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Cassava exports jump 94%

The Kingdom’s cassava exports soared 94 per cent year-on-year in the first nine months of 2011, despite the recent flood devastation the agriculture sector has experienced, according to Ministry of Commerce figures. The statistics showed that Cambodia’s export of dry and fresh cassava hit about 22,652 ...

http://www.phnompenhpost.com/index.php/2011101952198/Business/cassava-exports-jump-94.html

Maid’s family seeks justice

The family of a Cambodian maid that officials suspect was tortured to death in Malaysia will fly there shortly to file a complaint against her employers, a government spokesperson said yesterday. Ministry of Foreign Affairs spokesperson Koy Kuong said the family of Mey Sichan, 22, from ...

http://www.phnompenhpost.com/index.php/2012040655463/National-news/maids-family-seeks-justice.html

More teachers to be deployed at schools

Minister of Interior Sar Kheng said the government had reached a quorum to deploy 3,600 teachers at schools that lack teaching personnel and will continue to improve teachers’ quality and raise their standards of living. Speaking at the 22nd Teachers’ Day celebration at the National ...

Ry Sochan
https://www.phnompenhpost.com/national/more-teachers-be-deployed-schools

Over 20 child street sellers rescued in raid

More than 20 child laborers were rescued in Phnom Penh on Tuesday after anti-human trafficking authorities arrested a couple who had forced the children to work as fruit sellers in exchange for payments made to their families, according to police.Officers from the Interior Ministry’s anti-human ...

Sek Odom
https://www.cambodiadaily.com/news/over-20-child-street-sellers-rescued-in-raid-on-house-95148/

Bangkok Insurance to sell products in Laos, Cambodia

The SET-listed Bangkok Insurance (BKI) is stepping up its local branch expansion and plans to sell its products in Laos and Cambodia. The move prepares it for the region’s economic integration in 2015. President Panus Thiravanitkul said BKI will open one branch each in Prachuap Khiri Khan,Trang ...

http://www.bangkokpost.com/business/economics/308589/bangkok-insurance-to-sell-products-in-laos-cambodia

SEZ Shooting Suspect Under Court Supervision

The Svay Rieng Provincial Court has placed former Bavet City Governor Chhouk Bundith under court “supervision” after questioning him last week in connection to the Feb. 20 shooting of three female factory workers, according to investigating Judge Pech Chhoeut. Mr. Chhoeut said the ex-governor was questioned ...

Chea Vichea Murder Case Back in Court

The two men convicted of – and widely believed framed for – the 2004 assassination of union leader Chea Vichea are set to appear at the Appeal Court for their retrial today, nearly four years after the Supreme Court released them and ordered a reinvestigation ...

http://www.cambodiadaily.com

Commerce Minister calls on checkpoint officials to crackdown on expired goods

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Thong Thira, Banteay Meanchey’s head of department of Commerce, said that about 71 percent of 700,000 people living in Banteay Meanchey are farmers. He said the province has big 20 ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWFjOTZkZjI0OTh

Government to freeze bank accounts of four tardy tycoons

Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-to-freeze-bank-accounts-of-four-tardy-tycoons-65593/

Ex-KR soldiers lock in land-dispute meeting

Seventy-four former Khmer Rouge soldiers fighting for land they claim the government granted them in the 1990s have agreed to meet with the military commanders who allegedly sold the parcels for personal profit. The meeting, scheduled for Tuesday, follows a week after a pair representatives for ...

Chhay Channyda
http://www.phnompenhpost.com/national/ex-kr-soldiers-lock-land-dispute-meeting

CNRP to screen banned film on slain union leader Chea Vichea

The opposition CNRP plans to screen the banned documentary film “Who Killed Chea Vichea?” this week to mark the 11th anniversary of the Free Trade Union (FTU) leader’s assassination in front of a newspaper stall in Phnom Penh on January 22, 2004. CNRP public affairs director ...

Kuch Naren
https://www.cambodiadaily.com/news/cnrp-to-screen-banned-film-on-slain-union-leader-chea-vichea-76452/

Cambodia launches code of banking practices

The National Bank of Cambodia ( NBC), which is the regulator of the banking and finance industry, promulgated the Code of Banking Practices on Monday with an aim of further building confidence of the public in the industry, officials said. The sector had received a ...

Shanghai Daily News Staff
http://shanghaidaily.com/article/article_xinhua.aspx?id=268881

Natural rubber exports retain bounce during Covid-19 crisis

Cambodia exported $22.17 million worth of natural rubber to the international market last month, gaining 6.3 per cent over April 2019’s $20.85 million, said a Ministry of Agriculture, Forestry and Fisheries report.​ ...

Hin Pisei
https://www.phnompenhpost.com/business/natural-rubber-exports-retain-bounce-during-covid-19-crisis

SECC sets minimum capital requirement

The Securities and Exchange Commission of Cambodia (SECC) has set a minimum capital requirement for securities firms A statement from the SECC, released yesterday, said that securities underwriters are required to hold a minimum of 40 billion riel of their shareholder’s equities It also requires securities firms to maintain ...

http://www.phnompenhpost.com/index.php/2012052456352/Business/secc-sets-min-capital-requirement.html

Sihanoukville Special Economic Zone —to Build an International Zone with the Concept of “Win-win”

Data from Cambodia’s custom and excise department shows that from January to August this year, the total number of containers arriving and leaving the Sihanoukville Special Economic Zone (SSEZ) increased by 22.1% compared with the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50767842/sihanoukville-special-economic-zone-to-build-an-international-zone-with-the-concept-of-win-win/

Ministries: Join BFC or lose export privileges

Two ministries on February 22 ordered factory owners and directors in the textile, garment, bag and travel-goods export sectors to register with Better Factories Cambodia (BFC) and obtain certification on working conditions. ...

Thou Vireak
https://www.phnompenhpost.com/business/ministries-join-bfc-or-lose-export-privileges

$100M Lorn City II Sihanoukville residential project breaks ground

Local developer 5LH Lorn City development Co Ltd’s (Lorn City Group) $100 million residential project broke ground on February 22 morning in Preah Sihanouk, to meet the growing housing demand in the coastal province, the provincial administration said in the press release. ...

May Kunmakara
https://www.phnompenhpost.com/business/100m-lorn-city-ii-sihanoukville-residential-project-breaks-ground

Domestic revenue a vital source of development financing: UN report

Domestic revenue is an increasingly vital source of financing for development in the Kingdom, amounting to 19 per cent of gross domestic product (GDP) last year and expected to reach 22.5 per cent by end-2025, the UN said on July 16. ...

Thou Vireak
https://phnompenhpost.com/business/domestic-revenue-vital-source-development-financing-un-report-0

NBC: Financial institutions in H1 restructure $5.5 billion in loans

The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...

Thou Vireak
https://phnompenhpost.com/business/nbc-financial-institutions-h1-restructure-55-billion-loans

UNICEF report says Cambodian children face crisis from poor diets

A report released by UNICEF on September 22 said that Cambodian children under the age of two are not getting the food or nutrients they need to thrive and grow well, leading to irreversible developmental harm. ...

Khmer Times Staff
https://www.khmertimeskh.com/50940015/unicef-report-says-cambodian-children-face-crisis-from-poor-diets/

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