News

CNRP: Vietnamese renting land

The government is in a seemingly never-ending PR battle to prove its independence from Vietnam, but that battle took a turn for the worse yesterday when opposition members told government officials that local residents in Svay Rieng province were renting land to Vietnamese farmers, an ...

Taing Vida
http://www.khmertimeskh.com/news/28992/cnrp--vietnamese-renting-land/

Zaman school resists call for closure

Zaman school officials and parents yesterday urged the Cambodian government not to shutter the schools as the Turkish Ambassador to Cambodia Ilhan Tug has requested, saying students will ultimately suffer. The Turkish Embassy has repeatedly called for the schools’ closure in recent weeks, citing their links ...

Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/zaman-school-resists-call-closure

MFI lending continues on course

Cambodia’s microfinance sector continued to expand rapidly during the first half of the year, despite concerns over rising default rates as the industry’s main borrowers – provincial farmers – struggle to repay their loans after successive seasons of drought and poor harvests. ...

Hor Kimsay
http://www.phnompenhpost.com/business/mfi-lending-continues-course

Vouchers increase access to IUDs: study

Poor women in Cambodia are more likely to use long-term reversible forms of birth control, like IUDs or implants, if they receive outside assistance, a new study has found. ...

Kali Kotoski
http://www.phnompenhpost.com/national/vouchers-increase-access-iuds-study

Indian investors see Cambodia as gateway to Asean

Indian businesses are looking at Cambodia as a convenient hub in the lower Mekong area, as access to trade with neighboring Vietnam and Thailand improves, a government advisor said yesterday. Speaking at a seminar titled “Asean Integration and the Role of India,” Sok Siphana, a lawyer ...

Chea Vannak
http://www.khmertimeskh.com/news/28968/indian-investors-see-cambodia-as-gateway-to-asean/

Small pig farmers edged out

Cambodia’s small family-run pig farming businesses seem to be roughing it out in an unpredictable market with fluctuating pork prices while facing stiff competition from the illegal flood of cheap imported live pigs from neighboring countries. To add salt to their wounds, the high price ...

Sok Chan
http://www.khmertimeskh.com/news/28905/small-pig-farmers-edged-out/

PM tries again on deforestation

In recent months Prime Minister Hun Sen has made an effort to show that the government has a handle on the voracious deforestation that has ravaged the country’s forests over the years. Yet his speeches and decrees have done little to slow down, much less stop, ...

Ven Rathavong
http://www.khmertimeskh.com/news/28927/pm-tries-again-on-deforestation/

US to provide $125M for Acleda financing

The Overseas Private Investment Corporation (OPIC), the US government’s development financial institution, signed a commitment letter for $125 million direct loan to Acleda Bank to support all sectors through microenterprises and small- and medium-size enterprises (SMEs), Acleda Bank said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/us-provide-125m-acleda-financing

Villagers seek help in land disputes

Almost 80 people representing 305 families involved in land disputes in Phnom Penh and Takeo provinces yesterday gathered at the Ministry of Land Management to ask the ministry to expedite the resolution of their disputes and provide them with legal land titles. A group of 50 ...

Pech Sotheary
http://www.khmertimeskh.com/news/28916/villagers-seek-help-in-land-disputes/

More Cambodian women trafficked to Saudi, officials say

The number of Cambodian women now thought to be caught in Saudi Arabia’s sex industry after being trafficked in the past year has risen to more than 20, officials said on Wednesday. However, the government remained tight-lipped about its efforts to rescue the women, while two ...

Aun Pheap
https://www.cambodiadaily.com/news/cambodian-women-trafficked-saudi-officials-say-117126/

Battambang rice-farming families fear floods

About 40,000 Battambang rice-farming families already suffering steep losses from a severe drought are at risk of seeing their crops wiped out entirely by devastating floods as late seasonal rains start to kick in. A drought that meteorologists have blamed on the tail-end of an ...

Cheng Sokhorng
http://www.phnompenhpost.com/national/battambang-rice-farming-families-fear-floods

Cambodia Securities Exchange open for liquidity provider applications

The Cambodia Securities Exchange (CSX) officially began receiving applications for liquidity providers yesterday as part of an initiative to boost market liquidity, it said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-securities-exchange-open-liquidity-provider-applications

More angels coming in search of worthy investments

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. ...

Kali Kotoski
http://www.phnompenhpost.com/business/more-angels-coming-search-worthy-investments

Big timber stash found in Pursat

An NGO operating in the Pursat section of the protected Cardamom Mountains uncovered 50 cubic metres of luxury timber yesterday. Chea Hean, director of the Natural Resource and Wildlife Preservation Organisation, said he and four colleagues uncovered the illicit stash as part of an ongoing investigation, ...

Phak Seangly
http://www.phnompenhpost.com/national/big-timber-stash-found-pursat

Protect coastal areas: government

Following an unusually high number of drownings in coastal areas in the past month, the Ministry of Tourism has instructed the tourism departments in coastal provinces to continue to collaborate with relevant authorities to ensure safety, public order and cleanliness. A statement released by Minister of ...

Pech Sotheary
http://www.khmertimeskh.com/news/28926/protect-coastal-areas--government/

Oil meeting in Siem Reap

The 42nd Asean Council on Petroleum members’ meeting will be held in Siem Reap next month, a senior government official told Khmer Times. The meeting, which will include representatives from the national petroleum companies of the nine other Asean members, plus Cambodia’s Ministry of Mines and ...

May Kunmakara
http://www.khmertimeskh.com/news/28903/oil-meeting-in-siem-reap/

Current assets in Cambodia's banking system rise to 25.6 bln USD by June

Current assets in Cambodia’s banking and financial institutions had risen to 25.6 billion U.S. dollars by June 2016, an increase of 21.3 percent in the last 12 months, according to the biannual report of the National Bank of Cambodia (NBC), or the central bank, on ...

XINHUA
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=332556

Rosatom, Cambodia’s national council in first working meeting

The Russian State Atomic Energy Corporation Rosatom and Cambodia’s National Council for Sustainable Development of the Kingdom of Cambodia (NCSD) today said they held their first working group meeting towards implementing nuclear power energy cooperation. ...

Rosatom Asia Pte Ltd
http://www.eco-business.com/press-releases/rosatom-cambodias-national-council-in-first-working-meeting/

The deforestation continues

The high-pitched whine of chainsaws drowned out the sound of birds and bugs you usually hear during any trek through Prey Lang forest. What was once an area full of animals scurrying under the shade of gargantuan trees is now largely populated by stumps and ash. The ...

May Titthara
http://www.khmertimeskh.com/news/28863/the-deforestation-continues/

Ministry hails successful national exam, says no cheating at all

As the third year of strictly regulated national high school exams drew to a close on Tuesday, the Ministry of Education brushed off evidence of widespread attempts at cheating and declared the event a success. ...

Janelle Retka and Phan Soumy
https://www.cambodiadaily.com/news/ministry-hails-successful-national-exam-says-no-cheating-117078/

Families to receive land titles

Prime Minister Hun Sen has decided to cut land from an economic land concession (ELC) and a rubber plantation to grant land titles to more than 1,000 villagers in Tbong Khmum province’s Memot district, according to the Land Management Ministry. ...

Ven Rathavong
http://www.khmertimeskh.com/news/28859/families-to-receive-land-titles/

Don’t mention South China Sea, government tells Asean

The National Assembly will petition Asean officials to remove a reference to the South China Sea maritime dispute from an upcoming joint statement, officials confirmed on Tuesday, a move some analysts and diplomats say will again threaten regional cohesion. ...

Khuon Narim and Ben Paviour
https://www.cambodiadaily.com/news/dont-mention-south-china-sea-government-tells-asean-117083/

Police force to provide ‘security’ during upcoming elections

National Police deputy chief Kirth Chantharith will head a team to handle security during upcoming elections, with the group to decide upon the placement of “national security agents” for voters’ protection, according to a statement. ...

Mech Dara
http://www.phnompenhpost.com/national/police-force-provide-security-during-upcoming-elections

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