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MoC launches Export Service Centre

The Ministry of Commerce (MoC) officially inaugurated the ‘Export Service Centre (ESC)’ at the ministry to promote Cambodia’s exports, assist traders in preparing for exports and boost their confidence in competing in the global market. ...

Mom Kunthea
https://www.khmertimeskh.com/501586370/moc-launches-export-service-centre/

NBC seeks riel accounts for all businesses

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) on Tuesday asked all banking and financial institutions (FIs) to cooperate in opening bank accounts in KHR for all businesses registered in Cambodia. ...

Sum Manet
https://www.khmertimeskh.com/501586430/nbc-seeks-riel-accounts-for-all-businesses/

Meeting suggests dam project moving ahead

Despite reports that Prime Minister Hun Sen recently offered assurances that construction of the controversial Stung Cheay Areng hydropower dam would not be allowed to begin in the near future, local officials are allegedly pushing forward with plans to relocate villagers. Multiple provincial, district and village ...

Alice Cuddy and May Titthara
http://phnompenhpost.com/national/meeting-suggests-dam-project-moving-ahead

High school diploma exams go ‘smoothly’

The Ministry of Education, Youth and Sport said the first day of the high school diploma exams, which kicked off on December 27, went smoothly although over 4,000 registered candidates were absent and automatically failed the test. ...

Voun Dara
https://www.phnompenhpost.com/national/high-school-diploma-exams-go-smoothly

Mass strike ended by Arbitration Council

MORE than 4,000 workers ended a four-day strike outside the M&V factory in Kampong Chhnang province yesterday after the Arbitration Council intervened, issuing an order for them to return to work. The workers, led by the Free Trade Union of Workers in the Kingdom of ...

http://TEP NIMOL

Current accounts in control

Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...

http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html

Cambodia-Thai trade still on track

Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...

http://www.phnompenhpost.com/index.php/2011111152697/Business/cambodia-thai-trade-still-on-track.html

Telecom Cambodia Revenues Drop by $1 Million in 2011

Telecom Cambodia, one of three state-owned enterprises with plans to list on Cambodia’s stock exchange, saw revenues decline by 3 percent to $31 million last year, an official at the company said yesterday. Lao Saroeun, director general of Telecom Cambodia, said that revenues at the company ...

Plans set for Silk Research Centre at RUPP

Cambodian silk producers will be soon able to get quality silkworms from a breeding centre at the Royal University of Phnom Penh (RUPP), thanks to a specialised team that is seeking to increase professionalism in the Kingdom’s silk industry. ...

Hor Kimsay
https://www.phnompenhpost.com/business/plans-set-silk-research-centre-rupp

Cambodia-Laos MoU on GI

Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...

Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/

First-ever FDI survey identifies $20B in capital inflow

Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow

Financial literacy in schools

Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...

Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/

MoU with UN stalled by government

A memorandum of understanding between Cambodia and the United Nations has been stalled for almost 10 months thanks to the government’s insistence that an updated version include pointed references to the concept of “non-interference” lifted from the UN charter, the Post has learned. ...

Shaun Turton
http://www.phnompenhpost.com/national/mou-un-stalled-government

Lenders come out of the dark

More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold, officials said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-come-out-dark

CAMBODIA: Strike continues at Gap supplier factory

A strike at the Ocean Garment factory in Phnom Penh, which supplies US retailer Gap, has entered its third week, despite a court ordering the 2,500 protestors to return to work. The unrest began on 11 August after six female employees accused their Bangladeshi manager of ...

http://www.just-style.com/news/strike-continues-at-gap-supplier-factory_id115380.aspx

Court Drops Complaint against Garment Factory Union Workers

The Phnom Penh Municipal Court yesterday dropped a complaint against five union representatives at the Ocean Garment factory in Pur Senchey district who were accused by management at the firm of inciting weeks of protests. Workers have been demonstrating since Aug. 11, demanding the factory fire a manager ...

Number of outbound travelers jumps

The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...

http://etmcambodia.com

Customs to Give Preference to Trusted Firms

The department of customs and excise will begin certifying companies it deems trustworthy so that their goods have easier passage across Cambodia’s borders, an official said yesterday. Traders will receive ranks based on compliance with customs rules, he [Nuom Chanrith, the director of planning at the Finance Ministry’s general ...

Appeal Court to Try Stalled Case of Murdered Journalist

The case of journalist Hang Serei Odom, who was found hacked to death and stuffed into the trunk of his Toyota Camry in Ratanakkiri province’s O’Chum district on September 11 last year, will be heard by the Appeal Court in Phnom Penh, a senior court ...

Kuch Naren
http://www.cambodiadaily.com/news/appeal-court-to-try-stalled-case-of-murdered-journalist-45107/

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