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Draft consumer law completed

The Ministry of Commerce has finished the draft consumer protection law and will soon submit it to the Council of Ministers, according to a senior government official.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/34241/draft-consumer-law-completed/

Minister wants tougher fisheries crackdown

Interior Minister Sar Kheng has ordered government officials and department heads to crack down on anyone committing fishing crimes, telling a committee meeting that lax efforts to “educate” repeat offenders continued to fail and exacerbate the problem.According to Deputy National Police Chief Kirth Chantharith, Mr. ...

May Titthara
http://www.khmertimeskh.com/news/34867/minister-wants-tougher-fisheries-crackdown/

Cambodia signs deal with Chinese province

The Cambodian government signed a memorandum of understanding (MoU) with officials from China’s Shaanxi province aimed at bolstering trade and tourism, according to a release yesterday by the Ministry of Commerce. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/cambodia-signs-deal-chinese-province

HKL gets $15 million to grow MFI operations

Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yesterday.  ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/hkl-gets-15-million-grow-mfi-operations

Whooping cough assurance

The Ministry of Health yesterday denied a local media report that children in Cambodia under one year old have a 50 percent chance of catching whooping cough. ...

Sen David
http://www.khmertimeskh.com/news/38756/whooping-cough-assurance/

Japanese FDI on the rise in Cambodia

The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia

Directive to mobile operators

The Telecom Regulator of Cambodia yesterday issued a directive to mobile operators to ensure they are transparent with automatic fees charged to customers after a spike in complaints.   ...

May Kunmakara
http://www.khmertimeskh.com/news/39840/directive-to-mobile-operators/

Corporate bonds edging closer to launch

Cambodia’s market regulator has finalised regulations for establishing a corporate bond, moving one step closer to introducing a new capital market tool that would allow companies to raise funds for expansions, debt refinancing or acquisitions, officials announced yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/corporate-bonds-edging-closer-launch

Factory workers protest against contract offers

Workers from the Pou Yuen Cambodia garment factory in Sen Sok district yesterday protested outside the premises after the management decided to offer them only three-month contract extensions. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/factory-workers-protest-against-contract-offers

Hundreds of foreigners granted citizenship

Interior Minister Sar Kheng yesterday called on the government to amend the law on nationalisation and immigration, while a report from the general department of identification revealed 1,518 foreigners were granted Cambodian nationality from 2014 to 2017. Presiding over the department’s annual meeting, Mr Kheng ...

Khy Sovuthy
http://www.khmertimeskh.com/50103717/hundreds-of-foreigners-granted-citizenship/

Investment down by $1B

Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/investment-down-1b

Garment makers pool their resources

The Garment Manufacturers’ Association of Cambodia (GMAC) yesterday officially launched the GMAC Human Resources Club to build a knowledge bank, share information, experience and expertise to improve the industry. ...

May Kunmakara
http://www.khmertimeskh.com/news/39784/garment-makers-pool-their-resources/

Corn farmers block road over low prices

Hundreds of corn farmers blocked a main road in Battambang province on Thursday, hoping the barricade would persuade Prime Minister Hun Sen to put pressure on traders to raise the dwindling crop prices that are hurting their livelihoods. ...

Leng Len
https://www.cambodiadaily.com/news/corn-farmers-block-road-over-low-prices-132502/

Rubber exports bounce higher

Cambodian rubber exports surged 37 percent during the first half of the year, compared to the same period in 2016, as the Kingdom’s rising harvest capacity coincided with firmer global demand for rubber products. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-exports-bounce-higher

Hydroponic farming to be tested in Cambodia

Japanese company Asian Gateway (Cambodia) will soon conduct a pilot project with a hydroponic farm in Cambodia. It will be tested at the Royal University of Agriculture (Chamkar Dong campus) in the first stage and after that will be used as a model for farmers and ...

Sok Chan
http://www.khmertimeskh.com/5079873/hydroponic-farming-tested-cambodia/

Cambodia, Bangladesh to strengthen trade

Cambodia and Bangladesh are seeking to strengthen cooperation on trade and enhance and expand trade and business partnerships via a deal which will be signed in October. ...

Chea Vannak
http://www.khmertimeskh.com/5083529/cambodia-bangladesh-strengthen-trade/

SECC lays down new dispute regulations

The Securities and Exchange Commission of Cambodia (SECC) has issued new regulations and procedures for solving disputes involving parties operating in the securities sector. ...

Post Staff
http://www.phnompenhpost.com/business/secc-lays-down-new-dispute-regulations

CDC to post project decisions on Facebook

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...

Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/cdc-post-project-decisions-facebook

Garment buyers asked to bring in tech

The government is calling on international buyers to increase investment in the garment and footwear sector and to introduce new technologies to help modernise the industry, according to a senior official from the Ministry of Commerce (MoC). ...

Sok Chan
http://www.khmertimeskh.com/5090886/garment-buyers-asked-bring-tech/

City governor tackles illegal medication sales

The Phnom Penh governor said he would crack down on pharmacies who do not follow the laws of the Health Ministry. Governor Khuong Sreng vowed to ban practices such as the selling of medication without a license and the dissemination of illegal medications, and to search ...

Mom Sophon
http://www.khmertimeskh.com/5098125/city-governor-tackles-illegal-medication-sales/

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