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Inspection centre delayed

The opening of a quality-inspection centre for agricultural products in Kandal province, originally scheduled for the end of 2017, has been delayed, with authorities now saying it will open during the first months of 2018. ...

Chea Vannak
http://www.khmertimeskh.com/50100401/inspection-centre-delayed/

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

Major garment industry hauler says crackdown ensnaring legal trucks

The government’s strict enforcement efforts against oversized trucks are starting to ensnare legal trucks at checkpoints, further hampering the time-sensitive garment industry, according to the head of the country’s largest trucking federation. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/major-garment-industry-hauler-says-crackdown-ensnaring-legal-trucks

Can Cambodia stay competitive with so many public holidays?

Cambodia likely became the country with the largest number of public holidays in the world on Tuesday, raising questions about the ability of Cambodia to stay economically competitive with so many mandatory leave days. ...

Brendan O’Byrne and Hor Kimsay
http://www.phnompenhpost.com/business/can-cambodia-stay-competitive-so-many-public-holidays

EU council condemns crackdown but stops short of concrete action

The Foreign Affairs Council of the European Union yesterday adopted a set of conclusions condemning “recent worrying political developments and the continuing deterioration of democracy” in Cambodia, though some politicians expressed regret about a missed opportunity to take concrete measures. The conclusions, passed by the European ...

Leonie Kijewski
http://www.phnompenhpost.com/national/eu-council-condemns-crackdown-stops-short-concrete-action

Canada praises progress in factory labour conditions

Donica Pattie, Canada’s Ambassador to Thailand, Cambodia and Laos, on Friday lauded Cambodia’s recent advancements in factory labour conditions, which she said might prompt Canada to increase purchases from Cambodian textile manufacturers, according to a high-ranking Cambodian official. ...

May Kunmakara
http://www.khmertimeskh.com/50114733/canada-praises-progress-in-factory-labour-conditions/

UNDP focuses on sustainability

The UN Development Programme (UNDP) on Wednesday launched its Human Development Report Cambodia 2019 that attaches great significance to relations between human development and environmental sustainability. ...

Long Kimmarita
https://www.phnompenhpost.com/national/undp-focuses-sustainability

Life in the Koh Kong jungle through the eyes of forest rangers

A photography exhibit chronicling the lives of forest rangers working toward the environmental protection of the jungles in Koh Kong province will be displayed on Saturday at the capital’s 5 Drunk Men sky bar. The photos are to be sold to, with the profits going to ...

Raksmey Hong
https://www.phnompenhpost.com/lifestyle-arts-culture/life-koh-kong-jungle-through-eyes-forest-rangers

Cambodia, Dubai Sign Deal to Start Direct Flights

Cambodia and the United Arab Emirates signed a memorandum of understanding to establish direct flights between the two countries, said Tith Chantha, director general of Tourism Ministry. Tourism Minister Thong Khon inked the deal to establish flights from Dubai to an unspecified destination in Cambodia during ...

As Insurance Claims Grow, So Do Premiums

The total amount of claims paid out by local insurance firms during the first nine months of the year have tripled to more than $11 million compared to the same period in 2011 According to data from General Insurance Association of Cambodia (GIAC), paid claims grew ...

Malaysia - Cambodia Trade And Investment Performance 2011

Cambodia and Malaysia trade and investment are increasing subsequently as the two members of ASEAN are trying to boost the integration for ASEAN community in 2015. The report from the embassy of Malaysia here said: as for trade performance in 2012, for the first quarter of 2012, Malaysia recorded an increase of 5.32 percent. Total trade ...

http://thesoutheastasiaweekly.com/

Cambodia, Indonesia to Sign 100,000 Ton Rice Trade Deal in August

Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...

http://oryza.com/Rice-News/15719.html

Cambodia enters global marketplace, stock trading begins

After a string of false starts, Cambodia’s stock market finally started trading on Wednesday, marking a significant step forward for an impoverished country blighted by corruption and scarred by decades of civil war. But on Wednesday, traders were reaping fast gains as the price of ...

http://www.reuters.com/article/2012/04/18/cambodia-bourse-idUSL3E8FH30X20120418

Thai ban weighs on Cambodia's corn crop

A Thai ban on Cambodian corn and other agricultural products led to a 65 per cent year-on-year drop in the Kingdom’s corn exports during the first two months of the year, officials claimed yesterday. January and February exports fell to 2,333 tonnes from 6,694 a year ...

http://www.phnompenhpost.com/index.php/2012041755602/Business/thai-ban-weighs-on-kingdoms-corn-crop.html

Growing Number of Strikes Worries Clothing Brands

Major clothing brands sourcing from Cambodia’s garment factories have expressed concern about the growing number of strikes in the country and called for the renewal of a memorandum of understanding (MOU) aimed at preventing strikes, a representative from the International Labor Organization (ILO) said yesterday. ...

Rubber price drops as exports increase

Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ...

http://www.phnompenhpost.com/index.php/2012072657633/Business/rubber-price-drops-as-exports-increase.html

Vehicle Imports up 45 pct in first half

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

http://www.phnompenhpost.com/index.php/2012081057918/Business/vehicle-imports-up-45-pct-in-first-half.html

Cambodia dispacthes 11,940 laborers abroad in first 6 months

Cambodia has sent about 11,940 laborers overseas in the first six months of this year, down 29 percent from 16,900 it sent over the same period last year, the figures of the Ministry of Labor showed Tuesday. In January to June period this year, the country ...

http://news.xinhuanet.com/english/world/2013-08/13/c_132627422.htm

First hedging deal transacted

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted

China provides 33 mln USD in free-interest loan to Cambodia for development projects

The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/14/c_132888622.htm

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