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Commission makes changes in first union draft law meeting

A joint commission of 10 lawmakers from the ruling and opposition parties yesterday met for the first time to review the draft law on trade unions, and two of 21 articles that were flagged as controversial by unions have changed slightly. ...

Taing Vida
http://www.khmertimeskh.com/news/19441/commission-makes-changes-in-first-union-draft-law-meeting/

Credit hunger still voracious

In its 10th year, Cambodia’s growing microfinance sector has seen stellar credit and deposit growth. But concerns remain over this speed of credit growth in the sector, as well as the rise in unlicensed lenders operating in rural areas. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/credit-hunger-still-voracious

Acleda gets $70M to support women

Acleda Bank signed an agreement in Bangkok yesterday with International Finance Corporation and the Goldman Sachs 10,000 Women initiative for a $70 million long-term loan project to support Cambodia’s small- and medium-size enterprises (SME) owned by women. ...

Hor Kimsay
http://www.phnompenhpost.com/business/acleda-gets-70m-support-women

Cintri says it is owed up to $20M by Phnom Penh residents

Phnom Penh’s much-maligned waste-collection firm Cintri yesterday used a meeting with City Hall to ask for help in collecting between $10 million and $20 million in unpaid fees it says it’s owed by residents in the capital. ...

Niem Chheng
http://www.phnompenhpost.com/national/cintri-says-it-owed-20m-phnom-penh-residents

Fewer tolls, better roads

On the afternoon of October 10, local officials and Apsara Authority agreed that, with a budget of more than $4 million, the local government would upgrade a 15-kilometer stretch of the ring road and stop taking fees and tolls from vehicles. ...

Naomi-Collett Ritz
http://www.khmertimeskh.com/news/16953/fewer-tolls--better-roads/

Kingdom, China agree to strengthen trade, investment ties

Thailand and China have agreed to strengthen ties in trade and investment, while the Chinese have been urged to invest more in the Kingdom, particularly in the focused super-clusters and 10 special economic zones (SEZs). ...

Petchanet Pratruangkrai
http://www.nationmultimedia.com/business/Kingdom-China-agree-to-strengthen-trade-investment-30275162.html

Fears hover over plan to collect data on all Cambodians

Every Cambodian will be assigned a 10-digit identification number under which information from various government departments, as well as the private sector, will be collected in a central database, Interior Minister Sar Kheng announced on Thursday.   ...

Khuon Narim
https://www.cambodiadaily.com/news/fears-hover-over-plan-to-collect-data-on-all-cambodians-126693/

$400m solar project launched

Global Purify Power (GPP), a joint venture behind $400 million worth of solar powered projects, started groundbreaking work on Friday with more than $10 million worth of investment in Kampong Speu province. ...

May Kunmakara
http://www.khmertimeskh.com/5082184/400m-solar-project-launched/

RDB closes bidding on rice storage facilities

The state-run Rural Development Bank (RDB) received a total of 10 proposals from Cambodian agricultural firms expressing interest in developing rice storage and drying facilities across three provinces using government-backed low-interest loans, a bank official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rdb-closes-bidding-rice-storage-facilities

Rubber prices in decline

The price that Cambodian rubber latex fetches overseas dropped by 10 percent since the beginning of the year, a fall that officials attribute to an oversupply of the commodity in global markets and the sluggish growth of the international economy.​ ...

May Kunmakara
http://www.khmertimeskh.com/50110169/rubber-prices-decline/

Skilled workers and infrastructure needed

Cambodia needs about $12 billion over a 10-year period to invest in the development of a skilled workforce and improved infrastructure in order to meet the goals of its Industrial Development Policy (IDP), Commerce Minister Pan Sorasak said recently. ...

Post Staff
http://www.phnompenhpost.com/business/skilled-workers-and-infrastructure-needed

Garment workers protest at Ministry

About a thousand workers from the Southland garment factory yesterday protested outside the Ministry of Labour to demand intervention from the authorities to force the company to reinstate 10 unionists suspended from work after a strike began earlier this week. ...

Yon Sineat
http://www.phnompenhpost.com/national/garment-workers-protest-ministry

Damco expands operations

Alongside growing Cambodian exports, Danish logistics company Damco opened a second CFS warehouse facility in Phnom Penh yesterday. The 10,500-square-metre facility, on National Road 4, brings the company’s total warehousing capacity in Cambodia to 16,500 square metres. ...

http://www.phnompenhpost.com/2013040564905/Business/damco-expands-operations.html

Girl killed by UXO explosion in Kompong Speu

A 10-year-old girl was killed in­stantly when a piece of unexploded ordinance (UXO) detonated un­der the heat of a brush fire in in Kompong Speu province’s Oral district on Sunday afternoon, her commune chief said Monday.   ...

Sek Odom
https://www.cambodiadaily.com/news/girl-killed-by-uxo-explosion-in-kompong-speu-77256/

Reality dawns as sun sets on Kazantip

Plans to bring the raucous 10-day rave Kazantip to Cambodian shores were in tatters Wednesday as hundreds of Russian revelers showed up at the bridge leading to Koh Puos island to find the way blocked by a 2-meter-high metal barricade. ...

George Wright and Hul Reaksmey
https://www.cambodiadaily.com/news/reality-dawns-as-sun-sets-on-kazantip-78256/

Amid slow sales, some Aeon tenants leave mall

Less than 10 months after the $200-million Aeon Mall opened its doors to Phnom Penh’s consumers, at least seven tenants at Cambodia’s largest shopping center have shuttered their businesses, complaining of disappointing foot traffic, construction disturbances and overly thrifty patrons. ...

Anthony Jensen and Kang Sothear
https://www.cambodiadaily.com/business/amid-slow-sales-some-aeon-tenants-leave-mall-82423/

Sihanoukville international airport prepares for take off

Long overlooked, Cambodia’s third international airport is undergoing a major upgrade, big enough to firmly place it on Southeast Asia’s tourism map. By the end of next year, it is be ready to handle 10,000 air passengers a week. ...

Jack Laurenson
http://www.khmertimeskh.com/news/12592/sihanoukville-international-airport-prepares-for-take-off/

ASEAN urged to harmonise low carbon path to Paris

Environmental groups in Southeast Asia are urging governments of the 10-member Association of Southeast Asian Nations (Asean) to present a united and ambitious climate action plan for the upcoming climate conference in Paris this December. ...

Medilyn Manibo
http://www.eco-business.com/news/asean-urged-to-harmonise-low-carbon-path-to-paris/

Demining dogs arrive from Bosnia; more to come

A pack of 10 Belgian shepherds arrived in Cambodia from Bosnia on Friday to bolster the country’s aging team of explosives-sniffing canines, courtesy of Norwegian People’s Aid, which is covering the roughly $36,000 cost, an official said Sunday. ...

Zsombor Peter
https://www.cambodiadaily.com/news/demining-dogs-arrive-from-bosnia-more-to-come-92350/

Cambodians prefer Vietnam as most favourite Southeast Asian destination

Vietnam has become the most favourite destination in Southeast Asia among Cambodian travellers since the beginning of 2022, Cambodian-based electronic news outlet Thmeythmey reported on September 10. ...

Khmer Times Staff
https://www.khmertimeskh.com/501149836/cambodians-prefer-vietnam-as-most-favourite-southeast-asian-destination/

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