Holiday clemency requested for 900 prisoners
The names of more than 900 prisoners have been put forward to receive pardons and sentence reductions during next month’s Khmer New Year festivities, officials said yesterday. The inmates were selected by the Ministry of Interior and their cases are now being assessed by the Ministry ...
Chhay Channyda
http://www.phnompenhpost.com/holiday-clemency-requested-900-prisoners
Vietnam tops auction to supply rice to NFA
Vietnam offered Friday the lower price for the additional rice supply that the Philippines will import to increase its buffer stock for the lean season, the National Food Authority said. NFA earlier invited Cambodia, Thailand and Vietnam to supply an additional 250,000 metric tons of rice ...
Anna Leah E. Gonzales
http://bit.ly/1QgImol
Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market
Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...
Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market
Rocket Internet launches e-commerce site in Cambodia
A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...
http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html
South Korea to approve $1.5b loan to develop Cambodia’s economy
Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...
Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy
Microfinance to tap into WASH sector
A partnership between Cambodia Microfinance Association (CMA) and Water.org aims to increase access to safe water and sanitation nationwide by offering incentives to finance the sector. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-microfinance-to-tap-into-wash-sector
NGO calls for extension of maternity leave in Kingdom
The Scaling Up Nutrition Network (SUN), which represents more than fifty national and international civil society organisations and the SUN UN network, which represents four agencies, offered their congratulations to the government for recent workshops held to promote breastfeeding and the introduction of increased maternity ...
Post staff
https://www.phnompenhpost.com/national/ngo-calls-extension-maternity-leave-kingdom
SERC combat illegal investment schemes
The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes
Third minimum wage negotiation – Employers agree to $2 now as employees reduce to $10
The third textile, garment, footwear and travel goods minimum wage negotiation for 2025 has yet to reach a consensus, even though employers representatives raised their offer from $1 to $2, while union representatives dropped their rate from $14 to $10. ...
Sovann Sreypech and Pou Soreachny
https://cambojanews.com/third-minimum-wage-negotiation-employers-agree-to-2-now-as-employees-reduce-to-10/
GMAC says new labour policy could hurt business
The Garment Manufacturers Association in Cambodia yesterday issued a statement asking for the Labour Ministry to reconsider its intent to amend article 89 concerning worker protection and severance pay. ...
Mom Kunthear
https://www.khmertimeskh.com/50491048/gmac-says-new-labour-policy-could-hurt-business/
Business leaders urged to curb plastic bag use
Senior Environment Ministry officials have urged owners of big businesses to help cut the use of plastic bags to reduce damage on the environment and people’s health. Tin Ponlok, secretary-general of the ministry’s national council for sustainable development, addressed the problem at a training workshop ...
Pech Sotheary
https://www.khmertimeskh.com/50493621/business-leaders-urged-to-curb-plastic-bag-use/
International business group urges respect for labour rights
A group of international business associations representing garment, footwear and travel goods buyers have called on the government to improve labour and human rights conditions in the Kingdom in the face of possible preferential trade agreement changes by the United States and European Union. In February, ...
Ben Sokhea
https://www.khmertimeskh.com/50594400/international-business-group-urges-respect-for-labour-rights/
Minister details online business registration plans to parliament
Commerce Minister Sun Chanthol told parliament Monday of plans to overhaul the current system of registering a business in Cambodia, an often slow and corrupt process, by moving the entire system online, where registration will open on December 7. ...
Kang Sothear
https://www.cambodiadaily.com/news/minister-details-online-business-registration-plans-to-parliament-98389/
Developers ink master plan for central business district
Australian-listed property developer Kingsland Global Ltd has entered into a master cooperation agreement with a subsidiary of local developer Shukaku Inc to develop 10,000 square metres of prime real estate in Phnom Penh’s “central business district”, it announced Friday in a filing to the ASX. ...
Kali Kotoski
http://www.phnompenhpost.com/business/developers-ink-master-plan-central-business-district
Gov’t urges business to invest in power
The government is calling for more private investment in the energy sector to meet rising demand from households and industry, a senior official from state-owned Electricite Du Cambodge (EDC) said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/21856//
Mills busy as new rice crop rolls in
Cambodia rice exports saw a small rebound in October, notching up 12 per cent as compared to a year earlier, as harvests from the delayed rainy-season planting began to reach the nation’s rice mills. ...
Ananth Baliga
http://www.phnompenhpost.com/business/mills-busy-new-rice-crop-rolls
Cambodia-China business forum held in Phnom Penh
Cambodia launched an economic cooperation forum here on Thursday, aimed to further promote bilateral trade, investment and tourism relations with China, officials said. ...
Xinhua Team
http://news.xinhuanet.com/english/2016-03/24/c_135220339.htm
Ministries announce new regulations for foreign business owners
The Ministry of Interior and the Ministry of Labor have imposed new regulations and legal conditions on foreign investment and businesses in Cambodia, with the ministries requiring foreign-owned companies to file correct legal papers and to strictly follow Cambodia’s immigration and labor laws, including foreign ...
Mom Kunthear
http://www.khmertimeskh.com/news/23349/ministries-announce-new-regulations-for-foreign-business-owners/
Ministry wants tourism businesses to accept Chinese Yuan
The Tourism Ministry has started urging businesses and tour operators to accept Chinese yuan notes as part of a drive to attract tourists from China, sparking concern among some business owners who fear losses and fake currency. ...
Kang Sothear and Michael Dickison
https://www.cambodiadaily.com/news/115814-115814/
Small businesses help Cambodia’s growth, entrepreneur says
In recent years, Cambodia has seen a surging number of small and medium-sized businesses, driven by young entrepreneurs. As of 2011, there are estimated 530,000 SMEs in Cambodia, but many lack access to capital to build strong and innovative businesses. ...
Ten Soksreinith
http://www.voacambodia.com/content/small-business-help-cambodia-growth-entrepreneur-says/3105535.html