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Cambodian rubber earnings fall

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

http://www.phnompenhpost.com/business/cambodian-rubber-earnings-fall

CDC opens tax desk to advise foreign firms

The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. ...

Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms

Chinese companies face culture shock

Faced with slower growth at home and rising labour costs, Chinese entrepreneurs are seeking foreign markets as never before.But as they rush abroad, they are grappling for the first time with unruly trade unions and meddlesome journalists. ...

The Post News Staff
http://www.phnompenhpost.com/business/chinese-companies-face-culture-shock-0

Hun Sen’s lawyer receives promotion

After leading the legal team that won the widely condemned dissolution of the CNRP at the Supreme Court in November, Ky Tech, lawyer for the Council of Ministers and Prime Minister Hun Sen, has been given a rank equivalent to minister just weeks after he ...

Mech Dara
http://www.phnompenhpost.com/national/hun-sens-lawyer-receives-promotion

Capital’s new governor arrives swinging

Khoung Sreng was sworn in as the new governor of Phnom Penh yesterday, wasting little time before sending a warning that he will act against “ill-intentioned” people in the city, with Interior Minister Sar Kheng pledging at the event that recent commune election successes of ...

Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/capitals-new-governor-arrives-swinging

Cambodia's elderly receive inadequate support

For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...

Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092

Loss of Forest in Cambodia Among Worst in the World

Cambodia lost more than 7 percent of its forest cover over the past 12 years—the fifth fastest rate in the world—according to a new study of global forest cover change that sharply contradicts the government’s own rosier figures. Published Friday in the journal Science and led ...

Zsombor Peter
http://www.cambodiadaily.com/news/loss-of-forest-in-cambodia-among-worst-in-the-world-47259/

New report spotlights hidden workforce behind global brands

Global brands rely on a hidden workforce within their supply chains to avoid responsibility for poor working conditions and abuse, according to a new report from the International Trade Union Confederation. ...

Aria Danaparamita
https://www.cambodiadaily.com/news/new-report-spotlights-hidden-workforce-behind-global-brands-105909/

Muslim woman, girl back from Malaysia

A day after opposition leader Sam Rainsy publicly took up their cause, a young Cham Muslim woman and girl were repatriated Tuesday after being trafficked into the Malaysian sex trade and were greeted by Foreign Affairs Minister Hor Namhong. ...

Kuch Naren
https://www.cambodiadaily.com/news/muslim-woman-girl-back-from-malaysia-78619/

Building back better with access to information

UNESCO and the Ministry of Information, and the Ministry of Post and Telecommunications, the Department of Media and Communication at the Royal University of Phnom Penh, and civil society organisations, are commemorating the 2021 International Day of Universal Access to Information (IDUAI) in Cambodia, on ...

Khmer Times Staff
https://www.khmertimeskh.com/50942865/building-back-better-with-access-to-information/

Software giant targets piracy

Microsoft Cambodia has appointed Thakral Cambodia Industries Limited as its second authorised software distributor in the country, a move intended to help the computer giant’s local operation combat the rampant use of pirated software. Thakral, one of the largest distributors of IT products in Cambodia (its ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/software-giant-targets-piracy

Garment, footwear, and travel goods exports valued at $9.3 billion

Cambodia exported garments, footwear and travel goods worth $9.35 billion in 2019, a year-on-year increase of 11 percent, according to a report from the Ministry of Industry and Handicraft. ...

Chea Vannak
https://www.khmertimeskh.com/50692028/garment-footwear-and-travel-goods-exports-valued-at-9-3-billion

Cambodia’s international trade recorded at almost $32 billion in first eight months

The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/

China brides rescued; alleged brokers busted

Anti-human trafficking police arrested a man and a woman at Phnom Penh International Airport on Tuesday night, as they attempted to send two Cambodian women to be sold as brides in China. ...

Sen David
http://www.phnompenhpost.com/national/china-brides-rescued-alleged-brokers-busted

PM signs health decree

As part of a long-planned project to overhaul the country’s social security system, Prime Minister Hun Sen signed into law yesterday a sub-decree effectively granting health insurance to hundreds of thousands of Cambodian workers. ...

Sen David and Charles Rollet
http://www.phnompenhpost.com/national/pm-signs-health-decree

Unique pension plan pushed

A new union has been founded pledging to offer members a post-retirement pension with a novel twist – it will be funded by sponsorship from private companies. The head of the new Workers Retirement Fund of Cambodia Union president, Sidney Sok Ke, claims to have spent ...

Mom Kunthear
http://www.phnompenhpost.com/unique-pension-plan-pushed

Judicial reform drafts to move forward in March

Three judicial reform draft laws will be submitted to the Council of Ministers last this month, justice officials said Wednesday. The draft laws deal with the functions of the courts and the conduct of judges and prosecutors, as well as an oversight body called the Supreme ...

Kong Sothanarith
http://www.voacambodia.com/content/judicial-reform-drafts-to-move-forward-in-march/1864692.html

Cambodia launches project to promote financial literacy at local level

The National Bank of Cambodia (NBC) and the Cambodia Microfinance Association (CMA) have jointly launched the “Safe Finance in Community” project to promote financial literacy, rights and consumer protection in communities, a press statement said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501246625/cambodia-launches-project-to-promote-financial-literacy-at-local-level/

MobiTel, Smart Fight It Out Over Prices

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/

NBC projects real economic growth at 7 pct this year

The National Bank of Cambodia (NBC) said in its mid-year report the country’s real economic growth will average seven percent this year, with strong contribution from the agricultural, industrial and services sectors. ...

Sok Chan
https://www.khmertimeskh.com/50511987/nbc-projects-real-economic-growth-at-7-pct-this-year/

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