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Rice sector credit boost

The government-backed Rural Development Bank (RDB) will lend $64 million to Cambodia’s agriculture sector in 2014, the bank’s top official said yesterday. Sun Kunthor, president of RDB, said most of the funding would be used to support growth in Cambodia’s rice sector as it strives to ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-sector-credit-boost

Acleda seeks bidders for ATM drive

Cambodia’s largest commercial bank, Acleda, plans to install 30 automatic teller machines (ATMs) this year as the bank expects about a million new depositors during the coming year. Acleda president and chief executive in Channy told the Post yesterday additional ATMs would be installed in Phnom ...

http://www.phnompenhpost.com/2013030461728/Business/acleda-seeks-bidders-for-atm-drive.html

IT Firm Sues Thaicom Over Mfone Ownership

Thai information technology firm infobahn Co. Ltd. has filed a lawsuit against telecommunications conglomerate Thaicom Public Company Ltd. for breaching an agreement made last year to sell 41.14 percent of its shares, a deal that also includes a 51 percent stake in the Cambodian mobile ...

GMAC boycotts workshop on minimum wages

A would-be tripartite workshop intended to improve the garment sector’s minimum wage setting process closed Friday, with the industry’s most influential player, the Garment Manufacturers Association in Cambodia (GMAC), boycotting the talks at Phnom Penh Hotel. The two-day workshop would have been the first meeting between ...

Matt Blomberg
http://www.cambodiadaily.com/news/gmac-boycotts-workshop-on-minimum-wages-57430/

UN envoy expected to arrive in Cambodia for human rights assessment

United Nations envoy is expected to arrived in Cambodia today, a week after the deadly crackdown by government forces against protesting workers on Veng Sreng street, which left five people dead. This is the first visit of Surya P. Subedi, UN Special Rapporteur on human ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZGYzMjE1Y2E4NWI

Hun Sen Set to Weigh In on SL Garment Factory Dispute

Officials at the Ministry of Labor who mediated talks Wednesday between the management of SL Garment Factory and union leaders who have led a three-month-long strike at the factory said that they would send the results of the meeting to Prime Minister Hun Sen to ...

Khuon Narim and Colin Meyn
http://www.cambodiadaily.com/news/hun-sen-set-to-weigh-in-on%E2%80%88sl%E2%80%88garment%E2%80%88factory-dispute-46952/

Nicfec opts not to observe, citing fears of volunteers, election watchdog will not field monitors

NGO Nicfec on Wednesday joined fellow election watchdog Comfrel in deciding not to register poll observers with the National Election Committee (NEC) for July’s national elections, citing a lack of volunteers resulting from, they say, fear of being accused of being part of a colour ...

Mech Dara
https://www.phnompenhpost.com/national/nicfec-opts-not-observe-citing-fears-volunteers-election-watchdog-will-not-field-monitors

Deadlock over wage talks

The first round of a tripartite meeting to negotiate a new minimum wage for garment and footwear workers ended in a deadlock on Monday. Trade unions, employers, and the Ministry of Labour and Vocational Training officials tried to hammer out a new wage scheme for ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/deadlock-over-wage-talks

$110 million contributed toward demining

The government has contributed more than $110 million toward mine clearance operations, management of mine action institutions and through tax exemptions on demining equipment over the last 10 years. Ly Thuch, first vice president of Cambodian Mine Action and Victim Assistance Authority, yesterday disclosed this ...

Khy Sovuthy
https://www.khmertimeskh.com/50593878/110-million-contributed-toward-demining/

Garment workers to be reimbursed

The Ministry of Labour on Tuesday released the names of four factories whose workers will be compensated after their employers absconded owing back pay and severance. Labour Minister Ith Sam Heng said abandoned workers at Benoh Apparel, Yu Fa Garment industry, Great Honour Textile Factory ...

Yon Sineat and Daphne Chen
https://www.phnompenhpost.com/national/garment-workers-be-reimbursed

NEC pressed on election reforms

The Electoral Reform Alliance (ERA) will Lobby the National Election Committee (NEC) to adopt a regional declaration on free and fair elections that includes commitments to the right of citizens living abroad to vote and for the military to stay independent of the electoral process. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17992/nec-pressed-on-election-reforms/

China promises additional aid after ASEAN skirts sea dispute

China promised Cambodia funds for a variety of projects during a meeting between Prime Minister Hun Sen and Chinese Prime Minister Li Kequiang during this week’s Asean Summit in Vientiane, a minister attached to Mr. Hun Sen told reporters on Thursday night. ...

Khuon Narim
https://www.cambodiadaily.com/news/china-promises-additional-aid-asean-skirts-sea-dispute-117783/

India pledges $50,000 to ECCC

The government of India announced yesterday that it will give $50,000 to the ExtraordInary Chambers In the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...

Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/

GSP exemption pitched

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched

Arbitration body gets its second commercial case

The National Commercial Arbitration Centre (NCAC) has received its second case since becoming fully operational in early 2014 – and has a lot riding on resolving the commercial dispute, its president said yesterday. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/arbitration-body-gets-its-second-commercial-case

Payouts to mothers to ‘combat malnutrition’

In what may become yet another populist pledge, Prime MInister Hun Sen yesterday said he is considerIng givIng $50 to every woman who gives birth In Cambodia to decrease child mortality and tackle malnutrition of mothers. ...

Ben Sokhean
http://www.phnompenhpost.com/national/payouts-mothers-combat-malnutrition

PM orders arrest of lying politicians

Prime Minister Hun Sen has ordered authorities to arrest any politicians pledging to clear the debts of voters with micro-finance institutions (MFIs) and banks if their party wins the elections. ...

Taing Vida
http://www.khmertimeskh.com/news/35279/pm-orders-arrest-of-lying-politicians/

Soggy forecast for rice farmers

Extreme weather attributed to the tail-end of an El Niño event continues to wreak havoc on the nation’s agricultural sector, with more than 20,000 hectares of rice fields damaged so far this year, a government agricultural expert said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/soggy-forecast-rice-farmers

Agricultural NGO to Become a Cooperative

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it was undertaking measures to change its status from an NGO to a cooperative, a move that will ease the organization of donor money and push it to become more profit orientated ...

Gas Imports Grow to Nearly 1M Tons This Year

Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...

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