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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

Single Portal registrations top 19K

A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...

May Kunmakara
https://www.phnompenhpost.com/business/single-portal-registrations-top-19k

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