Quote 'Out of Context' Says Women's Minister
Women’s Affairs Minister Ing Kantha Phavi said yesterday that comments she made in a radio broadcast last week, in which she appeared to blame female Boeng Kak protesters for bringing police violence on themselves, were taken out of context from a radio interview given some ...
Higher costs forcing Chinese firms to relocate to Southeast Asia
China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said Buyers have “turned their eyes to manufacturers from Southeast Asian countries”, ...
http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html
Cambodia's service sector encouraging, but reforms needed: ADB
Cambodia is benefiting from a steadily growing service sector, but it needs to clear a number of obstacles to harness the sector’s potential, said a new Asian Development Bank (ADB) report released on Tuesday. The report, entitled Developing the Service Sector as an Engine of Growth ...
Global Times News Staff
http://www.globaltimes.cn/content/824334.shtml#.UoLkAHCBlmM
Expansive Sihanoukville property development on schedule for completion in 2017
Representatives of Borey Kuch Asia say the company has injected millions of dollars into an apartment and villa complex in Sihanoukville, and that the project will be completed in 2017, despite political uncertainties. Borey Kuch Asia project manager Tous Sapheoun said the company spent two years ...
US criticises SE Asia on rights
Lawmakers reviewed the “troubling” state of human rights in Southeast Asia Wednesday and criticised Thailand, Vietnam and Cambodia. But they reserved some of their toughest words for Myanmar, demanding an end to United States concessions to its quasi-civilian government. While no lawmakers mentioned Wednesday’s presidential ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/world/419849/us-lawmakers-criticise-vietnam-cambodia-myanmar
IMF forecasts Cambodia's economy at 7.2 pct in 2014
Cambodia’s economy is expected to grow by 7.2 percent this year, and pick up to 7.5 percent next year, the International Monetary Fund (IMF) has said. The IMF hailed Cambodia for making good progress in achieving the Millennium Development Goals and reducing poverty substantially. It said ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/01/c_133087969.htm
Parkson to build malls and lease out space
Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover. The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall ...
Jagdev Singh Sidhu
http://www.thestar.com.my/Business/Business-News/2014/05/07/Parkson-to-build-malls-and-lease-out-space/
Cambodia’s tobacco tax to go up, slightly
In less than two months, smokers indulging in Cambodia’s inexpensive cigarettes will have to reach a little deeper into their wallets. Starting in July, the tax on cigarettes will jump from 20 per cent to 30 per cent of the retail price, with a tax base ...
Sen David
http://www.phnompenhpost.com/national/cambodia%E2%80%99s-tobacco-tax-go-slightly
Women turn to mobile apps to end violence
Phat Sreytouch, a former beer promoter, recalls being the constant subject of harassment from the men she served in beer gardens, many who felt they were within their rights to touch her and her colleagues. In a new initiative aimed at ending such attitudes and ...
Holly Robertson
https://www.cambodiadaily.com/news/women-turn-to-mobile-apps-to-end-violence-77544/
CPP youth group, road safety NGO launch helmet campaign
A CPP-aligned youth group and a regional road-safety NGO on Tuesday launched a $1.2 million, two-year pilot program to educate Cambodians about the importance of wearing helmets while driving or riding as passengers on motorbikes. ...
Khuon Narim and Max Weinstein
https://www.cambodiadaily.com/news/cpp-youth-group-road-safety-ngo-launch-helmet-campaign-77747/
National Audit Authority moves after land swap
The National Audit Authority (NAA), located on prime real estate on Phnom Penh’s Street 240, is in the midst of moving to a new location in Sen Sok district after a property swap with a company owned by a military general, according to officials at ...
Aun Pheap
http://www.cambodiadaily.com/news/national-audit-authority-moves-after-land-swap-67586/
Thai PM to visit Cambodia to boost bilateral relations
Thai Prime Minister Gen. Prayuth Chan-ocha will make an official visit to Cambodia on Oct. 30-31 to boost bilateral ties and cooperation, a senior Cambodian official said Sunday. The official added that the two leaders also pledged to enhance bilateral ties and cooperation in politics, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141019/thai-pm-visit-cambodia-boost-bilateral-relations
Cambodia, Australia vow to honor refugee deal despite criticism
Cambodia and Australia have reiterated their commitment to comply with a refugee agreement they signed last month, despite persistent criticism from human rights groups and opposition parties of the two countries, a senior official said on Sunday. The commitment was made during a meeting on ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/19/c_133727099.htm
Obama speech sees mixed reaction on US momentum in Southeast Asia
US President Barack Obama’s Southeast Asia-only trip in 2012 marked a high point in the US prioritization of the region. But there has been a drop in the presence of high-level US diplomats since then, and in his recent State of the Union speech, Obama ...
Sophat Soeung
http://www.voacambodia.com/content/obama-speech-sees-mixed-reaction-on-us-momentum-southeast-asia-cambodia-khmer/1848293.html
Fintech could be ‘game changer’
Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...
Brian Ng
http://www.phnompenhpost.com/business/fintech-could-be-game-changer
Car sales sputter on tax hike
Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April. ...
Hor Kimsay
http://www.phnompenhpost.com/business/car-sales-sputter-tax-hike
Payouts to mothers to ‘combat malnutrition’
In what may become yet another populist pledge, Prime Minister Hun Sen yesterday said he is considering giving $50 to every woman who gives birth in Cambodia to decrease child mortality and tackle malnutrition of mothers. ...
Ben Sokhean
http://www.phnompenhpost.com/national/payouts-mothers-combat-malnutrition
Cross-border paperless trade
Cambodia is looking to implement cross-border paperless trade once the country’s e-commerce law is fully adopted and implemented, the Commerce Ministry said. ...
Sum Manet
http://www.khmertimeskh.com/news/34530/cross-border-paperless-trade/
Cambodia's industry loses 275 mln USD due to outlawed protests
Cambodia’s garment and shoe industry has lost roughly 275 million U.S. dollars due to outlawed garment strikes in the past two weeks, Van Sou Ieng, President of the Garment Manufacturers Association in Cambodia (GMAC), said Monday. The garment and shoe industry comprise more than 900 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/06/c_133022880.htm
Ministry shake-up as AEC integration looms
The Ministry of Commerce is undergoing an internal shake-up to better position itself for the opening up of trade across the region. Commerce Minister Sun Chanthol told the Post yesterday that ahead of Asean Economic Community (AEC) integration in 2015, new divisions were being established and others realigned ...
Daniel de Carteret
http://www.phnompenhpost.com/business/ministry-shake-aec-integration-looms