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
CCC declares constitutionality of law on amendment to election law
The Constitutional Council of Cambodia (CCC) has declared the constitutionality of the Law on Amendment to the Election Law. ...
Khmer Times Staff
https://www.khmertimeskh.com/501318560/ccc-declares-constitutionality-of-law-on-amendment-to-election-law/
ECCC, EBC sign MoU on KR trial edu content
The Extraordinary Chambers in the Courts of Cambodia (ECCC) has signed a Memorandum of Understanding (MoU) with Educational Broadcasting Cambodia (EBC) to produce content for a wide range of educational and outreach activities based on the trial process during the Khmer Rouge trials. ...
Hang Punreay
https://www.khmertimeskh.com/501379279/eccc-ebc-sign-mou-on-kr-trial-edu-content/
More participatory five-year disaster risk reduction action plan endorsed
In a plenary session on July 5, the Council of Ministers reviewed and endorsed the National Action Plan for Disaster Risk Reduction (NAP-DRR) with more participatory preparedness, well mainstreamed with new technology. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518380/more-participatory-five-year-disaster-risk-reduction-action-plan-endorsed/
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/
Meeting on gas prices postponed again
The planned meeting of representatives from eight leading gas-station chains and government officials to discuss a formula for setting a range for retail gasoline prices was postponed yesterday until tomorrow, officials at the Commerce Ministry said. ...
Sum Manet
http://www.khmertimeskh.com/news/16570/meeting-on-gas-prices-postponed-again/
A delegation of American Chamber of Commerce in Hong Kong visits Cambodia
A delegation of the American Chamber of Commerce in Hong Kong led by its president Richard R. Vuylsteke has been on a visit to Cambodia to study the investment environment in the country, according to state news agency- AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/a-delegation-of-american-chamber-of-commerce-in-hong-kong-visits-cambodia-8826