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Royal Group affirms its commitment to ANZ

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/

For Union Leader on Run, Militant Attitude Prevails

Tax revenue increased 9.5 percent to $353.46 million in the first quarter of the year, compared to the same period last year, according to a statement released Friday by the Ministry of Finance’s general department of taxation. Kong Vibol, general director of the taxation department, said ...

Hul Reaksmey
http://www.cambodiadaily.com/business/tax-revenue-up-9-5-percent-in-first-quarter-58489/

Northeast primed for colonisation: Rainsy

Cambodia National Rescue Party president Sam Rainsy yesterday called on residents in the northeast provinces to defend their land lest the area be turned into a Vietnamese “colony”. Rainsy’s comments were quickly condemned by both the Cambodian and Vietnamese governments. Speaking to hundreds of people in Mondulkiri ...

Meas Sokchea
http://www.phnompenhpost.com/national/northeast-primed-colonisation-rainsy

135,000 Cambodian migrants flee Thailand as junta targets illegal foreign workers

An estimated 135,000 Cambodian migrant workers have been deported from or fled Thailand since early this month after the Thailand’s new military government rounded up illegal migrant laborers, a senior official said Sunday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/15/c_133409329.htm

Ebola measures have been taken, gov’t tells investors

As world leaders vowed to dramatically step up the global response to the Ebola virus this week, the Cambodian government sought to reassure investors that they are making adequate preparations to contain an outbreak in the Kingdom. Speaking at an American Chamber of Commerce luncheon yesterday, ...

Daniel de Carteret
http://phnompenhpost.com/post-weekend/ebola-measures-have-been-taken-gov%E2%80%99t-tells-investors

Police arrest 17 Bangladeshis wanted for human trafficking

A yearlong investigation by immigration police culminated in the arrest on Saturday of 17 Bangladeshi men hiding in Phnom Penh and Poipet City to avoid charges of human trafficking in their home country, police said Sunday. Three of the fugitives, arrested   at a guesthouse in Phnom ...

Ben Sokhean
http://www.cambodiadaily.com/news/police-arrest-17-bangladeshis-wanted-for-human-trafficking-72876/

Hun Sen announces raises for teachers, nurses

Prime Minister Hun Sen yesterday announced a three-stage plan to raise the salaries of civil servants working under the Education and Health ministries, with the first increase to come in September. Speaking to graduating students at Beltei University in Phnom Penh, Mr. Hun Sen said that ...

Khy Sovuthy
http://www.cambodiadaily.com/news/hun-sen-announces-raises-for-teachers-nurses-67017/

Garment factories, unions edge closer to wage deal

Some of the unions that have been demanding a hefty $77 raise to the current monthly minimum wage of $100 for the country’s garment workers said Thursday they were willing to go as low as a $35 increase, though others refused to budge. ...

Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/garment-factories-unions-edge-closer-to-wage-deal-70154/

Rice federation seeking loan

The Cambodian Rice Federation (CRF) is seeking financing from China’s Export-Import Bank (Ex-Im) to build much-needed infrastructure such as warehouses and drying facilities to hopefully increase milled rice export capacities. Sok Puthyvuth, president of the CRF told the Post yesterday that the CRF had set up ...

May Kunmakara
http://phnompenhpost.com/business/rice-federation-seeking-loan

Ire raised over Kotop employees’ dismissal

Unionists reacted angrily yesterday to the firings of more than 50 workers at a Phnom Penh garment factory who were let go in the wake of a 15-day strike. Collective Union of Movement of Workers (CUMW) president Pav Sina said he would issue letters to the ...

Mom Kunthear
http://www.phnompenhpost.com/national/ire-raised-over-kotop-employees-dismissal

UN human rights envoy wants quick solution to montagnard situation in Cambodia

A United Nations human rights expert has called for a speedy solution to the situation of the Montagnards from Vietnam still hiding in the forests of northeastern Cambodia, after crossing the border to escape alleged persecution. About 13 of the 50 Montagnards—Christian indigenous people from ...

Ratha Visal
http://bit.ly/18FL4z8

Gov’t urged to halt building collapses, protect workers

Civil society organisations (CSOs) have urged the government to take preventative measures and tougher action following a series of tragic building collapses that have claimed nearly 70 lives since last year. The call was made during a conference jointly organised by the Centre for Alliance ...

Voun Dara
https://www.phnompenhpost.com/national/govt-urged-halt-building-collapses-protect-workers

Eight charged, jailed over gateway arson

Eight men who were arrested last week for their alleged involvement in the arson of a decorative gateway built for the Angkor Sankranta New Year festival in Siem Reap City were charged Friday and sent to the provincial prison, officials said Sunday. ...

Ouch Sony
https://www.cambodiadaily.com/news/eight-men-charged-jailed-over-gateway-arson-in-siem-reap-81938/

Single Portal records 10,536 companies in just 19 months

A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single Portal, in the 19 months since its launch in mid-2020. ...

Hin Pisei
https://www.phnompenhpost.com/business/single-portal-records-10536-companies-just-19-months

Joint statement by the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) on some crypto-related platforms

On 12 November 2022, the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) issued a joint statement on some crypto-related platforms.All three associations and its members deny this advertisement and confirm no affiliation with PAYEER or ...

Association of Banks in Cambodia (ABC)

Download: pdf

Trade spurt seen after PM’s Laos state visit

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit

Press release on Japan to offer grant to expand water supply system

On 22 February 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Japan to offer grant to expand water supply system.His Excellency PRAK Sokhonn and His Excellency TAKEI Shunsuke will sign the Exchange of Notes on the extension of Japanese ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

CPP Parliament Approves Two Ministers, 2014 Budget

CPP lawmakers including Prime Minister Hun Sen unanimously voted Friday for their party members, Suy Sem and Cham Prasidh, to become heads of the newly created Ministry of Mines and Energy, and the Ministry of Industry and Handicrafts, respectively. The 67 ruling-party parliamentarians present also approved ...

Kuch Naren
http://www.cambodiadaily.com/news/cpp-parliament-approves-two-ministers-2014-budget-49542/

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