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Cambodia: A rising star with a falling reputation?

Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...

http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx

China, Cambodia venture to raise new building

Local group OTK Royal One signed a partnership agreement this week with Chinese firm Huasi Group to build a 62-storey commercial building in Phnom Penh. ...

Sum Manet
http://www.khmertimeskh.com/50113907/china-cambodia-venture-to-raise-new-building/

Landmine Injures Three Villagers Hunting for Ants

Three villagers hunting for edible ants and wild vegetables were injured when one stepped on an anti-personnel mine in Banteay Meanchey province near the Poipet border crossing. ...

Saing Soenthrith
http://www.cambodiadaily.com/news/landmine-injures-three-villagers-hunting-for-ants-55021/

BDO expands Cambodia operations

The former country partner and staff of Grant Thornton Law and Associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. As a result, BDO Cambodia’s team will now comprise over 30 staff and partners, a ...

http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html

Sathapana to become a commercial bank

Sathapana Microfinance Plc, one of the largest in Cambodia, will officially transform itself into a commercial bank late next month, a move in line with Japanese-owned Maruhan Bank acquiring a 95.1 percent stake in 2012. ...

May Kunmakara
http://www.khmertimeskh.com/news/23125/sathapana-to-become-a-commercial-bank/

Malaysian Maybank expands to outskirts

Malaysian-owned Maybank, one of the largest banks in Cambodia, opened its 12th national branch in Phnom Penh on Friday. The bank aims to reach emerging businesses in the city’s Special Economic Zone (PPSEZ) with the new office. ...

http://www.phnompenhpost.com

Open an account at a securities firm and get ready to trade

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

http://www.phnompenhpost.com/index.php/Special-Reports/open-an-account-at-a-securities-firm-and-get-ready-to-trade.html

Five-country visa may take effect next year

Ten years in the making, the “Five Countries, One Destination” single-visa program may finally kick off next year, encouraging and facilitating tourism between Siem Reap and Southeast Asian hotspots in Myanmar, Thailand, Laos and Vietnam. ...

Naomi-Collett Ritz
http://www.khmertimeskh.com/news/15754/five-country-visa-may-take-effect-next-year/

KBank unveils capital branch

Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. ...

Sok Chan
http://www.khmertimeskh.com/news/35257/kbank-unveils-capital-branch/

Fishing disputes turning deadlier

Vietnam has accused Thailand of violating international law after the shooting of four Vietnamese fishermen, one of whom was killed, by Thai maritime police in the Gulf of Thailand. ...

Jack Laurenson
http://www.khmertimeskh.com/news/16103/fishing-disputes-turning-deadlier/

Rights worker alleges threat amid inquiry

A rights group official said he was threatened for looking into a December homicide case in Pursat province that left one woman dead and her brother injured. ...

Lay Samean
http://www.phnompenhpost.com/national/rights-worker-alleges-threat-amid-inquiry

Whooping cough assurance

The Ministry of Health yesterday denied a local media report that children in Cambodia under one year old have a 50 percent chance of catching whooping cough. ...

Sen David
http://www.khmertimeskh.com/news/38756/whooping-cough-assurance/

Anco blamed for flooding

Villagers in Banteay Meanchey province’s Malai district have complained that a politically connected firm owned by one of the country’s most influential businessmen has flooded their homes. ...

Sen David
http://www.phnompenhpost.com/national/anco-blamed-flooding

Malnutrition concerns raised

In conjunction with the MInistry of Health, two civil society groups on Friday expressed their concern about malnutrition among children and pregnant women In Cambodia, quotIng statistics showIng that almost one In three children In the KIngdom suffers from it. ...

Voun Dara
https://www.phnompenhpost.com/national/malnutrition-concerns-raised

Banks to shift from growth to efficiency

Since its launch in 2005, ANZ Royal Bank has grown to become one of the top-end banks in Cambodia, and has increased its focus on core areas of e-banking, corporate clients and introducing efficiencies in its operations. ...

Ananth Baliga
http://www.phnompenhpost.com/business/banks-shift-growth-efficiency

Men detained after killing endangered ox

Four farmers were arrested and charged yesterday over allegations of killing an endangered banteng, considered to be one of the most beautiful species of wild ox, in a protected forest in Mondulkiri, according to officials. ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/24152/men-detained-after-killing-endangered-ox/

Uber gears up to enter market

Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of the minister’s aides. ...

Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/uber-gears-enter-market

Unseasonable rains bring floods

Unseasonable weather has wreaked havoc this week, bringing floods to Sihanoukville and Poipet and leaving one dead from a lightning strike in Koh Kong province, officials confirmed yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/unseasonable-rains-bring-floods

Factory fight: Man faints after shock of charges

One of five garment workers facing charges after a clash with security forces and other workers at a Kampong Cham footwear factory last month was hospitalised after fainting in prison. ...

Mom Kunthear
http://www.phnompenhpost.com/national/factory-fight-man-faints-after-shock-charges

Foreigners busted for expired visas

Authorities in Preah Sihanouk province yesterday said they arrested two foreign nationals for overstaying their visas, at least one of whose visa, they said, is two years out of date. ...

Chhay Channyda and Sean Teehan
http://www.phnompenhpost.com/national/foreigners-busted-expired-visas

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