News

Judiciary allowances to see major increase

The top judge and prosecutor in Cambodia’s judiciary will see their allowances rise 300 per cent to $2,500, while those in lower courts are also in for significant hikes, according to a decree released yesterday. ...

Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/judiciary-allowances-see-major-increase

Unionists arrested by undercover police out on bail

Two unionists jailed since February 2 have been released on bail by the Kompong Speu Provincial Court, although they remain charged with incitement and intentional violence in connection with a protest outside the Cerie garment factory, officials said Thursday. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/unionists-arrested-by-undercover-police-out-on-bail-109759/

MFI employee jailed for embezzling $300,000

A former employee of a microfinance institution (MFI) was Tuesday jailed on charges of embezzling some $300,000 from the company, a court official said. ...

Kang Sothear
https://www.cambodiadaily.com/news/mfi-employee-jailed-for-embezzling-300000-109664/

Government regulates gas prices

Gas stations around the country will be required to sell their products at a standardized price and any that overcharge will be fined, the government said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/22638/government-regulates-gas-prices/

Credit hunger still voracious

In its 10th year, Cambodia’s growing microfinance sector has seen stellar credit and deposit growth. But concerns remain over this speed of credit growth in the sector, as well as the rise in unlicensed lenders operating in rural areas. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/credit-hunger-still-voracious

Traditional silk industry struggles to keep its shine

To get high quality silk scarves or silk products ready to sell in shops or markets takes at least two or three days of hard work by weavers, most of whom work in small villag ...

Sok Chan
http://www.khmertimeskh.com/news/22615/traditional-silk-industry-struggles-to-keep-its-shine/

Foreign ministry explains service passport collection

The Foreign Affairs Ministry released a statement on Tuesday clarifying the policies that will be used to collect service passports from public servants after they have returned from their missions abroad and are no longer authorized to use them. ...

Ven Rathavong
http://www.khmertimeskh.com/news/22628/foreign-ministry-explains-service-passport-collection/

MFI employee jailed for embezzling $300,000

A former employee of a microfinance institution (MFI) was Tuesday jailed on charges of embezzling some $300,000 from the company, a court official said. ...

Kang Sothear
https://www.cambodiadaily.com/news/mfi-employee-jailed-for-embezzling-300000-109664/

Knock-offs find a new home

The province of Banteay Meanchey will build a new market for vendors displaced from the Long Keur market on the Thai side of the Poipet border, a provincial official said yesterday, adding that vendors will be allowed to continue selling their counterfeit goods at the ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/knock-offs-find-new-home

Under fire, rice federation vows action

A week after an alliance of millers and exporters criticized the Cambodia Rice Federation (CRF) for its inaction in the face of the sector’s possible collapse, the federation Wednesday announced the formation of a new task force to manage challenges facing its members. ...

Kang Sothear
https://www.cambodiadaily.com/news/under-fire-rice-federation-vows-action-109691/

Provincial governors set to retire

The government is preparing for the retirement of eight provincial governors, Interior Minister Sar Kheng announced at an event to commemorate International Women’s Day on Tuesday. ...

Meas Sokchea
http://www.phnompenhpost.com/national/provincial-governors-set-retire

Rice body steps up to the plate

Responding to criticism, Cambodia’s apex rice industry body announced yesterday that it would submit a plan to Prime Minister Hun Sen that addresses two of the major challenges facing the Kingdom’s rice sector – competition from rice imports and access to finance for millers. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-body-steps-plate

Minister dismisses lawmaker’s HIV concerns

Health Minister Mam Bunheng said Wednesday that he was unconcerned by a letter sent to him by the head of the National Assembly’s health commission last month concerning a spate of recently discovered HIV cases in Kandal province.   ...

Khy Sovuthy
https://www.cambodiadaily.com/news/minister-dismisses-lawmakers-hiv-concerns-109701/

Controversial union law set for final review

The head of the National Assembly’s legislation commission said he hoped to have a controversial draft union law passed “very soon” after the latest round of feedback from unions and employers during a public workshop at Parliament on Wednesday. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/controversial-union-law-set-for-final-review-109689/

Rice group seeks $30m emergency loan

The president of the Cambodia Rice Federation (CRF) has asked the government for an emergency loan of $20 million to $30 million, saying it is necessary to prevent the collapse of the rice sector. ...

Sok Chan
http://www.khmertimeskh.com/news/22559/rice-group-seeks--30m-emergency-loan/

Cambodian farmers ‘undermined by flood of imports’

Vegetables, fruit and other food products imported from neighboring countries are undermining domestic agricultural production and steps need to be taken to assist the industry here, a forum was told yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/22538/cambodian-farmers----undermined-by-flood-of-imports---/

New web series invokes Cambodian pride

As Cambodia’s Facebook generation turns to the internet for their news about the Kingdom, a public relations and communications agency is seeking to capture the group’s attention by highlighting various people and their Cambodian pride. ...

Nou Sotheavy
http://www.khmertimeskh.com/news/22551/new-web-series-invokes-cambodian-pride/

Firm to advise on offshore financial products

Tag Wealth International, a subsidiary of Australian financial services company Tag Group, will establish a permanent office in Phnom Penh to provide services for expatriates living in Cambodia, its director said yesterday. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/firm-advise-offshore-financial-products

Health budget boost planned to help poor

With the costs of health care on the rise, Health Minister Mam Bun Heng yesterday revealed plans to increase public health funding in order to provide greater medical coverage for those unable to afford it. ...

Sen David
http://www.phnompenhpost.com/national/health-budget-boost-planned-help-poor

Deforestation taskforce files complaint against five companies

The National Anti-Deforestation Committee (NADC) filed complaints to provincial courts against five companies that obtained economic land concessions (ELCs) from the government after discovering irregularities in the companies’ timber stocks after a three-day inspection early this week. ...

May Titthara
http://www.khmertimeskh.com/news/22549/deforestation-taskforce-files-complaint-against-five-companies/

Muhibbah’s profits rise on Cambodian activities

Malaysian conglomerate Muhibbah Engineering Bhd reported that revenue declined 7.5 per cent last year, but gross profit increased in part due to its stake in the company that operates Cambodia’s three international airports. ...

Post Staff
http://www.phnompenhpost.com/business/muhibbahs-profits-rise-cambodian-activities

Shift to tech curbs corruption: PM

Prime Minister Hun Sen yesterday said the government is now paying almost all civil servants’ salaries and collecting taxes using technology, rather than relying on officials to handle cash, which reduces corruption. ...

May Kunmakara
http://www.khmertimeskh.com/news/22539/shift-to-tech-curbs-corruption--pm/

Germany gives $45m grant for development

Germany has given a grant to Cambodia worth $45.7 million to promote economic and social development in three ways. Three agreements were signed yesterday by Keat Chhon, first vice-chairman of the Council for the Development of Cambodia, and Joachim Baron von Marschall, the ambassador of the ...

Sum Manet
http://www.khmertimeskh.com/news/22537/germany-gives--45m-grant-for-development/

Officials’ service passports to be revoked at borders

Government officials who travel overseas for work will have to turn over their service passports when they return to Cambodia starting this month due to misuse of the documents to overstay official trips and partake in unrelated work, according to a Foreign Affairs Ministry statement. ...

Saing Soenthrith and Taylor O'Connell
https://www.cambodiadaily.com/news/109715-109715/

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