In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...

Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...

Cambodian and Chinese senior military officials on Monday vowed to deepen bilateral ties and cooperation for mutual benefits. The commitment was made during a meeting between Gen. Pol Saroeun, commander-in-chief of the Royal Cambodian Armed Forces ( RCAF), and Sun Jianguo, deputy chief of general staff ...

Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

Cambodia’s health sector is evolving thanks in part to improved human resources and the emergence of HealthTech. Kiripost speaks to medical experts who are using technology in the form of electronic medical records to improve services nationwide. ...

The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...

The scale of progress in the Kingdom’s digital infrastructure has played a critical role in boosting the country’s growth potentials, senior telecom executives told a visiting delegation of Singapore Business Federation (SBF) on Thursday as they visited Huawei Cambodia office at Exchange Square. ...

Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

The Ministry of Education is drafting two sub-decrees on private educational institutions aimed at improving regulation of the nation’s vast body of private schools. The sub-decree on Organization and Management of Private Schools and sub-decree on Categorization of Private Schools have been sent to a range ...

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

An innovative digital platform for the government is being developed to promote the sustainable production and consumption of charcoal. It’s the work of the United Nations Development Programme (UNDP), which partnered with the Group for Environment, Renewable Energies and Solidarity (Geres), the Regional Community Forestry ...

Step by step, Cambodia and Thailand are edging towards nuclear power generation as the region hunts for vast, stable power sources to fuel rapid development and improve the livelihoods of growing populations. ...

Cambodia and France have reached an agreement on Science and Technology Cooperation under the framework of Hubert Currien “Tonle Sap” Partnerships. ...

A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops destroyed by the company in January. Negotiations are also under way with the one family ...

On March 25, China and Cambodia inked a memorandum of understanding (MoU) on cooperation in science and technology. The MoU, valid for 3 years, will see the Chinese side train Cambodian officials in science, technology and innovation. ...

The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...

Cambodia’s agricultural sector must improve post-harvest processing to increase the value of its products, while increased knowledge sharing could help farmers better understand the different value chains and identify opportunities, agricultural experts participating in the Grow Asia Forum said yesterday. ...

In a bid to promote digital innovation and the creation of a green economy, the 4th ASEAN Consumer Protection Conference (ACPC) was held in Phnom Penh on Monday, providing a vital platform for regional stakeholders to discuss consumer protection and innovation. ...