News
Central bank orders lenders to step up lending in riel
Cambodian microfinance institutions have said they would comply with a new regulation issued by the central bank that requires them to hold at least 10 percent of their loan portfolio in the Kingdom’s national currency. A prakas published by the National Bank of Cambodia on ...
Cambodia seals health pacts with China
Cambodia and China signed agreements on December 6 to build capacity in Cambodia’s health services, expand technology and fight the spread of diseases. After the official signing of four agreements, Health Minister Mam Bun Heng said the Chinese help would include preventing the spread of threats ...
Industrial rail project gathers steam with government push
Transport Minister Sun Chanthol has vowed to reinvigorate a long-dormant project to connect the Kingdom’s sole operating railway line to the capital’s biggest industrial park – a move that would boost rail traffic ahead of the completion of a rail link to northwestern Cambodia and ...
Farmers petition to improve conditions
The government has three months to act on issues raised in a petition submitted on December 5 to the National Assembly and the Ministry of Agriculture, Forestry and Fisheries or risk a mass protest being staged. A group of 300 people, representing 2,260 families from Svay Rieng, ...
Coca-Cola opens new $100M plant at capital economic zone
Global beverage giant Coca-Cola officially inaugurated its new $100 million Cambodian production facility on December 5, significantly increasing its local bottling capacity while bolstering the confidence of foreign investors. The 25,000-square-metre factory, situated on 12.5 hectares in the Phnom Penh Special Economic Zone on the ...
Customs urged to move online
Customs authorities should work quickly to adopt an envisioned online registration system for cross-border cargo shipments that would expedite delivery and cut out pesky middlemen who tack on unofficial fees, Transport Minister Sun Chanthol said on December 5. “Online registration is important because right now ...
CPP passes 2017 budget
The 2017 national budget, with more than $5 billion in expenditures, was passed by the Senate on December 5 without any changes despite opposition from the CNRP. Expenditures in the 2017 budget are up 15.6 percent compared with 2016 and include more than $1 billion in foreign ...
Experts wary of fish to fight dengue
The National Dengue Control Program, a department under the Health Ministry, remains skeptical in the implementation of a new dengue-prevention method, citing concerns about the program’s long-term sustainability.Despite a Malaria Consortium pilot project – which uses guppy fish to eat mosquito larvae to stem the ...
Women unite against entertainment industry abuse
Women from the entertainment industry have stood up to protest abuses and violence they suffer at work. A 16-day campaign by their union was launched on December 4, but officials say only five percent of women in the service industry are brave enough to speak ...
Ministry checking brick factories
The Ministry of Labor has established a working group to investigate the use of child labor at some brick-making factories to the north of the capital, but has yet to find a case about debt bondage and child labor as mentioned in a recent report ...
