Xayaburi opposition escalates in Thailand
Criticism of the controversial Xayaburi hydro dam project in northern Laos is mounting in Thailand – the country set to enjoy most of the electricity if the project is completed. Representatives from 130 Thai civil-society organisations yesterday published a statement backing a report that outlines an ...
Vietnam raises minimum pay
A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...
Oxley Holdings Ltd Announces Incorporation Of Companies In Cambodia
Oxley Holdings Ltd announced that the Group has incorporated Oxley Holdings (Cambodia) Co., Ltd. and Oxley-Worldbridge (Cambodia) Co., Ltd. in Cambodia. Oxley Holdings Cambodia has an issued capital of 20,000,000 Riel (approximately SGD6,309), divided into 1,000 shares of par value 20,000 Riel each. It is ...
http://www.reuters.com/finance/stocks/OXHL.SI/key-developments/article/2773685
Cambodia flood death toll climbs to 168
The Mekong River and flash floods have claimed at least 168 lives in Cambodia and cost the country about 500 million U.S. dollars due to the damages to rice paddy and roads, Keo Vy, spokesman for the National Committee for Disaster Management (NCDM), said Tuesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/22/c_132819335.htm
Paddy rice farms curb losses from lost land
Cambodian paddy rice production fell only slightly during the first half of this year’s dry season, despite 12,000 hectares of usually productive land deemed unusable due to last year’s floods. According to the Ministry of Agriculture, Forestry and Fisheries, dry season paddy rice production between December ...
Chan Muyhong
http://www.phnompenhpost.com/business/paddy-rice-farms-curb-losses-lost-land
Information law ‘on way in 3 years’
In three years’ time, Cambodia will have legislation clearly outlining what government information is available to the general public, according to a recently signed memorandum of understanding. Minister of Information Khieu Kanharith and Anne Lemaistre, UNESCO’s representative to Cambodia, signed the memorandum on Friday. The MoU ...
Vong Sokheng
http://www.phnompenhpost.com/national/information-law-%E2%80%98-way-3-years%E2%80%99
Bulldozers bedevil busted businessman
A businessman was tried by Phnom Penh Municipal Court yesterday on charges of breach of trust in connection with losing six bulldozers worth an estimated $1.7 million he had hired to dig and clear land for his Por Sen Chey district business in 2008. According to ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/bulldozers-bedevil-busted-businessman
Brewery strike pays off for staff
Staff at a brewery that produces Angkor Beer returned to work on the weekend after management agreed to a strike-ending $30 raise on Saturday. More than 1,000 workers at Cambrew Ltd in Preah Sihanouk province walked off the job on Thursday after a month of wage-increase ...
Chhay Channyda
http://www.phnompenhpost.com/national/brewery-strike-pays-staff
Registration of garment factories up in first half
The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft. The report also showed that the garment sector employed 733,300 workers ...
Daniel de Carteret
http://www.phnompenhpost.com/business/registration-garment-factories-first-half
Villagers say community forest at risk
More than 100 families in Ratanakkiri’s O’Yadav district are seeking government intervention against an economic land concessionaire they allege has razed over 1,000 hectares of community forest, village leaders said yesterday. Five representatives for the 144 families departed yesterday to file a complaint at the provincial ...
Phak Seangly
http://www.phnompenhpost.com/national/villagers-say-community-forest-risk
Cambodia's trade with China's Hong Kong up 19 pct last year
Trade between Cambodia and China’s Hong Kong increased by 19 percent in 2013, thanks to good ties between China and Cambodia, Raymond Yip, assistant executive director of the Hong Kong Trade Development Council, said here Friday. The total trade value between Cambodia and Hong Kong amounted ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/21/c_133134205.htm
As Cambodia’s financial sector grows, so do its challenges
The National Bank of Cambodia on Wednesday hosted its first annual macroeconomic conference, outlining the need to ensure Cambodia’s rapidly growing financial sector supports sustainable and inclusive economic growth while managing greater risks. Cambodia’s banking and microfinance sectors have seen enormous growth in recent years with ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/as-cambodias-financial-sector-grows-so-do-its-challenges-65414/
Cash-strapped S’ville casino looks to expand
The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...
George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/
Starting a business in Cambodia is getting harder, report says
Almost every aspect of starting or operating a business in Cambodia is becoming more difficult, according to a World Bank report released Wednesday. “Starting a business in Cambodia requires 11 procedures, takes 101.0 days, costs 139.5 percent of income per capita and requires paid-in minimum ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/starting-a-business-in-cambodia-is-getting-harder-report-says-71343/
Parliament to fire some staff to be more effective: Spokesman
The National Assembly will cut some jobs in this fifth legislature in order to enhance the quality of its officials, an official said Tuesday. “Some staff don’t work, but they receive pay by just only coming to provide thumbprints,” parliament’s spokesman Chheang Vun said in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/parliament-to-fire-some-staff-to-be-more-effective:-spokesman-7638
Expert urges gov’t to save site
An archaeologist is pleading the government to save an Angkorian-era canal before the work of brick makers completely erases the site. Built nearly 1,000 years ago, the 120-kilometre stone channel was used to transport building materials from a quarry to Angkor Wat, according to archaeologist Thuy ...
Phak Seangly
http://phnompenhpost.com/national/expert-urges-gov%E2%80%99t-save-site
MEF sets target for tax revenue
The Cambodian government is aiming to increase its revenue collection to $3.78 billion for 2015, on the back of strong tax and customs income. A directive signed by Monaster of Economy and Finance Aun Porn Moniroth on Monday says $2.75 billion will be collected via current ...
Hor Kimsay
http://www.phnompenhpost.com/mef-sets-target-tax-revenue
Press release on an official launch of National Policies and Action Plans on Children Protection and Development
National Committee of Children Protection and Development will launch the National Policies and Action Plans on Children Protection and Development on 1 September 2014 at the National Institute of Education under the presidency of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of ...
Ministry of Education, Youth and Sports
Most are OK with the new wage, not all
After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith Sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ...
Mom Kunthear
http://phnompenhpost.com/national/most-are-ok-new-wage-not-all
Cambodia to monitor all inbound flights after ban on Malaysian and Indonesian flights
Cambodia will closely monitor flights to the country after announcing the cancellation of inbound flights from Malaysia and Indonesia from August 1. ...
Khmer Times Staff
https://www.khmertimeskh.com/50750082/cambodia-to-monitor-all-inbound-flights-after-ban-on-malaysian-and-indonesian-flights/