The week at the CSX: Nov 26th - Dec 5th
Stock trading at the Cambodia SecuritieS Exchange of the only publicly liSted company, Phnom Penh Water Supply Authority, Slightly fluctuated in termS of both trading volume and price in the laSt five trading dayS from Nov. 26 to Dec. 5. On Nov. 26, one day before SS='cambodia-color'>...
ADB announces 3-year pipeline to boost develpment in Cambodia
The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.s. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ss='cambodia-color'>...
http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm
Cambodia inaugurates China-financed new container terminal
Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun sen and Chinese Ambassador to Cambodia ss='cambodia-color'>...
http://news.xinhuanet.com/english/china/2013-01/22/c_132119517.htm
Minimum wage may rise for Cambodian garment workers
The Cambodia’s Ministry of Labour has scheduled a meeting on February 26 with representatives of various unions to discuss the new minimum wage for garment workers in the country. However, the Ministry expects the various workers’ unions to agree on what the new wage should ss='cambodia-color'>...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120969
Hun Sen Asks Asean to Protect Migrant Workers
Prime Minister Hun sen yesterday repeated a call for Asean countries to put a stop to the exploitation of migrant workers and urged the acceleration of efforts to provide protection for such workers. At the Asean summit last month, Mr. Hun sen said that protecting the ss='cambodia-color'>...
Police Surround Homes in Search of Alleged Secessionists
Dozens of police in search of two Kratie province “secessionist ringleaders” surrounded the homes of two of their relatives in Kompong Cham province for nearly 12 hours yesterday while threatening those inside, a relative of the two men said. The alleged secessionist movement has been used ss='cambodia-color'>...
Premier has deal for 'secessionists'
An alleged accomplice of “secessionist” leader Bun Ratha has confessed and been granted immunity as a witness, Prime Minister Hun sen said yesterday, a deal he left on the table for any of the four remaining fugitives who are willing to co-operate, including Ratha. Warrants for ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012062757047/National-news/pm-deal-for-secessionists.html
Campu and Acleda Post Strong Earnings for First Six Months
Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ss='cambodia-color'>...
New home not where the heart is for Xayaburi locals
For the past several days, Boonma and seven other Houay souy villagers have travelled back to their homes near the Xayaburi Dam building site on the Lao side of the Mekong River. since the beginning of the year they have been relocated to a new ss='cambodia-color'>...
Govt hits back at critics
The recent deluge of comments critical toward the Cambodian government is an attempt to sow political chaos, a senior official said yesterday. At a press conference held at the Council of Ministers, Keo Remy, deputy chairman of the Press and Quick Reaction Unit, blasted several individuals ss='cambodia-color'>...
Journalist Lied Villagers Claim
More than 300 families embroiled in a land dispute with notorious, and now defunct, NGO Darpo said yesterday that they had filed complaints to the Preah Vihear Provincial Court on Wednesday accusing a Koh santepheap reporter of disinformation and calling for his arrest and $4,000 ss='cambodia-color'>...
Pregnancy terminated in bid to regain old job
A woman fired from the Conpress Holding garment factory last week said she terminated her pregnancy of three months on sunday in a desperate bid to gain reinstatement for herself and three other workers fired last week for unionising. Huk Pov, Free Trade Union president ss='cambodia-color'>...
Millers need greater access to credit: Govt
The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization sector Development program to address food security ss='cambodia-color'>...
http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html
Workers at Factories Supplying Major Brands Continue Protests
About 3,000 garment workers from two factories that supply clothes to international brands Levi strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of social Affairs. Upon arriving at the ministry, workers employed by the ss='cambodia-color'>...
Families Forced Out of Homes Ahead of Gov't Deadline
Security forceS and employeeS of a VietnameSe-owned rubber plantation in Mondolkiri province continued to drive familieS out of their homeS yeSterday ahead of today&rSquo;S government-impoSed eviction deadline. OfficialS and villagerS Say moSt of the roughly 200 familieS have already left. With more than 300 Security perSonnel poSted SS='cambodia-color'>...
Push for trade in yuan increasing
Slowly but Steadily, demand to do croSS-border buSineSS in ChineSe yuan iS puShing itS way into one of ASia&rSquo;S dollar-dominated StrongholdS. AS China continueS to liberaliSe the yuan &ndaSh; or at leaSt hint at when Some capital controlS could be lifted &ndaSh; Cambodian buSineSSeS that import SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012072557593/Business/push-for-trade-in-yuan-increasing.html
As Phnom Penh's buildings rise, safety scales back
Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ss='cambodia-color'>...
Cambodia Inaugurates China-funded Road in N Provinces
Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong svay district to the provincial town of Preah Vihear province, cost about 52 million U.s. dollars ss='cambodia-color'>...
Riel stabilizes versus dollar
The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the Us economy ss='cambodia-color'>...
CEDAC plus honey makes for a sweet deal
Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ss='cambodia-color'>...