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Ratanakkiri Temple Now in Land Concession

Like most millennium-old structures discovered in the forests of Cambodia, the locals had known all along about this one. Jarai minority villagers in this remote spot in Ratanakkiri province’s O’Yadaw district not only knew about it, but they revered the red-brick temple, using it as a ...

Kuch Naren and Michelle Vachon
http://www.cambodiadaily.com/news/ratanakkiri-temple-now-in-land-concession-47779/

MoEYS discusses ways to bolster youth skills at ECOSOC forum

The Ministry of Education, Youth and Sport (MoEYS) on Tuesday led a high-level delegation to participate in the United Nations Economic and Social Council (ECOSOC) Youth Forum 2024 held in New York city – aimed at strengthening the skills and capacity of Cambodian young people ...

Nhean Chamrong
https://www.khmertimeskh.com/501474732/moeys-discusses-ways-to-bolster-youth-skills-at-ecosoc-forum/

Majority of Unions Reduce Wage Demands

Six of the 10 labor unions negotiating with the country’s garment manufacturers over a new minimum wage for factory workers dropped their demands yesterday to $73 per month, breaking previous commitments by unions to stand at $91. Ken Loo, secretary-general of the Garment Manufacturers Association ...

http://www.cambodiadaily.com

CLC proposes $211 as minimum wage

The Cambodian Labour Confederation yesterday said that it will propose $211.94 to be the new minimum wage for garment workers during this month’s negotiations. CLC made the announcement after a meeting between various unions which touched upon criteria that included cost of living, inflation, productivity, ...

Sen David
https://www.khmertimeskh.com/50531460/clc-proposes-211-as-minimum-wage/

Officials seek assistance in planning for marine park

Environmental officials confirmed yesterday that they are seeking the assistance of conservation NGO Fauna and Flora International (FFI) in drafting a management plan for the new Koh Rong Marine National Park, and that for now, the previous conservation structure operated by the Fisheries Administration and ...

Alessandro Marazzi Sassoon and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/officials-seek-assistance-planning-marine-park

Unions want arbitration council deal renewed

Trade unions at either end of the political divide Wednesday said they were eager to renew their agreement with garment factories to abide by the rulings of the country’s Arbitration Council, with some changes, despite a new report showing that both unions and employers often ...

Zsombor Peter
http://www.cambodiadaily.com/business/unions-want-arbitration-council-deal-renewed-65410/

Open Development Cambodia publishes a new topic page on “Banking and financial services policy and regulation”

Open Development Cambodia (ODC) publishes a new topic page on the “Banking and financial services policy and regulation”. On the new bilingual page, the public will be able to get more insights about banking and financial development in Cambodia, specifically on policies and regulations.  => Please ...

Discussion on petroleum law resumes

With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were ...

Chea Vannak
https://www.khmertimeskh.com/50479974/discussion-on-petroleum-law-resumes/

Food-price hike hits workers

The price of food spiked this month, and Cambodia’s low-paid garment workers are feeling the effects. Meat, vegetables, toothbrushes, beauty accessories and even the plastic bags they get packed in have all seen a sharp bump up in price this month, some items by as much ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/food-price-hike-hits-workers

Ford takes 20 per cent of new car market

Before the big dinner with Hillary Clinton, Prime Minister Hun Sen and the leaders of Thailand and Myanmar on July 13 in Siem Reap, Tom Whitcraft of RMA Group, which owns the Ford dealership in Cambodia, sat down for an interview. Whitcraft said Ford has about ...

http://www.phnompenhpost.com/index.php/2012072357549/Business/ford-takes-20-per-cent-of-new-car-market.html

Cambodia Takes Aim at the Dominant Dollar

PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...

http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html

Kids’ supplement results mixed

The Cambodian government and UNICEF yesterday released results of a clinical trial on new locally produced food supplements to tackle the country’s persistently dismal malnutrition figures, with at least one of the two products proving effective.   ...

Yesenia Amaro
http://www.phnompenhpost.com/national/kids-supplement-results-mixed

Cambodia to prioritise ASEAN in foreign policy

Cambodia’s state-owned news agency Agence Kampuchea Presse (AKP) recently published an article, forecasting the foreign policy of the Royal Government for the seventh term under the leadership of new Prime Minister Hun Manet. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349068/cambodia-to-prioritise-asean-in-foreign-policy-media/

Government Goes to China in Search of New Loans

Prime Minister Hun Sen will travel to China on Saturday to meet with the rising superpower’s new leadership, in a trip the government expects to yield nearly $2 billion in loans and aid. Most significantly, the Government is hoping to secure Chinese funding for a 1.67 ...

http://www.cambodiadaily.com/news/government-goes-to-china-in-search-of-loans-17314/

Exports reach $3.5 billion in the first nine months

Total exports during the first nine months of the year rose 41 percent to $3.5 billion compared to the same period in 2010, according to data released by the Ministry of Commerce. of the total amount, $3.1 billion was in garments, $10 million in paddy rice, ...

Kingdom awaits US trade law

The US House of Representatives has renewed a trade law experts said could have a substantial effect on Cambodia’s exports to the United States, as well as the future of the Kingdom’s manufacturing sector. The Generalized System of Preferences (GSP) program waived tariffs on about US$13 ...

http://www.phnompenhpost.com/index.php/2011091251593/Business/kingdom-awaits-us-trade-law.html

Real estate developers warned

Unlicensed real estate developers may find their projects blacklisted if they fail to register with the Ministry of Economy and Finance (MEF), a ministry official said yesterday. The MEF published the names of three developers in a local paper last week and has promised to warn ...

http://www.phnompenhpost.com/index.php/2011091651705/Business/real-estate-developers-warned.html

CSX trading postponed again until next year

Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, ...

http://www.phnompenhpost.com/index.php/2011101252082/Business/csx-trading-postponed-again-until-next-year.html

Kingdom pushes power grid

The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...

http://www.phnompenhpost.com/index.php/2011122053502/Business/kingdom-pushes-power-grid.html

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