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Gov't and Donors Set New Reform Targets

The new list of reforms approved by the government at a high-level meeting with its foreign donors on Wednesday offer a mixed bag of targets, with some sectors, such as education, given more ambitious goals than before, while others had their ambitions scaled back and old goals ...

New life insurance product launched

Cambodia’s nascent life insurance market grew slightly after Manulife Cambodia launched the Manulife Savings Protector yesterday. Combining savings and protection, it will provide life protection for 10 or 15 years to create an estate for relatives in case of untimely death and offer benefits from ...

http://www.phnompenhpost.com/index.php/2012120460069/Business/new-life-insurance-product-launched.html

Regus Opens in Cambodia, Expands Footprint to 99 Countries

Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...

http://www.timescolonist.com/business/Regus+Opens+Cambodia+Expands+Footprint+Countries/7550616/story.html

Cambodia's unions cry foul on fainting figures

Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...

http://www.phnompenhpost.com/2013010360603/National/cambodia-s-unions-cry-foul-on-fainting-figures.html

Slums in capital decried

Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...

Sen David
http://www.phnompenhpost.com/national/slums-capital-decried

FTU trio held at factory by rivals in union clash

Workers aligned with the Collective Union of Movement of Workers locked three officials from the Free Trade Union inside the Ocean Garment factory in Phnom Penh for eight hours Tuesday after the two unions argued over who would represent workers in a wage dispute. Ocean’s approximately ...

Sek Odom
http://www.cambodiadaily.com/news/ftu-trio-held-at-factory-by-rivals-in-union-clash-63579/

Work continues at contested KDC site

A company owned by the wife of Mines and Energy Minister Suy Sem forged ahead with its construction of a concrete wall around a swath of disputed land in Kompong Chhnang province Friday, despite a call from the U.N.’s human rights envoy on Thursday that ...

Kuch Naren
http://www.cambodiadaily.com/news/work-continues-at-contested-kdc-site-63906/

Tougher ELC oversight pledged

In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged

Migrant kids’ schooling at risk

A plan floated in Thailand to cut state educational support to migrant workers’ children has drawn the ire of rights groups, which say thousands of Cambodian youths could be denied their basic right to education. According to Thai media, Kamol Rodklai, secretary-general of the Office of ...

Alice Cuddy and Phak Seangly
http://phnompenhpost.com/national/migrant-kids%E2%80%99-schooling-risk

Cambodia wants to inspect 50 seized artefacts

Cambodia is seeking access to the scores of artefacts seized from disgraced former crime-buster Lt-General Pongpat Chayaphan to determine if any of them belong to it, diplomatic sources said yesterday. Bowornwej Rungrujee, director-general of the Fine Arts Department, early this month offered to send back some ...

Supalak Ganjanakhundee
http://www.nationmultimedia.com/national/Cambodia-wants-to-inspect-50-seized-artefacts-30249839.html

PPWSA shuffle no surprise

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

http://Phnom Penh Water Supply Authority shuffle no surprise

CSX reviews first application for Growth Board IPO

The Cambodia Securities Exchange (CSX) is currently going over its first-ever initial public offering (IPO) eligibility review application for a company to list on its Growth Board since the secondary board was launched in 2015, its vice-chairman Ha Jong-weon told The Post on December 14. ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-reviews-first-application-growth-board-ipo

Industry prepares the ground for longan

Cambodian Xing Can Shi Pin Co Ltd has reportedly earmarked $11.2 million to set up a factory to process cashew nuts and produce dried mangoes, pineapples, jackfruits and longan, in Kampong Speu province’s northwesternmost Oral district, offering a ray of solace to the Kingdom’s beleaguered ...

Thou Vireak
https://www.phnompenhpost.com/business/industry-prepares-ground-longan

MoE plans Bokor eco-tourism

The Ministry of Environment on Monday has approved five small-scale eco-tourism development plans in Preah Monivong Bokor National Park. These new eco-tourism projects in Kampot province’s Prek Tnort commune will create more employment opportunities for the local population, offering sustainable livelihoods and improving the local ...

Son Minea
https://www.khmertimeskh.com/50959591/moe-plans-bokor-eco-tourism/

UNICEF, government hold forum on child rights

UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...

Sok Raksa
https://www.phnompenhpost.com/national/unicef-government-hold-forum-child-rights

‘How can we help grow your economy?’ Australia asks Cambodia

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia

Cambodia set to continue export duty incentives in rubber sector

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector

BRI projects not to lead Cambodia into debt trap

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/

Tax incentives introduced to encourage informal economy

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General Department of Taxation ...

James Whitehead
https://www.khmertimeskh.com/501509765/tax-incentives-introduced-to-encourage-informal-economy/

Empowering fishing community with skills

A small community of houses sit on the edge of a tranquil stretch of river in Kampot, where ecotourism project Trapaeng Sangkae Community Fisheries has breathed new life into the area, offering residents an extra form of income while helping to conserve this delicate riverine ...

Yatt Malai
https://kiripost.com/stories/empowering-fishing-community-with-skills

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