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Majority of Unions Reduce Wage Demands

Six of the 10 labor unions negotiating with the country’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 ...

http://www.cambodiadaily.com

Cambodia's rice exports up 125 pct in first half of 2013

Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...

http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm

Hun Sen says business breeds bribes

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

Chan Muyhong
http://phnompenhpost.com/business/hun-sen-says-business-breeds-bribes

CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

http://thesoutheastasiaweekly.com/?p=1301

Rights advocates urge swift passage of Law on Juvenile Detention

Rights groups say the Cambodian government should prioritize the passage of a law that would provide better guidance on the treatment of juveniles by the court system. ...

Phorn Bopha
http://www.voacambodia.com/content/rights-advocates-urge-swift-passage-of-law-on-juvenile-detention/2896679.html

Carbon credit for Seima Area

A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...

http://www.etmcambodia.com/

Oil refinery to be built

Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...

http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html

Net widens on fishing trap ban

Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...

http://www.phnompenhpost.com/index.php/2012030754900/National-news/net-widens-on-fishing-trap-ban.html

Cambodia targets de-dollarisation, crisis prevention

Cambodia’s financial strategy for the next decade includes de-dollarisation, improved regulations and better crisis prevention and management. The Financial Sector Development Strategy (FSDS) was released by the Ministry of Economy and Finance in partnership with the National Bank of Cambodia (NBC) and financed by the ...

http://www.phnompenhpost.com/index.php/2011072050512/Business/cambodia-targets-de-dollarisation-crisis-prevention.html

Thais Feared VN Support, Cable Shows

A US diplomatic cable released by WikiLeaks shows that Thailand feared Cambodia gaining military support from Vietnam over clashes between the two neighboring kingdoms about the disputed Preah Vihear temple. Thailand was also prepared to invoke a treaty with the USA that requires the US ...

Figures Reveal Inflation Increase

CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also ...

http://www.phnompenhpost.com/index.php/2011082351198/Business/figures-reveal-inflation-increase.html

Sihanoukville flight claims

Two airlines plan to begin regular flights between the tourist towns of Siem Reap and Sihanoukville this year, officials said yesterday. Cambodia Angkor Air aims to begin its regular flights by December, though may delay into 2012 if necessary, said office of the Council of ...

http://www.phnompenhpost.com/index.php/2011083151357/Business/sihanoukville-flight-claims.html

Royal Group submits plan for coal-fired plant

New details have emerged on Royal Group’s ambitions to expand its energy portfolio after a government official clarified that Cambodia’s biggest conglomerate is seeking to develop its own coal-fired power plant, rather than finance an existing one. ...

Kali Kotoski
http://www.phnompenhpost.com/business/royal-group-submits-plan-coal-fired-plant

Tax revenue up from 2011

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...

http://www.phnompenhpost.com/index.php/2012110959666/Business/department-officials-say-tax-revenue-is-up-from-last-year.html

Cassava production dropped in 2012

The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. officials blamed an unstable price during the previous season (from April to April) for the drop. According ...

http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html

Forte set to insure travellers on the net

Forte Insurance, a leading general insurance company in Cambodia, officially launched the region’s first online travel insurance product. officials and insiders said the product is to serve the growing number of Cambodian outbound tourists. Youk Chamroeunrith, Forte Insurance general manager, told the Post yesterday that ...

http://www.phnompenhpost.com/2013030761798/Business/forte-set-to-insure-travellers-on-the-net.html

Illegal Logging a Challenge for Carbon Trading

A Ministry of Agriculture official said yesterday he was aware of allegations of illegal logging by Royal Cambodian Armed Forces soldiers within protected community forests in Oddar Meanchey province and was looking into it. “I am following this case, but I haven’t received their petition yet,” ...

Union Official Forced to Sign ‘Confession’

A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...

Mam Sonando's verdict announced

Beehive radio owner Mam Sonando, along with two others appeared in the Court of Appeals Thursday to listen to their verdicts. The sentence was changed from five years to eight months imprisonment, but will be released on March 16, 2013 for having spent the same amount ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NTNlN2Y5YmNmYjg

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