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Rein in credit, warns IMF

In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...

May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/

Silk weavers find it tough

Today, mulberry trees are a rarity in Cambodia – most of them having been destroyed during the Khmer Rouge era – and silk weavers in Phnom Penh’s main silk producing area in Koh Dach, an island on the Mekong river, have no choice but to ...

Chea Vannak
http://www.khmertimeskh.com/news/36568/silk-weavers-find-it-tough/

Four large companies bag mining licences

The Ministry of Mines and Energy has issued licences to four mining companies to extract minerals and precious metals in four provinces, according to a statement issued by the ministry. The four companies – Renaissance Minerals (Cambodia) Ltd., Kiri Resources Co. Ltd., Samnang Angkor Development Co. ...

Sum Manet
http://www.khmertimeskh.com/news/39684/four-large-companies-bag-mining-licences/

Spike in seizures of overloaded trucks

The Transport Ministry seized 642 overloaded trucks throughout the country and leveraged fines worth more than $250,000 last month. The ministry issued a report on Wednesday, saying it had seized 642 overloaded trucks nationwide and issued fines totaling $267,627 during the month. ...

Pav Suy
http://www.khmertimeskh.com/5084898/spike-seizures-overloaded-trucks/

Hun Sen’s ‘vision’ would see him bypass National Assembly, shrink cabinet

During a cabinet meeting on Friday, Prime Minister Hun Sen announced a “vision” to shrink the country’s cabinet by excluding secretaries and undersecretaries of state from the body, and to be given the right to bypass the National Assembly by appointing them directly, according to ...

Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national-politics/hun-sens-vision-would-see-him-bypass-national-assembly-shrink-cabinet

Japan funds wastewater treatment plant in capital

The kingdom’s first wastewater treatment plant will be built in Phnom Penh’s Dangkor district, with $27 million in assistance from the Japan International Cooperation Agency. Sam Piseth, director of the municipal department of public works and transport, told reporters on Saturday that the treatment plant would ...

Mom Kunthear
http://www.khmertimeskh.com/50108258/japan-funds-wastewater-treatment-plant-capital/

Navy to hold exercises with US sailors off coast

Cambodian Navy personnel are preparing to hold joint exercises with counterparts from the United States next month, an official said yesterday. Mey Dina, deputy commander and chief of staff of the Royal Cambodian Armed Force’s Navy, said about 200 officers from both countries would begin the ...

Vong Sokheng
http://www.phnompenhpost.com/national/navy-hold-exercises-us-sailors-coast

Smart posts Q1 growth despite stiff competition

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition

CPP wins Doung recount

After a full recount, the NEC said the results now stood at 2,611 votes to the CPP and 2,609 to the CNRP, handing the commune that was initially won by the opposition to the ruling party. The body said it deliberated on 141 invalid ballots, ...

Chhay Channyda
http://www.phnompenhpost.com/national/cpp-wins-doung-recount

Japan donates $8m to CMAC

The government of Japan yesterday donated about $8 million to the Cambodian Mine Action Centre, to support its demining operations and victim assistance. Heng Ratana, CMAC general director, met with members of a technical team from the Japan International Cooperation System to review progress on the ...

Khuon Narim
http://www.khmertimeskh.com/50104212/japan-donates-8m-to-cmac/

Sean Pengse, former minister and fierce critic of Cambodia’s border disputes with Vietnam, dies at 82

Sean Pengse, a former government minister under the Lon Nol regime and an outspoken critic on Cambodia’s border issues with Vietnam, has died in France at 82. Pengse passed away after a long illness in the early hours of Tuesday morning, according to a statement issued ...

Ben Sokhean
http://www.phnompenhpost.com/national/sean-pengse-former-minister-and-fierce-critic-cambodias-border-disputes-vietnam-dies-82

Workers to be informed of their labour rights

The Labour Ministry will send more than 200 trainers to factories and relevant institutes to educate workers about labour rights. Speaking to reporters on Wednesday, Soeung Sarsochetta, secretary of state at the Labour Ministry, said 250 trainers from the Labour Ministry would go to factories, businesses ...

Mom Kunthear
http://www.khmertimeskh.com/50114377/workers-to-be-informed-of-their-labour-rights/

Economy to grow by 7 percent in 2018: IMF

According to the latest forecast from the International Monetary Fund (IMF), Cambodia economy will grow by 7 percent this year on the back of higher public spending and steady growth in construction and tourism. The IMF’s forecast is slightly higher than the figure released by the ...

May Kunmakara
http://www.khmertimeskh.com/50114978/economy-to-grow-by-7-percent-in-2018-imf/

Angkor Gold share restored

Canadian exploration company Angkor Gold announced on Tuesday that it agreed to buy back all shares sold to investors in 2014, through its net smelter rights (NSR) scheme in the Kingdom’s first commercial underground gold mine in Phum Syarung, in Rattanakiri’s O’Yadaw district – now ...

Sum Manet
http://www.khmertimeskh.com/news/32628/angkor-gold-share-restored/

Surrogacy law to be drafted

The government has appointed the Ministry of Women’s Affairs to draft a law to crack down on illegal activity surrounding the recently banned commercial surrogacy industry in Cambodia. Ministry spokeswoman Kheng Sam Vada confirmed the news, which was originally announced by government spokesperson and Minister of ...

Taing Vida
http://www.khmertimeskh.com/news/33120/surrogacy-law-to-be-drafted/

Inauguration ceremony of the facilities at international border check-point​ between Cambodia-Lao

On 10 January 2017, Prime Minister of the Kingdom of Cambodia, Hun Sen and His Excellency ThOngloun SISOULITH, Prime Minister of the Lao People’s Democratic Republic, have jointly presided over the inauguratiOn ceremOny of the facilities at internatiOnal border check-point between Cambodia (Trapeang Kriel – ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

AirAsia to open Cambodia office

AirAsia, the Malaysia-based low-cost airline, will soon have an office in Cambodia to boost the number of tourist arrivals to the kingdom. The airline’s office will open soon, said AirAsia CEO Anthony Fernandes, after holding a meeting with Prime Minister Hun Sen in Switzerland on the ...

Chea Vannak
http://www.khmertimeskh.com/news/34625/airasia-to-open-cambodia-office/

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Project aims to send children in orphanages home

Though they live in orphanages, an estimated 13,000 children in facilities across Cambodia have at least one living parent. As part of a sea change in government policy in a country with a checkered history with orphanages, officials in Battambang province on Tuesday kicked off ...

Janelle Retka and Chhorn Phearun
https://www.cambodiadaily.com/news/project-aims-to-send-children-in-orphanages-home-132890/

Seven men arrested over illegal Thai logging

Thai soldiers arrested seven Cambodians on Friday who crossed into Thailand from Pailin province while logging illegally.​ Chhun Chheuy, acting police chief of Pailin town, which borders with Chanthaburi province’s Pong Nam Ron district, said the group was made up of Cambodians from multiple provinces. ...

Pav Suy
http://www.khmertimeskh.com/5088195/seven-men-arrested-illegal-thai-logging/

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