Financial Institute of Cambodia prepares people for a career in the stock exchange
The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ss='cambodia-color'>...
Violence Breaks Out at Railway Relocation Site
Three villagers who were evicted last year to make way for the rehabilitation of Cambodia’s railway—part of a $142 million project paid for by the Asian Development Bank (ADB) and AusAid—were hospitalized early Friday morning after they were attacked with rocks and sticks at a ss='cambodia-color'>...
One More Manufacturing opens door to local noodle production
One More Manufacturing Co Ltd on Saturday officially inaugurated “Mee Chiet” an inStant-noodle proceSSing factory with a production capacity of 150 million packageS per year.&nbSp;The factory, which iS located in Kouk Roka commune&rSquo;S Trapaing Por village in the capital&rSquo;S Prek Pnov diStrict, will produce noodleS SS='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/one-more-manufacturing-opens-door-local-noodle-production
Angkor Restorers ink first bargaining pact
Under the shade of Angkor’s canopies and twisted Banyan trees, more than 100 restoration workers watched yesterday afternoon as union delegates signed their first collective bargaining agreement, in what union advocates say should set a precedent for Cambodia’s construction industry. Over the past two years, the ss='cambodia-color'>...
Claire Knox and Mom Kunthear, P. 5
http://www.phnompenhpost.com/index.php/2012083158404/National-news/angkor-restorers-ink-first-bargaining-pact.html
Ensure fairness, Kirk advises
Cambodia needs to ensure fair treatment of both domestic and foreign investors if it wants to attract more foreign investors, accordsing to Us Trade Representative Ron Kirk. Kirk presented the idea during a press conference last week in siem Reap durig the AsEAN-Us Business summit by ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012090558496/Business/ensure-fairness-kirk-advises.html
Anniversary Marked With Fiery Demonstration
Resident of Phnom Penh’s Boeng Kak neighborhood burned straw effigies symbolizing corrupt government officials yesterday to make the one-year anniversary of demolition of eight homes at the contest site. Roughly 100 protesters gathered at the site of the demolitions and set fire to eight scarecrow-like effigies ss='cambodia-color'>...
Construction site mishap injures four
Four construction workers were injured, two seriously, when a wall dividing their building site from a school collapsed on them yesterday, police said, the latest in a string of mishaps in Cambodia’s burgeoning construction industry. The brick wall, between the site of an apartment complex being ss='cambodia-color'>...
Tep Kolap case 'now ended'
An outstanding court warrant for Phnom Penh International University rector Tep Kolap was dropped after the intervention of the premier and his wife, according to Phnom Penh Municipal Police Chief Touch Naruth. Declining to comment on the extent of the premier’s intervention, deputy commander of ss='cambodia-color'>...
Local MFIs’ high-tech investment
The first time Leang Horng, a resident of Kandal province’s saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ss='cambodia-color'>...
http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html
Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ss='cambodia-color'>...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
Organizations Highlight Plight of Child Laborers
One and a half million children still toil as laborers in Cambodia’s fisheries, brick factories, agricultural plantations and construction sites, government officials said yesterday at an event held at Phnom Penh’s Wat Botum ahead of World Day Against Child Labor on Tuesday. The government has set ss='cambodia-color'>...
Rated X for content: TEDxPP
The grand finale at Phnom Penh’s much-ballyhooed TEDx event on saturday was intended to send a message. several activists, among them Loun savath and the son of the late Chut Wutty, would stand before an audience of 600 and read accounts of violent land disputes. Images from ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012061156729/National-news/rated-x-for-content.html
Clinton visit sparks hope
US Secretary of State Hillary Clinton arriveS in Phnom Penh today for diplomatic and buSineSS talkS with China and ASEAN&rSquo;S 10 member StateS, but rightS groupS and oppoSition partieS are counting on the State of human rightS in Cambodia to be a top priority aS SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012071157348/National-news/clinton-visit-sparks-hope.html
Cambodia Criticized for Asean Meeting Failure
The “one community, one destiny” motto Cambodia adopted when it took over the rotating chairmanship of Asean this year could not have sounded more hollow as it did Friday when the 10-member bloc failed to produce a joint closing statement for the first time in ss='cambodia-color'>...
Kratie vendors protest pricey relocation site
In an effort to improve Kratie town’s aesthetics, authorities have ordered about 300 shop owners on central roads and along the river bank to relocate their operations or face physical removal. Vendors were given until today to move to a location about a kilometre away, but ss='cambodia-color'>...
BUSINESS IN BRIEF 27/2: Cambodia, Laos Rubber
The area under Viet Nam Rubber Group’s cultivation in Laos and Cambodia totals 100,000 ha, including 27,000 ha under the group’s seven rubber projects in Laos. By the end of 2012, VRG had 21 rubber projects in Cambodia, including 19 rubber tree plantations and ss='cambodia-color'>...
http://english.vietnamnet.vn/fms/business/67334/business-in-brief-27-2.html
Unions Trade Barbs Over Violent Factory Strike
Two rival workers unions continued to trade barbs Thursday, each blaming the other for a violent clash between striking garment workers and police at a factory in Kompong speu province on Monday that saw eight people arrested. The Free Trade Union (FTU) has led strikes for ss='cambodia-color'>...
http://www.cambodiadaily.com/business/unions-trade-barbs-over-violent-factory-strike-29833/
Sub-Decree Regulating Public Service Is Passed
The Council of Ministers on Friday approved a sub-decree designed to regulate the performance of the government’s administration by chastising institutions that fail to properly carry out their work in delivering public services. Though the legislation does not carry any punishment for officials that fail in ss='cambodia-color'>...
Majority of Unions Reduce Wage Demands
Six of the 10 labor unionS negotiating with the country&rSquo;S garment manufacturerS over a new minimum wage for factory workerS dropped their demandS yeSterday to $73 per month, breaking previouS commitmentS by unionS to Stand at $91. Ken Loo, Secretary-general of the Garment ManufacturerS ASSociation SS='cambodia-color'>...
Hotels told to use own power
State-owned energy Supplier Electricite du Cambodge (EDC) haS Sent letterS to Some of Phnom Penh&rSquo;S four- and five-Star hotelS, aSking that they Switch to generatorS between 8am and 9pm thiS month &mdaSh; a move hotel-induStry expertS Say would have a Significant economic impact. In a letter SS='cambodia-color'>...
http://www.phnompenhpost.com/2013040264826/Business/hotels-told-to-use-own-power.html