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Cambodia stands ready to ensure peace, prosperity and cooperation in Asia

Cambodia stands ready to ensure peace, prosperity and cooperation in Asia, said SOK Soken, Secretary of State at the Ministry of Foreign Affairs and International Cooperation (MFAIC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501053607/cambodia-stands-ready-to-ensure-peace-prosperity-and-cooperation-in-asia/

Firm Posts fall In Profits on Slot Machines

Entertainment Gaming Asia Inc. (EGA), a U.S.-listed Gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...

http://www.cambodiadaily.com

Cambodia: Is Adidas exploiting workers?

Am Phalla sits outside the factory gates of apparel maker Shen Zhou (Cambodia) Co. Ltd., sharing a lunch of rice, vegetables and fried fish with coworkers. She has been sewing clothes at Shen Zhou for a little less than a year, but is unaware that the ...

http://www.globalpost.com/dispatch/news/regions/asia-pacific/cambodia/120723/cambodia-factory-workers-minimum-wage-olympics

Fees too high: AirAsia CEO

While AirAsia, one of the world’s largest low-cost airline, is gearing toward an expansion in the region, the company’s chief executive said that serving Cambodia was expensive due to high airport fees. Airport charges are high and restrictive, as are over-flight fees, compared to other countries in ...

http://www.phnompenhpost.com/index.php/2012080957897/Business/cambodias-airports-too-pricey-for-airasia.html

Olympic Organizing Committee to Investigate Cambodian Factory

The London Organizing Committee for the Olympic Games (Locog) plans to investigate allegations that a Cambodian factory producing Olympic merchandise for Adidas is not paying workers a sustainable living wage, a spokesman for Locog said yesterday. The investigation is a response to an article published Saturday ...

ADB, Cambodia launch second Asia Women Leaders Program

The Asian Development Bank (ADB), in collaboration with the Ministry of Women’s Affairs, is holding a second Asia Women Leadership Program (AWLP) event starting today to help senior women government officials develop their potential to become future leaders. ...

The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51339-adb-cambodia-launch-second-asia-women-leaders-program

Kingdom’s auto importers cast a wary eye on gov’t tax decree

Importers can expect a substantial increase in the “specific tax” component of certain products, especially automobiles and auto spare parts, according to a sub-decree by the Customs and Excise Department released yesterday. ...

Ananth Baliga
http://www.phnompenhpost.com/business/kingdoms-auto-importers-cast-wary-eye-govt-tax-decree

ABA Bank gets brand revamp

Advanced Bank of Asia Limited (ABA Bank of Cambodia) officially unveiled a new logo yesterday, as it builds on its majority ownership by the National Bank of Canada.The National Bank of Canada integrated the ABA Bank as part of its group after becoming the major ...

Sok Chan
http://www.khmertimeskh.com/news/34741/aba-bank-gets-brand-revamp/

The rise of millennials and implications for Phnom Penh’s real estate sector

CBRE’s 2016 report ‘Asia Pacific Millennials: Shaping the Future of Real Estate’ sheds light on millennials thinking around the themes of work, live and play. We see many of the trends observed at a regional level as being applicable to Phnom Penh’s millennials, especially in ...

James Hodge
http://www.phnompenhpost.com/post-property/rise-millennials-and-implications-phnom-penhs-real-estate-sector

North Asia Resources to turn cassava into fuel

Hong Kong-listed firm North Asia Resources Holding Ltd announced yesterday that it has purchased 14,000 hectares of an economic land concession in Pursat province from Henan Tianguan Enterprise Group for $53.2 million.​ ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/north-asia-resources-turn-cassava-fuel

Water security still a priority

Cambodia has not yet attained full water security, the water resources minister said yesterday at an Asia-Pacific summit. ...

Mom Kunthear
http://www.khmertimeskh.com/5095364/water-security-still-priority/

Supply drives office rentals to highest in region

Demand for top-quality workspace in Phnom Penh is increasing, so much so that property firm Knight Frank has labelled the capital as the fastest-growing city for rented prime office space in the entire Asia Pacific region. The firm’s June 3 quarterly report, which marks the first ...

Annie Lee
http://www.phnompenhpost.com/business/supply-drives-office-rentals-highest-region

Poll shows wide support for heavily monitored exams

Most Cambodians support the Ministry of Education’s crusade to end corruption on the grade 12 national exam, results from a “snap poll” by the Asia Foundation showed yesterday. The survey polled 500 respondents, including 100 current high school students, and 96 per cent were overwhelmingly in ...

Laignee Barron
http://www.phnompenhpost.com/national/poll-shows-wide-support-heavily-monitored-exams

Chinese bank an opportunity for aid reform, Fulbright scholar says

China’s newly proposed, yet controversial, regional investment bank could be an opportunity for Cambodia to​ prove it can use foreign aid more effectively, a Cambodian Fulbright scholar says. ...

Sophat Soeung
http://bit.ly/1EFcuyk

77 countries, 34 leaders to attend Asia-Africa conference commemoration

The Foreign Ministry says 34 heads of states and heads of governments, as well as representatives from 77 countries have confirmed their attendance at the 60th anniversary of the Asia Africa Conference, set to be held in Jakarta and Bandung from April 19 to April ...

The Jakarta Post News Staff
http://www.thejakartapost.com/news/2015/04/16/77-countries-34-leaders-attend-asia-africa-conference-commemoration.html

Young Cambodians launch campaign to combat violence against women

About 400 young Cambodians and members of the armed forces have launched a campaign calling for an end to violence against women and girls in response to a brutal attack by a real estate tycoon on a former female TV presenter. ...

RFA Khmer News Staff
http://www.rfa.org/english/news/cambodia/young-cambodians-launch-campaign-to-combat-violence-against-women-07102015135041.html

Solar tuk-tuks rolling out soon

Star 8 Asia will launch its electric-powered tuk-tuk showroom on August 28, hoping for robust demand from the city’s drivers. ...

Igor Kossov and Va Sonyka
http://www.khmertimeskh.com/news/14288/solar-tuk-tuks-rolling-out-soon/

Parliaments need to continue promoting the culture of dialogue and values of peace

Héng Samrin, President of the Cambodian National Assembly and Co-President of 11th Asia-Europe Parliamentary Partnership Meeting (ASEP 11), said that continued promotion of the culture of dialogue and values of peace between Asia and Europe parliaments is needed. ...

Khmer Times Staff
https://www.khmertimeskh.com/50972260/parliaments-need-to-continue-promoting-the-culture-of-dialogue-and-values-of-peace/

‘Indo-Pacific Economic Framework’ not a blessing to Asia

IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains, a step that Washington believes will help exclude China from the regional trading and supply systems. ...

Khmer Times Staff
https://www.khmertimeskh.com/501076225/indo-pacific-economic-framework-not-a-blessing-to-asia/

OXFAM Cambodia launches agribusiness policy brief

OXFAM, with support from Fair Finance Asia (FFA) and Gender Transformative and Responsible Agribusiness Investments in Southeast Asia (GRAISEA), has announced the launch of the “Enabling Stronger Due Diligence in the ASEAN Financial Sector” policy brief. ...

Ry Sochan
https://www.phnompenhpost.com/national/oxfam-cambodia-launches-agribusiness-policy-brief

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