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Bonus agreement in garment worker strike

Zhen Yong Garment Factory Co Ltd has agreed to some of the demands of about 400 workers who went on strike last week, including paying annual bonuses early next month Prum Veasna, deputy of the labor dispute department at the labor ministry, said yesterday that the ...

http://www.phnompenhpost.com

Thousands of civil servants access free healthcare

Nearly 10,000 civil servants and those who had retired from service were treated in hospital in the first six months of the year after healthcare insurance for these groups came into effect. The National Social Security Fund said it was registering with more state clinics and ...

Sen David
https://www.khmertimeskh.com/50514562/thousands-of-civil-servants-access-free-healthcare/

Sihanoukville tourism First half of 2018 sees 1.3M visitors

The Preah Sihanouk provincial Department of Tourism says Preah Sihanouk province received more than 1.3 million tourists during the first semester of this year. Of this, over one million were domestic tourists and 290,782 foreign, with Chinese accounting for 84,664 – up 10.12 per cent ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-tourism-first-half-2018-sees-13m-visitors

Angkor Gold exploring oil and gas potential in Cambodia

Cambodia-focused mineral exploration company Angkor Gold is actively pursuing oil and gas opportunities in Cambodia in addition to its current roster of mineral exploration projects. The Canadian-listed explorer has been in operation in the Asian nation since 2012, closing 10 deals with a combined value of US$19.50 million within ...

Georgia Williams
https://investingnews.com/daily/resource-investing/energy-investing/oil-and-gas-investing/angkor-gold-exploring-potential-cambodia/

Capital fish farms to relocate

Owners of fish farms in Boeung Samrong lake located in Phnom Penh’s Sen Sok district have been ordered to leave by the municipal authority. The Phnom Penh authority on Monday issued a notice ordering the owners of fish farms in the lake to move within ...

Long Kimmarita
https://www.phnompenhpost.com/national/capital-fish-farms-relocate

Hun Manet leads thousands in first military exercise as commander

The Royal Cambodian Army on Saturday kicked off its first live-fire exercise, the Golden Hanuman 2019, in Kampot province with more than 2,000 soldiers ascending upon a 10,000-hectare training ground for the annual training. Lieutenant General Hun Manet, army commander, inspected troops and heavy armour, ...

Ben Sokhean
https://www.khmertimeskh.com/50600946/hun-manet-leads-thousands-in-first-military-exercise-as-commander/

More than 30K palm tree seeds planted near Lao border in Stung Treng

Some 30,000 palm tree seeds were planted on Monday along a 10km stretch of National Road 7 leading to the Cambodia-Laos border in Stung Treng province. The seeds were planted on both sides of the road between post markers 040 and 042, the Stung Treng ...

Khorn Savi
https://www.phnompenhpost.com/national/more-30k-palm-tree-seeds-planted-near-lao-border-stung-treng

Cambodia highlights opportunities, challenges of upcoming ASEAN Community

Cambodian Foreign Minister Hor Namhong on Wednesday underscored the major opportunities and challenges of the ASEAN Community, which will be realized by the end of this year. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-10/14/c_134713139.htm

Major set to open 100 cinemas next year

SET-listed Major Cineplex Group Plc has earmarked 1.2 billion baht to open 100 new cinemas nationwide next year in a bid to boost revenue by 10-15%.The investment budget will not cover further expansion in Cambodia, Laos, Myanmar and Vietnam, which will be made through partnerships ...

Nanat Suchiva
http://www.bangkokpost.com/business/news/778761/major-set-to-open-100-cinemas-next-year

Gov't figures show Cambodia's mobile internet usage continues to rise

The number of people in Cambodia accessing the Internet from their mobile devices increased by 1.3 million during a 10-month period last year, though the number of mobile phone subscribers increased by just over 4,500 during the same period, according to figures released last week by the ...

Joshua Wilwohl
http://www.forbes.com/sites/joshuawilwohl/2016/02/25/govt-figures-show-cambodias-mobile-internet-usage-continues-to-rise/#144870ea5fb7

Museum funded by North Korea in Cambodia ready to open

A museum bankrolled by North Korea on Cambodia’s tourist trail in Siem Reap is ready to open, according to local media.The $10 million Grand Panorama Museum sits near Cambodia’s famous Angkor Wat temple complex and is scheduled to open on December 4. ...

Leo Byrne
http://www.nknews.org/2015/11/museum-funded-by-north-korea-in-cambodia-ready-to-open/

Finance for women easier

Acleda Bank, a leading locally-owned commercial bank, has received a $30 million loan from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, through Goldman Sachs’ 10,000 Women and the International Finance Corporation’s (IFC) Banking on Women program for supporting women-owned small ...

May Kunmakara
http://www.khmertimeskh.com/news/31993/finance-for-women-easier/

PM backs war against malaria

Prime Minister Hun Sen called for renewed effort to wipe out malaria in Cambodia by 2025 in a message to mark World Malaria Day on Tuesday. There were 23,627 cases of malaria in the country last year, a decrease of 54 percent compared with 2015, which ...

Mom Kunthear
http://www.khmertimeskh.com/news/37826/pm-backs-war-against-malaria/

60,000 register to vote in one week

Nearly 60,000 people have registered to vote in next year’s national election during the first week of registration. Hang Puthea, spokesman for the National Election Committee, said yesterday that 59,185 people across the country went to register from September 1 to September 10. Voter registration runs ...

Khy Sovuthy
http://www.khmertimeskh.com/5082540/60000-register-vote-one-week/

Lenders foresee challenges in raising the local currency ratio

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-foresee-challenges-raising-local-currency-ratio

Cambodia-Vietnam trade nears $2 bn

Trade between Vietnam and Cambodia exceeded US$1.9 billion (Bt60 billion) in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday The news conference coincided with Thursday’s opening of a five-day trade fair promoting high-quality Vietnamese goods and the association’s ...

http://www.nationmultimedia.com/aec/Cambodia-Vietnam-trade-nears-$2-bn-30189110.html

AHAVA expanding to 7 more countries

AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...

http://www.ynetnews.com/articles/0,7340,L-4291229,00.html

Canadia Bank backs a rice mill in Takeo

Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy US$3 million in milling equipment, and the total cost of ...

http://www.phnompenhpost.com/index.php/2012053156500/Business/canadia-bank-backs-a-rice-mill-in-takeo.html

Construction Permits Down, but Revenues Up

The number of construction permits issued by the Ministry of Land Management in the first quarter of this year came close to par for the same period last year, declining just 10 issuances to 489, according to ministry data released yesterday. Despite the slight drop, capital generated from those ...

Lucky supermarket opens three more branches

Amid growing urbanisation, Lucky Supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city. With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lucky-supermarket-opens-three-more-branches

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