News

Interview: Cambodian politicians, scholar hail CPC for leading China to peace, prosperity

Cambodian politicians and an academic have hailed the Communist Party of China (CPC) for leading China to peace, stability and prosperity as the party marks its 94th founding anniversary on Wednesday.​​ ...

Global Post News Staff
http://www.globalpost.com/article/6600911/2015/07/01/interview-cambodian-politicians-scholar-hail-cpc-leading-china-peace

Cambodia, Vietnam to hold border talks next week

Cambodia and Vietnam say they will hold border talks next week, following clashes between Cambodian activists and Vietnamese border security forces. The head of Cambodia’s border committee, Var Kim Hong, told VOA that Phnom Penh would raise a number of sensitive issues with Hanoi, including road-building, ...

Sok Khemara,
http://www.voanews.com/content/cambodia-vietnam-border-talks/2845799.html

Vietnam hopes to develop peaceful, friendship borderline with Cambodia: spokesperson

Vietnam attaches great importance to the relationship with Cambodia and hopes to develop a peaceful and friendship borderline with the country, said Le Hai Binh, spokesperson of Vietnamese foreign ministry on Tuesday. ...

Xinhua team
http://www.khmertimeskh.com/news/12755/vietnam-hopes-to-develop-peaceful--friendship-borderline-with-cambodia--spokesperson/

Bourse offers primer on disclosure

The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/

Stalled interbank market clogging up liquidity

At least $1 billion in surplus liquidity is sitting idle in Cambodia’s banking system and could be unlocked if the central bank implemented a more effective interbank lending mechanism, experts say. ...

Cam McGrath
http://www.khmertimeskh.com/news/12776/stalled-interbank-market-clogging-up-liquidity/

Group denied bail due to ‘serious’ charges

The Phnom Penh Municipal Court on Tuesday denied a bail request from eight members of the Khmer National Liberation Front (KNLF), a political advocacy group that opposes the ruling CPP, due to the serious nature of the charges against them. ...

Ben Sokhean
https://www.cambodiadaily.com/news/group-denied-bail-due-to-serious-charges-87002/

NGO law in crosshairs

Despite the deployment of law enforcement officials across the capital in a bid to halt the demonstration, activists yesterday marched as promised to the National Assembly to protest the looming adoption of highly controversial union and NGO laws. Starting at about 8am, hundreds of land activists, ...

Pech Sotheary and Ethan Harfenist
http://www.phnompenhpost.com/national/ngo-law-crosshairs

Parties meet over commune election law

Officials from the CPP and CNRP met Tuesday at the National Assembly to discuss making changes to the Law on Commune Council Elections before the next poll in February 2017. ...

Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/parties-meet-over-commune-election-law-87000/

Vietnam hopes to develop peaceful, friendship borderline with Cambodia: spokesperson

Vietnam attaches great importance to the relationship with Cambodia and hopes to develop a peaceful and friendship borderline with the country, said Le Hai Binh, spokesperson of Vietnamese foreign ministry on Tuesday. ...

Xinhua team
http://www.khmertimeskh.com/news/12755/vietnam-hopes-to-develop-peaceful--friendship-borderline-with-cambodia--spokesperson/

Cambodia releases over 1 mln fry, shrimps on National Fish day

More than one million baby fish and 100,000 young shrimps were freed into a reservoir in northeast Cambodia’s Kampong Cham province on Wednesday to mark the 13th National Fish Day, Prime Minister Hun Sen said. ...

Xinhua team
http://www.khmertimeskh.com/news/12756/cambodia-releases-over-1-mln-fry--shrimps-on-national-fish-day/

Ministry warns Pursat officials about fishing

The Minister of Agriculture, Forestry and Fisheries has urged authorities in Pursat province to take action against illegal fishing in the Tonle Sap after a video posted online showed a group of men hauling in huge catches from the former Fishing Lot 6, an important ...

Taing Vida
http://www.phnompenhpost.com/national/ministry-warns-pursat-officials-about-fishing

Stop stadium plans, CNRP lawmakers ask

Three CNRP lawmakers have issued a letter urging the government to decline a request by tycoon Kith Meng’s Royal Group company to claim rights over a former sports stadium in Battambang province. ...

Chhay Channyda
http://www.phnompenhpost.com/national/stop-stadium-plans-cnrp-lawmakers-ask

Cambodia agrees agro-industrial framework

The government has agreed to a new framework to increase the competitiveness of its agricultural sector in line with the recently launched Industrial Development Policy, state news agency AKP reported on Monday. ...

Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-agrees-agro-industrial-framework

Official believes tip-off helped drug kingpin escape dragnet

After one of the alleged leaders of a busted mufti-milliondollar international drug smuggling ring slipped through a police dragnet in Stung Treng province on Tuesday, an anti-drug official said an information leak likely helped the man escape. ...

Saing Soenthrith and Chris Mueller
https://www.cambodiadaily.com/news/official-believes-tip-off-helped-drug-kingpin-escape-dragnet-86984/

Gov’t sweetens deal for Sesan Dam families

As work moves ahead on the controversial Lower Sesan 2 dam in Stung Treng province, the Ministry of Mines and Energy met Tuesday with representatives of more than 250 families still refusing to make way for the dam’s reservoir. ...

Khuon Narim
https://www.cambodiadaily.com/news/govt-sweetens-deal-for-sesan-dam-families-86997/

Opposition calls for international court to settle border dispute

Lawmakers from the opposition Cambodia National Rescue Party have urged the government to file a complaint with the International Court of Justice over the ongoing border dispute with Vietnam. ...

Va Sonyka
http://www.khmertimeskh.com/news/12748/opposition-calls-for-international-court-to-settle-border-dispute/

CPP commune chief arrested by ACU authorities

A CPP commune chief in Koh Kong province’s Sre Ambel district was arrested by the Anti-Corruption Unit (ACU) on Saturday, with an official saying Tuesday that he had demanded exorbitant fees to sign land-sale documents. ...

Aun Pheap
https://www.cambodiadaily.com/news/cpp-commune-chief-arrested-by-anti-corruption-authorities-86982/

$65 mln loan to expand microfinance

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Va Sonyka
http://www.khmertimeskh.com/news/12730/business-briefs/

Prasac gets $65M to expand lending

Four foreign banks, under the umbrella of the International Finance Cooperation, a member of World Bank Group, provided $65 million in syndicated loans to Cambodian microfinance institution Prasac to expand its lending portfolio. ...

May Kunmakara
http://www.phnompenhpost.com/business/prasac-gets-65m-expand-lending

Safari world to move to Phnom Penh next year

Koh Kong Safari World, a curiosity wildlife park owned by tycoon and CPP senator Ly Yong Phat that hosts crocodile shows and orangutan boxing matches, will pack up in October and bring its spectacle to Phnom Penh early next year, according to an administrator. ...

Buth Kimsay and Simon Henderson
https://www.cambodiadaily.com/news/safari-world-to-move-to-phnom-penh-next-year-86988/

Loophole thwarts efforts to combat child sex

When an anti-human trafficking group recently reported a 73 percent drop in the sale of children for sex, another referenced its list of 15 establishments offering minors to predators as evidence to the contrary. ...

Matt Blomberg and Sek Odom
https://www.cambodiadaily.com/news/loophole-thwarts-efforts-to-combat-child-sex-86980/

Rescued fishermen return from Indonesia

Eight more rescued Cambodian fishermen were repatriated Tuesday from Indonesia’s Ambon Island, according to the Foreign Affairs Ministry, following the return of 230 others two weeks ago. ...

Khuon Narim
https://www.cambodiadaily.com/news/rescued-fishermen-return-from-indonesia-86995/

Fix funding shortfall: CNRP

Opposition party leader Sam Rainsy yesterday proposed the National Assembly increase the amount local authorities are allocated from the national budget, arguing that the current sum is insufficient.​ ...

Meas Sokchea
http://www.phnompenhpost.com/national/fix-funding-shortfall-cnrp

Nine Unionists arrested during demonstration at Takeo factory

Police in Takeo province on Tuesday arrested nine union officials during a protest outside an electronics factory where workers have been striking for almost three weeks, demanding wages equal to their peers in the garment sector. ...

Mech Dara
https://www.cambodiadaily.com/news/nine-unionists-arrested-during-demonstration-at-takeo-factory-86986/

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