Khmer Times

March inflation rate rises to 4.3 percent

Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...

May Kunmakara
http://www.khmertimeskh.com/news/39611/march-inflation-rate-rises-to-4-3-percent/

Villagers near Sesan Dam warned to brace for floods

Villagers living near the Lower Sesan ll Hydropower Dam in Stung Treng province have been warned to expect flooding in their villages soon as the operators of the dam close its doors for technical tests. ...

Sen David
http://www.khmertimeskh.com/news/39566/villagers-near-sesan-dam-warned-to-brace-for-floods/

Solar plant poised to boost grid

Singapore-based Sunseap’s solar farm, the country’s first renewable power facility which has a contract to feed 10MW to the national grid, is set to start generating in August, officials say. ...

Chea Vannak
http://www.khmertimeskh.com/news/39540/solar-plant-poised-to-boost-grid/

National Bank revokes licence of Dubai firm

The National Bank of Cambodia yesterday revoked the licence of Dubai-based Royal Index Pte., an affiliate of Royal Index UAE, after it failed to fulfill its mandatory obligations as a derivatives trading firm operating in the kingdom. ...

May Kunmakara
http://www.khmertimeskh.com/news/39454/national-bank-revokes-licence-of-dubai-firm/

Chinese companies to set up mega water plant

Shanghai Mechanical Power Engineering and Shanghai Micro Purification Technology are both looking to ink deals with the government to build the industrial plant in Kep province, according to the Ministry of Industry and Handicrafts. ...

Chea Vannak
http://www.khmertimeskh.com/news/39525/chinese-companies-to-set-up-mega-water-plant/

Agriculture expo expected to draw Chinese investors

More than 1,000 Chinese investors and businessmen will soon come to Cambodia to seek investment partnerships with their Cambodian counterparts during the inaugural International Agriculture Products and Expository conference on Koh Pich Island. ...

Sok Chan
http://www.khmertimeskh.com/news/39529/agriculture-expo-expected-to-draw-chinese-investors/

Row over illegal livestock trade

The Agriculture Ministry has said it can’t control illegal imports of livestock from neighbouring countries, arguing customs officials must take responsibility for the issue.​ ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39216/row-over-illegal-livestock-trade/

Jarai commune chief sticks to his roots

A newly elected commune chief in Ratanakkiri province has vowed to solve local problems by referring to his Jarai heritage and traditions.   ...

Mom Sophon
http://www.khmertimeskh.com/news/39224/jarai-commune-chief-sticks-to-his-roots/

Thousands quit smoking

The number of men who smoke in Cambodia dropped by almost a third in the past decade, while women smokers nearly halved, according to a government report. Figures showed that 48.98 percent of men aged 18 and older smoked ten years ago, but that has now ...

Mom Kunthear
http://www.khmertimeskh.com/news/39148/thousands-quit-smoking/

Monks sell off public land

The chief of a Buddhist pagoda, a village chief and six laymen will appear in Phnom Penh Municipal Court on Monday after accusations they sold public land worth $50,000. ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/39143/monks-sell-off-public-land/

Finland to help develop energy plants

Foreign Minister Prak Sokhonn yesterday met with the newly appointed Finnish ambassador Satu Suikkari-Kleven, who is based in Bangkok. “Ms Suikkari-Kleven told the Foreign Minister that some Finnish companies are interested in cooperating with Cambodia to invest in energy and electricity from waste,” Foreign Affairs ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39177/finland-to-help-develop-energy-plants/

IMF: Make youth a demographic dividend

The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech.  ...

May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/

Rice storage offers price security

The silo is expected to be finished by the end of the year and the warehouse will be fully operational for the 2018 harvest season, according to the CEO of the Cambodia Rice Bank.   ...

Sok Chan
http://www.khmertimeskh.com/news/39097/rice-storage-offers-price-security/

Government approves agencies to send workers abroad

The Labour Ministry has announced the names of 77 private recruitment agencies approved to select, train and send Cambodian workers to Thailand, Malaysia and Japan. ...

Mom Kunthear
http://www.khmertimeskh.com/news/39112/government-approves-agencies-to-send-workers-abroad/

Central bank to carry out on-site MFI audits

Cambodia’s central bank is to conduct on-site audits of microfinance institutions to check if they are complying with the interest rate cap that came into force more than two months ago, industry insiders have said.   ...

May Kunmakara
http://www.khmertimeskh.com/news/39098/central-bank-to-carry-out-on-site-mfi-audits/

Cashew growers brace for fall in prices

Cashew nut prices seem to have fallen slightly at the end of harvest season compared to March this year, according to the cashew nut association in Kampong Thom province. Association president Oum Uon said prices for raw cashew nuts dropped from 7,000 riel ($1.75) per kilo ...

Sok Chan
http://www.khmertimeskh.com/news/39073/cashew-growers-brace-for-fall-in-prices/

Courts review starts

The Justice Ministry has launched a 100-day campaign to improve the court system. Ministry spokesman Chin Malin said while the system was widely regarded by outsiders as fair and without corruption, it was now time for a self-assessment to confirm its effectiveness. ...

Sen David
http://www.khmertimeskh.com/news/39064/courts-review-starts/

Making films about trafficking

Cambodian youngsters are being invited to take part in a video contest on the theme “Asean Against Trafficking – Humans Are Not For Sale”. The Cambodia Human Rights Committee (CHRC) has announced its support for the Asean Youth Video Competition, which aims to raise public awareness ...

Sen David
http://www.khmertimeskh.com/news/39067/making-films-about-trafficking/

Garment industry exports up, jobs down

Exports grew at a solid pace in 2016, rising by 7.2 percent to $7.3 billion, but the number of registered exporting factories fell by 10.4 per cent, while the number of workers declined by 2.9 per cent, compared to 2015.   ...

Sum Manet
http://www.khmertimeskh.com/news/39024/garment-industry-exports-up--jobs-down/

Workers unite in devotion to making vote count

Union leaders have admitted they were surprised at the high number of factory workers who returned to the provinces from Phnom Penh to cast their vote in the commune elections. ...

Mom Kunthear
http://www.khmertimeskh.com/news/39042/workers-unite-in-devotion-to-making-vote-count/

Protesters block Thai trucks at border

Hundreds of people protested on Friday by blocking 28 Thai trucks on the Cambodian side of the Boeung Trakoun border market in Banteay Meanchey province after Thai authorities arrested 13 Cambodian workers. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39035/protesters-block-thai-trucks-at-border/

The votes no one wants

As Cambodians went to vote yesterday, more than 1,000 ethnic Vietnamese families living in floating houses in Kampong Chhnang province found themselves shunned by election officials on both sides of the border.   ...

May Titthara
http://www.khmertimeskh.com/news/39040/the-votes-no-one-wants/

Audit backs airport improvements

International Civil Aviation Organisation experts have wrapped up a five-day review of Cambodia’s airports after an audit last year recommended areas for improvement.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/39021/audit-backs-airport-improvements/

Commune elections open

A total of 22,148 polling stations across the country opened their doors to registered voters at 7:00 AM. Some 7.8 million people are registered to vote for chiefs and councilors in more than 1,600 communes, with close to 12 political parties fielding candidates. ...

Cheang Sokha and Khy Sovuthy
http://www.khmertimeskh.com/news/39008/commune-elections-open/

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