The Phnom Penh Post

IFC provides $50m to Amret micro-lender

The International Finance Corporation (IFC) will provide a $50 million financing package to Amret Co to help the Cambodian microfinance institution increase lending to smaller businesses, particularly those in the agriculture sector and rural areas, it said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-provides-50m-amret-micro-lender

Mondulkiri governor to ‘retire’

After three years as Mondulkiri provincial governor, Eng Bunheang will “retire” from the position in April for a yet-to-be-defined job at the Interior Ministry, it emerged yesterday. ...

Mech Dara
http://www.phnompenhpost.com/national/mondulkiri-governor-retire

Kingdom ranks low on global green list

Cambodia has performed poorly in the 2016 edition of a recent environmental report, ranking a dismal 146 out of 180 countries.The Kingdom returned one of the lowest Environmental Performance Index (EPI) scores in the region, narrowly edging ahead of Myanmar and Laos. ...

Erin Handley
http://www.phnompenhpost.com/national/kingdom-ranks-low-global-green-list

Sihanoukville businesses want beach ban revoked

Dozens of businesses from Sihanoukville’s Otres beach will deliver a letter to the National Assembly today seeking intervention on a government order to vacate the beach or be forcibly evicted. X Otres BeachX Yun Min ...

Chhay Channyda
http://www.phnompenhpost.com/national/sihanoukville-businesses-want-beach-ban-revoked

New youth party signed into being

The Cambodia Youth Party (CYP), a new coalition targeting the vote of Cambodia’s burgeoning under-30 population, became official this week after receiving its licence from the Ministry of Interior. ...

Lay Samean
http://www.phnompenhpost.com/national/new-youth-party-signed-being

Kingdom’s airlines adjusting course due to slower tourism

Tighter competition and a slowdown in international tourism growth has prompted airlines registered in Cambodia to scale back their fleet expansion plans and shift focus to serving the more promising Chinese tourist market, new research shows. ...

Cam McGrath and Sor Chandara
http://www.phnompenhpost.com/business/kingdoms-airlines-adjusting-course-due-slower-tourism

Gov’t ‘clarifies’ alleged rights abuses for IPU

A delegation from the Inter-Parliamentary Union (IPU) – a transnational organisation of lawmakers – met with lawmakers, several ministries and the UNHCR over the past two days to discuss concerns about the beating of two opposition lawmakers last October as well as the jailing of ...

Mech Dara
http://www.phnompenhpost.com/national/govt-clarifies-alleged-rights-abuses-ipu

PM gets his photo-op with Obama as Cambodian-Americans protest

A grinning Prime Minister Hun Sen walked up to US President Barack Obama and shook his hand in California yesterday, lending the premier his long-sought aura of legitimacy even as hundreds of angry Cambodians protested his 31-year rule less than half of a kilometre away. ...

Charles Rollet
http://www.phnompenhpost.com/national/pm-gets-his-photo-op-obama-cambodian-americans-protest

Forty faint at Svay Rieng SEZ factory

Officials blamed food poisoning for sparking the mass fainting of about 40 garment workers in a factory in the Svay Rieng border town of Bavet on Monday afternoon. ...

Mech Dara
http://www.phnompenhpost.com/national/forty-faint-svay-rieng-sez-factory

IFC offers Acleda Bank $50M for SME lending

The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending

Siem Reap tourist traffic dips 9% in 2015

The number of international tourists visiting Siem Reap fell 9 per cent last year compared with 2014, largely on a decline in European visitor arrivals, a tourism official said yesterday. ...

Sor Chandara and Ayanna Runcie
http://www.phnompenhpost.com/business/siem-reap-tourist-traffic-dips-9-2015

Another Korean ministry says it didn’t help envoy

South Korea’s Ministry of Justice has become the second of that nation’s ministries to deny it is working with Cambodia’s ambassador to the country, Suth Dina, to clamp down on illegal migrants and political dissent. ...

Daniel de Carteret
http://www.phnompenhpost.com/national/another-korean-ministry-says-it-didnt-help-envoy

In bribery, knowledge is power, says paper

A Cambodian-American political scientist has proposed a novel way to tackle corruption in the Kingdom: force bribe-taking bureaucrats to compete with each other. ...

Jack Davies
http://www.phnompenhpost.com/national/bribery-knowledge-power-says-paper

City hall pulls plug on market fee collector

Phnom Penh City Hall plans to replace the controversial contractor in charge of collecting parking and stall fees from markets around the city, according to a letter from the Council of Ministers posted on social media yesterday. ...

Mech Dara
http://www.phnompenhpost.com/national/city-hall-pulls-plug-market-fee-collector

ANZ still owes villagers over sugar loan: Oxfam

Australian banking giant ANZ has come under fire for its response to a scandal over its financing of a sugar plantation previously linked to forced evictions and child labour in Kampong Speu province. ...

Charles Rollet
http://www.phnompenhpost.com/national/anz-still-owes-villagers-over-sugar-loan-oxfam

PTT mulls foray into local retail propane market

Thai oil company PTT is looking to expand its retail liquefied petroleum gas (LPG) business into Cambodia and other Asian markets, a company executive said yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/ptt-mulls-foray-local-retail-propane-market

Official gets called out in sanctuary logging case

Two men have been arrested over, and a military official implicated in, illegal logging that took place at the protected Phnom Samkos Wildlife Sanctuary last week. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/official-gets-called-out-sanctuary-logging-case

Anti-capitol boycott drawing increased support after attack

A boycott of the Capitol Bus Company organised by former drivers and their supporters is picking up steam online after a brutal beatdown took place at a protest last week. ...

Niem Chheng
http://www.phnompenhpost.com/national/anti-capitol-boycott-drawing-increased-support-after-attack

Logs seized in Stung Treng

The recently created nationwide anti-logging commission seized 300 logs of illegal timber at a sawmill near a Vietnamese graveyard in Stung Treng province on Friday. ...

Phak Seangly
http://www.phnompenhpost.com/national/logs-seized-stung-treng

Minister decries fake journo licence plates

Information Minister Khieu Kanharith took to Facebook on Saturday to remind drivers of vehicles with illegal “press” licence plates that “it will not be a fine, but prison” if police catch them. ...

Lay Samean
http://www.phnompenhpost.com/national/minister-decries-fake-journo-licence-plates

Sellers urged to return to site of Thailand riot

The Ministry of Foreign Affairs has urged nervous Cambodian vendors to reopen their shops at a market in Thailand across the border from Poipet town after a counterfeits bust by Thai authorities resulted in a riot and arrests earlier this month. ...

Sen David
http://www.phnompenhpost.com/national/sellers-urged-return-site-thailand-riot

Sokha vows neutrality in Cambodia’s civil service

Cambodia’s civil servants and security forces must be politically neutral, and will be if the Cambodia National Rescue Party takes power after the 2018 election, acting opposition leader Kem Sokha told supporters in Banteay Meanchey on Saturday. ...

Meas Sokchea
http://www.phnompenhpost.com/national/sokha-vows-neutrality-cambodias-civil-service

Report examines KRT legacy

As parties prepare for Case 002/01 appeal hearings, set to resume on Tuesday, a new report by the Open Society Justice Initiative examines the legacy of the Khmer Rouge tribunal, identifying political interference and insufficient outreach as the court’s primary shortcomings. ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/report-examines-krt-legacy

US trade treaty to aid kingdom's TPP ambitions

As Prime Minister Hun Sen attends the US-ASEAN Summit in California today, government officials are in the midst of ongoing negotiations with their American counterparts to formulate a trade and investment agreement, which analysts say could be a stepping stone towards one day joining the ...

Ananth Baliga
http://www.phnompenhpost.com/business/us-trade-treaty-aid-kingdoms-tpp-ambitions

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