សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Japanese Ambassador Airs Concerns Over SEZ Shooting
Japanese Ambassador Masafumi Kuroki yesterday said he hoped the government arrests the gunman behind the Feb. 20 triple shooting of protesting workers in Svay Rieng province, and that safety must be ensured for investors in the special economic zone (SEZ) where the incident took place. ...
Cambodia’s top micro manager [Interview]
How did the floods affect the industry late last year? Of course, we were worried when the floods began because many people were affected. When the floods continued, we did a survey and found that just about 10 per cent of MFI borrowers were affected. But ...
http://www.phnompenhpost.com/index.php/2012030754891/Business/cambodias-top-micro-manager.html
National products chase GI recognition
A lack of funds would prevent Cambodia registering some of the country’s specialty products as geographic indications (GI), a form of international recognition that has boosted the sales of other domestic products such as Kampong Speu palm sugar. The government would like to see Siem Reap ...
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
Mobile cash gaining traction
Digital cash services in Cambodia showed marked increases in users and cash flow in 2011, and still more growth is expected this year as operators launch new services and partnerships to capture a large but still-untapped rural market. The services, in which customers transfer money via ...
http://www.phnompenhpost.com/index.php/2012030654867/Business/mobile-cash-gaining-traction.html
Bavet Governor Summoned Over Shooting
The Svay Rieng Provincial Court yesterday summoned Bavet city governor Chhuk Bundith for questioning over his alleged role in the shooting of three female garment workers at a special economic zone (SEZ) in the province two weeks ago, court officials said. Human rights groups continued ...
Cambodia’s trade with Hong Kong jumps 22%
Bilateral trade between Cambodia and Hong Kong rose more than 22 per cent year-on-year in 2011, according to data from the Hong Kong Trade Development Council, whose regional base is in Hanoi. Total trade was US$741 million, compared with $607 million in 2010. Cambodia’s exports to Hong ...
Thailand’s gem industry may move to Cambodia
Cambodia could overtake Thailand’s gem export market to the United States within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the US market, but Cambodia’s standing as a Least Developed Country would allow it ...
Kingdom's first gem-testing lab opens
London-based checker of rare gems and jewellery Intertek has established a laboratory in Cambodia to help regulate and provide guidelines for the gem trade. Officially opening today, it is the Kingdom’s first gem laboratory. Intertek director in Cambodia Khut Sothy said the country had been ...
UN labour agency troubled by Cambodia's failure to arrest gunman
The United Nations‘ labour agency said Tuesday international buyers were “extremely concerned” at Cambodia‘s failure to arrest the suspect in last month‘s shootings of three garment workers at a subcontractor for German sportswear firm PUMA SE. Jill Tucker, technical advisor to the International Labour Organization, said ...
Whereabouts of Bavet governor still a mystery
Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...
Law Students Told To Avoid Thesis Topics
Fourth-year students at Phnom Penh’s Royal University of Law and Economics (RULE) have been barred from writing their theses on 14 topics, including Cambodia’s new bourse, according to a letter posted online yesterday. The letter, signed by the university’s research department director Kong Saphon ...
Kampot dredging escalates
Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...
http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html
Chea Mony sued over strike
Kampong Chhnang Provincial Court has summonsed Free Trade Union president Chea Mony and two of his officers to answer incitement charges at the court tomorrow relating to his alleged involvement in a mass strike at a garment factory last year, officials said yesterday. M&V garment factory ...
http://www.phnompenhpost.com/index.php/2012030554857/National-news/chea-mony-sued-over-strike.html
Police Confiscate Trucks Smuggling Thai Gasoline
Police in Siem Reap province said yesterday that they confiscated two trucks in Varin district Friday morning carrying 24,228 liters of gasoline believed to have been smuggled from Thailand. Soeun Sem, chief of the Siem Reap economic police, said that officers apprehended the two ...
Police Arrest TTY Manager Over Shooting
Kratie provincial police have arrested the general manager of TTY rubber company, and he is now facing charges for his role in a Jan. 18 shooting of four villagers by the company’s armed guards, police and court officials said yesterday. Authorities arrested two TTY guards ...
Mystery Surrounds SEZ Triple Shooting Case
Confusion continued to swirl around the fate of Bavet city Governor Chhuk Bundith yesterday after the Interior Ministry last week identified him as the sole suspect in the Feb. 20 triple shooting of protesters at a special economic zone (SEZ). While human rights groups claimed yesterday ...
Corn sales fall, profits sought in cassava
Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...
Conference Highlights the Country's Math Deficiency
Education experts and professors from around the world gathered over the weekend in Phnom Penh to discuss ways to strengthen mathematics in Cambodia and other developing countries. the problem is not a lack of student capability, said Lin Mongkolsery, a mathematics teacher at the Institute ...
Photo Said to Show SEZ Shooter With Police
A week and a half after a uniformed man opened fire on three female protesters at a special economic zone in Svay Rieng province, a photograph surfaced in a local newspaper on Friday showing the alleged gunman brandishing a pistol and surrounded by police and ...
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
$100m fund to target Kingdom’s growth
Vietnam-based Dragon Capital is raising up to US$100 million for a new Indochina fund, some of which the private equity firm would invest in Cambodian agriculture and infra-structure, Dragon’s chief information officer Bill Stoops said yesterday. Dragon Capital has a 20 per cent stake ...
Certification Quandry Stunts Sugar Exports
In April 2010, Kampot Pepper and Kompong Speu palm sugar both gained a geographical indication (GI) from the Ministry of Commerce that recognized their unique qualities and protected their name. But while Kampot pepper producers export almost all of their 17-ton annual production at high ...
Appeal Court Rehears case of $60 Million Embezzlement
The former deputy director general of Anco Groups and his wife yesterday defended themselves against convictions handed down by the Phnom Penh Municipal Court for embezzling nearly $60 million dollars from the firm – owned by CPP Senator and tycoon Kok An – during the ...