Most are OK with the new wage, not all
After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith Sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ...
Mom Kunthear
http://phnompenhpost.com/national/most-are-ok-new-wage-not-all
Flag of convenience scheme retired
The days of cocaine smuggling, illegal fishing and human trafficking using ships bearing the Cambodian flag appear to have come to an end as government officials claim that, as of today, all foreign-owned ships operating through Cambodia’s “flag of convenience” scheme must be stripped of ...
Kali Kotoski
http://www.phnompenhpost.com/business/flag-convenience-scheme-retired
Cambodian Rubber Exports Increase 84%
Rubber exports from Cambodia increased 84 percent in the first six months of 2011 compared to the same period last year, according to figures released by Camcontrol, the government’s import-export inspection agent. Cambodia exported 21,511 tons of rubber, worth $102 million, during the first half ...
Migrant workers delayed
The Association of Cambodian Recruitment Agencies (ACRA) has delayed in sending 2,000 Cambodians to Qatar due to a lack of information about safety. The Ministry of Labour of Qatar has provided insufficient information regarding worker safety according to An Bunhak, the ACRA director. ACREA intends ...
http://www.phnompenhpost.com/index.php/2011072750659/National-news/migrant-workers-delayed.html
245,500 tons of rubber per year to be collected by 2020
Rubber production in Cambodia is expected to increase by 245,500 tons per year by 2020, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). MAFF Minister Chan Sarun said on Aug 30 that Cambodia will have 365,000 hectares for rubber production as the amount ...
Kingdom plans flood relief spend
Cambodia plans to spend nearly US$200 million to rebuild after the worst floods in a decade hit the country in September and October. The floods require an immediate response, Minister of Economy and Finance Keat Chhon said yesterday at a meeting of the Council for the ...
http://www.phnompenhpost.com/index.php/2011111652772/Business/kingdom-plans-flood-relief-spend.html
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
Hun Sen Ends Tonle Sap Fishing Lot System
Prime Minister Hun Sen said yesterday that he would permanentlycance all 35 fishing lots on the Tonle Sap lake – which had already been suspended in recent months – and turn them into a conservation zone to protect the lake’s pressurized wild fisheries, on which ...
Fight Illegal Logging From Top, World Bank Says
Echoing longstanding calls from conservation groups, the World Bank says in a new report today that governments need to look past low-level criminals to tackle illegal logging and to follow the money the illicit trade generates instead. That trade of illegal logging generates up to $15 ...
Fasmec brings in website for SMEs
Cambodian entrepreneurs who are members of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), can soon display and sell their products on a new shopping website, thanks to a partnership with London-based Sram & Mram Resources Ltd. ...
Hor Kimsay
https://www.phnompenhpost.com/business/fasmec-brings-website-smes
Cambodia working to resolve South China Sea disputes: FM
Cambodia’s foreign minister, Prak Sokhon, has said that the country is working behind the scenes to mediate disputes between its ally China and partners in the Association of Southeast Asian Nations over the South China Sea. ...
Hul Reaksmey
http://www.voacambodia.com/a/cambodia-working-to-resolve-south-china-sea-disputes-foreign-minister/3440442.html
Unions, GMAC at the table
Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...
Lay Samean and Ananth Baliga
http://www.phnompenhpost.com/national/unions-gmac-table
Ministry screening Rio athletes for Zika virus
Cambodian athletes are being screened for Zika after returning from the Olympics in Rio de Janeiro, and health officials will monitor their health for two weeks in order to minimise any possible transmission, an official with the Ministry of Health said yesterday. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-screening-rio-athletes-zika-virus
Workers ask for help after factory closed
About 1,000 workers and employees of the Victco Handbags Cambodia Industrial factory, an Adidas supplier before it abruptly suspended operations earlier this year, marched in Kampong Speu’s Samrong Tong district to the provincial hall yesterday morning to deliver a petition. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25286/workers-ask-for-help-after-factory-closed/
Thai bilateral trade falls
Bilateral trade between Cambodia and Thailand fell by about 15 percent in the first four months of the year, compared to the same period last year, due to the Kingdom’s decreasing imports of oil, food and beverages from its neighbor. ...
Sok Chan
http://www.khmertimeskh.com/news/26325/thai-bilateral-trade-falls/
Research shows full reach of indigenous population
Cambodia’s indigenous groups populate much more of the country than was previously known, but many are also at risk of disappearing, according to yet-to-be-published research. ...
Cristina Maza
http://www.phnompenhpost.com/national/research-shows-full-reach-indigenous-population
Gulf talks with Cambodia and oil-concession bids pushed back
Two items on the government’s energy agenda – preparations for talks with Cambodia on a solution to the countries’ overlapping claims in the Gulf of Thailand and the plan to open a 21st round of bidding for petroleum exploration and production concessions – are likely ...
Interior Ministry Tightens Security After Telecom Crimes
The Ministry of Interior, jointly with the Ministry of Telecommunications has issued an inter-ministerial directive that requires telecom service providers to strictly check the identity information of their subscribers and users to take part in eliminating telecommunication crimes after the criminals used this high technology to kidnap and committed the serious crimes and difficulties of seeking ...
VN bank named in Cambodia top five
The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Viet Nam (BIDV), has been named as one of the five biggest banks in Cambodia after three years of operation BIDC general director Nguyen Van Hien said ...
http://vietnamnews.vnagency.com.vn/Economy/228887/vn-bank-named-in-cambodia-top-five.html
HLB gets nod to open bank in Cambodia
Hong Leong Bank Bhd (HLB) has received approval from Cambodia’s Ministry of Commerce to open a wholly-owned, locally incorporated commercial bank in Cambodia. HLB said with a capital of US$37.5 million (RM116.2 million), Hong Leong Bank (Cambodia) Plc will commence operations in Cambodia within ...