World Bank Report Says Few Cambodians Using Bank Accounts
Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World Bank report released Tuesday. Though the World Bank’s Global Financial ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/world-bank-report-says-few-cambodians-using-bank-accounts-46844/
Labor Ministry denies it has stopped recognizing unions
The Labor Ministry in a statement Thursday insisted that unions were still free to register as entities recognized by the government, a day after a ministry spokesman said that union registration had been effectively suspended for the foreseeable future. Free Trade Union (FTU) president Chea Mony ...
Aun Pheap
http://www.cambodiadaily.com/news/labor-ministry-denies-it-has-stopped-recognizing-unions-53319/
CPP piles on talking points in election reform talks
During the third meeting of the joint-party Electoral Reform Commission on Monday, the ruling CPP and opposition CNRP agreed to 14 points for future discussion, but failed to address the central issue of reforming the National Election Committee. The CNRP entered the first round of talks ...
Mech Dara
http://www.cambodiadaily.com/news/cpp-piles-on-talking-points-in-election-reform-talks-54408/
Sonando Continues to Seek TV License, Radio Relay Station
Though the Ministry of Information has repeatedly rejected independent radio station owner Mam Sonando’s requests to obtain a television station license and a radio relay station, saying that there was “no space” for him, the government has approved at least three new TV licenses and ...
Kuch Naren
http://www.cambodiadaily.com/news/sonando-continues-to-seek-tv-license-radio-relay-station-51335/
Sugar exports to stay duty free, EU trade czar says
European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-exports-to-stay-duty-free-eu-trade-czar-says-54447/
Hun Sen Orders Anticorruption Education for Students
Prime Minister Hun Sen on Friday issued a statement ordering that anti-graft education be incorporated into the national schooling system as part of a wider effort to stamp out corruption in the country. The statement, released in the lead-up to International Anti-Corruption Day, which falls today, ...
Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-orders-anticorruption-education-for-students-48830/
Shaping the leaders of tomorrow
In a lush, gated compound 12 kilometres south of central Phnom Penh, the young minds that will one day lead Cambodia are being shaped – or at least that’s what one philanthropic foundation, which is investing millions of dollars in a unique, long-term project, hopes. “When ...
Kevin Ponniah
http://www.phnompenhpost.com/national/shaping-leaders-tomorrow
Partial victory at the ICJ
The International Court of Justice yesterday unanimously declared that its 1962 judgment awarding the Preah Vihear temple to Cambodia also gave the Kingdom sovereignty over the promontory that the temple sits on. But while the announcement was initially greeted as a resounding victory by some in ...
Post Staff
http://www.phnompenhpost.com/national/partial-victory-icj
Siem Reap’s Secret Multimillion Dollar Land Swap
Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/
Deutsche Bank, IFC Rubber Investments Questioned
Deutsche Bank and the World Bank’s International Finance Corporation (IFC) have poured millions of dollars into Vietnamese rubber companies operating in Cambodia that have engaged in illegal logging and forced evictions of local farmers, the environmental rights group Global Witness says in a new report ...
http://www.cambodiadaily.com/news/deutsche-bank-ifc-rubber-investments-questioned-23598/
Coal
Although exploratory work has indicated the presence of modest coal resources in northern Cambodia, no commercial-scale mining has yet begun. The coal used in electricity generation and for other purposes is imported.A coal barge from Samarinda coal mine on the Mahakam river. Indonesia, Borneo. Photo ...
Rice Scheme Will Hurt Thais and Help Vietnam
Thailand–Consumers face prospect of high prices, low quality rice from Burma, Cambodia: TDRI. While consumers and taxpayers will suffer from the government’s controversial rice policy, Vietnam will substantially gain, the Thailand Development Research Institute (TDRI) has warned. Ammar Siamwalla, a prominent economist, yesterday asked the ...
Gender gap in dispute
Cambodian women have less chance of being promoted to positions of power than women in any other East Asian country, a report by the NGO Social Watch International has found. But government officials have rejected the findings and maintained the number of females in Cambodia’s ...
http://www.phnompenhpost.com/index.php/2012030754905/National-news/gender-gap-in-dispute.html
Real Wages in Garment Sector Fell Over 10 Years
Wages for Cambodian garment workers decreased by more than 20 percent in real terms between 2001 and 2011 despite the industry’s exponential increase in exports, which in 2012 were valued at more than $4 billion, according to a recent report by a U.S.-based workers advocacy ...
http://www.cambodiadaily.com/news/wages-in-garment-sector-fell-22-over-10-years-34788/
Cambodian Authorities Coerce Ruling Party Support in Capital Village
Villagers in Cambodia’s capital are being coerced into signing a petition supporting preliminary results issued by the country’s electoral body declaring a victory for Prime Minister Hun Sen’s ruling party in recent elections, despite opposition claims of widespread poll irregularities, a rights group said Monday. The ...
http://www.rfa.org/english/news/cambodia/coercion-08192013172208.html
Ministers Told to Prepare for Public Scrutiny
During an epic speech on Wednesday that lasted for more than six-and-a-half hours, Prime Minister Hun Sen told his newly approved Cabinet that they would be subject to increased public scrutiny as part of a series of reforms to be undertaken by the CPP over ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/ministers-told-to-prepare-for-public-scrutiny-43405/
National Bank Governor’s Daughter Named New Director-General
Chea Serey, the daughter of National Bank Governor Chea Chanto, has been promoted to director-general of the central bank, she confirmed this week. Ms. Serey will replace Nguon Sokha, who said that she left the National Bank about a month ago after being appointed as a ...
Colin Meyn
http://www.cambodiadaily.com/business/national-bank-governors-daughter-named-new-director-general-48069/
New election ‘cannot be done’: watchdog
Election monitor Comfrel released its final assessment of the 2013 national elections yesterday, detailing a raft of irregularities, while at the same time acknowledging that the opposition’s claims of having won the election were undermined by its reluctance to provide concrete evidence. The 147-page report makes ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-election-%E2%80%98cannot-be-done%E2%80%99-watchdog
Protesters take aim at prices
Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...
Hor Kimsay
http://www.phnompenhpost.com/business/protesters-take-aim-prices