News
Floating villages to be relocated
Kampong Chhnang provincial authorities have outlined plans to relocate thousands of families living on the Tonle Sap river in an effort to curb water pollution. Provincial governor Chhour Chan Dern said five floating villages in three different locations along a stretch of the river in his ...
MFIs seek regulator’s support
The apex body for the nation’s microfinance industry announced yesterday that the central bank had tentatively agreed to a number of measures it had requested to ease the burden on microfinance lenders following last week’s unilateral decision to cap annual interest rates at 18 percent ...
More kids in care than thought: study
Almost one in every 100 children in Cambodia is living in a residential care institution, a number far higher than previous estimates, according to a new report in the British Medical Journal. Around 70 percent of the children in Cambodia’s orphanages are estimated to have ...
Derivatives licensing capped by regulator
Cambodia’s capital market regulator announced on March 22 that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand. The Securities Exchange Commission of Cambodia said in an ...
Aviation training center inaugurated
Cambodia’s first Civil Aviation Training Center, with funding from South Korea, was officially inaugurated on March 22 and already plans to receive 274 trainees for its 14 training courses. Speaking at the inauguration ceremony, Mao Havannall, a secretary of state at the State Secretariat of Civil ...
June deadline to end Tricyclazole use
The European Commission has said Cambodia’s milled rice industry must eradicate the use of the fungicide Tricyclazole by June. The strict new Maximum Result Limit will mean rice must not contain more than 0.01 milligram of the chemical per kilogram of the grain. The limit was adopted ...
New wage law flawed: study
Observers and advocates on March 22 flagged several violations of international human and workers’ rights in the Kingdom’s draft minimum wage law, calling for the removal of clauses that would impinge on workers’ right to assembly and freedom of expression. The draft law looks to widen ...
Cambodia improves human development index
Cambodia’s improvements on human development are the biggest in the region, but standards of living still lag behind neighboring nations, United Nations Development Program figures have shown. The UNDP’s Human Development Index in 2015, which was published on March 21, showed Cambodians’ health, education and ...
Vietnamese migrants facing deportation
Immigration police on March 21 arrested 15 Vietnamese who had crossed the border illegally as part of an operation to check on foreigners living and working in Cambodia. Major General Ouk Heisela, the director of inspection at the Interior Ministry’s general department of immigration, said his ...
Families call for return of land
A group of 20 people representing 554 families locked in a 10-year land dispute yesterday submitted a petition asking the government to end the lengthy conflict. The families, from Samroang town in Oddar Meanchey province, want help from officials at the Ministry of Agriculture, Forestry ...
