Workers demand bonus increase, labor laws
About 7,000 workers protested in front of the Wing Star Shoes Co. Ltd. factory in Kompong Speu province on Monday, demanding that the company raise their bonuses by $5 and properly enforce a number of labor laws, a union official said. The strike comes ten months ...
Aun Pheap
http://www.cambodiadaily.com/news/workers-demand-bonus-increase-labor-laws-54431/
Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'
Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...
Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play
Ministry swapped in deal with timber magnate
In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...
Aun Pheap and Alex Consiglio
http://www.cambodiadaily.com/news/ministry-swapped-in-deal-with-timber-magnate-59216/
Cambodian parliament panel chief questions management of Angkor Wat revenue
A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html
Timber by the numbers
Cambodia’s foremost logging baron exported more than 100,000 cubic metres of timber from Sihanoukville Port last year, likely including a species protected by an international treaty to which the Kingdom is a signatory, an analysis by Global Witness of leaked export records suggests. The data, obtained ...
Daniel Pye
http://www.phnompenhpost.com/national/timber-numbers
Bidding for personalised number plates to be capped at $860 million
Minister of Public Works and Transport Sun Chanthol on Tuesday launched a bidding system of the sale of personalised number plates for vehicles. Speaking during the launch, Chanthol said bidding will start at between two million and more than one billion riel ($500 and more ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/bidding-personalised-number-plates-be-capped-860-million
China giant looks to Kingdom
Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...
http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html
Exports rise in value, lower imports
Cambodian total export values amounted to $5.9 billion, a year-on-year increase of 11.7 percent in the first five months of this year. The value of Cambodia’s total imports amounted to $8.1 billion, a decrease by 1 percent in the same period, compared with 2019, according ...
Sok Chan
https://www.khmertimeskh.com/50749966/exports-rise-in-value-lower-imports/
Cambodia and South Korea trade valued at $884 million
The bilateral trade between Cambodia and South Korea was valued at $884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported $317 million of products to South ...
Chea Vanyuth
https://www.khmertimeskh.com/50804885/cambodia-and-south-korea-trade-valued-at-884-million/
Manet holds bilateral talks with ASEAN counterparts
Prime Minister Hun Manet met bilaterally with the leaders of several ASEAN member states on the sidelines of the bloc’s 43rd summit in Indonesia, with the intention of strengthening relations and cooperation. On September 4, ahead of the start of the September 5-7 summit, Manet ...
Ry Sochan
https://phnompenhpost.com/national-politics/manet-holds-bilateral-talks-asean-counterparts
SME Bank to allocate $50 million in funds for Siem Reap tourism boost
The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...
May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost
Sihanoukville Runs Dry During Water Crisis
A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...
http://www.cambodiadaily.com/news/sihanoukville-runs-dry-during-water-crisis-16609/
Calm, mostly, prevails
Although International Human Rights Day ended in the forceful eviction of protesters from outside the US embassy last night, monks and their supporters who spent days marching to the capital met with no opposition in the morning as they defied a ban on marching to ...
Post Staff
http://www.phnompenhpost.com/national/calm-mostly-prevails
Cambodia Decides to Keep Reserve Rate at 12 Per Cent
The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of ...
Cambodia telco growth in 3G
Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...
http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html
National Census Identifies Half-Million Businesses
Cambodia has a total of 505,134 businesses supported by a workforce of 1,676,263, just 11.56 percent of the total population, according to a nationwide economic census released yesterday by the Ministry of Planning. Of the total number of people employed in the country, 1,026,084, or 61.2 ...
Hul Reaksmey and Philip Heijmans, P.1
Thai Rice Policy: Wait and See
Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...
Local administrations allocated $900M
The government has allocated more than 3.5 trillion riel (nearly $900 million) for sub-national level administrations throughout the Kingdom to develop their localities for next year. The figure is an increase of $276 million compared to this year. The allocation was announced during the National Workshop ...
Mech Dara
https://www.phnompenhpost.com/national/local-administrations-allocated-900m
Index Shows Little Progress in Gender Equity
Cambodia has made almost no progress over the past six years when it comes to gender equality, and is still the lowest-ranked country in the region, according to the World Economic Forum’s 2012 Gender Gap Index. Ranked 103 out of 135 countries surveyed, Cambodia placed last ...
http://www.cambodiadaily.com/news/index-shows-little-progress-in-gender-equality-4777/
Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html