Rainsy to Meet Cambodian Workers in South Korea
Opposition CNRP leader Sam Rainsy is to meet with Cambodian migrant workers during a two-day trip to South Korea later this week, at the end of a European tour that has included stops in Geneva, Brussels and Paris. “He will be visiting [South] Korea to meet ...
Mech Dara and Alice Cuddy
http://www.cambodiadaily.com/news/rainsy-to-meet-cambodian-workers-in-south-korea-51349/
Royal Group affirms its commitment to ANZ
Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/
Tourism stronger than predicted
The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...
http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Three groups sign deal to help migrants in Thailand
The Manpower Association of Cambodia and the Association of Cambodian Recruitment Agencies yesterday signed a Memorandum of Understanding with the Thai-Cambodian Relation Association to protect migrant workers in Thailand. ...
Mom Kunthear
https://www.khmertimeskh.com/50548323/three-groups-sign-deal-to-help-migrants-in-thailand/
Bunong families petition PM
Four villagers representing more than 1,800 Bunong ethnic families who are embroiled in a territorial spat in Mondulkiri province petitioned two ministries and Prime Minister Hun Sen on Wednesday.They want the authorities to push the local authority to revoke the private ownership of a portion ...
Khorn Savi
https://www.phnompenhpost.com/national/bunong-families-petition-pm
Latest malaria drug resistance sparks fears
A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...
Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/
Construction standards on the way
The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market. ...
Igor Kossov
http://www.khmertimeskh.com/news/15449/construction-standards-on-the-way/
Bank of China to expand operations in Cambodia
Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/bank-china-expand-operations-cambodia
Unions make new demands as factories focus on productivity
Following the announcement earlier this month that the monthly minimum wage in the garment sector will be raised from $128 to $140 next year, eight unions representing factory workers issued a list of 13 demands on Tuesday, threatening protests if their requests go ignored. ...
Peter Ford and Mech Dara
https://www.cambodiadaily.com/news/unions-make-new-demands-as-factories-focus-on-productivity-97876/
Royal Group head Kith Meng urges tax rate revision
Private sector representatives argued yesterday that Cambodia’s outdated taxation laws do not accurately reflect the Kingdom’s current business climate, urging the General Department of Taxation (GDT) to revise the legal framework to promote private sector growth. ...
Hor Kimsay
http://www.phnompenhpost.com/business/royal-group-head-kith-meng-urges-tax-rate-revision
Cambodia-India joint cooperation
The Cambodia-India Joint Committee Meeting on bilateral trade and technology exchange will be held in New Delhi on Friday, the spokesman of the Ministry of Foreign Affairs told reporters yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/26883/cambodia-india-joint-cooperation/
Nordic nations eye investment in Cambodia
Companies from Europe’s frigid north are taking steps toward moving into the fish and environmental industries in Cambodia’s warmer climes. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/nordic-nations-eye-investment-in-cambodia-126253/
Cambodia has sole objective for US
Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-has-sole-objective-us
New warning against digital coins issued
The Securities and Exchange Commission of Cambodia (SECC) yesterday warned the public against investing in cryptocurrencies such as Bitcoin, arguing that there is no regulation in place to manage the use of digital coins. ...
May Kunmakara
http://www.khmertimeskh.com/50102471/new-warning-against-digital-coins-issued/
Cambodia-VN forum hears plans for cross-border SEZ
The Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vn-forum-hears-plans-cross-border-sez
Cambodia's special economic zones attract 1.65 bln USD investment since inception
Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...
Global Times News Staff
http://www.globaltimes.cn/content/817196.shtml#.Ult7xz_vrbw
Vietnamese PM to visit Cambodia
Vietnamese Prime Minister Nguyen Tan Dung will pay a working visit to Cambodia from Jan. 12 to 14, announced Vietnam’s Ministry of Foreign Affairs on Wednesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/08/c_133029425.htm
Cambodia draft laws to ensure independence of the Court
Prime Minister Hun Sen said today that three draft laws will be adopted in the first semester of 2014 to ensure independence of the judiciary in Cambodia. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2UyZTZkYTYxNmJ
Cambodia to end customs fees for milled rice exports starting May 1, 2014
Cambodia will end customs fees for milled rice exports with effect from May 1, 2014, in order to reduce production costs and boost Cambodia’s competitiveness in the international market, according to local sources. ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-end-customs-fees-milled-rice-exports-starting-may-1-2014