Wide Gap Hampers Cambodian Wage Talks
A higher minimum salary for Cambodia’s garment and footwear worker is still not within sight after talks broke down Tuesday between unions representing the workers and their employers, officials said.
The garment and footwear workers unions proposed to nearly double the current minimum monthly wage of
http://www.rfa.org/english/news/cambodia/wages-02262013140215.html
EU fund of over $4.5 mln in Cambodia
The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities.
Four projects were selected among
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODhhZmVjNmU1OTd
Malaria cases up among laborer community
Cambodia has made real progress in decreasing cases of malaria – already surpassing the Millennium Development Goal for malaria four years ahead of the 2015 target – but certain communities still face major challenges in combating the disease, officials said yesterday on World Malaria Day.
Although
PPWSA slide continues, as price sees correction
Sellers have dominated the Cambodia Securities Exchange for the last seven days of trading, and the downward trend for the single stock, Phnom Penh Water Supply Authority, was expected to continue into next week, experts said.
PPWSA closed down 4.6 per cent yesterday at 7,250 riel
Activist monk detained at Wat Botum
Senor members of the monastic community yesterday detained Buddhist monk Loun Savath, an award-winning human rights activist, after he took photos of protesting Boeung Kak lake villagers outside Phnom Penh municipal court.
Monks, police and unidentified men in plain clothes violently forced Loun Savath into a
Rice alliance formed
A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng
http://www.phnompenhpost.com/index.php/2012052856413/Business/rice-alliance-formed.html
China eyes on all-round cooperation with Cambodia, says CPC senior leader (9)
China treasured its traditional friendship with Cambodia, and would take strategic approaches to step up the bilateral cooperation to a new height, visiting senior leader of the Communist Party of China He Guoqiang said here on Tuesday.
In his meeting with Heng Samrin, He spoke
Clinton Discusses Investment, Debt in Cambodia
U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt.
Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon
Forum breaks ice, yet more time needed
Long-time foreign members of the Cambodian business community said the US-ASEAN Business Forum, held on Friday in Siem Reap, was largely successful in setting the country in the sights of America businesses, but multinational corporations will need more time in the Kingdom before nailing down
Group discovers illegal logging
An expedition to expose illegal logging uncovered about 50 hectares of clear-felled forest yesterday that activists from the Prey Lang Community Network have filmed and photographed to lobby government officials, a group representative said.
Chum Yin said more than 60 villagers had traveled to seven villages
Development Bank Revises Growth Outlook
A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent.
The ADB’s estimation was edged down just 0.1 percent from its last forecast made
Growth in Cambodian service sector, says ADB
Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB).
The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent
ASEAN+3 leaders meet in Cambodia to chart future cooperation
The ASEAN+3 (China, Japan and South Korea) Summit was held here on Monday to discuss measures and actions to further enhance cooperation in the future.
The Summit was made between the leaders of the ten-country ASEAN led by Cambodian Prime Minister Hun Sen and the leaders
http://news.xinhuanet.com/english/china/2012-11/19/c_131984651.htm
AEC will 'Cut impact of US, EU woes'
Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US.
International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the
http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html
US Ambassador Seeks to Clarify Need for Debt Repayment
The U.S. ambassador to Cambodia has sought to clear up supposed misinformation about Cambodia’s debt to the U.S., which was racked up during the early 1970s by the U.S.-backed military government of Lon Nol and has become a contentious issue between the country.
Cambodia has refused
Cambodia launches project to develop biomass-fuelled energy technologies
Cambodia’s Ministry of Industry, Mines and Energy on Thursday launched a four year project, aiming at promoting the development of biomass-fueled renewable energy generation technologies in industrial sector, officials said.
The 5.6 million US dollar project will provide technical and partial financial support for the
Vendors Protest Over Worthless Mfone Cards
More than 100 mobile phone vendors protested yesterday outside the Phnom Penh headquarters of bankrupt mobile operator Mfone over their stocks of phone credit recharge cards that are now worthless, as the defunct company has transferred its subscribers to MobiTel, which does not recognize the
NGOs query Lao’s telco promotion
Four NGOs asked the government yesterday to explain the decision to promote Lao Saroeun to an undersecretary of state position in the Ministry of Posts and Telecommunications, even though he has not been cleared of alleged corruption.
“In proper practice, people under investigation for alleged corruption
http://www.phnompenhpost.com/2013032062034/Business/ngos-query-lao-s-telco-promotion.html
VN insurer to pour $5 mln in Laos, Cambodia
The Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation (BIC) has announced it will pour nearly 5 million USD into its subsidiary companies in Laos and Cambodia.
BIC will also buy back the 65 percent stake of the Cambodian Investment and Development
Cambodia: Visits on the rise
Cambodia is rapidly attracting more and more visitors from tourists to businessmen.
Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported.
So far,the country has welcomed 404,106 visitors compared to 350,257 during the same
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