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US Embassy: Chinese trade does not help like the West’s

The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do ...

Long Kimmarita
https://www.phnompenhpost.com/national/us-embassy-chinese-trade-does-not-help-wests

Nearly 70 killed or hurt by UXOs this year

Sixty-seven people were killed or injured by mines and unexploded ordnance during the past nine months and three weeks. The Cambodian Mine Action and Victim Assistance Authority said that from January until October 17, there were 47 cases, 21 from landmines and 26 from UXOs. “So ...

Mom Kunthear
https://www.khmertimeskh.com/50652667/nearly-70-killed-or-hurt-by-uxos-this-year/

Sesan firm promises to build schools, roads

The Hydro Power Lower Sesan II Company Ltd has agreed to build infrastructure for 70 ethnic Lao families in Srekor village who refused to relocate after the controversial Sesan II Dam project went online in Stung Treng province last September. The company said construction will ...

Oung Dane
https://www.phnompenhpost.com/national/sesan-firm-promises-build-schools-roads

Newbill meets Chamroeun

US embassy Deputy Chief of Mission Michael Newbill met with Preah Sihanouk provincial governor Kuoch Chamroeun on Wednesday to strengthen cooperation as the US wants to bring investors to the province. ...

Khorn Savi
https://www.phnompenhpost.com/national/newbill-meets-chamroeun

Money launderer’s dream

Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...

Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream

Better infrastructure needed for trade: study

Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/better-infrastructure-needed-trade-study

Thais increase migrant wages

The Thai Labor Ministry has increased the minimum wage for Cambodian migrant workers since the start of the year, however civil society officials say there are both pros and cons to the salary increase.A notice published yesterday and signed by Labor Minister Ith Samheng, who ...

Mom Kunthear
http://www.khmertimeskh.com/news/36474/thais-increase-migrant-wages/

Hun Sen urges Philippine investment for ailing rice sector

Prime Minister Hun Sen said on Monday he had urged Philippine President Rodrigo Duterte to invest more heavily in Cambodia’s rice sector, while also acknowledging the need to lower rice processing costs and find new export markets to boost the competitiveness of Cambodia’s most important ...

Kuch Naren
https://www.cambodiadaily.com/news/hun-sen-urges-philippine-investment-for-ailing-rice-sector-127867/

Nearly 50 civil society groups back activists

In a joint statement, 48 civil society organizations have urged the Appeal Court to overturn a ruling by the Koh Kong Provincial Court in a case against three Mother Nature activists. The statement says the three activists are not criminals,but brave environmental protectors who had contributed ...

Taing Vida
http://www.khmertimeskh.com/news/34920/nearly-50-civil-society-groups-back-activists/

Acleda to be listed on CSX

Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx

Coal-fired power plant to come online in S’ville this month

A 135-megawatt coal-fired power plant will start producing energy this month in the coastal province of Preah Sihanouk, according to a high-ranking energy official. The plant is seen as an important element in the government’s strategy to deal with the current energy shortage. ...

Chea Vannak
https://www.khmertimeskh.com/50666710/coal-fired-power-plant-to-come-online-in-sville-this-month/

Customs to get easier for certified firms

Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...

Report Urges Better Factories to do more

Better Factories Cambodia must name and shame garment factories that abuse the labour law if it is to transform Cambodia into an ethical sourcing option, a report on the International Labor Organization initiative says. Better Factories should make monitoring reports public, according to the 10 Years ...

http://www.phnompenhpost.com/index.php/2012090358449/National-news/report-urges-better-factories-to-do-more.html

Luxury Hotel Resort Threatens Bokor Mountain's Biodiversity

An ongoing project to build hotels, luxury villas and a casino on Kampot province’s Bokor Mountain is a threat to the area’s unique animal and plant species, according to two new studies. Local conglomerate Sokimex Group has been granted property development rights on the entire mountain, ...

Villagers facing re-eviction

Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...

http://www.phnompenhpost.com/index.php/2012092658910/National-news/villagers-face-eviction-again-in-phnom-penh.html

Group awaits eviction No. 2

Families in the capital’s Por Sen Chey district face a tense morning as they prepare for the familiar sound of authorities moving in to evict them. Nineteen families in Andong village were told in a letter from district authorities that today was the deadline for them ...

http://www.phnompenhpost.com/index.php/2012100359062/National-news/group-awaits-eviction-no-2.html

PM says economy to grow by 7 per cent

Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of  7 per cent growth and the latest forecast showed that the inflation rate ...

http://www.phnompenhpost.com/index.php/2012103159495/Business/pm-says-economy-to-grow-by-7-per-cent.html

Union representatives summoned

Union leaders representing workers on strike at the Tropicana Casino and Resort were served with a summons by the Banteay Meanchey provincial court yesterday after a complaint by the casino’s management. The court summons came around the time Sum Sam Ith, the Tropicana representative, sent ...

http://www.phnompenhpost.com/index.php/2012121160209/National-news/union-representatives-summonsed.html

Think Tank Says Investment Needed to Balance Growth

Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. ...

http://www.cambodiadaily.com

Partners Help Urban Food Security Project In Phnom Penh

PHNOM PENH: Fisheries Administration and FAO launch the Inception Workshop on Micro and Small Enterprise Development to Achieve Food Security, Food Safety and Self Reliance for Urban Poor in Phnom Penh, citing that it will help local community. At the workshop, H.E. Kao Sochivy, deputy director general of fisheries department said: “urban food security project ...

http://thesoutheastasiaweekly.com

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