90 Garment Factory Workers Faint Over Two-Day Period
About 90 garment factory workers fainted over a two-day period last week at Zhen Tai garment factory in Sen Sok district’s Phnom Penh Thmei commune, union officials and police said yesterday, though accounts of what caused the mass fainting differed. Thirty workers first fainted on ...
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...
Staff Protest Corruption at Telecom Cambodia
The director-general of Telecom Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...
http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/
Anti-Eviction Protesters Continue to Rally Outside US Embassy
Insisting on a response from American authorities, more than 100 eviction protestors from Phnom Penh continued to rally outside the U.S. Embassy yesterday and resubmitted a petition asking for President Barack Obama to address their land rights when he visits the country next week. Since confirmation ...
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Kingdom to reach rice target
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
PM Defends Interest Rates
Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...
http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html
US Taxman Provides Investigation Training
The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...
http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/
Kampot’s famous pepper goes global
When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...
http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global
China's Huaneng takes majority stake in Se San River II hydro project, Cambodia
China Huaneng Group has successfully completed the acquisition of a majority 51% stake in Cambodia Se San River II Hydropower Co., Ltd. The acquisition was completed last month in Phnom Penh, the capital of Cambodia. ...
Water Power and Dam Construction News Staff
http://www.waterpowermagazine.com/news/newschinas-huaneng-takes-majority-stake-in-se-san-river-ii-hydro-project-cambodia-4183165
Open Development Cambodia publishes a new map layer on "Public Universities of Cambodia"
Open Development Cambodia (ODC) has just published a new online resource detailing on Public Universities of Cambodia in two languages, Khmer and English. With this new resource, the map illustrates the 29 locations of “Public Universities” with address, contact information, and faculties available in each university in nationwide.=>The page can ...
PPWSA sets an IPO date
Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...
Follow-up IPOs still on track
Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Notification of the offers on employment and training services, technical expertises and professions to Khmer laborers, who just returned from the Kingdom of Thailand
Ministry of Labour and Vocational Training is honored to inform Khmer laborers, newly returned from the Kingdom of Thailand, as well as the public to know that the Ministry has prepared mobile information booths of the National Employment Agency and the General Directorate of Education, ...
Ministry of Labor and Vocational Training
Japan offers $310M in grants, loans to boost development
Japan is providing $310 million in development aid to Cambodia to help bolster the country’s economy. About $42.7 million will be delivered as aid, while the rest will be packaged into soft loans which Cambodia has to repay, but on very favourable terms. ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-offers-310m-grants-loans-boost-development
Australian organic enterprise to offer Cambodian farmers overseas training experience
An Australian organic farming firm is offering jobs to Cambodians. The news came out at a meeting between Lexmin Pty Cambodia CEO Robert K Chelliah and Agriculture Minister Veng Sakhon yesterday. ...
Michael Firn
https://www.khmertimeskh.com/50908111/australian-organic-enterprise-to-offer-cambodian-farmers-overseas-training-experience/
Financial support offered to pregnant civil servants
FacebookTwitterEmailShareThe government will expand its support programme to female civil servants and contract workers who become pregnant, as enjoyed by pregnant garment workers to alleviate hardship and reduce poverty in Cambodia. ...
Hang Punreay
https://www.khmertimeskh.com/501316552/financial-support-offered-to-pregnant-civil-servants/