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Finance Ministry Accused of Ignoring Education Sector

The Ministry of Education on Tuesday again publicly accused the Ministry of Finance of not injecting enough funds into the education sector in order to bring Cambodia in line with the rest of Southeast Asia. Speaking at the close of a two-day workshop to formulate the ...

Kuch Naren
http://www.cambodiadaily.com/news/finance-ministry-accused-of-ignoring-education%E2%80%88sector-41040/

New airline gets closer to launch

Cambodia Bayon Airlines will soon import two Modern Ark 60 aircrafts from the state-owned Aviation Industry Corporation of China (AVIC), with plans to begin domestic flights before the end of the year, a company representative said yesterday. Bayon will sign an agreement with AVIC on Thursday ...

Hor Kimsay
http://www.phnompenhpost.com/business/new-airline-gets-closer-launch

PM puts fake Hun Sen FB accounts on notice

Prime Minister Hun Sen yesterday took to the unruly world of social media in an effort to impose some order, at least where his own name is concerned. ...

Pech Sotheary
http://www.phnompenhpost.com/national/pm-puts-fake-hun-sen-fb-accounts-notice

On Eve of Visit, Obama Faces Asean Challenges, New China Leader

Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...

http://www.voacambodia.com/content/on-eve-of-visit-obama-faces-asean-challenges-new-china-leader/1545093.html

Korea trade nears $1 billion

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

http://www.phnompenhpost.com/business/korea-trade-nears-1-billion

Clinton Says Asean Is Key to US Foreign Policy

U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...

Cambodia sees 2.65 bln USD trade deficit in 2012

Cambodia recorded a trade deficit of 2.65 billion U.S. dollars in 2012, according to the government’s statistics on Wednesday. The country’s total import and export volume had reached 13.63 billion U.S. dollars last year, up 19 percent from 11.48 billion U. S. dollars in a year ...

http://news.xinhuanet.com/english/business/2013-01/09/c_132091653.htm

EU concludes ‘frank’ talks on rights, reform

Four days of high-level policy meetings between the European Union and Cambodia wrapped up in Brussels yesterday, after seeing “frank and in-depth exchanges” on a number of issues, including human rights, according to an EU press statement released last night. Ahead of the meeting of ...

Kevin Ponniah
http://www.phnompenhpost.com/national/eu-concludes-%E2%80%98frank%E2%80%99-talks-rights-reform

Police arrest man with thousands in fake US bills

Police in Battambang province arrested a man on Saturday who was in possession of more than $2,500 in counterfeit U.S. notes after receiving complaints from market vendors he had duped earlier in the day, police said Sunday. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/police-arrest-man-with-thousands-in-fake-us-bills-93556/

Gov’t Unveils Legal Plan to Break Garment Industry Strike

As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/

PM calls for halt to ‘illegal’ protests

Prime Minister Hun Sen on Wednesday called on labour unions to immediately stop organising demonstrations and strikes to “illegally” demand benefits from factory owners. He said such actions could spin out of hand and force around two-thirds of the Kingdom’s factories, approximately 800 of the ...

Long Kimmarita
https://www.phnompenhpost.com/national/pm-calls-halt-illegal-protests

Legal group urges review of Cambodia’s bar

The human rights arm of the International Bar Association (IBA) is recommending that the membership of the Bar Association of the Kingdom of Cambodia (BAKC) in the IBA be reviewed, raising the prospect of ejection in a scathing new report on the country’s judicial system. ...

Zsombor Peter
https://www.cambodiadaily.com/news/legal-group-urges-review-of-cambodias-bar-94684/

TEAC officially launched in Cambodian to boost Chinese producers

To boost Chinese investment in Cambodian garment industry, the Textile Enterprise Association of the Chinese Chamber of Commerce also know as TEAC has been officially launched in Phnom Penh.​Enjoy Ho, chairman of TEAC said that they will represent the interests of Chinese textile enterprises in ...

YNFX News Staff
http://www.yarnsandfibers.com/about-us

Hun Many hailed on return with peace prize

A day after being awarded the fledgling Gusi Peace Prize in Manila, Prime Minister Hun Sen’s youngest son, Hun Many, returned home to a hero’s welcome on Thursday. ...

Ben Sokhean and Anthony Jensen
https://www.cambodiadaily.com/news/hun-many-hailed-on-return-with-peace-prize-101363/

Workers in the dark on controversial draft union law

With the National Assembly set to vote on whether to adopt the controversial trade union law on Monday, the majority of Cambodia’s industrial workers remain unaware of the crossroads at which Cambodia’s employers and workers stand.   ...

Ananth Baliga, Sen David and Daniel de Carteret
http://www.phnompenhpost.com/national/workers-dark-controversial-draft-union-law

Talks over garment factory’s closure bear no fruit

The Ministry of Labour met with Malaysian-owned Global Apparels Limited factory representatives, union officials and workers yesterday, to negotiate an agreement for compensation as the company closes down.    ...

Sen David
http://www.phnompenhpost.com/national/talks-over-garment-factorys-closure-bear-no-fruit

Tobacco giant quits industry group over packaging dispute

The local arm of tobacco giant Japan Tobacco International (JTI), which makes Camel, Winston and Mevius cigarettes, has blasted the Association of the Tobacco Industry of Cambodia (ATIC) for failing to ensure its members adhere to new regulations mandating graphic health warnings on cigarette packages. ...

Janelle Retka
https://www.cambodiadaily.com/news/tobacco-giant-quits-industry-group-over-packaging-dispute-116040/

Banking liquidity tool moves to weekly issuance

Cambodia’s central bank yesterday launched a weekly issuance of Negotiable Certificate of Deposits (NCD) with selling scheduled for every Wednesday – a move aimed at developing the interbank lending market by promoting a secondary market for the short-term interest-bearing certificates. ...

Hor Kimsay
http://www.phnompenhpost.com/business/banking-liquidity-tool-moves-weekly-issuance

With job cuts on horizon, factory’s staff walks

Roughly 2,000 workers from the Malaysian-owned Global Apparels Limited garment factory in Phnom Penh went on strike yesterday after the factory announced it would be reducing staff numbers by 500 over the coming months, union representatives said yesterday. ...

Sen David
http://www.phnompenhpost.com/national/job-cuts-horizon-factorys-staff-walks

Budget backed without support

Members of the ruling Cambodian People’s Party voted in the National Assembly yesterday to back a 2017 national budget that outlines spending of $5 billion, but opposition Cambodia National Rescue Party (CNRP) members refused to give it their support. ...

Chea Vannak
http://www.khmertimeskh.com/news/32306/budget-backed-without-support/

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