Ministry of Economy to raise $6.8M through sovereign bond issuance
The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress
Kingdom raises $58 million from government bond issuance in 2023
The Royal Government of Cambodia has raised $58.26 million in funds through government bond issuance in 2023. As per current regulations, the country can raise bonds for up to $200 million. The current bond issuance takes up 29 percent of the limit. ...
Chea Vanyuth
https://www.khmertimeskh.com/501457942/kingdom-raises-58-million-from-government-bond-issuance-in-2023/
Flights to Arrive From China’s Yunnan Province
An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...
Cambodia vows to not harbor activisits
Cambodia never offered sanctuary for red-shirt members or those fleeing arrest in Thailand, Cambodian Defence Minister Tea Banh said Tuesday. Gen Tea Banh said Cambodian law does not allow any movement from other countries to hold political activities in the country. The whereabouts of red-shirt members ...
Wassana Nanuam
http://www.bangkokpost.com/news/politics/423079/cambodia-not-house-anti-coup-activists
Japan firms see fresh potential in Kingdom
A delegation of more than 30 Japanese businesspeople yesterday met with the Council for the Development of Cambodia to discuss investment opportunities in the Kingdom, after seeing what they said were vast improvements in domestic legal and tax regulations. However, no definite decisions had yet ...
CDC gives nod to $3.5B in projects
The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects
MoU signed with China
The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/29595/mou-signed-with-china/
Unions want meet with Minister to discuss Labor Law problems
While stakeholders have lauded the government’s move to establish a bond market, in a bid to raise more funds from domestic sources, they, however, expressed concern that not enough has been done to inform the public on how debt security can support government spending. ...
Mom Kunthear
http://www.khmertimeskh.com/news/35275/unions-want-meet-with-minister-to-discuss-labor-law-problems/
Government Must Work With Farmers to Combat Climate Change
Some 9.5 million Cambodians who directly engage in agriculture must adopt new techniques in order to counter dynamic weather patterns caused by climate change, and the government must work with farmers to ensure that it happens, an agricultural conference was told last week. Flown in from ...
Matt Blomberg and Khuon Narim
http://www.cambodiadaily.com/news/government-must-work-with-farmers-to-combat-climate-change-45678/
CNRP Requests Migrant Worker Draft Agreement
The opposition CNRP has written to the embassies of Singapore and Malaysia requesting copies of draft agreements with the Cambodian government on sending migrant workers to the countries that they say they were not privy to. A Ministry of Labor official last month said the government ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/cnrp-requests-migrant-worker-draft-agreement-48622/
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice
Cambodia's garment manufacturers calls on gov't to curb illegal strikes
The Garment Manufacturers Associations in Cambodia (GMAC) on Sunday urged the government to curb outlawed garment strikes that have occurred this week at Special Economic Zones in eastern Bavet City, which are expected to continue next week. “GMAC is disappointed that the government and local authorities ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/27/c_133293620.htm
Put trips to Bangkok on hold: gov’t
The government asked Cambodians to avoid all nonessential travel to Bangkok following Thailand’s imposition of martial law. “The situation is calm and we will continue monitoring it, but travellers planning to go to Thailand should hold off for now,” Information Minister Khieu Kanharith said after an ...
Cheang Sokha
http://www.phnompenhpost.com/national/put-trips-bangkok-hold-gov%E2%80%99t
After factory ignores ruling, garment workers to march
Employees of the Ocean Garment factory in Phnom Penh’s Pur Senchey district continued to protest Monday against management’s decision to ignore an Arbitration Council ruling on owed wages. Cheng Chhorn, secretary general of the Collective Union of Movement of Workers, said the workers will march to ...
Sek Odom
http://www.cambodiadaily.com/news/after-factory-ignores-ruling-garment-workers-to-march-64074/
Input on NGO law over: gov’t
The government will not consult civil society groups on the latest iteration of a draft law that will regulate non-governmental organisations and associations, a senior Interior Ministry official said yesterday. Meas Sarim, deputy director-general of the General Department of Local Administration at the Ministry of Interior ...
Chhay Channyda and Kevin Ponniah
http://www.phnompenhpost.com/national/input-ngo-law-over-gov%E2%80%99t
Authorities warn union leader
Police on Friday warned labour union leader Pav Sina that if he continues to lead protests – thereby violating the rules of a court order – he will be arrested. The Collective Union of Movement of Workers leader was called to the Choam Chao commune police ...
Mom Kunthear
http://phnompenhpost.com/national/authorities-warn-union-leader
Son of PM appointed as CMAC’s board member
Hun Manith, the son of Prime Minister Hun Sen, has been “promoted” as a board member and adviser of the Cambodian Mine Action Centre (CMAC) – a position equal to a cabinet minister. A royal decree, signed by the King on November 2 and obtained ...
Mech Dara
https://www.phnompenhpost.com/national/son-pm-appointed-cmacs-board-member
Information access law to be finalised next month
The Ministry of Information on Tuesday concluded the final revision by key ministries of the draft Law on Access to Information, without making any major amendments. It will be submitted to the Council of Ministers to be rubber-stamped by the end of September or beginning ...
Voun Dara
https://www.phnompenhpost.com/national/information-access-law-be-finalised-next-month
Government needs $620M to cope with climate: org
Cambodian ministries are currently facing a $620 million funding shortfall if they are to implement their climate change adaption action plans by 2018, according to figures announced by NGO Forum at a press conference yesterday. ...
Touch Sokha
http://www.phnompenhpost.com/national/government-needs-620m-cope-climate-org
Duong Sruoch Group denies clearing in wildlife sanctuary
A representative with Duong Sruoch Group in Preah Vihear yesterday denied allegations that that the company had been illegally clearing forest outside the boundaries of social land concessions it had been licensed to log. Duong Sruoch Group was specifically named in a directive issued Monday by ...
Phak Seangly
http://www.phnompenhpost.com/national/duong-sruoch-group-denies-clearing-wildlife-sanctuary