$30M credit guarantee scheme for rice inked
The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501487226/30m-credit-guarantee-scheme-for-rice-inked/
Women’s success key to Cambodia’s growth, says Ratha
With women constituting 61 percent of entrepreneurs in Cambodia, including 62 percent of micro-sized businesses and 26 percent of small and medium-sized enterprises (SMEs), their success is crucial to the growth of the economy, said Chea Ratha, Secretary of State, Ministry of Commerce, recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501533923/womens-success-key-to-cambodias-growth-says-ratha/
Kingdom’s bourse missing some magic
At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062166422/Business/kingdom-s-bourse-missing-some-magic.html
Cambodia’s bourse sees record low volume
In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume
Cambodian Opposition Chief Under Fire for US Trip Amid Crisis
Cambodian opposition leader Sam Rainsy has left for the United States to attend his daughter’s wedding, triggering criticism at home that he was leaving the country in the midst of a political crisis following disputed national elections. Sam Rainsy announced at a mass rally at Freedom ...
http://www.rfa.org/english/news/cambodia/trip-08072013184422.html
Oz an example for mining reform
Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...
Eddie Morton
http://www.phnompenhpost.com/business/oz-example-mining-reform
Cambodia and Malaysia Swap Proposals on Maid Agreement
The negotiations between Cambodia and Malaysia over a bilateral agreement on improved working conditions for Cambodian migrant maids are slowly progressing as both governments are exchanging draft agreements, according to officials from both countries. Ministry of Labor Secretary of State Othsman Hassan said that Cambodia recently ...
Fixed-Duration Contracts Threaten Garment Industry
Cambodia’s garment sector is in danger of losing its reputation for adherence to international labor standards because of the widespread use of “abusive temporary labor contracts,” according to a report released by Yale Law School on Wednesday. “Cambodian garment manufacturers have adopted the practice of ...
Exports to be unaffected by debt crisis
As Cambodian exports continue to grow, commerce officials predict sovereign debt crises in the United States and Europe will not threaten the sector. Total exports surged by more than 46 per cent to US$2.677 billion in the first seven months of the year, compared to ...
Informal Pharmacies Continue To Operate Despite Crackdown
There are no reliable figures on the number of illegal pharmacies operating nationwide, but the government insists that the problem is a thing of the past. At the launch of an anti-drug campaign at the US Embassy in Phnom Penh on Monday, Chou Yin Sim, secretary ...
Hu's visit in Cambodia boosts ties
The upcoming visit of Chinese president Hu Jintao to Cambodia next week will build closer ties between the two countries, China and ASEAN as the visit is coincided with the 20th ASEAN Summit, said a senior official Sunday. The visit will also create more confidence among ...
http://en.ce.cn/National/Politics/201203/26/t20120326_23188224.shtml
Officials set for murder probe
The prime minister has selected 14 senior officials – all members of the ruling party – to probe the cold-case murders of three union leaders, including Free Trade Union (FTU) president Chea Vichea, though scepticism remains about the timing and motivation behind the new investigation.According ...
Meas Sokchea
http://www.phnompenhpost.com/national/officials-set-murder-probe
Government to nominate national parks for heritage list
The government will nominate a national park and a bird sanctuary into the Asean Heritage list next year as they are abundant with biodiversity and wildlife, according to environment ministry officials. Srun Darith, a secretary of state at the Environment Ministry, said the ministry is ...
Sun Mesa
https://www.khmertimeskh.com/50666782/government-to-nominate-national-parks-for-heritage-list/
Re-hired OFWs for HK, Brunei, Cambodia may use multiple exit clearances
Overseas Filipino workers in Hong Kong, Brunei and Cambodia who need to shuttle between these countries and the Philippines can now avail themselves of the multiple travel exit clearance (MTEC), according to the Philippine Overseas Employment Administration (POEA). The Memorandum Circular No. 7 issued by POEA ...
Hun Sen Says Chinese Companies Not Favored, Just Served
Prime Minister Hun Sen yeserday lauded his government’s strong ties with China but said Cambodia does not give Chinese any preferential treatment. Mr. Hun Sen was speaking at the inauguration of the $47.1 million Kirirom III hydropower dam in Koh Kong province’s Sre Ambel District- constructed ...
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
Cargo at Phnom Penh Port Jumps 15.24 Percent
The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...
New flights between Sihanoukville and Phnom Penh to be launched soon
New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...
Hun Sen promotes price lists for public institutions
Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...