Meeting suggests dam project moving ahead
Despite reports that Prime Minister Hun Sen recently offered assurances that construction of the controversial Stung Cheay Areng hydropower dam would not be allowed to begin in the near future, local officials are allegedly pushing forward with plans to relocate villagers. Multiple provincial, district and village ...
Alice Cuddy and May Titthara
http://phnompenhpost.com/national/meeting-suggests-dam-project-moving-ahead
Education institutions to churn out skilled workforce to meet demand
Cambodia needs a skilled workforce to meet the market demands of today and tomorrow and this is seriously lacking and becoming a major concern, especially when it is much needed to keep pace with the national growth and developments. ...
Tith Kongnov
https://www.khmertimeskh.com/501056226/education-institutions-to-churn-out-skilled-workforce-to-meet-demand/
Mass strike ended by Arbitration Council
MORE than 4,000 workers ended a four-day strike outside the M&V factory in Kampong Chhnang province yesterday after the Arbitration Council intervened, issuing an order for them to return to work. The workers, led by the Free Trade Union of Workers in the Kingdom of ...
Current accounts in control
Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...
http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html
Cambodia-Thai trade still on track
Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...
Telecom Cambodia Revenues Drop by $1 Million in 2011
Telecom Cambodia, one of three state-owned enterprises with plans to list on Cambodia’s stock exchange, saw revenues decline by 3 percent to $31 million last year, an official at the company said yesterday. Lao Saroeun, director general of Telecom Cambodia, said that revenues at the company ...
Cambodia-Laos MoU on GI
Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...
Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/
Financial literacy in schools
Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...
Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/
MoU with UN stalled by government
A memorandum of understanding between Cambodia and the United Nations has been stalled for almost 10 months thanks to the government’s insistence that an updated version include pointed references to the concept of “non-interference” lifted from the UN charter, the Post has learned. ...
Shaun Turton
http://www.phnompenhpost.com/national/mou-un-stalled-government
Failure to enforce jobs quota law shortchanges Cambodia’s disabled
If there is to be an end to the cycle of poverty that afflicts many Cambodians with disabilities, then most experts agree that stable employment will be one of the prerequisites. ...
David Hutt
http://sea-globe.com/lack-enforcement-cambodia-disabled-law/
Lenders come out of the dark
More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold, officials said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/lenders-come-out-dark
CAMBODIA: Strike continues at Gap supplier factory
A strike at the Ocean Garment factory in Phnom Penh, which supplies US retailer Gap, has entered its third week, despite a court ordering the 2,500 protestors to return to work. The unrest began on 11 August after six female employees accused their Bangladeshi manager of ...
http://www.just-style.com/news/strike-continues-at-gap-supplier-factory_id115380.aspx
Court Drops Complaint against Garment Factory Union Workers
The Phnom Penh Municipal Court yesterday dropped a complaint against five union representatives at the Ocean Garment factory in Pur Senchey district who were accused by management at the firm of inciting weeks of protests. Workers have been demonstrating since Aug. 11, demanding the factory fire a manager ...
Number of outbound travelers jumps
The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...
Customs to Give Preference to Trusted Firms
The department of customs and excise will begin certifying companies it deems trustworthy so that their goods have easier passage across Cambodia’s borders, an official said yesterday. Traders will receive ranks based on compliance with customs rules, he [Nuom Chanrith, the director of planning at the Finance Ministry’s general ...
Appeal Court to Try Stalled Case of Murdered Journalist
The case of journalist Hang Serei Odom, who was found hacked to death and stuffed into the trunk of his Toyota Camry in Ratanakkiri province’s O’Chum district on September 11 last year, will be heard by the Appeal Court in Phnom Penh, a senior court ...
Kuch Naren
http://www.cambodiadaily.com/news/appeal-court-to-try-stalled-case-of-murdered-journalist-45107/
Garment exports up, margins down
Despite concerns that political uncertainty would be a drag on the economy, Cambodia’s garment exports continued on an upward trend in the first nine months of the year, the latest data show. Though volume increased, factory profit margins were squeezed due to labour disputes and demands ...
Hor Kimsay
http://www.phnompenhpost.com/business/garment-exports-margins-down
Gov’t pledges to cut red tape
In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday. Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape
Factory Owners Slam Government Over Handling of Strikes
Members of the Garment Manufacturers Association of Cambodia (GMAC) said during a conference Sunday that they are “fed up” with the government for not controlling strikes by labor unions. “All of us have the same issue: illegal strikes,” Van Porphin, a member of GMAC’s executive committee, ...
Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/news/factory-owners-slam-government-over-handling-of-strikes-49352/
Tax reform looms large for new government
Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government