Moody’s to review Cambodia's banks for downgrades
Moody’s Investor Services will review ACLEDA Bank and Cambodian Public Bank (Campu Bank) for potential downgrades, according to a release from the rating agency on Wednesday. But the move comes primarily as a response to the global financial crisis and the rating agency’s attempt to realign sovereign ratings with ...
http://www.phnompenhpost.com/index.php/2012042055668/Business/moodys-eyes-kingdom-banks.html
Guidance for members and buyers on partial withdrawal of EBA for exports to the European Union
On 12 August 2020, the Garment Manufacturers Association in Cambodia (GMAC) issued guidance for its members and buyers following the partial withdrawal of EBA for exports to the European Union that will take effect from 12 August 2020. GMAC has prepared this guidance for the ...
Garment Manufacturers Association in Cambodia (GMAC)
Policy improves garment workers’ safety but leaves bus drivers deep in debt
An ongoing NGO and Labor Ministry initiative aims to make garment workers’ commute safer by shifting their daily transportation from typically flatbed trucks to enclosed buses, but the costs of the expensive upgrades are being placed on drivers. ...
Sovann Sreypich
https://cambojanews.com/policy-improves-garment-workers-safety-but-leaves-bus-drivers-deep-in-debt/
Press release on resolution on listing eligibility review application of two companies
On 9 March 2023, the Cambodia Securities Exchange (CSX) issued a press release to notify the public that CSX granted its approval in principle on equity securities listing eligibility review on Main Board to MENGLY J.QUACH EDUCATION PLC. and bond listing eligibility review (Geen Bond) ...
Cambodia Securities Exchange (CSX)
Union leader Morm Rithy convicted for criticizing Chinese-owned Jin Bei Casino two years ago
Union leader Morm Rithy was arrested after being convicted on charges of incitement to commit a crime following a lawsuit by Chinese-owned Jin bei Group and has been sent to Prey Sar prison where he will serve an 18-month sentence. ...
Khuon Narim and Ly Rosslan
https://cambojanews.com/union-leader-morm-rithy-convicted-for-criticizing-chinese-owned-jin-bei-casino-two-years-ago/
Press release: Cambodia, Indonesia to hold Joint Commission for Bilateral Cooperation meeting
On 19 August 2024, the Ministry of Foreign Affairs and International Cooperation issued a press release regarding Cambodia, Indonesia to hold Joint Commission for Bilateral Cooperation meeting on their official social media site. According to the press, Cambodia will host the Fifth Meeting of the ...
Ministry of Foreign Affairs and international Cooperation
Open Development Cambodia (ODC) published a new dataset on “Labor incidents”
Open Development Cambodia (ODC) published a new dataset on “Labor incidents”. This dataset is a resource for understanding labor-related issues in Cambodia. It documents various types of labor incidents, including worker protests, strikes, complaints, factory closures, and other significant employment-related changes. The dataset is intended ...
Open Development Cambodia (ODC) updated an existing dataset on “List of Corporate Social Responsibility (CSR) Companies in Cambodia”
Open Development Cambodia (ODC) updated an existing dataset on “List of Corporate Social Responsibility (CSR) Companies in Cambodia” by adding 22 new CSR data. This dataset provide a comprehensive and insightful overview of corporate initiatives that have a significant impact on the social and environmental ...
From confrontation to concession: Cambodia’s withdrawal signals complex relationship with the CLV-DTA
Cambodia withdrew from the two-decade-old Cambodia-Laos-Vietnam Development Triangle (CLV-DTA), a regional cooperation initiative that had faced protests and online criticism just months earlier. The decision comes after the government arrested nearly 100 would-be protestors, including minors. ...
Seoung Nimol
https://cambojanews.com/from-confrontation-to-concession-cambodias-withdrawal-signals-complex-relationship-with-the-clv-dta/
First training workshop on Strategic Environment Assessment (SEA)
Open Development Cambodia (ODC) and the Non-Timber Forest Products Exchange Programme (NTFP-EP Cambodia) jointly hosted the first training workshop on Strategic Environment Assessment (SEA) under the Shared Resources Joint Solutions (SRJS) program supported by the Netherlands Committee for IUCN. The two-day training was held on ...
Energy for transport
In Cambodia, petroleum is traditionally the main source of energy for transportation. The petroleum fuels used for transportation include gasoline, diesel, heavy fuel and fuel oil. ...
Open Development Cambodia (ODC) Published a new dataset on “Building footprints in Phnom Penh”
Open Development Cambodia (ODC) Published a new dataset on “Building footprints in Phnom Penh”. This dataset contains information about building footprint in Phnom Penh. Building footprints can be used for a variety of essential purposes, including population estimation, urban planning, and humanitarian response, as well ...
Building Boom Causes Asian Sand Smugglers to Expand
Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand. In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...
Fedora Khmer Translation Sprint 3
Open Development Cambodia (ODC) and Fedora is going to host Fedora Khmer Translation Sprint 3 on Sunday, 05 May 2019. Fedora is a free Linux based operating system from the same branch as Red Hat Linux that is run on enterprise servers. Fedora Desktop is aimed ...
Open Development Cambodia
MRC ministerial council approves a drought management strategy, other policies, boosting Mekong countries’ ability to prepare for future disaster
On 26 November 2019, Ministerial delegates from the Mekong River Commission (MRC) Council today at their annual gathering in Phnom Penh approved a drought management strategy for 2020-2025, allowing Cambodia, Lao PDR, Thailand and Viet Nam to prepare for and manage drought collectively. The approved ...
Mekong River Commission
New Kampot Salt Farm Has Big Ambitions
TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...
http://www.cambodiadaily.com/business/new-kampot-salt-farm-has-big-ambitions-20505/
As Foreign Aid Increases, Questions About Conditions
Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...
http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html
Kingdom’s bourse missing some magic
At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062166422/Business/kingdom-s-bourse-missing-some-magic.html
Cambodia: A rising star with a falling reputation?
Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...
http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx
Unlike Past Elections, Property Investors Remain Buoyant
Ahead of elections 10 years ago, people across the country would hoard rice in case the vote sent the country spiraling into a state of turmoil. Businesses across the country would bide their time before making any major investments. And those who could afford to ...