Thai rice failure hitting Cambodia
While last year was full of good news for Cambodian rice exports, which hit a record-breaking 378,800 tons, 2014 is getting off to a much slower start. Thai Prime Minister Yingluck Shinawatra’s controversial pledge to pay farmers above market rates for their rice is coming ...
Chan Muy Hong and Daniel de Carteret
http://www.phnompenhpost.com/business/thai-rice-failure-hitting-cambodia
Increase in Cambodian tourism leads to growing importance of child safe tourism
In 2013, Cambodia welcomed 4.2 million tourists, an increase of 17% from the previous year. This rapid growth of tourist arrivals is expected to continue year on year, raising concerns about how to ensure that local children are only positively impacted by tourism. Tourism destinations attract ...
eTN Global Travel Industry News Staff
http://www.eturbonews.com/44034/increase-cambodian-tourism-leads-growing-importance-child-safe-t
Economist Says Asean Likely To Miss Key Deadlines for Integration
Southeast Asian countries are likely to miss a deadline for the economic integration of Asean in 2015, a leading economist says. Jayat Menon, an economist for the Asian Development Bank, told reporters in Phnom Penh Wednesday that Asean countries are behind on key targets for integration ...
Suy Heimkhemra
http://www.voacambodia.com/content/economist-says-asean-likely-to-miss-key-deadlines-for-integration-/1899474.html
Weather warning announced as rainy season begins
The Ministry of Water Resources and Meteorology issued a weather warning Monday, saying an approaching low-pressure system will this week kick the rainy season into full swing. The warning says heavy rains are due to hit most of the country this week and that the tail ...
Ben Sokhean
http://www.cambodiadaily.com/news/weather-warning-announced-as-rainy-season-begins-60333/
Ministry sets official Tuol Sleng ticket price
Although foreigners have long paid a fee to enter Phnom Penh’s Tuol Sleng Genocide Museum, the Ministry of Culture and Fine Arts has announced that the days of apparently free entry to the notorious Khmer Rouge prison are finished and the charge will now be ...
Kuch Naren
http://www.cambodiadaily.com/news/ministry-sets-official-tuol-sleng-ticket-price-62599/
Illicit fishballs to be destroyed after seizure
Economic crimes police on Wednesday arrested a woman and seized 3 tons of low-quality fishballs, claiming she had illegally imported the potentially dangerous meat. Kandal province resident Chan Thea, 37, was stopped in Phnom Penh while en route to Battambang—where police believe she was planning to ...
Ouch Sony
http://www.cambodiadaily.com/news/illicit-fishballs-to-be-destroyed-after-seizure-64808/
Cambodia's garment, footwear exports up 12.6 pct in 7 months
Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm
Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Cambodia raises garment wage, but unions say not enough
Cambodia on Wednesday raised the controversial monthly minimum wage for garment workers by 28 percent, a decision likely to infuriate unions seeking a higher increase and revive calls for strike action. Sixteen members of the Labour Ministry’s Labour Advisory Committee voted for the government-proposed minimum ...
World Bulletin News Staff
http://www.worldbulletin.net/economy/148209/cambodia-raises-garment-wage-but-unions-say-not-enough
Disgruntled nursing students petition Parliament
About 20 nursing students from the privately run International Science Institute petitioned the National Assembly on Wednesday to demand action against their school, which they claim is unlicensed and providing them with a substandard education. The school opened in 2012 and currently has about 160 students, ...
Sek Odom
https://www.cambodiadaily.com/news/disgruntled-nursing-students-petition-parliament-76907/
One million hectares reclassified, gov’t says
More than 1 million hectares of forest terrain and land leased by private companies has been put under government control since Prime Minister Hun Sen initiated a moratorium on new economic land concessions (ELCs) in May 2012, the Ministry of Land Management, Urban Planning and ...
May Titthara
http://phnompenhpost.com/national/one-million-hectares-reclassified-gov%E2%80%99t-says
Labor groups press ministry on new union registration rules
About 100 workers representing eight trade unions and labor associations rallied in front of the Ministry of Labor on Sunday demanding that the government relax registration requirements that they say are being used to stifle efforts to increase their memberships. ...
Mech Dara
http://www.cambodiadaily.com/news/labor-groups-press-ministry-on-new-union-registration-rules-71009/
Cambodia Rice Federation seeks to raise development fund from exporters
Cambodia Rice Federation (CRF) has approved to raise the requisite funding for rice sector development through the export fees paid by the rice exporters, according to local sources. The fund will be reportedly used for educating rice farmers about potential crop issues through television and ...
Oryza News Staff
http://oryza.com/cambodia-rice-federation-seeks-raise-development-fund-exporters
Cambodia launches code of banking practices
The National Bank of Cambodia ( NBC), which is the regulator of the banking and finance industry, promulgated the Code of Banking Practices on Monday with an aim of further building confidence of the public in the industry, officials said. The sector had received a ...
Shanghai Daily News Staff
http://shanghaidaily.com/article/article_xinhua.aspx?id=268881
NGOs call out holes in EIA law
The Ministry of Environment is close to finalising a draft environmental impact analysis (EIA) law for development projects, but NGOs and civil society groups raised concerns that the draft law, as it stands, prevents indigenous people who live on the land from opposing such projects. Speaking ...
Chan Muyhong and Ananth Baliga
http://www.phnompenhpost.com/ngos-call-out-holes-eia-law
No end date in sight for oil plant completion
Cambodia Petroleum Company says its $2.3 billion oil refinery is still in the early stages of construction, after being delayed twice since it announcement in 2013. The landmark oil refinery, to be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected to be ...
Chan Muyhong
http://www.phnompenhpost.com/business/no-end-date-sight-oil-plant-completion
Investment law to guide recovery, FTA uptake
The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...
Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake
SME inputs garnered before mid-Nov gov’t, private sector forum
The private sector’s Working Group C (WG-C) on “Manufacturing, Small and Medium Enterprises (SMEs) and Services” is currently collating issues from across Cambodia to draft a joint proposal that will be presented to the government for consideration during the Government-Private Sector Forum (G-PSF), scheduled for ...
Hin Pisei
https://phnompenhpost.com/business/sme-inputs-garnered-mid-nov-govt-private-sector-forum
MoU signed to push financial literacy
Associations of Banks and Microfinance Institutions signed a Memorandum of Understanding on Monday with a FinTech federation to promote financial literacy and inclusion as part of a move towards greater digital adoption. ...
Prak Chan Thul
https://kiripost.com/stories/mou-signed-to-push-financial-literacy
Jan-Aug iron, steel imports up 20% on-year
Cambodia imported $244.754 million worth of “iron and steel” in the first eight months of 2022, up 19.97 per cent from the $204.018 million recorded over the same time in 2021, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-iron-steel-imports-20-year