News

Yaunta eyes new role to jump start moribund market

Yaunta Securities, a leading underwriter in the Cambodia’s slow moving stock market, is in talks with regulators and the Cambodia Securities Exchanges (CSX) to assume the role of market maker to provide more liquidity in the market, a senior executive at Yaunta told Khmer ...

May Kunmakara
http://www.khmertimeskh.com/news/17404/yaunta-eyes-new-role-to-jump-start-moribund-market/

‘Pitfalls ahead’ for web freedom, report finds

While Cambodia lacks a “rigorous, systematic approach to internet censorship”, new programs regulating telecommunications, online expression and cybercrime threaten the relative freedom it currently enjoys, according to a new report.The Freedom on the Net 2015 report, released on Friday by American watchdog organisation Freedom House, ...

Daniel Nass
http://www.phnompenhpost.com/national/pitfalls-ahead-web-freedom-report-finds

Charting the next seven years of environmental policy

Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...

Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/

Cambodia sends 2nd batch of peacekeepers to war-torn Central African Republic

Cambodia sent the second batch of 216 troops to join a United Nations peacekeeping operation in the Central African Republic (CAR) on Monday, officials said. ...

Xinhua News Agency Staff
http://www.globalpost.com/article/6679674/2015/11/01/cambodia-sends-2nd-batch-peacekeepers-war-torn-central-african-republic

Quick to criticize, drivers forget they have a role in snarled traffic

Drivers on Cambodia’s chaotic streets are often quick to criticize the traffic police, who seem unable to bring things under control. However, the drivers themselves forget that poor driving and the ignoring of traffic laws lead to so many snarls. ...

Socheata Hean
http://www.voacambodia.com/content/quick-to-criticize-drivers-forget-they-have-a-role-in-snarled-traffic/3033004.html

Mekong dams 'a grave threat to river'

Experts are warning that the Lower Mekong Basin may soon face depleting fish stocks, further erosion of the coastline and rising salinity that will make rice fields uncultivable. An extensive, government- funded study by the Vietnam National Mekong Committee estimates the value of fish from ...

Nirmal Ghosh
http://www.straitstimes.com/asia/se-asia/mekong-dams-a-grave-threat-to-river

ADB supports Cambodia’s push to develop new environmental plan

The Asian Development Bank (ADB) is supporting the government of Cambodia to develop a National Environmental Strategy and Action Plan (NESAP) to help the country achieve its sustainable development goals. ...

The FINANCIAL News Staff
http://www.finchannel.com/index.php/business/item/51340-adb-supports-cambodia-s-push-to-develop-new-environmental-plan

Condo boom in Cambodia's capital driven by expat demand and a leap of faith

High-rise apartments are springing up across Cambodia’s capital, part of a property boom led by expat demand, while developers are also betting the country’s growing middle class will shed a traditional distaste for “living on top of each other”. ...

Prak Chan Thul, Aradhana Aravindan
http://www.reuters.com/article/2015/11/02/cambodia-condominiums-idUSL3N12N3UL20151102

Cambodia’s opposition calls on government to expedite ‘dragging’ assault probe

Cambodia’s opposition party has called on the government to expedite a “dragging” investigation into a violent attack on two of its lawmakers and urged the United Nations to join the probe after the international body expressed concern over the assault. ...

Leng Maly
http://www.rfa.org/english/news/cambodia/probe-11022015171340.html

ADB, Cambodia launch second Asia Women Leaders Program

The Asian Development Bank (ADB), in collaboration with the Ministry of Women’s Affairs, is holding a second Asia Women Leadership Program (AWLP) event starting today to help senior women government officials develop their potential to become future leaders. ...

The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51339-adb-cambodia-launch-second-asia-women-leaders-program

Amid tensions, two sides vow to continue political dialogue

Officials from the ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party say they will continue political talks, despite last week’s assault of two opposition lawmakers and the removal of Rescue Party Vice President Kem Sokha from his senior post at the National ...

Neou Vannarin
http://www.voacambodia.com/content/amid-tensions-two-sides-vow-to-continue-political-dialogue/3032973.html

Central bank moves to spark Interbank lending

The National Bank of Cambodia has decreased the minimum value of negotiable certificates of deposit (NCDs) in a bid to promote interbank lending in the Kingdom’s crowded financial industry. ...

May Kunmakara
http://www.khmertimeskh.com/news/17371/central-bank-moves-to-spark-interbank-lending/

Races hung out to dry

Citing low water levels of the Tonle Sap as the cause, Prime Minister Hun Sen yesterday justified his decision to call off the upcoming Water Festival in Phnom Penh in a speech in Kampot, even as some observers suggested political concerns motivated the event’s abrupt ...

Mom Kunthear and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/races-hung-out-dry

Man briefly detained over criticism of gov’t

A man in Kampong Speu’s Oral district was briefly placed under house arrest yesterday, following his public criticism of the government and prime minister at a town hall meeting.Ung Ny, Cambodian National Rescue Party (CNRP) Oral district executive director, said that 45-year-old Hay Hoeun, a ...

Vong Sokheng
http://www.phnompenhpost.com/national/man-briefly-detained-over-criticism-govt

PM calls for crackdown on gambling

Prime Minister Hun Sen yesterday called for a crackdown on gambling during a speech to mark the beginning of the new academic year in Kampot province. ...

Ven Rathavong and Ros Chanveasna
http://www.khmertimeskh.com/news/17380/pm-calls-for-crackdown-on-gambling/

Prince Finance launches in Cambodia

After receiving a licence from the National Bank of Cambodia in August, the microfinance institution Prince Finance has started its business to cater to the financial needs of local and foreign customers. Post Plus sat down with Hon Sorachana, the board director of the Prince ...

Post Staff
http://www.phnompenhpost.com/business/prince-finance-launches-cambodia

CNRP calls on UN to join investigation

The opposition Cambodia National Rescue Party has called on the United Nations to join an investigation into the beating of two CNRP parliamentarians last Monday, expressing serious doubts the Cambodian People’s Party-led government could conduct an independent inquiry into an incident it was almost immediately ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-calls-un-join-investigation

Chinese auto group plans factory here

Guangzhou Automobile Group it awaiting approval from the Cambodian government to set up a manufacturing facility in Cambodia that could be a springboard for exports to ASEAN, a senior executive of the group told Cambodian journalists visiting the province last week. ...

Sok Chan
http://www.khmertimeskh.com/news/17372/chinese-auto-group-plans-factory-here/

Reporters, police give wildly different accounts of border row

A border official and a reporter gave drastically different accounts Sunday of events that transpired after a group of journalists was blocked as they attempted to visit the Chambok border checkpoint in Banteay Meanchey province on Friday. ...

Aun Pheap
https://www.cambodiadaily.com/news/reporters-police-give-wildly-different-accounts-of-border-row-98949/

Blame game on removal of Kem Sokha

Political analysts across the Kingdom are buzzing about the ramifications of the decision the National Assembly made last week to remove Kem Sokha, deputy president of the opposition Cambodia National Rescue Party (CNRP), as deputy president of the legislative body. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17381/blame-game-on-removal-of-kem-sokha/

Hun Sen pledges $250 civil servant salary by 2018

Prime Minister Hun Sen announced Sunday that civil servants and members of the armed forces will receive a minimum monthly salary of about $250 by 2018, the next year a national election is scheduled to be held. ...

Mech Dara
https://www.cambodiadaily.com/news/hun-sen-pledges-250-civil-servant-salary-by-2018-98954/

Prisoner says release contingent on bribe

A Trapaing Thlong prison officer in Kampong Cham was last week accused of demanding $150 to release a prisoner who had fully served his 10-year term, a charge the prison’s director rejected yesterday. ...

Phak Seangly
http://www.phnompenhpost.com/national/prisoner-says-release-contingent-bribe

Bomb threat uni graduate is released

The university graduate arrested for threatening the life of Interior Minister Sar Kheng was released from Siem Reap Provincial Prison on Friday after being handed a reduced sentence by the provincial court, police said yesterday. ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/bomb-threat-uni-graduate-released

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