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CAMFEBA launches an ASEAN guidebook

The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook

More capital for factories

The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...

http://www.phnompenhpost.com/2013031361912/Business/more-capital-for-plants.html

RAC: Consult institutions before coining new words

The president of the Royal Academy of Cambodia (RAC) Sok Touch asked all ministries and institutions to consult with the National Council of Khmer Language (NCKL) before creating a new word. Touch said the request was made to prevent mistakes and keep the public from ...

Niem Chheng
https://www.phnompenhpost.com/national/rac-consult-institutions-coining-new-words

EIA study for marine fish farm

The investor in Cambodia’s first large scale marine fish farm project in Preah Sihanouk province, that was approved by the Council for the Development of Cambodia (CDC) in April, has been asked to submit an environmental impact assessment study to the Ministry of Environment before ...

Chea Vannak
http://www.khmertimeskh.com/5079194/eia-study-marine-fish-farm/

Factory worker wages to be re-examined

Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...

http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html

Inflation dips in November

The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...

http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html

Banks covering their assets

Cambodian financial institutions surveyed yesterday said they were in compliance with the central bank’s revised liquidity coverage ratio (LCR) requirements as the deadline passed to increase their cash and highly liquid assets to weather any internal or external shocks. ...

Kali Kotoski
http://www.phnompenhpost.com/business/banks-covering-their-assets

Prasac inaugurates new HQ in Phnom Penh

Officials expressed optimism that micrOfinance institution Prasac would be able to attract more deposit placing clients, after the inauguration Of its new headquarters in Phnom Penh’s Boeung Tompun district yesterday. Representatives from the National Bank Of Cambodia  and Prasac expect the new 10-storey building to enhance ...

http://www.phnompenhpost.com/Business/prassacs-new-hq-inaugurated.html

Activists call for transparency at Buddhist Institute

The activist Independent Monk Network has called on the Ministry of Cult and Religion to release paperwork proving that an agreement it struck with NagaCorp to help construct an electricity substation at Phnom Penh’s Buddhist Institute does not involve the selling of any of the ...

Mom Kunthear
http://www.phnompenhpost.com/national/activists-call-transparency-buddhist-institute

Workers Blame Mass Fainting on 'Angry Spirit'

After pounding on her chest and demanding a pig’s head, fruits and flowers to be offered to the angry spirit that she believed had taken over her body, garment worker Srey Mom collapsed on the floor of the Global Factory in Kandal province’s Ang Snuol ...

http://www.cambodiadaily.com

MFI loans, deposits continue to increase

Both outstanding loans and savings deposits in 35 microfinance institutions (MFIs) continued to grow from January through to June this year, according to the latest report from the Cambodia Microfinance Association (CMA). By the end of the first half of this year, total loans from MFIs ...

http://www.phnompenhpost.com/business/mfi-loans-deposits-continue-increase

Gov’t studies new tree species

The Ministry of Environment signed a memorandum of understanding (MoU) yesterday with two Chinese companies to study planting “Paulownia-Guotong” – an extremely fast-growing tree used to make furniture and wooden equipment – and practice growing it in Cambodia. Speaking at a workshop on a feasibility ...

Ven Rathavong
http://www.khmertimeskh.com/news/30205/gov---t-studies-new-tree-species/

Cambodia Finally Starts Stock Trading

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/

Citizenship bribes offered: police

Four Vietnamese women claiming to be working for a Vietnamese company attempted to obtain residency papers reserved for Cambodian citizens by bribing authorities in Ratanakkiri’s Sre Angkrang commune last week, police and an NGO said yesterday. The news comes as the government continues a “foreigner census” ...

Phak Seangly
http://phnompenhpost.com/national/citizenship-bribes-offered-police

US Embassy under fire

Government officials reacted strongly yesterday after the US Embassy questioned Cambodia’s commitment to democracy. ...

May Titthara
http://www.khmertimeskh.com/5079943/us-embassy-fire/

Cambodia has 1.9 mln agricultural households: census

Cambodia has approximately 1.9 million agricultural households with about 8.5 million people, or 57 percent of the country’s 14.96 million people, according to the first-ever agriculture census report released on Wednesday. “The 1.9 million agricultural households were engaged in growing of crops that were undertaken in ...

ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-08/22/c_133575304.htm

Experts discuss legitimacy of Government without Opposition

Diplomats, legal experts and political analysts all met in a forum in Phnom Penh Tuesday to discuss the implications of last year’s election and the ongoing political deadlock. Some Diplomats, like Dinesh Patnaik, India’s ambassador to Cambodia, questioned the legitimacy of a government the opposition refuses ...

Kong Sothanarith, Khoun Theara
http://www.voacambodia.com/content/experts-discuss-legitimacy-of-government-without-opposition-/1883843.html

Failed students weigh future

As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...

Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future

Media Groups Call On ‘Political Elite’ to Protect Reporters

More than a dozen journalism and hu­man rights groups have called on Cambodia’s political forces to protect journalists and guarantee citizens’ access to an open and unobstructed press during the current political unrest. In a statement released Wednesday, the Cambodian Center for Independent Media, along with ...

Lindsey Peterson
http://www.cambodiadaily.com/news/media-groups-call-on-political-elite-to-protect-reporters-45436/

As Climate Changes, Farmers Need More Help

The government is not doing enough to help farmers weather the destructive effects of drought and flooding brought on by climate change, leaving NGOs to provide aid and emergency relief in cases of natural disaster, agriculture industry leaders said at a forum yesterday. ...

http://www.cambodiadaily.com

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