News

Lack of transparency hinders budget progress

On Monday, Prime Minister Hun Sen announced a new phase of the Public Financial Management Reform Program, a donor-assisted initiative established in 2004 to bolster the country’s ability to soundly manage its budget. In a speech at the launch event, he touted the government’s progress ...

Tej Parikh and Kang Sothear
https://www.cambodiadaily.com/news/lack-of-transparency-hinders-budget-progress-110437/

Justice minister, opposition talk pretrial detention, Khaou case

Justice Minister Ang Vong Vathana met on Friday with the National Assembly’s opposition-led human rights commission to discuss issues related to judicial independence and court procedure, including government interference in the court system and abuse of the pretrial detention system.   ...

Khy Sovuthy
https://www.cambodiadaily.com/news/justice-minister-opposition-talk-pretrial-detention-khaou-case-110444/

Amateur motorsport cup promotes road safety

Phnom Penh’s hell-raising street racers will enjoy a structured outlet for their love of motorbikes at a new amateur racing cup on Koh Pich island this weekend, a competition also meant to promote compliance with the new traffic law. ...

Ben Paviour
https://www.cambodiadaily.com/news/amateur-motorsport-cup-promotes-road-safety-110452/

Cambodia-China business forum held in Phnom Penh

Cambodia launched an economic cooperation forum here on Thursday, aimed to further promote bilateral trade, investment and tourism relations with China, officials said. ...

Xinhua Team
http://news.xinhuanet.com/english/2016-03/24/c_135220339.htm

Palm sugar production down but prices up

Kampong Speu palm sugar production is predicted to slightly decrease this year due to a late start, climate change, water shortages and working capital for farmers, but prices are expected to rise due to the sugar’s growing popularity since its geographical indication certification. ...

Sok Chan
http://www.khmertimeskh.com/news/23186/palm-sugar-production-down-but-prices-up/

ACU tosses complaint against ActionAid

The Anti-Corruption Unit on Thursday dismissed a complaint filed by a Cambodian NGO against the local arm of the international humanitarian group ActionAid for allegedly embezzling $3 million, the unit’s chairman said.   ...

Kuch Naren and Janelle Kohnert
https://www.cambodiadaily.com/news/acu-tosses-complaint-against-actionaid-110404/

New job for principal accused of embezzlement

A high school director in Prey Veng province accused of embezzling thousands of dollars was transferred to a new position with the provincial government on Wednesday following a protest by students and teachers. ...

Ben Sokhean
https://www.cambodiadaily.com/news/110400-110400/

Cambodia asks China to import more products

Prime Minister Hun Sen has asked China to import more agricultural products from Cambodia to boost bilateral trade and strengthen the relationship between the two countries. The prime minister wants to boost bilateral trade to $5 billion by 2017. ...

Chea Vannak
http://www.khmertimeskh.com/news/23185/cambodia-asks-china-to-import-more-products/

Imports of construction materials rise but costs stable

Imports of construction materials grew dramatically last year compared with the year before due to strong demand, while the prices of imported goods declined. ...

Sum Manet
http://www.khmertimeskh.com/news/23189/imports-of-construction-materials-rise-but-costs-stable/

Cambodia hopes to turn Russian debt into investment

Prime Minister Hun Sen discussed the outstanding debt Cambodia owed to Russia on Wednesday, with the prime minister urging the debt be turned into investment and development in the country. ...

Ven Rathavong
http://www.khmertimeskh.com/news/23197/cambodia-hopes-to-turn-russian-debt-into-investment/

Government unaware of at least 128 orphanages, report says

The government was unaware of about half of the residential child care centers operating in four provinces and Phnom Penh prior to a study conducted last year, according to a report released on Thursday. ...

Buth Kimsay and Sonia Kohlbacher
https://www.cambodiadaily.com/news/110401-110401/

Old debt on agenda for PM’s Russia visit

Prime Minister Hun Sen will attempt to renegotiate the $1.5 billion of Soviet-era debt Cambodia accrued during the 1980s when he visits Russia in May, according to a post on the premier’s Facebook page.   ...

Vong Sokheng
http://www.phnompenhpost.com/national/old-debt-agenda-pms-russia-visit

New LGBT policies necessary: CCHR

The Cambodian Centre for Human Rights (CCHR) has called on schools to adopt a flexible school uniform policy to help transgender students and for the government to introduce(CCHR) anti-discrimination laws, in partnership with a USAID program worth almost $300,000.   ...

Bun Sengkong and Erin Handley
http://www.phnompenhpost.com/national/new-lgbt-policies-necessary-cchr

National bank ups cash reserve requirements

The National Bank of Cambodia (NBC) has doubled the minimum capital requirements for commercial banks and significantly raised the requirements for microfinance institutions in a move experts say will protect and consolidate the country’s banking sector.   ...

Kang Sothear and Tej Parikh
https://www.cambodiadaily.com/news/national-bank-ups-cash-reserve-requirements-110398/

Reshuffle a positive move says business community

The business community in Cambodia has welcomed the recent Cabinet reshuffle, which many say will improve the way the government works and will also improve the economy. ...

May Kunmakara
http://www.khmertimeskh.com/news/23187/reshuffle-a-positive-move-says-business-community/

Anti-graft body opens investigation into Sokha

The government’s Anti-Corruption Unit (ACU) on Thursday announced it was launching an official investigation into allegations that deputy opposition leader Kem Sokha made unlawful land and apartment purchases for a mistress. ...

Kuch Naren
https://www.cambodiadaily.com/news/anti-graft-body-opens-investigation-into-sokha-110386/

Up to 40% of Ta Khmao development sold

Up to 40 percent of the $100 million River Premium Development Company, a joint venture between local partners and Malaysian investors, has been completed and sold, said Houn Heng Eriya, the sales manager of the project in the city center of Ta Khmao. ...

Sum Manet
http://www.khmertimeskh.com/news/23188/up-to-40--of-ta-khmao-development-sold/

Magistracy meet calls for order in the court

Judge and prosecutors were called to a two-day workshop to address the sector’s pervasive ethics challenges, but legal experts said change could not occur until there were concrete rules, instead of vague moral guidelines. ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/magistracy-meet-calls-order-court

Third round of talks fail between JC Penny supplier, workers

The third round of negotiations between Win Shingtex (Cambodia) company and workers’ representatives under Ministry of Labor official supervision failed again yesterday, with workers planning to file a complaint to the Arbitration Council for help. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23200/third-round-of-talks-fail-between-jc-penny-supplier--workers/

Tourism a key revenue generator for SMEs

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-key-revenue-generator-smes

Malaysian firm wagers on Sihanoukville's potential

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential

Number of orphanages in Cambodia rises to 267 last year, up 92 pct: survey

A new survey released by Cambodia’s Social Affairs Ministry on Thursday showed that the number of residential care institutions in the country’s five key provinces increased to 267 last year, up 92 percent from only 139 in the year before. ...

Shanghai Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=324810

Cambodia mulls Preah Vihear access from Thailand

Cambodia is considering allowing visitors from Thailand directly access Preah Vihear temple, Cambodian Defence Minister Tea Banh said on Thursday. ...

Wassana Nanuam
http://www.bangkokpost.com/news/security/909368/cambodia-mulls-preah-vihear-access-from-thailand

Lower Mekong thirsts for more water

The amount of water that will be released from a Chinese dam until 10 April could be too low to help alleviate drought-stricken South-East Asia. ...

Fatima Arkin
http://www.scidev.net/asia-pacific/water/news/lower-mekong-thirsts-for-more-water.html

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