Banking on human resources
Acleda Bank, Cambodia’s largest bank, is morphing its existing training centre into a full-fledged educational institution, after obtaining a licence last month. The new institute will look to provide bachelor’s and master’s degrees in business administration, with majors in finance and banking. The Post’s Sorn ...
Sorn Sarath
http://www.phnompenhpost.com/business/banking-human-resources
Cambodia has no ambition to develop nuclear power plant: PM
Cambodian Prime Minister Hun Sen said Tuesday that the Southeast Asian nation has no ambition to develop a nuclear power plant, but wants to use nuclear technologies in agriculture, health, and animal breeds. The prime minister made the remarks during a meeting with Yukiya Amano, director ...
Global Times News Staff
http://www.globaltimes.cn/content/837562.shtml#.UtYhn9IW2ls
Cambodia seeks to boost investment from Australia
Ahead of Prime Minister Hun Manet’s scheduled visit to Australia next month, private sector along with relevant ministries and institutions are working on the modalities to attract investment partners from Australia and boost exports to Australia of semi-finished and processed products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501445998/cambodia-seeks-to-boost-investment-from-australia/
Mixed results for protesters
Two protests by garment factory workers in Phnom Penh yesterday achieved very different outcomes. One strike will continue today, but the other ended when company management agreed to workers’ demands. Din Sam Ath, president of the Cambodian Federation of Labour Unions, said the company would comply ...
http://www.phnompenhpost.com/index.php/2012031555047/National-news/mixed-results-for-protesters.html
Imports compete with domestic medicines
The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...
CDC to issue 35 project certificates in industries
The Council for the Development of Cambodia (CDC) has preliminarily issued final registration certificates for 35 projects with a combined investment capital of $444 million from January to the end of last month. Once operational, the projects are expected to provide more than 30,335 jobs. ...
Sok Chan
http://www.khmertimeskh.com/50298847/cdc-to-issue-35-project-certificates-in-industries/
Draft rubber law to reach Council of Ministers in 2019
The Ministry of Agriculture is now discussing the Rubber Law with industry players and plans to send a draft to the Council of Ministers for approval next year, according to a high-ranking official. ...
Sok Chan
https://www.khmertimeskh.com/50561136/draft-rubber-law-to-reach-council-of-ministers-in-2019/
Phay Siphan: Preah Sihanouk will become a second Singapore
Government spokesman Phay Siphan said on Monday that Preah Sihanouk province will become a second Singapore, as authorities were warned that its development, fuelled largely by Chinese investment, was coming at a cost to locals. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/phay-siphan-preah-sihanouk-will-become-second-singapore
Two more provinces to be able to issue certificates of origin
Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the website of their respective provincial commerce department. ...
May Kunmakara
https://www.khmertimeskh.com/50505079/two-more-provinces-to-be-able-to-issue-certificates-of-origin/
Cambodia is primed and open for business
On July 29, the Cambodian People’s Party (CPP) declared victory in the country’s general election. With the elections out of the way, Phnom Penh, once known as the “Pearl of Asia”, can again be viewed as a hub of opportunity, especially given Cambodia’s robust average ...
Kohe Hasan, Sin Soputhi and Billie Slott
https://www.businesstimes.com.sg/opinion/cambodia-is-primed-and-open-for-business
Tax, customs revenue hits $1.68B this year
Cambodia collected some $1.68 billion in revenue from customs and taxation during the first three months of this year, said Prime Minister Hun Sen. Speaking recently at the 18th Government-Private Sector Forum, he said revenue from the Kingdom’s customs fees accounted for about $668 million ...
Hor Kimsay
https://www.phnompenhpost.com/business/tax-customs-revenue-hits-168b-year
CDC to issue factory certificates
The Council for the Development of Cambodia granted permission for three more companies this month to build garment factories in Phnom Penh and in Takeo and Kampong Speu provinces. The three investment projects are worth about $10 million and will create about 3000 jobs. ...
Sum Manet
https://www.khmertimeskh.com/50303116/cdc-to-issue-factory-certificates/
Report: Kingdom’s total exports increase to $10 billion this year
The Kingdom’s total exports for this year increased more than 23 per cent from last year to $10.36 billion, led by garments and agro-products, according to the Ministry of Commerce’s annual report. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/report-kingdoms-total-exports-increase-10-billion-year
Development projects are given green light
Eleven development projects in the Kingdom were approved by the Council for the Development of Cambodia (CDC), bringing $297 million in total investment and more than 6,000 jobs to the Kingdom’s industry, according to a CDC press release posted on Facebook on Friday. ...
Post Staff
https://www.phnompenhpost.com/business/development-projects-are-given-green-light
Salt yields hampered by labour shortages
The Ministry of Industry and Handicrafts is holdings discussions with other ministries to find solutions to some of the challenges salt production faces in the Kingdom, particularly a shortage of labour and adverse weather conditions. Ministry spokesman Um Sotha told Khmer Times yesterday that the biggest ...
Chea Vannak
https://www.khmertimeskh.com/50608530/salt-yields-hampered-by-labour-shortages/
CDC approves $600m in investments
The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million. According to a post on CDC’s Facebook page yesterday, 11 projects were greenlighted on June 5-7, amounting to a total investment of $597 million. CDC estimates the projects will generate ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50612918/cdc-approves-600m-in-investments/
CDC approves $1.8B investment this year
The Cambodia Development Council (CDC) has approved more than $1.8 billion in investment projects during the first six months of this year, research by The Post has shown. According to its calculations, the CDC’s data shows that during the period from January to this week, ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-18b-investment-year
Conservation alliance to include local communities
The Environment Ministry is planning to create an alliance of civil and governmental bodies to step up the country’s management of natural resources and encourage conservation in local communities. ...
Pech Sotheary
https://www.khmertimeskh.com/50500686/conservation-alliance-to-include-local-communities/
Over 400 garment workers to protest
More than 400 workers are set to stage a protest for “fair compensation” on Monday against Now Corp, a garment factory in Kandal’s Ang Snuol district that allegedly terminated their contracts abruptly. On Wednesday, the workers went back to work after Now Corp suspended its ...
Long Kimmarita
https://www.phnompenhpost.com/national/over-400-garment-workers-protest
Warehouse space shortage brought to light
The Cambodia Chamber of Commerce (CCC) recently noted that investors are facing difficulties finding warehouse space to rent at special economic zones in the country. CCC’s vice president Lim Heng told Khmer Times that the rapid rise of investment going into the country has left little warehouse space ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50621941/warehouse-space-shortage-brought-to-light/