Cambodia gains 53 factories this year
The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...
Statement from the Cambodian Rice Federation (CRF)
On 16 November 2020, the Cambodian Rice Federation (CRF) issued a statement completely rejecting the allegations made in a petition by a group of former CNRP activists in one of Australia’s regions and calling for a stop in using farmers as a political stepping stone ...
Cambodian Rice Federation (CRF)
US announces more Covid aid
US ambassador to Cambodia Patrick Murphy said the Kingdom’s Ministry of Health has proven itself to be remarkably well-prepared for its mission to prevent the spread of Covid-19 since the earliest days of the pandemic, making it one of the leading countries in the region ...
Mom Kunthear
https://www.phnompenhpost.com/national/us-announces-more-covid-aid
Kampot governor lauds battlefield transformed into banana plantation
Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/kampot-governor-lauds-battlefield-transformed-banana-plantation
Vietnamese business helps develop block chain technology in Cambodia
Vietnam’s Unicorn Ultra (U2U) ecosystem, an All-in-One platform for potential builders, opened its representative office in Cambodia to introduce, build and develop products applying block chain, artificial intelligence (AI), and Big Data. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396143/vietnamese-business-helps-develop-block-chain-technology-in-cambodia/
Cambodia needs about US$ 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 ...
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, ...
Beer makers binge on ads
Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...
http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html
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
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 ...
Labour Ministry releases mass fainting figures
Figures released by the Ministry of Labor on Friday showed that 1,578 garment factory workers have fainted in workplace incidents since the beginning of this year. Pok Vanthat, deputy director of the Labor Ministry’s Medical Unit and chief of its research committee, said that his committee ...
Boeng Kak families sue - and sued by - government officials
Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...
Sand dredging deja-vu
They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...
http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html
Milled rice exports fall in January
Some of Cambodia’s biggest exporters have experienced a sizeable decline in milled-rice shipments this month, with one insider putting the number as high as 40 per cent year-on-year. The waning figure stands in stark contrast to last year’s milled-rice export numbers, which increased about 22 per ...
A Female Entrepreneur Remains Strong as Silk
Seng Takakneary started her business in a one-room shop with two sewing machines in 2004. Today, Ms. Takakneary’s Sentosa Silk employs about 100 staff in Phnom Penh who produce a range of fine Cambodian silk items, including pillows, curtains, bedspreads, dresses, shirts and bags. Since ...
Kampot dredging escalates
Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...
http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html
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 ...
Integration of Southeast Asian Stock Exchanges Hits Snag
Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...
http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...