Cambodians shun banks: World Bank report
Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...
http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html
Private sector leaders to meet with Hun Sen
The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...
Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0
More positive outlook for Kingdom’s economy
Global financial institutions have provided a more positive outlook for Cambodia’s economic outlook because the country has been far less affected by COVID-19 than others. Cambodia’s Ministry of Economy and Finance (MEF) claimed that the prediction is based at least in part on the government’s ...
Sorn Sarath
https://www.khmertimeskh.com/50773770/more-positive-outlook-for-kingdoms-economy/
Three ministries watch internet from today to prevent ‘social chaos’
Three ministries have jointly warned the public that as of Thursday, they will act against social media users and websites found spreading “fake news disturbing social security and causing chaos, confusion and a loss of trust in the upcoming [July 29 national] elections”. Fake news ...
Mech Dara
https://www.phnompenhpost.com/national/three-ministries-watch-internet-today-prevent-social-chaos
Ocean settles as other worker strikes gain steam
Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...
Sek Odom
http://www.cambodiadaily.com/news/ocean-settles-as-other-worker-strikes-gain-steam-64619/
Committees to ‘Research’ Minimum Wages, ‘Study’ Killings
Prime Minister Hun Sen on Friday assigned former Finance Minister Keat Chhon as the head of a newly formed committee tasked with researching the government’s capacity to introduce wage increases for civil servants and factory workers. The statement said that Mr. Hun Sen also spoke ...
Kuch Naren
http://www.cambodiadaily.com/news/committees-to-research-minimum-wages-study-killings-50431/
Laos plans new consulate
Laos plans to establish consulate general in Siem Reap province to boost bilateral cooperation with Cambodia through tourism and trade, a senior official from Ministry of Foreign Affairs said on Wednesday. “Tourism from Laos is increasing annually, so Lao PDR will establish a general consulate based ...
Chan Muyhong
http://www.phnompenhpost.com/business/laos-plans-new-consulate
Ministries switch up new office
The Ministry of Interior has asked the government to grant what would have been the new location of the Ministry of Environment in Meanchey district’s Niroth commune to the newly created General Departments of Identification and Immigration instead, according to an official spokesman. ...
May Titthara
http://phnompenhpost.com/national/ministries-switch-new-office
Cambodia has shortage of capable human resource
The number of people seeking for jobs has been on the rise each day. However, companies, organizations and institutions are relentlessly complaining that human resource is both scarce and of low quality. Many students who have just graduated for about a year or two say they ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=OTNiZWMzYWFjMzU
Ministry: SMEs vital to economy, but 95% not registered
Small and Medium Enterprises (SMEs) are key factors in the Kingdom’s industrial sector growth, but around 95 per cent of Cambodia’s SMEs have not been properly registered, the Ministry of Industry and Handicraft said on Friday. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-smes-vital-economy-95-not-registered
SMEs urged to comply with tax changes
The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, said ...
Sok Chan
http://www.khmertimeskh.com/news/38595/smes-urged-to-comply-with-tax-changes/
Council of Ministers Nullifies Telecom Law
The Council of Ministers has nullified a 2009 law that set minimum prices on telephone calls, paving the way for regulators to reset the country’s telecommunications prices, which industry executives say are too high. The law, Prakas 232, which has been widely flouted, set a minimum ...
Hul Reaksmey and Joshua Wilwohl -
http://www.cambodiadaily.com/business/council-of-ministers-nullifies-telecom-law-49573/
Garment Workers Go Back on Strike Over Unpaid Wages
Thousands of garment workers from four factories have gone back on strike this week to protest a decision by their employers to withhold pay for the days they did not work during recent nationwide strikes. Between 8,500 and 12,500 workers at four factories—two in Phnom Penh, ...
Aun Pheap
http://www.cambodiadaily.com/news/garment-workers-go-back-on-strike-over-unpaid-wages-50580/
Groups appeal to gov’t to pass traffic law
The Cambodia Red Cross, NGOs and traffic accident victims Thursday marked annual road safety week by appealing to the government to quickly pass a new traffic law in an effort to reduce road accidents. The Ministry of Justice must still review the new traffic law ...
Ben Sokhean
http://www.cambodiadaily.com/archives/groups-appeal-to-govt-to-pass-traffic-law-56448/
Prisoners queue up for possible New Year's pardons
More than 600 of the Kingdom’s inmates could be released or see their sentences reduced this Khmer New Year if the King responds favourably to a request made yesterday by the Ministry of Interior’s General Department of Prisons, officials said. Kuy Bunsorn, director general of the ...
May Titthara
http://www.phnompenhpost.com/national/prisoners-queue-possible-new-years-pardons
Migrants skipping gov’t plan for Thai alternative
The number of Cambodian migrant workers in Thailand has risen to 190,000 thanks to the new one-stop service centers set up across the border, Cambodia’s Ministry of Labor said Wednesday. Labor Ministry spokesman Heng Suor said about 190,000 migrant workers—some with a full complement of legal ...
Hul Reaksmey
http://www.cambodiadaily.com/news/migrants-skipping-govt-plan-for-thai-alternative-65903/
Labor minister to face lawmakers’ questions
Labor Minister Ith Sam Heng has agreed to appear before lawmakers today to answer questions about ongoing minimum wage negotiations for garment workers, a controversial draft union law and other pressing labor issues, according to the opposition CNRP. ...
Mech Dara
http://www.cambodiadaily.com/news/labor-minister-to-face-lawmakers%e2%80%88questions-69768/
Disabled education lacking
In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...
Rebecca Moss
http://www.phnompenhpost.com/national/disabled-education-lacking
PM urges authorities to improve waste management services
Prime Minister Hun Manet has instructed the relevant ministries and institutions to provide services and guidelines to properly manage waste in accordance with the technical specifications at the local level throughout the country. ...
Hang Punreay
https://www.khmertimeskh.com/501390111/pm-urges-authorities-to-improve-waste-management-services/
NBC introduces overnight lending facility
The National Bank of Cambodia (NBC) has introduced a marginal lending facility (MLF) to address the short-term liquidity needs of banking and financial institutions in emergency situation to carry out their business operations. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-introduces-overnight-lending-facility