The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts
Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...
Judicial reform pledged by PM
The Cambodian government has privately pledged that it will pass the long-awaited “three fundamental laws” aimed at reforming the judiciary during the first session of parliament in early 2014, UN rights envoy Surya Subedi said. The laws – which focus on codifying the court’s jurisdiction, laying ...
Kevin Ponniah
http://www.phnompenhpost.com/national/judicial-reform-pledged-pm
Flood death toll in Cambodia rises to 20
PHNOM PENH, Sept. 26 (Xinhua) — Floods have killed at least 20 Cambodian people, including 11 children in the last two weeks, a disaster control official said Thursday. Keo Vy, chief of the Cabinet of the National Committee for Disaster Management (NCDM), said nearly 5,000 families ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-09/26/c_132752960.htm
Activists Demand Interior Ministry Lead Wat Phnom Attack Probe
Dozens of anti-eviction activists on Monday held a rally in Phnom Penh and submitted a petition to the Ministry of Interior, demanding the arrests of Daun Penh district officials they claim conspired to viciously attack them during a peaceful protest at Wat Phnom last month. On ...
Khuon Narim
http://www.cambodiadaily.com/news/activists-demand-interior-ministry-lead-wat-phnom-attack-probe-45111/
Withdrawals top hundreds of millions
More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first ...
Daniel de Carteret
http://www.phnompenhpost.com/business/withdrawals-top-hundreds-millions
At Preah Vihear, tourists undeterred
Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...
Stuart White and May Titthara
http://www.phnompenhpost.com/business/preah-vihear-tourists-undeterred
Cambodia’s high court drops case against men wrongly jailed for 2004 murder of labor activist
Cambodia’s Supreme Court ordered the release of two men Wednesday who were wrongly convicted and jailed for the 2004 murder of a prominent opposition activist. The court’s decision to drop all charges came amid renewed calls to free the men, whom leading international rights groups have ...
The Washington Post News Staff
http://www.washingtonpost.com/world/asia_pacific/cambodias-high-court-drops-case-against-men-wrongly-jailed-for-2004-murder-of-labor-activist/2013/09/25/2170fc90-25c2-11e3-9372-92606241ae9c_story.html
Sar Kheng Says ‘Change’ Needs to Go Beyond New Names
Officiating a ceremony on Friday to welcome the country’s new minister Of post and telecommunications, Interior Minister Sar Kheng reminded the audience Of government Officials that the public expects change—as was demonstrated in their election support for the Cambodia National Rescue Party (CNRP). Mr. Kheng, who ...
Khy Sovuthy
http://www.cambodiadaily.com/news/sar-kheng-says-change-needs-to-go-beyond-new-names-43848/
Thailand agrees to withdraw its troops
Cambodian and Thai military officials met yesterday morning to discuss the implementation of the International Court of Justice’s ruling on Preah Vihear, with both sides pledging to keep the peace and the Thais agreeing to withdraw to the new line of demarcation. Monday’s judgment declared that ...
May Titthara and Stuart White
http://www.phnompenhpost.com/national/thailand-agrees-withdraw-its-troops
Cambodia's trade with China up 31 pct in 9 months
The bilateral trade volume between Cambodia and China rose by 31 percent in the first nine months of the year thanks to closer ties between the two governments, Chinese Ambassador to Cambodia Bu Jianguo said Thursday. From January to September this year, the two-way trade volume ...
ECNS News Staff
http://www.ecns.cn/business/2013/11-15/88574.shtml
Cambodia attracts over 879,000 tourists from ASEAN region
For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said. The figure of tourist arrivals from ASEAN for the ...
The Southeast Asia Weekly Staff
http://www.thesoutheastasiaweekly.com/cambodia-attracts-over-879000-tourists-from-asean-region/
Cambodian, Chinese firms ink deals to jointly invest in agriculture
Two Cambodian companies on Monday signed Memorandums of Understanding (MoU) with Chinese companies to invest in the agricultural sector. One deal was inked between Chan Sothea, general director of Cambodia’s Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company. Under the agreement, the two ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/16/c_132972733.htm
Officials Breach Dam to Stop It From Bursting
Hundreds of families in Battambang province have been evacuated as authorities ordered a section of a dam to be cut away to release pressure on a reservoir that was threatening to burst and engulf the communities beneath it, as heavy rain continues to cause havoc ...
Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/officials-breach-dam-to-stop-it-from-bursting-44790/
Land-titling process ‘urgent’, Oxfam says
Accelerating the mapping and titling of rural farmland should be an “urgent” priority of the government and civil society, particularly when it comes to protecting indigenous peoples’ and women’s rights, Oxfam representatives said yesterday. The remarks followed the release of an EU-funded survey of rural communities’ ...
Daniel Pye
http://www.phnompenhpost.com/national/land-titling-process-%E2%80%98urgent%E2%80%99-oxfam-says
Next year fine for helmet penalties
Road-safety advocates will likely continue banging their heads against the walls as police in Cambodia wait until early next year to enforce a new traffic law relating to helmets. fines under a yet-to-be passed law will charge drivers and passengers $3.75, about five times the previous ...
Mom Kunthear
http://www.phnompenhpost.com/national/next-year-fine-helmet-penalties
Low awareness of AEC pact
The Asean Economic Community (AEC) will cut red tape and allow freer trade between the bloc’s 10 member states. But many companies in the region aren’t even aware of the AEC blueprint, a sobering report from the Asia Development Bank has found. The bank also ...
Eddie Morton
http://www.phnompenhpost.com/business/low-awareness-aec-pact
Cambodia's trade with Thailand hits 4.5 bln USD last year: minister
Trade between Cambodia and neighboring Thailand reached 4.5 billion U.S. dollars in 2013, up 12 percent from 4 billion U.S. dollars a year earlier, Cambodian Minister of Commerce Sun Chanthol said Thursday. of the amount, Cambodia’s export to Thailand was equivalent to 351 million U.S. dollars, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/06/c_133095545.htm
Ministry of Labor highlights triumphs in 2013 Annual Report
The Ministry of Labor and Vocational Training released its 2013 annual report Monday, trumpeting a list of nine achievements it had reached in line with its five-year plan for the fourth government mandate, which ended last year. Speaking to a crowd of about 100 officials ...
Matt Blomberg and Ben Sokhean
http://www.cambodiadaily.com/news/ministry-of-labor-highlights-triumphs-in-2013-annual-report-51872/
MTZ to supply $5.3m worth of tractor knock-down kits to Cambodia
Minsk Tractor Works (MTZ trademark) has signed a contract on the delivery of tractor knock-down kits worth $5,359.4 billion to Cambodia in 2014, BelTA learnt from the company. The construction of the assembly plant, Belarus Mekong, has been completed. The opening ceremony is slated for 26-28 ...
BelTA News Staff
http://news.belta.by/en/news/econom?id=742143
Cambodia garment sector has Asia's highest rate of unionization
Cambodia’s garment sector has the highest rate of unionization of any industry in Asia, Cambodia Federation of Employers and Business Associations Van Sou Leng said Tuesday. “Major efforts are needed to improve the quality of workplace relations,” Van said in a statement posted on the Camfeba ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDA0NmM5MWU5YjN