Beehive Social Democratic Party votes in Phat Sikan as president
Cabinet chief Phat Sikan was elected as the new president of the Beehive Social Democratic Party after the party held a congress on Sunday in Kandal province. Mr Sikan, 64, was elected to lead BSDP at the congress in Kien Svay district’s Koki commune, attended by ...
Khy Sovuthy
http://www.khmertimeskh.com/5096715/beehive-social-democratic-party-votes-phat-sikan-president/
Cambodia negotiates reopening of informal Vietnam border crossings
Ratankkiri provincial authorities are trying to resolve a border dispute with Vietnam, urging the Vietnamese to reopen four recently blocked border crossings, according to National Police spokesman Kirth Chantharith. The conflict originated when Cambodia rejected Vietnam’s proposal to build four new, formal border checkpoints, only accepting ...
Phnom Penh airport train to start on April 10
The new rail line between Phnom Penh International Airport and the railway station on Monivong Boulevard is scheduled to open on April 10, according to government and Royal Railways officials. Hoeurn Somnieng, deputy director of the cabinet at the Ministry of Public Works and Transport, said ...
Hor Kimsay
http://www.phnompenhpost.com/business/phnom-penh-airport-train-start-april-10
Thailand, Cambodia launch direct bus services linking Bangkok, Phnom Penh
Poipet – Thailand and Cambodia on Thursday launched direct bus services linking Bangkok and Phnom Penh via the Aranyaprathet-Poipet border crossing, aiming to cut transportation costs, MOCT reported on June 15. Transport Minister Jarupong Ruangsuwan and Cambodian Public Works and Transport Minister Tram Iv Tek and representatives of the Asian Development Bank (ADB) co-presided at the ...
Investors speculating on Phnom Penh condos
While the scores of new condominium properties appearing in Phnom Penh are selling well, their buyers are mainly speculators hoping to make quick profits, a leading property firm said. A report by international realty group CB Richard Ellis (CBRE), distributed Wednesday, says that the city’s property market in ...
Cambodia secures $11bn funding to boost iron exports
Work will start this year on a 400km railway line and a new seaport in Cambodia, with most of the funding coming from Chinese sources. Cambodia Iron and Steel Mining Industry Group (CISMIG) and China Railway Major Bridge Engineering have signed an agreement to jointly invest ...
ADB Report Says Cambodia Must Train More Skilled Workers
Cambodia is in need of more skilled workers in order for the economy to grow and move beyond basic manufacturing jobs, the Asia Development Bank (ADB) said in a new report. “The skills demand in Cambodia is for low-skilled workers, and this demand reinforces the current ...
Vietnam raises minimum pay
A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...
Acleda seeks bidders for ATM drive
Cambodia’s largest commercial bank, Acleda, plans to install 30 automatic teller machines (ATMs) this year as the bank expects about a million new depositors during the coming year. Acleda president and chief executive In Channy told the Post yesterday additional ATMs would be installed in Phnom ...
http://www.phnompenhpost.com/2013030461728/Business/acleda-seeks-bidders-for-atm-drive.html
Direct flights from Ha Noi to Cambodia
Travelers bound for Cambodia can now take direct flights from Ha Noi to both Phnom Penh and Siem Reap via new routes launched by Cambodia Angkor Air. Along with the official opening of a representative office in Ha Noi late last month, Angkor Air ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDEzMWUxZmJiOTh
UD Trucks to arrive in Kingdom
Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...
Chhim Sreyneang
http://www.phnompenhpost.com/business/ud-trucks-arrive-kingdom
French give $26 million for irrigation
The French Agency for Development will provide $26 million in loans to the Cambodian government to rehabilitate irrigation systems across three provinces in the northwest. Speaking at the signing ceremony for the deal yesterday, Aun Pornmoniroth, the Minister of Economy and Finance, said the new systems ...
Chan Muy Hong
http://www.phnompenhpost.com/business/french-give-26-million-irrigation
Strikes still on in some provinces
Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...
Mom Kunthear
http://www.phnompenhpost.com/national/strikes-still-some-provinces
Sacked bus drivers petition Labor Minster
A group of bus drivers and representatives of the Cambodian Labor Confederation (CLC) on Tuesday submitted a petition to Labor Minister Ith Sam Heng to intervene in their dispute with the Sorya Bus Transportation Company. At least eight drivers were fired last week shortly after they ...
Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/sacked-bus-drivers-petition-labor-minster-57092/
Six more offices to open for Thai-bound workers
Passport offices will be set up in six more provinces in an effort to ease the remigration process for Cambodian workers heading back to Thailand, according to a Ministry of Interior official. Mao Chandara, director of the Ministry of Interior’s passport department, said the new offices ...
Phorn Bopha
http://www.cambodiadaily.com/news/six-more-offices-to-open-for-thai-bound-workers-64806/
Guards tell vendors it’s time to go
More than 100 vendors from Phe Leu market in Kratie town protested yesterday after they arrived at work to find security guards refusing to let them sell at their usual spots, vendors said. More than 20 unarmed guards blocked the protesters, forcing them to set up ...
Sen David
http://www.phnompenhpost.com/national/guards-tell-vendors-it%E2%80%99s-time-go
Ministry reiterates holiday pay
The Ministry of Labour has announced that factory managers must allow employees three days off for Khmer New Year, even as some union leaders encourage workers to extend that time. In a letter to factory owners dated March 25, Labour Minister Ith Sam Heng reminds owners ...
Mom Kunthear
http://www.phnompenhpost.com/national/ministry-reiterates-holiday-pay
Japanese firm signs agreement with bank
Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, Saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-firm-signs-agreement-bank
GMAC calls for halt to ongoing protest in Bavet’s Special Economic Zone
Garment Manufacturers Association in Cambodia (GMAC) appealed to Labor Minister Ith Samheng, and relevant institutions to immediately stop ongoing protests at Tai Seng and Manhattan Special Economic Zone in Svay Rieng’s Bavet town. Workers led by Mr. Pav Sina, President of Collective Unions of Movement of ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzcxYmUyMDJlMTl
Amret MFI gets $10M loan to aid SME reach
Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...
Hor Kimsay
http://www.phnompenhpost.com/business/amret-mfi-gets-10m-loan-aid-sme-reach