‘Historic’ deal for workers
Labour-rights groups are lauding a “historic” deal that will result in about $200,000 in wages and benefits being paid to workers who were stranded when the Kingsland Garment factory in Phnom Penh closed unannounced in December. In a meeting on Friday that took place as more ...
http://www.phnompenhpost.com/2013030461726/National/historic-deal-for-workers.html
From Alibaba, a Trove of Cambodian Treasures
From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website. Alibaba.com – which claims more than 80 million users worldwide and is ...
http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/
Cambodia Sees Massive Foreign Investment Growth in 2012
Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...
Banking Sector Sees Strong Growth in 2011
Earnings from two of Cambodia’s banks have shown growth within the sector for the first six months of 2011. Acleda Bank and Cambodian Public Bank Plc, have had their profits rise to $21.7 million and $13.4 million respectively. The banks have grown as a result ...
Police Detain Recruitment Agency Chief for Suspected Fraud
The director of a recruitment agency in Siem Reap will face fraud charges today at the provincial court for allegedly taking money from victims in exchange for promised jobs in the U.S., police said yesterday. Hong Bunhav, chief of research and investigations section of the Siem ...
Pursat Police Official Charged Over Illegal Fishing
The Pursat Provincial court on Friday charged Krakor district’s judicial police bureau chief for taking bribes in order to allow illegal fishing in the Tonle Sap Lake, officials said yesterday. [Hong Bunthoeun] stands accused of accepting bribes to allow illicit fishing in parts of the Tonle ...
Malaysian bank eyes the affluent
A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong Bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong Bank Cambodia, ...
http://www.phnompenhpost.com/2013070866710/Business/malaysian-bank-eyes-the-affluent.html
Regulator sees growth
Camcontrol revenues for the first nine months of the year hit US$7.9 million, surpassing the Ministry of Economy and Finance’s revenue goal of $6 million for the year. Kong Putheara, director of the Ministry of Commerce’s statistics department, this week said the unexpected growth came from ...
http://www.phnompenhpost.com/index.php/2011110352505/Business/regulator-sees-growth.html
Memorandum to fight money laundering
The General Department of Taxation (GDT) signed a memorandum of understanding with the Financial Intelligence Unit of the National Bank of Cambodia (FIUNBC) to exchange information on money laundering and the financing of terrorist activities. ...
Sum Manet
http://www.khmertimeskh.com/news/26678/memorandum-to-fight-money-laundering/
Non-taxpayers targeted
The government will not increase the rate for income tax and other taxes for the next two years, but will instead concentrate on expanding the base for tax collection, taking into account that there are still many individuals and businesses that do not pay tax ...
Sok Chan
http://www.khmertimeskh.com/news/30034/non-taxpayers-targeted/
Cambodian PM vows to protect environment
Cambodian Prime Minister Hun Sen said Monday he decided to choose environment protection, not to choose 30 billion U.S. dollar expected revenues from the exploitation of titanium ore in Southwestern Cambodia. “According to a feasibility study, titanium ore deposit in Chhiphat district in Koh Kong province ...
http://news.xinhuanet.com/english/world/2012-12/17/c_132046623.htm
Environmental activist Chut Wutty shot dead
Cambodia’s most outspoken activist against illegal logging was shot dead today while escorting journalists near a protected forest in Koh Kong province, where he has repeatedly attempted to expose illegal logging rackets that include military officials. Chut Wutty, the director of Natural Resource Protection Group, was ...
Anniversary marked by inaction
Six months after two of her co-workers were crushed to death when a storage level collapsed at the Wing Star Shoes factory in Kampong Speu, employee Yu Manith is noticing the cracks in a factory wall beginning to expand. Shortly after police rummaged through the ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/anniversary-marked-inaction
Signed up for work, forced into marriage
An NGO is working to free two Cambodian women forced into marriage in China, a representative of the organisation said yesterday. Huy Pichsovann, program officer at the Community Legal Education Center (CLEC), said that the two women, aged 22 and 27, were enticed from their Kampong ...
James Hall and Phak Seangly
http://www.phnompenhpost.com/national/signed-work-forced-marriage
Union bosses called in
Phnom Penh Municipal Court on Friday summonsed three senior leaders of Cambodia’s largest independent garment union for questioning over claims they embezzled money meant to be paid to workers in compensation following an industrial dispute, a court official has said. ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/union-bosses-called
CNRP visits vietnamese prayer sites in Kampot
Bokor Mountain, Kampot province – Spurred on by social media rumors that Vietnamese tourists are flocking to this colonial-era retreat for elaborate, hidden ceremonies at the graves of their ancestors, CNRP lawmaker Yem Ponhearith on Thursday led about 50 officials here on a fact-finding trek. ...
Khuon Narim and Alex Willemyns
https://www.cambodiadaily.com/news/cnrp-visits-vietnamese-prayer-sites-in-kampot-77899/
Announcement on the delay of the higher secondary diploma examination
On 24 August 2022, the Ministry of Education Youth and Sports has posted an announcement on the delay of the higher secondary diploma examination on its social media site. According to the announcement, the proposed date for the upcoming higher secondary diploma examination was on 14 ...
Ministry of Education Youth and Sports
90 Garment Factory Workers Faint Over Two-Day Period
About 90 garment factory workers fainted over a two-day period last week at Zhen Tai garment factory in Sen Sok district’s Phnom Penh Thmei commune, union officials and police said yesterday, though accounts of what caused the mass fainting differed. Thirty workers first fainted on ...
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
Property Developers Seek Ministry Licenses
Several property developers ave approached the Ministry of Finance to ask for licenses after the ministry warned buyers last month not to purchase housing fro developers who are not licensed to sell their properties. The ministry’s warning, issued Aug 11, identified three local developers that ...