News

PM Defends Interest Rates

Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...

http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html

Government's New Jet Takes To the Skies

The government’s brand-new Airbus A320 jet took off on official state business for the first time yesterday, when it departed from Phnom Penh International Airport en route to Beijing with King Norodom Sihamoni and Queen Mother Norodom Monineath. “It is the government’s plane and is for ...

http://www.cambodiadaily.com

Hun Sen Says 2013 Budget Will Balance Despite Spending

Prime Minister Hun Sen yesterday said that Cambodia’s budget for next year was balanced, claiming that a planned increase in public spending will be made up for by a rise in government revenue. Despite concerns from the opposition that foreign borrowing should be reduced, the National ...

http://www.cambodiadaily.com

National Assembly Lawmakers Reject SRP Budget Suggestions

Lawmakers at the National Assembly yesterday debated the government’s plan for public spending next year, with the opposition challenging the government’s plans to rack up more foreign debt. Since the draft of the 2013 budget was released last month, the opposition has come forward with detailed ...

http://www.cambodiadaily.com

Sam Rainsy deleted from Voter Registration

The National Election Committee (NEC) has removed opposition leader Sam Rainsy from the voter list for next year’s national election on the grounds that he is a convicted criminal, an NEC official said yesterday. The decision means that even if Mr. Rainsy is granted a royal ...

http://www.cambodiadaily.com/news/sam-rainsy-deleted-from-voter-list-for-election-5229/

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