El Niño raises drought fears
Cambodia is looking at a delayed onset of the rainy season, with experts and government officials having raised concerns of a prolonged dry season affecting agricultural production, as the Pacific weather pattern El Niño threatens to bring drought-like conditions. Ngin Chhay, director of the Rice Department ...
Chan Muyhong
http://www.phnompenhpost.com/business/el-nino-raises-drought-fears
GMAC no fan of union law
The Garment Manufacturers Association of Cambodia says it will push for revisions made on the draft trade union law last week to be changed.During a meeting on July 28, the Ministry of Labour said it had revised a number of provisions in the law, which ...
Charles Rollet
http://www.phnompenhpost.com/national/gmac-no-fan-union-law
Clock ticking on city’s waste crisis: reports
The government could be forced to shell out more than $120 million [≈ Finance industry 2011 political donations] to build new landfills over the next decade unless it invests in preventing Phnom Penh’s current site from reaching capacity, according to a pair of new reports. ...
Shaun Turton
http://www.phnompenhpost.com/post-weekend/clock-ticking-citys-waste-crisis-reports
Curtain factory workers break windows during strike
More than 400 employees of a curtain factory in Svay Rieng province’s Bavet City were on strike for the eighth day Thursday over alleged labor abuses and unmet demands, a day after some of the workers lobbed rocks at the building, causing thousands of dollars ...
Huot Chanpav
https://www.cambodiadaily.com/news/curtain-factory-workers-break-windows-during-strike-92211/
Curtain factory workers break windows during strike
More than 400 employees of a curtain factory in Svay Rieng province’s Bavet City were on strike for the eighth day Thursday over alleged labor abuses and unmet demands, a day after some of the workers lobbed rocks at the building, causing thousands of dollars ...
Huot Chanpav
https://www.cambodiadaily.com/news/curtain-factory-workers-break-windows-during-strike-92211/
Tax revenues exceed 2019 projections
Sound macro-economic performance coupled with political stability resulted in the Kingdom collecting some $6 billion in tax last year, up more than $1.485 billion on the government’s target of $4.56 billion for the period. of the figure, $2.26 billion was collected by the General Department ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenues-exceed-2019-projections
NGO: Data shows ‘wholesale sell-off’
Cambodia should urgently disclose all information about land ownership and rethink its “wholesale sell-off” of the country’s natural resources, a local rights group said yesterday. The call to release information about Cambodia’s land sector, including a declaration of revenues, came as Licadho released an analysis of ...
Daniel Pye and Pech Sotheary
http://www.phnompenhpost.com/ngo-data-shows-wholesale-sell
Student workshop on potential mining sector
The Ministry of Mines and Energy said that the workshop called Petroleum Geological Potential Assessment was held by students from the faculty of mines and geology of the Institute of Technology of Cambodia on Tuesday, presided over by Secretary of State of the Ministry of ...
Khmer Times Staff
https://www.khmertimeskh.com/50760232/student-workshop-on-potential-mining-sector/
BAKC represents poor in nearly 5,000 cases
As of November, the Bar Association of the Kingdom of Cambodia (BAKC) has provided legal representation in nearly 5,000 cases for poor people at the Phnom Penh municipal and provincial courts, an increase of nearly 30 per cent compared to the same period last year. ...
Voun Dara
https://www.phnompenhpost.com/national/bakc-represents-poor-nearly-5000-cases
Economic co-op deal inked with Philippines
Cambodia and the Philippines have reaffirmed their commitment to boost bilateral trade and increase the volume of investment, to further enhance economic relations between the two ASEAN countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/economic-co-op-deal-inked-philippines
SERC signs MoU on FinTech rules
The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-signs-mou-fintech-rules
Cambodia GFT exports at $6.27 billion in 7 months
Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...
Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/
TR, ACLEDA join hands to boost human resources
The Trust Regulator (TR) and ACLEDA Institute of Business (AIB) on Friday signed the Memorandum of Understanding (MoU) to improve and develop human resources in the field of the trust sector across all learning institutions in Cambodia. ...
Nhean Chamrong
https://www.khmertimeskh.com/501346749/tr-acleda-join-hands-to-boost-human-resources/
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
Japan, Cambodia collaborate on human rights initiatives
Japan and Cambodia explored avenues for international cooperation in peacekeeping efforts, humanitarian assistance initiatives, and collaboration within the international arena at the 12th Cambodia-Japan Human Rights Dialogue meeting yesterday. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501351940/japan-cambodia-collaborate-on-human-rights-initiatives/
Vietnam actively joins cross-border payment connectivity effort
Cambodian media has reported on August 25 that the State Bank of Vietnam (SBV) has signed a Memorandum of Understanding (MoU) on cooperation in regional payment connectivity with the central banks of Indonesia, Malaysia, Philippines, Singapore and Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501349303/vietnam-actively-joins-cross-border-payment-connectivity-effort/
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july
MoU signed to strengthen Cambodia’s SME sector
The European Chamber of Commerce and Cambodia Women Entrepreneurs Association (CWEA) have united to promote a sustainable ecosystem for entrepreneurs and SMEs while also boosting Cambodia’s exposure as a foreign investment destination. ...
Mao Sreypich
https://kiripost.com/stories/mou-signed-to-strengthen-cambodias-sme-sector
Q1 Canada trade dips 22% despite March rebound
The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound
GDT, banks vow to step up tax payment efficiency
The finance ministry has to-date signed memorandums of understanding (MoU) with 10 banks to process tax-related payments to the General Department of Taxation (GDT), one of its subordinate units. ...
Van Socheata
https://www.phnompenhpost.com/business/gdt-banks-vow-step-tax-payment-efficiency