Massive strike nearing: union
The Free Trade Union has vowed to stage a mass strike in The garment and footwear industries if its demands for an extra US$30 per month of bonuses for workers are not met, union president Chea Mony said yesterday. The union sent a letter to Minister ...
http://www.phnompenhpost.com/index.php/2012062556997/National-news/massive-strike-nearing.html
Government will not look into Funcinpec request for aid from China
Interior Ministry spokesman Khieu Sopheak said royalist party Funcinpec will not be investigated for requesting funds from China, despite an article in the Law on Political Parties banning parties from receiving financial support from foreign governments and institutions. ...
Ben Sokhean
http://www.phnompenhpost.com/national-politics/government-will-not-look-funcinpec-request-aid-china
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
NBC releases Financial Stability Review to the public for the first time
The National Bank of Cambodia (NBC) released its Financial Stability Review for The first time on Wednesday, outlining The work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...
Hor Kimsay
https://www.phnompenhpost.com/business/nbc-releases-financial-stability-review-public-first-time
Legal actions to be taken against protest leaders: Interior Ministry
Ministry of Interior warned that legal measures would be taken against those who would hold protests, defying a ban imposed by the government. the warning was made yesterday after the leaders of nine labor unions insisted that they would hold protests, which are scheduled for January ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NTdmZGU2OGFmMmR
Bar owners remain in the dark while some call quits
Hospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. ...
Harrison White
https://www.khmertimeskh.com/50737482/bar-owners-remain-in-the-dark-while-some-call-quits/
After Cambodia Daily’s $6M bill, tax authority targets RFA, VOA
Popular media outlets Radio Free Asia and Voice of America have become the latest to draw the attention of the government for allegedly not paying taxes, one week after a letter to the Cambodia Daily demanding more than $6 million in back taxes was leaked. ...
Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/after-cambodia-dailys-6m-bill-tax-authority-targets-rfa-voa
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
Garment worker protest builds over severance
More than 1,000 workers protested in front of the soon-to-be-closed Svay Rieng Cambodia Garment factory yesterday to demand better severance benefits, and nearly half of them then marched to the provincial hall to seek help from government officials, workers said yesterday. Worker representative Pang Tra said ...
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
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
Cambodia’s GFT woes unabated as exports decline 23%
The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into The fifth month of The year as The January to May exports recorded a decline of 23.06 percent, compared to The same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501306694/cambodias-gft-woes-unabated-as-exports-decline-23/
NBC tests mechanism to link Kingdom’s major banks
The central bank officially held a soft launch last Friday for its central shared switch mechanism, which connects account records of three of The Kingdom’s leading financial institutions, allowing Them to operate ATM and point-of-sale (POS) terminals in tandem. ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-tests-mechanism-link-kingdoms-major-banks
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
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
Q1 Canada trade dips 22% despite March rebound
The merchandise trade volume between Cambodia and Canada reached $192.720 million in The first quarter of 2023, making The world’s ninth largest economy The Kingdom’s 10th biggest trading partner for The three-month period, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound
Royal gazette to move online
The government will this year stop printing The royal gazette for sale to The public and begin publishing new editions online, an official said yesterday. ...
Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/royal-gazette-move-online
Trade in breast milk outlawed
The government yesterday announced a total ban on The collection and export of human breast milk, after it emerged poor women had been earning cash through The trade. ...
Ven Rathavong
http://www.khmertimeskh.com/news/37002/trade-in-breast-milk-outlawed/
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in The first seven months of The year, which is equivalent to 58.7 per cent of The 2023 annual budget law, according to The Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july