News

CNRP asks Germany for help in mediation

The CNRP said on Wednesday that Germany’s visiting minister for economic cooperation and development agreed to relay a message to the E.U. seeking help in mediating a resolution to current political tensions in Cambodia between the opposition and ruling CPP.   ...

Sek Odom
https://www.cambodiadaily.com/news/cnrp-asks-germany-for-help-in-mediation-114178/

Swiss grant empowers women entrepreneurs

Cambodia Women Entrepreneurs Association (CWEA) received $50,000 from the Swiss Agency for Development and Cooperation (SDC) to help develop the business and financial management skills of women entrepreneurs through training and workshops. ...

Sok Chan
http://www.khmertimeskh.com/news/26163/swiss-grant-empowers-women-entrepreneurs/

Cost of state healthcare announced

According to a Labor Ministry prakas, or official statement, both employers and employees will be responsible for paying 1.3 percent of an employees’ monthly salary to the government for state-supplied health insurance guaranteed to all workers under the Labor Law. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26176/cost-of-state-healthcare-announced/

Gov’t halts building of Koh Rong island port

A Sihanoukville provincial coastal working group has ordered tycoon Kith Meng’s Royal Group to stop building a port on Koh Rong, saying the development was illegal. ...

Mech Dara
http://www.phnompenhpost.com/national/govt-halts-building-koh-rong-island-port

Government wage hikes depend on cost cutting

Slashing unnecessary spending by ministries will allow the government to guarantee a monthly minimum wage of $250 for civil servants in time for the 2018 national election, a secretary of state at the Finance Ministry said on Tuesday.   ...

Kang Sothear
http://www.cambodiadaily.com/news/government-wage-hikes-depend-on-cost-cutting-114142/

Government sets dates for auction of final lots of seized timber

The government has set the dates to auction off the last of the 71,000 cubic meters of illegally logged timber seized by authorities this year, carrying on a practice riddled with signs of corruption in the past.   ...

Aun Pheap
https://www.cambodiadaily.com/news/government-sets-dates-for-auction-of-final-lots-of-seized-timber-114135/

UXO found in three different provinces

Dozens of pieces of unexploded ordnance and hundreds of AK-47 bullets have been found on farmland in three provinces in recent days and handed over for disposal, according to local authorities yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/uxo-found-three-different-provinces

Villagers ask minister for help

Dozens of residents from Kratie’s Chhlong district gathered in front of the Ministry of Land Management yesterday to submit a petition calling for Minister Chea Sophara to intervene in a land dispute. ...

Ven Rathavong
http://www.khmertimeskh.com/news/26119/villagers-ask-minister-for-help/

New tax payment center

The Ministry of Economy and Finance in partnership with Cambodian Public Bank Plc. signed a memorandum of understanding (MoU) yesterday, establishing the bank as the Ministry’s prime tax collecting institution nationwide. ...

Sok Chan
http://www.khmertimeskh.com/news/26108/new-tax-payment-center/

JOGMEC to explore for gold in Ratanakkiri

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/jogmec-explore-gold-ratanakkiri

Economic zone gets CSX boost

Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...

Sum Manet
http://www.khmertimeskh.com/news/26106/economic-zone-gets-csx-boost/

New milestone for Cambodia and Vietnam bilateral trade

The two-day official state visit to the Kingdom, that started yesterday, by Vietnam’s new President Tran Dai Quang marks a new milestone for bilateral trade and investment between the two close neighbors that would also have a multiplier effect of attracting overseas capital into the ...

May kunmakara
http://www.khmertimeskh.com/news/26107/new-milestone-for-cambodia--and-vietnam-bilateral-trade/

Police claim to have found CNRP petition irregularities

Authorities say they have discovered irregularities among the 170,000 thumbprints the CNRP gathered in support of a petition seeking King Norodom Sihamoni’s intervention in the current political crisis, deputy National Police chief Kang Sokhorn said on Tuesday.   ...

Ben Sokhean
https://www.cambodiadaily.com/news/police-claim-to-have-found-cnrp-petition-irregularities-114124/

Int’l Union report ranks Kingdom in bottom ten

Cambodia made the list of the 10 worst countries in terms of labour rights, according to a report released last week by the International Trade Union Confederation.   ...

Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/intl-union-report-ranks-kingdom-bottom-ten

Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/giant-coal-plant-taking-shape-sihanoukville

Central bank allays dollar concerns

The National Bank of Cambodia responded to rumours yesterday that local banks were no longer accepting US dollar banknotes with minor imperfections, such as small tears, creases or ink stamps, stating that the central bank had not changed its policies. ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-bank-allays-dollar-concerns

Japan helps with Kampot’s water supply

A groundbreaking ceremony for a Kampot water treatment plant was held yesterday in the presence of Japan’s Ambassador to Cambodia Yuji Kumamaru as well as Cham Prasidh, the Minister of Industry and Handicrafts. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/26116/japan-helps-with-kampot---s-water-supply/

KB Financial Group unveils Global Digital Banking service in Cambodia

The KB Global Digital Bank is a rechargeable wallet-based mobile banking service which combines both financial services, such as account, wire transfer, overseas remittance and P2P payment, and non-financial services like messaging. ...

Jung Suk-yee
http://www.businesskorea.co.kr/english/news/money/14961-fintech-roadshow-kb-financial-group-unveils-global-digital-banking-service-cambodia

Chinese, Taiwanese arrested in internet-phone fraud case

Twenty-seven Chinese and Taiwanese nationals were arrested during a raid on a villa in Phnom Penh’s Chamkar Mon district on Monday on suspicion of operating an internet-phone scam, officials said.   ...

Sek Odom
https://www.cambodiadaily.com/news/chinese-taiwanese-arrested-in-internet-phone-fraud-case-114080/

PM challenges EU to follow through on threat to cut aid

Prime Minister Hun Sen on Monday blithely brushed aside a recent threat from the European Parliament to cut hundreds of millions of dollars in aid to Cambodia over human rights abuses, challenging the body to follow through. ...

Kuch Naren
https://www.cambodiadaily.com/news/pm-challenges-eu-to-follow-through-on-threat-to-cut-aid-114068/

NGOs die first if aid cut: PM

Prime Minister Hun Sen yesterday slammed recent calls for sanctions against Cambodia over what supporters of the measures call a government-level disrespect of democracy, claiming the first to be hurt by sanctions would be NGOs. ...

Ven Rathavong
http://www.khmertimeskh.com/news/26080/ngos-die-first-if-aid-cut--pm/

Wing, GmoneyTrans ink partnership deal

A South Korean phone-based money transfer company has partnered with Wing Specialized Bank to tap into remittance services for Cambodians living and working abroad. ...

Hor Kimsay
http://www.phnompenhpost.com/business/wing-gmoneytrans-ink-partnership-deal

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