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Competitiveness ranking slips

A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ss='cambodia-color'>...

Hor Kimsay
http://phnompenhpost.com/business/competitiveness-ranking-slips

University dorm for orphans

Ol Sok Hour, a keen and promiSing Student, had hiS life turned upSide down two yearS ago when hiS parentS died of AIDS. YeSterday, the NGO celebrated the launch of itS Graduation HouSe, a facility that will offer accommodation and Support for orphaned tertiary StudentS. SS='cambodia-color'>...

Sen David and Alice Cuddy
http://phnompenhpost.com/national/university-dorm-orphans

NagaCorp commissions independent report on AML risk

NagaCorp Ltd, the operator of the NagaWorld casino resort (pictured) in Phnom Penh, Cambodia, says it has commissioned “an independent professional party to review the internal controls of the company and its subsidiarieswith a focus on anti-money laundering”. The firm gives the information in its interim ss='cambodia-color'>...

GGRAsia News Staff
http://www.ggrasia.com/nagacorp-commissions-independent-report-on-aml-risk/

Phnong rally in Mondulkiri

About 200 ethnic Phnong villagers gathered in Mondulkiri province’s Bousraa commune yesterday to protest against several companies that hold economic land concessions in the area, which they say are destroying their traditional livelihoods. The villagers from Pech Chreada district accused the Kau su Dak Lak Company ss='cambodia-color'>...

Chhay Channyda
http://phnompenhpost.com/national/phnong-rally-mondulkiri

Court places more restrictions on union leader

Ath Thorn, the head of the country’s largest independent union, was placed yesterday under judicial supervision by the Phnom Penh Municipal Court a day after he joined demonstrations calling for a $177 monthly minimum wage for garment workers. Mr. Thorn, president of the Coalition of Cambodian ss='cambodia-color'>...

Mech Dara
http://www.cambodiadaily.com/news/court-places-more-restrictions-on-union-leader-68225/

Outstanding credit could reach $30B by 2020

The total amount of loans in Cambodia’s banking sector could rise to $30 billion by 2020, according to a report released today by Mekong strategic Partners, a new investment and advisory fund. Amid such growth, banks will be challenged to drastically expand their operations and will ss='cambodia-color'>...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/outstanding-credit-could-reach-30b-by-2020-69127/

An Olympian endeavour

A luxury twin-condo with 35 floors and 256 units is set to appear just to the southeast of the Olympic stadium by the end of 2017. sky Villa is a large project developed by the Crystal Orange Construction, with a hefty $100 million of capital ss='cambodia-color'>...

Hin Pisei
http://phnompenhpost.com/real-estate/olympian-endeavour

Ministry facing teacher shortage

Less than a week away from the start of the new school year, the government is short on teachers. Every year, the government struggles to recruit enough instructors to keep pace with enrollment rates and replace those who have retired, left teaching or passed away. The ss='cambodia-color'>...

Laignee Barron and Pech Sotheary
http://phnompenhpost.com/national/ministry-facing-teacher-shortage

Cambodians urge Australia to not resettle refugees there

A campaign organised by Cambodians has led the country’s first vice-president of the National Assembly to urge Australia to back down from its bid to resettle refugees there. Kem sokha said in a letter to the Australian Ambassador to Cambodia, Alison Burrows, that the deal to ss='cambodia-color'>...

Jay Fletcher
https://www.greenleft.org.au/node/57736

Cambodian students win out on ASEAN stock markets

Despite the Cambodian stock Exchange (CsX) getting off to a sluggish start over the past three years, local university students are seemingly already on the way to becoming good stock-pickers. The winners, two students from Zaman University who went by the team name of Dark ss='cambodia-color'>...

Eddie Morton
http://phnompenhpost.com/business/cambodian-students-win-out-asean-stock-markets

Presence of Vietnamese goods limited in regional market

Many types of Vietnamese goods have faced strong competition of imported products from nations in the southeast Asian region, while local businesses have met difficulties in broadening the presence of their products in these markets. For the last ten years, many businesses in Ho Chi Minh ss='cambodia-color'>...

Thuy Hai
http://www.saigon-gpdaily.com.vn/Business/Economy/2014/12/111809/

ILO, Cambodian garment manufacturers agree to eliminate child labor

Child labor has been a problem plaguing Cambodia for years, and a new agreement between the International Labour Organization’s Better Factories Cambodia (BFC) and the Garment Manufacturers Association in Cambodia (GMAC) is the latest effort to eradicate it. “The agreement emphasizes collaboration between BFC and ss='cambodia-color'>...

Tara Donaldson
https://www.sourcingjournalonline.com/ilo-cambodian-garment-manufacturers-agree-eliminate-child-labor-td/

Promises made to HIV village

Health Minister Mam Bunheng announced yesterday he has proposed that a reserve budget be used to help victims of the mass HIV outbreak in Battambang province’s Roka village, as he vowed to strengthen health services across the country. speaking at a press conference following questioning by ss='cambodia-color'>...

Taing Vida
http://www.phnompenhpost.com/national/promises-made-hiv-village

Hasty hydropower critiqued

Less than a week after Laos declared itssovereign right” to develop hydropower regardless of neighbouring countries’ objections, the Lower Mekong Initiative (LMI) gathered an “extraordinary meeting” to stress the importance of sustainable waterways. During the two-day discussions in Pakse, Laos which concluded yesterday, the Us ss='cambodia-color'>...

Laignee Barron
http://www.phnompenhpost.com/national/hasty-hydropower-critiqued

Families affected by land disputes in Cambodia tripled in 2014: rights group

A surge in land disputes in Cambodia affected more than three times as many families last year as in 2013, a local rights group said Thursday, urging Prime Minister Hun sen’s government to address the issue with “long-term lasting solutions” instead of making empty promises. Rights ss='cambodia-color'>...

Joshua Lipes
http://www.rfa.org/english/news/cambodia/families-02192015114159.html

Mafia ‘not welcome’

Cambodia’s National Police chief Neth savoeun has told foreign embassies that it won’t tolerate “foreign mafia” in the Kingdom, in what appears to be a thinly veiled message to Russia concerning recent conflict between Russian nationals in sihanoukville. According to the statement, savoeun has been ss='cambodia-color'>...

Vong Sokheng and Shaun Turton
http://www.phnompenhpost.com/mafia-not-welcome

UN panel grills Cambodians

Sitting in Geneva before a panel of international expertS choSen by the UN, Cambodian delegateS yeSterday did their beSt to dodge a SerieS of pointed queStionS regarding the Kingdom&rSquo;S adherence to the International Covenant on Civil and Political RightS (ICCPR). PhraSeS Such aS “I don&rSquo;t know SS='cambodia-color'>...

Ethan Harfenist
http://www.phnompenhpost.com/un-panel-grills-cambodians

Cambodia near bottom in gov't openness index

Cambodia ranks near the bottom of 102 countries surveyed in a new index of government openness, scoring dead last in mechanisms through which complaints can be lodged against government officials and 98th in sanctions for officials’ misconduct. Overall, the Kingdom placed 98th in the World Justice ss='cambodia-color'>...

Sean Teehan
http://www.phnompenhpost.com/cambodia-near-bottom-govt-openness-index

Students who failed exam get second chance

As more than 90,000 students across the country sweat over results that will rule them in or out of university, Prime Minister Hun sen on Monday announced that those who failed the tightly monitored 2014 national exam would be given a second chance to pass. ss='cambodia-color'>...

Matt Blomberg
http://www.cambodiadaily.com/news/students-who-failed-exam-get-second-chance-66253/

Cambodia's parliament leadership reshuffle set for next week: PM

The 123 Cambodian Members of Parliament (MPs) from the ruling and opposition parties will vote on Tuesday next week to elect their leadership, Prime Minister Hun sen, vice president of the ruling Cambodian People’s Party (CPP), said on Monday. The opposition Cambodia National Rescue Party (CNRP)’s ss='cambodia-color'>...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140818/cambodias-parliament-leadership-reshuffle-set-next-week-pm

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