Shine on Pailin gems seen fading
THE precious stone industry in Pailin province is facing bankruptcy as supplies dwindle and locals turn to agriculture as their main source of revenue, provincial authorities told the Post. Pailin, long known for its rubies, sapphires and other precious stones, now depends on foreign imports to ...
http://www.phnompenhpost.com/index.php/2011122253558/Business/shine-on-pailin-gems-seen-fading.html
Cambodia to host 2017 world economic forum
Phnom Penh has been selected to host the 2017 World Economic Forum (WEF) on East Asia, the WEF confirmed on Wednesday. ...
Ben Paviour
https://www.cambodiadaily.com/news/cambodia-to-host-2017-wef-111865/
PM to Cambodia, Saudi: Step up cooperation
Prime Minister Hun Sen has called for Cambodia and Saudi Arabia to step up cooperation in economic sectors and other areas in the Southeast Asian Kingdom with lucrative prospects. ...
Mom Kunthear and Ry Sochan
https://www.phnompenhpost.com/national-politics/pm-cambodia-saudi-step-cooperation
RCEP, Cambodia-China FTA significantly contribute to boosting Cambodia’s economy
The Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China Free Trade Agreement (CCFTA), which both took effect earlier this year, have significantly contributed to boosting Cambodia’s economic recovery, a senior official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501138613/rcep-cambodia-china-fta-significantly-contribute-to-boosting-cambodias-economy/
Royal Group PPSP sees four-fold increase in annual net profits in 2023
Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...
James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/
Koh Kong Sugar Firm Makes Offer to Return Disputed Land
The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...
http://www.cambodiadaily.com/news/koh-kong-sugar-firm-makes-offer-to-return-disputed-land-18770/
Minimum wage up for ministerial discussion
An interministerial committee led by Deputy Prime Minister Keat Chhon will meet next month to discuss the recent minimum wage increase and subsequent fallout. Ministry of Labour spokesman Heng Sour yesterday told the Post that Prime Minister Hun Sen assigned Chhon to lead the meeting ...
Mom Kunthear
http://www.phnompenhpost.com/national/minimum-wage-ministerial-discussion
Cassava production dropped in 2012
The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. officials blamed an unstable price during the previous season (from April to April) for the drop. According ...
http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html
Smaller parties voice concerns ahead of polls
Smaller parties running in the Kingdom’s upcoming national elections have complained of difficulties in finding enough representatives to monitor polling stations come July 29. Election monitoring organisations the Committee for Free and Fair Elections in Cambodia (Comfrel) and the Neutral and Impartial Committee for Free ...
Ben Sokhean and Niem Chheng
https://www.phnompenhpost.com/national/smaller-parties-voice-concerns-ahead-polls
BDO expands Cambodia operations
The former country partner and staff of Grant Thornton Law and Associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. As a result, BDO Cambodia’s team will now comprise over 30 staff and partners, a ...
http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html
Widening foreign debt sources to boost economic growth
Having been criticised for its position toward China, the world’s second largest economy, from where most of its foreign debt has come for years, Cambodia is now more likely to change its foreign loan sources to boost economic growth. ...
Sorn Sarath
https://www.khmertimeskh.com/50744111/widening-foreign-debt-sources-to-boost-economic-growth/
Manila at odds with Hun Sen over sea rows
Asean leaders yesterday failed again to form a common front towards geo-political disputes with China over the South China Sea as the Philippines vowed to continue shouting while Cambodia tried to contain discussions to the two immediate sides. The 10-member Association of Southeast Asian Nations hoped ...
http://www.nationmultimedia.com/national/Manila-at-odds-with-Hun-Sen-over-sea-rows-30194671.html
Multiple Skills Needed To Compete in a Future Asean, Economist Says
Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...
http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html
March for the Environment Halted by Police
Some 400 students, monks and activists were stopped from a peaceful march for Environmental Day on Thursday, as they sought to deliver petitions to the Ministry of Environment and other institutions calling for an end to deforestation. Cambodia’s forests provide many services to the rural poor, ...
Suy Heimkhemra
http://www.voacambodia.com/content/march-for-the-environment-halted-by-police/1930290.html
Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
Trade draft laws ‘effective in 2021’
Three major draft laws on trade are expected to take effect before the end of 2021, after receiving full support from National Assembly (NA) leaders and specialised committees, as well as the Senate, according to a Ministry of Commerce spokesman. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-draft-laws-effective-2021
Trade unions approve minimum wage, draft law proposals
Representatives from 25 trade unions Monday sent a request to the Ministry of Labor seeking several changes to a controversial draft union law and asking that a new $160 monthly minimum wage for the country’s volatile garment sector take effect in October. Garment factory owners say ...
Hul Reaksmey
http://www.cambodiadaily.com/news/trade-unions-approve-minimum-wage-draft-law-proposals-64044/
Phnom Penh job fair offers 4,500 openings
The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings
Cambodia says Chinese vaccines helped to bring COVID-19 pandemic under control
Cambodian officials and scholars on Wednesday extended their gratitude to China for its supply of COVID-19 vaccines to the kingdom from the early days of the pandemic, saying that the jabs have protected lives and reinvigorated economic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501207017/cambodia-says-chinese-vaccines-helped-to-bring-covid-19-pandemic-under-control/
$2m missing: telecom staff
More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...
http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html