New chairman of the Cambodia Rice Federation viewed with suspicion by local media; agenda will focus on raising rice quality, lower borrowing rates
The newly-formed Cambodia Rice Federation (CRF), a body that aims to unite the rice sector under one representative body in the country, just elected its first chairman and he happens to be the son of Cambodia’s deputy prime minister. He is also the CEO of ...
Oryza News Staff
http://oryza.com/news/rice-news/new-chairman-cambodia-rice-federation-viewed-suspicion-local-media-agenda-will-focus
Coca-cola guides ‘rebranding’ cambodia event
Commerce Minister Sun Chanthol evoked the late U.S. President John Kennedy on Friday at a seminar about “rebranding” Cambodia that quickly turned into a promotional event for Coca-Cola. ...
Matt Blomberg and Kang Sothear
https://www.cambodiadaily.com/news/coca-cola-guides-rebranding-cambodia-event-80912/
China company plans EV assembly in Cambodia
China Matrix Technology Group-Horche Intelligent Automobile plans to set up a unit to assemble electric vehicles in Koh Kong province, as per a virtual meeting on October 22. ...
Sok Sithika
https://www.khmertimeskh.com/501174221/china-company-plans-ev-assembly-in-cambodia/
Kingdom takes steps to attract milled-rice buyers
A nationwide survey was under way by the Ministry of Commerce’s Rice Exporter Union to measure Cambodia’s milled-rice industry in order to give international buyers an accurate picture of the Kingdom’s current capacity, insiders said yesterday. Although data for the survey was still being collected, those ...
Government urged to hasten amendment of investment laws
The government should speed up amendments to its investment laws ahead of two major business conferences set for next year when visiting foreign investors will get first-hand knowledge of the economy, the head of a local business association said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/government-urged-hasten-amendment-investment-laws
Cambodia needs to polish reputation
The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...
After record high, garment exports slow
As predicted by the International Monetary Fund and World Bank earlier this year, growth in Cambodia’s garment sector has started to slow due to weakening demand from markets in the US and Europe. According to the latest figures released by the Garment Manufacturers Association in Cambodia ...
Sugar company axes child labour
Rulling party Senator Ly Yong Phat’s Phnom Penh Sugar Company announced yesterday that it had amended its hiring policy to forbid contractors from employing children, while at the same time, opposition parliamentarian Mu Sochua made public her plans to visit the company to investigate its ...
http://www.phnompenhpost.com/2013011560790/National/sugar-company-axes-child-labour.html
Local palm oil exporter targets EU
Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...
http://www.phnompenhpost.com/2013040964951/Business/local-palm-oil-exporter-targets-eu.html
Land Concessions Now at 1.2 Million Hectares, Official Says
The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...
Companies aim to be socially minded
Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...
Project set to develop franchising
The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...
http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html
Royal Palace Road Closures Are Crippling Local Businesses
Owners of local businesses along six streets near the Royal Palace that have been closed to prevent excessive noise during the three-month mourning period for late King father Norodom Sihanouk said yesterday that the road blocks are having a negative impact on their trade. Gated roadblocks ...
In Need of Power, Phnom Penh Blacks Out
Rolling blackouts that plagued Phnom Penh this week were the result of the city’s power supply being unable to meet demand as the country moves into the hot season, officials at state-owned Electricite du Cambodge (EdC) said on Friday. Power Outages rolled over the city this ...
Lost Opportunities as Cambodian Labor Goes Abroad: Advocate
Even with an improved domestic job market, many Cambodian workers are seeking jobs overseas, despite the risks. This is mainly due to the government’s failure to get the word out, Moeun Tola, a labor advocate at the Community Legal Education Center, told “Hello VOA” Thursday. “We see ...
Accounting standards miss mark
The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/accounting-standards-miss-mark
HR forum sees role for digital technology
Business should embrace digital strategies that can improve the speed and efficiency of human resource management activities, speakers at a conference on the impact of digital transformation on human resources said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/hr-forum-sees-role-digital-technology
Government acts to end monopolies in abattoir business
In a bid to increase fair competition in the abattoir business, the Ministry of Agriculture issued a new directive last week that eradicates exclusive rights to operate abattoirs in Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/50109451/government-acts-end-monopolies-abattoir-business/
Cambodian officials, CEOs discuss country's economic future
Around 300 Cambodian government officials, business leaders, economists and researchers met in an international investment conference here on Monday to exchange views on the prospect of Cambodia’s economic development. ...
Xinuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/06/c_133695677.htm
Follow labour law effectively, employers told
The Ministry of Labour and Vocational Training has issued letters to employers reminding them to implement the Kingdom’s labour laws more effectively, especially concerning the seniority payment formula. ...
Long Kimmarita
https://www.phnompenhpost.com/national/follow-labour-law-effectively-employers-told