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Registered Businesses UP by 37 Percent, Data Show

Registered businesses have increased in number by 37 percent to approximately 1,528 compared with the same period for 2010. Cambodian Chamber of Commerce officials say that the number of entrepreneurs has increased with them focusing on textiles, agriculture and construction. Cambodia currently has an export ...

Chamber of Commerce Law forthcoming

The draft of the new Law on the Chamber of Commerce is again being reviewed by the Cambodia Chamber of Commerce (CCC). Once the proposed changes to the draft are completed, the law will be sent to the Council of Ministers for further discussion and approval, ...

Sum Manet
http://www.khmertimeskh.com/50105722/chamber-of-commerce-law-forthcoming/

UNICEF Cambodia and the Ministry of Rural Development join forces to improve rural sanitation and health

In a joint effort to address critical challenges faced by rural communities in Cambodia, UNICEF Cambodia and the Ministry of Rural Development have pledged to work together to combat climate change, improve rural sanitation, and enhance health services. ...

Khmer Times Staff
https://www.khmertimeskh.com/501370339/unicef-cambodia-and-the-ministry-of-rural-development-join-forces-to-improve-rural-sanitation-and-health/

Unions argue over wage committee reforms

Meeting for a minimum wage workshop on Tuesday, the country’s independent and government-aligned unions argued over reforms to the Labor Advisory Committee (LAC), the body in charge of setting the minimum wage in the garment sector, which employs some 600,000 workers. The LAC, which is composed ...

Aun Pheap
http://www.cambodiadaily.com/news/unions-argue-over-wage-committee-reforms-51452/

Government to address prison issues

Prime Minister Hun Sen will allow the ministries of Interior and Justice, and relevant institutions to convene with the aim of solving the problem of prison overcrowding. Interior Minister Sar Kheng requested the meeting due to the rapid increase in convicted felons, according to Chin ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/government-address-prison-issues

Hun Sen’s ‘vision’ would see him bypass National Assembly, shrink cabinet

During a cabinet meeting on Friday, Prime Minister Hun Sen announced a “vision” to shrink the country’s cabinet by excluding secretaries and undersecretaries of state from the body, and to be given the right to bypass the National Assembly by appointing them directly, according to ...

Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national-politics/hun-sens-vision-would-see-him-bypass-national-assembly-shrink-cabinet

Cambodia's garment, footwear exports up 12.6 pct in 7 months

Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm

Sam Rainsy asks South Korea to protect rights of Cambodians workers

The opposition leader Sam Rainsy called on South Korea to protect the rights of Cambodian people during his visit earlier this month. Chairperson of National Human Rights Commission of Korea, Byung-Chul Hyun, said in a letter to Sam Rainsy that “I share your concerns for ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=YjMxNzIwNWRkZmF

Cambodia and Vietnam sign five-year defence pact

Cambodia and Vietnam have signed a pact to continue defence cooperation over the next five years, including in ensuring security and safety in border areas. ...

Taing Vida
https://www.khmertimeskh.com/50673092/cambodia-and-vietnam-sign-five-year-defence-pact

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

Officials at border call for better info sharing

Authorities in Svay Rieng province have slammed the minister in charge of negotiating border issues with Vietnam, saying he has not kept the military and governor’s office in the loop regarding the ongoing dispute with Cambodia’s neighbour. ...

Meas Sokchea
http://www.phnompenhpost.com/national/officials-border-call-better-info-sharing

Kun Lbokator inscribed on representative list of intangible Cultural Heritage of Humanity

Kun Lbokator, Cambodia’s traditional martial art, has just been inscribed on the Representative List of the Intangible Cultural Heritage of Humanity of UNESCO. ...

Khmer Times Staff
https://www.khmertimeskh.com/501193404/kun-lbokator-inscribed-on-representative-list-of-intangible-cultural-heritage-of-humanity/

Outstanding credit could reach $30B by 2020

The total amount of loans in Cambodia’s banking sector could rise to $30 billion by 2020, according to a report released today by Mekong Strategic Partners, a new investment and advisory fund. Amid such growth, banks will be challenged to drastically expand their operations and will ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/outstanding-credit-could-reach-30b-by-2020-69127/

Cambodia bans trade unions from marking May Day at capital's Freedom Park

Cambodian authorities on Wednesday refused permission for the 18 opposition-aligned trade unions and associations to celebrate an International Labor Day event on May 1 at the capital’s Freedom Park. “The Phnom Penh Municipality does not allow the trade unions and associations to organize this event at ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/30/c_133301779.htm

Credit growth poses economic risk, IMF warns

Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. It said while Cambodia’s short-term economic ...

Cam McGrath
http://www.phnompenhpost.com/business/credit-growth-poses-economic-risk-imf-warns

No complaints filed during election registration

A spokesman for the National Election Committee yesterday said that none of the 20 parties set to contest the national election in July filed any complaints to the Constitutional Council during the registration process. ...

Mom Sophon
https://www.khmertimeskh.com/50496530/no-complaints-filed-during-election-registration/

Cashew nut processing competition pioneered to bolster local industry

Under a fresh initiative supported by the Department of Agro-Industry, a subsidiary of the Ministry of Agriculture, Forestry and Fisheries (MAFF), cashew farmers and processors nationwide will compete to win the top spot for local cashew nut production quality and capacity. ...

James Whitehead
https://www.khmertimeskh.com/501474741/cashew-nut-processing-competition-pioneered-to-bolster-local-industry/

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/

Garment growth led by EU and Asia

Garment exports for the first half of 2011 have increased as demand from Europe and Asia grows. The relaxation of duty-free exports to Europe has sped the growth according to the Garment Manufacturers Association in Cambodia. Exports are said to have increased by 32 percent ...

http://www.phnompenhpost.com/index.php/2011072550615/Business/garment-growth-led-by-eu-and-asia.html

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