Fainting factory told to act
Another garment factory within the International Labour Organisation’s Better Factories program was hit by a mass fainting incident yesterday. More than 50 employees of Heart Enterprise (Cambodia) Co Ltd began collapsing soon after starting their shift at the facility, in Phnom Penh’s Dangkor district. An ...
http://www.phnompenhpost.com/index.php/2011090151398/National-news/fainting-factory-told-to-act.html
Social Enterprises in Cabodia
Cambodia’s economic growth has been on the rise following the global downturn on 2008-2009 and experts say that the private sector is largely responsible for that growth. However, those same experts also acknowledge that the profits generated by companies operating in Cambodia aren’t trickling down ...
Food Imports See Big Jump
CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...
http://www.phnompenhpost.com/index.php/2011082351201/Business/food-imports-see-big-jump.html
Investment law to be revised
The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...
http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html
Cambodia launches National Council on Green Growth
Cambodia on Tuesday officially inaugurated the National Council on Green Growth, aiming at developing a sustainable economic society with natural resource and environment sustainability. Cambodia has adopted several legal instruments for the green growth implementation. Those included the roadmap for green growth, the memorandum of ...
http://news.xinhuanet.com/english/world/2013-03/19/c_132246075.htm
Blackouts to end soon: EdC
Blackouts in Phnom Penh will no longer be a problem after an energy source near Sihanoukville starts providing an extra 50 megawatts of coal-fired power to the city next month, the director-general of Electricite du Cambodge (EdC) said. Keo Rottanak said by mid-June at the latest ...
http://www.phnompenhpost.com/2013052765845/Business/blackouts-to-end-soon-edc.html
Court Questions Chinese National’s Over Chemical Seizure
The Phnom Penh Municipal Court yesterday questioned five Chinese nationals after they were arrested during a seizure of more than 106 tons of chemicals police suspect were intended for the production of illegal drugs. The four men and one woman who were arrested on Tuesday, claimed ...
http://www.cambodiadaily.com/news/court-questions-chinese-nationals-over-chemical-seizure-15642/
PH to import rice from Cambodia
Just recently, the Philippines government signed a memorandum of agreement (MOA) on rice trade with the Kingdom of Cambodia to pave the way for the National Food Authority (NFA) to import rice from that country for the next two years. The Department of Foreign Affairs (DFA) ...
http://www.mb.com.ph/article.php?aid=6537&sid=1&subid=1#.UWIeFaKj2xA
Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...
Thai border SEZs set for discussion next month
In an effort to boost trade activity between Thailand and Cambodia, both countries will discuss plans for two special economic zones along the Thai-Cambodian border next month, according to the secretary of state at the Cambodian Ministry of Foreign Affairs on Monday. “It will provide us ...
Hor Kimsay and Anne Renzenbrink
http://www.phnompenhpost.com/2013052965902/Business/thai-border-sezs-set-for-discussion-next-month.html
S. Korea's Booyoung to build new town in Cambodia
Booyoung Co., a mid-sized South Korean conglomerate, said Tuesday that it broke ground for one of the largest housing projects in Cambodia, a project Cambodia hopes to spur foreign investments. Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square ...
http://english.yonhapnews.co.kr/business/2013/05/07/45/0501000000AEN20130507006500320F.HTML
Japanese bank to boost local investments
Japanese Bank of Tokyo-Mitsubishi UFJ (BTMU) signed an agreement yesterday with local Canadia Bank to shore up Japanese growth in Cambodia and to demonstrate its confidence in the Kingdom’s financial sector. BTMU’s managing executive officer, Takami Onodera, and Pung Kheav Se, chairman of Canadia Bank, yesterday ...
http://www.phnompenhpost.com/2013051065537/Business/japanese-bank-to-boost-local-investments.html
Mizuho bank links up with Maybank and Canadia
Japan-based Mizuho Bank (MHBK) has signed an agreement with two well-established banks in Cambodia that is designed to help Mizuho leverage a wider range of financial services when dealing with Japanese clients. The memorandum of understanding was inked on Friday in Phnom Penh between Mizuho’s president ...
May Kunmakara
http://www.phnompenhpost.com/business/mizuho-bank-links-maybank-and-canadia
ជប៉ុន នឹងផ្ដល់ហិរញ្ញប្បទានឥតសំណង ដើម្បីគាំទ្រដល់ការអង្កេតវាស់វែងសុរិយោដី និងការចុះបញ្ជីដីធ្លី
នៅថ្ងៃទី២៤ ខែតុលា ឆ្នាំ ២០២៣ ក្រសួងការបរទេស និងសហប្រតិបត្តិការអន្តរជាតិបានចេញសេចក្តីប្រកាសព័ត៌មានស្តិពីជប៉ុន នឹងផ្ដល់ហិរញ្ញប្បទានឥតសំណង ដើម្បីគាំទ្រដល់ការអង្កេតវាស់វែងសុរិយោដី និងការចុះបញ្ជីដីធ្លីនៅគេហទំព័រផ្លូវការរបស់ខ្លួន។ឯកឧត្តម សុខ ...
ក្រសួងការបរទេស និងសហប្រតិបត្តិការអន្តរជាតិ
New Law to Support the Creation of Farmers’ Cooperatives
Agriculture Ministry officials said yesterday that they would soon complete a new law to regulate and support the creation of farmers’ cooperatives. They said the law would allow farmers to organize cooperatives, which could improve their market position and allow access to financial and technical ...
Yingluck adds fuel to gas talks
Deputy Prime Minister and head of the Cambodian National Petroleum Association Sok An has called for the resumption of talks with Thailand over the disputed overlapping claims area in the Gulf of Thailand, believed to be rich in oil and natural-gas reserves. The oil industry had ...
Labor Ministry official's link to agency sparks controversy
Amid mounting concerns over labor recruitment agencies’ treatment of migrant workers, new links were discovered yesterday between agencies and the officials that regulate them, as a daughter of a senior Labor Ministry official was found to be running a major recruitment firm. Nhem Chakrya, deputy director ...
Officials ignore call for special small and medium enterprises bank
Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...
Angkor Wat site in danger: Deputy PM
In a rare acknowledgement of deforestation concerns, Deputy Prime Minister Sok An, chairman of the National Commission for UNESCO, said the widespread clearing of forests around Angkor Wat was harming views of the historic temple complex. Sok An made the remarks in Siem Reap at a ...
http://www.phnompenhpost.com/index.php/2012120760153/National-news/temple-site-in-danger-dpm.html
Factory pay protest continues
Workers at the shuttered Yung Wah I and II factories in Kandal province will continue protesting today, despite the government already agreeing to pay them using company funds. Worker Soy Sokchea said yesterday that he and his colleagues would keep demanding benefits and seniority bonuses. ...
http://www.phnompenhpost.com/2013021861414/National/factory-pay-protest-continues.html