Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
Low China demand may keep local rubber prices down until 2015
Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...
Ha Tien Vegas Casino closes due to bankruptcy
Ha Tieng casino in Kampot province, Bordering with Vietnam was closed due to bankruptcy after there were no gamblers. According to the source, there were about 2 000 staffs laid off. Gamblers are Vietnamese but when Vietnamese government banned its people from going to gamble ...
Water investors criticise return
Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...
Hor Kimsay
http://www.phnompenhpost.com/2013041165029/Business/water-investors-criticise-return.html
Beware risk with ASEAN investment
Members of the Association of Southeast Asian Nations (ASEAN) have become magnets for Chinese investment amid the global economic slump. Among the most recent deals, Hunan Province-based Xinyuan Mining Co Ltd bought a license to exploit a 28 million square meter gold mine in Cambodia, and ...
NGOs push for more international pressure
Civil society groups yesterday urged the international community to put more pressure on the government to ensure the safety of prisoners arrested in recent crackdowns and to prevent further police and military violence against civilians. At a press conference yesterday morning, images of soldiers beating and ...
Sean Teehan and May Titthara
http://www.phnompenhpost.com/national/ngos-push-more-international-pressure
Families demand more dam compensation
Representatives of more than 250 ethnic Lao families in Stung Treng province, near the border with Laos, met under a mango tree Monday and decided to reject a compensation package offered by the developer of the Lower Sesan II dam. In January, the government approved a ...
Aun Pheap
http://www.cambodiadaily.com/news/families-demand-more-dam-compensation-56034/
Provincial governors get RCAF promotions
The governors of Siem Reap and Kompong Chhnang provinces have been promoted in the military, according to a royal decree signed last month. The decree, which was signed by King Norodom Sihamoni and dated April 24, promotes Siem Reap governor Khim Bunsong from major general to ...
Kang Sothear
http://www.cambodiadaily.com/news/provincial-governors-get-rcaf-promotions-58615/
Viet Nam to boost textile and garment exports
Viet Nam expects to raise its textile and garment production by 20 per cent in order to boost the sector’s export value by US$4 billion to $28.3 billion this year. Viet Nam also intends to step up its textile and garment exports by 13 per ...
Viet Nam News Staff
http://vietnamnews.vn/economy/266663/viet-nam-to-boost-textile-and-garment-exports.html
Workers storm factory, attack managers
Thousands of unionists protesting their dismissal clashed with managers at a footwear factory in Kompong Cham province Monday morning, leaving at least two Taiwanese supervisors with head injuries. About 2,000 workers—who were fired from the Juhui footwear factory in Choeung Prey district last month over demonstrations ...
Ben Sokhean
http://www.cambodiadaily.com/news/workers-storm-factory-attack-managers-69209/
Commute deadly: gov’t
Garment workers continue to die in traffic accidents on their way to and from the factory, a new report highlighting the deadly commute in Cambodia’s largest industry shows. In the report, titled The Dangerous Journey of Garment Workers in 2014, the Ministry of Labour’s National Social ...
Exports soar 24% in first two months
Cambodian exports soared 24 per cent year-on-year to $2.563 billion in the first two months of this year, despite the reverberating local and global effects of the Covid-19 pandemic. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-soar-24-first-two-months
Task of creating voter list kicks off
A crucial time-saving function of the new digital voter registration system may not have been taught to the more than 2,000 computer operators who today will begin the task of registering Cambodia’s nearly 10 million eligible voters, it has emerged. After months of preparation, and several ...
Bun Sengkong, Shaun Turton and Daniel Nass
http://www.phnompenhpost.com/national/task-creating-voter-list-kicks
More than two million people benefit from NSSF: Prime Minister
Prime Minister Hun Sen on the 134th of International Labour Day said more 2.1 million people including workers, employee, and public officials have received benefits from the National Social Security Fund (NSSF) since 2008. ...
Va Sonyka
https://www.khmertimeskh.com/50719325/more-than-two-million-people-benefit-from-nssf-prime-minister/
Cambodia expects to be landmine-free within 5 years
The Cambodian government will deploy 2,000 soldiers to train as deminers after Western nations, led by the United States, bolstered efforts to rid the country of landmines and other unexploded ordnance by 2025. ...
Luke Hunt
https://www.voacambodia.com/a/5635885.html
Khmer Rouge’s Ao An dies
Ao An, a former senior Khmer Rouge official and suspect in Case 004/2 of the Extraordinary Chambers in the Courts of Cambodia (ECCC), died at the age of 87 in Battambang province, according to ECCC spokesperson Neth Pheaktra. ...
Niem Chheng
https://www.phnompenhpost.com/national-kr-tribunal/khmer-rouges-ao-dies
Australia pledges more aid for ECCC
Australia has announced to provide up to AUD 2 million over the next two years through the United Nations to help conclude the Khmer Rouge Tribunal (ECCC)’s legal proceedings and, importantly, to support the Tribunal’s archiving and community outreach mechanisms. ...
Khmer Times Staff
https://www.khmertimeskh.com/50816078/australia-pledges-more-aid-for-eccc/
Cambodia’s vaccination coverage reach an amazing 23 percent
The vaccination coverage against COVID-19 pandemic in Cambodia rose to almost 23 percent or some 2,280,875 of the planned 10 million people to be vaccinated, as of May 24. ...
Khmer Times Staff
https://www.khmertimeskh.com/50862220/cambodias-vaccination-coverage-reach-an-amazing-23-percent/
Cash benefits paid out to over 5,000 women who gave birth in May
In the first five months of this year, the government provided 10 billion riel ($2.46 million) through the National Social Security Fund (NSSF) to 25,867 low-income female workers who gave birth to 26,057 babies. ...
Mom Kunthear
https://www.phnompenhpost.com/national/cash-benefits-paid-out-over-5000-women-who-gave-birth-may
Single Portal enters second year
More than 6,000 businesses with over $2.6 billion in capital have been registered with the government’s online Business Registration Platform in just one year since its launch, according to the Ministry of Economy and Finance. ...
Thou Vireak
https://www.phnompenhpost.com/business/single-portal-enters-second-year