News

More than 500 apply for June poll

The National Election Committee (NEC) has received more than 500 applications in the first month of registration for commune election observers, according to a statement released on Wednesday. ...

Lay Samean
http://www.phnompenhpost.com/national/more-500-apply-june-poll

Smart backs Tech Startup projects

Leading mobile phone operator Smart Axiata has formed a partnership with The Asia Foundation, an international development NGO, to foster innovation and creativity among Cambodian tech startups.   ...

Sum Manet
http://www.khmertimeskh.com/news/36569/smart-backs-tech-startup-projects/

At capital coffee shops, political conversations tainted by fear

Many of the news media’s favorite political analysts aren’t picking up their telephones. They say they are busy with work, traveling abroad or focusing on their studies. ...

Ben Sokhean and Ben Paviour
https://www.cambodiadaily.com/news/126704-126704/

Timber graft case snares officers

More than 10 police and military officers in Mondulkiri province have been summoned for questioning over a big corruption case involving illegal timber exports to Vietnam. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36585/timber-graft-case-snares-officers/

Kingdom mourns for Sok An

With the passing of Deputy Prime Minister Sok An on Wednesday, Prime Minister Hun Sen has lost one of his closest right hand men, someone who has been by his side for more than three decades since the fall of the Khmer Rouge in 1980. ...

Cheang Sokha
http://www.khmertimeskh.com/news/36584/kingdom-mourns-for-sok-an/

NEC says 12 parties contesting in elections

The National Election Committee yesterday announced the names of the 12 political parties that will be contesting the June commune elections. The NEC also released the names of the two organizations which applied to become observers of the electoral process. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36576/nec-says-12-parties-contesting-in-elections/

Greater riel use could boost foreign reserves

When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ...

Riel Gains
http://www.khmertimeskh.com/news/36512/greater-riel-use-could-boost-foreign-reserves/

Health Ministry admits shortcomings in report

The Ministry of Health acknowledged yesterday in its annual report that the quality of health care services in the Kingdom remains poor, with experts concluding that the slow improvement is due to a lack of government commitment.   ...

Kong Meta and Yesenia Amaro
http://www.phnompenhpost.com/national/health-ministry-admits-shortcomings-report

IFC to boost corporate governance

The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance

Cambodia, Vietnam build ties

Cambodia and Vietnam have vowed to build closer ties and improve border trade after three days of closed-door meetings. Chum Sounry, the spokesman for the Foreign Affairs Ministry, said officials from the two countries spent time discussing how to work together on agriculture, education, culture, energy, ...

Ros Chanveasna
http://www.khmertimeskh.com/news/36532/cambodia--vietnam-build-ties/

Thais ‘offer trains’ for new rail link

The Thai government has made a verbal commitment to supply four trains to Cambodia for a railway set to connect the neighbouring countries by early July, said Ly Borin, undersecretary of state at the Public Works and Transport Ministry and director of the Cambodia Railroad ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/thais-offer-trains-new-rail-link

Six hurt as storm damages homes

At least six people were injured and 150 properties damaged during a storm in Pursat, Preah Vihear and Rattanakiri provinces. Preah Vihear province’s deputy police chief Chorm Sam Ol said yesterday that based on preliminary reports, the storm started on Tuesday afternoon and destroyed 83 homes ...

Pech Sotheary
http://www.khmertimeskh.com/news/36529/six-hurt-as-storm-damages-homes/

Parliaments share auditing experience

The Cambodian, Laos, and Vietnam parliaments have shared a stage to discuss their expenditure experiences and improve transparency and auditing of public investment in areas such as infrastructure. ...

Sum Manet
http://www.khmertimeskh.com/news/36507/parliaments-share-auditing-experience/

Thais eye appliances market

Thailand expects exports of electrical and electronic components and devices to Cambodia to grow to about $50 million this year due to high demand.   ...

Chea Vannak
http://www.khmertimeskh.com/news/36510/thais-eye-appliances-market/

City sewage plan mooted

The Japan International Cooperation Agency (JICA) has finalised a sewage management master plan for Phnom Penh, which is in dire need of a wastewater treatment plant, officials said yesterday.   ...

Yesenia Amaro
http://www.phnompenhpost.com/national/city-sewage-plan-mooted

ANZ Royal home loan center

More Cambodians took out home loans last year than the year before, prompting banks like ANZ Royal to provide specialized services for the growing sector.   ...

May Kunmakara
http://www.khmertimeskh.com/news/36508/anz-royal-home-loan-center/

Residents protest at road plans

A group of 70 people from six communities in Phnom Penh have petitioned City Hall to clarify how the construction of rail side roads will affect them, amid fears they could lose their homes. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36528/residents-protest-at-road-plans/

Thailand rail link held up by compensation claims

Government officials are working to settle compensation claims for 50 families living alongside a kilometer of rail track in Poipet town, to allow a rail link between Cambodia and Thailand to open by the middle of the year. ...

Chea Vannak
http://www.khmertimeskh.com/news/36509/thailand-rail-link-held-up-by-compensation-claims/

Sok An passes away in Beijing

Deputy Prime Minister Sok An, one of the most senior officials in the ruling Cambodian People’s Party and who recently received a royal title from King Norodom Sihamoni, died last night. ...

Cheang Sokha
http://www.khmertimeskh.com/news/36533/sok-an-passes-away-in-beijing/

First submarine cable launched

Cambodia’s first submarine telecoms cable, costing $100 million, that will strengthen existing internet capacity and greatly increase connectivity speed at lower cost, was officially launched yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/36511/first-submarine-cable-launched/

Greater use of the riel will lower interest rates

A legal framework that ensures a “sound, strong and efficient” financial sector has ensured the swift expansion of banking services throughout the country, but borrowing rates remain high and a large segment of the population – primarily those in rural areas – face difficulties accessing ...

Riel Gains
http://www.khmertimeskh.com/news/36456/greater-use-of-the-riel-will-lower-interest-rates/

Palm oil price drop to hit local market

Palm oil production is expected to drop over the next few months but instability in the international market is likely to drive down local prices by the start of next year, a Cambodian palm oil producer has warned. The price of crude palm oil in ...

Chea Vannak
http://www.khmertimeskh.com/news/36454/palm-oil-price-drop-to-hit-local-market/

Thais increase migrant wages

The Thai Labor Ministry has increased the minimum wage for Cambodian migrant workers since the start of the year, however civil society officials say there are both pros and cons to the salary increase.A notice published yesterday and signed by Labor Minister Ith Samheng, who ...

Mom Kunthear
http://www.khmertimeskh.com/news/36474/thais-increase-migrant-wages/

Will move to cap microfinance interest rates backfire on CPP?

The ruling CPP doubled down on Tuesday on its decision to cap interest rates on microfinance loans as a way to help the poor get out of debt, even as analysts called it a political move that would have long-term negative effects on the rural ...

Hang Sokunthea and Matt Surrusco
https://www.cambodiadaily.com/news/will-move-to-cap-microfinance-interest-rates-backfire-on-cpp-126564/

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