News

Cambodia asks for GSP status

Representatives from trade unions and employers associations will put forward a request to the European Union and the United States to consider extending preferential treatment – also known as the Generalized System of Preferences (GSP) – for a number of Cambodian products. ...

May Kunmakara
http://www.khmertimeskh.com/5084793/cambodia-asks-gsp-status/

Rail link to Thailand a step closer

As an agreement on railway transportation materialises, Cambodia and Thailand are set to hold a ceremony early next year to celebrate the official opening of the line that will connect Phnom Penh and Bangkok, a representative of the Ministry of Public Works and Transportation (MPWT) ...

Chea Vannak
http://www.khmertimeskh.com/5084794/rail-link-thailand-step-closer/

Pipe systems cleaned

Phnom Penh Municipality plans to create a new water pumping station in Meanchey district next year in order to reduce city flooding in Sen Sok, Meanchey and Por Senchey districts.​ ...

Sen David
http://www.khmertimeskh.com/5084747/pipe-systems-cleaned/

Thailand repatriates 500 dead Cambodians

More than 500 dead Cambodians were repatriated from Thailand in the first six months of 2017, according to an Interior Ministry official. Chou Bun Eng, secretary of state at the ministry, said yesterday the 500 bodies were repatriated through three checkpoints in Banteay Meanchey province. ...

Pav Suy
http://www.khmertimeskh.com/5084746/thailand-repatriates-500-dead-cambodians/

Call to end short-term work contracts

Prime Minister Hun Sen yesterday called on garment factory owners to reduce the use of short-term employment contracts. Speaking to more than 15,000 workers and employers representing 10 factories in Phnom Penh’s Por Senchey district, Mr Hun Sen said short-term contracts threaten the health of employees. ...

Mom Kunthear
http://www.khmertimeskh.com/5084729/call-end-short-term-work-contracts/

Kampong Thom gets community forests

The Ministry of Agriculture, Forestry and Fisheries yesterday announced the establishment of two community forest areas over 4,500 hectares in Kampong Thom province’s Santuk district. ...

Pech Sotheary
http://www.khmertimeskh.com/5084730/kampong-thom-gets-community-forests/

Amid strife, the CNRP is a party on pause

When Cambodia National Rescue Party President Kem Sokha stood arm-in-arm with three newly minted deputies earlier this year, the quartet seemed eager and ready to address the party’s next challenge at hand: critical commune elections that could greatly bolster grassroots support. ...

Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/amid-strife-cnrp-party-pause

Economy still on track: World Bank

Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...

Kali Kotoski
http://www.phnompenhpost.com/business/economy-still-track-world-bank

Work permits now required for long-term visa renewals

The Immigration Department yesterday confirmed that foreigners requesting long-term business visa extensions in the country are now required to submit a work permit proving their place of employment. ...

Niem Chheng
http://www.phnompenhpost.com/national/work-permits-now-required-long-term-visa-renewals

Common Market opens in Kampot city

Tourists and locals visiting Kampot can now find organic vegetables, fruit, seafood and a range of other local products after a new market opened in the city last week.The new facility, known as Common Market and created in collaboration with the Alliance of the Marine ...

Sok Chan
http://www.khmertimeskh.com/5084610/common-market-opens-kampot-city/

Public debt figures released

The government has borrowed $732.06 million in the form of concessional loans from development partners (DPs), amounting to 74.83 percent of the debt ceiling of Special Drawing Rights (SDR) approved by the National Assembly last year, according to the latest report on Cambodia’s public debt. ...

May Kunmakara
http://www.khmertimeskh.com/5084552/public-debt-figures-released/

Talks settle on wages figures

Employers, unions and government officials have settled on three figures to propose as the new minimum wage for garment, textile and footwear workers in a final day of negotiations on the issue. ...

Mom Kunthear
http://www.khmertimeskh.com/5084546/talks-settle-wages-figures/

PM announces new airport in Siem Reap

Prime Minister Hun Sen said yesterday that Siem Reap is in need of a new airport to tackle the rising number of visitors to the area.Last week Cambodia reached an $880-million agreement with China’s Yunnan Investment Holding Ltd which allows the state-owned company to manage ...

Chea Vannak
http://www.khmertimeskh.com/5084356/pm-announces-new-airport-siem-reap/

Japan wades in to prevent floods in capital

The Japan International Cooperation Agency will today begin two days of drainage work to clear clogged systems that led to recent floods in the capital. ...

Khuon Narim
http://www.khmertimeskh.com/5084559/japan-wades-prevent-floods-capital/

Small Planet granted local Air Operator's Certificate

The Kingdom’s aviation regulator yesterday granted an operator’s licence to Small Planet Airlines, allowing the Lithuanian-based leisure airline to operate flights from its new regional hub in Cambodia, civil aviation officials said. ...

Cam McGrath
http://www.phnompenhpost.com/business/small-planet-granted-local-air-operators-certificate

Locals evacuated for bomb removal

Over 800 villagers were evacuated yesterday in preparation for the removal of two tear gas barrel bombs in Svay Rieng province, while a provincial committee is attempting to “reduce the fear” surrounding the bombs – fear seemingly stoked by erroneous statements from government officials. ...

Phak Seangly and Andrew Nachemson
http://www.phnompenhpost.com/national/locals-evacuated-bomb-removal

Government destroys over 80 tonnes of fake products

Government officials yesterday destroyed more than 80 tonnes of counterfeit chemical products, chief among them hazardous skin-whitening creams and knock-off Viagra pills.​ ...

Mech Dara
http://www.phnompenhpost.com/national/government-destroys-over-80-tonnes-fake-products

Economic changes needed, says ADB

A lead economist working with the Asia Development Bank (ADB) has said that Cambodia needs to rethink its economic model, which is heavily based on export-driven growth, as it prepares to shed least developed country (LDC) status, a transition that is expected to take place by ...

May Kunmakara
http://www.khmertimeskh.com/5084612/economic-changes-needed-says-adb/

Public transport a priority: WB

As the urban population continues to grow at rate of 2.6 percent per year, improving public transport and coming up with detailed urbanisation plans should be top priorities for authorities in Phnom Penh, as well as for other urban centres, including Sihanoukville and Siem Reap, ...

Chea Vannak
http://www.khmertimeskh.com/5084611/public-transport-priority-wb/

Families evacuated as flood waters rise

More than 300 families in Banteay Meanchey province’s Malai district were evacuated yesterday after their houses were inundated by floods. Other provinces were also affected by flooding as a low-pressure weather system crosses the country. ...

Mom Kunthear
http://www.khmertimeskh.com/5084577/families-evacuated-flood-waters-rise/

Lenders foresee challenges in raising the local currency ratio

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-foresee-challenges-raising-local-currency-ratio

HR forum sees role for digital technology

Business should embrace digital strategies that can improve the speed and efficiency of human resource management activities, speakers at a conference on the impact of digital transformation on human resources said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/hr-forum-sees-role-digital-technology

ADB offers $70M loan to improve transportation

The Asian Development Bank (ADB) has approved a $70 million loan to develop the Kingdom’s transportation infrastructure with the majority of the funding going towards improvements of national roads in Prey Veng, Siem Reap and Svay Rieng provinces.​ ...

Kali Kotoski
http://www.phnompenhpost.com/business/adb-offers-70m-loan-improve-transportation

Japan builds bridges

Cambodia will today receive about $35 million in aid from the Japanese government to fund the reconstruction of seven bridges in flood-prone areas. ...

Ros Chanveasna
http://www.khmertimeskh.com/5084255/japan-builds-bridges/

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