Hor Namhong Travels to US on Official Visit
Foreign Affairs Minister Hor Namhong will travel to the U.S. on Saturday to hold separate discussions with Secretary of State Hillary Clinton and Senator Jim Webb, chairman of the subcommittee on East Asia and Pacific Affairs, the government said in a Statement. Mr. Namhong’s visit comes ...
Justice Ministry Seeks Review Of Jailed 13
The Justice Ministry has written to the Phnom Penh Municipal Court requesting that it review the case of 13 Boeng Kak women recently jailed for demonstrations against a CPP senator’s real estate project, a ministry official said yesterday. Bunyai Narin, deputy Cabinet chief for the Justice ...
Cambodia's garment industry seen approaching crossroads
Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjY3NTFlNmIzMTU
Farmers Concerned That Draft Law Will Legalize Land Grabs
About 60 farmers met yesterday in Phnom Penh to rise their concerns about the law on the management of farmland that is currently being drafted by the Ministry of Agriculture, which critics say will legalize land grabbing. The latest public version of the draft law grants power ...
Weak institutions hurting Cambodia’s growth, analyst says
Cambodia has undergone some reform to improve its institutions, but analysts say a lack of leadership is preventing deeper change. Strong political institutions are required for continued economic growth, but the capacity of Cambodia’s state institutions remains weak. ...
Ten Soksreinith
http://www.voacambodia.com/content/weak-institutions-hurting-cambodia-growth-analyst-says/2843134.html
Brown Coffee Chain Expands With Third Store
What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...
Joint visa for Thailand and Cambodia in limbo
Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...
Preah Vihear villagers reject offer
The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...
Sen David
http://www.phnompenhpost.com/national/preah-vihear-villagers-reject-offer
US Asks Parties to ‘Work Together’ for the People
The U.S. State Department on Tuesday called for the ruling CPP and opposition CNRP to “work together” and repeated its call for a transparent review of irregularities in July’s national election. “The United States urges leaders of the ruling Cambodian People’s Party (CPP) and the CNRP ...
Phorn Bopha and Joshua Wilwohl
http://www.cambodiadaily.com/elections/us-asks-parties-to-work-together-for-the-people-43407/
PM: Ease debt load on flood victims
Prime Minister-designate Hun Sen on Thursday urged the National Bank of Cambodia (NBC) and the Ministry of Economy and Finance (MEF) to work with all microfinance institutions (MFIs) to find ways to ease debt burdens on those displaced from flooding in the Kingdom. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-ease-debt-load-flood-victims
Garment workers to receive USD 100 per month from February
The Government already issued a Decision to require the employers to increase the minimum wage for the factory workers to USD 100 per month, starting from February 2014, said a government official. Vong Savann, a senior official of the Labor Ministry added that the Decision was ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=NmY5MTVmYTZhMzE
Teachers union worried textbooks may be sold
A district education official in Preah Vihear may be hoarding state textbooks to sell at the market rather than distributing them to perennially book-strapped schools, according to the Cambodian Independent Teachers Association (CITA). ...
Chhay Channyda
http://www.phnompenhpost.com/national/teachers-union-worried-textbooks-may-be-sold
Despite Ban, Operators Offer Bonuses
Two of the country’s largest mobile phone operators are again offering attractive deals on calls, despite the Telecommunication Regulator of Cambodia’s (TRC) recent order to mobile operators to follow the government’s minimum prices for calls and to scale back customer promotions. On Sunday, Smart, which is ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/despite-ban-operators-offer-bonuses-49483/
Unlicensed lenders called out
Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry of Economy and Finance and the National Bank of Cambodia on Monday, authorities ...
Hor Kimsay
http://www.phnompenhpost.com/business/unlicensed-lenders-called-out
US to provide $125M for Acleda financing
The Overseas Private Investment Corporation (OPIC), the US government’s development financial institution, signed a commitment letter for $125 million direct loan to Acleda Bank to support all sectors through microenterprises and small- and medium-size enterprises (SMEs), Acleda Bank said in a press release yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/us-provide-125m-acleda-financing
Cambodia skilfully marketed during 43rd ASEAN Summit
Prime Minister Hun Manet said last Saturday that he along with the top officials from public and private sector institutions promoted various sectors of Cambodia’s economy during 18 bilateral and multilateral meetings out of the 34 on-the-sidelines meetings during the 43rd ASEAN Summit and Related ...
Kang Sothear
https://www.khmertimeskh.com/501357932/cambodia-skilfully-marketed-during-43rd-asean-summit/
Cambodia's 2011 Economic Growth Expected To Be 6.8 Per Cent, Says ADB
KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB). This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per ...
http://www.bernama.com/bernama/v5/newsbusiness.php?id=613443
Cambodia Airports Funds Study of Five Airstrips
Cambodia Airports, which operates the country’s three international airports, has financed a study of five of the country’s unused domestic airstrips ahead of government plans to rehabilitate the facilities, a representative of the company said yesterday. Khek Norinda, communications manager at the Cambodia Airports, said that ...
Open Development Cambodia (ODC) updated a dataset on “Allocated land for social land concession”
Open Development Cambodia (ODC) updated a dataset on “Allocated land for social land concession” by adding the two new map features in Pursat from the sub-decree no. 42 on the cutting of 1,130 hectares of land in Say village, Prongil commune, Phnum Kravanh district, Pursat ...
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html