Factory ends strike after compromise
Workers at a Taiwanese-owned sandal factory in Kompong Cham province on strike since last week over an eight-point list of demands agreed to go back to work Tuesday after reaching a deal with management that included a monthly lunch stipend. A few hundred of the Carlington ...
Ben Sokhean
http://www.cambodiadaily.com/news/kompong-cham-factory-ends-strike-after-compromise-65261/
Cambodia and EU meet next week in Brussels
Ouch Borith, Secretary of State of Ministry of Foreign Affairs and International Cooperation of Cambodia, and Ugo Astuto, director of South and Southeast Asia of the European Union, will co-chair the 8th meeting of Cambodia-EU Joint Committee to strengthen relations and cooperation between Cambodia and ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjJlNTNjMzI1MzZ
Cambodia relies on ASEAN
Cambodia Association of Travel Agents says good connections and airline service from other ASEAN member countries will be the main driver to push tourism forward. The association president, Ang Kim Eang, said the increase in ASEAN travellers to Cambodia was driven by an expansion of direct ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/cambodia-relies-on-asean/
EU gives park protection
A huge area of Ratanakkiri province’s Virachey National Park has been declared a protected area under a European Union-funded plan that government officials say will shift forest communities away from dependence on depleted forest byproducts. Chhay Samith, head of protected natural areas at the Ministry of ...
Phak Seangly
http://www.phnompenhpost.com/national/eu-gives-park-protection
Remittances dip on exodus
Two of Cambodia’s largest financial service providers have reported declines in transactions stemming from key Thai border provinces as thousands of undocumented migrant workers continue to exit the neighbouring country. Third-party payments and remittance service Wing has seen a 3 per cent decline in the amount ...
Eddie Morton
http://www.phnompenhpost.com/business/remittances-dip-exodus
Benefits there for the taking
Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised ...
Daniel de Carteret
http://www.phnompenhpost.com/business/benefits-there-taking
Gov’t bans alcohol ads to reduce traffic deaths
Television and radio stations will be barred from broadcasting advertisements for alcohol during the primetime 6 p.m. to 8 p.m. slot beginning next month, as part of the government’s effort to reduce the number of fatalities resulting from drunk driving, officials at the Ministry of ...
Unlicensed lenders called out
Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry of Economy and Finance and the National Bank of Cambodia on Monday, authorities ...
Hor Kimsay
http://www.phnompenhpost.com/business/unlicensed-lenders-called-out
Growing pains, as capital keeps expanding
Phnom Penh is one of the fastest-growing cities in Southeast Asia. It added nearly 500,000 people between 2000 and 2010, for a total of 1.4 million. That has meant a lot of changes in a short period: more congestion, more markets, more housing. And, newcomers ...
Phorn Bopha,
http://www.voacambodia.com/content/growing-pains-as-capital-keeps-expanding/2630483.html
After prolonged protest, villagers win back land
Land Management Minister Im Chhun Lim intervened in a high-profile land dispute between villagers from Kratie province’s Snuol district and a South Korean agribusiness firm over the weekend, announcing Saturday that the contested 1,562-hectare tract would be taken back from the company and awarded to ...
Aun Pheap and George Wright
http://www.cambodiadaily.com/news/after-prolonged-protest-villagers-win-back-land-67344/
Poll shows increased dissatisfaction with government
An increasing number of Cambodians are dissatisfied with the direction the country is moving toward, according to results from a nationwide survey by the Asia Foundation. The foundation interviewed 1,000 people face to face in May and June of this year—prior to a political deal struck ...
Phorn Bopha
http://www.voacambodia.com/content/poll-shows-increased-dissatisfaction-with-government/2561243.html
Renaissance Minerals to raise $2.2m for Cambodian gold quest
Renaissance Minerals (ASX: RNS) will increase its cash position to further develop its Cambodian Gold Projects, after receiving firm commitments for the placement of 44 million shares at $0.05 to raise $2.2 million. Renaissance will now be funded to advance its wholly-owned Cambodian Gold Project, where ...
PPWSA shuffle no surprise
Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...
http://Phnom Penh Water Supply Authority shuffle no surprise
IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021
The International Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of 1.0 percent this year before surging 8.5 percent next year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50714379/imf-sees-cambodia-registering-a-combined-gdp-growth-of-one-percent-this-year-and-to-expand-to-8-5-percent-in-2021/
Chinese and Cambodian Armed Forces Joined Hands in Fighting COVID-19
On April 25, 2020, the Chinese Air Force transport plane, loaded with anti-pandemic materials, landed at Phnom Penh Airport again, bringing deep affection and good wishes from the 1.4 billion Chinese people and 2 million Chinese People’s Liberation Army officers and soldiers. ...
Li Jingfeng
https://www.khmertimeskh.com/50718168/chinese-and-cambodian-armed-forces-joined-hands-in-fighting-covid-19/
Government to re-examine traffic law
Following a troubled rollout of the January 1 Traffic Law, the government announced yesterday in a press conference that an inter-ministerial team has been established to determine what amendments will be made in reaction to widespread criticism from the public and civil society. ...
Lay Samean
http://www.phnompenhpost.com/national/government-re-examine-traffic-law
AMRO lowers further Cambodia’s economic growth
According to the news released from Singapore, Cambodia’s economic growth this year has been forecasted to drop from previous prediction (April) of 2.7 percent this year, and 6.8 percent next year to -1.8 percent this year and 6.5 next year. ...
Heng Panha /AKP
https://www.khmertimeskh.com/50752710/amro-lowers-further-cambodias-economic-growth/
Bank backs eco-friendly farming
Ibis Rice Conservation Co Ltd (IBIS Rice) has signed a financing agreement with South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) to support 1,500 smallholder farmers to grow organic wildlife-friendly jasmine rice, which will help protect endangered species while also earning a premium price for ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/bank-backs-eco-friendly-farming
ACU receives 20K asset declarations
The Anti-Corruption Unit (ACU) said it had received nearly 20,000 declarations of assets and liabilities from officials across all ministries and provincial administrations in a period of just 10 days, from January 1 to 10. ...
Nov Sivutha
https://www.phnompenhpost.com/national/acu-receives-20k-asset-declarations
Third Ring Road 50 percent complete
The construction of the $300 million third ring road was 50 percent complete as of early May and is scheduled to be finished next year, according to the Ministry of Public Works and Transport’s spokesman Heang Sotheayuth. The 52 kilometre road stretches from National Road ...
Chea Vanyuth
https://www.khmertimeskh.com/50857557/third-ring-road-50-percent-complete/