Cambodia's leading bank inks deal with UnionPay International for payment services
Acleda Bank, a leading commercial bank in Cambodia, on Monday signed a Memorandum of Understanding with UnionPay International on payment services for mutual benefits, according to the bank’s statement. Xu Luode, president of China UnionPay and vice-chairman of UnionPay International, said currently, UnionPay cards reached ...
http://www.asean-china-center.org/english/2013-04/23/c_132333810.htm
Cambodian, Thai companies ink deal to build 50 mln USD rice mill
Cambodia’s Soma Group and Thailand’s C.P. Intertrade on Thursday signed a joint-venture agreement to build a sophisticated rice milling and refining factory in the western Kampong Speu province of Cambodia. The deal was inked between Sok Puthyvuth, chief executive officer of Soma Group, and Prasit Damrongchietanon, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=225245
Cambodian court frees 8 opposition politicians on bail after political deal reached
A Cambodian court on Tuesday afternoon released seven opposition party lawmakers-elect and one party activist on bail after the ruling and opposition parties reached a political agreement. “The eight politicians were released from Phnom Penh’s Prey Sar prison at 4:45 p.m. after questioning judge Keo Mony ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/22/c_133502874.htm
Over 100 protest in support of families cut out of rail deal
More than 100 people protested Thursday outside Poipet City Hall in support of 50 families in Phsar Kandal commune who were passed over when the government offered compensation to residents who ceded land for a railway project that displaced some 4,000 families across the country. ...
Aun Pheap
https://www.cambodiadaily.com/news/over-100-protest-in-support-of-families-cut-out-of-rail-deal-85462/
Gov’t, European union agree to first phase of deal for evictees
The European Union says the Cambodian government has agreed to the first part of a comprehensive plan they have been wrangling over for more than a year to properly compensate thousands of families that have lost land to sugarcane plantations. ...
Zsombor Peter
https://www.cambodiadaily.com/news/govt-european-union-agree-to-first-phase-of-deal-for-evictees-85901/
No extensions for registration deadlines, list review for vote
A senior National Election Committee (NEC) official said there would be no extensions to voter registration or the voter list review. Anyone who failed to register before the upcoming December 8 deadline would be unable to participate in next year’s national election. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/no-extensions-registration-deadlines-list-review-vote
Vietnam rubber firm reaches accord with Ratanakkiri ethnic villages
In an agreement mediated by the International Finance Corporation’s watchdog mechanism, a controversial Vietnamese rubber firm has reached a deal with 11 ethnic minority villages affected by its Ratanakkiri operations to return nearly 20 community “spirit mountains”, restore streams filled or polluted by its activities ...
Phak Seangly and Martin de Bourmont
http://www.phnompenhpost.com/national/vietnam-rubber-firm-reaches-accord-ratanakkiri-ethnic-villages
US signs over $65m in aid, but no sign of donor meeting
The government and the US Embassy yesterday signed off on half the nearly $65 million the US is giving Cambodia in aid this year, more than two months after Cambodia cancelled a major meeting with its foreign donors that was scheduled for november. Held roughly every ...
Hun Sen: No one negotiates better than me in 'history of world leaders'
In a boast reminiscent of US President Donald Trump, Prime Minister Hun Sen went on a tangent on Wednesday before thousands of garment workers in Por Sen Chey district extolling his negotiating prowess, calling himself one of the top negotiators in the “history of world ...
Ben Sokhean and Quinn Libson
https://www.phnompenhpost.com/national/hun-sen-no-one-negotiates-better-me-history-world-leaders
Hun Sen says no need for labour courts, proposes solution to mass faintings
Prime Minister Hun Sen today said there is in fact no need to set up labour courts to solve workplace disputes – despite the Labour Law stipulating their creation – and expressed hope that existing mechanisms, including the government, unions and employers could act in ...
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national/hun-sen-says-no-need-labour-courts-proposes-solution-mass-faintings
No Cause for Concern - Experts not worried about decrease in fixed-asset investment
At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...
Cambodia's final poll results to be released on Aug. 14 if no complaints
The National Election Committee ( NEC) will release the official results of the general election on Aug. 14 if there are no complaints by political parties, according to NEC’s schedule Monday. “The official results with seat allocation and elected candidates will be released on Aug. ...
Xinhuanet
http://news.xinhuanet.com/english/world/2013-08/05/c_132604357.htm
Cambodia’s Ruling Party Reject Opposition Pair to Sit on Parliament Panels
Candidates to lead key parliamentary commissions in an indication that voting in the legislature may not be tied to a deal to end a year-long political deadlock. Wednesday’s session of the National Assembly, or parliament, saw 31 lawmakers from the opposition Cambodia National Rescue Party (CNRP) ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/rejection-08272014153441.html
Villagers told to show land titles, or else
The Ministry of Agriculture Forestry and Fisheries has requested citizens claiming land in the O’Thma forestry restoration station area in Preah Sihanouk province to submit their ownership documents to the district Forestry Administration before July 15. ...
Long Kimmarita
https://www.phnompenhpost.com/national/villagers-told-show-land-titles-or-else
Activists Blame Short Contracts for Strikes
Labor activists at the bi-annual Buyers Forum in Phnom Penh on Thursday said that short-term contracts in Cambodia’s garment industry were fueling the high number of strikes affecting the industry. “Most of [the disputes] are over dismissals or dismissals of union leaders and the reason why ...
Dene-Hern Chen
http://www.cambodiadaily.com/business/activists-blame-short-contracts-for-strikes-41832/
As Oz proposal nears, opposition mounting
Opposition to Australia’s proposal to send refugees to Cambodia is growing, with the Australian Greens’ immigration spokeswoman yesterday saying the party would try to block it in the Senate. Sarah Hanson-Young told The Sydney Morning Herald that Cambodia would be “a fundamentally unacceptable place for Australia to dump ...
Cheang Sokha
http://www.phnompenhpost.com/national/oz-proposal-nears-opposition-mounting
Right-hand drive vehicles no longer allowed after June 2022
A senior official at the Council of Ministers warned owners of right-hand drive vehicles that they must change their vehicles over to left-hand drive by June, 2022, or risk having them seized and destroyed. He also noted that beginning in 2021 all privately owned vehicles ...
Lay Samean
https://www.phnompenhpost.com/national/right-hand-drive-vehicles-no-longer-allowed-after-june-2022
Stung Treng villagers caught in forestry racket
SIEM PANG DISTRICT, Stung Treng province – For the elite few granted the right to level swathes of woodland in the north of this remote province, the timber trade is worth a fortune. For the Forestry Administration—the government body charged with policing logging—business is also booming. While ...
Phann Ana and Matt Blomberg
http://www.cambodiadaily.com/news/stung-treng-villagers-caught-in-forestry-racket-60017/
Land Dispute Protesters' Request Has Little Effect
Prime Minister Hun Sen’s Cabinet yesterday said it would take no action on a request from about 100 villagers living inside a social land concession in Preah Vihear province seeking a resolution to an ongoing dispute over 5,000 hectares of land. Since 2007, villagers have protested ...
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm