News
SMEs: don’t look down on local goods
The Ministry of Commerce and representatives of small and medium enterprises (SMEs) came together on Friday to discuss ways to boost the promotion of made-in-Cambodia goods, both in local and international markets, against a background of local supermarkets discriminating against these local products. Minister of Commerce ...
Sum Manet
http://www.khmertimeskh.com/news/29022/smes--don---t-look-down-on-local-goods/
Controversial domestic abuse law under government review
A domestic violence law long criticized by human rights and gender advocacy NGOs for inadequately protecting abuse victims is being reviewed by the government in a renewed effort to reduce violence against women. ...
Sonia Kohlbacher
https://www.cambodiadaily.com/news/controversial-domestic-abuse-law-government-review-117232/
Construction work progress continues amid illegal workers’ arrest
Since the start of the year, department authorities at the Ministry of Interior have arrested more than 10,000 illegal workers, with the bulk of them being construction workers. However, industry experts and investors are split on the opinions that the arrest will impinge on the ...
Officials discuss future Kep developments
Tourism Ministry officials held a meeting yesterday to discuss a project to develop a tourist port in Kampot province and a planned drainage system for Kep’s Crab Market – two tourism infrastructure projects backed by the Asian Development Bank (ADB). ...
Post Staff
http://www.phnompenhpost.com/business/officials-discuss-future-kep-developments
Aeon Mall a no-go zone for real estate events
After a surge in property-related events by various real estate developers at Aeon Mall’s Daylight Plaza, the centre’s management team is now holding off on requests from developers. ...
Catherine Harry
http://www.phnompenhpost.com/post-property/aeon-mall-no-go-zone-real-estate-events
Bavet SEZ unequipped to treat its wastewater: ministry
The Ministry of Environment said yesterday that a recently constructed water-treatment facility at the Manhattan Special Economic Zone in Svay Rieng is unable to deal with most of the polluted water generated by factories at the site, and that 70 per cent was being dumped ...
Kong Meta
http://www.phnompenhpost.com/national/bavet-sez-unequipped-treat-its-wastewater-ministry
Region agrees on new standards for rubber
Rubber industry experts and government officials from ASEAN member countries gathered in Siem Reap yesterday to agree on harmonised standards for rubber products that would facilitate cross-border trade. The Asean Consultative Committee for Standards and Quality (ACCSQ) Rubber-Based Product Working Group (RBPWG) agreed to 61 harmonised ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/region-agrees-new-standards-rubber
Control credit, says Moody's
While Cambodia’s Moody’s rating is still at the same B2 level as last year, its economic growth has been downgraded two points from 2015, with the international credit rating agency warning that the Kingdom’s rapid pace of credit growth could pose financial stability risks. “The pace ...
May Kunmakara
http://www.khmertimeskh.com/news/28970/control-credit--says-moody-s/
NEC tells migrants to come home and vote
Though it has refused calls to open new channels for migrant workers to vote in upcoming elections, the National Election Committee (NEC) has sent a letter to all Cambodian embassies appealing for citizens living abroad to return home to register for next year’s polls. But as ...
Kuch Naren and Janelle Retka
https://www.cambodiadaily.com/news/nec-tells-migrants-come-home-vote-117182/
Borey developers adjust strategies as sales decline
Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers. Nget Piseth, director assistant of Borey Piphup Thmey, said recently that residential sales in his ...
Siv Meng
http://www.phnompenhpost.com/post-property/borey-developers-adjust-strategies-sales-decline
Mine action center resumes breeding dogs as fundraiser
The Cambodian Mine Action Center (CMAC) has restarted a long-dormant dog breeding program it hopes will replenish its stock of explosive-sniffing canines as well as its dwindling coffers by selling them to others, including riot police. The first litter of six Malinois, a type of Belgian ...
Aun Pheap
https://www.cambodiadaily.com/news/mine-action-center-resumes-breeding-dogs-fundraiser-117170/
Office space increases
The completion of three new office buildings in Phnom Penh in the first half of this year has marginally boosted the city’s office space supply, according to the latest sector report by Knight Frank Cambodia. ...
Sum Manet
http://www.khmertimeskh.com/news/28972/office-space-increases/
Land prices drop in capital districts
Land prices in the capital’s Sen Sok and Tuol Kork districts saw a slight decrease in the second quarter relative to the year’s first quarter, which was blamed on a stagnant property market from earlier this year. ...
Sum Manet
http://www.khmertimeskh.com/news/28974/land-prices-drop-in-capital-districts/
Shukaku inc and Don Bosco sign scholarship MoU
Real estate developer Shukaku Inc has inked a memorandum of understanding (MoU) with education and training-focused NGO Don Bosco Foundation, worth more than $69,000. Under the MoU, Shukaku would sponsor 20, two-year scholarships for Don Bosco students as well as develop a brand-new computer lab. ...
Post Staff
http://www.phnompenhpost.com/post-property/shukaku-inc-and-don-bosco-sign-scholarship-mou
As surrogacy trade grows, government charts course
The government will meet this month to begin addressing concerns that the lack of regulation for the surrogacy trade could lead to a proliferation of brokers working in Cambodia and foreign couples traveling to the country to take advantage of their services. The Ministry of ...
Sonia Kohlbacher
https://www.cambodiadaily.com/news/surrogacy-trade-grows-government-charts-course-117169/
PM ends a land dispute with a gift
While meeting locals and officials in Preah Vihear province yesterday, Prime Minister Hun Sen decided to allocate more than 80 hectares of airport land in Preah Vihear town’s Palhal commune to 127 families. In a meeting with officials and armed forces that was announced on Mr. Hun Sen’s official ...
Pech Sotheary
http://www.khmertimeskh.com/news/28989/pm-ends-a-land-dispute-with-a-gift/
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