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Commerce Minister calls on checkpoint officials to crackdown on expired goods

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Thong Thira, Banteay Meanchey’s head of Department of Commerce, said that about 71 percent of 700,000 people living in Banteay Meanchey are farmers. He said the province has big 20 ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWFjOTZkZjI0OTh

Schooled on penalties

Despite unprecedentedly strict anti-cheating measures being implemented in last year’s grade 12 examinations, the Kingdom’s Anti-Corruption Unit pledged yesterday that punishments will be tougher still for proctors caught selling answers and accepting bribes this time around. ...

Chhay Channyda
http://www.phnompenhpost.com/national/schooled-penalties

Bavet workers see pay diminished after strikes

Workers at factories affected by recent garment worker strikes in the Svay Rieng province town of Bavet were paid their salaries on Saturday, suffering wage cuts that have sparked concerns about renewed protests. ...

Mech Dara and Charles Rollet
http://www.phnompenhpost.com/national/bavet-workers-see-pay-diminished-after-strikes

Economic growth brings optimism and rising expectations in Cambodia

Bolstered by a massive construction boom over the last few years, Cambodia now boasts one of the world’s fastest growing economies and was one of the few countries able to meet its Millennium Development Goals. In fact, Cambodia, which has halved its poverty rate in ...

Silas Everett
http://asiafoundation.org/in-asia/2016/02/24/economic-growth-brings-optimism-and-rising-expectations-in-cambodia/

Cambodian economy can grow by four percent this year

The Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners. ...

Khmer Times Staff
https://www.khmertimeskh.com/50864730/cambodian-economy-can-grow-by-four-percent-this-year/

SMEs registration inches up to 443,628 last year

The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/

Outbreaks of foot-and-mouth disease decrease, but are still painful for Cambodian farmers

The number of cases of foot-and-mouth disease dropped significantly in first six months of 2012 compared with the three previous years, according to new report by the UN’s Food and Agriculture Organization (FAO). However, the report’s authors say the disease is still a problem for Cambodian farmers, especially owners of small farms, and can severely ...

http://www.etmcambodia.com/index.php

Anti-money laundering draft law approved

Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50723656/anti-money-laundering-draft-law-approved/

Takeo to establish SEZ in Bati district

Governor Vy Samnang of Takeo province on Tuesday endorsed a proposal to establish a special economic zone (SEZ) on a 32-hectare area in Bati district by the Chinese Chamber of Commerce of Chaoshan. ...

Manoj Mathew
https://www.khmertimeskh.com/501545510/takeo-to-establish-sez-in-bati-district/

One-Party Parliament Effortlessly Passes $3.56 Billion Budget

Sixty-six National Assembly members of the ruling CPP on Tuesday unanimously approved Cambodia’s $3.56 billion draft budget for 2014 without debate and without even the hint of an opposition, whose 55 lawmakers-elect are boycotting parliament in protest over July’s still-disputed national election result. The ruling party ...

Hul Reaksmey
http://www.cambodiadaily.com/news/one-party-parliament-effortlessly-passes-3-56-billion-budget-46913/

Water Supply Stock Falls Back to Initial Value

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...

Review of Land Concessions Foiled by Rain, Leeches

Six months after Prime Minister Hun Sen ordered a moratorium on the granting of economic land concessions (ELCs) and a legal review of the concessions that already exist, the Agriculture Ministry has yet to begin the review process due to rain, and the danger of ...

http://www.cambodiadaily.com

Index Creative Village to tap Cambodian market next year

Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...

Watchiranont Thongtep
http://www.nationmultimedia.com/business/Index-Creative-Village-to-tap-Cambodian-market-nex-30271560.html

Investment in construction crumbles under pandemic

The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/investment-construction-crumbles-under-pandemic

World Bank gives key recommendations for Cambodia’s economic recovery

The blow to Cambodia’s economy from the COVID-19 pandemic was among the most pronounced in East Asia, but the country can regain sustained economic growth by increasing productivity among firms and workers, diversifying exports, and taking steps to boost domestic investment, the World Bank says ...

Khmer Times Staff
https://www.khmertimeskh.com/501016942/world-bank-gives-key-recommendations-for-cambodias-economic-recovery/

Unions looking for place within SEZ boundaries

Since just before the pandemic started, Chhoum Phen has changed his job more than five times within Hi-Tech Apparel, the garment factory he has worked at for more than five years. ...

Danielle Keeton-Olsen and Yon Sineat
https://vodenglish.news/unions-looking-for-place-within-sez-boundaries/

Hong Kong eyes Cambodia as prime business partner

In a meeting with Cambodian business sector representatives, Hong Kong Secretary for Commerce and Economic Development, Algernon Yau, promoted Hong Kong’s business opportunities. ...

Khmer Times Staff
https://www.khmertimeskh.com/501153477/hong-kong-eyes-cambodia-as-prime-business-partner/

Chinese firm set to invest $300M into S’ville SEZ’s largest tyre plant

Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...

Hom Phanet
https://www.phnompenhpost.com/business/chinese-firm-set-invest-300m-sville-sezs-largest-tyre-plant

Guidelines finalized for child workers in fisheries sector

The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Min­istry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...

Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/

Group claims suit against rights worker is intimidation

The international watchdog Frontline Defenders has called on Cambodian authorities to drop a defamation lawsuit against a prominent human rights worker. Ny Chakrya, head of legal assistance for the rights group Adhoc, is facing a suit filed by two court officials in Siem Reap province last ...

Hul Reaksmey
http://www.voacambodia.com/content/group-claims-suit-against-rights-worker-is-intimidation/2850618.html

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