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Expanding investment networks: Cambodia-UAE forum set for ‘24

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United arab Emirates for the first quarter of next year. <a href='https://opendevelopmentcambodia.net/news/expanding-investment-networks-cambodia-uae-forum-set-for-24/ ' class='cambodia-color'>...a>

Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24

Cambodia promotes the establishment of an association to develop the silk sector

Cambodia promotes the establishment of local silk associations such as the Samrong District Silk association in Takeo Province, the Khmer Handicraft Centre association in Kampong Thom Province, the Viseth Tevy Silk Sector Development association, the Women Weaver Silk Support and Development association, as well as <a href='https://opendevelopmentcambodia.net/news/cambodia-promotes-the-establishment-of-an-association-to-develop-the-silk-sector/ ' class='cambodia-color'>...a>

Khmer Times Staff
https://www.khmertimeskh.com/501339021/cambodia-promotes-the-establishment-of-an-association-to-develop-the-silk-sector/

Insurance claims through the roof

Partly triggered by recent flood damage and an increase in road accidents, claims filed with the six general insurance companies in Cambodia spiked more than 160 per cent in the nine months through to September compared with the same time last year, the latest data <a href='https://opendevelopmentcambodia.net/news/insurance-claims-through-the-roof/ ' class='cambodia-color'>...a>

Chan Muy Hong
http://www.phnompenhpost.com/business/insurance-claims-through-roof

Kingdom has high hopes over UK trade privilege retention

Cambodia’s government is hoping to retain its preferential trade status with the UK after it left the European Union. <a href='https://opendevelopmentcambodia.net/news/kingdom-has-high-hopes-over-uk-trade-privilege-retention/ ' class='cambodia-color'>...a>

Chhut Bunthoeun
https://www.khmertimeskh.com/50686838/kingdom-has-high-hopes-over-uk-trade-privilege-retention

Cambodia launches code of banking practices

The National Bank of Cambodia ( NBC), which is the regulator of the banking and finance industry, promulgated the Code of Banking Practices on Monday with an aim of further building confidence of the public in the industry, officials said. The sector had received a <a href='https://opendevelopmentcambodia.net/news/cambodia-launches-code-of-banking-practices/ ' class='cambodia-color'>...a>

Shanghai Daily News Staff
http://shanghaidaily.com/article/article_xinhua.aspx?id=268881

Huawei opens ICT training centre in Cambodia

China’s Huawei and Cambodia’s National Institute of Posts, Telecommunications and Information Communication Technology (NIPTICT) have opened a Huawei authorized Information and Network academy (HaINa) in the country. Huawei has now extended its HaINa program to more than 130 universities worldwide. <a href='https://opendevelopmentcambodia.net/news/huawei-opens-ict-training-centre-in-cambodia/ ' class='cambodia-color'>...a>

Cellular News Staff
http://www.cellular-news.com/story/Technology/68360.php

Sub-decree could back evicted villagers’ claims

A little-publicized sub-decree signed in July And discovered by the Post yesterdAy in An NGO dAtAbAse rAises questions As to whether the eviction on SAturdAy of six ethnic Kuoy fAmilies in PreAh ViheAr wAs in contrAvention of An order by Prime Minister Hun Sen. <A href='https://opendevelopmentcAmbodiA.net/news/sub-decree-could-bAck-evicted-villAgers-clAims/ ' clAss='cAmbodiA-color'>...A>

Jack Davies and Kong Meta
http://www.phnompenhpost.com/national/sub-decree-could-back-evicted-villagers-claims

Climate change costs growing

The economic impact of climate change in Cambodia could be highly damaging to rural areas and worker productivity, according to a report from american development agency USaID, which applied climate projections for 2050 to today’s Mekong Basin economies. <a href='https://opendevelopmentcambodia.net/news/climate-change-costs-growing/ ' class='cambodia-color'>...a>

Charles Rollet
http://www.phnompenhpost.com/climate-change-costs-growing

ILO, Cambodian garment manufacturers agree to eliminate child labor

Child labor has been a problem plaguing Cambodia for years, and a new agreement between the International Labour Organization’s Better Factories Cambodia (BFC) and the Garment Manufacturers association in Cambodia (GMaC) is the latest effort to eradicate it. “The agreement emphasizes collaboration between BFC and <a href='https://opendevelopmentcambodia.net/news/ilo-cambodian-garment-manufacturers-agree-to-eliminate-child-labor/ ' class='cambodia-color'>...a>

Tara Donaldson
https://www.sourcingjournalonline.com/ilo-cambodian-garment-manufacturers-agree-eliminate-child-labor-td/

Cross-border insurance to be compulsory

Tourist buses and commercial vehicle operators crossing over the Cambodia-Vietnam border will soon be required by law to have insurance in both countries or risk being denied entry, a bilateral agreement signed on Tuesday states. In an effort to meet requirements stipulated in the aSEaN 2015 <a href='https://opendevelopmentcambodia.net/news/cross-border-insurance-to-be-compulsory/ ' class='cambodia-color'>...a>

Chan Muyhong
http://www.phnompenhpost.com/business/cross-border-insurance-be-compulsory

Kingdom-Malaysia trade tops $500M

Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. <a href='https://opendevelopmentcambodia.net/news/kingdom-malaysia-trade-tops-500m/ ' class='cambodia-color'>...a>

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m

Jubilation as Pair Acquitted of Union Leader’s Assassination

Born Samnang and Sok Sam Oeun, the men wrongfully sentenced to 20 years in prison for the 2004 murder of Free Trade Union (FTU) leader Chea Vi­chea, were exonerated Wednesday by the Supreme Court of the crime. Responding to the acquittal, Chea Vichea’s brother, Chea Mony, <a href='https://opendevelopmentcambodia.net/news/jubilation-as-pair-acquitted-of-union-leaders-assassination/ ' class='cambodia-color'>...a>

Khy Sovuthy
http://www.cambodiadaily.com/news/jubilation-as-pair-acquitted-of-union-leaders-assassination-43396/

Cambodian Sommeliers Head to Singapore for Regional Contest

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s <a href='https://opendevelopmentcambodia.net/news/cambodian-sommeliers-head-to-singapore-for-regional-contest/ ' class='cambodia-color'>...a>

http://www.cambodiadaily.com/news/cambodian-sommeliers-head-to-singapore-for-regional-contest-40504/

Vietnam-Cambodia Friendship Association seeks to expand role

In an effort to expand its role and promote friendship between Vietnam and Cambodia, the Vietnam-Cambodia Friendship association (VCFa) organised a meeting with the Steering Committee for the Southwestern Region (SCSR) here on Monday, Vietnam News agency (VNa) reported. <a href='https://opendevelopmentcambodia.net/news/vietnam-cambodia-friendship-association-seeks-to-expand-role/ ' class='cambodia-color'>...a>

Bernama News Staff
http://www.bernama.com.my/bernama/v8/wn/newsworld.php?id=1150688

Are Cambodia and Laos really any closer to resolving their border dispute?

Cambodia and Los have again agreed to work together to resolve the issue of their disputed border area. This time, two countries decided to set up a coordination mechanism at the departmental level to facilitate the work, while seeking more frequent meetings between the board committees of <a href='https://opendevelopmentcambodia.net/news/are-cambodia-and-laos-really-any-closer-to-resolving-their-border-dispute/ ' class='cambodia-color'>...a>

Tae-jun Kang
https://thediplomat.com/2018/05/are-cambodia-and-laos-really-any-closer-to-resolving-their-border-dispute/

Cambodia's H1 garment exports up 10.73 pct, projected strong this year

Cambodia’s garment exports grew by 10.73 percent in the first half of 2018 and are projected to remain strong despite a European Union threat to withdraw duty-free trading access, official data showed on Wednesday. <a href='https://opendevelopmentcambodia.net/news/cambodias-h1-garment-exports-up-10-73-pct-projected-strong-this-year/ ' class='cambodia-color'>...a>

Prak Chan Thul
https://www.reuters.com/article/us-usa-stocks/nasdaq-confirms-correction-while-sp-500-and-dow-erase-2018-gains-idUSKCN1MY1LZ

Kingdom’s startups stuck in the middle with no capital

Despite Cambodia having a vibrant startup scene with entrepreneurs launching ventures on a near daily basis, businesses trying to tap into financial resources for growth have difficulty accessing capital and are stuck in the unbankable “missing middle”, according to a recent study. <a href='https://opendevelopmentcambodia.net/news/kingdoms-startups-stuck-in-the-middle-with-no-capital/ ' class='cambodia-color'>...a>

Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-startups-stuck-middle-no-capital

Big strides for savings in MFIs

Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates. The seven microfinance institutions licensed to take deposits collected $209 million <a href='https://opendevelopmentcambodia.net/news/big-strides-for-savings-in-mfis/ ' class='cambodia-color'>...a>

Hor Kimsay
http://www.phnompenhpost.com/business/big-strides-savings-mfis

Protesting capitol bus drivers attacked

A bloody scuffle in Phnom Penh on SAturdAy left scores injured After protesting bus drivers And their supporters were brutAlly set upon by A rivAl AssociAtion Armed with sticks, metAl bArs And hAmmers. <A href='https://opendevelopmentcAmbodiA.net/news/protesting-cApitol-bus-drivers-AttAcked/ ' clAss='cAmbodiA-color'>...A>

Pech Sotheary
http://www.phnompenhpost.com/national/protesting-capitol-bus-drivers-attacked

Cambodia’s trade with China crosses $8 billion

China remained the biggest trading partner of Cambodia in the January to august period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. <a href='https://opendevelopmentcambodia.net/news/cambodias-trade-with-china-crosses-8-billion/ ' class='cambodia-color'>...a>

Manoj Mathew
https://www.khmertimeskh.com/501359586/cambodias-trade-with-china-crosses-8-billion/

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