Lending by Cambodia's banks rises 6 pct as deposits grow 10 pct in Q1: central bank
Lending by Cambodia’s commercial banks rose by 6 percent while deposits grew by 10 percent in the first quarter of this year, a National Bank of Cambodia (NBC)’s report said Tuesday. The report said the country’s 34 commercial banks had lent a total of 7.87 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/11/c_133397680.htm
Ocean reps take case to arbitration
Twenty representatives of workers locked in a monthlong dispute with management at the Ocean Garment factory appeared before the Arbitration Council yesterday, a union official said. A spokesman from the Arbitration Council yesterday told the Post that such cases are typically sorted out within 15 working days. ...
Mom Kunthear
http://www.phnompenhpost.com/national/ocean-reps-take-case-arbitration
Notification of the press conference on the violence caused by the elected MPs and the Cambodia National Rescue Party activists at the Freedom Park
His Excellency Keo Ramy, Secretary of the Council of Ministers and Deputy Director of Press and Quick Reaction Unit, will hold a press conference on the violence caused by the elected MPs and the Cambodia National Rescue Party activists at the freedom parks on 15 ...
Office of the Council of Ministers
Workers strike again to demand strike pay
About 2,000 workers at Takeo province’s I-Cheng (Cambodia) Cooperation remain on strike today, after management held steady in its refusal to pay employees for days they joined in a national garment worker strike in December and this month. ...
Mom Kunthear
http://www.phnompenhpost.com/national/workers-strike-again-demand-strike-pay
Prisoners to receive pardons
Hundreds of prisoners will be pardoned or see their sentences reduced on Tuesday following a request by the Ministry of Interior to the King. The royal pardons and sentence reductions, which benefit 339 inmates, coincide with Pisak Bochea Day, a celebration of the Buddha’s birth. ...
May Titthara
http://www.phnompenhpost.com/national/prisoners-receive-pardons
Senate boycott planned
Opposition senators will boycott the plenary session on Thursday at which ruling Cambodian People’s Party lawmakers are expected to debate three controversial judicial draft laws that passed through the National Assembly unopposed last month. ...
Daniel Pye
http://www.phnompenhpost.com/national/senate-boycott-planned
Cambodian banks see 9.3 pct lending growth in 1st half of 2014: central bank
Cambodia’s banking sector has reported a 9.3-percent increase in lending in the first six months of the year, according to the figures from the National Bank of Cambodia (NBC) on Sunday. The figures showed that the kingdom’s 35 commercial banks had lent a total of 8.09 ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140803/cambodian-banks-see-93-pct-lending-growth-1st-half-2014-cent
Cambodia's trade with ASEAN hit US$4.16 Billion last year
Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495
Scot honoured for clearing landmines
A SCOTTISH man has become a Knight in the Kingdom of Cambodia for his services to landmine clearance in the country. ...
Herald Scotland News Staff
http://www.heraldscotland.com/news/home-news/scot-honoured-for-clearing-landmines.23888303
Transparency boosting Cambodia factory improvements
Transparent reporting of garment factory compliance in Cambodia is continuing to help to improve conditions for workers, according to a new report. In its third online transparency report, the International Labor Organization (ILO’s) Better Factories Cambodia (BFC) programme said two of the 13 factories in the Low Compliance group had ...
Michelle Russell
http://www.just-style.com/news/transparency-boosting-cambodia-factory-improvements_id123308.aspx
Traffic accident provokers may face imprisonment: Traffic police
Drivers must be responsible for what they commit when they cause road accidents that lead to loss of lives; they not only face fine, but also imprisonment, said Pen Khon, deputy chief of Bureau of Land Traffic. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/traffic-accident-provokers-may-face-imprisonment:-traffic-police-7550
Protests to come after several unionists fired
Workers at a Phnom Penh garment factory yesterday said they will strike to protest the firing of five union members, while a management official defended the dismissals. More than 2,000 employees at Por Sen Chey district’s Cambo Kotop Ltd will join the protest after the Collective ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/protests-come-after-several-unionists-fired
Amid overcrowding, prison numbers rise
Prison overcrowding continues to be a major issue plaguing Cambodia, Ministry of Interior officials said on Monday, as they revealed a 3 per cent increase in population at correctional facilities and prisons nationwide. In 2014, the number of prisoners rose from 14,702 in 2013 to 15,165 ...
Pech Sotheary and Sarah Taguiam
http://www.phnompenhpost.com/amid-overcrowding-prison-numbers-rise
A million tourists gather for Angkor Sangkran
The number of tourists travelling during the three-day Khmer New Year festivities saw a dramatic increase this year, with the largest attraction – Angkor Sangkran in Siem Reap – hosting more than a million visitors last week. ...
May Kunmakara
http://www.phnompenhpost.com/business/million-tourists-gather-angkor-sangkran
El Niño raises drought fears
Cambodia is looking at a delayed onset of the rainy season, with experts and government officials having raised concerns of a prolonged dry season affecting agricultural production, as the Pacific weather pattern El Niño threatens to bring drought-like conditions. Ngin Chhay, director of the Rice Department ...
Chan Muyhong
http://www.phnompenhpost.com/business/el-nino-raises-drought-fears
GMAC no fan of union law
The Garment Manufacturers Association of Cambodia says it will push for revisions made on the draft trade union law last week to be changed.During a meeting on July 28, the Ministry of Labour said it had revised a number of provisions in the law, which ...
Charles Rollet
http://www.phnompenhpost.com/national/gmac-no-fan-union-law
Curtain factory workers break windows during strike
More than 400 employees of a curtain factory in Svay Rieng province’s Bavet City were on strike for the eighth day Thursday over alleged labor abuses and unmet demands, a day after some of the workers lobbed rocks at the building, causing thousands of dollars ...
Huot Chanpav
https://www.cambodiadaily.com/news/curtain-factory-workers-break-windows-during-strike-92211/
Curtain factory workers break windows during strike
More than 400 employees of a curtain factory in Svay Rieng province’s Bavet City were on strike for the eighth day Thursday over alleged labor abuses and unmet demands, a day after some of the workers lobbed rocks at the building, causing thousands of dollars ...
Huot Chanpav
https://www.cambodiadaily.com/news/curtain-factory-workers-break-windows-during-strike-92211/
Tax revenues exceed 2019 projections
Sound macro-economic performance coupled with political stability resulted in the Kingdom collecting some $6 billion in tax last year, up more than $1.485 billion on the government’s target of $4.56 billion for the period. of the figure, $2.26 billion was collected by the General Department ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenues-exceed-2019-projections
NGO: Data shows ‘wholesale sell-off’
Cambodia should urgently disclose all information about land ownership and rethink its “wholesale sell-off” of the country’s natural resources, a local rights group said yesterday. The call to release information about Cambodia’s land sector, including a declaration of revenues, came as Licadho released an analysis of ...
Daniel Pye and Pech Sotheary
http://www.phnompenhpost.com/ngo-data-shows-wholesale-sell