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Furniture exports decrease by almost 29% on-year to $164M in January-April

Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million, according to provisional Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/furniture-exports-decrease-almost-29-year-164m-january-april

Phnom Penh Gains Partnership With Tennessee City

The Phnom Penh Municipality and delegates from Cleveland, Tennessee, yesterday signed a memorandum of understanding to establish sister-city status, officials said. “While we are welcoming [the delegates], there are people outside who are demanding that we solve their housing problems,” said Phnom Penh Governor Kep ...

http://www.cambodiadaily.com

Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market

Roads around Tonle Sap to be upgraded

The Ministry of Rural Development plans to pave 1,200 kilometres of dirt roads across nine provinces surrounding the Tonle Sap this year, in a $120 million bid to improve the lives of rural farmers and reduce migration.​ The roads are to connect rural areas to ...

Chan Muyhong
http://www.phnompenhpost.com/business/roads-around-tonle-sap-be-upgraded

Angkor Air forecasts first loss

AFTER finishing in the black every year since its launch in 2009, Cambodia’s flagship airline is forecasting a loss for the first time, in a situation that an industry analyst has described as “not necessarily typical”. Cambodia Angkor Air’s (CAA) loss is projected to span two ...

http://www.phnompenhpost.com/2013030661776/Business/angkor-air-forecasts-first-loss.html

City to Assess Damage to Riverside Buildings

Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...

BRI projects not to lead Cambodia into debt trap

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/

Water Supply Stock Falls Back to Initial Value

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...

Internet Cafes, Phone Kiosks Told to Install Security Cameras

The government has instructed the owners of all venues providing Internet and telephone access to the public to install security cameras on their premises to record the identity of users in an effort to crack down on terrorism and cyber-crime, states a government directive obtained ...

Unions tout ‘living wage’ ahead of minimum wage talks

Unions meeting on Friday arrived at an estimated cost-of-living salary for garment workers ahead of minimum wage talks, one remarkably similar to the monthly wage they’ve demanded two years running, though suggested the final number they push for will be higher. ...

Sen David and Erin Handley
http://www.phnompenhpost.com/national/unions-tout-living-wage-ahead-minimum-wage-talks

Malaysia and Cambodia sign trade MOU

A Memorandum of Understanding (MoU) has been signed between Matrade and the Cambodia Chamber of Commerce, said Malaysian International Trade and Industry minister Datuk Seri Mustapa Mohamed. ...

Victoria Brown
http://www.thestar.com.my/news/nation/2016/08/09/malaysia-cambodia-trade-mou/

Alliance to disburse $2 million to buy paddy rice, help exports

The Alliance of Rice Producers Exporters of Cambodia (ARPEC) will release US$2 million after December 15th to its members in nine provinces so they can buy paddy rice before the harvest season ends and stocks been depleted. He said the pay out is being drawn from ...

http://www.phnompenhpost.com/

Union warns of general strike if wage hike too small

The Cambodian Confederation of Unions warned Thursday of a general strike if proposed increases in monthly salaries are too small. “Cambodia will have a big strike exploding across all clothing and footwear factories if minimum wages are raised by only 10 percent from the basic $61,” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjU1ZTNmYzkyMzYzZTNjOTU3ZTEzOTFhM2ZmOGE4

Rise of the bureaucrats

When the ruling Cambodian People’s Party promised civil servants a pay rise earlier this year, some suggested it was also trying to give them a reason to vote for it in July’s national election. The 20 per cent increase came amid the opposition Cambodia National Rescue ...

Daniel Pye and Sen David
http://www.phnompenhpost.com/national/rise-bureaucrats

Labour Ministry told to keep SL talks alive

In a letter sent to the Ministry of Labour and Vocational Training last week, the Council of Ministers encourages the ministry to facilitate talks between garment factory management and the union representing thousands of workers on strike for nearly two months. The letter, written by Council ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/labour-ministry-told-keep-sl-talks-alive

SL Workers Demand Representatives Reinstated

About 200 workers protested outside SL Garment Factory in Phnom Penh’s Meanchey district Wednesday demanding that managers reinstate 19 union representatives before a 15-day deadline set by the government elapses. The Council of Ministers has ordered the factory to rehire the fired unionists or face punitive ...

Mech Dara
http://www.cambodiadaily.com/news/sl-workers-demand-representatives-reinstated-47539/

Prison Department Told to Tackle Overcrowding

The Ministry of Interior’s general department of prisons has been advised to address prison overcrowding and transportation issues between prisons and courts as it begins to tackle its 2013 to 2018 strategic plan for the country’s jails. The advice was given at the start of a ...

Lauren Crothers and Kuch Naren
http://www.cambodiadaily.com/news/prison-department-told-to-tackle-overcrowding-48734/

Officials to head to US for adoption training

Cambodia’s long-awaited resumption of international adoptions will soon take another tenuous step forward with a US State Department program that will see local adoption officials flown to the United States for training. The initiative, pegged an “informational visitor’s program”, follows on the heels of a January ...

Amelia Woodside
http://www.phnompenhpost.com/national/officials-head-us-adoption-training

GMAC boycotts workshop on minimum wages

A would-be tripartite workshop intended to improve the garment sector’s minimum wage setting process closed Friday, with the industry’s most influential player, the Garment Manufacturers Association in Cambodia (GMAC), boycotting the talks at Phnom Penh Hotel. The two-day workshop would have been the first meeting between ...

Matt Blomberg
http://www.cambodiadaily.com/news/gmac-boycotts-workshop-on-minimum-wages-57430/

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