Accounting for the Bourse
Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial ...
http://www.phnompenhpost.com/index.php/2011081751090/Business/accounting-for-the-bourse.html
1 in 20 Firms Carry Out Environment Assessments
Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out envirOnmental impact assessments, an official at the ministry of EnvirOnment said yesterday. Speaking at a workshop in Phnom Penh ...
Simon Lewis and Khuon Narim, P.1
http://www.cambodiadaily.com
Hun Sen Asks Companies to Invest in Private Fire Trucks, Again
Prime Minister Hun Sen yesterday appealed to the private sector for the second time to invest in fire trucks instead of depending on the government’s fire departments. “Please try to do two jobs. The first is to get the fire sprinkler systems into the factory ...
Vietnam, Cambodia strengthen cross border trade
The Ministry of Industry and Trade (MIT), in conjunction with the Cambodian Ministry of Commerce, held the 5th Conference on Vietnam-Cambodia Border Trade Development Cooperation in southern Binh Phuoc province on January 9. According to Minister of Industry and Trade Vu Huy Hoang, bilateral economic ...
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
Cambodia to stop HIV by 2020
During a presentation at the 2013 International AIDS Society Conference on HIV Pathogenesis, Treatment and Prevention in Kuala Lumpur, Malaysia, Cambodia showed its new initiative called “Cambodia 3.0” which aims to eliminate new infections of HIV by 2020. Cambodia had one of the fastest growing HIV ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=N2U3NjkyZDJiYTM
Cambodian buses in Saigon to be strictly controlled
In the petition to the National Road Administration, Deputy Director of the HCM City Department of Transportation – Mr. Duong Hong Thanh, reported that at the time the Vietnam-Cambodia agreement on land transportation took effect, only 40 cars of each country were allowed to cross ...
http://english.vietnamnet.vn/fms/society/74337/cambodian-buses-in-saigon-to-be-strictly-control.html
After CPP Reshuffle, Sok An’s Fiefdom Trimmed
Deputy Prime Minister Sok An has a stunning portfolio of positions within the CPP government. on Monday, CPP lawmakers once again appointed Mr. An as the Cabinet Minister for Prime Minister Hun Sen. He is also the chairman of the state-controlled Cambodian National Petroleum Authority and ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/elections/after-cpp-reshuffle-sok-ans-fiefdom-trimmed-43665/
Trafficker gets 10 years
The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...
Buth Reaksmey Kongkea and Laignee Barron
http://www.phnompenhpost.com/national/trafficker-gets-10-years
Anti-money laundering plan
With the deadline for a second review by a global task force of the government’s efforts to combat money laundering and terrorism financing fast approaching, the Kingdom’s central bank yesterday conducted a workshop with banks, financial institutions and state agencies to flesh out a strategy ...
Sok Chan
http://www.khmertimeskh.com/news/28845/anti-money-laundering-plan/
Tales of intimidation
When activists Mom Sakin and Sorn Siyan took a stand against illegal logging in Kratie province last month, they were allegedly threatened with violence and lawsuits from officials. “Powerful people who wanted to intimidate us shot their guns into the air to prevent us from going ...
http://www.phnompenhpost.com/2013050165357/National/tales-of-intimidation.html
Anti-laundering law gets tougher penalties
The National Assembly yesterday passed a law to amend three articles in the anti-money laundering and terrorism financing law by a vote of 83 to six. Speaking at the start of session, Chea Chanto, governor of the National Bank of Cambodia, said the amendments would give ...
http://www.phnompenhpost.com/2013050965513/National/anti-laundering-law-gets-tougher-penalties.html
Groups Demand Mandatory Minimum Wage, Threaten Protest
About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/
Maids set to work abroad, but safety fears linger
After a three-year moratorium on sending maids overseas—sparked by a spate of serious abuses by recruiters and employers—momentum is building to once again send hundreds of thousands of Cambodian women to work overseas as domestic servants. Since Prime Minister Hun Sen shut down the industry in ...
Matt Blomberg
http://www.cambodiadaily.com/news/maids-set-to-work-abroad-but-safety-fears-linger-58853/
Cambodia asks for help in oil and gas industry
Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...
Simon Henderson
http://www.cambodiadaily.com/business/cambodia-asks-for-help-in-oil-and-gas-industry-57237/
Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/
Full text of White House statement on US-ASEAN Leaders Meeting
On November 19, 2012, President Obama met with the leaders of the 10 member states of the AssociatiOn of Southeast Asia NatiOns (ASEAN) to deepen our diplomatic, ecOnomic, security, and people-to-people ties with the key Asian multilateral organizatiOn. With a populatiOn of approximately 620 ...
Cambodia's tax revenue totals $683 million
The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...
http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html
UN Envoy Calls for Judicial Reform, Lauds Other Progress
The court system is still “chronically underfunded” and laws on its management are almost 20 years overdue, the U.N. human rights envoy Surya Subedi said yesterday. one year ago, during his sixth mission to Cambodia, Mr. Subedi described reform in the courts as moving at a ...
http://www.cambodiadaily.com/news/un-envoy-calls-for-judicial-reform-lauds-other-progress-6630/
MPs Urge Child Labor Action
A group of opposition lawmakers have written to Cambodian Prime Minister Hun Sen urging action against a sugar factory owned by a ruling party official accused of exploiting child labor and grabbing land from villagers. Six Sam Rainsy Party (SRP) parliamentarians sent a letter dated Jan. ...
http://www.rfa.org/english/news/cambodia/children-01292013174957.html