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Millers need greater access to credit: Govt

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...

http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html

Government Tells Unions to Agree on Minimum Wage Demands

The government on Monday re­quested that manufacturers look at raising the minimum wage for garment workers, but only after divided trade unions agree on what that wage should be. “After discussions, those present at the meeting agree in principle to discuss raising the minimum wage ...

http://www.cambodiadaily.com/business/government-tells-unions-to-agree-on-minimum-wage-demands-8193/

Cambodia launches green growth plan 2013-2030

Cambodia on Friday adopted the national policy and strategic plan for green growth 2013-2030, aiming at developing the economy with consideration for environmental and natural resources sustainability. It said the country has already adopted several legal instruments for the green growth implementation. Those included ...

http://news.xinhuanet.com/english/world/2013-03/01/c_132201617.htm

More capital for factories

The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...

http://www.phnompenhpost.com/2013031361912/Business/more-capital-for-plants.html

Labour orders issued by PM

Prime Minister Hun Sen yesterday issued extensive orders to unions, factories, workers and authorities to rid the garment industry of violent strikes, roadblocks and rights violations he says are threatening public order. “There have been many strikes and demonstrations at factories recently, and, in some cases, ...

http://www.phnompenhpost.com/2013032964789/National/labour-orders-issued-by-pm.html

British trade minister to visit Cambodia next week

British minister for trade and investment Lord Green would visit Cambodia next Monday in order to boost bilateral trade and investment ties, according to a media statement from the British Embassy to Cambodia on Wednesday. Mark Gooding, British Ambassador to Cambodia, said trade between UK ...

http://news.xinhuanet.com/english/world/2013-06/05/c_132433361.htm

Brunei inks deal to buy Cambodian jasmine rice

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm

Informal lending still thriving

The expanding banking sector and the spread of microfinance institutions (MFIs) in rural areas have failed to elbow informal, unlicensed money lending out of the market, industry experts say. Fast and easy access to money – as well as the fear of “losing face” by borrowing ...

http://www.phnompenhpost.com/2013070266598/Business/informal-lending-still-thriving.html

Cambodia: Bail refused for 21 workers and human rights defenders

The Cambodian government must immediately and unconditionally release the 21 garment workers and human rights defenders who have been detained since early January, FIDH and its member organizations Cambodian Human Rights and Development Association (ADHOC) and Cambodian League for the Promotion and Defense of Human ...

FIDH News Staff
http://www.fidh.org/en/asia/cambodia/14627-cambodia-bail-refused-for-21-workers-and-human-rights-defenders

Climate Change Affects on Livelihoods for Rural People

The Ministry of Environment, the Ministry of Economy and Finance and United Nations Development Program (UNDP) collaborated to launch the 2011 Cambodia Human Development Report (CHDR) on August 30th which identifies climate change as a threat to human development gains and a source of increasing ...

http://thesoutheastasiaweekly.com/

Siamese Rosewood Elevated to Protected Status

Siamese Rosewood, which is illegally logged and exported from Cambodia in large quantities, will be protected internally as a threatened species following a decision taken in Bangkok yesterday. A meeting of the 177 countries party to the Convention on International Trade in Endangered Species of Wild ...

http://www.cambodiadaily.com/

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Officials Consider Export Numbers Fishy

The Ministry of Commerce has released figures showing Cambodia’s export of fishery goods including fresh and dried fish products have decreased drastically in the first quarter of the year, though several government officials viewed the figures with scepticism. Cambodia exported 49.9 tonnes of fish products in ...

http://www.phnompenhpost.com/2013050365392/Business/officials-consider-export-numbers-fishy.html

Ministry, NGOs Meet Over Trafficking Report

Ministry of Interior officials held a closed-door meeting Monday with NGO representatives to contest Cambodia’s recent downgrade on the U.S. State Department’s Global Trafficking in Persons Report, which the ministry will discuss in a meeting with the U.S. Em­bassy this week. The annual report, released last ...

http://www.cambodiadaily.com/news/ministry-ngos-meet-over-trafficking-report-32932/

British PM's trade envoy to visit Cambodia to boost trade, investment ties

British Prime Minister’s Trade Envoy Lord Puttnam will visit Cambodia from March 4 to 7 to strengthen bilateral trade and investment relations, according to a press statement from the British Embassy here on Monday. During his visit, Lord Puttnam will call on Prime Minister Hun ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/euruope/2014-03/03/c_133157100.htm

Meas Muth’s neighbors: opinions never sought

With criticism mounting in recent months over the failure of police to carry out an arrest warrant for Khmer Rouge navy commander Meas Muth, the Interior Ministry has said that it needs to gauge public opinion before taking action. ...

George Wright and Khuon Narim
https://www.cambodiadaily.com/news/meas-muths-neighbors-opinions-never-sought-90904/

Requirements for the public offering of equity securities in Cambodia

Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...

Post Staff
https://www.phnompenhpost.com/banking-securities-business/requirements-public-offering-equity-securities-cambodia

Petroleum imports surge on economic growth

A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the ...

Cambodia well suited for solar, though use remains low

Cambodia has a high degree of solar radiation, making the country a good place for the renewable energy source, a report from the Asian Development Bank says. ...

Sun Sokhen
http://www.voacambodia.com/content/cambodia-well-suited-for-solar-though-use-remains-low/2927056.html

Whereabouts of Bavet governor still a mystery

Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...

http://www.phnompenhpost.com/index.php/2012030554855/National-news/whereabouts-of-bavet-governor-still-a-mystery.html

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