South Korea to approve $1.5b loan to develop Cambodia’s economy
Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...
Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy
Microfinance to tap into WASH sector
A partnership between Cambodia Microfinance Association (CMA) and Water.org aims to increase access to safe water and sanitation nationwide by offering incentives to finance the sector. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-microfinance-to-tap-into-wash-sector
NGO calls for extension of maternity leave in Kingdom
The Scaling Up Nutrition Network (SUN), which represents more than fifty national and international civil society organisations and the SUN UN network, which represents four agencies, offered their congratulations to the government for recent workshops held to promote breastfeeding and the introduction of increased maternity ...
Post staff
https://www.phnompenhpost.com/national/ngo-calls-extension-maternity-leave-kingdom
SERC combat illegal investment schemes
The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes
Third minimum wage negotiation – Employers agree to $2 now as employees reduce to $10
The third textile, garment, footwear and travel goods minimum wage negotiation for 2025 has yet to reach a consensus, even though employers representatives raised their offer from $1 to $2, while union representatives dropped their rate from $14 to $10. ...
Sovann Sreypech and Pou Soreachny
https://cambojanews.com/third-minimum-wage-negotiation-employers-agree-to-2-now-as-employees-reduce-to-10/
Hun Sen leaves Kingdom for Belt and Road Forum in Beijing
Prime Minister Hun Sen and his delegation left the Kingdom yesterday to attend the Belt and Road Forum in Beijing where a number of assistance agreements are expected to be signed. Sry Thamrong, minister attached to the Prime Minister, said at Phnom Penh International Airport that ...
Khuon Narim
https://www.khmertimeskh.com/50598349/hun-sen-leaves-kingdom-for-belt-and-road-forum-in-beijing/
‘Trapped in debt bondage’
Cambodia’s construction boom has pushed thousands of families into modern slavery in the brick industry through debt bondage, a report by researchers from London’s Royal Holloway University say. The blood bricks report was released on Tuesday following the sharp rise in Cambodian brick prices in ...
Mech Dara
https://www.phnompenhpost.com/national/trapped-debt-bondage
Cambodia urges tourism training on par with Asean
Cambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training ...
Post Staff
https://www.phnompenhpost.com/business/cambodia-urges-tourism-training-par-asean
Gov’t preps new health plan
Plans for a universal health care system will be included in the 10-year strategy to strengthen Cambodia’s social welfare, according to a government official, as a new report reveals almost three-quarters of Cambodians lack any legal health coverage. The study, released this week by the International ...
Shaun Turton
http://phnompenhpost.com/national/govt-preps-new-health-plan
Hun Sen announces raises for teachers, nurses
Prime Minister Hun Sen yesterday announced a three-stage plan to raise the salaries of civil servants working under the Education and Health ministries, with the first increase to come in September. Speaking to graduating students at Beltei University in Phnom Penh, Mr. Hun Sen said that ...
Khy Sovuthy
http://www.cambodiadaily.com/news/hun-sen-announces-raises-for-teachers-nurses-67017/
Fishing cat found in Cambodia after decade-long absence
Fishing cats are a rare species of predatory feline found in South and Southeast Asia. For decades, fishing cat populations have been in decline. The latest sightings were made possible by a remote cameras set up by researchers with Cambodia’s Center for Biodiversity Conservation ...
Brooks Hays
http://www.upi.com/Science_News/2015/09/03/Fishing-cat-found-in-Cambodia-after-decade-long-absence/8601441303016/
CSOs seek input on climate policies
Civil society and government representatives met at the Royal University of Phnom Penh yesterday to discuss how both sides can cooperate to formulate climate change policies that fulfill the Kingdom’s treaty obligations in the wake of the historic climate accord reached in Paris earlier this ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/csos-seek-input-climate-policies
US firms suggest ASEAN improve financial services
Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US Business Summit, which kicked ...
Microsoft decries pirated software
Microsoft Cambodia has found that an overwhelming majority of computer retailers surveyed earlier this year failed to offer customers the option to purchase licensed, as opposed to pirated, software. Out of the 54 Cambodian computer retailers included in the May survey, the results of which were ...
http://www.phnompenhpost.com/business/microsoft-decries-pirated-software
Garment IPO to pay for factory
Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/garment-ipo-pay-factory
Villagers want compensation for Lower Sesan 2 Dam construction
A group of eight villagers from Stung Treng and Ratanakkiri provinces facing displacement by the construction of the Lower Sesan 2 dam lodged a petition Thursday with the Chinese Embassy and three ministries demanding that the developer negotiate with them. “The affected families have never been ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-want-compensation-for-lower-sesan-2-dam-construction-52244/
Culture Ministry Plans to Build New Cinema
In an effort to increase Khmer film production the Ministry of Culture and Fine Arts is going to build a state-run cinema next to the Chaktomuk Conference Hall. Recently Westec Media opened a cinema, the first offering 3D movies in Cambodia, at City Mall in ...
Kingdom pushes power grid
The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...
http://www.phnompenhpost.com/index.php/2011122053502/Business/kingdom-pushes-power-grid.html
Capital ferry hosts official launch
The Ministry of Public Works and Transport said caretaker Prime Minister Hun Sen presided over the official launch of a ferry service that has been operating for the past three months. The service takes passengers along the Tonle Sap and Tonle Bassac rivers, making three ...
Hin Pisei
https://www.phnompenhpost.com/business/capital-ferry-hosts-official-launch
An IPO with a value approach
Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...
Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach