News

Few takers for emergency rice loans

With the Kingdom’s main rice harvesting season wrapping up, just a fraction of a government emergency loan package that aimed at giving millers the liquidity they needed to purchase rice paddy duringthe harvest cycle has been disbursed, leaving the government and private sector divided on ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/few-takers-emergency-rice-loans

Thais seek business opportunities

More than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities.   ...

Sum Manet
http://www.khmertimeskh.com/news/35554/thais-seek-business-opportunities/

Gray-market cars continue to deter potential investment

Germany’s car manufacturers are on edge as the U.K., their No. 1 importer, prepares to leave the E.U. And although expanding into Cambodia’s market is unlikely to ease their anxiety, German investors who gathered in Phnom Penh on Thursday said whatever potential might exist here ...

Hang Sokunthea
https://www.cambodiadaily.com/business/gray-market-cars-continue-to-deter-potential-investment-125321/

Listed industrial park struggles to sell plots

Phnom Penh SEZ posted a 42.5 percent decline in consolidated revenue for 2016, which led to a sharp 65 percent decrease in net profit, according to its annual report released on the Cambodia Securities Exchange (CSX) yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/listed-industrial-park-struggles-sell-plots

Slowdown in port container traffic

The Kingdom’s two main ports reported markedly slower growth in container traffic last year due to a fall in import traffic, although exports of garments and agricultural products continued to rise, according to newly released port data. ...

Hor Kimsay
http://www.phnompenhpost.com/business/slowdown-port-container-traffic

US congressman urges CPP to drop party-busting bill

A U.S. congressman on Wednesday called on the CPP to abandon an imminent vote on legislation that would give the Cambodian government sweeping new powers to abolish its political rivals, the same day the U.S. ambassador met with CNRP acting President Kem Sokha to discuss ...

Ben Sokhean and Zsombor Peter
https://www.cambodiadaily.com/news/us-congressman-urges-cpp-to-drop-party-busting-bill-125317/

Phone regulator issues ultimatum

The Telecommunication Regulator of Cambodia (TRC) issued a second directive on Wednesday to all mobile phone operators in the country instructing them to stop placing misleading advertisements in the media that could cause public confusion. ...

Sum Manet
http://www.khmertimeskh.com/news/35556/phone-regulator-issues-ultimatum/

One-window service expands

The Interior Ministry says it will create six more one-window service offices in five provinces to speed up delivery of public services and eliminate unofficial fees. ...

Pav Suy
http://www.khmertimeskh.com/news/35566/one-window-service-expands/

PM creates complaints office

Prime Minister Hun Sen yesterday announced the creation of a sub-national administrative office to collect complaints from concerned citizens and forward them to the appropriate institutions. ...

Taing Vida
http://www.khmertimeskh.com/news/35574/pm-creates-complaints-office/

A year after letter to Hun Sen, U.S. Senator says little sign of progress in Cambodia

The senators say they wrote as friends of Cambodia, who wish to see a strong relationship between the two countries but who are troubled by the increased social and political turmoil in Cambodia. ...

Reasey Poch
http://www.voacambodia.com/a/a-year-after-letter-to-hun-sen-us-senator-says-little-sign-of-progress-in-cambodia/3727451.html

Governments target trafficking

Cambodia, Vietnam and Laos are joining forces to boost their fight against human trafficking in the region, the kingdom’s National Police chief said yesterday. ...

Pech Sotheary
http://www.khmertimeskh.com/news/35519/governments-target-trafficking/

Donors silent as CPP plots party-busting legislation

The National Assembly will vote on Monday on landmark legislation giving the government unprecedented new powers to suspend and dissolve its political rivals, and with barely a note of concern from the democracies helping bankroll the country. ...

Ben Sokhean and Zsombor Peter
https://www.cambodiadaily.com/news/donors-silent-as-cpp-plots-party-busting-legislation-125228/

Hun Sen issues a clarion call

As Cambodia prepares to host the World Economic Forum on Asean in May, Prime Minister Hun Sen yesterday made a global call for more investment flows into the region that he said was safe and secure for investors, and fast becoming a manufacturing powerhouse in ...

May Kunmakara
http://www.khmertimeskh.com/news/35505/hun-sen-issues-a-clarion-call/

Ministry working on labor laws

The draft law on the minimum wage for garment and footwear industry workers will be completed and approved this year, according to Labor Minister Ith Samheng. ...

Mom Kunthear
http://www.khmertimeskh.com/news/35520/ministry-working-on-labor-laws/

Government floats new pay scheme

Minister of Labour Ith Sam Heng yesterday fingered large end-of-contract severance payments as a prime reason owners flee when their factories go bankrupt, suggesting the introduction of a yearly bonus scheme and fortnightly salaries would “reduce the risk” of garment workers being left in the ...

Sen David and Erin Handley
http://www.phnompenhpost.com/national/government-floats-new-pay-scheme

Investors need stable, quality electricity

Stable and quality electricity is needed to attract additional high-value-added manufacturing to Cambodia, but the quality of electricity in the kingdom remains a challenge for investors as the manufacturing sector continues to diversify. ...

Sok Chan
http://www.khmertimeskh.com/news/35501/investors-need-stable--quality-electricity/

Party law date vote set

The National Assembly’s Permanent Committee will next week conduct an urgent plenary session to review and adopt the draft amendments to the law on political parties, despite strong requests for a delay from the opposition. ...

Taing Vida
http://www.khmertimeskh.com/news/35522/party-law-date-vote-set/

Mother Nature sentence upheld as activists mull return

The Court of Appeal on Wednesday upheld a $25,000 fine for three environmental activists who fled the country after being convicted of threatening to destroy a sand dredging barge in Koh Kong province in 2015. They are now debating returning home, however, after the court ...

Khuon Narim
https://www.cambodiadaily.com/news/mother-nature-sentence-upheld-as-activists-mull-return-125236/

Industry leaders voice concern over sky-high cost of electricity

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity

Russian FSB director meets PM

Nikolai Patrushev, director of the Russian Federal Security Service (FSB) and a top adviser to Russian President Vladimir Putin, met with Prime Minister Hun Sen yesterday to discuss ways the two countries can combat terrorism and transnational crime, the prime minister announced via Facebook. ...

Cristina Maza
http://www.phnompenhpost.com/national/russian-fsb-director-meets-pm

Government plugs rubber switch

The government is seeking intrepid smallholder farmers to pilot a project that would transform 6,000 hectares of cropland in two provinces into a patchwork of small rubber plantations.The Ministry of Agriculture is eyeing 5,000 hectares of land in Ratanakkiri and 1,000 hectares in Battambang for ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/government-plugs-rubber-switch

Villagers seek NGOs’, UN’s help in dispute

More than 400 families in Preah Vihear province submitted a petition to a group of NGOs and the UN yesterday, seeking assistance in their battle with the government over 3,555 hectares of protected land that sits within the Kulen Prom-Tep Wildlife Sanctuary. According to Sokha, ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-seek-ngos-uns-help-dispute

Adding wells a shallow plan, research suggests

In its annual report on disaster preparedness, the National Committee for Disaster Management yesterday affirmed that last year’s drought was the worst in 50 years and recommended the construction of new wells to alleviate future dry spells – despite serious risks identified by recent research. ...

Martin de Bourmont and Sen David
http://www.phnompenhpost.com/national/adding-wells-shallow-plan-research-suggests

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