News
HKL gets $15 million to grow MFI operations
Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yesterday. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/hkl-gets-15-million-grow-mfi-operations
Drought ‘unlikely’ in ’17
This year’s early rains and a swift response to drought-like conditions in two provinces will spare Cambodia the searing droughts that plagued it in 2015 and 2016, the National Committee for Disaster Management (NCDM) said yesterday, though one development partner cautioned that lasting drought preparedness ...
Martin de Bourmont and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/drought-unlikely-17
Parties’ funding plans differ
The two main political parties contesting the upcoming commune elections revealed disparate campaign budget plans yesterday, with the opposition pledging to spend over $1 million and a spokesman for the ruling CPP saying his party will not be creating a central campaigning budget at all. ...
Meas Sokchea
http://www.phnompenhpost.com/national/parties-funding-plans-differ
Chinese equipment maker eyes Cambodia
Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. ...
May Kunmakara
http://www.khmertimeskh.com/news/37672/chinese-equipment-maker-eyes-cambodia/
Health Ministry issues hot weather warning
The Health Ministry has warned all Cambodians to drink lots of water and keep cool, as hot season temperatures near 40 0C. The ministry’s Communicable Disease Control department also advised the public to avoid alcohol and drink only boiled or filtered water to prevent food poisoning ...
Mom Kunthear
http://www.khmertimeskh.com/news/37694/health-ministry-issues-hot-weather-warning/
Vietnamese workers face deportation
The Immigration Department has detained 27 Vietnamese migrants suspected of being in Cambodia illegally. The undocumented workers, 20 men and seven women, were arrested on Friday in Phnom Penh’s Toul Kork district. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/37686/vietnamese-workers-face-deportation/
Police deny uniform whispers
Phnom Penh Municipal Police have denied failing to distribute uniforms to thousands of staff, threatening legal action against officers who leaked “fake news” of the claims to the media. ...
Pech Sotheary
http://www.khmertimeskh.com/news/37691/police-deny-uniform-whispers/
Nuclear aid from Moscow takes shape
Russia has announced a wide range of measures to help establish an information center in Phnom Penh as part of Cambodia’s development of nuclear energy. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/37692/nuclear-aid-from-moscow-takes-shape/
Hundreds caught at illegal border crossings
Banteay Meanchey provincial police intercepted hundreds of Cambodian laborers as they tried to cross illegally to Thailand over the weekend. ...
Khuon Narim
http://www.khmertimeskh.com/news/37684/hundreds-caught-at-illegal-border-crossings/
Tax collection soars
Tax collections rose to $768 million in the first quarter of this year, a 92 percent rise on the same period last year. General department of taxation director-general Kong Vibol told a meeting chaired by Finance Minister Aun Pornmoniroth yesterday that the collection figure was a ...
Sum Manet
http://www.khmertimeskh.com/news/37671/tax-collection-soars/
Cambodia taps Japanese blockchain tech for payment system
The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money. ...
Vietnamese PM to visit Cambodia next week
Vietnamese Prime Minister Nguyen Xuan Phuc will pay an official visit to Cambodia from April 24 to 26, said a Cambodian foreign ministry statement on Thursday. ...
Xu Xin
http://news.xinhuanet.com/english/2017-04/20/c_136224166.htm
India pumps in aid for cleaner water
The Indian government has honored its pledge to ensure rural people across four Cambodian provinces get desperately needed access to clean water. Yesterday marked the long-awaited arrival of 1,500 hand pumps which will be distributed to Tbong Khmum (1,250), Kampong Chhnang and Banteay Meanchey (100 ...
Ven Rathavong
http://www.khmertimeskh.com/news/37650/india-pumps-in-aid-for-cleaner-water/
Police nab timber warehouse boss
The manager of an illegal timber warehouse owned by Lieutenant General Chheng Long was arrested in Kampong Speu on Wednesday, although Long and his son-in-law remain at large. ...
Phak Seangly
http://www.phnompenhpost.com/national/police-nab-timber-warehouse-boss
Cambodian opposition expected to play on anti-vietnamese sentiment ahead of elections
Cambodia’s long-standing fear of Vietnam can sometimes appear to be borderline irrational and allegations of land grabbing, war-mongering, even contaminated food exports — alongside abusive insults — are often leveled at the eastern neighbors. That will only intensify as the commune elections get closer this ...
Sihanoukville port announces bookbuild and IPO date
The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-announces-bookbuild-and-ipo-date
Over 35,000 kids still in care
A staggering 35,000 Cambodian children and young people continue to be housed in a range of residential care facilities, with many of them flying under the government’s radar, according to a new report released by the Ministry of Social Affairs yesterday. ...
Touch Sokha and Erin Handley
http://www.phnompenhpost.com/national/over-35000-kids-still-care
Tax Department collects $760M in first quarter
The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). ...
The Phnom Penh Post staff
http://www.phnompenhpost.com/business/tax-department-collects-760m-first-quarter
Ministry pledges rice support
After Cambodian rice exports declined dramatically in March, caused by what millers claimed was a stricter enforcement of sanitary and phytosanitary (SPS) measures by the Chinese government, the Ministry of Agriculture announced yesterday that it would lobby on the sector’s behalf to allow more millers ...
Hor Kimsay
http://www.phnompenhpost.com/business/ministry-pledges-rice-support
Tbong Khmum Election Committee probes possible CPP violation
The election committee of Tbong Khmum province is investigating a complaint that the ruling CPP violated electioneering rules by posting party signs on homes before the official campaign period kicks off for the June 4 commune elections. ...
Ben Sokhean
https://www.cambodiadaily.com/news/tbong-khmum-election-committee-probes-possible-cpp-violation-128218/
Vietnam stops nine overloaded trucks with illegal lumber
Authorities in Vietnam’s Gia Lai province have recently stopped at least nine overloaded timber trucks crossing into the country from the Kingdom, despite the Cambodian government ostensibly banning wood exports to its eastern neighbour, according to a Vietnamese news report. ...
Shaun Turton and Mech Dara
http://www.phnompenhpost.com/national/vietnam-stops-nine-overloaded-trucks-illegal-lumber
WEF ranking upgrade boosts tourism
Cambodia has improved its ranking in the World Economic Forum’s (WEF) Travel and Tourism Competitiveness Index. The nation was ranked 101 of 136 countries in the 2017 report, thanks to performance improvements that drove an overall score increase from 3.2 points in 2015 to 3.3 ...
Chea Vannak
http://www.khmertimeskh.com/news/37636/wef-ranking-upgrade-boosts-tourism/
Unsafe fuel stations must close, says government
Mines and Energy minister Suy Sem has contacted city and provincial governors and ordered them to immediately close down any operation which does not have safety certificates. ...
Pech Sotheary
http://www.khmertimeskh.com/news/37651/unsafe-fuel-stations-must-close--says-government/
Companies told to reopen road
Land Minister Chea Sophara has told two firms to reopen a public road they fenced off without permission. The order came after 127 families affected by the closure complained about Phanimex and Heng Ly companies in August last year. ...
Khuon Narim
http://www.khmertimeskh.com/news/37652/companies-told-to-reopen-road/