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Two accused over suspected fake shower lotion

Two Vietnamese men appeared in Kompong Chhnang Provincial Court on Monday for allegedly selling bottles of fake shower lotion. Nguyen Yang Nhik, 24, and Lam Thai Chou, 36, were arrested with 31 boxes of fake shower lotion at the Kompong Tralach district market on Saturday, police ...

Hay Pisey
http://www.cambodiadaily.com/news/two-accused-over-suspected-fake-shower-lotion-60324/

Media Groups Call On ‘Political Elite’ to Protect Reporters

More than a dozen journalism and hu­man rights groups have called on Cambodia’s political forces to protect journalists and guarantee citizens’ access to an open and unobstructed press during the current political unrest. In a statement released Wednesday, the Cambodian Center for Independent Media, along with ...

Lindsey Peterson
http://www.cambodiadaily.com/news/media-groups-call-on-political-elite-to-protect-reporters-45436/

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Graduates fear career jobs woe

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

http://www.phnompenhpost.com/2013021261305/Business/graduates-fear-career-jobs-woe.html

NBC calls on MFIs to spread risk

The National Bank of Cambodia was pushing microfinance institutions to look to domestic banks for funding in an industry heavily reliant on foreign loans, experts said yesterday. Although the NBC is seeking to foster healthier relationships between MFIs and the Kingdom’s commercial banks, a dearth of ...

http://www.phnompenhpost.com/index.php/2011090951563/Business/nbc-asks-mfis-to-diversify.html

Press release on facilitating the US Dollar banknote circulation

On 2 August 2024, the National Bank of Cambodia issued a press release on facilitating the US Dollar banknote circulation on their official website. According to the press, all banking and financial institutions and money changers throughout Cambodia will be required to accept old or ...

National Bank of Cambodia

Download: pdf

Acleda takes out $10 Million

Acleda Bank has signed a $US10 million loan agreement   with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...

http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html

GDT requires tax invoice amounts shown in local riel

The General Department of Taxation (GDT) has ordered that all taxpayers show the total amount of their tax invoices in Cambodian riel. The change will come into effect on April 1. The GDT instruction issued on Monday indicates that tax invoices are required to show ...

Hor Kimsay
https://www.phnompenhpost.com/business/gdt-requires-tax-invoice-amounts-shown-local-riel

About 1,000 migrants sent home

About 1,000 Cambodians allegedly working illegally in Thailand were arrested and deported after the Thai government declared an end to a grace period for labourers, a member of the official receiving committee at the border in Poipet said Monday. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/about-1000-migrants-sent-home

Government to open embassies in Ankara, Sofia

The Cambodian government will open an embassy in the Republic of Turkey next year, a statement issued by the Ministry of Foreign Affairs said on Friday. ...

Kong Meta
https://www.phnompenhpost.com/national/government-open-embassies-ankara-sofia

Psychology department sees decrease in students

The Royal University of Phnom Penh’s department of psychology has seen a decrease in students and its dean has blamed a lack of human resources and decreased interest in the subject. Phan Chan Pov, dean of the psychology department at the university, said there are ...

Sen David
https://www.khmertimeskh.com/50544908/psychology-department-sees-decrease-in-students-2/

Minister urges officials to speed up ID scheme

Officials responsible for issuing new identity cards, which every adult will eventually need, must get a grip on the task and speed up, the Ministry Of Interior said yesterday.In an “instruction” to staff, Interior Minister Sar Kheng said the number Of new ID cards issued ...

Pech Sotheary
http://www.phnompenhpost.com/national/minister-urges-officials-speed-id-scheme

Garment unions say strike threat is on table

A coalition of garment industry unions reiterated warnings yesterday that they will launch nationwide strikes calling for better conditions if Minister of Labour Ith Sam Heng refuses to negotiate on previous demands. ...

Mom Kunthear
http://www.phnompenhpost.com/national/garment-unions-say-strike-threat-table

1,600 fired garment workers demand jobs back after strike

About 100 garment workers from a factory in Takeo province that supplies German sports brands Puma and Adidas protested in front of the Labor Ministry Wednesday to demand the reinstatement of about 1,600 staff fired last month for striking over inadequate benefits. ...

Sek Odom
https://www.cambodiadaily.com/news/1600-fired-garment-workers-demand-jobs-back-after-strike-100064/

Italy to set up chamber of commerce

Italy will set up a chamber of commerce in Cambodia this year with the aim of promoting and strengthening trade and investment opportunities in the kingdom.   ...

Sok Chan
http://www.khmertimeskh.com/news/34290/italy-to-set-up-chamber-of-commerce/

Government establishes working group to tackle faintings

Health Minister Mam Bun Heng yesterday announced the formation of a working group to address mass fainting, a day after the premier raised the issue at a meeting with garment workers, though relevant officials had few details on the group’s objectives. ...

Kuoch Masy
http://www.phnompenhpost.com/national/government-establishes-working-group-tackle-faintings

Industrial sector grows, but still reliant on garment factories

The government released a summary of the country’s industrial sector over the past five years, showing a marked increase in growth across a wide variety of indicators. The report, released by the Ministry of Industry and Handicrafts (MIH) last week, lacks specific data but shows a ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/industrial-sector-grows-still-reliant-garment-factories

Union claims casino labour abuse

The Collective Union of Movement of Workers has sent a letter to the Ministry of Labour seeking intervention over abusive working conditions for staffers at a casino in Banteay Meanchey province’s Poipet town. ...

Sen David
http://www.khmertimeskh.com/5099378/union-claims-casino-labour-abuse/

CCC inks 18 MoUs with Chinese firms

The Cambodia Chamber of Commerce (CCC) on Thursday signed 18 memorandums of understanding (MoUs) with a visiting delegation of Chinese business leaders from 24 firms. They involved various forms of cooperation. ...

Hin Pisei
https://www.phnompenhpost.com/business/ccc-inks-18-mous-chinese-firms

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