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ODA Projects Signed with Japan

Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...

EU, SIDA offer €33.1M grant for budget reform

The European Union and the Swedish International Development Cooperation Agency (SIDA) have agreed to provide a grant of €33.1 million to support the third phase of Cambodia’s Public Financial Management Reform Program, state news agency AKP announced Friday.   ...

Post Staff
http://www.phnompenhpost.com/business/eu-sida-offer-eu331m-grant-budget-reform

Regulators keeping a close eye on derivatives market

Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market

Cambodian rice millers to boost exports

Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...

Garment sector peace sought

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun ...

http://www.phnompenhpost.com/index.php/2012043055870/National-news/garment-sector-peace-sought.html

Movement on migrant Memorandum of Understanding

A migrant worker Memorandum of Understanding (MoU) is back in the spotlight after Malaysia yesterday agreed to send a delegation of senior government officials to meet with their Cambodian counterparts tomorrow and Thursday. MoU talks are of mounting importance in the face of escalating evidence of ...

http://www.phnompenhpost.com/index.php/2012112059823/National-news/movement-on-migrant-mou.html

Cambodian deputy PM leads delegation to China for bilateral meeting

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will lead a group of senior officials representing relevant ministries to attend the first meeting of Cambodia-China Intergovernmental Coordination Committee to be held from Jan. 1 to 3 in Beijing. The Cambodian Ministry of Foreign Affairs said ...

People's Daily Online News Staff
http://english.peopledaily.com.cn/90883/8499809.html

Official says Cambodia not ready for ASEAN Free Trade

Cambodia is not prepared to join Asean’s single regional market and production base next year, a Labor Ministry official said Friday. Next year, the 10 nations of Asean are to create the Asean Economic Community (AEC). Within this community, labor is to flow freely and import ...

Denise Hruby
http://www.cambodiadaily.com/news/official-says-cambodia-not-ready-for-asean-free-trade-55203/

Labor Ministry ignored its own research on minimum wage

The Labor Ministry on Tuesday defended its failure to act on the results of its own study, which in November found that the minimum livable wage for garment factory workers is between $157 and $177. In its annual report, the ministry listed its wage study, carried ...

Aun Pheap and Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-ignored-its-own-research-on-minimum-wage-51977/

Labour leaders decry bail payment and nine arrests

Labour union leaders denounced the government yesterday, alleging unfair treatment in the wake of nine union worker arrests last week and a hefty bail payment by a union president yesterday. Ath Thorn, president of the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), yesterday paid $25,000 ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/labour-leaders-decry-bail-payment-and-nine-arrests

Wage decision delayed

Minister of Labour Ith Sam Heng yesterday postponed his ministry’s Labour Advisory Committee’s decision on Cambodia’s garment sector minimum wage from Friday until next month, leaving some optimistic and others dubious. In the original schedule, the minimum wage for 2015 was slated to be set in ...

Sean Teehan and Sen David
http://www.phnompenhpost.com/national/wage-decision-delayed

Cambodia: death highlights detention center abuses

The Cambodian government should promptly close all centers arbitrarily detaining people outside the criminal justice system, Licadho and Human Rights Watch said today. The abusive nature of these centers was highlighted by the death on November 26, 2014, of a man who was arbitrarily detained ...

Human Rights Watch News Staff
http://www.hrw.org/news/2014/12/06/cambodia-death-highlights-detention-center-abuses

Telecom Cambodia postpones plan to list on local bourse

State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...

http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448

Familiar feel to shuffle

Ten of the Kingdom’s 24 ministerial positions are set to be reshuffled at the launch of the new government, according to an internal party memo obtained yesterday. Among those tapped for a cabinet position is Say Sam El – the 34-year-old son of Senate deputy president ...

Vong Sokheng
http://www.phnompenhpost.com/national/familiar-feel-shuffle

Maids still missing as deal with Malaysia nears

When Ros Srey Pich was 19, she signed a contract with a recruitment agency that would send her to work as a maid in Malaysia. The recruitment agency, Job Asia, had sourced the teenager from what is now Tbong Khmum province, telling her poor family that ...

Phorn Bopha and Matt Blomberg
http://www.cambodiadaily.com/news/maids-still-missing-as-deal-with-malaysia-nears-60302/

Agriculture players can tap into new loan system

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...

Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system

Resettlement offer to asylum seekers may have breached Cambodia deal

Australian immigration officials have approached asylum seekers within the Nauru detention centre about resettlement in Cambodia, apparently in contravention of the agreement between the two countries. The settlement agreement with Cambodia specifies that offers should be made only to people with refugee status. But it ...

Paul Farrell
http://bit.ly/1DQq6ZR

US offers $9M to boost public accountability NGOs

A $9 million grant to promote government accountability in Cambodia and strengthen nongovernmental groups across the country was announced on Tuesday by the U.S. Agency for International Development (USAID).   ...

Janelle Retka
https://www.cambodiadaily.com/brief/us-offers-9m-to-boost-public-accountability-ngos-115386/

China offers Cambodia $53 mln to develop water resources

Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzgzZjllMWIzNDFjMDllYjU2YjBiMzgwNDFlOTI2

Toll may lose rail rights

A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...

http://www.phnompenhpost.com/index.php/2012082158175/Business/850m-backing-for-cambodias-railways.html

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