Association a shoe-in
Cambodia has approved the creation of a footwear association under the umbrella of the Garment Manufacturers’ Association in Cambodia. 37 of the country’s 38 footwear factories agreed to the creation of a representative body for their industry. The footwear industry is said to have exported ...
http://www.phnompenhpost.com/index.php/2011070750242/Business/association-a-shoe-in.html
Credit Bureau Begins Operations in Cambodia
The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...
GMAC is confident the EU won’t suspend EBA scheme
The Garment Manufacturers Association in Cambodia (GMAC) has expressed confidence that the probability of the European Union (EU) suspending the Kingdom’s access to its Everything But Arms (EBA) scheme is “very low”. GMAC deputy secretary-general Kiang Monika said his belief is based on the fact ...
Niem Chheng
https://www.phnompenhpost.com/national/gmac-confident-eu-wont-suspend-eba-scheme
Local officials urged to work with everyone regardless of politics, religion
Minister of Interior Sar Kheng on Wednesday instructed police officials and local authorities to serve the people without considering political affiliations or religion. In the handover ceremony of 1,646 motorbikes to police stations nationwide, Kheng told police officials that they must serve the people regardless ...
Rosewood exports undercut UN protections
Cambodia exported hundreds of millions of dollars worth of threatened Siamese rosewood in the 18 months after ratifying a 2013 international protocol designed to protect the species from destructive trade, according to a report released on Friday. ...
Ben Paviour
https://www.cambodiadaily.com/news/rosewood-exports-undercut-un-protections-114612/
Panel advises Cambodia on sustainable resource development
Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...
Ven Rathavong
http://www.khmertimeskh.com/news/22619/panel-advises-cambodia-on-sustainable-resource-development/
Minister wants access to Thai port
The commerce minister has once again called on Thailand to consider giving access to Cambodian agricultural products to transit to the Thai port of Laem Chabang before being exported to a third country. The minister also called for a memorandum of understanding (MoU) to be signed ...
Sok Chan
http://www.khmertimeskh.com/news/27000/minister-wants-access-to-thai-port/
EU asked to increase imports
The National Assembly’s (NA) Second Commission on Economics, Finance, Banking and Auditing yesterday asked the European Union (EU) to increase rice and clothing import quotas from Cambodia, after a discussion on EU subsidies to the Kingdom. ...
Taing Vida
http://www.khmertimeskh.com/news/27825/eu-asked-to-increase-imports/
Unions make new demands as factories focus on productivity
Following the announcement earlier this month that the monthly minimum wage in the garment sector will be raised from $128 to $140 next year, eight unions representing factory workers issued a list of 13 demands on Tuesday, threatening protests if their requests go ignored. ...
Peter Ford and Mech Dara
https://www.cambodiadaily.com/news/unions-make-new-demands-as-factories-focus-on-productivity-97876/
New Cambodia-Japan business group
The Cambodia-Japan Association for Business and Investment (CJBI) was officially launched yesterday in order to bring the business groups between the two countries together. ...
Sum Manet
http://www.khmertimeskh.com/news/23333/new-cambodia-japan-business-group/
Rosewood export permits were faked, government says
The government claims not to have issued a single permit to export Siamese rosewood since it agreed to strict new trade rules for the exceedingly rare trees, and says it will look into a U.N.-managed database that states otherwise. ...
Zsombor Peter
https://www.cambodiadaily.com/news/rosewood-export-permits-were-faked-govt-says-114772/
Hope grows in insurance
Even though Cambodia’s insurance industry is still young compared to neighboring countries such as Thailand and Vietnam, there is potential for its growth with the development of human resources in the sector. ...
Sok chan
http://www.khmertimeskh.com/news/27361/hope-grows-in-insurance/
Rights defenders work in fear
Civil society this year marked International Human Rights Day much differently than last year, out of concern that any public gatherings would be likened to joining a colour revolution to overthrow the government. ...
May Titthara
http://www.khmertimeskh.com/5095403/rights-defenders-work-fear/
Poll watchdog body launched
As commune elections approach, civil society groups and Cambodian NGOs have announced plans for a situation room and more than 20,000 observers at polling stations across the country. ...
Taing Vida
http://www.khmertimeskh.com/news/35867/poll-watchdog-body-launched/
Nordic nations eye investment in Cambodia
Companies from Europe’s frigid north are taking steps toward moving into the fish and environmental industries in Cambodia’s warmer climes. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/nordic-nations-eye-investment-in-cambodia-126253/
Cambodia has sole objective for US
Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-has-sole-objective-us
Banker to lead Khmer-Chinese coterie
Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banker-lead-khmer-chinese-coterie
UN envoy meets with NEC
The National Election Committee (NEC) yesterday told United Nations Special Rapporteur Rhona Smith that election monitoring coalition the “Situation Room” will have to register with the Interior Ministry if it wants to deploy observers for next year’s elections – despite there being no such requirement ...
Soth Koemsoeun and Ananth Baliga
http://www.phnompenhpost.com/national/un-envoy-meets-nec
Trial may shed light on Wutty's death
The man accused of shooting the man who shot environmental activist Chut Wutty last April had been summoned to the Koh Kong Provincial Court to stand trial next month on charges of unintentional homicide, a court official said yesterday. According to deputy prosecutor Srey Mak Ny, ...
Acleda Eyes Expansion Into Burma
Cambodia’s largest bank, Acleda, is looking to get in early on Burma’s economic reawakening with plans to open three microfinance branches in the country as soon as January, the bank’s CEO said yesterday. In Channy said he discussed the plan on Monday with a visiting Burmese ...