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Business credit guarantee plan remains in place

The finance ministry has authorised The extension of The Credit Guarantee Corporation of Cambodia Plc’s (CGCC) $200 million Business Recovery Guarantee Scheme (BRGS) beyond December 31, 2022, until all funds have been utilised, according to The CGCC. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-credit-guarantee-plan-remains-place

Kingdom plans flood relief spend

Cambodia plans to spend nearly US$200 million to rebuild after the worst floods in a decade hit the country in September and October. the floods require an immediate response, Minister of Economy and Finance Keat Chhon said yesterday at a meeting of the Council for the ...

http://www.phnompenhpost.com/index.php/2011111652772/Business/kingdom-plans-flood-relief-spend.html

Fight Illegal Logging From Top, World Bank Says

Echoing longstanding calls from conservation groups, the World Bank says in a new report today that governments need to look past low-level criminals to tackle illegal logging and to follow the money the illicit trade generates instead. That trade of illegal logging generates up to $15 ...

Workers ask for help after factory closed

About 1,000 workers and employees of the Victco Handbags Cambodia Industrial factory, an Adidas supplier before it abruptly suspended operations earlier this year, marched in Kampong Speu’s Samrong Tong district to the provincial hall yesterday morning to deliver a petition. ...

Mom Kunthear
http://www.khmertimeskh.com/news/25286/workers-ask-for-help-after-factory-closed/

Economist Says Asean Likely To Miss Key Deadlines for Integration

Southeast Asian countries are likely to miss a deadline for the economic integration of Asean in 2015, a leading economist says. Jayat Menon, an economist for the Asian Development Bank, told reporters in Phnom Penh Wednesday that Asean countries are behind on key targets for integration ...

Suy Heimkhemra
http://www.voacambodia.com/content/economist-says-asean-likely-to-miss-key-deadlines-for-integration-/1899474.html

ECCC, EBC sign MoU on KR trial edu content

The Extraordinary Chambers in The Courts of Cambodia (ECCC) has signed a Memorandum of Understanding (MoU) with Educational Broadcasting Cambodia (EBC) to produce content for a wide range of educational and outreach activities based on The trial process during The Khmer Rouge trials. ...

Hang Punreay
https://www.khmertimeskh.com/501379279/eccc-ebc-sign-mou-on-kr-trial-edu-content/

Despite election uncertainty, exports achieve solid growth

Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...

May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/

Cambodia keeps cool after coup in Thailand

As news broke yesterday evening that the Thai political situation had evolved from martial law to a full-blown coup d’etat, Cambodian government officials said they hoped the army’s takeover would be transitional and dismissed any concerns that tensions could rise on the Cambodia-Thailand border. ”We wish ...

Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/cambodia-keeps-cool-after-coup-thailand

Million-home dilemma

A soaring population and increased migration to urban areas will create demand for more than a million new homes by 2030, according to a draft national housing policy. Approved by the Council of Ministers on Friday after a series of revisions, the draft highlights the increasing ...

May Titthara
http://www.phnompenhpost.com/national/million-home-dilemma

KNLF members charged with inciting violence

The Phnom Penh Municipal Court on Saturday charged 10 members of The Khmer National Liberation Front (KNLF), a political advocacy group vehemently opposed to The ruling CPP, with plotting to incite violence following Their arrests last week. ...

Mech Dara
http://www.cambodiadaily.com/news/arrested-knlf-members-charged-with-inciting-violence-70995/

School for autistic students to vacate NBIC to make room for the disabled

The Ministry of Social Affairs, Veterans and Youth Rehabilitation has told The Rabbit School, a local NGO that educates autistic students, to move its operations from government-run National Borei for Infants and Children (NBIC) to a new premise, school director Hun Touch said. The ministry’s ...

Khorn Savi
https://www.phnompenhpost.com/national/school-autistic-students-vacate-nbic-make-room-disabled

Chevron offer ends Caltex station strike

Employees of Caltex petrol stations in Phnom Penh are returning to work today after management offered to raise salaries by $20 a month and not withhold pay for time missed during the strike, which started earlier this month. ...

Mom Kunthear
http://www.phnompenhpost.com/national/chevron-offer-ends-caltex-station-strike

Major banking houses deny relationship with GFX as ‘embezzled’ funds reach $27M

Allegations that GoldFX Co Ltd (GFX) board members embezzled what is now understood to be $27 million took a twist as financial houses said they had no relationship with the derivatives company. ...

Husain Haider
https://www.khmertimeskh.com/50840914/major-banking-houses-deny-relationship-with-gfx-as-embezzled-funds-reach-27m/

PM again hits at US as bomb removal planned

The Cambodian Mine Action Centre (CMAC) will begin removal next week of two chemical bombs found in Svay Rieng in January, as Prime Minister Hun Sen again took aim yesterday at The United States for allegedly not shouldering The burden of its war legacy. ...

Phak Seangly and Andrew Nachemson
http://www.phnompenhpost.com/national/pm-again-hits-us-bomb-removal-planned

Crash kills four staffers of NGO

Sok Samnang, the Takeo provincial police chief, said 14 Save the Children employees were returning to Phnom Penh in a private minibus from a child protection workshop in Kep province when the incident happened. ...

Kong Meta
https://www.phnompenhpost.com/national/crash-kills-four-staffers-ngo

Hun Sen tells King Buddhist Institute’s land not for sale

Government denials over the rumored development of the Buddhist Institute have reached the highest levels, with the prime minister penning a letter to the king to assure him the land is not for sale. In a letter addressed to King Norodom Sihamoni dated October 6 and ...

Khuon Narim
http://www.cambodiadaily.com/news/hun-sen-tells-king-buddhist-institutes-land-not-for-sale-69609/

Cambodia continues to see slow price increase

Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...

http://www.phnompenhpost.com/index.php/2012072657634/Business/cambodia-continues-to-see-slow-price-increase.html

Ministry of Labor knights Australian industrial commissioner

The Arbitration Council says The Ministry of Labor has knighted an Australian industrial commissioner for his long period of work as an honorary advisor to The council. In a statement posted on its website Friday, The council said Labour and Vocational Training Minister Ith Samheng awarded ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=OTZiMjJhNTM1NzQ

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