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Plan for EU-ASEAN summit

Minister of Commerce Cham Prasidh on Wednesday, in a meeting with the European Chamber of Commerce in Cambodia, called on delegates to host an EU-ASEAN business summit next year, according to Eurocham members who were present. The summit is expected to focus on enhancing business strategies ...

http://www.phnompenhpost.com/index.php/2011101452125/Business/plan-for-eu-asean-summit.html

Law Students Told To Avoid Thesis Topics

Fourth-year students at Phnom Penh’s Royal University of Law and Economics (RULE) have been barred from writing their theses on 14 topics, including Cambodia’s new bourse, according to a letter posted online yesterday. The letter, signed by the university’s research department director Kong Saphon ...

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

Unions Want Government, Factories to Resume Wage Talks

The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...

Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/

2,500 workers in Bavet SEZ go on strike

More than 2,000 workers at three factories in Svay Rieng’s Bavet City went on strike Saturday, claiming their bosses owed them money. About 500 workers at the You Li factory, which makes baby clothes, went on strike Saturday because management refused to pay them for Thursday ...

Mech Dara
http://www.cambodiadaily.com/news/2500-workers-in-bavet-sez-go-on-strike-56762/

Tenants begin occupation of Phnom Penh’s ‘tower of glass’

Vattanac Capital Tower, a long-anticipated gleaming tower that dominates the city’s skyline from Monivong Boulevard, continues to attract tenants to its commercial office space. The most recent tenants to occupy the building are Qatar Airways and investment company One Asia Capital, with Qatar occupying 180 square ...

Post Staff
http://www.phnompenhpost.com/real-estate/tenants-begin-occupation-phnom-penh%E2%80%99s-%E2%80%98tower-glass%E2%80%99

E-Commerce Law goes ahead with WB funding

A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/e-commerce-law-goes-ahead-with-wb-funding-60518/

Interview: CICA summit in Shanghai vital to building regional peace, security, stability--Cambodian experts

he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-05/20/c_133348417.htm

Cambodian PM meets Vietnamese envoy, talks on South China Sea

Cambodian Prime Minister Hun Sen met with a Vietnamese premier’s special envoy here on Wednesday, discussing on South China Sea and ASEAN-China Comprehensive Strategic Partnership. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-06/25/c_133437710.htm

UN refugee agency slams Cambodia-Australia deal

The United Nations High Commissioner for Refugees has distanced itself from Australia’s still unsigned deal to transfer refugees from the Nauru refugee detention center for resettlement in Cambodia, one of Southeast Asia’s poorest nations. First raised in February, the cash-for-refugees deal is believed to be imminent. ...

Michael Sainsbury
http://www.ucanews.com/news/un-refugee-agency-slams-cambodia-australia-deal/71943

Most are OK with the new wage, not all

After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith Sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ...

Mom Kunthear
http://phnompenhpost.com/national/most-are-ok-new-wage-not-all

Bountiful work, but scant wages angers Cambodia

As night falls in Phonm Penh, thousands of weary workers stream from textile factories, reflecting the abundance of jobs created by the clothing industry’s desire for cheap labor. However, as the number of international clothes companies tapping into Cambodia’s workforce grows, so does anger at the ...

http://www.taipeitimes.com/News/biz/archives/2013/03/17/2003557254

Mfone to File Complaint Against Six Companies

Bankrupt mobile phone operator Mfone is planning to file a com­plaint with the Phnom Penh Muni­cipal Court against six tele­com­muni­ca­tions firms it says have failed to pay back more than $1 million in outstanding debt to the firm, the court administrator charged with overseeing Mfone’s ...

http://www.cambodiadaily.com/business/mfone-to-file-complaint-against-six-companies-34409/

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

PM Defends Interest Rates

Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...

http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html

Loans and deposits up 30%

Outstanding loans and deposits made at Cambodian banks grew by 32 per cent and 28 per cent respectively at the end of March this year from a year earlier, according to data from the National Bank of Cambodia (NBC). The data from the NBC that the ...

http://www.phnompenhpost.com/2013053065929/Business/loans-and-deposits-up-30.html

Poor governance at root of Cambodia’s education problems, expert says

Poor governance and uneven distribution of wealth to rural communities are both behind Cambodia’s poor record of girls’ education, an expert says. Despite the country’s high economic growth rate in recent years, few opportunities are available in rural areas, which leads to girls dropping out of ...

Men Kimseng
http://bit.ly/1OCjX9t

PM puts Comfrel on notice

Prime Minister Hun Sen yesterday threatened legal action against anyone who touted claims of irregularities in the voter lists during the 2013 election, telling reporters yesterday that if this year’s round of voter registration finishes and the final tally of voters compiled is similar to ...

Taing Vida
http://www.khmertimeskh.com/news/29280/pm-puts-comfrel-on-notice/

Firm's 'hostage' awaits justice

Heng Hak wore a blank expression yesterday, her hair recently dyed a shade of blonde. Though her appearance suggested composure, a lift of her pant leg revealed the manifestation of the trauma she tried to escape last year. In March 2011, Hak jumped from the third ...

http://www.phnompenhpost.com/index.php/2012083158412/National-news/firms-hostageawaits-justice.html

Garment sector peace sought

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun ...

http://www.phnompenhpost.com/index.php/2012043055870/National-news/garment-sector-peace-sought.html

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