Garment exports still ‘solid’ amid raises: ILO
Cambodia’s garment industry continued to perform “solidly” through the first half of the year, allaying fears that recent minimum wage increases would cripple one of the country’s main economic engines, according to the latest figures released by the International Labor Organization (ILO). ...
Zsombor Peter
https://www.cambodiadaily.com/news/garment-exports-still-solid-amid-raises-ilo-99270/
More Boeng Kak families accept land swap
Twenty-one more families facing eviction from Phnom Penh’s Boeng Kak neighborhood have accepted new plots of land in exchange for moving, further whittling down the number of families still holding out for better deals. ...
Aun Pheap
https://www.cambodiadaily.com/news/more-boeng-kak-families-accept-land-swap-111119/
Labour rights issues ‘industry-wide’: H&M
Swedish apparel giant H&M yesterday responded to a new report that alleged labour rights abuses in its Cambodian supplier factories by saying such issues plagued the entire industry and were difficult for any one company to fix. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/labour-rights-issues-industry-wide-hm
Bad weather on the way, say officials
The Ministry of Water Resources and Meteorology issued a strong weather warning yesterday for coastal, plains and plateau areas, from yesterday to June 5, especially along coastal areas where the ocean swell is expected to reach one to two-and-a-half meters. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25479/bad-weather-on-the-way--say-officials/
Skepticism on liquidity providers
Almost two weeks after the Cambodia Securities Exchange (CSX) announced that it was accepting applications for the newly approved liquidity providers (LPs) option, it admitted yesterday that no one had yet applied, as insiders said they were still unsure of the program. ...
May Kunmakara
http://www.khmertimeskh.com/news/29363/skepticism-on-liquidity-providers/
Amret moves up the ratings ladder
Amret Microfinance Institution, one of the largest in Cambodia’s crowded market, yesterday announced it had received an A- rating from independent rating agency Microfinanza, which is based in Italy, for improving its operation and for its strong performance over the past year. ...
May Kunmakara
http://www.khmertimeskh.com/news/23063//
Police scuffle with protesters on fourth ‘black Monday’
Familiar scenes of police ripping banners during heated scuffles with protesters marked the fourth “Black Monday,” as activists continued to call for the release of human rights workers who have been in Prey Sar prison for almost one month. ...
George Wright and Ben Sokhean
https://www.cambodiadaily.com/news/police-scuffle-with-protesters-on-fourth-black-monday-113239/
Prison numbers jump 20 percent
Cambodia’s already swollen prison population leapt by more than 20 percent last year, according to the Ministry of Interior’s annual report, which acknowledged the influx has caused “serious challenges” with overcrowding, and revealed one-third of inmates are in pre-trial detention. ...
Mech Dara
http://www.phnompenhpost.com/national/prison-numbers-jump-20-percent
High feed costs driving people away from snakehead farming
One year after lifting a decade-old ban on snakehead fish farming, the number of aquatic farms growing the fish remains surprisingly low, with the high cost of feeding them driving many away from what could otherwise be a very lucrative business. ...
Chea Vannak
http://www.khmertimeskh.com/5088049/high-feed-costs-driving-people-away-snakehead-farming/
Emerald expects licence after sanctuary rezoning
Emerald Resources, the Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province, is one step closer to receiving an industrial mining licence after it signed an environmental contract with the Ministry of Environment (MoE), the firm announced yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/emerald-expects-licence-after-sanctuary-rezoning
Post Media shifts focus to digital
With sweeping changes across Cambodia’s publishing industry, Marcus Holmes, CEO of Post Media, will be steering the publication through a “digital first” agenda that will transform the iconic publication into one that is faster and more effective in reaching its audience. ...
Kali Kotoski
http://www.phnompenhpost.com/business/business-insider-post-media-shifts-focus-digital
House collapses into river, others removed
One home collapsed into the Tonle Bassac river on Saturday in Kandal’s Sa’ang district, while two others are at risk of collapse and eight others had to be dismantled and moved across the road, away from the riverbank, officials said yesterday. ...
Touch Sokha
http://www.phnompenhpost.com/national/house-collapses-river-others-removed
Economists assail opposition proposal to ditch US dollars
Economists on Tuesday lambasted the CNRP’s proposal to eliminate the use of U.S. dollars for transactions in the country within one year of a victory in next year’s national elections, saying the policy would be “a disaster” and “impossible.” ...
Brendan O’byrne
https://www.cambodiadaily.com/news/economists-assail-opposition-proposal-to-ditch-us-dollars-131307/
Soft tax approach sends mixed signals
The Tax Department has announced a one-month extension to its traditional March 31 deadline for companies to submit their annual corporate tax filings – an unprecedented last-minute move that some legal experts argue could be sending the wrong message to taxpayers. ...
Kali Kotoski
http://www.phnompenhpost.com/business/soft-tax-approach-sends-mixed-signals
A road paved with promise
Land prices along one of Cambodia’s main highways have seen a slight increase in the first half of 2017, thanks to road improvements and residential developments, insiders say. ...
Sum Manet
http://www.khmertimeskh.com/5073593/road-paved-promise/
No change to Cambodia’s human trafficking rank
Cambodia failed to improve its ranking on the U.S.’ annual “Trafficking in Persons Report” after being demoted last year. Released on Friday, the global report again ranks Cambodia on the Tier 2 Watch List, one tier away from the lowest position, Tier 3. ...
Phorn Bopha
http://www.cambodiadaily.com/news/no-change-to-cambodias-human-trafficking-rank-62097/
Rolls-Royce to sell luxury automobiles in Cambodia
Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world’s poorest countries: Cambodia. Rolls-Royce Motor Cars announced Monday that it has joined with a Cambodian business partner to open a showroom in the Cambodian capital next month. ...
Fox News Staff
http://www.foxnews.com/leisure/2014/06/09/rolls-royce-to-sell-luxury-automobiles-in-cambodia/
Interior Ministry cabinet member jailed for fraud
A member of Interior Minister Sar Kheng’s cabinet was on Tuesday sentenced to one year in jail for fraud after he was found guilty of accepting $38,000 in 2011 from a Taiwanese-Canadian national in exchange for citizenship documents that were never delivered. ...
Eang Mengleng
http://www.cambodiadaily.com/news/interior-ministry-cabinet-member-jailed-for-fraud-62952/
Cambodia unlikely to achieve 1-million-ton rice export by 2015: commerce minister
Cambodian Minister of Commerce Sun Chanthol said Friday that the country is unlikely to achieve its self-imposed target of exporting one million tons of milled rice by 2015 due to lack of milling capacity and funding. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2015-02/06/c_133976076.htm
Two Russians arrested after fight over Kazantip profits
Police arrested two Russian men at a rented villa in Sihanoukville on Saturday after a Moldovan man was injured in a fight that began when one side allegedly demanded a portion of the profits from the upcoming Kazantip music festival, officials said on Sunday. ...
Ouch Sony and Chris Mueller
https://www.cambodiadaily.com/news/two-russians-arrested-after-fight-over-kazantip-profits-78001/