Storm batters Sihanoukville, Phnom Penh next
At least 60 containers at the Sihanoukville Autonomous Port were knocked over on Tuesday morning, as coastal areas were battered with high winds, heavy rains and two-meter high waves. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/15768/storm-batters-sihanoukville--phnom-penh-next/
Cambodia reports 1.41 bln USD trade deficit in first eight months
Cambodia has witnessed a trade deficit of 1.41 billion U.S. dollars in the first eight months of the year, according to figures from the Ministry of Commerce on Monday. The country’s total import and export volume was valued at 10.45 billion U.S. dollars during the January-August ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/16/c_132725537.htm
Products edge closer to GI status
Feasibility studies on achieving Geographical Indication status for Thma Koul rice, Kampot durian and Cambodian golden silk have been completed, officials said yesterday. Ouk Prachea, secretary of state at the Ministry of Commerce, said the ministry was waiting for the results of the studies done by ...
Chan Muyhong
http://www.phnompenhpost.com/products-edge-closer-gi-status
Chainsaws stayed busy in past year
The extent of the devastation of Cambodia’s forests was brought into sharp relief as 2013 drew to a close, with a series of detailed maps and satellite data released by NGOs showing the drastic depletion of the Kingdom’s woodland ecosystems. Images released by Open Development Cambodia ...
Daniel Pye
http://www.phnompenhpost.com/national/chainsaws-stayed-busy-past-year
Ministry of Education, Youth and Sports
H.E. Hang Chuon Naron and Julie Chung in the inauguration of the Rice Academy, Cambodia. Photo by U.S Embassy Phnom Penh, take on 17 September 2014. Licensed under CC BY-NC-ND 2.0In 1996, the Ministry of Education, Youth and Sport (MoEYS) was established.1 Its organization and functioning ...
East Asia growth to recover next year: WB
Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...
http://ph.news.yahoo.com/east-asia-growth-recover-next-wb-060002801.html
Workers Faint Daily in Sihanoukville, NGO says
The Cambodian Legal Education Center (CLEC) is “extremely concerned” after an investigation following a mass fainting last month at Nanguo garment factory in Preah Sihanouk province last month found that at least one to two workers are fainting daily in eight factories in the province. ...
Over 1,834 SMEs benefit from $221 million loans
The SME Bank of Cambodia has said 1,834 small and medium-sized enterprises (SME) benefitted from loans under the phase II financing scheme as of May 31 this year, which involved $221 million – about 92 percent of the total funding budget of $240 million. ...
Sok Sithika
https://www.khmertimeskh.com/501089865/over-1834-smes-benefit-from-221-million-loans/
After Factory Collapse, Questions Mount Over ILO Monitoring
Labor rights activists and a government official accused the International Labor Organization’s Better Factories Cambodia program of ineffectiveness in its monitoring of factory conditions following a deadly ceiling collapse on Thursday at a shoe factory in Kompong Speu province. Moeun Tola, labor program head of the ...
http://www.cambodiadaily.com/news/after-factory-collapse-questions-mount-over-ilo-monitoring-24860/
Push to get SMEs listed on CSX
For small and medium sized Cambodian enterprises hoping to list on the local stock market – the Cambodia Securities Exchange (CSX) – there is now an opportunity to realize their dream of seeing their stocks traded. ...
May Kunmakara
http://www.khmertimeskh.com/news/25721/push-to-get-smes-listed-on-csx/
Cassava exports up, prices low
Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam. ...
Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/
Garment exports up, margins down
Despite concerns that political uncertainty would be a drag on the economy, Cambodia’s garment exports continued on an upward trend in the first nine months of the year, the latest data show. Though volume increased, factory profit margins were squeezed due to labour disputes and demands ...
Hor Kimsay
http://www.phnompenhpost.com/business/garment-exports-margins-down
Protest to greet Union Law vote
As the National Assembly finally comes face to face with the draft union law today, it is unclear whether opposition lawmakers will vote against the contentious legislation. Independent trade unions, meanwhile, are planning a protest outside parliament. ...
Meas Sokchea
http://www.phnompenhpost.com/national/protest-greet-union-law-vote
1,600 fired garment workers demand jobs back after strike
About 100 garment workers from a factory in Takeo province that supplies German sports brands Puma and Adidas protested in front of the Labor Ministry Wednesday to demand the reinstatement of about 1,600 staff fired last month for striking over inadequate benefits. ...
Sek Odom
https://www.cambodiadaily.com/news/1600-fired-garment-workers-demand-jobs-back-after-strike-100064/
Cambodia calls for deeper East Asian financial cooperation
Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...
Nontariff barriers continue to hinder regional trade
While tariffs across the Asia-Pacific region have dropped over the last 20 years as a result of bilateral and multilateral trade agreements, nontariff barriers such as red tape and quotas continue to hinder the economic growth of Cambodia and other countries in the region, the ...
Kali Kotoski
http://www.phnompenhpost.com/business/nontariff-barriers-continue-hinder-regional-trade
Hun Sen encourages Korean investment
Prime Minister Hun Sen asked a former South Korean leader to help promote Cambodia and attract more Korean investors to the Kingdom now that there is a free trade agreement (FTA) in place between the countries. ...
Lay Samean
https://www.phnompenhpost.com/business/hun-sen-encourages-korean-investment
Release plan ignores issue: org
Local rights group Licadho yesterday praised the government’s plan to release a number of incarcerated women who are pregnant or have their children with them in prison within the next week, but said deeper reforms are needed. In a statement, the NGO said it welcomed an ...
Alice Cuddy and Chhay Channyda
http://www.phnompenhpost.com/release-plan-ignores-issue-org
Cambodia launches macroeconomic surveillance database system testing
The National Bank of Cambodia (NBC) and ADB’s Economic Research and Regional Cooperation Department have launched the Macroeconomic Surveillance Database System (MSDS) testing to secure timely report of macroeconomic and financial status. ...
Khmer Times Staff
https://www.khmertimeskh.com/50902661/cambodia-launches-macroeconomic-surveillance-database-system-testing/
842 protests, strikes occur in 2013: Ministry
Protests and strikes led by opposition party, associations and labor unionists negatively affected security and public orders, and livelihoods of residents as well as the Nation’s economy, according to brief report of Ministry of Interior. The 83-page report said 842 protests and strikes took place in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjY3OWMzNjE0NGE