Study set to streamline customs procedures in Cambodia
Customs procedures are being examined in a time-release study to identify issues that can affect Cambodia’s trade competitiveness. According to experts, the study is an important tool to improve the Kingdom’s investment climate. The study will be conducted and organised by the GDCE with support ...
France helps Microfinance and Hevea Sector
Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia. A financing agreement of 800,000 Euros (1 ...
Bavet City garment strikes gain momentum
Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...
Mech Dara
http://www.cambodiadaily.com/news/bavet-city-garment-strikes-gain-momentum-57447/
Cambodia’s first national MSME Day: Navigating opportunities and challenges
Tomorrow (June 27), Cambodia will celebrate its first national day of micro, small and medium enterprises (MSME Day 2024), a sector that stands at a critical juncture of opportunities and challenges. ...
Hong Raksmey
https://www.phnompenhpost.com/business/cambodia-s-first-national-msme-day-navigating-opportunities-and-challenges
Man who slapped schoolgirl claims he has mental illness
A man who entered a Phnom Penh high school and slapped a teenager who had been fighting with his daughter told the municipal court on Friday that he was mentally ill and had lied about working at the Council of Ministers, hoping it would protect ...
Sek Odom
https://www.cambodiadaily.com/news/man-who-slapped-schoolgirl-claims-he-has-mental-illness-87334/
GMS cross-border pact on hold
Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...
Sok Chan
http://www.khmertimeskh.com/news/28140/gms-cross-border-pact-on-hold/
PM stresses budget allocation to step up economic growth
Prime Minister Hun Sen said future leaders of Cambodia and government institutions must allocate a budget for infrastructure projects that would help expedite economic growth. ...
Kang Sothear
https://www.khmertimeskh.com/501299917/pm-stresses-budget-allocation-to-step-up-economic-growth/
New charge, same verdict for activist
The Supreme Court on Friday upheld a conviction against a staffer from the rights group Licadho for allegedly distributing leaflets insulting government leaders and the king, but changed the charge against him from disinformation to incitement. Leang Sokchouen was convicted in August 2010 for allegedly distributing ...
Cambodian competitiveness ranks low in global market
As Asean heads toward greater economic integration, Cambodia remains one of the least competitive countries in the world.A country is competitive when it can attract investment and sell and supply goods and services for export at an accelerating rate. According to the World Economic Forum ...
Ten Soksreinith
http://www.voacambodia.com/content/cambodian-competitiveness-ranks-low-in-global-market/3050170.html
Kingdom readies for major EAEU meet
Cambodia is due to host the 3rd Joint Working Group Meeting of the Cambodia-Eurasian Economic Union (EAEU) Commission on September 7-8, which will focus on trade and investment cooperation. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-readies-major-eaeu-meet
Tackle issues early to ensure growth: IMF official
Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...
Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official
Banks see growth in Q1
Loans and deposits at Cambodia’s 31 commercial banks grew 35 per cent and 25 per cent respectively during the first quarter of the year on what insiders called increased soundness in the Kingdom’s financial sector. Outstanding loans at the end of March hit US$4.6 billion, according ...
http://www.phnompenhpost.com/index.php/2012061256735/Business/banks-see-growth-in-q1.html
Video talks set stage for crucial EAEU FTA meet
The Kingdom’s technical team and its Eurasian Economic Commission (EEC) counterpart recently assembled to share thoughts and opinions as both parties prepare for the third round of preliminary working-level talks toward formally launching free trade agreement (FTA) negotiations and expand trade markets and investments. ...
May Kunmakara
https://www.phnompenhpost.com/business/video-talks-set-stage-crucial-eaeu-fta-meet
Svay Rieng Workers Strike Again, Throw Rocks
Police briefly detained 13 garment factory workers on Thursday after about 20,000 workers, some throwing rocks, continued a strike that began Monday in Svay Rieng province’s Bavet City over wages and working conditions, a union official and police said. Union leaders had on Wednesday evening agreed ...
Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/svay-rieng-workers-strike-again-throw-rocks-49506/
Registration of garment factories up in first half
The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft. The report also showed that the garment sector employed 733,300 workers ...
Daniel de Carteret
http://www.phnompenhpost.com/business/registration-garment-factories-first-half
Training offer for new councillors
The Ministry of Interior plans to offer training courses to new commune councillors, Interior Minister Sar Kheng revealed yesterday after a closed-door meeting with National Election Committee officials. ...
Khy Sovuthy
http://www.khmertimeskh.com/5066121/training-offer-new-councillors/
SMEs set to boost the Kingdom’s economy
More than 100 local small and medium enterprises (SMEs) were registered during the first three quarters of this year, and officials expect the government’s tax incentive policy for SMEs to boost growth, said a Ministry of Industry and Handicraft report. The SMEs – 105 of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/smes-set-boost-kingdoms-economy
Over 83 pct of Cambodia's urban dwellers have access to clean water: minister
More than 83 percent of Cambodia’s urban residents have currently access to clean water, up from only 60.5 percent in 2012, Minister of Industry and Handicraft Cham Prasidh said on Thursday. ...
Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=331482
One province, one SME zone
Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...
Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/
Electric proposal Usage-based plan to lower power rates
Cambodia’s electricity regulator is set to roll out seven new plans designed to reduce electricity fees beginning in April and through 2020, with some fees dropping as low as 480 riel per kilowatt hour. ...
Yesenia Amaro and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/electric-proposal-usage-based-plan-lower-power-rates