat money laundering and terrorism financing, though experts said the Kingdom should still be doing more to tackle an issue that has long persisted in the country, in part, due to local ...

Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-china-sign-new-mou-money-laundering

Bird’s nest export plan ready to fly

Cambodia is looking to secure its first commercial contract for the export of swiftlet nests to China, but must first demonstrate compliance with the Asian giant’s hygiene protocols, a government official has said. Hean Vanhan, undersecretary of state at the Ministry of Agriculture, said swiftlet nests, ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/birds-nest-export-plan-ready-fly

Sihanoukville power plant draws Royal Group's interest

The Royal Group, Cambodia’s biggest conglomerate, will be involved in funding future phases of a massive coal-fired power plant under construction in Preah Sihanouk province, a government official said yesterday, although details of the size of the investment or its timeline remain hazy. ...

Kali Kotoski
http://www.phnompenhpost.com/business/sihanoukville-power-plant-draws-royal-groups-interest

PM says Canada will ‘cooperate’ on climate

Prime Minister Hun Sen has requested the assistance of Canada’s Minister of Foreign Affairs Stéphane Dion in mitigating the impact of climate change during an official meeting last Friday, noting, among other things, the recent severe drought. ...

Vong Sokheng
http://www.phnompenhpost.com/national/pm-says-canada-will-cooperate-climate

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