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Cambodia's Siem Reap, China's Jiangxi ink cooperation deal

Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/30/c_132930687.htm

‘Like animals in a cage’

A day after union leader Vorn Pov was violently arrested during garment strikes in early January, he was driven to an unknown location and told by armed officers to get out of the vehicle. The union leader said his group of co-accused share a cell ...

May Titthara
http://www.phnompenhpost.com/national/%E2%80%98-animals-cage%E2%80%99

Police embezzlement claims ‘baseless,’ police official says

Svay Rieng provincial police Thursday publicly defended a district police official accused of corruption after conducting their own investigation into the claims. According to a report published by the local news website CEN on April 7, Svay Chrum district deputy police chief Meas Soeun embezzled money ...

Kuch Naren
http://www.cambodiadaily.com/news/police-embezzlement-claims-baseless-police-official-says-56704/

Shooting probe urged

UN rights envoy Surya Subedi wrapped up his six-day fact-finding mission to Cambodia yesterday by calling for a thorough investigation into security forces’ role in the deadly crackdown on garment workers early this month. He also offered to act as a mediator between the ruling Cambodian ...

Daniel Pye
http://www.phnompenhpost.com/national/shooting-probe-urged

CCAWDU leaders deny corruption during questioning at court

The Phnom Penh Municipal Court on Wednesday questioned three senior officials from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) who stand accused of embezzling $92,929. Speaking after questioning under the court’s deputy prosecutor Ek Chheng Huot, union president Ath Thorn denied siphoning off the ...

Khuon Narim
http://www.cambodiadaily.com/news/ccawdu-leaders-deny-corruption-during-questioning-at-court-55670/

CDC approves three projects worth $11M

Three investment projects worth more than $11 million were approved by the Council for the Development of Cambodia (CDC) this week, a CDC press release said on Wednesday.203; CDC approved the establishment of the SWJ (Cambodia) Garment Co, Ltd, in Kampong Speu province’s Chbar Mon ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-three-projects-worth-11m

Transport ministry reaps benefits of personal plates

The Ministry of Public Works and Transport has generated some $2 million from the sale of personalised number plates since it launched the service last month. From January 7 to February 4, the ministry had sold 468 such plates to vehicle owners throughout the country, ...

Voun Dara
https://www.phnompenhpost.com/national/transport-ministry-reaps-benefits-personal-plates

Bangladesh, Cambodia seek new areas of cooperation

Bangladesh and Cambodia have decided to set up a “joint commission” to promote bilateral ties as the two countries eye to deepen cooperation for regional peace, stability and prosperity. According to a joint statement issued after the talks between the two prime ministers in Dhaka on ...

bdnews24.com
http://bdnews24.com/bangladesh/2014/06/18/bangladesh-cambodia-seek-new-areas-of-cooperation

Trading volume drops on new Cambodia Securities Exchange

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html

Inside the criminal network ravaging Cambodia’s forests ― and the community fighting to save them

These illicit networks have had devastating ramifications in Cambodia, where rural poor and indigenous communities have relied on forested areas as a vital source of income for thousands of years. With one of the highest rates of tree cover loss in the world, the country saw nearly 2 million hectares, ...

Jesselyn Cook
https://www.huffingtonpost.com/entry/cambodia-forest-devastation_us_5a3d86b0e4b06d1621b45772

ChildFund debuts ‘Swipe Safe’ plans

The NGO ChildFund has announced its strategic plan for 2022-2025 as well as a brand-new online safety project “Swipe Safe” to protect children from online abuse of all kinds. ChildFund said in its press release on November 2 that the ChildFund-initiated project, “Swipe Safe” will begin ...

Mom Kunthear
https://www.phnompenhpost.com/national/childfund-debuts-swipe-safe-plans

Exports to Thailand, Vietnam up as traditional markets shrink

Cambodia’s exports to neighbouring Thailand and Vietnam surged in January this year compared to the same period last year in sharp contrast to the country’s exports to traditionally strong markets such as China and the US declining during the period. According to the data of ...

Manoj Mathew
https://www.khmertimeskh.com/501241502/exports-to-thailand-vietnam-up-as-traditional-markets-shrink/

Police Train at Freedom Park as Protesters Target Hun Sen’s House

As hundreds of riot police conducted protest suppression drills in Phnom Penh’s Freedom Park on Monday morning, Prime Minister Hun Sen’s mansion in the center of the city was the focal point of a demonstration by some 2,000 garment factory workers. Municipal police, along with 16 ...

Aun Pheap and Khy Sovuthy
http://www.cambodiadaily.com/news/police-train-at-freedom-park-as-protesters-target-hun-sens-house-2-45638/

High Fuel Prices a Blow to Cambodia’s Covid-hit Tourism Sector

The Cambodian government has lifted all COVID-19 travel restrictions in the hopes of boosting the hard-hit tourism industry, but now businesses say sanctions on Russia and the resulting high energy prices are hampering the sector’s recovery. ...

Sorn Sarath
https://cambojanews.com/high-fuel-prices-a-blow-to-cambodias-covid-hit-tourism-sector/

Thai PM's Cambodia Visit May Restore Mutual Trust, Investment

PHNOM PENH–Cambodian analysts believe that the visit of Thai Prime Minister Yingluck Shinawatra to Cambodia on Thursday this week could restore mutual trust and trade and investment relations between the two countries. “From my point of view, the meeting of the two PMs will probably focus ...

http://news.xinhuanet.com/english2010/indepth/2011-09/14/c_131138587.htm

Canal restoration in Preah Sihanouk set to be done in three months

Minister of Public Works and Transport Sun Chanthol said at the start of the restoration of five canals in Preah Sihanouk province on Monday that the work had to be completed in three months to avoid further flooding. A report by the Ministry of Public ...

Voun Dara
https://www.phnompenhpost.com/national/canal-restoration-preah-sihanouk-set-be-done-three-months

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Labour orders issued by PM

Prime Minister Hun Sen yesterday issued extensive orders to unions, factories, workers and authorities to rid the garment industry of violent strikes, roadblocks and rights violations he says are threatening public order. “There have been many strikes and demonstrations at factories recently, and, in some cases, ...

http://www.phnompenhpost.com/2013032964789/National/labour-orders-issued-by-pm.html

Government Mulls Issuing Sovereign Bonds

Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National Bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...

http://www.cambodiadaily.com/business/government-mulls-issuing-sovereign-bonds-21989/

Withdrawals top hundreds of millions

More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first ...

Daniel de Carteret
http://www.phnompenhpost.com/business/withdrawals-top-hundreds-millions

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