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SEAPAW unveils new wave of water and climate adaptation

The region’s first platform aimed at strengthening water resilience across Southeast Asia while bolstering climate resilience has been launched in the form of the Southeast Asia Partnership for Adaptation through Water (SEAPAW). ...

Marissa Carruthers
https://kiripost.com/stories/seapaw-unveils-new-wave-of-water-and-climate-adaptation

Cambodia discusses plans to localize the global Sendai Gender Action Plan

Representatives from the Swiss Agency for Development and Cooperation, Swedish International Development Cooperation Agency, National Committee for Disaster Management, Ministry of Women’s Affairs, and UN Women at a multi-stakeholder dialogue on gender action plans for disaster risk reduction. ...

Khmer Times Staff
https://www.khmertimeskh.com/501513136/cambodia-discusses-plans-to-localize-the-global-sendai-gender-action-plan/

Cambodia to broaden cooperation with Malaysia and Germany

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, held here at the Peace Palace yesterday separate talks with Shaharuddin Onn, Ambassador of Malaysia, and Stefan Messerer, Ambassador of Germany to Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501516458/cambodia-to-broaden-cooperation-with-malaysia-and-germany/

Siem Reap’s Secret Multimillion Dollar Land Swap

Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...

Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/

Growth in vehicle sales fuelled by bank loans, dealers say

Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, increased ...

http://www.phnompenhpost.com/index.php/2011070450153/Business/growth-in-vehicle-sales-fuelled-by-bank-loans-dealers-say.html

Cables From Bangkok, Phnom Penh Show Varying Analyses

According to diplomatic cables released by WikiLeaks US officials in Bangkok believed that Prime Minister Hun Sen’s decision to name former Thai premier Thaksin Shinawatra as an economic adviser in 2009 backfired after it increased support of the opposition. The Premier at the time of ...

Border stop to get traffic increase

Cambodia and Vietnam have agreed to increase the number of vehicles permitted to travel through the Trapeang Sre border gate in Kratie province, aiming to boost cross-border commerce and tourism. The agreement allows 300 vehicles from each country to register to pass freely through the ...

http://www.phnompenhpost.com/index.php/2011080150775/Business/border-stop-to-get-traffic-increase.html

Hotel Staff Fired for Union Creation, Say Rights Group

Staff of the Angkor Village Hotel and Resort in Siem Reap have begun protested after the owner fired a total of 30 trade union officials and members after the staff joined a union in July. The dispute initially started when the owner of the hotel ...

Khy Sovuthy, P 24
http://www.cambodiadaily.com

Business Registrations Up 34% This Year

The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...

Workers face contract woes

The use of short-term contracts by employers in the Kingdom’s garment industry is threatening workers’ rights and could lead to decreased productivity in the sector, researchers said at a meeting yesterday. Following the release of a report by Yale Law School last week based on ...

http://www.phnompenhpost.com/

Economists See Growth Potential in Stock Exchange

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...

http://www.voanews.com/khmer-english/news/economy-business/Economists-See-Growth-Potential-in-Stock-Exchange-126703268.html

Fainting factory told to act

Another garment factory within the International Labour Organisation’s Better Factories program was hit by a mass fainting incident yesterday.  More than 50 employees of Heart Enterprise (Cambodia) Co Ltd began collapsing soon after starting their shift at the facility, in Phnom Penh’s Dangkor district. An ...

http://www.phnompenhpost.com/index.php/2011090151398/National-news/fainting-factory-told-to-act.html

Hands-on contest a hit in Cambodia

Long a popular fixture of US TV and radio competitions, “Hands on a Hardbody,” a marathon endurance contest where participants vie to hold their palms against a car the longest in order to win it, has expanded to Cambodia. More than 80 participants took part ...

http://www.phnompenhpost.com/index.php/2011090151403/Lifestyle/hands-on-contest-a-hit-in-cambodia.html

Moody’s Downgrades Acleda, Cites Risk

Ratings agency Moody’s changed its outlook on Acleda Bank’s financial strength yesterday to “negative” from “stable” and downgraded its rating of the bank’s local currency deposits to Ba2 from Ba1. The rating downgrade was applied due to changes in shareholders at the bank over the ...

BBAC event set to lure British firms

The number of British companies operating in the country is expected to increase in the coming years, as the British Business Association of Cambodia (BBAC) gears up to chair the Kingdom’s first Britain in Southeast Asia conference next month. The conference, which is set to draw ...

http://www.phnompenhpost.com/index.php/2011091451618/Business/bbac-event-set-to-lure-british-firms.html

Vietnam trade passes $2bn

Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...

http://www.phnompenhpost.com/index.php/2011102852398/Business/vietnam-trade-passes-2bn.html

'Brand aid' failing workers

A strike this morning at a garment factory located near the bend of a dirt road in Bonal Sa-ith village in Sen Sok district underscores the need for enhanced enforcement of labour legislation, the president of the Free Trade Union said yesterday. Chea Mony also said ...

http://www.phnompenhpost.com

Criminal gang targeting ATMs in Cambodia

A group of highly organized criminals have been installing devices into ATMs around Cambodia capable of copying card details and stealing thousands of dollars of cash from customer bank accounts. Canadia Bank and ANZ are among the banks thAT have been targeted by the gang, who ...

Three more shot dead logging on border

Three Oddar Meanchey province villagers were shot to death on Monday while logging on the Thai-Cambodian border, officials said yesterday, bringing the total number of border killings so far this year to 14 and drawing concern from human rights groups over the continuing bloodshed around ...

Ease Flood Victims' Debts, Hun Sen Tells MFIs

Prime Minister Hun Sen has called on microfinance institutions to reduce interest rates and expand repayment periods for the tens of thousands of families affected by last year’s devastating floods. Addressing microfinance institutions (MFIs) on Tuesday during a conference at the Ministry of Rural Development, ...

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