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Bank of China launches dual currency ATM card

The Bank of China launched the first dual currency international bank card yesterday, part of a move to expand in the local market by offering both US dollar and Renminbi accounts on a single card. People can get the card for a deposit of US$10 at ...

http://www.phnompenhpost.com/index.php/2012111959801/Business/bank-of-china-launches-dual-currency-atm-card.html

Villagers in limbo as dam starts

Construction at the controversial Lower Sesan II dam site in Stung Treng province has already begun, according to villagers, who will today petition several ministries, the Chinese embassy and the headquarters of the Royal Group to open negotiations with them. According to the villagers, who travelled ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/villagers-limbo-dam-starts

Families of Svay Rieng crash victims reject compensation

The Svay Rieng Provincial Court director said Tuesday that the bus company involved in a deadly crash that killed 19 people and injured 21 in Svay Rieng province in May has had its latest compensation offer rejected by the victims’ families. ...

Aun Pheap
https://www.cambodiadaily.com/news/families-of-svay-rieng-crash-victims-reject-compensation-91456/

A year after law, acid easily available on streets

“What law? No one has ever come to speak to me about that,” said 33-year-old Lim Vannak, scanning the large plastic buckets of corrosive acids she had lined up on the pavement of Phnom Penh’s Street 144 on a recent morning. Acid in the wrong hands ...

Sek Odom and Alice Cuddy
http://www.cambodiadaily.com/news/a-year-after-law-acid-easily-available-on-streets-51663/

Kandal village emblem of Kingdom's domestic abuse problem

As the government issued a familiar package of platitudes and promises on International Women’s Day, a walk through a single rural village in Kandal offered a shocking glimpse into how widespread – and widely accepted – domestic abuse remains in the Kingdom. ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/kandal-village-emblem-kingdoms-domestic-abuse-problem

Imported Delays Cap Pharma Growth

Although the Ministry of Heath estimates that 40 to 50 percent of Cambodians use traditional medicine, the Kingdoms Pharmaceutical industry is growing rapidly. In 2012, according to the latest forecast from Business Monitor International (BMI) people in Cambodia spent $263 million on pharmaceuticals, compared with $217 ...

http://www.phnompenhpost.com/2013012861016/Business/import-delays-cap-pharma-growth.html

Cambodia defies global crisis

Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...

http://www.phnompenhpost.com

Largesse and threats ahead of election

Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...

http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html

Cambodia’s petroleum imports decrease

The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...

http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html

MIME launches business award

The government wants to play a bigger role in helping local businesses remain competitive and, to this end, the Ministry of Industry, Mines and Energy (MIME) has launched a new award to recognise companies that have achieved high produc-tivity standards. Ten companies will be awarded in ...

http://phnompenhpost.com/2013051765677/Business/mime-launches-business-award.html

National Carrier to Start Siem Reap-S’ville Flights

Cambodia Angkor Air will launch a regular flight service between Siem Reap and Sihanoukville by the end of the year, an official at the Council of Ministers said yesterday. There are currently no flights to Sihanoukville, the country’s premier coastal resort, even though the airport ...

Innovation essential for Cambodia’s place in AEC

An official at the Ministry of Industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, ...

http://www.phnompenhpost.com/index.php/2012112259885/Business/innovation-essential-for-cambodias-place-in-aec.html

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

Toilets, trucks on agenda

The government announced new plans for developing both transportation and rural sanitation at the annual meeting of the Ministry of Rural Development at the Chaktomuk Conference Hall in Phnom Penh yesterday. According to officials at the event, the ministry will be completing by year’s end a ...

http://www.phnompenhpost.com/2013030661784/National/toilets-trucks-on-agenda.html

Sub-Decree Regulating Public Service Is Passed

The Council of Ministers on Friday approved a sub-decree designed to regulate the performance of the government’s administration by chastising institutions that fail to properly carry out their work in delivering public services. Though the legislation does not carry any punishment for officials that fail in ...

http://www.cambodiadaily.com

Rubber to give economy a bounce

Cambodian officials say they will focus on nine different sectors in a bid to diversify and ensure continued national economic growth. Among the nine priorities, rubber will play a crucial role in Cambodia’s trade integration strategy. After opening a workshop on Cambodia’s trade strategy for the coming ...

http://www.phnompenhpost.com/2013032664693/Business/cambodia-looks-to-rubber-to-give-economy-a-bounce.html

India seeks to enhance trade links

An Indian business delegation visiting Cambodia hopes to boost bilateral cooperation in trade, tourism and transport, officials said yesterday. Meeting with key Cambodian officials, Director General of the Indian Chamber of Commerce said the Kingdom presented many opportunities for  India. ...

http://www.phnompenhpost.com/2013061466268/Business/india-seeks-to-enhance-trade-links.html

Museum for money planned

In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...

http://www.phnompenhpost.com/business/museum-money-planned

March proceeds peacefully

Taking a markedly different approach from Monday’s violent breakup of a peaceful demonstration at Freedom Park, authorities yesterday stood back as about 100 activists marched around central Phnom Penh, delivering a petition to embassies and the United Nations. District security guards and riot police initially seemed ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/march-proceeds-peacefully

Chemicals in war-era barrels tested and confirmed as tear gas

The head of the Cambodian Mine Action Authority (CMAC) said Thursday that field testing of a pair of war-era barrels found by villagers in Mondolkiri province earlier this week identified the contents as CS, a tear gas-like powder or aerosol that was used by the ...

Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/chemicals-in-war-era-barrels-tested-and-confirmed-as-tear-gas-63226/

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