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Banks projected to grow at 10 percent in 2024

Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...

Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/

One-Party Parliament Effortlessly Passes $3.56 Billion Budget

Sixty-six National Assembly members of the ruling CPP on Tuesday unanimously approved Cambodia’s $3.56 billion draft budget for 2014 without debate and without even the hint of an opposition, whose 55 lawmakers-elect are boycotting parliament in protest over July’s still-disputed national election result. The ruling party ...

Hul Reaksmey
http://www.cambodiadaily.com/news/one-party-parliament-effortlessly-passes-3-56-billion-budget-46913/

Opposition to form ‘shadow cabinet’ in parliament

A “shadow cabinet” will be created inside the National Assembly once the CNRP’s lawmakers-elect swear into office, senior opposition party officials said Thursday, in a move that nine years ago saw an opposition lawmaker imprisoned on charges of inciting a rebellion. Prime Minister Hun Sen and ...

Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/opposition-to-form-shadow-cabinet-in-parliament-64917/

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

Kith Meng re-elected

PROMINENT businessman Kith Meng was re-elected unopposed yesterday as president of the Cambodian Chamber of Commerce. Kith Meng, the only contender who declared his candidacy for the three-year mandate, received support from all 11 candidates eligible to stand. Kith Meng, who is also chairman and chief ...

http://www.phnompenhpost.com/index.php/2011080950932/Business/kith-meng-re-elected.html

Telecommunications Regulatory Body Launched

With a proposed telecommunications law yet to be approved, the Ministry of Post and Telecommunications yesterday launched the Telcom Regulator of Cambodia (TRC) to handle disputes between mobile phone companies and Internet providers, although officials admitted that the body will have limited powers. .. But unless ...

Construction Set to Resume at CamKo City

Construction on Phnom Penh’s CamKo City project will resume after a year’s suspension following a fraud scandal that left its original financial backer bankrupt, an official at the Ministry of Land Management said Wednesday. CamKo City, located in Phnom Penh’s Russei Keo district, was halted ...

Hul Reaksmey
http://www.cambodiadaily.com/business/construction-set-to-resume-at-camko-city-45747/

Cambodia has 960 garment, footwear factories: labor minister

Garment and footwear industry, Cambodia’s largest foreign exchange earner, currently consists of 960 factories, employing some 620,000 workers, labor minister Ith Samheng said Thursday. The sector made a revenue of 5.5 billion U.S. dollars last year, accounting for around 80 percent of the country’s total exports, ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/24/c_133287164.htm

Ministry of Labor knights Australian industrial commissioner

The Arbitration Council says the Ministry of Labor has knighted an Australian industrial commissioner for his long period of work as an honorary advisor to the council. In a statement posted on its website Friday, the council said Labour and Vocational Training Minister Ith Samheng awarded ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=OTZiMjJhNTM1NzQ

First sentence given for facebook comments

The Phnom Penh Municipal Court on Thursday fined a 29-year-old hairstylist and make-up artist 2 million riel, or about $500, and ordered her to pay 5 million riel, or about $1,250, in compensation to a rival beauty parlor owner she defamed on Facebook. The sentence is ...

Eang Mengleng And Denise Hruby
http://www.cambodiadaily.com/news/first-sentence-given-for-facebook-comments-51649/

Union leader rejects video, photo evidence

During his second day under questioning on charges of inciting violence and property damage at a January 2 protest, union leader Vorn Pao was presented with photographs showing his tuk-tuk packed with rocks, and a video of him calling on low-ranking police to turn their ...

Eang Mengleng and Khy Sovuthy
http://www.cambodiadaily.com/news/union-leader-rejects-video-photo-evidence-59326/

Staff of suspended factory demand wages

About 70 workers from the Xing Chang Sin factory marched to the Ministry of Labor on Friday to demand intervention after the factory allegedly failed to pay wages for the past two months. Vong Sovann, deputy director general at the Labor Ministry’s general department of ...

Sek Odom
http://www.cambodiadaily.com/news/staff-of-suspended-factory-demand-wages-65571/

Acleda to sell vehicle tax stamps

Cambodia’s government yesterday announced it had chosen the largest local bank, Acleda Bank Plc, to be its partner for vehicle tax stamp sales. Acleda will operate for the General Department of Taxation of the Ministry of Economy and Finance in all 23 provinces and Phnom Penh.   Sim Eang, royal ...

http://www.phnompenhpost.com/index.php/2012082158174/Business/acleda-bank-to-sell-vehicle-tax-stamps.html

Scholarship opportunity in higher education

The Prayuters Library Program is delighted to announce a scholarship opportunity for Grade 12 students in Preah Vihear province. The application opens for students holding a high school diploma or an equivalent certificate for pursuing a bachelor’s degree. Additionally, students who did not pass the ...

Open Development Cambodia Organization

Download: pdf

Cambodia, Colombia ink deal for political consultation mechanism

Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...

http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm

Cambodia’s students to get schooled in tourism

Young Cambodians will now learn about tourism in grades 11 and 12, according to the new curriculum for public education that was launched yesterday. The development is aimed at enhancing quality in the tourism sector, officials said during a press conference. The new curriculum covers the ...

http://www.phnompenhpost.com/2013052865867/Business/cambodia-s-students-to-get-schooled-in-tourism.html

Negotiations Fail as Worker, Opposition Protests Continue

Tens of thousands of workers protested in front of the Ministry of Labor on Monday, after negotiations between labor leaders and the government failed to find a resolution to demands of higher wages in the face of a rising cost of living. Labor Minister Ith ...

Kong Sothanarith
http://www.voacambodia.com/content/negotiations-fail-as-worker-opposition-protests-continue/1820038.html

Unions expect violence, but forum to go on

Despite anticipating violence between unionists and authorities, labour union heads yesterday said they will go ahead with a public forum at Freedom Park on Saturday morning. Phnom Penh City Hall on Tuesday denied a request by 18 union federations to hold a public forum at ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/unions-expect-violence-forum-go

Notification of the World Cleanup Day

On 12 September 2018, the Ministry of Environment informs the World Cleanup Day which will be held on September 15, 2018 from 6:30 am to 11:30 pm. The Ministry of Environment collaborates with the Ministry of Education, Youth and Sports, the Ministry of Tourism, Let’s Do ...

Ministry of Environment

Download: pdf

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