Latest garment export figures show growth
Garment and footwear exports earned $3.92 billion over the first eight months of 2014, up more than 7 percent year-on-year, according to new figures from the Ministry of Commerce. The latest numbers show a slowdown after year-on-year earnings for the first six months of the year ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/business/latest-garment-export-figures-show-growth-69546/
Unlicensed lenders called out
Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside Of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry Of Economy and Finance and the National Bank Of Cambodia on Monday, authorities ...
Hor Kimsay
http://www.phnompenhpost.com/business/unlicensed-lenders-called-out
Gov’t advises to bundle up
As Cambodia braces for a cold snap expected to last through early January, the Ministry of Health on Sunday evening urged citizens to take precautions against common winter maladies. In a joint statement with the World Health Organization (WHO), the ministry warned that the Kingdom is ...
Pech Sotheary
http://phnompenhpost.com/national/gov%E2%80%99t-advises-bundle
Six unionists arrested, released in Bavet City over incitement
Six union organizers were arrested in Svay Rieng province Wednesday while distributing letters to workers in an attempt to refute rumors that their union had taken cash in exchange for not protesting over the firing of eight of their members, according to the union and ...
Ben Sokhean
https://www.cambodiadaily.com/news/six-unionists-arrested-released-in-bavet-city-over-incitement-77403/
Cambodia's rubber exports up 33 pct last year
Cambodia recorded a 33 percent rise in dry rubber exports volume in 2014, but the revenue decreased by 8 percent due to a plunge in global rubber price, according to figures from the Ministry of Commerce on Saturday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150207/cambodias-rubber-exports-33-pct-last-year
Factory to reopen after mass faintings
A garment factory in Svay Rieng province where more than 100 workers fainted in recent days invited six monks to drive out the building’s “bad spirits” on Tuesday and will reopen on Wednesday after agreeing to improve the facility’s ventilation. ...
Ben Sokhean
https://www.cambodiadaily.com/news/factory-to-reopen-after-mass-faintings-78169/
Maid agencies want deal with Cambodia approved
Recruitment agencies are pressing for an MoU on Cambodian domestic maids to be approved, saying it had been stuck at the Malaysian side for several months. They said the Cambodian government was ready to lift the ban imposed in 2011, but lamented that Malaysian authorities were ...
P. Aruna
http://bit.ly/1OXuegx
ACU guidelines short on details
Cambodia’s Anti-Corruption Unit launched a guidebook for businesses last week to create internal systems to prevent corrupt practices, but certain stakeholders say it doesn’t detail how to create these systems or even address systemic or bureaucratic corruption. The new guidebook, which the Anti-Corruption Unit (ACU) created ...
Chan Muyhong
http://www.phnompenhpost.com/business/acu-guidelines-short-details
NBC and NSSF joining hands in investment management
The National Bank of Cambodia (NBC) and the National Social Security Fund (NSSF) have entered into a partnership on social security planning, investment management and human resource development. ...
May Kunmakara
https://phnompenhpost.com/business/nbc-and-nssf-joining-hands-investment-management
Deal on food investment signed with Australia
Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID) at the Council for the Development of Cambodia (CDC), aimed at creating jobs and improving standards in farming. ...
Michael Firn
https://www.khmertimeskh.com/50944283/deal-on-food-investment-signed-with-australia/
Kingdom-Japan trade groups to step up cooperation
he Cambodia Chamber of Commerce (CCC) and Japan External Trade Organisation (Jetro) in Cambodia have agreed in-principle to examine the possibility of signing a memorandum of understanding (MoU) in the near future, to strengthen and deepen cooperation on investment and trade between the two nations. ...
Nov Sivutha
https://www.phnompenhpost.com/business/kingdom-japan-trade-groups-step-cooperation
Cambodia-Vietnam trade grows 13.6% in Q1
Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-grows-136-q1
Application for 9th Global Youth Camp opens
Application for youths to participate in the Ministry of Education, Youth and Sport’s 9th Global Youth Camp is now open. ...
Torn Vibol
https://www.khmertimeskh.com/501342662/application-for-9th-global-youth-camp-opens/
RAC announce launch of modernised Khmer dictionary
The National Council for Khmer Language (NCKL) has announced the publication of an updated Khmer dictionary. Available in both book form and a digital format that can be used on mobile phones and computers, the compiling of the dictionary was completed last year. ...
Kim Yutharo
https://www.phnompenhpost.com/national/rac-announce-launch-modernised-khmer-dictionary
Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
Hun Many lauds contributions to ‘successful’ Angkor Sangkran
Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...
Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran
Cambodia, Malaysia team up on capital markets development
The Cambodian and Malaysian securities regulators are joining hands to facilitate better regulatory, supervisory and enforcement cooperation, as well as to develop both ASEAN nations’ securities markets, while factoring in the “growing globalisation and cross-border activities of regulated entities and persons in both countries”, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-malaysia-team-capital-markets-development
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
PM pushes for commercial, labour courts in next five-year mandate
Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...
Van Socheata
https://www.phnompenhpost.com/national/pm-pushes-commercial-labour-courts-next-five-year-mandate
Chinese-owned Kratie tyre plant gets CDC’s nod
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod