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$1B needed to finish unfinished projects in Sihanoukville

At least $1 billion is required to invest in completing the unfinished buildings in the coastal city Sihanoukville, said a senior official At the Preah Sihanouk Provincial AdministrAtion. ...

Kang Sothear
https://www.khmertimeskh.com/501366193/1b-needed-to-finish-unfinished-projects-in-sihanoukville/

Cambodia attracts over 740,000 international tourists in first 7 months

Cambodia received over 740,000 international visitors in the first seven months of this year, a 560 percent growth compared with 2021. The country aims to attract at least 1 million international tourists in the whole year, driven by the resumption of socioeconomic activities at major ...

Khmer Times Staff
https://www.khmertimeskh.com/501136637/cambodia-attracts-over-740000-international-tourists-in-first-7-months/

KohPich-KohNorea Bridge to be reopened for temporary use from today

The KohPich-KohNorea Bridge will be reopened for temporary use from today, at 6:00 am, to reduce traffic congestion at the construction site of Preah Monivong flyover. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379461/kohpich-kohnorea-bridge-to-be-reopened-for-temporary-use-from-today/

Moody's says debt is stable, open to risk

Ratings agency Moody’s kept the outlook on Cambodia’s government debt at stable, though the firm said that the risk of default was still high and had raised concerns over the country’s ability to manage its finances. In a report released on Sunday, Moody’s said that Cambodia’s ...

Governor Drew Gun, Not Blood, Prosecutor Says

The court prosecutor investigating last month’s shooting of three female factory workers at a special economic zone (SEZ) denied a newspaper report claiming the chief suspect, former Bavet City Governor Chhouk Bundith, had confessed to shooting the women. Svay Rieng Provincial Court prosecutor Hing Bunchea said ...

K Thom Authorities Prevent NGO Workshop

Authorities in Kompong Thom province yesterday forced a pagoda to withdraw its invitation to host a workshop about forest protection, continuing their pressure on two NGOs that provide community legal education in the province, a monk and NGO worker said. Chin Neth, chief monk at ...

Officials ask for more info ahead of drilling

Environment Minister Mok Mareth yesterday asked China National Offshore Oil Corporation (CNOOC) to provide more details on the environmental impact of its project, though he said that exploration for oil and gas would likely begin later this month. at a meeting at the Ministry of Environment, ...

Shootings May Impact Security Council Bid, Minister Says

Monday’s shooting of protesting factory workers by security guards at a Svay Rieng special economic zone could damage Cambodia’s international reputation and potentially impact the country’s bid for a non-permanent seat on the UN Security Council, Interior Minister Sar Kheng said yesterday Speaking at the opening ...

http://www.camnet.com.kh/cambodia.daily/

Shootings May Impact Security Council Bid, Minister Says

Monday’s shooting of protesting factory workers by security guards at a Svay Rieng special economic zone could damage Cambodia’s international reputation and potentially impact the country’s bid for a non-permanent seat on the UN Security Council, Interior Minister Sar Kheng said yesterday. Speaking at the opening ...

Financial Institute of Cambodia prepares people for a career in the stock exchange

The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...

http://www.phnompenhpost.com/index.php/Special-Reports/financial-institute-of-cambodia-prepares-people-for-a-career-in-the-stock-exchange.html

Government Announces Anti-Graft Price Lists

Eight months after the anti-graft provisions of the Anti-Corruption Law came into effect, the Anti-Corruption Unit (ACU) announced yesterday that it would start a widespread campaign to introduce standardized fees for government services in every commune office—though it will likely be months before any visible steps are taken. More than 2,000 ...

Malaysia workers reject wage deal

Cambodian garment workers at a factory in Malaysia that supplies major international brands were on strike for a third day in a row yesterday, refusing an agreement on accommodation and demanding higher salaries. Representatives of the workers at the Honsin Apparel Sdn Bhd factory in Jahor ...

http://www.phnompenhpost.com/index.php/2012080957903/National-news/malaysia-workers-reject-wage-deal.html

Concessions Not for Logging, Hun Sen Says

Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...

'Cambodia best ASEAN market for Indian SMEs'

Cambodia has recorded a growth rate of 10 percent since the last 10 years, and the time is right for the Indian small and medium enterprises (SMEs) to look at Cambodia as its key partner for accessing the ASEAN marke [sic], Ambassador of India in ...

http://www.smetimes.in/smetimes/news/top-stories/2012/Dec/10/cambodia-best-asean-market-indian-smes76801.html

Organizations Highlight Plight of Child Laborers

One and a half million children still toil as laborers in Cambodia’s fisheries, brick factories, agricultural plantations and construction sites, government officials said yesterday at an event held at Phnom Penh’s Wat Botum ahead of World Day Against Child Labor on Tuesday. The government has set ...

Ta Prohm restoration workers go on strike

The entire work force of the Ta Prohm temple restoration project in Siem Reap – more than 100 people – gathered at the temple yesterday to demand the reinstatement of 30 of their number [sic] who were dismissed at the start of the month. The 145 ...

http://www.phnompenhpost.com/2013020661208/National/ta-prohm-restoration-workers-go-on-strike.html

Majority of Unions Reduce Wage Demands

Six of the 10 labor unions negotiating with the country’s garment manufacturers over a new minimum wage for factory workers dropped their demands yesterday to $73 per month, breaking previous commitments by unions to stand at $91. Ken Loo, secretary-general of the Garment Manufacturers Association ...

http://www.cambodiadaily.com

Chevrolet autos aim to tap into demand for new cars in Cambodia

Chevrolet, one of America’s iconic brand autos, officially launched its first dealership here on Monday, aiming at tapping into the country’s growing market for new vehicles. Martin Apfel, president of the US’ General Motors to Southeast Asia Operations, said at the launching ceremony at the cars’ ...

http://www.globaltimes.cn/content/779626.shtml#.UYheUaKj2xA

Seven Feared Trapped in Gold Mine Collapse

A gold mine shaft has collapsed in Preah Vihear province, trapping at least seven miners, officials said Monday. The collapse took place in a shaft that is typically mined by up to 60 people at a time, he [Rovieng Police Chief Sin Thorn]. Sin Thorn said ...

http://www.voacambodia.com/content/seven-feared-trapped-in-gold-mine-collapse/1664837.html

Investment law change-up

Following the announcement of recent reforms to Cambodia’s customs department and Commerce Ministry, a revision of the country’s investment law is planned for next year, according to the secretary-general of the Council for the Development of Cambodia (CDC). Speaking to reporters at a workshop at the ...

Hor Kimsay
http://www.phnompenhpost.com/business/investment-law-change

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