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Royal Group affirms its commitment to ANZ

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/

Chinese state firm in talks to take over rail project

With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...

Cambodia's garment workers confront multinationals

Since mid-January a group of illegally laid off Cambodian garment workers – mostly women – have been picketing the factory they worked in. Their objective was to stop the company, which closed down, owing the workers, collectively, about US$200,000 of unpaid wages, from removing the ...

http://www.greenleft.org.au/node/53454

Families walk out of land dispute compensation meet

Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...

Aun Pheap
http://www.cambodiadaily.com/news/families-walk-out-of-land-dispute-compensation-meet-56311/

Single visa test-run

A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...

http://www.ttrweekly.com/site/2012/12/single-visa-test-run/

Cambodia, China team up to boost local silk sector

With the aim of boosting the local sericulture sector, the Royal Academy of Cambodia (RAC) and the South China Agricultural University (SCAU) will soon begin a collaboration to conduct research in the industry and train farmers. ...

Sok Chan
https://www.khmertimeskh.com/50520133/cambodia-china-team-up-to-boost-local-silk-sector/

Ministry warns of punishment for political activity at schools

The Ministry of Education has issued a directive banning political activism or association at academic institutions, saying it will fine or shut down universities, post-secondary schools and student organizations that have engaged in or promoted political activity. ...

Mech Dara
https://www.cambodiadaily.com/news/ministry-warns-of-punishment-for-political-activity-at-schools-91454/

More than 300 students educated on the conservation, development of Angkor

The APSARA Authority organized a workshop on Management, Conservation and Development of Angkor Area and educated more than 300 students from the Royal University of Agriculture. ...

Khmer Times Staff
https://www.khmertimeskh.com/501095428/more-than-300-students-educated-on-the-conservation-development-of-angkor/

Cambodian workers to get Japan opportunity

The Japanese government will offer an opportunity for specialised Cambodian workers to work in Japan through a new Memorandum of Understanding (MoU) that might be signed in April, Minister of Labour and Vocational Training, Ith Sam Heng said. ...

Mech Dara
https://www.phnompenhpost.com/national/cambodian-workers-get-japan-opportunity

Cambodia to end border check

Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...

http://www.nationmultimedia.com/detail/asean-plus/30362299

Lor Peang residents refuse compensation for ‘their land’

Around 50 people representing 83 households from Lor Peang village in Kampong Chhnang yesterday refused concessions offered to them during a meeting with the National Assembly’s Commission on Human Rights, Complaints, and Investigation. ...

May Titthara
http://www.khmertimeskh.com/news/20731/lor-peang-residents-refuse-compensation-for----their-land---/

Boeung Kak lake dispute ‘closed’

Phnom Penh City Hall yesterday washed its hands of the decadelong contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/boeung-kak-lake-dispute-closed

Hun Sen lauds US-North Korea talks

Prime Minister Hun Sen applauded the upcoming meeting between US President Donald Trump and North Korean leader Kim Jong-un on Saturday, offering his congratulations to the odd couple at the fourth annual River Festival in Kandal province.​ ...

Ben Sokhean
http://www.phnompenhpost.com/national/hun-sen-lauds-us-north-korea-talks

First Khmer Rouge history mobile app released on Android

The first mobile app offering a comprehensive and interactive history of the Khmer Rouge, created in the hopes of ending a “collective denial” about some of the atrocities committed by the Pol Pot regime, went live on Tuesday. ...

George Wright
https://www.cambodiadaily.com/news/first-khmer-rouge-history-mobile-app-released-on-android-132885/

Cambodian insurance industry has 'Substantial potential for growth'

Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgyYjQ3MWI0YWN

Boeng Kak families accept swap to end land disputes

At least 16 more families that have been locked in a bitter and lengthy dispute with the municipal government over land in Phnom Penh’s Boeng Kak neighborhood accepted municipal governor Pa Socheatvong’s offer of a land swap Thursday morning. ...

Mech Dara
https://www.cambodiadaily.com/news/boeng-kak-families-accept-swap-to-end-land-disputes-81780/

SME board possible this year

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year

Families of Svay Rieng crash victims reject compensation

The Svay Rieng Provincial Court director said Tuesday that the bus company involved in a deadly crash that killed 19 people and injured 21 in Svay Rieng province in May has had its latest compensation offer rejected by the victims’ families. ...

Aun Pheap
https://www.cambodiadaily.com/news/families-of-svay-rieng-crash-victims-reject-compensation-91456/

Asean banking conference to shape strategy for industry

The 22nd Asean Banking Conference and the 49th Asean Banking Council Meeting kicks off on Monday in Phnom Penh, Cambodia. This is the Kingdom’s first time hosting the conference and the second time for the council meeting. The event is organised by the Association of ...

May Kunmakara
https://www.phnompenhpost.com/business/asean-banking-conference-shape-strategy-industry

Second international machinery fair opens this weekend

The second Cambodia International Machinery Industry Fair 2012 (CIMIF 2012) will kick off this weekend from at the Diamond Island Convention Center in an effort to promote the industry development and foreign investment in Cambodia. It will run for four days from tomorrow to August ...

http://www.phnompenhpost.com/index.php/2012081658021/Business/international-machinery-fair-to-draw-investors.html

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