សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Mobile Payments Set for Phnom Penh Eateries
Diners may soon be able to leave their wallets at home the next time they decide to eat at a restaurant in Phnom Penh. Starting next week, WING, a Cambodian mobile payment service provider, will introduce a new service that allows people to pay their restaurant ...
http://www.cambodiadaily.com/business/mobile-payments-set-for-phnom-penh-eateries-30765/
Poipet Vendors Protest Corrupt Border Officials
More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...
Poorest nations win intellectual property waiver
The world’s poorest nations have won an eight-year extension of a waiver on intellectual property rules at a session of the World Trade Organisation’s TRIPS Council. A session of the 159-nation WTO’s TRIPS (trade-related aspects of intellectual property rights) Council has ruled the waiver for 34 ...
Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months
The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...
http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm
Thailand, Cambodia Recommit to Border Growth
The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ...
SEZ adds to tycoon’s growing portfolio
Okhna Try Pheap’s ballooning empire of exclusive natural resource licences and concessions has been expanded even further with the granting of a special economic zone (SEZ) in Ratanakkiri province. The May 27 issue of the Royal Gazette reveals Pheap was granted a 136-hectare SEZ in O’Yadav ...
http://www.phnompenhpost.com/2013061266216/National/sez-adds-to-tycoon-s-growing-portfolio.html
Moving towards e-commerce
Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...
http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html
Task of Obtaining Passport Is Adding To Illegal Migration Problem
Thousands of Cambodians cross the border via illegal checkpoints into Thailand every year. Some end up working in slave-like conditions on illegal fishing trawlers. Others work in factories while getting paid under the table. It is often a last resort fraught with danger and uncertainty and ...
Corruption worse than in Bangladesh: NGO
In a country where corruption is as rife as it is in Cambodia, global brands must work with governments to ensure garment factories are safe and working conditions legal, international NGO Transparency International (TI) said yesterday. In Cambodia, where two workers were killed when a ceiling ...
http://www.phnompenhpost.com/2013061266221/National/corruption-worse-than-in-bangladesh-ngo.html
Oxley Holdings Ltd Announces Incorporation Of Companies In Cambodia
Oxley Holdings Ltd announced that the Group has incorporated Oxley Holdings (Cambodia) Co., Ltd. and Oxley-Worldbridge (Cambodia) Co., Ltd. in Cambodia. Oxley Holdings Cambodia has an issued capital of 20,000,000 Riel (approximately SGD6,309), divided into 1,000 shares of par value 20,000 Riel each. It is ...
http://www.reuters.com/finance/stocks/OXHL.SI/key-developments/article/2773685
Eighth Communal Land Title Awarded in Mondolkiri
Land Management Minister Im Chum Lim awarded a community of ethnic minority Banong in Mondolkiri province a communal land tile to their ancestral land last week, only the eighth communal land title to be handed out since the 2001 Land Law made them available. The title ...
Hundreds are given sack for Sabrina clash
Hundreds of workers were sacked at the Sabrina Garment factory on Saturday following several violent protests at the Kampong Speu province premises and the arrest of unionists involved. The firings came after workers continued to protest outside the provincial court on Friday and Saturday demanding ...
http://www.phnompenhpost.com/2013061166188/National/hundreds-are-given-sack-for-sabrina-clash.html
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Hor Namhong Asks for More Cash for Rail Project
Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...
http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/
Evicted Kratie Families Petition Hun Sen for Help
Fifteen villagers representing 18 families from Kratie province involved in an ongoing dispute with the Sovan Vuthy Rubber Company yesterday submitted a petition to the Ministry of Land Management calling for intervention after the company allegedly cleared their farmland. The families say they have lived ...
British Minister kicks off SE Asia tour in Cambodia
Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ
Porsche seeks niche among Cambodia’s newly-rich
The wizened cyclo driver, cigarette in mouth, muscles taut from pedalling up and down French-style boulevards, is one of Indochina’s enduring romantic images. But cyclos on the streets of Phnom Penh are now outnumbered by another means of transport: the luxury car. But with the urban ...
Farmers Petition to Change Agricultural Draft Law
About 200 farmers protested in front of the Ministry of Agriculture on Friday and submitted a petition requesting changes to a draft law on the management of agricultural land, which rights groups have said could effectively legalize land grabs from poor farmers. The government says the ...
Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Sugar Firm Staff Protest Over Unpaid Wages
About 250 laborers working at a newly opened $90-million sugar factory complex in Kratie province-hailed by the government as a boon to Cambodia’s economy-staged a protest last Saturday morning demanding to be reimbursed for two weeks worth of unpaid wages. District governor Heng Soha acted ...
Gem event promises to sparkle
Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...
http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html
Bail Requests Denied for All Eight Unionists
The Kampong Speu Provincial Court has denied bail for eight unionists accused of instigating violence at the Sabrina Garment factory last Monday. Kampong Speu Provincial Court judge, Cheum Rithy said yesterday that he had not approved the bail request because significant work remained in questioning ...
Tax collection in Cambodia up 24 pct in 5 months
Cambodia’s General Department of Taxation unveiled on Friday that the country collected 395 million U.S. dollars of tax in the first five months of this year, up 24 percent year on year. In May alone, the department collected 73 million U.S. dollars, up 4 percent ...
http://www.asean-china-center.org/english/2013-06/09/c_132443845.htm
Web hacks a risk for banks
Growing cyber attacks on government institutions and infrastructure could pose a threat to Cambodia’s vulnerable banking sector, officials with the National Cambodia Computer Emergency Response Team (CamCert) said yesterday. Speaking at the fifth annual Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh yesterday, ...
http://www.phnompenhpost.com/2013060766124/Business/web-hacks-a-risk-for-banks.html