News

Unions tout ‘living wage’ ahead of minimum wage talks

Unions meeting on Friday arrived at an estimated cost-of-living salary for garment workers ahead of minimum wage talks, one remarkably similar to the monthly wage they’ve demanded two years running, though suggested the final number they push for will be higher. ...

Sen David and Erin Handley
http://www.phnompenhpost.com/national/unions-tout-living-wage-ahead-minimum-wage-talks

Timber sales to Vietnam still strong despite ban

More than $85 million worth of timber was exported from Cambodia to Vietnam during the first half of the year, according to Vietnamese customs data, despite a blanket ban Cambodia has placed on all timber exports to its eastern neighbor. ...

Zsombor Peter
https://www.cambodiadaily.com/news/timber-sales-to-vietnam-still-strong-despite-ban-116378/

Loan for silos in limbo

There seems to be no definite period of when a $300 million loan from the Chinese government, to build large silos to store rice for milling, will be disbursed to the Cambodian government. ...

Sum Manet
http://www.khmertimeskh.com/news/28139/loan-for-silos-in-limbo/

SEZs hold key to economic corridor growth

Industrial parks that offer special privileges to companies that operate inside them play a dominant role in attracting investment in the region, but countries must focus more on building up their infrastructure and human resources to take advantage of increased connectivity, development experts said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/sezs-hold-key-economic-corridor-growth

New condo aimed at local investors

Star5 Development and the Skyland Company have formed a joint venture, with approximately $20 million in investment capital, to develop an affordable condominium named Skyland Condo aimed at local investors. ...

Sum Manet
http://www.khmertimeskh.com/news/28095/new-condo-aimed-at-local-investors/

China, Thailand tourist arrivals start rising

The number of tourist arrivals from China and Thailand rose in the first six months of the year while arrivals from Vietnam, South Korea and Laos dropped, according to a senior official at the Ministry of Tourism. ...

Sok Chan
http://www.khmertimeskh.com/news/28092/china--thailand-tourist-arrivals-start-rising/

New ISP aims to compete on quality, not low pricing

Cambodia’s newest internet service provider (ISP), Today Communication, will join a busy market when it begins offering its services in Phnom Penh on Saturday. However, the company hopes that its focus on providing quality service, especially to businesses, will distinguish it from more than 30 ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/new-isp-aims-compete-quality-not-low-pricing

MoL to consider ratifying maids’ rights convention

The Ministry of Labour has said it will consider the Independent Democracy of Informal Economy Association (IDEA)’s request to ratify an International Labour Organization convention on domestic workers’ rights.   ...

Sen David
http://www.phnompenhpost.com/national/mol-consider-ratifying-maids-rights-convention

Refugee deal alive and well, ministry says

Australian Ambassador Angela Corcoran and Cambodian Foreign Affairs Minister Prak Sokhonn reaffirmed their two countries’ commitment to a controversial and unpopular refugee resettlement deal they struck in 2014, a spokesman for the minister said on Thursday. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/refugee-deal-alive-and-well-ministry-says-116304/

Refugee deal dead in the water

The new Australian ambassador to Cambodia praised the Kingdom yesterday for taking in refugees from the island nation of Nauru, where Australia has controversially held refugees against their will in appalling living conditions in an effort to stop others from seeking asylum there. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/28112/refugee-deal-dead-in-the-water/

PM ready to maroon island investors

Prime Minister Hun Sen ordered his officials to revoke the licenses of any investment and construction firms found doing little or nothing with the islands or land they said they would develop. ...

Ven Rathavong
http://www.khmertimeskh.com/news/28106/pm-ready-to-maroon-island-investors/

Angkor temple dress code now in effect

At 8 a.m. on Thursday, Lin Sampho picked up an Australian tourist from a Siem Reap City hotel to take her to the Angkor Archaeological Park for a morning trek through the site’s ancient temples. ...

Phan Soumy and Janelle Retka
https://www.cambodiadaily.com/news/angkor-temple-dress-code-now-in-effect-116300/

PM discusses airport, taxi station

Prime Minister Hun Sen yesterday ordered the cancellation of all documents related to relocating a taxi station in Kampong Speu province and also refuted talk of an airport being constructed in the province. ...

Ven Rathavong
http://www.khmertimeskh.com/news/28111/pm-discusses-airport--taxi-station/

Prime Minister puts island projects on notice

Prime Minister Hun Sen used his Facebook page this week to order his government to revoke the project licenses of companies failing to develop islands off the coast of Cambodia, or—worse—trying to sell them off to others. ...

Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-puts-island-projects-on-notice-116299/

Police searching for military officer who trafficked statue

Police in Banteay Meanchey province are searching for a military officer who illegally bought a centuries-old statue head of the Hindu deity Shiva from a farmer who unearthed it, officials said on Thursday. ...

Ben Sokhean
https://www.cambodiadaily.com/news/police-searching-for-military-officer-who-trafficked-statue-116303/

Firms flimsy on corporate governance

Cambodia has an opportunity to improve its corporate governance, addressing issues in this field that are increasingly important to international companies considering investment, an official from the International Finance Corporation (IFC) has said. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/firms-flimsy-corporate-governance

Official asks to extend Pchum Ben

A civil society official has asked the National Election Committee (NEC) to cooperate with the Labor Ministry to give public servants, private sector employees, garment workers and migrant workers five more days off after the Phcum Ben festival for voter registration. ...

Mom Kunthear
http://www.khmertimeskh.com/news/28105/official-asks-to-extend-pchum-ben/

State President welcomes Cambodian Senior Minister

President Trần Đại Quang hosted a reception in Hà Nội yesterday for Cambodia’s Senior Minister and Minister of Cults and Religion, Him Chhem, during which he stressed the need for the two countries to boost religious cooperation in bilateral and multilateral frameworks. ...

Viet Nam News
http://vietnamnews.vn/politics-laws/300579/state-president-welcomes-cambodian-senior-minister.html#WEOSRtzhVAbORK3O.97

Villagers storm Kratie military police compound, take truck

An angry mob stormed a military police compound in Kratie province on Wednesday to retrieve two trucks loaded with wood that were confiscated for not having proper licenses, and two villagers were seriously injured, a rights worker claimed. ...

Aun Pheap
https://www.cambodiadaily.com/news/villagers-storm-kratie-military-police-compound-take-trucks-116262/

Derivatives licences handed out

Cambodia’s capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally regulate the inherently risky financial instrument and provide investors with more options to earn profits.   ...

Kali Kotoski
http://www.phnompenhpost.com/business/derivatives-licences-handed-out

Novel ATM service for the ‘unbanked’

With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”. ...

Kali Kotoski
http://www.phnompenhpost.com/business/novel-atm-service-unbanked

Education official did ‘not rape,’ minister says

Education Minister Hang Chuon Naron on Wednesday defended the decision not to expel a senior official from the ministry after he was arrested for sexually assaulting his interpreter during a visit to South Korea in May, saying the crime was not serious—“not rape.” ...

Janelle Retka
https://www.cambodiadaily.com/news/education-official-did-not-rape-minister-says-116242/

Garment truck crashes in Kompong Speu; 39 injured

A truck packed with garment workers traveling to factories in Kompong Speu province overturned on Wednesday while attempting to avoid another truck crossing the road, injuring 39 women, including a dozen who suffered broken arms and legs, officials said. ...

Phan Soumy
https://www.cambodiadaily.com/news/garment-truck-crashes-in-kompong-speu-39-injured-116263/

Nearly $4M spent on national exam: Minister

Education Minister Hang Chuon Naron said yesterday that about $4 million was being spent on the upcoming national exam and that strict rules will ensure a fair contest. “Each candidate costs an estimated 140,000 riel [$35] that the ministry will spend for whole process of the ...

San Bunsim
http://www.khmertimeskh.com/news/28046/nearly--4m-spent-on-national-exam--minister/

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