News

Official asks to extend Pchum Ben

A civil society official has asked the National Election Committee (NEC) to cooperate with the Labor Ministry to give public servants, private sector employees, garment workers and migrant workers five more days off after the Phcum Ben festival for voter registration. ...

Mom Kunthear
http://www.khmertimeskh.com/news/28105/official-asks-to-extend-pchum-ben/

State President welcomes Cambodian Senior Minister

President Trần Đại Quang hosted a reception in Hà Nội yesterday for Cambodia’s Senior Minister and Minister of Cults and Religion, Him Chhem, during which he stressed the need for the two countries to boost religious cooperation in bilateral and multilateral frameworks. ...

Viet Nam News
http://vietnamnews.vn/politics-laws/300579/state-president-welcomes-cambodian-senior-minister.html#WEOSRtzhVAbORK3O.97

Villagers storm Kratie military police compound, take truck

An angry mob stormed a military police compound in Kratie province on Wednesday to retrieve two trucks loaded with wood that were confiscated for not having proper licenses, and two villagers were seriously injured, a rights worker claimed. ...

Aun Pheap
https://www.cambodiadaily.com/news/villagers-storm-kratie-military-police-compound-take-trucks-116262/

Derivatives licences handed out

Cambodia’s capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally regulate the inherently risky financial instrument and provide investors with more options to earn profits.   ...

Kali Kotoski
http://www.phnompenhpost.com/business/derivatives-licences-handed-out

Novel ATM service for the ‘unbanked’

With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”. ...

Kali Kotoski
http://www.phnompenhpost.com/business/novel-atm-service-unbanked

Education official did ‘not rape,’ minister says

Education Minister Hang Chuon Naron on Wednesday defended the decision not to expel a senior official from the ministry after he was arrested for sexually assaulting his interpreter during a visit to South Korea in May, saying the crime was not serious—“not rape.” ...

Janelle Retka
https://www.cambodiadaily.com/news/education-official-did-not-rape-minister-says-116242/

Garment truck crashes in Kompong Speu; 39 injured

A truck packed with garment workers traveling to factories in Kompong Speu province overturned on Wednesday while attempting to avoid another truck crossing the road, injuring 39 women, including a dozen who suffered broken arms and legs, officials said. ...

Phan Soumy
https://www.cambodiadaily.com/news/garment-truck-crashes-in-kompong-speu-39-injured-116263/

Nearly $4M spent on national exam: Minister

Education Minister Hang Chuon Naron said yesterday that about $4 million was being spent on the upcoming national exam and that strict rules will ensure a fair contest. “Each candidate costs an estimated 140,000 riel [$35] that the ministry will spend for whole process of the ...

San Bunsim
http://www.khmertimeskh.com/news/28046/nearly--4m-spent-on-national-exam--minister/

Maids repatriated from Malaysia

Five Cambodian workers imprisoned in a Malaysian jail were repatriated yesterday, with 13 more expected to make their way back to the Kingdom in the coming days. All 18 were jailed for allegedly lacking the proper work permits and all had been brought to Malaysia by ...

Mom Kunthear
http://www.khmertimeskh.com/news/28048/maids-repatriated-from-malaysia/

Securities companies to provide market liquidity

A new initiative aimed at encouraging more trading on Cambodia’s persistently quiet stock exchange will allow securities underwriters and dealers to become liquidity providers who can hold and trade shares in listed companies. ...

Hor Kimsay
http://bit.ly/2ak6Xdl

JICA moots city transit system

The Japan International Cooperation Agency (JICA) is helping Cambodia conduct a feasibility study on an automated gateway transit system (AGT) to overcome Phnom Penh’s daily gridlock, caused by traffic congestion, during peak hours. Hideaki Wase, an urban transportation advisor in JICA, told Khmer Times yesterday that ...

May Kunmakara
http://www.khmertimeskh.com/news/28026/jica-moots-city-transit-system/

Local car hire app gets a jump on Uber

With ride-hailing giants Uber and Grab yet to enter the Cambodian market, a pair of local entrepreneurs have seized the initiative and developed the first private-hire car service and smartphone application for Phnom Penh’s frenetic city streets. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-car-hire-app-gets-jump-uber

Testing doctors possible: Ministry

The Ministry of Health (MoH) intends to discuss with Dr. Beat Richner the possibility of organizing a test for doctors in private clinics throughout the Kingdom about their professional knowledge, a spokesman confirmed yesterday. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/28044/testing-doctors-possible--ministry/

Call to revise rubber tax

As the price of natural rubber tumbles due to a slowdown in the global economy and falling demand for the commodity, the Kingdom’s hard hit rubber industry investors are now calling on the government to revise export taxes. ...

Chea Vannak
http://www.khmertimeskh.com/news/28028/call-to-revise-rubber-tax/

Convention centre to put Siem Reap on event circuit

Sokha Hotels and Resorts will open the first dedicated convention centre in Siem Reap next month, giving the country’s leading tourist destination another major draw to attract foreign visitors.   ...

Thik Kaliyann
http://www.phnompenhpost.com/business/convention-centre-put-siem-reap-event-circuit

Yusen opens perishables storage facility in Cambodia

Japan-based Yusen Logistics has opened one of Cambodia’s largest temperature-controlled distribution center in Phnom Penh, which is becoming a significant air cargo destination for its textiles and perishable exports. The 33,000-square-foot facility has almost twice the capacity of the existing warehouse and includes a 4,237-square-foot ...

Lewis King
http://aircargoworld.com/yusen-logistics-opens-perishables-storage-facility-in-cambodia/

Concern over trade deal’s investor dispute mechanism

A civil society organisation has raised concerns about the proposed Regional Comprehensive Economic Partnership (RCEP), claiming that one provision of the sweeping trade agreement would limit the Kingdom’s ability to draft socially beneficial policies. ...

Kali Kotoski
http://www.phnompenhpost.com/business/concern-over-trade-deals-investor-dispute-mechanism

Accounting standards miss mark

The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did.   ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/accounting-standards-miss-mark

Australia job request

Labor Minister Ith Samheng asked the new Australian ambassador yesterday if her country could take in seasonal workers from Cambodia, prompting disappointment from a number of civil society groups hoping the government would make more of an effort to create jobs here. ...

Mom Kunthear
http://www.khmertimeskh.com/news/27980/australia-job-request/

Cambodia asks China to double rice quota

Commerce Minister Pan Sorasak lobbied his visiting Chinese counterpart, Gao Hucheng, yesterday to consider doubling Cambodia’s annual rice export quota to China while also proposing a host of agricultural trade agreements.   ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-asks-china-double-rice-quota

Campaign to reduce traffic accidents

The government launched a campaign yesterday to distribute 3.4 million pieces of reflective tape in an effort to reduce traffic accidents at night, with Prime Minister Hun Sen ordering officials and party members to give the tape out for free and threatening to arrest anyone ...

Pech Sotheary
http://www.khmertimeskh.com/news/27981/campaign-to-reduce-traffic-accidents/

32 Vietnamese arrested in Phnom Penh immigration raids

Thirty-two Vietnamese nationals were arrested during raids by immigration police in Phnom Penh’s Toul Kork district yesterday morning, according to Interior Ministry spokesman Keo Vanthorn.   ...

Bun Sengkong
http://www.phnompenhpost.com/national/32-vietnamese-arrested-phnom-penh-immigration-raids

Prasac ups paid up capital

One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...

May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/

Amid chaos, time for CNRP to get serious

Late last year, in one of his provocative Facebook posts from abroad, opposition leader Sam Rainsy falsely accused Heng Samrin’s 1980s regime of sentencing King Norodom Sihanouk to death. ...

Alex Willemyns
https://www.cambodiadaily.com/news/amid-chaos-time-for-cnrp-to-get-serious-116190/

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