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Bunong families petition PM

Four villagers representing more than 1,800 Bunong ethnic families who are embroiled in a territorial spat in Mondulkiri province petitioned two ministries and Prime Minister Hun Sen on Wednesday.They want the authorities to push the local authority to revoke the private ownership of a portion ...

Khorn Savi
https://www.phnompenhpost.com/national/bunong-families-petition-pm

Latest malaria drug resistance sparks fears

A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...

Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/

Construction standards on the way

The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market.  ...

Igor Kossov
http://www.khmertimeskh.com/news/15449/construction-standards-on-the-way/

Bank of China to expand operations in Cambodia

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/bank-china-expand-operations-cambodia

Unions make new demands as factories focus on productivity

Following the announcement earlier this month that the monthly minimum wage in the garment sector will be raised from $128 to $140 next year, eight unions representing factory workers issued a list of 13 demands on Tuesday, threatening protests if their requests go ignored. ...

Peter Ford and Mech Dara
https://www.cambodiadaily.com/news/unions-make-new-demands-as-factories-focus-on-productivity-97876/

Royal Group head Kith Meng urges tax rate revision

Private sector representatives argued yesterday that Cambodia’s outdated taxation laws do not accurately reflect the Kingdom’s current business climate, urging the General Department of Taxation (GDT) to revise the legal framework to promote private sector growth. ...

Hor Kimsay
http://www.phnompenhpost.com/business/royal-group-head-kith-meng-urges-tax-rate-revision

Cambodia-India joint cooperation

The Cambodia-India Joint Committee Meeting on bilateral trade and technology exchange will be held in New Delhi on Friday, the spokesman of the Ministry of Foreign Affairs told reporters yesterday.   ...

Sum Manet
http://www.khmertimeskh.com/news/26883/cambodia-india-joint-cooperation/

Cambodia has sole objective for US

Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-has-sole-objective-us

New warning against digital coins issued

The Securities and Exchange Commission of Cambodia (SECC) yesterday warned the public against investing in cryptocurrencies such as Bitcoin, arguing that there is no regulation in place to manage the use of digital coins. ...

May Kunmakara
http://www.khmertimeskh.com/50102471/new-warning-against-digital-coins-issued/

Cambodia-VN forum hears plans for cross-border SEZ

The Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vn-forum-hears-plans-cross-border-sez

Cambodia's special economic zones attract 1.65 bln USD investment since inception

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Global Times News Staff
http://www.globaltimes.cn/content/817196.shtml#.Ult7xz_vrbw

Vietnamese PM to visit Cambodia

Vietnamese Prime Minister Nguyen Tan Dung will pay a working visit to Cambodia from Jan. 12 to 14, announced Vietnam’s Ministry of Foreign Affairs on Wednesday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/08/c_133029425.htm

Cambodia to end customs fees for milled rice exports starting May 1, 2014

Cambodia will end customs fees for milled rice exports with effect from May 1, 2014, in order to reduce production costs and boost Cambodia’s competitiveness in the international market, according to local sources. ...

Oryza News Staff
http://oryza.com/news/rice-news/cambodia-end-customs-fees-milled-rice-exports-starting-may-1-2014

Cambodia-U.S. trade up 11 pct in Q1

Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...

Shanghai Daily
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=216833

Cambodia launches new 50,000-riel banknote to celebrate king's birthday

The National Bank of Cambodia on Tuesday officially issued a new 50,000-riel banknote (in equivalent to 12.5 U.S. dollars) in order to mark King Norodom Sihamoni’s 61st birthday, which falls on May 14. A sub-decree on the issuance of the new banknote was endorsed by ...

Asean-China-Center
http://www.asean-china-center.org/english/2014-05/07/c_133316546.htm

Workers on strike to demand annual leave, administrator be ousted

Around 1,000 garment workers from a factory producing jeans in Bith Trang Special Economic Zone in Prey Nop district went on strike to protest against administration chief in their factory.   They also demanded the annual leave of 18-21 days per years, which were rejected by ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDc5ZDFkY2Q1MzB

Government urges land concession firms to respect law

Environment Minister Say Sam Al met with private firms with land concessions last week to gauge their compliance with government rules and regulations, and adherence to their own contracts. Amid mounting local and international pressure, Prime Minister Hun Sen in mid-2012 ordered a freeze on ...

Aun Pheap
http://www.cambodiadaily.com/news/government-urges-land-concession-firms-to-respect-law-57474/

Four offices to open for Thailand-bound workers

Four “one-stop” offices to process documentation for Cambodians seeking legal work in Thailand will open on Tuesday after the Ministry of Labor issued a directive last week outlining how the migration process will operate, according to the head of the Ministry of Interior’s passport department. Mao ...

Phorn Bopha
http://www.cambodiadaily.com/news/four-offices-to-open-for-thailand-bound-workers-64533/

Latest garment export figures show growth

Garment and footwear exports earned $3.92 billion over the first eight months of 2014, up more than 7 percent year-on-year, according to new figures from the Ministry of Commerce. The latest numbers show a slowdown after year-on-year earnings for the first six months of the year ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/business/latest-garment-export-figures-show-growth-69546/

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