Royal Group affirms its commitment to ANZ
Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/
Graduates fear career jobs woe
A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...
http://www.phnompenhpost.com/2013021261305/Business/graduates-fear-career-jobs-woe.html
Single visa test-run
A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...
Chinese state firm in talks to take over rail project
With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...
Cambodia's garment workers confront multinationals
Since mid-January a group of illegally laid off Cambodian garment workers – mostly women – have been picketing the factory they worked in. Their objective was to stop the company, which closed down, owing the workers, collectively, about US$200,000 of unpaid wages, from removing the ...
Families walk out of land dispute compensation meet
Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...
Aun Pheap
http://www.cambodiadaily.com/news/families-walk-out-of-land-dispute-compensation-meet-56311/
Cambodian workers to get Japan opportunity
The Japanese government will offer an opportunity for specialised Cambodian workers to work in Japan through a new Memorandum of Understanding (MoU) that might be signed in April, Minister of Labour and Vocational Training, Ith Sam Heng said. ...
Mech Dara
https://www.phnompenhpost.com/national/cambodian-workers-get-japan-opportunity
Cambodia to end border check
Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...
Lor Peang residents refuse compensation for ‘their land’
Around 50 people representing 83 households from Lor Peang village in Kampong Chhnang yesterday refused concessions offered to them during a meeting with the National Assembly’s Commission on Human Rights, Complaints, and Investigation. ...
May Titthara
http://www.khmertimeskh.com/news/20731/lor-peang-residents-refuse-compensation-for----their-land---/
Boeung Kak lake dispute ‘closed’
Phnom Penh City Hall yesterday washed its hands of the decadelong contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/boeung-kak-lake-dispute-closed
Hun Sen lauds US-North Korea talks
Prime Minister Hun Sen applauded the upcoming meeting between US President Donald Trump and North Korean leader Kim Jong-un on Saturday, offering his congratulations to the odd couple at the fourth annual River Festival in Kandal province. ...
Ben Sokhean
http://www.phnompenhpost.com/national/hun-sen-lauds-us-north-korea-talks
First Khmer Rouge history mobile app released on Android
The first mobile app offering a comprehensive and interactive history of the Khmer Rouge, created in the hopes of ending a “collective denial” about some of the atrocities committed by the Pol Pot regime, went live on Tuesday. ...
George Wright
https://www.cambodiadaily.com/news/first-khmer-rouge-history-mobile-app-released-on-android-132885/
Cambodian insurance industry has 'Substantial potential for growth'
Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgyYjQ3MWI0YWN
Boeng Kak families accept swap to end land disputes
At least 16 more families that have been locked in a bitter and lengthy dispute with the municipal government over land in Phnom Penh’s Boeng Kak neighborhood accepted municipal governor Pa Socheatvong’s offer of a land swap Thursday morning. ...
Mech Dara
https://www.cambodiadaily.com/news/boeng-kak-families-accept-swap-to-end-land-disputes-81780/
SME board possible this year
Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...
May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year
Families of Svay Rieng crash victims reject compensation
The Svay Rieng Provincial Court director said Tuesday that the bus company involved in a deadly crash that killed 19 people and injured 21 in Svay Rieng province in May has had its latest compensation offer rejected by the victims’ families. ...
Aun Pheap
https://www.cambodiadaily.com/news/families-of-svay-rieng-crash-victims-reject-compensation-91456/
Repeat test takers learn to manage expectations
Nam Meng Ang, 18, had little confidence in his ability to pass the grade 12 national exam this year—which determines which students get to enter university—having failed last year’s test, and the retake offered several weeks later. ...
Aun Chhengpor and Janelle Retka
https://www.cambodiadaily.com/news/repeat-test-takers-learn-to-manage-expectations-92536/
Hotel boom leaves hospitality sector with an empty feeling
As the number of boutique hotels rises rapidly in Phnom Penh, hoteliers say they have seen their occupancy rates drop this year due to the increased offerings – as well as the economic downturn in Europe and terrorism scares in the region. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/hotel-boom-leaves-hospitality-sector-empty-feeling
Health sector on notice
Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/
More families take deals to vacate dam site
Another 73 families in Stung Treng province have accepted the government’s offer of new land in exchange for the farms they will lose to the Lower Sesan II hydropower dam currently under construction, the second group to take the deal. ...
Kang Sothear
https://www.cambodiadaily.com/news/more-families-take-deals-to-vacate-dam-site-109569/