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Ministries: Join BFC or lose export privileges

Two ministries on February 22 ordered factory owners and directors in the textile, garment, bag and travel-goods export sectors to register with Better Factories Cambodia (BFC) and obtain certification on working conditions. ...

Thou Vireak
https://www.phnompenhpost.com/business/ministries-join-bfc-or-lose-export-privileges

Draft on Amendment of Article 140 approved

The Council of Ministers on Friday approved the Draft Law on the Amendment of Article 140 of the Law on Capital, Province, Municipality, District and Khan Administration. ...

Khmer Times Staff
https://www.khmertimeskh.com/501051321/draft-on-amendment-of-article-140-approved/

Minister reaffirms government’s commitment to promote press freedom

Minister of Information Khieu Kanharith said the Royal Government of Cambodia (RGC) is always committed to improving the respect of press freedom and freedom of expression as enshrined in the Constitution of the Kingdom of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501176536/minister-reaffirms-governments-commitment-to-promote-press-freedom/

Ministry of Economy to raise $6.8M through sovereign bond issuance

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress

Kingdom raises $58 million from government bond issuance in 2023

The Royal Government of Cambodia has raised $58.26 million in funds through government bond issuance in 2023. As per current regulations, the country can raise bonds for up to $200 million. The current bond issuance takes up 29 percent of the limit. ...

Chea Vanyuth
https://www.khmertimeskh.com/501457942/kingdom-raises-58-million-from-government-bond-issuance-in-2023/

PM praises media for efforts on ‘fake news

Prime Minister Hun Sen praised journalists and a large number of local press institutions for making efforts to prevent the spread of fake news propagated by “rebels” and opportunists who intended to incite social unrest against the government. Hun Sen’s statement was made through a ...

Mech Dara
https://www.phnompenhpost.com/national/pm-praises-media-efforts-fake-news

FAST payments to move riel quickly

Three months since the central bank soft-launched its FAST payment system it is taking the system public, making electronic riel-denominated transfers available to the customers of more than a dozen financial institutions. ...

Hor Kimsay
http://www.phnompenhpost.com/business/fast-payments-move-riel-quickly

Flights to Arrive From China’s Yunnan Province

An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...

Cambodia vows to not harbor activisits

Cambodia never offered sanctuary for red-shirt members or those fleeing arrest in Thailand, Cambodian Defence Minister Tea Banh said Tuesday. Gen Tea Banh said Cambodian law does not allow any movement from other countries to hold political activities in the country. The whereabouts of red-shirt members ...

Wassana Nanuam
http://www.bangkokpost.com/news/politics/423079/cambodia-not-house-anti-coup-activists

Micro-life insurance on rise

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html

Japan firms see fresh potential in Kingdom

A delegation of more than 30 Japanese businesspeople yesterday met with the Council for the Development of Cambodia to discuss investment opportunities in the Kingdom, after seeing what they said were vast improvements in domestic legal and tax regulations.  However, no definite decisions had yet ...

http://www.phnompenhpost.com/index.php/2011090751484/Business/japan-firms-see-fresh-potential-in-kingdom.html

CDC gives nod to $3.5B in projects

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects

MoU signed with China

The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...

Sok Chan
http://www.khmertimeskh.com/news/29595/mou-signed-with-china/

Unions want meet with Minister to discuss Labor Law problems

While stakeholders have lauded the government’s move to establish a bond market, in a bid to raise more funds from domestic sources, they, however, expressed concern that not enough has been done to inform the public on how debt security can support government spending. ...

Mom Kunthear
http://www.khmertimeskh.com/news/35275/unions-want-meet-with-minister-to-discuss-labor-law-problems/

Government Must Work With Farmers to Combat Climate Change

Some 9.5 million Cambodians who directly engage in agriculture must adopt new techniques in order to counter dynamic weather patterns caused by climate change, and the government must work with farmers to ensure that it happens, an agricultural conference was told last week. Flown in from ...

Matt Blomberg and Khuon Narim
http://www.cambodiadaily.com/news/government-must-work-with-farmers-to-combat-climate-change-45678/

EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice

The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...

Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice

Cambodia's garment manufacturers calls on gov't to curb illegal strikes

The Garment Manufacturers Associations in Cambodia (GMAC) on Sunday urged the government to curb outlawed garment strikes that have occurred this week at Special Economic Zones in eastern Bavet City, which are expected to continue next week. “GMAC is disappointed that the government and local authorities ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/27/c_133293620.htm

Put trips to Bangkok on hold: gov’t

The government asked Cambodians to avoid all nonessential travel to Bangkok following Thailand’s imposition of martial law. “The situation is calm and we will continue monitoring it, but travellers planning to go to Thailand should hold off for now,” Information Minister Khieu Kanharith said after an ...

Cheang Sokha
http://www.phnompenhpost.com/national/put-trips-bangkok-hold-gov%E2%80%99t

After factory ignores ruling, garment workers to march

Employees of the Ocean Garment factory in Phnom Penh’s Pur Senchey district continued to protest Monday against management’s decision to ignore an Arbitration Council ruling on owed wages. Cheng Chhorn, secretary general of the Collective Union of Movement of Workers, said the workers will march to ...

Sek Odom
http://www.cambodiadaily.com/news/after-factory-ignores-ruling-garment-workers-to-march-64074/

Input on NGO law over: gov’t

The government will not consult civil society groups on the latest iteration of a draft law that will regulate non-governmental organisations and associations, a senior Interior Ministry official said yesterday. Meas Sarim, deputy director-general of the General Department of Local Administration at the Ministry of Interior ...

Chhay Channyda and Kevin Ponniah
http://www.phnompenhpost.com/national/input-ngo-law-over-gov%E2%80%99t

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