ព័ត៌មាន​

responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...

Laos wants to start construction this year on the $3.8 billion (Bt115 billion) Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design of the dam to placate neighbouring countries opposed to the project. Laos completed a review of the dam recently to ease ...

Figures released by the Ministry of Labor on Friday showed that 1,578 garment factory workers have fainted in workplace incidents since the beginning of this year. Pok Vanthat, deputy director of the Labor Ministry’s Medical Unit and chief of its research committee, said that his committee ...

Sixty villagers from Kratie province staged a protest Friday in Phnom Penh’s Wat Botum Park, claiming that their land had been grabbed by three private companies, and appealed to Prime Minister Hun Sen to intervene in their case. Slesh Vansoekrya, a representative of the villages, said ...

Opposition party lawmaker Son Chhay has sent a letter to Deputy Prime Minister Sok An asking for the immediate suspension of a Vietnamese rubber plantation in the endangered Prey Long forest, accusing the firm of illegal deforestation. In the letter dated Wednesday, Mr Chhay also asked ...

A group of independent trade unions yesterday put forth a list of demands for changes to Cambodia’s first trade union law, which will be finalised by the government in the coming months. Unionists said the revisions were necessary, as the current draft law would undermine unions ...

Cambodia was ranked the ninth most at risk country of being exposed to natural disasters out of 173 countries surveyed in a new report by the UN University’s Institute for Environment and Human Security A UNDP report released in August supported the World Risk report’s findings ...

Cambodian garment and textile exports increased nearly 20 per cent in the first eight months of 2011 compared to the same period last year, according to Ministry of Commerce figures. The Kingdom exported US$2.35 billion in garments during the period, a 19.6 per cent increase over ...

At least 24 international apparel brands have pledged to immediately investigate the mass fainting “phenomenon” that has hit the Cambodian garment factories that supply them, the International Labour Organisation says. Executives of global brands had pledged to work together “to determine the precise causes of incidences ...

The National Bank of Cambodia was pushing microfinance institutions to look to domestic banks for funding in an industry heavily reliant on foreign loans, experts said yesterday. Although the NBC is seeking to foster healthier relationships between MFIs and the Kingdom’s commercial banks, a dearth of ...

Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

Cambodia expects to almost double the amount of land used to cultivate rubber between now and 2020, a move that rights groups say could result in more evictions across Cambodia. Ly Phalla, director general of General Directorate of Rubber Plantations, said yesterday that there are ...

Multiple government ministries and the International Labor organization will form a group to investigate the mass fainting that have plagued Cambodia’s garment industry over the past several months, Commerce Minister Cham Prasidh said yesterday. There have been at least 15 mass fainting since the beginning ...

Authorities in Kompong Thom province yesterday forced a pagoda to withdraw its invitation to host a workshop about forest protection, continuing their pressure on two NGOs that provide community legal education in the province, a monk and NGO worker said. Chin Neth, chief monk at ...

Citing a government investigation that revealed factories colluding with unlicensed subcontractors to use unethical labor sources including prisoners, Minister of Commerce Cham Prasidh has asked the Garment Manufacturers Association in Cambodia to urge adherence to labor law. Rehabilitation programs meant to teach vocational skills such ...

A mining company owned by the wife of RCAF Major General Nim Meng has been ordered by the government to pay fines and unpaid taxes after the firm was found to have illegally exported minerals from Cambodia, a report released yesterday by the Cambodian Investment ...

Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...

In an attempt to foster tourism on the Cambodia-Thai border, tourism officials this week visited the Cham Yeam border crossing in Koh Kong province. Warming relations with Thailand’s newly elected Prime Minister Yingluck Shinawatra are expected to improve cross-border tourism, which deteriorated after border clashes ...

Cambodian mobile operators added more than 1 million new subscribers between May and July, with Smart Mobile seeing the largest percentage increase for the period, according to Ministry of Posts and Telecommunications figures obtained by the Post. Marc Einstein, a Tokyo-based analyst at research and ...

A delegation of more than 30 Japanese businesspeople yesterday met with the Council for the Development of Cambodia to discuss investment opportunities in the Kingdom, after seeing what they said were vast improvements in domestic legal and tax regulations.  However, no definite decisions had yet ...

Minister of Commerce Cham Prasidh yesterday called on the US to allow duty-free entry for Cambodian exports, a benefit the Kingdom already enjoyed with the European Union. The introduction of preferential tax treatment from the US would result in the Kingdom’s share of that country’s ...

The government has dropped controversial criminal penalties targeting unionists in its latest draft of the union law, Commerce Minister Cham Prasidh said yesterday. Addressing a meeting of representatives of international apparel brands, including Nike, Adidas and PUMA, unions, government officials and the International Labour Organisation, ...

The government yesterday lashed out at a letter sent by opposition lawmakers to the World Bank that urged the bank to increase pressure on the government to end forced evictions, land grabbing and threats against community members involved in land disputes with well-connected companies. Council ...