Weighing risk and reward on construction sites
As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites
Factory worker wages to be re-examined
Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...
http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html
U.S.-Cambodia Looking for Investment Possibilities to Boost Economic Ties
Phnom Penh– A group of U.S. investors from the U.S.-ASEAN Business Council on Thursday visited Cambodia to observe investment opportunities and to boost trade and investment ties between U.S. and ASEAN member countries. The group consisted of 11 U.S. firms led by Frances Zwenig, the Counselor ...
32 Land Concessions Approved Since Moratorium
Despite a moratorium on the granting of new economic land concessions (ELCs), the government has approved at least 32 ELCs since Prime Minister Hun Sen announced their suspension in May. According to sub-decrees dated from May onward and provided by local human rights group Adhoc, Mr. ...
http://www.cambodiadaily.com/news/32-land-concessions-approved-since-moratorium-5725/
Manila at odds with Hun Sen over sea rows
Asean leaders yesterday failed again to form a common front towards geo-political disputes with China over the South China Sea as the Philippines vowed to continue shouting while Cambodia tried to contain discussions to the two immediate sides. The 10-member Association of Southeast Asian Nations hoped ...
http://www.nationmultimedia.com/national/Manila-at-odds-with-Hun-Sen-over-sea-rows-30194671.html
Cambodia's trade with foreign countries up 25 pct in four months
Cambodia’s trade volume with foreign countries had reached 5.12 billion U.S. dollars in the first four months of this year, a 25 percent rise compared with 4.1 billion U.S. dollars over the same period last year, according to a report from the Ministry of Commerce’s ...
http://news.xinhuanet.com/english/world/2013-05/30/c_132419210.htm
U.S. Ambassador to Cambodia returns from reverse trade mission in U.S.
U.S. Ambassador to Cambodia, William E. Todd returned from a reverse trade mission in the United States to promote trade and investment opportunities in Cambodia. Around 50 Cambodian business representatives accompanied Mr. Todd in meetings with several U.S. businesses, investors, and trade associations in Long Beach, ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTZjMjQxMDAzOGI
Insight: Cambodia's $11 billion mystery
The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot’s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies ...
http://www.reuters.com/article/2013/02/13/us-cambodia-china-idUSBRE91C1N320130213
Belgium steadfast in support for Cambodian students
The Government of Belgium is providing scholarship support for Cambodian students wishing to pursue master’s and doctoral degree programmes at some of Belgium’s most renowned universities. ...
Hang Punreay
https://www.khmertimeskh.com/501375054/belgium-steadfast-in-support-for-cambodian-students/
CAMBODIA HOSTED 7TH ASIA ECONOMIC FORUM
Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...
17 fake test-takers face up to six months in prison, fine
Seventeen people who were arrested last weekend in Phnom Penh during a Korean-language test could face six months in prison after being charged with impersonating prospective migrants hoping to work in South Korea, a police official said Thursday. ...
Kang Sothear
https://www.cambodiadaily.com/news/17-fake-test-takers-face-up-to-six-months-in-prison-fine-87249/
Chinese state-run hydropower companies fall short on green promises
China’s state-owned dam builders are failing to keep their promises to protect the planet when developing hydropower projects abroad – increasing the threat of environmental and social problems, according to a new study by green group International Rivers. ...
Former VOD staff undecided about offer of state employment
In a gesture of goodwill, Prime Minister Hun Sen offered government positions to unemployed Voice of Democracy (VOD) journalists. ...
Torn Vibol
https://www.khmertimeskh.com/501239634/former-vod-staff-undecided-about-offer-of-state-employment/
Kingdom, China ink railway training deal
A Chinese state-owned enterprise (SOE) and public Beijing-based university have teamed up to provide technical training to Cambodian students and other participants, and develop their expertise in the railway industry, as the Kingdom moves to modernise its rail infrastructure, according to the transport ministry. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-china-ink-railway-training-deal
CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS
Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...
Economic Plan for Mekong Region Gets Finalized
Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...
Oil dispute optimism
A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...
http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html
ILO Respond to Scathing Stanford Report on Factory Monitoring
The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...
SCB focus on Myanmar, Laos, Cambodia
Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...
http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia
Kingdom-United States trade tops $9.1 billion last year
The bilateral trade between Cambodia and the US amounted to $9,159 million in value in 2021, a 15.8 percent increase compared to the same period last year, according to a report the US Census Bureau issued on Wednesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501022173/kingdom-united-states-trade-tops-9-1-billion-last-year/