Cambodian banks see 9.3 pct lending growth in 1st half of 2014: central bank
Cambodia’s banking sector has reported a 9.3-percent increase in lending in the first six months of the year, according to the figures from the National Bank of Cambodia (NBC) on Sunday. The figures showed that the kingdom’s 35 commercial banks had lent a total of 8.09 ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140803/cambodian-banks-see-93-pct-lending-growth-1st-half-2014-cent
Cambodia's trade with ASEAN hit US$4.16 Billion last year
Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495
Scot honoured for clearing landmines
A SCOTTISH man has become a Knight in the Kingdom of Cambodia for his services to landmine clearance in the country. ...
Herald Scotland News Staff
http://www.heraldscotland.com/news/home-news/scot-honoured-for-clearing-landmines.23888303
Transparency boosting Cambodia factory improvements
Transparent reporting of garment factory compliance in Cambodia is continuing to help to improve conditions for workers, according to a new report. In its third online transparency report, the International Labor Organization (ILO’s) Better Factories Cambodia (BFC) programme said two of the 13 factories in the Low Compliance group had ...
Michelle Russell
http://www.just-style.com/news/transparency-boosting-cambodia-factory-improvements_id123308.aspx
Traffic accident provokers may face imprisonment: Traffic police
Drivers must be responsible for what they commit when they cause road accidents that lead to loss of lives; they not only face fine, but also imprisonment, said Pen Khon, deputy chief of Bureau of Land Traffic. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/traffic-accident-provokers-may-face-imprisonment:-traffic-police-7550
Prime Minister says test scores warning to students
Prime Minister Hun Sen on Monday said the pass rate of 25 percent in last month’s grade 12 national exam served as a warning that students could no longer pay their way through school and urged students who failed the exam to embrace their second ...
Khy Sovuthy
http://www.cambodiadaily.com/news/prime-minister-says-test-scores-warning-to-students-67414/
Protests to come after several unionists fired
Workers at a Phnom Penh garment factory yesterday said they will strike to protest the firing of five union members, while a management official defended the dismissals. More than 2,000 employees at Por Sen Chey district’s Cambo Kotop Ltd will join the protest after the Collective ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/protests-come-after-several-unionists-fired
Amid overcrowding, prison numbers rise
Prison overcrowding continues to be a major issue plaguing Cambodia, Ministry of Interior officials said on Monday, as they revealed a 3 per cent increase in population at correctional facilities and prisons nationwide. In 2014, the number of prisoners rose from 14,702 in 2013 to 15,165 ...
Pech Sotheary and Sarah Taguiam
http://www.phnompenhpost.com/amid-overcrowding-prison-numbers-rise
A million tourists gather for Angkor Sangkran
The number of tourists travelling during the three-day Khmer New Year festivities saw a dramatic increase this year, with the largest attraction – Angkor Sangkran in Siem Reap – hosting more than a million visitors last week. ...
May Kunmakara
http://www.phnompenhpost.com/business/million-tourists-gather-angkor-sangkran
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