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Stock market to boost SMEs

Small and Medium Enterprises (SMEs) may soon be listed on the Cambodian stock exchange, following the signing of a memorandum of understanding (MoU) between the Federation of Associations for Small and Medium Enterprises (FASMEC) and the Securities and Exchange Commission of Cambodia (SECC) on Thursday. ...

Sok Chan
http://www.khmertimeskh.com/news/30295/stock-market-to-boost-smes/

Government denies rumours of national cryptocurrency

Government officials today shot down rumours that Cambodia would be issuing its own national cryptocurrency, despite international media coverage and a high-profile government official’s plan to attend an event organized by the company responsible for the claims. ...

Hor Kimsay and Robin Spiess
http://www.phnompenhpost.com/business/government-denies-rumours-national-cryptocurrency

New local products campaign

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) will launch its “Selling Cambodian Products” campaign throughout the country early next year to boost the sale of local products and reduce imports, the organization’s president said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/30667/new-local-products-campaign/

Cambodia's construction sector attracts 2.27 bln USD in 9 months

Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/31/c_132848042.htm

Hun Sen urges new Finance Minister to eliminate money under the table

Prime Minister Hun Sen on Thursday urged the Ministry of Economy and Finance to eliminate the practice of bribery or greasing the palm to facilitate development projects funded by the Ministry itself or the National Treasury. New Finance Minister, Oun Porn Monirath, successor of Keat Chhon, ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjQ2NTYwYTA4NTI#sthash.XqY6JrsS.dpuf

Strike justified, suppression not, experts say

Garment workers’ calls for a $160 minimum wage are justified and should be honored, a new report by an international team of academics and labor experts has found. The authors—including a team from the University of London’s School of Oriental and African Studies, South Korean and ...

Lauren Crothers
http://www.cambodiadaily.com/news/strike-justified-suppression-not-experts-say-53255/

Striking Caltex Workers Call on US for Support

A small group representing striking Caltex gas station workers delivered a petition to the US Embassy on Thursday, asking for help as they seek an increase in monthly wages. Hundreds of Caltex workers have been on strike since Monday, joining garment factory workers in calls for ...

Khoun Theara
http://www.voacambodia.com/content/striking-caltex-workers-call-on-us-for-support/1915202.html

Road fatalities in Cambodia rise to 1,170 in six months

The number of road fatalities in Cambodia has risen to 1,170 so far this year, up 11 percent compared to the same period last year, according to a latest report by the Interior Ministry’s Public Order Department on Wednesday. Some 2,600 cases of road accidents have ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140625/road-fatalities-cambodia-rise-1170-six-months

Cambodian king appoints new chief for customs and excise department

The Finance Ministry’s general department of customs and excise is getting a new boss after the long-serving general department chief Pen Siman retires, according to a royal decree released to the media Tuesday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/01/c_133686069.htm

‘SMEs have role’ in graft fight

Small- and medium-sized enterprises (SMEs) need to intensify self-regulatory efforts against corrupt practices to help foster a stronger business environment, NGO Transparency International (TI) Cambodia said yesterday. At a seminar in Phnom Penh, TI Cambodia executive director Preap Kol told business representatives that while government corruption ...

Chan Muyhong
http://www.phnompenhpost.com/business/%E2%80%98smes-have-role%E2%80%99-graft-fight

Protected wetlands urged

A new wetland protected area may be implemented in Battambang province following talks between scientists, Asian governments and conservation groups held in Siem Reap this week. The message seems to have been heard, at least by the Ministry of Environment, which yesterday said it would ...

Taing Vida
http://phnompenhpost.com/national/protected-wetlands-urged

Pyrotechnics pariahs for New Year festivities

Authorities have vowed to seize fireworks and punish anyone caught letting off explosives as Lunar New Year celebrations get under way today. The warning by the Phnom Penh municipality came as the Interior Ministry revealed plans to station more than 20 fire trucks around the city ...

Mom Kunthear
http://www.phnompenhpost.com/pyrotechnics-pariahs-new-year-festivities

Give disabled people their pensions: NGO

Advocates for the disabled yesterday criticised the slow implementation of Cambodia’s six-year-old disability law and urged the government to hasten the process by starting the distribution of the monthly $5 pension that people with disabilities were promised in 2011 through a separate sub-decree. ...

Pech Sotheary
http://www.phnompenhpost.com/national/give-disabled-people-their-pensions-ngo

Unions, bosses ink deal to end SL garment factory dispute

A year after violent clashes broke out between workers from the SL Garment Factory and gun-wielding security forces, leading to the shooting death of a bystander, representatives for workers and management at the factory signed off on a list of agreements this week to end the ...

Sek Odom
http://www.cambodiadaily.com/news/unions-bosses-ink-deal-to-end-sl-garment-factory-dispute-72685/

Telco regulator to launch

A regulator for Cambodia’s telecommunications industry is expected to launch next month with the hopes of putting in order a sector that has seen little regulation during its short history. Industry insiders have called the move positive but many questioned the body’s ability to rein in ...

http://www.phnompenhpost.com/index.php/2012072757654/Business/telco-regulator-to-launch.html

Cambodia-US 8-month trade slips 5%

Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5

PM to expand membership of the Supreme Consultative Council

Prime Minister Hun Manet has laid out his recommendations to expand the scope of membership for the Supreme Consultative Council (SCC) to ensure a vibrant and constructive environment. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501348697/pm-to-expand-membership-of-the-supreme-consultative-council/

MoU provides MSMEs with easier access to finance

Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ...

Footwear exports dip; sector shows signs of recovery

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery

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