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In new election body law, room for mischief

The opposition hailed the rewriting of Cambodia’s election laws a success on Monday, with the completion of the bills coming eight months after it ended its parliamentary boycott for pledges of a comprehensive overhaul of the National Election Committee (NEC). ...

Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/in-new-election-body-law-room-for-mischief-79451/

Chevron drilling delay caused by US slowdown: lawmaker

Chevron Oil and Gas Co has delayed offshore oil drilling in Cambodia until 2016 mainly because of the economic slowdown in the United States, a senior lawmaker says. Cheam Yeap, chairman of the National Assembly Commission on Economy, Finance, Banking and Audit, said inadequate human resources ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MmZlYWQ1MTAwZDRjMTY4ZGQwNGNlMzAxZDc1ZDVi

Judicial laws put independence of courts in jeopardy

Three constitutionally mandated judicial laws would adversely affect the independence of the courts if they are passed in their current draft state, legal experts warned on Friday. Draft versions of the Law on the Organization and Functioning of the Supreme Council of the Magistracy, the Law ...

Lauren Crothers
http://www.cambodiadaily.com/news/judicial-laws-put-independence-of-courts-in-jeopardy-58942/

BDO expands Cambodia operations

The former country partner and staff of Grant Thornton Law and associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. BDO is one of three accounting firms licensed by the Securities and Exchange Commission ...

http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html

MoU to strengthen co-operation between Cambodia and India

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

http://www.phnompenhpost.com/index.php/2012120760146/Business/mou-to-strengthen-co-operation-between-cambodia-and-india.html

SMEs not yet ready for CSX

Small and medium-sized enterprises, which are expected to play a key role in the Kingdom’s emergent stock market, are far from ready to list, insiders say. Most important, many SMEs lack the standardisations and controls required of publicly traded companies by the Securities and Exchange Commission ...

http://www.phnompenhpost.com/index.php/2011112152859/Business/smes-not-yet-ready-for-csx.html

CARE: females slog but paid less

Female workers are still being paid less than their male counterparts on construction sites, while building companies value male construction workers as more skilled than women, according to a CARE Cambodia report released Friday. CARE’s research paints a comprehensive picture of the situation of women working ...

Sum Manet
http://www.khmertimeskh.com/news/29596/care--females-slog-but-paid-less/

Massive $23.2B project gets ‘green light’

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light

Strike grows as another factory walks

About 1,000 workers at one of Asia’s largest garment-processing factories have joined more than 4,000 who began a strike last week, as union workers demanded the company meet nine conditions, including severing ties with a shareholder. Employees at the SL2 factory of SL Garment Processing (Cambodia) ...

http://www.phnompenhpost.com/national/strike-grows-another-factory-walks

State-Owned Properties to Be Sold, Swapped

Six prime government-owned properties in Phnom Penh and Battambang province have been reclassified as privately held state properties in order to pave the way for the land to be sold or swapped with private companies, according to a sub-decree signed November 8. Signed by Prime Minister ...

Kuch Naren
http://www.cambodiadaily.com/news/state-owned-properties-to-be-sold-swapped-48527/

Officials ‘take cut’ of dam compensation

Officials involved in negotiating compensation offers between the developers of the Lower Sesan II dam and affected villagers have kept a portion of the money paid out to 12 families for themselves, according to an official. Duong Pov, Stung Treng provincial administration director, claimed that a ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/officials-%E2%80%98take-cut%E2%80%99-dam-compensation

Rice customs fees dropped

The Ministry of Economy and Finance (MoEF) will scrap customs fees for rice exporters from May 1 in an effort to reduce production costs and boost Cambodia’s competitiveness in the sector, according to a letter obtained by the Post. “[The ministry] has agreed to eliminate charges ...

Hor Kimsay
http://www.phnompenhpost.com/business/rice-customs-fees-dropped

Government pushes ahead with study of Koh Kong dam

The minister of mines and energy on Monday said a new private-public working group will study the impacts of a proposed hydropower dam in Koh Kong opposed by hundreds of resident ethnic minority families and find them an adequate resettlement site. A Cambodian consultancy, SBK Research ...

Khuon Narim
http://www.cambodiadaily.com/news/government-pushes-ahead-with-study-of-koh-kong-dam-61047/

Thailand's anti-human trafficking efforts to benefit Myanmar workers

Thailand is on the process to heighten flexibility for workers from Myanmar, Laos and Cambodia to obtain legal identification paperwork and land needed work in the country, said the Royal Thai Embassy in Washington. In the release issued chiefly to show Thailand’s actions to fight human ...

The Nation News Staff
http://www.nationmultimedia.com/national/Thailands-anti-human-trafficking-efforts-to-benefi-30239920.html

Sokha Hotel expected to open by september

The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/sokha-hotel-expected-to-open-by-september-63481/

US investors cite corruption as major issue

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

Simon Henderson
http://www.cambodiadaily.com/business/us-investors-cite-corruption-as-major-issue-40520/

Tech businesses among Cambodia’s fastest-growing sectors

More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the ...

http://www.phnompenhpost.com/index.php/2012031555037/Business/technology-businesses-among-the-kingdoms-fastest-growing-sectors.html

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