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Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

PM Defends Interest Rates

Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...

http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html

Poor governance at root of Cambodia’s education problems, expert says

Poor governance and uneven distribution of wealth to rural communities are both behind Cambodia’s poor record of girls’ education, an expert says. Despite the country’s high economic growth rate in recent years, few opportunities are available in rural areas, which leads to girls dropping out of ...

Men Kimseng
http://bit.ly/1OCjX9t

SBIF all set to help businesses, investors in Cambodia

The Singapore Business and investment Forum (SBIF), a young and vibrant organisation, aims to better serve the business and investment needs of Singaporean businesses and investors in Cambodia ...

Prakash Jha
https://www.khmertimeskh.com/501247132/sbif-all-set-to-help-businesses-investors-in-cambodia/

‘Stop all checks on Chinese venues’

Preah Sihanouk provincial governor Kouch Chamroeun has called on provincial and town police to stop the unwarranted inspections of businesses run by foreigners, especially Chinese nationals.​Chamroeun was speaking at a provincial administration meeting last week that discussed encouraging further foreign investment in legitimate businesses in ...

Voun Dara
https://www.phnompenhpost.com/national/stop-all-checks-chinese-venues

PM puts Comfrel on notice

Prime Minister Hun Sen yesterday threatened legal action against anyone who touted claims of irregularities in the voter lists during the 2013 election, telling reporters yesterday that if this year’s round of voter registration finishes and the final tally of voters compiled is similar to ...

Taing Vida
http://www.khmertimeskh.com/news/29280/pm-puts-comfrel-on-notice/

Firm's 'hostage' awaits justice

Heng Hak wore a blank expression yesterday, her hair recently dyed a shade of blonde. Though her appearance suggested composure, a lift of her pant leg revealed the manifestation of the trauma she tried to escape last year. In March 2011, Hak jumped from the third ...

http://www.phnompenhpost.com/index.php/2012083158412/National-news/firms-hostageawaits-justice.html

Garment sector peace sought

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun ...

http://www.phnompenhpost.com/index.php/2012043055870/National-news/garment-sector-peace-sought.html

Monitor, GMAC at odds over plan

The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/monitor-gmac-odds-over-plan

Cambodian Opposition Leaders Go Into Hiding Amid Protest Crackdown

Cambodia’s opposition leaders Sam Rainsy and Kem Sokha went into hiding Saturday as the government stepped up its crackdown on protests against Prime Minister Hun Sen following deadly violence. A day after police shot dead four people during workers’ protests for higher wages, the government ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/clampdown-01042014123656.html

Labor Ministry ignored its own research on minimum wage

The Labor Ministry on Tuesday defended its failure to act on the results of its own study, which in November found that the minimum livable wage for garment factory workers is between $157 and $177. in its annual report, the ministry listed its wage study, carried ...

Aun Pheap and Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-ignored-its-own-research-on-minimum-wage-51977/

USAID nutrition project to benefit mothers and young children

The U.S. Agency for International Development (USAID) announced Thursday its Integrated Nutrition, Hygiene, and Sanitation Program that will improve the lives of mothers and young children by teachIng better nutrition and hygiene practices and IncreasIng the use of latrInes.The five-year, $16 million project will benefit ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZmY2MjExZjAwMDc

Vietnamese carriers test routes over Cambodia

Two Vietnamese airlines have reportedly commenced flight simulations of routes over Cambodian airspace in an effort to cut travel time between that country’s two major cities of Hanoi and Ho Chi Minh. ...

Eddie Morton
http://phnompenhpost.com/business/vietnamese-carriers-test-routes-over-cambodia

Poverty line $120, gov’t says

Workers in Cambodia’s capital earning less than $120 per month are living below the poverty line, according to the Ministry of Planning’s own calculation. At a September 17 workshop on the garment industry minimum wage, international Labor Organization Cambodia national director Tun Sophorn cited Ministry of ...

Sean Teehan
http://phnompenhpost.com/national/poverty-line-120-gov%E2%80%99t-says

Farming’s primacy ‘hinders’

Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. in Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...

Laignee Barron
http://www.phnompenhpost.com/national/farming%E2%80%99s-primacy-%E2%80%98hinders%E2%80%99

Unions skirmish using factory as 'battleground'

The setting is familiar – a garment factory in Kandal province that supplies Levi’s and Gap – and so is the number of people involved, but a strike that has raged at Yung Wah industrial II factory since Monday has a twist: it’s worker versus worker and union versus ...

http://www.phnompenhpost.com/index.php/2012080357800/National-news/unions-skirmish-using-factory-as-battleground.html

GMAC demands all payment from buyers

The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50719909/gmac-demands-all-payment-from-buyers/

Dam easing dooms homes

It was late at night when a torrent of water burst through the Kamping Pouy reservoir on October 8 and surged into more than 50 houses effectively sacrificed to stop a potentially catastrophic breach in the dam in Battambang province. With cracks appearing in a dam ...

Amelia Woodside and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/dam-easing-dooms-homes

This country just made it legal for cops to keep 70% of All the traffic fines they collect

Drivers in Cambodia have a lot to contend with: cavernous potholes, weaving motorcycles kicking up clouds of choking dust and noodle hawkers trundling down the “fast” lane. Now motorists may find their pockets as ravaged as their nerves, after officials announced a fivefold bump in ...

Charlie Campbell
http://time.com/3976259/cambodia-traffic-police-keep-fines-corruption/

PM awards tax reliefs for all educational establishments

In a significant move to boost the education sector In the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational Institutions till now to all educational establishments from January 2024 for five years until the end of ...

Manoj Mathew
https://www.khmertimeskh.com/501280100/pm-awards-tax-reliefs-for-all-educational-establishments/

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