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Garment sector minimum wage raised to $140

The government set the new monthly minimum wage for the country’s multibillion-dollar garment industry at $140 Thursday—up from $128—after months of tough negotiations that failed to bring employers and unions even close to a consensus. ...

Mech Dara
https://www.cambodiadaily.com/news/garment-sector-minimum-wage-raised-to-140-97018/

SECC signs deal for better governance

Cambodia’s securities regulator signed a memorandum of understanding with the International Finance Corporation (IFC) yesterday for technical assistance on corporate governance standards and practices in the Cambodian capital market. ...

Post Staff
http://www.phnompenhpost.com/business/secc-signs-deal-better-governance

Direct international flights from Sihanoukville

The national carrier, Cambodia Angkor Air, officially launched on Friday its scheduled flight services connecting Ho Chi Minh City in Vietnam to the Kingdom’s coastal resort in Sihanoukville, in a move that could further boost tourist arrivals. ...

May Kunmakara
http://www.khmertimeskh.com/news/26274/direct-international-flights-from-sihanoukville/

Health Ministry taking measures to counter Zika

The Ministry of Health is taking precautionary measures to prevent the transmission of Zika and is asking the public to do the same, as the virus has emerged in other Southeast Asian countries and could make a comeback in the Kingdom. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/health-ministry-taking-measures-counter-zika

Ministry tells interns in Japan to behave

Cambodian interns working in Japan on the Technical Intern Training Program (TITP) must not run away from their employer or seek work with a firm different to the one they are contracted with, the Ministry of Labor and Vocational Training said in a statement last ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/29372/ministry-tells-interns--in-japan-to-behave/

E-commerce law to debut by end of year

The draft law on e-commerce is set to be completed and enacted by the end of this year, ahead of the launch of the Asean Economic Community (AEC), which begins at the end of the year, commerce officials said yesterday.    ...

Sok Chan
http://www.khmertimeskh.com/news/16571/e-commerce-law-to-debut-by-end-of-year/

Training program boosts electronics skills

A three-year vocational training project aimed at creating employment opportunities in the electronics industry while eliminating electronics waste, or e-waste, wrapped up yesterday, with its organisers calling for more funding in order to continue its training component. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/training-program-boosts-electronics-skills

Accused British fraudster thrown out of court

A British businessman jailed for more than 2 1/2 years without conviction was removed from the Phnom Penh Municipal Court on the first day of his trial Wednesday after accusing the court of gross malpractice and threatening to walk out himself. ...

Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/accused-british-fraudster-thrown-out-of-court-95282/

Mekong dams could halve fish stocks: study

Fish stocks in the Mekong River in Cambodia and the Vietnamese Delta could be halved if 11 planned hydropower dams go ahead, according to the preliminary results of an extensive study funded by the Vietnamese government. ...

James Reddick
http://www.khmertimeskh.com/news/17027/mekong-dams-could-halve-fish-stocks--study/

World tiger numbers rise for first time in 100 years

The number of tigers in the wild has risen for the first time in 100 years, marking a major turning point in the big cat’s plight against poaching and habitat loss. Figures collated from national surveys conducted in tiger range states and from the International Union ...

Ians
http://www.business-standard.com/article/news-ians/world-tiger-numbers-rise-for-first-time-in-100-years-116041100621_1.html

Phnom Penh school has terrorist ties, Diplomat says

Turkey’s ambassador to Cambodia alleged on Monday that a top international school in Phnom Penh is overseen by the “terrorist organization” behind last week’s thwarted coup in Turkey—prompting a threat of legal action by the school.   ...

Michael Dickison
https://www.cambodiadaily.com/news/phnom-penh-school-has-terrorist-ties-diplomat-says-115595/

Islamic Microfinance could save farmers from high interest rates

As businesses and banks prepare for the 11th World Islamic Economic Forum in Malaysia on November 3, some Islamic microfinance businesses are considering bringing interest-free loans to Cambodia. ...

Jonathan Cox
http://www.khmertimeskh.com/news/15591/islamic-microfinance-could-save-farmers-from-high-interest-rates/

Wages not cutting into exports

Despite industry concerns that a minimum wage increase to $128 earlier this year would hurt Cambodia’s garment exports, the garment and footwear sector – a mainstay of the economy – showed robust growth for the first half of 2015, netting around $3 billion, according to ...

Ananth Baliga
http://www.phnompenhpost.com/business/wages-not-cutting-exports

‘Cyber PM’ calls for swifter wi-fi at airports

Prime Minister Hun Sen, who has recently found an outlet for his charming side in cyber space, called for swifter wi-fi at Phnom Penh International Airport yesterday while inaugurating the expansion of its terminal. ...

Sok Chan
http://www.khmertimeskh.com/news/22878/---cyber-pm----calls-for-swifter-wi-fi-at-airports/

Airports checked before aviation audit

A lack of inspectors, human resources as well as holes in wire fences have been found at Cambodia’s three airports during checks ahead of a UN aviation audit in October, according to officials. ...

Chea Vannak
http://www.khmertimeskh.com/news/24663/airports-checked-before-aviation-audit/

GTI announces 2015 dividend payout

Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...

Post Staff
http://www.phnompenhpost.com/business/gti-announces-2015-dividend-payout

Garment, footwear exports on the rise

The total value of exports from the Kingdom’s garment and footwear industry increased sharply this first quarter by 39.1 percent to some $2 billion compared to about $1.5 billion in the same period last year, according to figures released by the Ministry of Commerce. ...

Sok Chan
http://www.khmertimeskh.com/news/26220/garment--footwear-exports-on-the-rise/

$100 million freshwater aquarium planned

A $100 million freshwater aquarium, part of which will be a research and breeding center, is being planned for Phnom Penh.​ The project, revealed in a meeting between Prime Minister Hun Sen and a visiting Japanese delegation from the Japan-Cambodia Association on Friday, will be funded ...

Cambodia-Vietnam expressway

Cambodia and Vietnam are pushing forward with plan to develop an expressway between Phnom Penh and Ho Chi Minh City, according to the Ministry of Public Works and Transportation. ...

Chea Vannak
http://www.khmertimeskh.com/news/37805/cambodia-vietnam-expressway/

Fishing industry traffickers get long jail terms

Three men have been sentenced to between eight and nine years in prison for trafficking Cambodian workers into the Thai fishing industry. Anti-trafficking police said the case came to light after the government repatriated approximately 230 Cambodian men in June 2015, many of whom were severely ...

Sen David
http://www.khmertimeskh.com/news/38562/fishing-industry-traffickers-get-long-jail-terms/

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