CGCC provides over US$160 million credit supports to SMEs
The Credit Guarantee Corporation of Cambodia (CGCC) has infused credit guarantees of as much as $164.7 million as of December 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427481/cgcc-provides-over-us160-million-credit-supports-to-smes/
A large French logistics company plans to expand investment in Cambodia
CMA CGM GROUP, a world’s largest shipping and logistics company, is intended to expand its investment in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425801/a-large-french-logistics-company-plans-to-expand-investment-in-cambodia/
10 investment projects worth $60m given green light
On Wednesday, the Council for the Development of Cambodia (CDC) announced the release of 10 investment projects worth $60 million in textile, garment, footwear, and manufacturing industries, creating 12,695 jobs. ...
Yatt Malai
https://kiripost.com/stories/10-investment-projects-worth-60m-given-green-light
Cambodia expects to earn about $88 million a year in transportation costs from the Funan-Techo Canal Project
Cambodia expects to earn $88 million a year from transportation through the Funan-Techo canal by 2050 and reach $570 million a year by then. ...
Khmer Times Staff
https://www.khmertimeskh.com/501483086/cambodia-expects-to-earn-about-88-million-a-year-in-transportation-costs-from-the-funan-techo-canal-project/
Cambodia seals DTA deal with Philippines
Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...
James Whitehead
https://www.khmertimeskh.com/501483860/cambodia-seals-dta-deal-with-philippines/
Stringent rules for meat importers soon, says GDCE
The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...
Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/
Cambodia gears up for LDC graduation challenges
While exiting the Least Developed Country (LDC) status is considered a development milestone for Cambodia, it also means loss of trade benefits enjoyed by LDCs, including duty-free status under the Generalized System of Preferences by various countries especially the European Union. ...
Manoj Mathew
https://www.khmertimeskh.com/501475821/cambodia-gears-up-for-ldc-graduation-challenges/
Cambodia-ASEAN mull revising tariff to monitor trade flow
Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...
Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/
Cambodia expects solutions for Global Tensions at 12th ICAPP General Assembly
Cambodia has been entrusted to host the 12th International Conference of Asian Political Parties (ICAPP) General Assembly for the second time, and it sees this as an opportunity to facilitate solutions for political regional and global issues. ...
Khmer Times Staff
https://www.khmertimeskh.com/501581180/cambodia-expects-solutions-for-global-tensions-at-12th-icapp-general-assembly/
Carlsberg promises support
Danish brewer Carlsberg has vowed to improve the working conditions of Angkor and Carlsberg beer promoters in Cambodia as it tries to stamp out coerced workplace drinking. The company announced late last week it had joined forces with the Danish Confederation of Trade Unions (LO) to ...
Inflation Report To Be Delayed Official Says
With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...
Vietnamese bank upgrades business form to boost investment in Cambodia
The increasing number of Vietnamese investors gives more potential to the Cambodia market. Saigon Though Tin Commercial Bank (Sacombank), on October 5, opened fully its operation as a foreign bank in Cambodia where before it was just a branch in Phnom Penh after the business ...
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
GMAC Defends Use of Force Against Striking Workers
A senior member of the Garment Manufacturer’s Association in Cambodia (GMAC) on Sunday endorsed the use of deadly force by military police against striking garment workers, which left five dead and more than 20 with gunshot wounds. “GMAC condemns the use of violence, period,” he ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/gmac-defends-use-of-force-against-striking-workers-50136/
Garment wage talks fall apart
The tripartite working group set up to negotiate and advise the Ministry of Labour’s Labour Advisory Committee (LAC) on next year’s minimum wage in Cambodia’s garment sector has stopped meeting after reaching a stalemate. Made up of 27 members – nine each from employers, the government ...
Sean Teehan and Mom Kunthear
http://phnompenhpost.com/national/garment-wage-talks-fall-apart
National Rail Project on Hold ‘Indefinitely’
Work on a $143 million donor project to renovate the country’s creaking railway system, which is already over budget and years behind schedule, is now indefinitely postponed due to a lack of funds, with more than 300 km of rail still to be laid, a ...
Phorn Bopha
http://www.cambodiadaily.com/news/national-rail-project-on-hold-indefinitely-51323/
Hun Sen offers more land to Boeng Kak holdout families
Prime Minister Hun Sen, in an attempt to settle an eight-year land dispute, on Tuesday offered additional land in the Boeng Kak lake development to the seven families who had not yet accepted compensation. ...
Sek Odom
https://www.cambodiadaily.com/news/hun-sen-offers-more-land-to-boeng-kak-holdout-families-133914/
Kem Sokha, Hun Sen offer very different hopes for 2018
Prime Minister Hun Sen and former opposition leader Kem Sokha offered starkly divergent New Year’s messages to the Cambodian people, with the former hailing the Kingdom’s “stability” even as the latter grimly warned that recent democratic backsliding could lead to a “fragmented nation”. ...
Ben Sokhean
http://www.phnompenhpost.com/national/kem-sokha-hun-sen-offer-very-different-hopes-2018
City hall makes final offer to evicted families in Borei Keila
Phnom Penh officials announced on Monday that the city had finalized its offer of compensation to 154 families who have spent years protesting their eviction from the Borei Keila neighborhood. ...
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