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FASMEC urges CDC to link activities with SMEs

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign ...

Nhean Chamrong
https://www.khmertimeskh.com/501500215/fasmec-urges-cdc-to-link-activities-with-smes/

No End in Sight for Svay Rieng SEZ Strikes

A union official at the center of a strike that started last Monday and involves an estimated 30,000 workers from two special economic zones (SEZs) in Svay Rieng province said Sunday that he has no control over the strikers, and does not know when or ...

Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/no-end-in-sight-for-svay-rieng-sez-strikes-49560/

Hun Sen’s Sister Linked to Private Security Firm at SL Factory

The younger sister of Prime Minister Hun Sen is the owner of a private security firm that has been hired to protect the SL Garment Factory from its workers, who have been on strike for more than three months, officials at the firm said Wednesday. Hun ...

Aun Pheap
http://www.cambodiadaily.com/news/hun-sens-sister-linked-to-private-security-firm-at-sl-factory-46946/

Police say official had luxury logs

An immigration official at the Ministry of Interior’s office in Ratanakkiri province was arrested yesterday, accused of illegal logging, district police said. O’Yadav police chief Sok Min said provincial court prosecutor Liv Sreng led military and police officials on a car chase that ended with the ...

Sen David
http://www.phnompenhpost.com/national/police-say-official-had-luxury-logs

Microfinance sector plays important role in economic development: NBC

The microfinance sector in Cambodia has been playing an important role in contributing to economic and social development, especially the reduction of poverty in rural areas, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501268058/microfinance-sector-plays-important-role-in-economic-development-nbc/

Staff of suspended factory demand wages

About 70 workers from the Xing Chang Sin factory marched to the Ministry of Labor on Friday to demand intervention after the factory allegedly failed to pay wages for the past two months. Vong Sovann, deputy director general at the Labor Ministry’s general department of ...

Sek Odom
http://www.cambodiadaily.com/news/staff-of-suspended-factory-demand-wages-65571/

Talks on maid MoU slated for summer

A Memorandum of Understanding aimed at protecting maids sent to Malaysia may make headway in the next two months, a government official has said. Secretary of State for the Ministry of Women’s Affairs San Arun said a meeting with Malaysian officials on an MoU is expected ...

http://www.phnompenhpost.com/index.php/2012050755997/National-news/maid-mou-inching-forward.html

Analysis: The government has announced plans to cover workers’ severance, but is it the best solution to factory disputes?

The government will begin to pay out of pocket for severance wages for labourers at abruptly shuttered factories whose owners have fled, effectively enacting a pro-worker policy without further burdening private businesses – albeit at the risk of discouraging good corporate citizenship, experts say. ...

Yon Sineat and Brendan O’Byrne
http://www.phnompenhpost.com/post-depth-business/analysis-government-has-announced-plans-cover-workers-severance-it-best-solution

Interior Ministry surveys One Window Services in four areas

The Interior Ministry is looking to improve One Window Services in three provinces and the capital to better manage issues surrounding land ahead of its official launch at the end of this month. Prak Sam Oeuen, director-general of the Interior Ministry’s general administration department, yesterday ...

Khuon Narim
https://www.khmertimeskh.com/50676087/interior-ministry-surveys-one-window-services-in-four-areas

‘Hunt down the masterminds’

Minister of Interior Sar Kheng insisted on Tuesday that law enforcement agencies must leave no stone unturned in the search for the “masterminds” behind human trafficking and bring them to justice without exception. Sar Kheng was speaking at a meeting on Tuesday at the Ministry ...

Voun Dara
https://www.phnompenhpost.com/national/hunt-down-masterminds

Statement on Cambodia's foreign exchange reserves

On 23 July 2020, the National Bank of Cambodia has posted a statement on Cambodia’s foreign exchange reserves. According to the statement, Cambodia’s foreign exchange reserves value at 19,5 billion US$. Also, the National Bank of Cambodia acquire 36.5 tons of gold, of which: 12.4 ...

National Bank of Cambodia

Download: pdf

Digitalisation ‘a key driver for small and medium businesses’

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

Sok Chan
https://www.khmertimeskh.com/50778833/digitalisation-a-key-driver-for-small-and-medium-businesses/

More than 100 workers faint at Shenzhou garment factory

More than 100 workers of Shenzhou garment factory in Phnom Penh fainted Thursday, one day after a similar mass fainting at the same factory. The first workers fainted at about 8 a.m., setting off a chain reaction that sent the entire workforce running from the factory ...

Matt Blomberg and Sek Odom
http://www.cambodiadaily.com/news/more-than-100-workers-faint-at-shenzhou-garment-factory-55766/

Union agrees to stop protests; factory to set aside complaint

Demonstrations surrounding the establishment of a new union at a garment factory in Kompong Speu province ended Monday after management dropped their complaint against two jailed workers in exchange for protesters agreeing to return to their jobs, a court official and unionists said. ...

Ben Sokhean
https://www.cambodiadaily.com/news/union-agrees-to-stop-protests-factory-to-set-aside-complaint-98387/

Siem Reap sees sixfold rise in dengue fever

From January 1 to June 9, more than 6,000 patients received treatment for dengue fever at hospitals in Siem Reap province, out of whom eight died. The figure represents a sixfold increase compared to the same period last year when there were no casualties. Bou ...

Khorn Savi
https://www.phnompenhpost.com/national/siem-reap-sees-sixfold-rise-dengue-fever

Laos defends actions on Xayaburi at MRC meet

Laos yesterday defended its decision to begin building the Xayaburi dam amid criticism from Cambodia on a lively final day of the Mekong River Commission’s annual council meeting in Luang Prabang, Laos. According to separate sources who attended, Cambodia spoke out against Laos for “misinterpreting” the ...

http://www.phnompenhpost.com/2013011860867/National/laos-defends-actions-on-xayaburi-at-mrc-meet.html

Local silk production nearly extinct

Cambodia’s natural silk industry is on the verge of extinction due to the widespread use of pesticides that have severely damaged the health of silkworms, leading producers to rely on imported synthetic fibers to meet demand, experts say. Men Sinoeun, executive director of the Artisan’s Association ...

Kang Sothear
https://www.cambodiadaily.com/business/local-silk-production-nearly-extinct-74350/

Rubber production to receive multi-agency effort to improve

WWF-Cambodia and the General Department of Rubber at the Ministry of Agriculture, Forestry and Fisheries (MAFF) signed a memorandum of understanding (MoU) to build a multi-agency partnership for transparent and sustainable natural rubber supply chains in Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50803833/rubber-production-to-receive-multi-agency-effort-to-improve/

Appeals court hears challenge to 2014 convictions from garment workers protest

The Court of Appeals held a hearing Thursday in a case dating back to 2014, when ten men were convicted of charges related to violence at demonstrations during a nationwide garment workers strike. The court’s verdict on the appeal is scheduled to be announced on ...

Khuon Narim
https://cambojanews.com/appeals-court-hears-challenge-to-2014-convictions-from-garment-workers-protest/

Regulator sees growth

Camcontrol revenues for the first nine months of the year hit US$7.9 million, surpassing the Ministry of Economy and Finance’s revenue goal of $6 million for the year. Kong Putheara, director of the Ministry of Commerce’s statistics department, this week said the unexpected growth came from ...

http://www.phnompenhpost.com/index.php/2011110352505/Business/regulator-sees-growth.html

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