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Job security low as unemployment drops

The International Labour organisation (ILo) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...

http://www.phnompenhpost.com/index.php/2012080357786/Business/job-security-low-as-unemployment-drops.html

Prey Long Meeting Gets Grudging Go-Ahead

Commune and village officials in Kratie province yesterday threatened to shut down a community meeting on the protection of Prey Long forest because the organizers had failed to get permission and allegedly invited only opposition party activists. The authorities eventually allowed the meeting to proceed, after ...

Tourism Sector Faces Dearth of Skilled Labor

With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...

Graduates fear career jobs woe

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. at the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

http://www.phnompenhpost.com/2013021261305/Business/graduates-fear-career-jobs-woe.html

Homes Razed to Stop ‘Secession,’ Officials Say

The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...

Trucking Companies Plagued by High Costs, Informal Payments

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

http://www.cambodiadaily.com/business/trucking-companies-plagued-by-high-costs-informal-payments-3716/

Single visa test-run

A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...

http://www.ttrweekly.com/site/2012/12/single-visa-test-run/

Senate Oks Sesan Dam Payment Deal

After a 60- minute debate, the Senate on Friday voted in favour of a payment guarantee for the private companies constructing the controversial Lower Sesan 2 dam in Stung Treng province. at the Senate session, 43 out of 48 senators voted to approve the deal which ...

http://www.cambodiadaily.com

Indirect trade with India unhealthy

CAMBODIA&rsquO;S indirect trade and investments with India are pOssibly wOrth almOst five times mOre than its direct ecOnOmic activities, a situatiOn deemed &ldquO;unfavOurable&rdquO; tO the cOuntry, an industry expert said yesterday. Direct trade and investments between the twO cOuntries hit a recOrd $112 milliOn last ...

http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html

Bids called on Cambodia rail link

The State Railway of Thailand (SRT) will call an e-auction on April 10 on work to renovate damaged tracks connecting Thailand with Cambodia at the Aranyaprathet-Poipet crossing, Transport Minister Chadchat Suttipan said on Tuesday. The railway agency estimated the project will cost 2.8 billion baht. ...

http://www.bangkokpost.com/breakingnews/343563/thailand-to-open-bid-to-rebuild-tracks-with-cambodia

Construction Sector Faces Chronic Labor Shortage

Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...

http://www.cambodiadaily.com/news/construction-sector-faces-chronic-labor-shortage-19742/

Mobile Firms Agree to Stop Price Dumping

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/

Investors Look For Hotel Opportunities In Southeast Asia

Hotel transaction volumes in Asia hit US$620 million (Bt18.18 billion) in the first quarter, up 190 per cent from the same period last year, and properties in Southeast Asia are attracting investor attention, according to real-estate services company Jones Lang Lasalle. “Rising visitor arrivals, robust trading ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NGM4ODkxZTEzMjg

Non-Government Groups Take Stock of the Country’s Rights Records

The government’s abuse of land rights and indigenous minorities were among the top concerns raised Tuesday by non-governmental groups at a workshop in Phnom Penh on Cambodia’s progress toward achieving a long list of U.N. human rights recommendations. As part of the U.N. Human Rights Council’s ...

http://www.cambodiadaily.com/news/non-government-groups-take-stock-of-countrys-rights-record-21113/

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Tax revenue sees a 27 per cent jump

The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...

http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html

Decision Pending in Dispute Between Villagers, Businesswoman

Farmers in Kompong Chhnang province locked in a land dispute with a local businesswoman are waiting for the government to make a decision on who owns the property after student volunteers measured the area earlier this month as part of Prime Minister Hun Sen’s nationwide ...

http://www.cambodiadaily.com/news/decision-pending-in-dispute-between-villagers-businesswoman-20022/

Housing development on Cambodian islands not the right time yet

Although currently there are a lot of development projects for resorts and guesthouses on various islands off Cambodia’s coast, experts say it is not the right time for such developments. Po Eavkong, managing director of Asia Real Estate Cambodia, said the development activities on islands in ...

http://www.phnompenhpost.com/2013062066370/Real-Estate/housing-development-on-cambodian-islands-not-the-right-time-yet.html

Bribes remain rampant: TI

Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...

http://www.phnompenhpost.com/national/bribes-remain-rampant-survey

Social media shows election day muscle

Illustrating a rapidly changing information network in Cambodia, social media played a major role yesterday, as images and videos that appeared to depict fraudulent election activity went viral on Facebook and Twitter. Videos of voters washing off the supposedly indelible security ink used to identify those ...

http://www.phnompenhpost.com/national/social-media-shows-election-day-muscle

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