Aeon Insurance eyes Cambodia
Aeon Insurance Service (Thailand), the insurance broker of Aeon Thana Sinsap (Thailand), will study doing business in Cambodia as part of its synergy with Aeon Group, which is constructing its first mall in Phnom Penh. Managing director Sakarabhop Dhivarakara said yesterday that even though there were ...
http://www.nationmultimedia.com/business/Aeon-Insurance-eyes-Cambodia-30209477.html
Property prices stagnant following election
Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...
Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election
Snake Island plans back to the drawing board
A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for ...
Siv Meng
http://www.phnompenhpost.com/real-estate/snake-island-plans-back-drawing-board
Ezecom CEO made ‘oknha’
Paul Blanche-Horgan, the CEO of internet service provider Ezecom, will now be known as Oknha Paul Blanche-Horgan, making him one of the few Westerners to receive the prestigious and sought-after Cambodian title. Awarded by King Norodom Sihanomi in mid-November, the new status brings Blanche-Horgan, who has ...
Daniel de Carteret
http://www.phnompenhpost.com/business/ezecom-ceo-made-%E2%80%98oknha%E2%80%99
Interior Minister Says Electronic ID Cards to Become Standard
Interior Minister Sar Kheng on Wednesday said that the government had begun formalizing the process for obtaining electronic national identity cards in a bid to reduce graft carried out by local authorities. Speaking on the sidelines of the 10th Government Discussion Forum on Electronic Identity at ...
Hul Reaksmey
http://www.cambodiadaily.com/news/interior-minister-says-electronic-id-cards-to-become-standard-49161/
Telcos to form association
Cambodia’s nine phone service operators plan to establish an independent body to debate issues within the industry, according to a statement yesterday from the Telecommunications Regulator of Cambodia (TRC). Forming the Association of Telecommunications Operators in Cambodia, or the ATC for short, was agreed upon in ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/telcos-form-association
Opposition CNRP Leaders to Face Court Today
Opposition leaders Sam Rainsy and Kem Sokha are due to appear before the Phnom Penh Municipal Court as scheduled this morning after retaining the services of a new lawyer, a CNRP spokesman said Monday. Mr. Rainsy and Mr. Sokha, as well as union leaders Rong Chhun ...
Eang Mengleng and Alex Willemyns
http://www.cambodiadaily.com/news/opposition-cnrp-leaders-to-face-court-today-50487/
Public Warned of Traffic Delays Due to Drainage
Phnom Penh Municipality has warned the public to expect prolonged traffic disturbances around O’Russei market in Prampi Makara district after construction began in the area Monday as part of the ongoing Japan-funded drainage project, a statement from City Hall said. The public has been asked for ...
Khuon Narim and Simon Henderson
http://www.cambodiadaily.com/news/public-warned-of-traffic-delays-due-to-drainage-50912/
Thai Political Tension Has Effects in Cambodia, Analysts Say
Political tensions that remain unresolved in both Cambodia and Thailand could lead to more violence in both countries, analysts warn. Thailand is going through another spate of democratic reform, following demonstrations that forced Prime Minister Yingluck Shinawatra to step down and call for new elections. Those elections ...
Sok Khemara
http://www.voacambodia.com/content/thai-political-tensions-has-effects-in-cambodia-analysts-say/1844175.html
ADB report finds gov’t shirking duty
The government is refusing to compensate up to 1,000 families forced to wait for income restoration measures after being relocated from their homes for an Asian Development Bank-funded railway rehabilitation project, a previously unreleased action plan from the ADB reveals. The ADB Management Action Plan, released ...
Kevin Ponniah
http://www.phnompenhpost.com/national/adb-report-finds-gov%E2%80%99t-shirking-duty
Strike continues as T&K rejects lunch allowance
Union representatives stormed out of negotiations and continued a strike yesterday when managers at T&K Garment factory said workers would never receive the 2,000 riel ($0.50) daily lunch allowance allegedly promised to them. A week after they walked off the job, T&K workers at Por Sen ...
Mom Kunthear and Koam Chanrasmey
http://www.phnompenhpost.com/national/strike-continues-tk-rejects-lunch-allowance
Cambodia’s workers falling behind in skills, jobs
With regional and international competition increasing, Cambodia’s workers could be falling behind. A new World Bank report says Cambodia’s labor force lacks the skills to advance the country’s economy, even as an increasing number of young people enter the labor market. Kem Lay, a sociology researcher, ...
Heng Reaksmey
http://www.voacambodia.com/content/cambodias-workers-falling-behind-in-skills-jobs/1940536.html
Life as a brokered wife
Barely able to make enough money to survive in her hometown, Sok Chenda* picked up her passport and a few belongings last year and headed to the provincial capital of Kampong Cham. It was a journey she would regret. The eldest daughter among five siblings, Chenda, 28, ...
May Titthara
http://www.phnompenhpost.com/national/life-brokered-wife
Seventy-eight judges and court officials reshuffled
With new laws in the pipeline to reform the judiciary, the Supreme Council of Magistracy has announced a reshuffling of judges and court staff, with 78 officials promoted or transferred, according to a royal decree signed April 6. The job changes, which include senior judges and ...
Mech Dara
http://www.cambodiadaily.com/news/seventy-eight-judges-and-court-officials-reshuffled-56529/
Deal falters, blame begins
Senior Cambodian People’s Party figures who have been at the forefront of negotiations with the opposition party yesterday offered lukewarm responses to the prospect of restarting talks that would bring an end to the opposition’s seven-month-long parliamentary boycott. Their position – that the opposition party was ...
Meas Sokchea
http://www.phnompenhpost.com/national/deal-falters-blame-begins
Rainsy says CNRP could end Assembly Boycott Friday
Opposition leader Sam Rainsy said that he made “tentative” plans with Prime Minister Hun Sen on Wednesday to appear before King Norodom Sihamoni on Friday to sign a deal ending the CNRP’s boycott of its 55 National Assembly seats. Government and CPP officials said they could ...
Alex Willemyns
http://www.cambodiadaily.com/news/rainsy-says-cnrp-could-end-assembly-boycott-friday-56266/
Riel trust needed for stability
As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...
Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability
AEON tenants target Cambodia’s middle class
An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class
Thais mandate migrant worker health checks
On the road to legal employment in Thailand, Cambodian migrant workers are being made to undergo check-ups that have them cough, strip and give blood and urine samples to prove they are physically and mentally sound enough to work in the country. Obtaining a workers’ permit, ...
Laignee Barron
http://www.phnompenhpost.com/national/thais-mandate-migrant-worker-health-checks
Hun Sen calls on Vietnam to invest in rice processing sector
Prime Minister Hun Sen on Friday called on the Vietnamese to invest in the Kingdom’s rice processing sector. Speaking at an annual dinner with the Vietnamese business community in Cambodia ahead of Tet – the Vietnamese Lunar New Year – Hun Sen said the Kingdom’s ...
Thou Vireak
https://www.phnompenhpost.com/business/hun-sen-calls-vietnam-invest-rice-processing-sector