Khmer Times

Global brands welcome wage rise

Major global brands that source from Cambodia welcome the recent rise in the basic minimum wage for the country’s more than 700,000 garment workers, representatives of three brands told Khmer Times yesterday. They have no plans to shift sourcing to other countries where wages are ...

May Kunmakara
http://www.khmertimeskh.com/news/16958/global-brands-welcome-wage-rise/

Securities firm suspends operations

Locally-owned Sonatra Securities has ceased operations due to the slow progress of country’s Cambodia Securities Exchange (CSX), which opened in the middle of 2012, its CEO Sorn Sokna said. ...

May Kunmakara and Sum Manet
http://www.khmertimeskh.com/news/16956/securities-firm-suspends-operations/

Fewer tolls, better roads

On the afternoon of October 10, local officials and Apsara Authority agreed that, with a budget of more than $4 million, the local government would upgrade a 15-kilometer stretch of the ring road and stop taking fees and tolls from vehicles. ...

Naomi-Collett Ritz
http://www.khmertimeskh.com/news/16953/fewer-tolls--better-roads/

Opposition supporters in Banteay Meanchey defect

Almost 100 opposition Cambodia National Rescue Party (CNRP) supporters and several dozen members of the Royalist Funcinpec Party in Svay Chek district, Banteay Meanchey province, defected yesterday to the ruling Cambodian People’s Party. Among them were provincial and village-level leaders. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/16929/opposition-supporters-in-banteay-meanchey-defect/

Port begins roadshow for IPO with cautious optimism

PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked.   ...

Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/

Environment ministry ends ELC assessments

The Environment Ministry has reduced the terms of six economic land concessions (ELCs) to 50 years from between 70 and 90 years after seven of eight carbon credit investment projects were revoked. ...

Chea Vannak
http://www.khmertimeskh.com/news/16889/environment-ministry-ends-elc-assessments/

PM’s sons begin to take center stage

As Prime Minister Hun Sen ages, more and more talk is surfacing of his sons taking his mantle and leading the country into the future. Two were in the spotlight this past week as they bolster their credentials for their eventual rise to the top ...

Chea Vannak
http://www.khmertimeskh.com/news/16893/pm---s-sons-begin-to-take-center-stage/

No voting rights for Cambodians abroad

Ry Sovanna is a Cambodian citizen, but in 2013 he was not able to exercise one of his most basic rights – voting. Mr. Sovanna was living in Thailand at the time, and there was no way for him to file his ballot in the ...

Jonathan Cox
http://www.khmertimeskh.com/news/16892/no-voting-rights-for-cambodians-abroad/

New insurance product gives rice farmers a break

Farmers hit by drought in Battambang this year are already benefitting from a new crop insurance product for rice farmers introduced by Forte Insurance, with at least 60 families in two districts of the country’s main rice-growing province collecting payments so far. ...

May Kunmakara
http://www.khmertimeskh.com/news/16797/new-insurance-product-gives-rice-farmers-a-break/

Cambodia lauds new silk road

Prime Minister Hun Sen has thrown his weight behind China’s ambitious multi-billion dollar plan to revive the Silk Road, the ancient trading route crossing three continents to link China with Europe. ...

Pav Suy
http://www.khmertimeskh.com/news/16810/cambodia-lauds-new-silk-road/

Late king father’s legacy remembered

In “Goodbye Cambodia”, a song written by the late King Father Norodom Sihanouk, he expressed the sadness and melancholy in his heart about the state of his country and about being forced to leave. Many of these same feelings bubbled to the surface as people ...

Chea Vannak
http://www.khmertimeskh.com/news/16812/late-king-father---s-legacy-remembered/

‘Free market’ no excuse for price gouging: CNRP

Despite Prime Minister Hun Sen’s request for bus owners and cab drivers to not hike prices over the Pchum Ben holiday, passengers were subjected to a familiar price bump this week. ...

Chea Takihiro and Srey Kunmeth
http://www.khmertimeskh.com/news/16770/---free-market----no-excuse-for-price-gouging--cnrp/

To court students, vocational programs get a makeover

One slickly produced television ad tells students “to join the community of minds that craves to learn,” as three teenagers assemble an electrical circuit board. “Better Skills! Better income!” a group of students shout in unison, fists raised. ...

James Reddick
http://www.khmertimeskh.com/news/16768/to-court-students--vocational-programs-get-a-makeover/

Arsenic in Kandal rice may be leaking into Phnom Penh markets

Once thought to be a problem that affected only rural areas, arsenic poisoning from tainted food could affect Cambodian cities such as Phnom Penh as well, according to research into rice and fish cultivated in Kandal province. ...

Jonathan Cox
http://www.khmertimeskh.com/news/16767/arsenic-in-kandal-rice-may-be-leaking-into-phnom-penh-markets/

Robbers’ terms made concurrent

Both Prum Chan Samnang, a 20-year-old former Smart Axiata employee, and Phy Phirum, a 20-year-old air conditioning technician, were lucky enough to receive a rare “consolidation of sentences” yesterday at Phnom Penh Municipal Court. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/16679/robbers----terms-made-concurrent/

Drought hits 234,695 hectares of paddy fields in Cambodia

Persisting dry conditions have affected approximately 234,695 hectares of rice seedlings in 16 Cambodian provinces and cities, according to a report released by the Ministry of Agriculture on Sunday.   ...

Xinhua team
http://www.khmertimeskh.com/news/16505/drought-hits-234-695-hectares-of-paddy-fields-in-cambodia/

Teachers push for higher wages, rural schools with books

Teachers are demanding that their salaries be raised to 1.5 million riel (about $270) per month next year, and are warning the government that if this does not happen, they will continue protesting “like a headache that will not go away.”  ...

Chea Takihiro
http://www.khmertimeskh.com/news/16536/teachers-push-for-higher-wages--rural-schools-with-books/

Beehive defectors welcome: KSP

The Khmer Solidarity Party (KSP) yesterday brushed aside rumors that disgruntled members of the Beehive Social Democratic Party (BSDP) were trying to join it. ...

Pav Suy
http://www.khmertimeskh.com/news/16414/beehive-defectors-welcome--ksp/

Four more Nauru refugees may be on the way

The Interior Ministry will send a delegation to Nauru Island this month to interview another four asylum seekers who are considering resettling in Cambodia, a spokesman for the ministry said yesterday.   ...

Ros Chanveasna
http://www.khmertimeskh.com/news/16353/four-more-nauru-refugees-may-be-on-the-way/

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