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SMEs to generate at least 1 million more jobs

Prime Minister Hun Sen expressed his hope that SMEs will further absorb at least 1 million workforces as the Royal Government is preparing to provide scholarships to 1.5 million students for vocational training. ...

Khmer Times Staff
https://www.khmertimeskh.com/501271521/smes-to-generate-at-least-1-million-more-jobs/

Gov’t pledges to improve conditions of workers

The Royal Government of Cambodia pledged to improve the working conditions of employees in the private sector with a Memorandum of Understanding (MoU) signed with ILO last week at the Ministry of Labour and Vocational Training. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501487836/govt-pledges-to-improve-conditions-of-workers/

Cambodia clocks April revenue of $508 million

In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. ...

Rachel David
https://www.khmertimeskh.com/501507050/cambodia-clocks-april-revenue-of-508-million/

Deals With China Inked

Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...

http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html

British Businessman Arrested over Alleged Land Fraud

The British chairman of an embattled agricultural investment firm was arrested Saturday by Cambodian authorities over charges of forging documents and using them in an attempt to illegally purchase thousands of hectares of land, a court prosecutor said. Greg Fryett, the main shareholder of Sustainable Agro ...

http://www.cambodiadaily.com/news/british-businessman-arrested-over-alleged-land-fraud-15882/

Task of Obtaining Passport Is Adding To Illegal Migration Problem

Thousands of Cambodians cross the border via illegal checkpoints into Thailand every year. Some end up working in slave-like conditions on illegal fishing trawlers. Others work in factories while getting paid under the table. It is often a last resort fraught with danger and uncertainty and ...

http://www.cambodiadaily.com/news/task-of-obtaining-passport-is-adding-to-illegal-migration-problem-30629/

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

Digital content key to growth for Kingdom's telecom firms

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

http://www.phnompenhpost.com/index.php/2011122253557/Business/digital-content-key-to-growth-for-kingdoms-telecom-firms.html

SMEs call for better loan rates

The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according ...

http://www.phnompenhpost.com/index.php/2011092151765/Business/smes-call-for-better-loan-rates.html

Telecom Cambodia finds Vietnamese ISP partner

State-owned Telecom Cambodia has signed a business cooperation agreement with Vietnam National Post and Telecommunications Corp in order to bolster TC’s product portfolio and coverage area, company officials said yesterday. Telecom Cambodia offers both fixed-line phone and internet services in the Kingdom. Vietnam National Post and ...

http://www.phnompenhpost.com/index.php/2011122053500/Business/telecom-cambodia-finds-vietnamese-isp-partner.html

Bank Backs Displaced Families’ Compensation

The Asian Development Bank (ADB), one of the two major financiers of the rehabilitation of Cambodia’s railways, yesterday rejected criticism that they were providing insufficient resettlement packages to residents displaced by the project. On Friday, the ADB released a cost study that showed that the compensation ...

Passports in hand, strikers eye return

More than half of the 800 Cambodian workers who accused police of threatening them with guns and firing into the air during a protest at Phatthana Seafood Co in Thailand on Monday were preparing to return home yesterday, a strike representative said. Sok Sorng said employees ...

http://www.phnompenhpost.com/index.php/2012041155562/National-news/passports-in-hand-strikers-eye-return.html

PPSEZ plans bookbuild for scaled-back IPO

Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo

Pilot project for disabled in Pailin to spread

Pailin province will be ground zero for a Ministry of Social Affairs’ pilot project that will offer 20,000 riel stipends monthly to poor, disabled citizens, according to ministry officials. The funds will be distributed to citizens for set amounts of time based on their level ...

Mom Kunthear
http://www.khmertimeskh.com/news/21618/pilot-project-for-disabled-in-pailin-to-spread/

A budding friendship

A more than hour-long meeting between Philippines President Rodrigo Duterte, making his first-ever visit to Cambodia, and Prime Minister Hun Sen ended yesterday afternoon with an aide to the premier offering reporters the typical avowals of “cooperation”. But while the state visit – which included ...

Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/budding-friendship

Phnom Penh villas declining

For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...

http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html

Cambodia ripe for more exports

Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...

http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html

VimpelCom may sell units in Africa and Asia

Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...

http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm

PM Hun Sen lavishes praise on China

In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...

http://www.phnompenhpost.com/index.php/2012112359905/National-news/pm-hun-sen-lavishes-praise-on-china.html

Abused women’s support services to expand

Helping women find better employment opportunities is key to ensuring they feel able to report rape and sexual abuse, government and civil society representatives said yesterday. Although Cambodian courts are prosecuting an increasing number of cases involving violence against women, economic concerns stop many from reporting ...

http://www.phnompenhpost.com/2013052265772/National/abused-women-s-support-services-to-expand.html

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