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90 Garment Factory Workers Faint Over Two-Day Period

About 90 garment factory workers fainted over a two-day period last week at Zhen Tai garment factory in Sen Sok district’s Phnom Penh Thmei commune, union officials and police said yesterday, though accounts of what caused the mass fainting differed. Thirty workers first fainted on ...

U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees

PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...

http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm

Economists See Growth Potential in Stock Exchange

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...

http://www.voanews.com/khmer-english/news/economy-business/Economists-See-Growth-Potential-in-Stock-Exchange-126703268.html

Staff Protest Corruption at Telecom Cambodia

The director-general of Tele­com Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...

http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/

Anti-Eviction Protesters Continue to Rally Outside US Embassy

Insisting on a response from American authorities, more than 100 eviction protestors from Phnom Penh continued to rally outside the U.S. Embassy yesterday and resubmitted a petition asking for President Barack Obama to address their land rights when he visits the country next week. Since confirmation ...

http://www.cambodiadaily.com

Hun Sen to Hold Bilateral Talks With Obama During Summit

Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...

http://www.cambodiadaily.com

Regional Comprehensive Economic Partnership to create huge market

Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...

http://www.phnompenhpost.com/index.php/2012112259887/Business/regional-comprehensive-economic-partnership-to-create-huge-market.html

Korea trade nears $1 billion

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

http://www.phnompenhpost.com/business/korea-trade-nears-1-billion

Kingdom to reach rice target

Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...

http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html

PM Defends Interest Rates

Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...

http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html

US Taxman Provides Investigation Training

The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/

Kampot’s famous pepper goes global

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global

Civil society organizations believe that state land should be reclaimed after demolition of fence on Ochheuteal beach

Civil society organizations call on government to revoke land title legalized as legal entities on more than 8,000 square meters that is considered as a violation on the law and detrimental to the beauty of the coastal area. ...

Morm Moniroth
https://www.vodkhmer.news/2023/02/09/cso-seeing-that-the-goverment-should-take-back-on-state-land-to-control-in-hand/

State fund gives maternity support

Over the past three years, the National Social Security Fund (NSSF) has provided more than 87 billion riel in childbirth subsidies to 210,000 women across the country, according to Heng Sophannarith, director of NSSF’s policy division. ...

Nov Sivutha
https://www.phnompenhpost.com/national/state-fund-gives-maternity-support

Encroachers vacate state land in Oddar Meanchey

With potential action by law enforcement officers and the possibility of court cases looming, a family in Pongro commune of Oddar Meanchey province’s Chongkal district has returned more than 16ha of land they had illegally occupied to the state. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/encroachers-vacate-state-land-oddar-meanchey

Ex-VOD workers offered civil state employment

Prime Minister Hun Sen has announced that roles within the state framework will be made available for any former employees of online media outlet VOD who wish to engage in public affairs. ...

Ry Sochan
https://www.phnompenhpost.com/national/ex-vod-workers-offered-civil-state-employment

Strong Rains Hasten Rice Planting Across Country

Good rains have boosted rice cultivation across the country, and nearly 90 percent of farmers have completed planting their paddies, although planting in Svay Rieng province is lagging due to drought, and agriculture official said yesterday. Chan Heng, administration bureau chief of the Agriculture Ministry’s administration ...

http://www.camnet.com.kh/cambodia.daily/

Government targets unsafe trucks on national roads

Just 6 percent of 12,006 commercial freight vehicles passed recent road safety inspections, while an estimated 70 percent of car drivers bought their driving licenses illegally from private driving schools, a meeting at the Ministry of Public Works and Transportation was told yesterday. Many of the ...

http://www.cambodiadaily.com/

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