China's ICBC approved by Cambodia central bank as yuan clearing bank
Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, said on Tuesday it has been approved by National Bank of Cambodia as a clearing bank for the Chinese yuan currency in the country. ...
The Business Times News Staff
http://www.businesstimes.com.sg/breaking-news/asia/chinas-icbc-approved-cambodia-central-bank-yuan-clearing-bank-20140325
Labor minister says solution to Bavet strike in the works
On the sidelines of a government event marking International Labor Day, Labor Minister Ith Sam Heng on Thursday blamed recent strikes in Bavet City on unnamed provocateurs, but said efforts were underway to resolve the dispute. He also said that a government-ordered shutdown of the 30-plus ...
Aun Pheap and Khuon Narim
http://www.cambodiadaily.com/news/labor-minister-says-solution-to-bavet-strike-in-the-works-57942/
Gender course to be piloted at Royal University
Gender studies will be incorporated into the curriculum at Cambodia’s largest university in an effort to shape the country’s top students’ views on the role of women in society, educators and experts said on Wednesday at a workshop on the course. A pilot program will begin ...
Holly Robertson and Sun Heng
http://www.cambodiadaily.com/news/gender-course-to-be-piloted-at-royal-university-63740/
Cybercrime law’s status uncertain
A Ministry of Commerce official said in a speech last week that the controversial draft cybercrime law was almost ready to appear before the National Assembly, though another government official dismissed this yesterday. At a conference on cybersecurity attended by representatives of the public and private ...
Sean Teehan
http://phnompenhpost.com/national/cybercrime-law%E2%80%99s-status-uncertain
Unions warn of strikes over gov’t rejection of new branch
A group of eight trade unions Thursday said the government has turned down every one of their applications to form local branches at the country’s garment factories since early last year and threatened mass strikes if the rejections continue. At a press conference in Phnom Penh, ...
Mech Dara
https://www.cambodiadaily.com/news/unions-warn-of-strikes-over-govt-rejection-of-new-branches-77031/
Population to grow 22% by 2030: UN
Cambodia’s population is expected to grow by 22 per cent to almost 19 million by 2030, while infant mortality is slated to decrease and life expectancy to increase, according to a UN report released on Wednesday. ...
Sarah Taguiam
http://www.phnompenhpost.com/national/population-grow-22-2030-un
Increased loan access for SMEs
Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...
May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes
Gov’t dismisses judicial reform concerns
Human Rights Watch says three draft laws on the verge of approval by the National Assembly, intended to assure the independence of Cambodia’s courts, would do just the opposite, and has called on the government to withdraw them. The Council of Ministers approved the trio of ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/govt-dismisses-judicial-reform-concerns-58023/
Government to freeze bank accounts of four tardy tycoons
Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The ...
Hul Reaksmey
http://www.cambodiadaily.com/news/government-to-freeze-bank-accounts-of-four-tardy-tycoons-65593/
Cambodia Orders Halt to Anti-Vietnamese Protests After Flag Burning Incident
suspend protests against Vietnam over a territorial dispute as Phnom Penh expressed “regret” to Hanoi over the burning of a Vietnamese flag during the demonstrations last week. Horn Nam Hong met at his office with the head of the Khmers Kampuchea-Krom Federation, Thach Setha, who agreed ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/protests-08192014163708.html
Climate Change Poses Major Threat to Cambodia’s Rural Poor
The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human Development Report. “This is an agrarian economy that depends very much on weather. And we are among the ...
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Shops unfazed by annual bootleg DVD crush
The Ministry of Culture steamrolled 300,000 bootlegged DVDs Monday in its annual celebration of efforts to stamp out piracy. But at DVD shops across Phnom Penh, where pirated movies are sold for $1.50 or less, owners said they see little threat to their businesses. ...
Sek Odom and Alex Consiglio
http://www.cambodiadaily.com/news/shops-unfazed-by-annual-bootleg-dvd-crush-60424/
Ministries eye budget bumps for next year
The Ministry of Economy and Finance finished month-long consultations with key ministries on Thursday in preparation for the drafting of Cambodia’s budget for 2017. ...
Kong Meta
http://www.phnompenhpost.com/national/ministries-eye-budget-bumps-next-year
Minimum wage law edges closer
A Labour Ministry official has said the law on the minimum wage will come into force in the first quarter of 2018, provided there are no more objections from stakeholders. ...
Mom Kunthear
http://www.khmertimeskh.com/5095662/minimum-wage-law-edges-closer/
Officials at border call for better info sharing
Authorities in Svay Rieng province have slammed the minister in charge of negotiating border issues with Vietnam, saying he has not kept the military and governor’s office in the loop regarding the ongoing dispute with Cambodia’s neighbour. ...
Meas Sokchea
http://www.phnompenhpost.com/national/officials-border-call-better-info-sharing
No new resettlement at Angkor park
Minister of Land Management, Urban Planning and Construction Say Samal instructed the relevant parties to protect former village land in the Angkor archaeological park. ...
Torn Vibol
https://www.khmertimeskh.com/501375698/no-new-resettlement-at-angkor-park/
Tourism stronger than predicted
The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...
http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Three groups sign deal to help migrants in Thailand
The Manpower Association of Cambodia and the Association of Cambodian Recruitment Agencies yesterday signed a Memorandum of Understanding with the Thai-Cambodian Relation Association to protect migrant workers in Thailand. ...
Mom Kunthear
https://www.khmertimeskh.com/50548323/three-groups-sign-deal-to-help-migrants-in-thailand/