Port eyes public listing amid profits recovery
Sihanoukville Autonomous Port (SAP) could be ready to list on the Cambodian Stock Exchange (CSX) by mid 2015, the head of the state-owned enterprise says. Lou Kimchhunn, director-general at the port said he is awaiting evaluations of the business’s 2014 performance from an independent accounting firm ...
May Kunmakara
http://www.phnompenhpost.com/business/port-eyes-public-listing-amid-profits-recovery
Holiday clemency requested for 900 prisoners
The names of more than 900 prisoners have been put forward to receive pardons and sentence reductions during next month’s Khmer New Year festivities, officials said yesterday. The inmates were selected by the Ministry of Interior and their cases are now being assessed by the Ministry ...
Chhay Channyda
http://www.phnompenhpost.com/holiday-clemency-requested-900-prisoners
Vietnam tops auction to supply rice to NFA
Vietnam offered Friday the lower price for the additional rice supply that the Philippines will import to increase its buffer stock for the lean season, the National Food Authority said. NFA earlier invited Cambodia, Thailand and Vietnam to supply an additional 250,000 metric tons of rice ...
Anna Leah E. Gonzales
http://bit.ly/1QgImol
Rocket Internet launches e-commerce site in Cambodia
A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...
http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html
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
More Migrant Workers Losing Contact, NGOs Say
The number of families claiming to have lost contact with relatives working overseas has seen a significant increase in recent months, three human rights groups said Thursday. Local rights groups Adhoc and Licadho and the legal aid association Cambodian Legal Education Center (CLEC), said that the ...
More Migrant Workers Losing Contact, NGOs Say
The number of families claiming to have lost contact with relatives working overseas has seen a significant increase in recent months, three human rights groups said Thursday. Local rights groups Adhoc and Licadho and the legal aid association Cambodian Legal Education Center (CLEC), said that ...
Dream deferred in S’pore
As another Cambodian maid who travelled to Singapore under a pilot scheme between the two countries prepares to return home this week alleging labour rights abuses, recruitment agencies in Phnom Penh continue to look for more women to sign up for the overseas work. The ...
Phak Seangly and Alice Cuddy
http://www.phnompenhpost.com/national/dream-deferred-spore
As Case Delayed, Former Maid Trainee Suffers
When Heng Hak escaped from Phnom Penh maid recruitment center in March 2011, falling several stories in the process, she unwittingly became part of a groundswell-one in a series of mounting cases highlighting severe mismanagment of recruitment agencies, and the abuses incurred by both trainees ...
Migrant worker policy set to change: ministry
The Cambodian government has developed six prakases related to a controversial sub-decree that regulates the recruitment of migrant workers, but it cannot yet release the details, a Labor Ministry official said yesterday. On the sidelines of an ASEAN meeting in Siem Reap aimed at curtailing migrant worker abuses, Seng Sakada, ...
Qatar plans bank in Cambodia to enhance trade
Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...
Shuttered but still collecting
T & P, the notorious labour recruitment firm that was closed down last year because of its appalling record of abuse scandals, is continuing to receive and pocket remittances from maids stranded in Malaysia, a coalition of rights groups told a press conference yesterday. At the ...
Airport Fees Must Be Uniform And Transparent, UN Body Says
Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials said that a $1,000-per-landing royalty fee ...
Cambodia sends 4,779 laborers abroad in Q1
Cambodia has dispatched 4,779 workers to Thailand, South Korea and Japan in the first three months of this year, according to a report from the Ministry of Labor on Friday. During the January-March period this year, the country sent 4, 100 workers to Thailand, 678 workers ...
Cambodia's Rice Exports Up 94 Per Cent In 11 Months
Cambodia exported 332,000 tonnes of rice in the first 11 months of the year, up 94 per cent year-on-year. The country exported rice to 63 countries and territories with Poland, France, Malaysia, Thailand, the Netherlands and China as its main importers, Vietnam News Agency (VNA) reports ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1000563
Cambodia sets 2020 tourism target
Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/
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 ...