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Training needed for tourist industry

Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives ...

http://www.phnompenhpost.com/index.php/2012092658915/Business/training-needed-for-tourist-industry.html

UK: Cambodia worker health part of M&S Plan A progress

UK retailer Marks & Spencer (M&S) is trialling a new campaign aimed at helping 14,000 garment workers in Cambodia deal with common health issues, as part of its Plan A ethical programme. The company, which aims to become the world’s most sustainable major retailer by 2015, ...

Katie Smith
http://www.just-style.com/news/cambodia-worker-health-part-of-ms-plan-a-progress_id119714.aspx

PM nixes ban on dual-national party leaders

In his latest abrupt policy backtracking, Prime Minister Hun Sen used a speech on Thursday to rescind a recently announced plan to ban dual nationals from leading political parties—an effort that had ostensibly been aimed at the self-exiled opposition leader Sam Rainsy. ...

Khuon Narim
https://www.cambodiadaily.com/news/104769-104769/

Rights record under fire

A pair of reports to be presented at the UN Human Rights Council in Geneva today and tomorrow paint a bleak image of a country whose rights record has worsened considerably over the past year. An annual report from the Office for the High Commissioner of Human Rights (OHCHR) in ...

http://www.phnompenhpost.com/index.php/2012092558901/National-news/cambodias-rights-record-under-fire.html

Three refugees met with delegation, minister says

Three of the refugees Australia is holding at a detention center on the South Pacific island nation of Nauru agreed to meet with Cambodian officials who traveled there last week to assess the possibility of resettling some of the asylum seekers in Cambodia, Interior Minister ...

Khy Sovuthy
https://www.cambodiadaily.com/news/three-refugees-met-with-delegation-minister-says-76512/

Approved investment drops

Latest figures show the total value of approved investment in the Kingdom declined by more than 70 per cent in the first half of this year compared to the equivalent period a year before. Economists and officials are unconcerned, however, saying that some big projects during ...

http://www.phnompenhpost.com/index.php/2012081457967/Business/big-dip-in-approved-investments.html

Mobile phone subscribers increase

The number of mobile subscribers (SIM cards sold) increased 25.28 per cent during the first half of the year as a result of an expansion in the telecommunications market, according to officials. Mobile phone service subscribers increased by 3,963,734 or 25.28 per cent to 19,642,563 compared ...

http://www.phnompenhpost.com/index.php/2012082058156/Business/cambodias-mobile-phone-subscribers-increase.html

Regulator gears up for mobile pricing showdown

Cambodia’s telecommunications regulator yesterday stepped up efforts to avert a brewing price war between the country’s six mobile network operators, ordering the companies to submit profitability statements within the next 10 days and summoning all operators to a meeting at the end of the month ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulator-gears-mobile-pricing-showdown

Finance sector in good shape: NBC

The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. at the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...

Sok Chan
https://www.khmertimeskh.com/50742892/finance-sector-in-good-shape-nbc/

LANGO discussions end in stalemate

The government and members of the civil society organisation met for the sixth and final time yesterday to discuss amendments to the Law on Association and Non-governmental Organisations, which still remains unresolved. The government working group led by Interior Ministry secretary of state Bun Honn ...

Ben Sokhean
https://www.khmertimeskh.com/50741970/lango-discussions-end-in-stalemate/

PM Hun Sen says ‘budget balanced’

PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/

Logging’s roots deep

Hun Sen’s Cambodia has been shaped by the collection of illegal timber dollars, profiting a politically connected elite and in turn ensuring the ruling party’s grip on the state apparatus, a leading Australian researcher has said. Sarah Milne, a research fellow at the Australian National University, ...

Daniel Pye
http://www.phnompenhpost.com/national/loggings-roots-deep

PPCBank bond trades on secondary market

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...

May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market

Malaysia seat belt law enforcement amongst lowest in SEA – ranks below Cambodia, Vietnam, WHO finds

A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather disturbing information – Malaysia is amongst the lowest-ranked nations in South East Asia (SEA) when it comes to seat belt law enforcement and awareness on ...

Gregory Sze
http://paultan.org/2015/10/22/malaysia-seat-belt-law-enforcement-lowest-sea-who-finds/

Cambodia’s land concessions yield few benefits, sow social and environmental devastation

Cambodia’s government has strenuously promoted long-term leasing of unused land as Economic Land Concessions (ELCs) to attract investors and encourage development in the impoverished nation, but observers say the policy has resulted in few benefits at the cost of huge social and environmental impacts. ...

RFA staff
https://www.rfa.org/english/news/cambodia/concessions-08262020174829.html

Opportunities, challenges for ASEAN

Cambodia will face both challenges and opportunities when the ASEAN Economic Community (AEC) combines its 10 countries into a single market for economic development, a move intended for 2015, officials said during a round-table discussion yesterday. Sok Siphanna, an adviser to the Ministry of Foreign Affairs and ...

http://www.phnompenhpost.com/index.php/2012082358243/National-news/cambodians-will-compete-with-asean-countries.html

Ministry: New measures to help SMEs

To solve the current issues faced by small and medium enterprises (SMEs) in the Kingdom, the Ministry of Economy and Finance (MEF) has issued two main measures. Secretary of State at the MEF and Secretary-General of the Committee on Economic and Financial Policy Phan Phalla ...

Sok Chan
https://www.khmertimeskh.com/50744867/ministry-new-measures-to-help-smes/

Government dips into its reserves

The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...

Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/

Coal: A burning question

Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal Business Roundtable ...

Sorn Sarath
https://www.khmertimeskh.com/50743466/coal-a-burning-question/

Feasibility study on Waste-to-Energy plant in Siem Reap province proposed

A feasibility study on waste-to-energy plant has been proposed to be conducted in Siem Reap province, aiming to convert waste to energy and keep the city clean. Proposed by China’s MIZUDA firm, the 12-megawatt waste-to-energy plant needs at least 210,000 tonnes of waste a year ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50747710/feasibility-study-on-waste-to-energy-plant-in-siem-reap-province-proposed/

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