Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...
Official says faintings a ‘scar’ on image of nation’s factories
A 10 per cent rise in the number of garment and footwear factories this year showed the government’s commitment to solving labour disputes, and that its mechanisms to do this were working, a senior official at the labour ministry said yesterday, while admitting that a ...
False alarms trigger fainting
Three false alarms at a garment factory triggered another mass fainting incident yesterday morning, sending 59 female staff, including one security guard, to hospitals and clinics, according to a statement from the Ministry of Labour. The first alarm went off about 7:40am in a sewing section, ...
Cambodia's Developers Again Aim at Stars
PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...
http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj
Cambodian Per Capita GDP To Touch $1,000
Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...
http://www.nationmultimedia.com/business/Cambodian-per-capita-GDP-to-touch-$1000-30176744.html
China donates equipment to Cambodia for 2012 ASEAN meetings
The government of China on Monday delivered office supplies and equipment worth $403,000 to Cambodia in order to ease the country’s burden when it hosts the ASEAN summit and related Summits this year. The office supplies and equipment included 200 sets of desktops, 60 sets of ...
http://www.philstar.com/Article.aspx?articleId=781793&publicationSubCategoryId=200
Net widens on fishing trap ban
Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...
Riverbank Collapse Prompts Dredging Complaint
More than 300 Kandal province villagers have filed a complaint with Sa’ang district officials over sand dredging along the Bassac river after riverbanks in their village collapsed, district governor Khim Chankiri said yesterday. Mr. Chankiri said, however, that the sand dredging operation along the Bassac ...
More than 40 faint as firm denies exit
More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...
Jailed Fishermen Released After Hun Sen Order
Within days of Prime Minister Hun Sen’s announced amnesty for those detained and jailed for fisheries crimes, the Ministry of Justice responded and has already freed dozens of suspects from provincial prisons around the country, judicial officials said yesterday. Independent analysts, however, said the order ...
Railway project suffers a blow
The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...
http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html
ASEAN hits troubled waters
Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...
http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html
Open Development Cambodia has added one new feature of Cambodia-Sino Metallic Material SEZ on Special Economic Zones (SEZs) profile page
Open Development Cambodia (ODC) has just published a new online resource detailing on 39 Special Economic Zones in Cambodia along with comprehensive references which are accessible and available in bilingual versions, Khmer and English. Together with the website’s map web tool, this profile page aims ...
Open Development Cambodia publishes a new topic page on “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”
Open Development Cambodia (ODC) publishes 2 new topic pages on “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”, which are two of the 17 goals of the UN Sustainable Development Goals (SDGs), in both Khmer and English languages. Through ODC’s new topic pages on ...
Government urged to pursue corrupt oknhas
Following the release of the Ministry of Environment’s annual report, eco-activists have urged it to crack down on influential oknhas who allegedly flouted the Kingdom’s environmental protection laws. A total of 278 cases of natural resource crimes were sent to Cambodian courts in the first ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/government-urged-pursue-corrupt-oknhas
Government studying EU’s preliminary report on EBA
The Ministry of Foreign Affairs and International Cooperation on Wednesday said the government was studying the EU Commission’s preliminary report on the human rights situation in the Kingdom that could lead to a suspension of access to its “Everything But Arms” (EBA) agreement.The EU launched ...
Mech Dara
https://www.phnompenhpost.com/national-politics/government-studying-eus-preliminary-report-eba
Strong growth projected for Cambodia’s banking sector
National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...
May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector
Chinese eye asset management
A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management
Officials pumping water into drought-affected rice fields
National Committee for Disaster Management spokesman Keo Vy told The Post on Monday that the drought is taking its toll on more than 10,000ha of rice fields in Battambang and more than 1,000ha in Kampong Cham. He said Prey Veng, Kandal, Takeo, Banteay Meanchey, Tbong Khmum, ...
Khorn Savi
https://www.phnompenhpost.com/national/officials-pumping-water-drought-affected-rice-fields
Sinking feeling on river's edge
About 50 villagers in Kandal province protested yesterday in an attempt to halt the activities of a Vietnamese sand-dredging company, which they said has caused a huge swath of their land to slide into the Mekong River. Residents of Kien Svay district’s Koh Prak village said ...