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Overloaded vehicles at issue

Overloaded vehicles are contributing to a more rapid than anticipated deterioriation of Cambodia’s road network, experts said yesterday The ADB has funded an axle-load control programme as part of a US$1 million technical package to support government rehabilitation of about 150 kilometers of the Kingdom’s roads. ...

http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html

Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

Release of ‘Small Fish’ Continues Amid Fishing Lots Cancellation

Days after Prime Minister Hun Sen announced a blanket pardon for all suspects and convicts jailed for small-time fisheries crimes, the premier yesterday signed into effect an expected sub-decree canceling fishing lots across the country. Last month, Mr. Hun Sen announced that he would cancel ...

Swift action on mass faints

Prime Minister Hun Sen ordered Ministry of Labour officials to quickly investigate and resolve problems leading to recent mass faintings at factories in Kampong Chhnang and Phnom Penh during meeting with the Council of Ministers on Friday.  Last week around 300 workers fainted at M&V ...

May Tithara, P. 2
http://www.phnompenhpost.com/national/swift-action-mass-faints

Living wage a ‘Human Right’

Panellists at the first “Permanent People’s Tribunal” on wages and conditions for Cambodian garment workers yesterday released their findings, declaring that a living wage for workers should be considered a “human right”. The hearing included two days of testimony by workers, labour experts and brand-name buyers. While ...

http://www.phnompenhpost.com/index.php/2012020954412/National-news/living-wage-a-human-right.html

Kingdom in talks with Russia for nuclear science

Cambodian and Russian experts yesterday concluded discussions on the possibility of constructing and establishing a Nuclear Science and Technology Centre in the Kingdom.​ The discussion, which was held in Siem Reap province over two days, took place at the 3rd meeting of a Cambodia-Russia joint ...

Taing Vida
https://www.khmertimeskh.com/50664303/kingdom-in-talks-with-russia-for-nuclear-science/

Aeon Mall to Break Ground in November

Japanese developer Aeon Mall (Cambodia) Co. Ltd. will break ground on a 68,400 square meter high-end shopping mall in Phnom Penh in November, the firm said yesterday. Speaking during an introductory workshop for potential tenants, Kuniaki Minohara, general manager of Aeon’s leasing department, said the mall ...

Tobacco lost to smuggling, survey shows

Government data show that significant amounts of tobacco are being smuggled out of the country each year, health and economics experts said yesterday. A national tobacco survey from 2011, the exact numbers of which remain confidential, shows that more tobacco is produced in Cambodia than is ...

http://www.phnompenhpost.com/index.php/2012091958796/National-news/tobacco-lost-to-smuggling-survey-shows.html

Cambodia's highly competitive mobile phone industry poised for change

The nation is awash with SIM cards, and that is indicative of an industry that, as most observers see it, is simply overcrowded. But [mobile phone] operators, despite their special promotions and a young population in love with phones, are finding themselves squeezed as margins ...

Tuol Kork on the rise

Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom ...

http://www.phnompenhpost.com/index.php/Real-Estate/tuol-kork-on-the-rise.html

CAMBODIA: Rural poor lose out in land deals

Land governance policies in Asia, especially concessions made to private companies, are leaving the region’s poorest vulnerable to human rights abuses, experts say. “Land-grabbing by the rich and powerful continues,” Suson Bunsak, executive secretary of the Cambodian Human Rights Action Committee, said at the recent Asia ...

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

Garment Workers Faint at H&M Clothing Plant

Thirty-four garment factory workers fainted yesterday morning in Kompong Chhnang province, making it the third time in a year that a mass fainting has occurred at the factory, workers said yesterday. M&V International Manufacturing LTD. factory, which is a supplier to Swedish clothing brand H&M, experienced two incidents of ...

Phok Dorn, P. 19
https://opendevelopmentcambodia.net/wp-content/uploads/sites/2/2017/08/16-August-2012-page-001.jpg

Riel stabilizes versus dollar

The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the US economy ...

http://www.phnompenhpost.com/index.php/2012081557985/Business/cambodias-riel-stabilises-against-dollar.html

Local cashew nut exports increasing

Cambodia’s cashew-nut exports increased sharply from 443 tonnes in 2011 to 4,453 tonnes last year, according to the Ministry of Commerce. But observers say these figures do not reflect reality, as a large percentage of exports had not been recorded. An expert in cashew nut production, ...

http://www.phnompenhpost.com/2013020661205/Business/local-cashew-nut-exports-increasing.html

Mine Safety Law on Agenda

The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ...

http://www.phnompenhpost.com/2013053165981/National/mine-safety-law-on-agenda.html

Instalment payments for goods gaining purchase

AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...

http://www.phnompenhpost.com/2013051765679/Business/instalment-payments-for-goods-gaining-purchase.html

China provides mine clearance training to Cambodian soldiers

A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers

Assembly passes first of three contentious laws on judicial reform

Ruling party lawmakers at the National Assembly pass the first of three draft laws in judicial reform, defying an opposition boycott and ignoring calls for further review by outside legal experts. The Law on the Organization of the Courts will put more power within the Ministry ...

Suy Heimkhemra
http://www.voacambodia.com/content/assembly-passes-first-of-three-contentious-laws-on-judicial-reform/1920338.html

Rubber smuggling threatens industry’s recovery

An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/

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