Telecom Cambodia Revenues Drop by $1 Million in 2011
Telecom Cambodia, one of three state-owned enterprises with plans to list on Cambodia’s stock exchange, saw revenues decline by 3 percent to $31 million last year, an official at the company said yesterday. Lao Saroeun, director general of Telecom Cambodia, said that revenues at the company ...
Financial literacy in schools
Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...
Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/
Failure to enforce jobs quota law shortchanges Cambodia’s disabled
If there is to be an end to the cycle of poverty that afflicts many Cambodians with disabilities, then most experts agree that stable employment will be one of the prerequisites. ...
David Hutt
http://sea-globe.com/lack-enforcement-cambodia-disabled-law/
Lenders come out of the dark
More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold, officials said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/lenders-come-out-dark
Customs to Give Preference to Trusted Firms
The department of customs and excise will begin certifying companies it deems trustworthy so that their goods have easier passage across Cambodia’s borders, an official said yesterday. Traders will receive ranks based on compliance with customs rules, he [Nuom Chanrith, the director of planning at the Finance Ministry’s general ...
Un envoy visits Boeng Kak, condemns killings
The U.N.’s special rapporteur on freedom of assembly and association, Maina Kiai, on Friday wrapped up a three-day unofficial visit to Cambodia by paying a visit to the Boeng Kak community, the site of the country’s longest-running land dispute. Inside the home of high-profile Boeng ...
Lauren Crothers
http://www.cambodiadaily.com/news/un-envoy-visits-boeng-kak-condemns-killings-51726/
Vendors with a licence to forge
On the side of a well-trafficked street in Phnom Penh’s Daun Penh district, a man with a razor blade bends over a small rectangle of sheet metal overlaid with a vinyl stencil. As letters and numbers are lifted away, the plate begins to take on a ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/vendors-licence-forge
Press conference invitation - CSOs and communities concern on illegal logging and natural resource destruction in Cambodia
CSOs/NGOs and community representatives from Mondulkiri, Ratanakiri, Preah Vihear, Kampong Thom, Kampong Speu, Stung Treng and Kratie Provinces will assemble for a press conference organized by The NGO Forum on Cambodia to express their concerns about an increase in illegal logging and natural resource destruction ...
NGO Forum on Cambodia
Call to cap CP’s export of swine
A livestock industry representative has called on the government to cap Cambodia’s only live pig export company’s trade with Laos, citing shortages in the local market. CP Cambodia, a subsidiary of the Thai conglomerate CP Global, exported some 25,000 head of live swine – boars, sows ...
Chan Muyhong
http://www.phnompenhpost.com/business/call-cap-cp%E2%80%99s-export-swine
Commute deadly: gov’t
Garment workers continue to die in traffic accidents on their way to and from the factory, a new report highlighting the deadly commute in Cambodia’s largest industry shows. In the report, titled The Dangerous Journey of Garment Workers in 2014, the Ministry of Labour’s National Social ...
Growth opportunities for Cambodian SMEs in securities market
Small and medium-sized enterprises (SMEs) in Cambodia can unlock significant growth opportunities by accessing the securities market, a concept explored in detail during a seminar co-organised by the Securities and Exchange Regulator of Cambodia (SERC), APM (Cambodia) Securities Co Ltd and Asset Pro Management Co ...
Hong Raksmey
https://www.phnompenhpost.com/business/growth-opportunities-for-cambodian-smes-in-securities-market
Cambodia fostering development of food standards throughout food chain
Cambodia is committed to ensuring that its food supply is safe and healthy for all Cambodians, leading to safe and healthy diets, said Dith Tina, Minister of Agriculture, Forestry, and Fisheries during the World Food Safety Day celebration held here on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501344336/cambodia-fostering-development-of-food-standards-throughout-food-chain/
Ghosts in the machine
Private firms say costs, delays and bureaucratic red tape have increased since an obscure private company took over the government’s work-permit application and issuance system in September. The Ministry of Labour announced in August that it had outsourced work permit application processing to E-Solutions (Cambodia) Co ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/ghosts-machine
Remnants of war causalities down
There were fewer casualties from explosive remnants of war (ERW) in Cambodia during the first six months of this year than in the same period last year, according to a Cambodian Mine Action and Victim Assistance Authority (CMAA) report released yesterday. ...
Mom Kunthear
http://www.khmertimeskh.com/news/27544/remnants-of-war-causalities-down/
France to give over $226,000 for Khmer Rouge tribunal work
The French government said it will offer around $226,875 to the UN-backed Khmer Rouge tribunal ...
Khmer Times Staff
https://www.khmertimeskh.com/501025864/france-to-give-over-226000-for-khmer-rouge-tribunal-work/
Union helps resolve complaints brought against journalists
The Union of Journalist Federations of Cambodia (UJFC) intervened to resolve 33 cases last year where complaints were brought against Cambodian journalists, according to a report issued on January 11. ...
Soth Koemsoeun
http://phnompenhpost.com/national/union-helps-resolve-complaints-brought-against-journalists
Central bank sets interest rate ceiling, sparking fears
The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/central-bank-sets-interest-rate-ceiling-sparking-fears-126483/
Life insurer targets low-income workers
An obscure NGO is providing life insurance coverage to low-income individuals, mostly garment workers, offering a financial safety net for the families of its policyholders, but triggering the concern of insurance regulators who take issue to its unlicensed operations. ...
Hor Kimsay
http://www.phnompenhpost.com/business/life-insurer-targets-low-income-workers
PM urges tighter rules on micro loans
Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...
Chea Vannak
http://www.khmertimeskh.com/news/22751/pm-urges-tighter-rules-on-micro-loans/
Cambodia's Free Trade Union offers minimum wage plan
In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...