Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Marchers to flout ban on protests
Hundreds of civil society representatives, garment workers and community groups are expected to take to the streets this morning to deliver petitions to foreign embassies calling on the government to release the 23 people arrested during garment worker strikes earlier this month and find justice ...
Kevin Ponniah and Cheang Sokha
http://www.phnompenhpost.com/national/marchers-flout-ban-protests
RI offers weaponry, uniforms to Cambodia
President Joko “Jokowi” Widodo suggested on Tuesday that Cambodia procure weaponry and uniforms from Indonesia as part of cooperation between the two countries. ...
Jakarta Post News Staff
http://bit.ly/1OEG3Fk
Cambodia Offers Rice To Indonesia - Bernama
Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia ...
PM offers Myanmar a ‘win-win’
During the inauguration of a pagoda in Prey Veng on Friday, Prime Minister Hun Sen announced he will send several advisers to Myanmar to share lessons from his “Win-Win” policy, which he credits with ending Cambodia’s civil war. ...
Touch Sokha and Cristina Maza
http://www.phnompenhpost.com/national/pm-offers-myanmar-win-win
Worming a Way Into the Agriculture Sector
For 53-year-old farmer Ros Mao, it’s not just the early bird that catches the worm. The Takeo province farmer has raised millions of earthworms for eight years in Tram Trak district, selling the slimy red creatures and using the manure they create to grow his ...
Financial Institute of Cambodia prepares people for a career in the stock exchange
The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...
NBC warns against unlicensed deposit schemes
The National Bank of Cambodia issued a letter on Wednesday clarifying that only seven microfinance institutions (MFIs) are licensed to accept deposits from the public. The notification came after the central bank noticed several “rural credit operators” – institutions smaller than a typical MFI that ...
Hor Kimsay
https://www.phnompenhpost.com/business/nbc-warns-against-unlicensed-deposit-schemes
Two power plants get ministers council OK
The Cambodian government on Friday approved two power plant projects worth more than $1.3 billion in total in what authorities said was an effort to reduce the Kingdom’s dependence on imports. ...
Sorn Sarath
https://www.phnompenhpost.com/business/two-power-plants-get-ministers-council-ok
Parliament issues code of ethics
The National Assembly has produced its first code of ethics to ensure that all lawmakers work independently and humbly and uphold the country’s interest. Leng Peng Long, spokesman for the National Assembly, said yesterday said that the code of ethics approved earlier this month requires ...
Khy Sovuthy
https://www.khmertimeskh.com/50495412/parliament-issues-code-of-ethics/
Tax collection rises 66% in H1
The General Department of Taxation (GDT) collected more than $1.5 billion in tax revenue in the first six months of this year, up 66 per cent from the same period last year, according to a report released by the department on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/tax-collection-rises-66-h1
Tougher action needed against criminal foreigners, official says
A senior Interior Ministry official has urged police to take tough action against Chinese nationals committing crimes in the Kingdom. Speaking during a meeting with police officials yesterday, General Sok Phal, a secretary of state at the Ministry of Interior, said that immigration police had ...
Khuon Narim
https://www.khmertimeskh.com/50533289/tougher-action-needed-against-criminal-foreigners-official-says/
Cambodia telecom companies urged to pay overdue regulatory fees
The government has issued a new warning to telecommunications companies that have yet to deliver outstanding payments to the Kingdom’s ministries, giving regulators until the end of the month to settle their debts. ...
Hor Kimsay and Robin Spiess
https://www.phnompenhpost.com/business/cambodia-telecom-companies-urged-pay-overdue-regulatory-fees
Tourism industry unruffled by election – experts
Tourism officials and industry insiders say the upcoming election is not affecting the flow on tourists into the Kingdom. Kong Sophearak, director of the Statistics Department of the Ministry of Tourism, told Khmer Times that despite this month’s election and the ongoing political rallies throughout ...
May Kunmakara
https://www.khmertimeskh.com/50510282/tourism-industry-unruffled-by-election-experts/
China tips the scales away from the US in push for Cambodian influence
During what is the 60th year of bilateral ties between the two countries, China has ramped-up aid to Cambodia, pledging millions in military funding, infrastructure projects and election support. ...
Edouard Morton and Kinling Lo
https://www.scmp.com/news/asia/southeast-asia/article/2154701/china-tips-scales-away-us-push-cambodian-influence
Hun Sen: Kingdom always stays strong when aid cut
Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk Theatre Hall in Phnom Penh to commemorate ...
Niem Chheng
https://www.phnompenhpost.com/national/hun-sen-kingdom-always-stays-strong-when-aid-cut
Kampot ferry construction delayed
Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/kampot-ferry-construction-delayed
S’pore firm announces plans for local solar sector
Singapore-based Indochina Energy Partners is focusing on rooftop solar installations in three Southeast Asian nations, including Cambodia. According to a report by ScanAsia released Monday, IEP is working on rooftop photovoltaic panel installations in Vietnam, Myanmar and Cambodia. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50644868/spore-firm-announces-plans-for-local-solar-sector/
Exports of footwear and travel goods buoyed by tariff privileges
Cambodia’s footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP). ...
May Kunmakara
https://www.phnompenhpost.com/business/exports-footwear-and-travel-goods-buoyed-tariff-privileges