Four Dead in Cambodia Garment Strike
A weeklong strike by Cambodian garment workers turned deadly Friday as police shot and killed at least four people and wounded several others in an attempt to break up a protest for higher wages. The violence came after weeks of escalating political and labor unrest marked ...
Chun Han Wong and Sun Narin
http://online.wsj.com/news/articles/SB10001424052702304325004579297511167310046
Vietnam and Cambodia set ambitious US$5-billion trade target
Vietnam and Cambodia have set a target of US$5 billion in bilateral trade by 2015 as the countries’ economic relationship deepens. However, some wonder if such an ambitious goal is realistic, especially given the government’s desire to realize US$5 billion in annual trade with China by 2017. The goal was announced at a June 24 ...
IMF says Cambodian economy to grow 6.5 per cent, but warns of risks
Cambodia’s economy is expected to grow 6.5 per cent in 2012, up from 5.75 per cent last year, the International Monetary Fund said in its annual review, adding that government policies to boost the investment climate were paying off. However, in its assessment, which was released ...
Japan Asked Government to Protect Its Interests During Strike
Japan has expressed its deep concern about the situation in Cambodia following the deadly crackdown on striking garment workers last Friday, and admitted Thursday that it had contacted the government during the protests to ask for protection of Japanese citizens and companies. Military police armed with ...
Simon Henderson
http://www.cambodiadaily.com/news/japan-asked-government-to-protect-its-interests-during-strike-50399/
Police make arrest, file complaints in Bavet strike
Police in Svay Rieng province on Tuesday arrested a garment worker for allegedly breaking a car window during a strike that turned violent in Bavet City the day before, and have filed complaints to the provincial court against two union representatives accused of defamation. The arrest ...
Aun Pheap
http://www.cambodiadaily.com/news/police-make-arrest-file-complaints-in-bavet-strike-57856/
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
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
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/
DVD shops close before raid
A handful of stores in Phnom Penh’s City Mall closed up shop yesterday morning, draping large curtains over their storefronts rather than face an impending police raid on businesses allegedly selling pirated movies there, police and other vendors said. The aborted raid came less than two ...
Sen David and Stuart White
http://www.phnompenhpost.com/national/dvd-shops-close-raid
Rainsy to Meet Cambodian Workers in South Korea
Opposition CNRP leader Sam Rainsy is to meet with Cambodian migrant workers during a two-day trip to South Korea later this week, at the end of a European tour that has included stops in Geneva, Brussels and Paris. “He will be visiting [South] Korea to meet ...
Mech Dara and Alice Cuddy
http://www.cambodiadaily.com/news/rainsy-to-meet-cambodian-workers-in-south-korea-51349/
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
SOSORO Museum, ABC sign MoU to promote financial education
In a move to improve financial education in Cambodia, the Preah Srey Içanavarman Museum of Economy and Money (SOSORO) and the Association of Banks in Cambodia (ABC) on Wednesday said that they have signed a Memorandum of Understanding (MoU) for collaboration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459548/sosoro-museum-abc-sign-mou-to-promote-financial-education/
Cambodia newest airline ready December
Cambodia Bayon Airlines says it is getting closer to a launch date for its domestic services. The airline’s parent company, Bayon Holdings Limited ‘svice president, Taing Chung Leang, told local media that Cambodia Bayon Airlines plans its launch by the end of the year. “Bayon will sign ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/08/cambodia-newest-airline-ready-this-december/
NA commission member visits K Chhnang KDC site
After promising in September to quickly resolve a years-long land dispute involving villagers and the politically connected development company KDC International, a member of the National Assembly’s human rights commission visited affected families in Kampong Chhnang province yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/na-commission-member-visits-k-chhnang-kdc-site
IFAD to pledge $52M for program
The International Fund for Agricultural Development (IFAD) yesterday unveiled a $52 million plan to help Cambodia’s government develop policies to assist poor farmers to improve agricultural productivity. ...
Eddie Morton
http://www.phnompenhpost.com/ifad-pledge-52m-program
Cambodian court frees 8 opposition politicians on bail after political deal reached
A Cambodian court on Tuesday afternoon released seven opposition party lawmakers-elect and one party activist on bail after the ruling and opposition parties reached a political agreement. “The eight politicians were released from Phnom Penh’s Prey Sar prison at 4:45 p.m. after questioning judge Keo Mony ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/22/c_133502874.htm
Up to $85M earmarked to develop agro sectors
Representatives of Cambodia’s rice sector and the Ministry of Economy and Finance (MEF) met yesterday with the International Fund for Agricultural Development (IFAD) to discuss the implementation of a five-year program to promote the Kingdom’s agricultural products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/85m-earmarked-develop-agro-sectors
Garment workers march for higher wages
More than 1,000 garment workers gathered in Phnom Penh and marched through the city center Sunday, demanding a “decent wage” from their factories, the largest garment-sector demonstration in the capital since military police fatally suppressed a protest for higher wages in January. ...
Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/garment-workers-march-in-push-for-higher-wages-69635/
Illegal Mobile Phone Services Targeted by Telecom Ministry
Illegal Thai mobile phone services have been ordered by the Ministry of Post and Telecommunications to cease their services inside of Cambodia. The services are being relayed as far as 100km within the border of Cambodia through a series of illegally constructed cell towers. qb ...