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Heritage Foundation calls for change of US policy in Cambodia

Political analysts at the US-based Heritage Foundation say relations with Cambodia are overdue for reform. In a recent analysis, “Promoting True Democratic Transition in Cambodia,” the Washington think tank says the 2013 elections, which the opposition claims were marred by widespread fraud, offer a chance to ...

Sok Khemara
http://www.voacambodia.com/content/heritage-foundation-calls-for-change-of-us-policy-in-cambodia/1886504.html

City Hall bans June Textile rally

The president of the Cambodian Confederation of Unions said yesterday that he would defy a municipal order banning employees from June Textile Factory from marching to Prime Minister Hun Sen’s house to seek resolution in a labour dispute. According to a report from a City ...

http://www.phnompenhpost.com/index.php/2011070150121/National-news/labour-dispute-city-hall-bans-june-textile-rally.html

1.3 Million Visitors Arrive in First Semester for 2011

About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...

http://thesoutheastasiaweekly.com/

Official says resettlement sites are good for development

Widely different interpretations of the government’s land policy were voiced at a conference on Land Security and Housing Rights on Thursday in Phnom Penh, with civil servants defending mass relocations, while rural evictees spoke of being forced into poverty due to loss of their land. ...

http://www.cambodiadaily.com/

China's Guangxi donates 100 tons milled rice to Cambodia

China’s Guangxi Zhuang Autonomous Region on Tuesday donated 100 tons of milled rice to Cambodia as humanitarian aid. Hun Sen expressed gratitude to China’s Guangxi, saying that Cambodia and China’s Guangxi have seen growing relations and cooperation in agriculture. He asked Zhang to encourage more ...

http://news.xinhuanet.com/english/china/2013-01/08/c_132089011.htm

Workers at Factories Supplying Major Brands Continue Protests

About 3,000 garment workers from two factories that supply clothes to international brands Levi Strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of Social Affairs. Upon arriving at the ministry, workers employed by the ...

Textile Industry Gets Lessons From Korean Designers

Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...

http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/

Cambodia and S Korea aid workers

Cambodia and South Korea signed a memorandum of understanding yesterday, agreeing to work together to ensure worker protection. Last month,  a Kampong Speu shoe factory collapse killed two workers. The incident inspired the Ministry of Labour to implement a Health and Safety Network for workers here ...

http://www.phnompenhpost.com/2013061266215/National/cambodia-and-s-korea-aid-workers.html

Fish tale: A million released

A million fish formed the front line of the conservation fight yesterday, when Agriculture, Forestry and Fisheries officials released them in Kampong Thom provincial waters, celebrating the launching of a national aquaculture institute. Yesterday’s celebration of National Fish Day in Baray district marks the official start ...

http://www.phnompenhpost.com/2013070266609/National/fish-tale-a-million-released.html

China currency deals surge

As trade activity between Cambodia and China intensifies, banks are seeing an increase in deals transacted in yuan, the Chinese currency. Operating in Cambodia since 2010, Bank of China’s Phnom Penh Branch has been trying to promote business transactions in yuan, and has seen a significant ...

http://www.phnompenhpost.com/2013070866712/Business/china-currency-deals-surge.html

Cambodia to issue new 100,000-riel banknote featuring royal family pictures

Cambodia will launch a new 100,000-riel banknote (in equivalent to 25 U.S. dollars) in order to celebrate the sixtieth birthday of King Norodom Sihamoni on May 14, a central bank official said Wednesday. A sub-decree on the issuance of the new 100,000-riel banknote was signed ...

http://news.xinhuanet.com/english/world/2013-05/08/c_132368449.htm

Confidence at central bank

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

http://www.phnompenhpost.com/2013062566455/Business/confidence-at-central-bank.html

Italy steps up fight against Cambodian rice

Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...

George Styllis
http://www.cambodiadaily.com/business/italy-steps-up-fight-against-cambodian-rice-63945/

Seventy-eight judges and court officials reshuffled

With new laws in the pipeline to reform the judiciary, the Supreme Council of Magistracy has announced a reshuffling of judges and court staff, with 78 officials promoted or transferred, according to a royal decree signed April 6. The job changes, which include senior judges and ...

Mech Dara
http://www.cambodiadaily.com/news/seventy-eight-judges-and-court-officials-reshuffled-56529/

Maids set to work abroad, but safety fears linger

After a three-year moratorium on sending maids overseas—sparked by a spate of serious abuses by recruiters and employers—momentum is building to once again send hundreds of thousands of Cambodian women to work overseas as domestic servants. Since Prime Minister Hun Sen shut down the industry in ...

Matt Blomberg
http://www.cambodiadaily.com/news/maids-set-to-work-abroad-but-safety-fears-linger-58853/

Singapore Invests in New Cambodian Bank

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

Garment Makers Gear Up for IPOs

Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...

http://www.phnompenhpost.com/index.php/2012062957093/Business/garment-makers-gear-up-for-ipos.html

Telecommunications ministry pushes tech education

The Ministry of Post and Telecommunications urged the students who completed the recent High School Diploma examinations to embrace digital technology, which it said plays an important role in daily life, business, public service and other services. ...

Long Kimmarita
https://www.phnompenhpost.com/national/telecommunications-ministry-pushes-tech-education

Task of Obtaining Passport Is Adding To Illegal Migration Problem

Thousands of Cambodians cross the border via illegal checkpoints into Thailand every year. Some end up working in slave-like conditions on illegal fishing trawlers. Others work in factories while getting paid under the table. It is often a last resort fraught with danger and uncertainty and ...

http://www.cambodiadaily.com/news/task-of-obtaining-passport-is-adding-to-illegal-migration-problem-30629/

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

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