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. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

It was not her degree in finance and banking that encouraged Keo Sopheap to start her own business. It was her sister’s marriage to an American that introduced her to foreign fast food. Now Sopheap owns a sandwich shop in Phnom Penh. Sopheap, a Norton ...

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 ...

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 ...

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 ...

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 ...

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).   ...

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 ...

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. ...

The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...

Thach Ry, a 64-year-old Khmer Krom man, fled Vietnam in 2008 after authorities there tried to arrest him for protesting the government’s treatment of his community. Arriving in Cambodia with his wife and daughter, authorities here tried to arrest him, too, he said, so like many ...