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Ministry tells Banlung governor to undo market swap

The government yesterday ordered the governor of Banlung town in Ratanakkiri province to return the concession granting control of Banlung market back to its original holder after he tried to switch managers without the government’s permission. ...

Sen David
http://www.phnompenhpost.com/national/ministry-tells-banlung-governor-undo-market-swap

NBC reveals interbank fund payment service

The National Bank of Cambodia will launch a new payment system to increase inter bank activity in a move to shore up confidence in the Kingdom’s rapidly expanding banking sector, it said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/nbc-reveals-interbank-fund-payment-service

Drink a beer to save the planet

As a way to possibly boost funding for environmental protection in the Kingdom, Prime Minister Hun Sen yesterday floated the idea of an extra tax on cigarettes and alcohol. Speaking at a forum on the protection and conservation of natural resources in Phnom Penh, the prime ...

Chea Vannak
http://www.khmertimeskh.com/news/28792/drink-a-beer-to-save-the-planet/

Gov’t pledges to step up land titling pace

The government yesterday vowed to finish distributing all land titles currently under consideration by 2020.In a speech, Im Chhun Lim, the minister of Land Management, Urban Planning and Construction, said the government was committed to improving land security in Cambodia in its bid to address ...

Sen David
http://www.phnompenhpost.com/national/govt-pledges-step-land-titling-pace

Agriculture scholarships to help nurture local talent

A new agriculture scholarship and research grant were launched yesterday with the aim of nurturing local expertise by providing students opportunities to pursue graduate degrees and conduct research. ...

Chea Vannak
http://www.khmertimeskh.com/5086816/agriculture-scholarships-help-nurture-local-talent/

Bonds starting to take shape

The Cambodian government is finalising legislation that would regulate the establishment of a corporate bond market, and plans to find a suitable private sector company to pilot the first issuance, officials said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/bonds-starting-take-shape

Brokers trading without licences

The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...

Kali Kotoski
http://www.phnompenhpost.com/business/brokers-trading-without-licences

Garment exports to slow

Cambodia’s garment and footwear exports will likely see a slower percentage of growth this year at around 5 percent, compared with 7 percent in 2016, a trend that industry insiders dismissed as not being indicative of an overall decline or linked to the current political ...

Hor Kimsay and Robin Spiess
http://www.phnompenhpost.com/business/garment-exports-slow

Cambodia's construction sector attracts 1.53 bln USD investment in 8 months

Cambodia’s construction sector has attracted the investment of 1.53 billion U.S. dollars in the first eight months of 2012, a 74 percent rise compared with 881 million U.S. dollars at the same period last year, a report from the Ministry of Land Management, Urban Planning ...

http://news.xinhuanet.com/english/business/2012-09/17/c_131855799.htm

CSX wants more trading sessions

The Cambodia Securities Exchange (CSX) has requested adding four trading sessions to its two current sessions in the hopes of increasing trade volumes.  The request, if approved by the Securities and Exchange Commission of Cambodia, could see new sessions added within a month. . ...

http:///www.etmcambodia.com

Cambodia to get more energy from Thailand

Thailand has committed to supplying additional energy to provinces on the Thai-Cambodia border, an official says. Tun Lean, director of the General Energy Department at the Ministry of Industry, Mines and Energy, said on Monday its Thai counterpart would supply an additional 40 megawatts of energy. For ...

http://www.phnompenhpost.com/index.php/2012101059212/Business/cambodia-to-get-more-energy-from-thailand.html

A Hard Road To Phnom Penh For Marching Monks

Monks and their supporters marching to Phnom Penh on a 10-day “Peace Walk,” as part of International Human Rights Day, said Wednesday that pagodas along the way have repeatedly tried to shut them out, and they have scuffled with police on at least one occasion. About ...

Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/a-hard-road-to-phnom-penh-for-marching-monks-48600/

Protest against new wage of $95 is illegal: Labor Ministry

The Ministry of Labor and Vocational Training on Wednesday said that any activities made by the unions against the minimum wage of $95, agreed upon by the Labor Council, are against the law. After the wage talks yesterday, the Labor Council agreed to raise ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2RjMDY1MWE5NTl

ILO, Camfeba outline ways to improve investment climate

The International Labor Organization said it would launch on Wednesday two reports outlining ways to improve the investment climate in Cambodia. The first report, by the ILO, analyses Cambodia’s performance in 17 areas and contains a national survey of workers and employers. Key areas include ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzJiMjE2YzkzYTA

Details murky in Environment Ministry Phnom Penh land swap

In 2011, the Environment Ministry entered into a deal with the Ratana Cooperation and Construction company to swap its valuable 2,400-square-meter location on Sihanouk Boulevard in Phnom Penh’s Tonle Bassac commune for a 9,000-square-meter plot of land and a new headquarters 20 km away in ...

Khy Sovuthy
http://www.cambodiadaily.com/news/details-murky-in-environment-ministry-phnom-penh-land-swap-53323/

Safe water lowers absenteeism

Reducing absenteeism in schools in developing countries may be as simple as providing students with safe drinking water. A new study indicates that, but researchers are not sure why. The study was done at eight schools in Cambodia where the attendance records of more than 3,500 ...

Joe Decapua
http://www.voacambodia.com/content/water-absenteeism-18mar14/1874739.html

Caltex strike deal doesn’t hold up

After Caltex managers allegedly reneged on an agreement to pay workers a $20 bonus to suspend a strike for two months, employees say they would only return if the deal is in writing. In a Friday meeting, the Cambodian Food and Service Workers Federation agreed with ...

Phak Seangly and Sean Teehan
http://www.phnompenhpost.com/national/caltex-strike-deal-doesn%E2%80%99t-hold

Cyclo drivers struggle as demand dwindles

When Men Chan started out as a cyclo driver in Phnom Penh in 1966, his services were in demand and his salary was modest but adequate. Now—like most of his colleagues across the city—the 71-year-old is struggling to make ends meet as his income stagnates and ...

Kang Sothear and Holly Robertson
http://www.cambodiadaily.com/news/cyclo-drivers-struggle-as-demand-dwindles-62948/

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