News

Deal gives UAE more confidence to invest

The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...

Hor Kimsay
http://www.phnompenhpost.com/business/deal-gives-uae-more-confidence-invest

PM weighs in as floods continue in Kingdom

Water levels in the Mekong River in Stung Treng province climbed to emergency levels yesterday morning as Prime Minister Hun Sen took to Face-book to order local authorities to look out for residents. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/pm-weighs-floods-continue-kingdom

Fintech could be ‘game changer’

Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...

Brian Ng
http://www.phnompenhpost.com/business/fintech-could-be-game-changer

New era looms for Kantha Bopha

During the first six months of this year, the hospitals recorded $7.7 million in private donations from Switzerland, compared to $7.4 million during the first six months in 2016, according to Laurent.   ...

Yesenia Amaro and Kong Meta
http://www.phnompenhpost.com/national/new-era-looms-kantha-bopha

Minister calls for car check-ups

Transport Minister Sun Chanthol said yesterday that there are about 150,000 cars on Cambodia’s roads without valid road safety certificates, and called on vehicle owners to schedule safety checks on his ministry’s website or risk being fined by police. ...

Touch Sokha
http://www.phnompenhpost.com/national/minister-calls-car-check-ups

Metfone operator plans for big foreign revenue

Viettel Group, the Vietnamese military-owned operator of Cambodian mobile operator Metfone, expects to pull in $1.4 billion in revenue this year from overseas investments, Vietnamese state-owned media reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/metfone-operator-plans-big-foreign-revenue

More villagers evacuated as floods continue

Authorities yesterday evacuated 190 households in four communes within Oddar Meanchey’s Trapaing Prasat district due to severe flooding, one day after 100 families were ferried to safety in Preah Vihear province, where two people died.​ ...

Sen David and Ven Rathavong
http://www.khmertimeskh.com/5075386/villagers-evacuated-floods-continue/

Provinces now responsible for state-run orphanages

The Ministry of Social Affairs, Veterans and Youth Rehabilitation yesterday issued a sub-decree delegating responsibility for state-run childcare centres to sub-national levels in a bid to streamline aid to victims of child abuse. ...

Pech Sotheary
http://www.khmertimeskh.com/5075389/provinces-now-responsible-state-run-orphanages/

Vanny maintains innocence

Jailed activist Tep Vanny yesterday maintained her innocence and called on the judge to overturn her conviction in a hearing at the Appeal Court yesterday, as about 80 protesters demonstrated for her release outside. ...

Niem Chheng and Leonie Kijewski
http://www.phnompenhpost.com/national/vanny-maintains-innocence

Anti-drug campaign set to target monks

Monks have become the latest target of the government’s anti-drug campaign, as Interior Minister Sar Kheng announced he would be seeking ways to wipe out abuse of illegal substances in the clergy. ...

Khy Sovuthy
http://www.khmertimeskh.com/5075391/anti-drug-campaign-set-target-monks/

Preah Sihanouk families seek titles

About a hundred families in Preah Sihanouk province gathered outside their local commune office on Tuesday to demand authorities follow through on what they said were promises to give them titles to land in what is now a Chinese land concession. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/preah-sihanouk-families-seek-titles

NGOs help six more workers to repatriate from Malaysia

NGOs in Cambodia and Malaysia are working with the International Organization for Migration (IOM) to repatriate six of the 30 Cambodians who sought shelter at the country’s embassy after the Malaysian government started mass arrests of undocumented migrant workers on July 1. ...

Zsomber Peter
https://www.cambodiadaily.com/news/ngos-help-six-more-workers-to-repatriate-from-malaysia-132923/

Apsara Authority approves 500 new Angkor Park home rebuilds

The Apsara Authority on Wednesday reported it had approved more than 500 home construction applications inside Angkor Archaeological Park in the first six months of the year, even as it prepared to raze hundreds of illegally constructed houses inside the sprawling complex. ...

Aun Pheap
https://www.cambodiadaily.com/news/apsara-authority-approves-500-new-angkor-park-home-rebuilds-132937/

No concrete solutions for cement shortage

Despite being home to several cement factories, real estate industry experts say Cambodia’s cement manufacturing sector has yet to fulfill demands of the fast developing building boom. ...

Siv Meng
http://www.phnompenhpost.com/post-property/no-concrete-solutions-cement-shortage

Interior Minister approves draft of fire safety building codes

Interior Minister Sar Kheng on Wednesday approved a draft sub-decree detailing new fire safety building codes as well as regulations for businesses selling flammable materials, an official said. ...

Leng Len
https://www.cambodiadaily.com/news/interior-minister-approves-draft-of-fire-safety-building-codes-132932/

Fake beer destroyed

Authorities destroyed nearly 1,000 boxes of counterfeit beer yesterday following earlier raids sparked by a complaint filed by the sole distributor of the brand name beer. ...

Khuon Narim
http://www.khmertimeskh.com/5075187/fake-beer-destroyed/

Minorities forced to trek from Sesan village

About 100 ethnic minority members were forced to trek 12 km on Wednesday out of a Stung Treng village on the verge of being flooded by a new hydroelectric dam after authorities blockaded a road. ...

Aun Pheap
https://www.cambodiadaily.com/news/minorities-forced-to-trek-from-sesan-village-132930/

One drowns as floods hit Preah Vihear

One teenager drowned and at least 30 families were evacuated as the Stung Sen river swelled over one meter higher than emergency levels in Preah Vihear province, authorities said on Wednesday, as at least five other provinces recorded flooding from Tropical Storm Sonca. ...

Ben Sokhean
https://www.cambodiadaily.com/news/one-drowns-as-floods-hit-preah-vihear-132935/

Tax department rakes in $1.2B in revenue

The General Department of Taxation (GDT) collected a whopping $1.19 billion in tax revenue during the first half of this year, an increase of 32 percent compared to the same period last year, led by a surge of value-added tax (VAT) and profit-tax revenue. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-department-rakes-12b-revenue

Vietnam rubber firm reaches accord with Ratanakkiri ethnic villages

In an agreement mediated by the International Finance Corporation’s watchdog mechanism, a controversial Vietnamese rubber firm has reached a deal with 11 ethnic minority villages affected by its Ratanakkiri operations to return nearly 20 community “spirit mountains”, restore streams filled or polluted by its activities ...

Phak Seangly and Martin de Bourmont
http://www.phnompenhpost.com/national/vietnam-rubber-firm-reaches-accord-ratanakkiri-ethnic-villages

First Khmer Rouge history mobile app released on Android

The first mobile app offering a comprehensive and interactive history of the Khmer Rouge, created in the hopes of ending a “collective denial” about some of the atrocities committed by the Pol Pot regime, went live on Tuesday. ...

George Wright
https://www.cambodiadaily.com/news/first-khmer-rouge-history-mobile-app-released-on-android-132885/

UN officials blocked from visiting villages near dam

Since Sunday, Military Police and provincial police officials have been stopping outsiders from entering Sesan district’s Srekor and Kbal Romea villages as 200 people – mostly ethnic minorities from all over Cambodia – continued to gather in defiance of the blockade for a series of events, including ...

Phak Seangly and Martin de Bourmont
http://www.phnompenhpost.com/national/un-officials-blocked-visiting-villages-near-dam

Riel strategy takes shape

Cambodia’s first draft national strategy on promoting the riel is to be finalised next month and has been sent to the economic and financial policy committee of the Ministry of Economy and Finance for review and endorsement by end of the year. ...

Sok Chan
http://www.khmertimeskh.com/5074917/riel-strategy-takes-shape/

Project aims to send children in orphanages home

Though they live in orphanages, an estimated 13,000 children in facilities across Cambodia have at least one living parent. As part of a sea change in government policy in a country with a checkered history with orphanages, officials in Battambang province on Tuesday kicked off ...

Janelle Retka and Chhorn Phearun
https://www.cambodiadaily.com/news/project-aims-to-send-children-in-orphanages-home-132890/

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