S Korean farming industry slammed
Long considered the friendlier and less exploitative option for overseas Cambodian migrants, South Korea is now being slammed by Amnesty International for a number of abuses afflicting its migrant-dominated agriculture sector. The 20,000 foreign workers fuelling South Korea’s farming industry regularly encounter intimidation, violence, excessive working ...
Laignee Barron
http://phnompenhpost.com/national/s-korean-farming-industry-slammed
Toll Royal derails regional projects
The unclear future of Cambodia’s national railway, following Toll Royal Railways’ suspension of operations on March 31, has cast doubt not only on the oft-delayed redevelopment project but also on a larger build-out expected to connect much of Asia. Toll Royal, a joint venture by Australian ...
Finance sector in good shape: NBC
The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. At the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...
Sok Chan
https://www.khmertimeskh.com/50742892/finance-sector-in-good-shape-nbc/
Government dips into its reserves
The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...
Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/
ASEAN-Hong Kong FTA set for Feb 12
The part in relation to Cambodia under the ASEAN-Hong Kong free trade agreement (FTA) and Investment Agreement (IA) is set to take effect on February 12, according to Hong Kong’s Trade and Industry Department. The Kingdom will be last country in which the two agreements ...
Thou Vireak
https://www.phnompenhpost.com/business/asean-hong-kong-fta-set-feb-12
Cambodia set to have trade, labour courts by end of 2021
Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the ...
Niem Chheng
https://www.phnompenhpost.com/national/cambodia-set-have-trade-labour-courts-end-2021
New business activity ongoing despite Coronavirus challenges
Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...
Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/
Cambodia’s apparel exports up 16.56 pct to $8.366 bn in Jan-Nov 2022
Cambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under ...
Khmer Times Staff
https://www.khmertimeskh.com/501203010/cambodias-apparel-exports-up-16-56-pct-to-8-366-bn-in-jan-nov-2022/
Cambodia continues selling US dollars to stabilise exchange rates
The National Bank of Cambodia (NBC) announced on September 19 that it will continue holding two auctions of US dollars (each worth 10 million USD) on September 20 and 22, to ensure exchange rate stability, maintain the purchasing power of the Cambodian riel, and support ...
Khmer Times Staff
https://www.khmertimeskh.com/501363489/cambodia-continues-selling-us-dollars-to-stabilise-exchange-rates/
FTA benefits debated at nat’l forum
More than 50 government, civil society organizations (CSOs), unions and private sector officials met at an October 20 forum to discuss the benefits and challenges in the agricultural sector related to free trade agreements (FTA). ...
Long Kimmarita
https://www.phnompenhpost.com/national/fta-benefits-debated-natl-forum
Int’l footwear sales pick up pace in May: GDCE figures
The Kingdom exported “footwear, gaiters and the like; parts of such articles” to the tune of $558.542 million in the first five months of 2023, down 20.44 per cent year-on-year from $702.060 million and down 23.11 per cent half-on-half (compared to July-November 2022) from $726.4 ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-footwear-sales-pick-pace-may-gdce-figures
Protected forest ‘is finished’
In the latest government backed appropriation of protected land, nearly 20,000 hectares of the Boeung Per wildlife sanctuary have been reclassified as state private land for agro-industrial development. Two sub-decrees, obtained by The Post this week and initialed by Prime Minister Hun Sen on July ...
11 Cambodian Loggers Killed In Two Months
The deaths of four more Cambodian over the past two weeks brings to 11 the number of people killed by Thai soldiers so far this year while illegally logging across the border. The death toll is fast approaching the 15 Cambodians killed in the entirety ...
Japanese Ambassador Airs Concerns Over SEZ Shooting
Japanese Ambassador Masafumi Kuroki yesterday said he hoped the government arrests the gunman behind the Feb. 20 triple shooting of protesting workers in Svay Rieng province, and that safety must be ensured for investors in the special economic zone (SEZ) where the incident took place. ...
Advocates voice concerns ahead of ecotourism conference
As the Tourism Ministry prepares to host the World Ecotourism Conference in Sihanoukville on Monday, ecotourism operators in three provinces said they were worried that the government’s development practices would undermine the very concept the conference is promoting. According to Tith Chanda, director general of the ...
NGOs Urge Cambodia, Malaysia to Agree on Maid Protection
More than 60 Cambodian and international human rights groups and trade unions yesterday called on Cambodia and Malaysia to reach a bilateral agreement that would guarantee strong labor rights and working conditions for Cambodian maids employed in Malaysia. “The time is ripe for the Cambodian ...
Mystery Surrounds SEZ Triple Shooting Case
Confusion continued to swirl around the fate of Bavet city Governor Chhuk Bundith yesterday after the Interior Ministry last week identified him as the sole suspect in the Feb. 20 triple shooting of protesters at a special economic zone (SEZ). While human rights groups claimed yesterday ...
Hello staff contracts 'breached'
Almost 100 members of the sales and service staff of mobile phone provider Hellopoint are awaiting a meeting with the Ministry of Labour after submitting a complaint last month claiming that a policy introduced in July amounted to a breach of their employment contracts. According to ...
Donors Criticize Sonando Sentence
Three of the Cambodia’s most important donors have now condemned the 20-year jail term handed down to independent radio station owner Mam Sonando for alleged insurrection activities-a verdict branded as politically motivated by many local and international human rights groups. Despite the tough words from the normally very ...
Window closing on AHRD: NGOs
Time is running out to rid the proposed ASEAN Human Rights Declaration of clauses that would restrict peoples’ rights rather than protect and enhance them, civil society groups said yesterday. Nay Vanda, deputy head of the monitoring section of rights group Adhoc, said civil society groups needed more ...