Acleda takes out $10 Million
Acleda Bank has signed a $US10 million loan agreement with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...
http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html
GDT requires tax invoice amounts shown in local riel
The General Department of Taxation (GDT) has ordered that all taxpayers show the total amount of their tax invoices in Cambodian riel. The change will come into effect on April 1. The GDT instruction issued on Monday indicates that tax invoices are required to show ...
Hor Kimsay
https://www.phnompenhpost.com/business/gdt-requires-tax-invoice-amounts-shown-local-riel
About 1,000 migrants sent home
About 1,000 Cambodians allegedly working illegally in Thailand were arrested and deported after the Thai government declared an end to a grace period for labourers, a member of the official receiving committee at the border in Poipet said Monday. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/about-1000-migrants-sent-home
Government to open embassies in Ankara, Sofia
The Cambodian government will open an embassy in the Republic of Turkey next year, a statement issued by the Ministry of Foreign Affairs said on Friday. ...
Kong Meta
https://www.phnompenhpost.com/national/government-open-embassies-ankara-sofia
Psychology department sees decrease in students
The Royal University of Phnom Penh’s department of psychology has seen a decrease in students and its dean has blamed a lack of human resources and decreased interest in the subject. Phan Chan Pov, dean of the psychology department at the university, said there are ...
Sen David
https://www.khmertimeskh.com/50544908/psychology-department-sees-decrease-in-students-2/
Minister urges officials to speed up ID scheme
Officials responsible for issuing new identity cards, which every adult will eventually need, must get a grip on the task and speed up, the Ministry Of Interior said yesterday.In an “instruction” to staff, Interior Minister Sar Kheng said the number Of new ID cards issued ...
Pech Sotheary
http://www.phnompenhpost.com/national/minister-urges-officials-speed-id-scheme
Garment unions say strike threat is on table
A coalition of garment industry unions reiterated warnings yesterday that they will launch nationwide strikes calling for better conditions if Minister of Labour Ith Sam Heng refuses to negotiate on previous demands. ...
Mom Kunthear
http://www.phnompenhpost.com/national/garment-unions-say-strike-threat-table
1,600 fired garment workers demand jobs back after strike
About 100 garment workers from a factory in Takeo province that supplies German sports brands Puma and Adidas protested in front of the Labor Ministry Wednesday to demand the reinstatement of about 1,600 staff fired last month for striking over inadequate benefits. ...
Sek Odom
https://www.cambodiadaily.com/news/1600-fired-garment-workers-demand-jobs-back-after-strike-100064/
Italy to set up chamber of commerce
Italy will set up a chamber of commerce in Cambodia this year with the aim of promoting and strengthening trade and investment opportunities in the kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/34290/italy-to-set-up-chamber-of-commerce/
Government establishes working group to tackle faintings
Health Minister Mam Bun Heng yesterday announced the formation of a working group to address mass fainting, a day after the premier raised the issue at a meeting with garment workers, though relevant officials had few details on the group’s objectives. ...
Kuoch Masy
http://www.phnompenhpost.com/national/government-establishes-working-group-tackle-faintings
Industrial sector grows, but still reliant on garment factories
The government released a summary of the country’s industrial sector over the past five years, showing a marked increase in growth across a wide variety of indicators. The report, released by the Ministry of Industry and Handicrafts (MIH) last week, lacks specific data but shows a ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/industrial-sector-grows-still-reliant-garment-factories
Union claims casino labour abuse
The Collective Union of Movement of Workers has sent a letter to the Ministry of Labour seeking intervention over abusive working conditions for staffers at a casino in Banteay Meanchey province’s Poipet town. ...
Sen David
http://www.khmertimeskh.com/5099378/union-claims-casino-labour-abuse/
CCC inks 18 MoUs with Chinese firms
The Cambodia Chamber of Commerce (CCC) on Thursday signed 18 memorandums of understanding (MoUs) with a visiting delegation of Chinese business leaders from 24 firms. They involved various forms of cooperation. ...
Hin Pisei
https://www.phnompenhpost.com/business/ccc-inks-18-mous-chinese-firms
Further heritage aiming to join Lakhon Khol
As the Kingdom marks the first anniversary of the inscription of traditional Cambodian dance drama Lakhon Khol on Unesco’s cultural heritage list, the government is preparing to have 10 other forms of tangible and intangible heritage registered with the UN body. ...
Khorn Savi
https://www.phnompenhpost.com/national/further-heritage-aiming-join-lakhon-khol
Loss of Forest in Cambodia Among Worst in the World
Cambodia lost more than 7 percent of its forest cover over the past 12 years—the fifth fastest rate in the world—according to a new study of global forest cover change that sharply contradicts the government’s own rosier figures. Published Friday in the journal Science and led ...
Zsombor Peter
http://www.cambodiadaily.com/news/loss-of-forest-in-cambodia-among-worst-in-the-world-47259/
Rice Trader Claims Being Wrongly Fined Bad Scale to Measure Her Truck
A rice trader on Monday filed a complaint with the Anti-Corruption Unit, Prime Minister Hun Sen’s Cabinet and three ministries alleging that officials in Kompong Cham province had wrongly fined her for an overweight truck after using improperly weighted scales. Saing Darlin had her truck impounded ...
Hul Reaksmey
http://www.cambodiadaily.com/business/rice-trader-claims-being-wrongly-fined-bad-scale-to-measure-her-truck-49631/
Putting hospitals on lockdown
The government plans to extend the country’s still-limited capacity to treat ailing prisoners by building more secure rooms inside provincial hospitals. As part of the General Department of Prisons’ 2014-2018 strategic plan, the Ministry of Interior hopes to have rooms specifically designated for prisoners in each ...
Chhay Channyda
http://www.phnompenhpost.com/national/putting-hospitals-lockdown
Vietnam strongly protests Khmer Kampuchea Krom activists setting Vietnamese flag on fire
“Vietnam strongly protests the fact that Khmer Kampuchea Krom activists held an illegal protest and set a Vietnamese flag on fire in Cambodia’s capital Phnom Penh on Tuesday,” said Vietnam’s Ministry of Foreign Affairs (MofA) spokesperson Le Hai Binh on Wednesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/14/c_133554277.htm
Union complains of spate of illegal garment factory firings
Union leader Pav Sina on Tuesday said garment factories around the country illegally fired dozens of his local representatives last year, far more than in 2013, and urged the government to help get their jobs back. Mr. Sina’s Collective Union of Movement of Workers (CUMW) is ...
ELC earnings underwhelm
The Cambodian government earned about $80 million leasing economic land concessions and forests to private companies over the last three years, according to a report from the Ministry of Economy and Finance released last week. The January report, signed by Prime Minister Hun Sen, found that ...
May Kunmakara
http://www.phnompenhpost.com/business/elc-earnings-underwhelm