News
MFIs moving swiftly on mobile banking
Microfinance institutions (MFIs) have been expanding their financial services to include the use of mobile phones, a move aimed at boosting services for people in rural areas who find it difficult or expensive to travel to offices in towns or villages. ...
Chea Vannak
http://www.khmertimeskh.com/news/22797/mfis-moving-swiftly-on-mobile-banking/
Cambodian, U.S. forces hold joint military exercise
Cambodian and U.S. military personnel on Monday kicked off a joint military exercise dubbed “Angkor Sentinel 2016,” aimed to strengthen bilateral military ties and cooperation. ...
Shang Hai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=323370
Maybank opens new office in Cambodia
Malayan Banking Bhd (Maybank) is further strengthening its operations in Cambodia with the launch of Maybank Tower, a new 10-storey corporate office in the country. ...
The Star Team
http://www.thestar.com.my/business/business-news/2016/03/15/maybank-opens-new-office-in-cambodia/
Japan’s vital role in Cambodia’s strategic reconfiguration
Since early this year, commentators and the public alike have spent a great deal of time and effort to analyze Cambodia-US relations against the backdrop of the recent US-ASEAN Summit. Less focus has been made on one of the most important bilateral relationships of Cambodia ...
Cheunboran Chanborey
http://www.khmertimeskh.com/news/22736/japan---s-vital-role-in-cambodia---s-strategic-reconfiguration/
Residents seek legislative intervention in land dispute
About 65 villagers from Kampong Speu province’s Phnom Srouch district handed out petitions yesterday urging the National Assembly to push the provincial court into releasing two of their leaders. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/22744/residents-seek-legislative-intervention-in-land-dispute/
Sweet step forward for Kampong Speu palm sugar
Palm sugar from Kampong Speu, which has been registered for geographical indication (GI) status, is in the processing stage of being granted protected geographical indication (PGI) status in Thailand and Vietnam. This comes after Kampot pepper was recently certified as PGI in the European Union ...
Chea Vannak
http://www.khmertimeskh.com/news/22734/sweet-step-forward-for-kampong-speu-palm-sugar/
Preah Sihanouk officials meet over beach compensation plan
Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ...
Cambodian slots help offset EGA’s losses
European Gaming machine supplier and casino operator Entertainment Gaming Asia Inc reported consolidated revenues of $7.3 million in 4Q15, a decrease of 12 per cent compared to the same period a year earlier. ...
Post Staff
http://www.phnompenhpost.com/business/cambodian-slots-help-offset-egas-losses
Fuel prices to fall as price caps revealed
The government announced a set of price caps on retail petroleum products yesterday based on the application of its new fuel-pricing mechanism. Sor Chandara ...
Sor Chandara
http://www.phnompenhpost.com/business/fuel-prices-fall-price-caps-revealed
Kingdom's sugar exports to EU plummet
New figures show that Cambodia’s sugar exports to the European Union fell by 94.8 per cent between 2013 and 2015, amid accusations of rights abuses and land grabbing in the Kingdom’s industry. ...
Will Jackson
http://www.phnompenhpost.com/national/kingdoms-sugar-exports-eu-plummet
Gov’t warns fly-by-night mechanics
The Ministry of Interior on Friday threatened legal action against lawbreaking auto shops that work without a licence or illegally assemble vehicles from scrap parts. ...
Lay Samean and Igor Kossov
http://www.phnompenhpost.com/national/govt-warns-fly-night-mechanics
PM urges tighter rules on micro loans
Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...
Chea Vannak
http://www.khmertimeskh.com/news/22751/pm-urges-tighter-rules-on-micro-loans/
Passenger train to resume operations on April 9
After a 14-year wait, scheduled passenger train services between Phnom Penh and Sihanoukville will resume on April 9, according to a statement issued by Royal Railways on Monday. ...
Ben Paviour
https://www.cambodiadaily.com/news/passenger-train-to-resume-operations-on-april-9-109912/
Mystery blaze destroys timber, vehicles at Pursat forestry office
At least 27 vehicles loaded with confiscated timber were destroyed by fire while parked in the Kravanh Forestry Administration compound in Pursat province on Sunday, leaving no evidence for potential prosecution and rights groups doubting the authorities’ version of events. ...
Khouth Sophak Chakrya and Igor Kossov
http://www.phnompenhpost.com/national/mystery-blaze-destroys-timber-vehicles-pursat-forestry-office
National Bank to launch financial literacy campaign
A campaign will be launched country-wide to educate the public about how to properly use financial services, a forum on microfinance in Phnom Penh was told yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/22735/national-bank-to-launch-financial-literacy-campaign/
Small-scale sand dredging business shut down
A small-scale sand dredging business on the banks of Sraeng lake in Banteay Meanchey’s Teuk Cho commune was shut down yesterday by Preah Net Preah district authorities after it was found to be operating without a license, according to district governor Ly Sovannarith. ...
Pav Suy
http://www.khmertimeskh.com/news/22745/small-scale-sand-dredging-business-shut-down/
Prime minister pledges arrests over false debt promises
Prime Minister Hun Sen on Monday threatened to have any politician arrested on the spot for promising to erase people’s debt if elected, revisiting criticism that he leveled against the opposition CNRP prior to the 2013 national election. ...
Kuch Naren and Kang Sothear
https://www.cambodiadaily.com/news/prime-minister-pledges-arrests-over-false-debt-promises-109881/
Ex-dream land workers demand severance
About 50 former employees of the recently shuttered Dream Land amusement park in Phnom Penh protested outside the park’s grounds on Monday to demand severance pay. ...
Khuon Narim
https://www.cambodiadaily.com/news/ex-dream-land-workers-demand-severance-109889/
Tax revenue continues to surge
The General Department of Taxation (GDT) collected almost $212.49 million in tax revenue in the first two months of this year, up 14.49 percent over the same period last year, thanks to strong growth across all segments, according to official data. ...
Sum Manet
http://www.khmertimeskh.com/news/22733/tax-revenue-continues-to-surge/
Stricter enforcement of new traffic law will begin today
After focusing their efforts on educating drivers about the traffic law for the past two and a half months, police will today begin strict enforcement of the new rules, imposing fines and punishments on offending motorists, the National Road Safety Committee announced on Friday. ...
Ouch Sony and Peter Ford
https://www.cambodiadaily.com/news/stricter-enforcement-of-new-traffic-law-will-begin-today-109886/
Health care reform urgently needed, study finds
Cambodia’s health regulation system is in need of deep reform, not just minor adjustments, as it is failing to meet its national needs and ASEAN obligations, according to a new report. ...
Erin Handley
http://www.phnompenhpost.com/national/health-care-reform-urgently-needed-study-finds
Governor promises solution for remaining Borei Keila families
A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...
Thailand planning more border SEZs
A Thai study being carried out on special economic zones (SEZ) in 15 provinces along the country’s borders has been welcomed by Cambodian and foreign businessmen, who say both countries can benefit, but some uncertainty remains over exactly where and when the zones will be ...
May Kunmakara
http://www.khmertimeskh.com/news/22680/thailand-planning-more-border-sezs/
Senior CNRP officials meet with Rainsy in Manila
About 20 members of the opposition party’s permanent committee traveled to Manila on Saturday night for a two-day conference with CNRP President Sam Rainsy, who remains in exile, party spokesman Yem Ponhearith said on Sunday. ...
Aun Pheap
https://www.cambodiadaily.com/news/senior-cnrp-officials-meet-with-rainsy-in-manila-109839/