Final Wage Offer for Garment Workers Is $75
The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...
NEC delegation returns from France with offers of support
The National Election Committee (NEC) will consider requesting support from France as it prepares to administer the July national election, its senior official said, noting that the French counterparts want to see the poll take place in a manner acceptable to all parties and in ...
Ry Sochan
https://www.phnompenhpost.com/national/nec-delegation-returns-france-offers-support
Minister Says Set Phone Call Prices ‘Temporary’
The minister of posts and telecommunications on Monday insisted an edict ordering the country’s seven mobile phone operators to abide by a law that sets minimum prices for calls is only temporary. Prak Sokhon, the newly-appointed posts and telecommunications minister, said the order was necessary because ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/minister-says-set-phone-call-prices-temporary-48975/
Cambodian garment export earns 5.53 bln USD in 2013
Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm
On the World Cup clock
It’s day seven of the FIFA World Cup, and the night staff at Phnom Penh’s popular Score Sports Bar and Grill are looking a bit sleep-deprived. Score is paying its staff “very well” in extra wages during the World Cup for the long nights they ...
Kevin Ponniah
http://www.phnompenhpost.com/national/world-cup-clock
The great land giveaway
More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...
http://www.phnompenhpost.com/index.php/2012032355211/National-news/the-great-land-giveaway.html
Cambodians flock to the net
Internet use in Cambodia grew a staggering 414 per cent since January 2014, but penetration still remains relatively low at 25 per cent, according to a new report from a Singapore-based consultancy firm. The Digital, Social and Mobile in APAC 2015 report, published yesterday by We ...
Ananth Baliga
http://www.phnompenhpost.com/cambodians-flock-net
New Cambodian Ambassadors Told to Counter CNRP ‘Distortion’
CPP National Assembly President Heng Samrin has ordered Cambodia’s newest ambassadors to Asia and Europe to go on a public relations offensive against mounting news abroad that the country’s respect for democracy and human rights is slipping. Cambodian security forces have shot dead seven people ...
Sek Odom and Zsombor Peter
http://www.cambodiadaily.com/news/new-cambodian-ambassadors-told-to-counter-cnrp-distortion-51099/
Cambodia says LDCs need more time for service industries
Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries ...
Obama's chief trade advisor to visit Cambodia, meet ASEAN ministers
The United States Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Cambodia’s Siem Reap province on Aug. 30-31 to participate in the 44th ASEAN Economic Ministers’ meetings and the ASEAN-U.S. Business Summit, according to a press release from the U.S. Embassy ...
Cambodia, US share concerns over Lao dam
Following a meeting with a visiting U.S. diplomat on Wednesday, Ministry of Foreign Affairs Secretary of State Ouch Borith said the U.S. shares Cambodia’s concerns about a controversial hydropower dam Laos is planning to build on the Mekong River. Cambodia and Vietnam both fear that the ...
Eang Mengleng
http://www.cambodiadaily.com/news/cambodia-us-share-concerns-over-lao-dam-67238/
‘Only paying lip service’
Prime Minister Hun Sen yesterday accused the opposition Cambodia National Rescue Party of hypocrisy, claiming that although the CNRP has pushed garment workers to strike for no less than a $160 minimum wage, party leaders pay their own bodyguards, drivers and cooks half that. Opposition leader ...
May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/national/%E2%80%98only-paying-lip-service%E2%80%99
Barriers remain for Southeast Asia’s economic integration plans
Efforts to integrate of Southeast Asia’s economies are beginning to bear fruit, experts say, although there is some way to go before the goal of turning the region into a single market and production base can be reached. ...
Ten Soksreinith
http://www.voacambodia.com/content/barriers-remain-for-southeast-asia-economic-integration-plans/3190571.html
EU Draft Memo Defended Voter List Margin of Error
Audits of the voter list which claimed that up to 1 million people could lose their right to vote in the July 28 national election were attributed to an “unavoidable margin of error” due to many citizens not having national identity cards or a permanent ...
http://www.cambodiadaily.com/elections/eu-draft-memo-defended-voter-list-margin-of-error-32909/
Malaysian firms urged to venture into Cambodia's agri sector
Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...
http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244
Tourism board mulling fresh tourism strategy
Cambodia Tourism Marketing and Promotion Board, a joint institution between the government and the private sector, is studying a new strategy to attract more foreign visitors to the Kingdom, Minister of Tourism Thong Khon said. ...
Hin Pisei
https://www.phnompenhpost.com/business/tourism-board-mulling-fresh-tourism-strategy
GMAC boycotts workshop on minimum wages
A would-be tripartite workshop intended to improve the garment sector’s minimum wage setting process closed Friday, with the industry’s most influential player, the Garment Manufacturers Association in Cambodia (GMAC), boycotting the talks at Phnom Penh Hotel. The two-day workshop would have been the first meeting between ...
Matt Blomberg
http://www.cambodiadaily.com/news/gmac-boycotts-workshop-on-minimum-wages-57430/
Thaksin gives government some friendly economic advice
Hours after arriving for his latest visit to the country, former Thai Prime Minister Thaksin Shinawatra on Saturday urged Cambodia to increase state spending in infrastructure and education and to modernize the country’s financial system, according to media reports. Local reporters were quickly ushered out of ...
Export figures up 42% in 2011
Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...
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