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Record growth in insurance

Cambodia’s insurance industry saw record growth in 2016 and was valued at $113 million, according to a report from the Insurance Association of Cambodia (IAC). ...

Sok Chan
http://www.khmertimeskh.com/news/35153/record-growth-in-insurance/

Damages from mine to cost at least $4m

The government said yesterday that a gold mine in Kompong Cham province that has damaged about 1 square km of land with chemical waste would cost at least $4 million to clean up. Speaking at a workshop in Phnom Penh on revenue transparency, Sim Sisokhaly, director ...

Garment workers to be reimbursed

The Ministry of Labour on Tuesday released the names of four factories whose workers will be compensated after their employers absconded owing back pay and severance. Labour Minister Ith Sam Heng said abandoned workers at Benoh Apparel, Yu Fa Garment Industry, Great Honour Textile Factory ...

Yon Sineat and Daphne Chen
https://www.phnompenhpost.com/national/garment-workers-be-reimbursed

Cambodia’s successful school meal program showcased at Global Summit in Paris

The Deputy Prime Minister and Minister of Education, Youth, and Sport of Cambodia, along with representatives from the World Food Programme (WFP), participated in the inaugural Global School Meals Coalition summit held in Paris. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405468/cambodias-successful-school-meal-program-showcased-at-global-summit-in-paris/

ILO attacks trade union law

An International Labour Organization official yesterday called the draft of a Ministry of Labour trade union law “a step backwards” during the opening of a two-day workshop meant to hear concerns of both labour unions and employers. In a speech to worker representatives, members of the ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/ilo-attacks-trade-union-law

Gov’t tackles Social Media

Social networks are a double-edged sword when it comes to the dissemination of news and information according to experts at a social network ethics and morality workshop yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/15954/gov---t-tackles-social-media/

Torture, beating of detainees continue, report finds

Detainees and prisoners continue to be administered electric shocks, beaten unconscious and even smothered by plastic bags, with 49 new allegations of torture or abuse at the hands of authorities this year, according to rights group Licadho, which says in a report released Wednesday that ...

Lauren Crothers
http://www.cambodiadaily.com/news/torture-beating-of-detainees-continue-report-finds-62461/

Ministries eye budget bumps for next year

The Ministry of Economy and Finance finished month-long consultations with key ministries on Thursday in preparation for the drafting of Cambodia’s budget for 2017. ...

Kong Meta
http://www.phnompenhpost.com/national/ministries-eye-budget-bumps-next-year

Minimum wage law edges closer

A Labour Ministry official has said the law on the minimum wage will come into force in the first quarter of 2018, provided there are no more objections from stakeholders. ...

Mom Kunthear
http://www.khmertimeskh.com/5095662/minimum-wage-law-edges-closer/

Official releases EU trade data amid spat

Cambodia exported about $3 billion worth of goods to the EU in the first nine months of last year, according to Ouch Borith, a secretary of state at the Foreign Affairs Ministry. Borith’s remarks came at the ministry’s annual meeting and were in response to a ...

Brendan O’Byrne
http://www.phnompenhpost.com/business/official-releases-eu-trade-data-amid-spat

Project aims to build latrines in rural areas

A new US$10.9 million grant from the Bill & Melinda Gates Foundation will fund a three-year project by international development NGO East Meets West (EMW) to improve sanitation and hygiene among the poor in rural Cambodia and Vietnam. According to EMW, the program seeks to combat the negative effects of ...

http://www.phnompenhpost.com/index.php/2012082058164/National-news/new-latrines-granted-in-rural-areas.html

CSX trading postponed again until next year

Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, ...

http://www.phnompenhpost.com/index.php/2011101252082/Business/csx-trading-postponed-again-until-next-year.html

Cambodia's exports to U.S. down 1 pct in 11 months last year

Cambodia exported products in equivalent to 2.49 billion U.S. dollars to the United States in the first eleven months of 2012, down 1 percent from 2.52 billion U.S. dollars it exported at the same period a year earlier, the report of the U.S. Department of ...

http://english.peopledaily.com.cn/90778/8090542.html

Direct Japan flights set to take off later in year: PM

Japan will introduce direct flights to and from Cambodia this year in an effort to bolster trade, investment and tourism between the two nations, Prime Minister Hun Sen said on Friday. Hun Sen announced the plan at a meeting with a delegation led by Hideo ...

May Kunmakara
http://www.phnompenhpost.com/business/direct-japan-flights-set-take-later-year-pm

Hun Sen Ends Tonle Sap Fishing Lot System

Prime Minister Hun Sen said yesterday that he would permanentlycance all 35 fishing lots on the Tonle Sap lake – which had already been suspended in recent months – and turn them into a conservation zone to protect the lake’s pressurized wild fisheries, on which ...

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/

Ticon follows factory shift to Cambodia

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

Cam McGrath
http://www.phnompenhpost.com/business/ticon-follows-factory-shift-cambodia

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 ...

http://www.etmcambodia.com/blog.php?article=197

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/

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