Sexual harassment at work costs garment industry $89 million a year
Sexual harassment in the workplace could have an indirect cost to the garment industry of up to $89 million per year, said Care Cambodia’s acting country director Jan Noorlander. Speaking at a Business of Women at Work forum yesterday, Mr Noorlander said the organisation was very ...
Ministry floats new law for clean water management
The Ministry of Industry and Handicrafts will propose a new law to improve clean water management in Cambodia. It also warned of crackdowns on clean water supply businesses which are unlicensed or do not have a valid licence. The new law will state the obligations ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-floats-new-law-clean-water-management
Listed firms GTI and PAS post higher Q3 revenue
Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue
Radios rounded up in capital
Phnom Penh police yesterday launched a coordinated operation to seize illegal walkie-talkies from tuk-tuk and motorbike taxi drivers, in order to rid the capital of alleged “anarchy”.The campaign is the initiative of the capital’s chief and reportedly comes in response to complaints that drivers’ use ...
Taing Vida
http://www.phnompenhpost.com/national/radios-rounded-capital
All aboard the gravy train
Cambodians’ growing appetite for fast food and franchised food outlets, and the increasing number of restaurants springing up in the capital and other towns, has become a healthy business for some of the food chains now operating in the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/25224/all-aboard-the-gravy-train/
Bus company boycott escalates as assault case continues
A boycott of the Virak Buntham bus company launched by businesses here is intensifying and gaining increased support after alleged criminal activity on its routes was exposed.The most recent allegation against the company, an alleged sexual assault against a British tourist, was reported earlier this ...
Jack Laurenson
http://www.khmertimeskh.com/news/17154/bus-company-boycott-escalates-as-assault-case-continues/
Floods wreak havoc
Residents of Kampot province continued to feel the devastating effects yesterday of widespread flooding in the area caused by the opening of the Kamchay Hydropower Dam, which has left thousands temporarily homeless and crippled local businesses.Keo Vy, spokesman of the National Committee for Disaster Management ...
Khouth Sophak Chakrya and Sor Chandara
http://www.phnompenhpost.com/national/floods-wreak-havoc
In rice-exporting Vietnam, consumers growing fond of Cambodian grain
Some rice businesses in the southern province of Tien Giang have begun sourcing rice from Cambodia to distribute to Ho Chi Minh City and neighboring localities, instead of that grown in Vietnam’s Mekong Delta, known as the country’s granary.Trung, who runs a major rice firm ...
Tuoitrenews Staff
http://tuoitrenews.vn/business/31871/in-riceexporting-vietnam-consumers-growing-fond-of-cambodian-grain
Local supply of glass, mirror products
A China-based mirror manufacturing business that fabricates various glass and mirror products for use in the construction industry is keen to set up operations in the country. “Right now the industry is importing most of its construction materials from overseas and this makes it expensive. ...
Chea Vannak
http://www.khmertimeskh.com/news/35456/local-supply-of-glass--mirror-products/
Environmentalist to be honoured in New York
The Goldman Environmental Prize winner Ouch Leng, president of the Cambodian Human Rights Task Force, has been awarded the Asia Game Changer Award for 2017 from the Asia Society. Mr Leng will go to collect the award in New York on November 1 with eight ...
Mom Sophon
http://www.khmertimeskh.com/5088344/environmentalist-honoured-new-york/
City Orders Removal of a Dozen Newspaper Stands
Phnom Penh authorities have ordered 12 newspaper kiosks to leave a major road in the capital, saying they need them to relocate for 12 months for construction but giving them no other place to go. Owners of the kiosks, which are popular in the sale of ...
http://www.voacambodia.com/content/city-orders-removal-of-a-dozen-newspaper-stands/1575403.html
Japan to strengthen local SME’s capacities
The Japan International Cooperation Agency (JICA) announced yesterday that it will provide technical support for Cambodian small and medium-size enterprises (SMEs), strengthening their capacities through the establishment of a national policy, officials said. Meng Saktheara, director-general of the General Department of Industry at the Ministry of ...
http://www.phnompenhpost.com/2013030561745/Business/japan-to-strengthen-local-sme-s-capacities.html
Japanese bank to sign cooperation deal with Cambodian bank
Sumitomo Mitsui Banking Corporation, one of the leading banks in Japan, will sign a memorandum of understanding with Cambodia’s leading Acleda Bank on Friday for business cooperation, according to a press release from Acleda on Thursday. Under the agreement, both banks will provide mutual support for ...
http://news.xinhuanet.com/english/business/2012-08/23/c_131803018.htm
Tough Telecom Market Sees qb Downsize
Mobile phone operator qb has shuttered “a number” of retail showrooms in an effort to improve its business in Cambodia’s oversaturated telecommunications market, the company confirmed Wednesday. And former employees have also revealed the telecom—which is operated by Cambodia Advance Communications Ltd. (CAC)—has lost nearly half ...
http://www.cambodiadaily.com/business/tough-telecom-market-sees-qb-downsize-33329/
China's Taiwanese bank looks into Cambodian financial sector
The Shanghai Commercial & Saving Bank (SCSB), one of the leading banks in China’s Taiwanese region, opened a representative office here on Monday thanks to increasing interest in Cambodia by Taiwanese business people, a bank official said. To date, Cambodia has six foreign banks’ representative ...
Global Times News Staff
http://www.globaltimes.cn/content/829199.shtml#.Up2E2cQW2Dt
Hong Kong's KeyBridge acquires 65 pct shares of Cambodian telecom firm
The KeyBridge International (Hong Kong) Investment Company has acquired 65 percent shares of a Cambodian telecommunications company EMAXX in an amount of 15 million U.S. dollars, officials of the two companies announced Wednesday. “EMAXX has converted from a family business into a joint venture,” Ai Min, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-04/09/c_133249446.htm
Will the World Cup hurt productivity?
Once every four years, when the FIFA World Cup rolls around, business surveys and studies are inevitably released telling us that all those hours spent watching football, thinking about football and talking about football have a tangible effect on the global economy. During the 2010 World ...
Kevin Ponniah
http://www.phnompenhpost.com/national/will-world-cup-hurt-productivity
Agreement provides better access to Cambodia and the Philippines
Transport Minister Gerry Brownlee says Cabinet approval of two new air services agreements will make it easier for New Zealanders to travel and do business in Cambodia and the Philippines. The new agreement with Cambodia places no limits on flights and routes operated by airlines ...
Voxy News Staff
http://www.voxy.co.nz/politics/agreement-provides-better-access-cambodia-and-philippines/5/195776
SMBC To Reinforce Biz Cooperation In Cambodia, S.Africa
Megabank Sumitomo Mitsui Banking Corp. said Tuesday that it will boost business collaboration with Acleda Bank, Cambodia’s leading commercial bank, and Absa Bank in South Africa, Japan’s Jiji Press reported. The Sumitomo Mitsui Financial Group Inc. unit said it has dispatched a staff member to a ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1007470
Singapore's Phillip Capital acquires Malaysian-owned Cambodian bank
The Singapore-based Phillip Capital Group has purchased a Malaysian-owned Hwang-DBS Commercial Bank in Cambodia for 40 million U.S. dollars and rebranded it as Phillip Bank on Thursday, a bank’s chief said. Phillip Bank’s chairman Lim Hua Min said the Phillip Capital Group, which is an Asian ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=237941