News

Cashew nut export numbers aren’t adding up: producers

Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...

Chan Muyhong
http://www.phnompenhpost.com/business/cashew-nut-export-numbers-aren%E2%80%99t-adding-producers

As Cambodia’s financial sector grows, so do its challenges

The National Bank of Cambodia on Wednesday hosted its first annual macroeconomic conference, outlining the need to ensure Cambodia’s rapidly growing financial sector supports sustainable and inclusive economic growth while managing greater risks. Cambodia’s banking and microfinance sectors have seen enormous growth in recent years with ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/as-cambodias-financial-sector-grows-so-do-its-challenges-65414/

Cults Ministry seizes discs from self-proclaimed ‘god’

Staff from the Ministry of Cults and Religion seized promotional material from a man claiming to be a Buddhist “god” on Sunday in Kandal province, officials said yesterday. The operation was conducted at Reachea pagoda, where Thean Vuthy had been promoting himself as the fifth and ...

Phak Seangly
http://www.phnompenhpost.com/national/cults-ministry-seizes-discs-self-proclaimed-%E2%80%98god%E2%80%99

Unions want arbitration council deal renewed

Trade unions at either end of the political divide Wednesday said they were eager to renew their agreement with garment factories to abide by the rulings of the country’s Arbitration Council, with some changes, despite a new report showing that both unions and employers often ...

Zsombor Peter
http://www.cambodiadaily.com/business/unions-want-arbitration-council-deal-renewed-65410/

CNRP’s wish list for NEC narrows

The opposition is eyeing two leading civil society figures and deputy party leader Kem Sokha’s daughter to fill the three remaining slots the party holds on the nine-member National Election Committee, according to a high-level party source. Cambodia National Rescue Party lawmaker-elect Kuoy Bunroeun has already ...

Meas Sokchea, Kevin Ponniah and David Boyle
http://www.phnompenhpost.com/national/cnrp%E2%80%99s-wish-list-nec-narrows

Crops pulled: Locals and NGO staffer questioned

About 150 ethnic Kuoy villagers gathered outside Preah Vihear Provincial Court yesterday to protest the questioning of eight villagers and an NGO staff member for allegedly inciting villagers in Tbeng Meanchey district to destroy 36 tonnes of sugarcane. ...

Phak Seangly
http://www.phnompenhpost.com/national/crops-pulled-locals-and-ngo-staffer-questioned

Five families accept flats in Chroy Changva

Five families among a community of 40 that have been fighting a powerful developer for land they live on in Phnom Penh’s Chroy Changva district accepted compensation packages on Monday, the first cracks in a previously united community. ...

Sek Odom
http://www.cambodiadaily.com/news/five-families-accept-flats-in-chroy-changva-65420/

Cambodian capital sees 445 protests during year-long standoff

Phnom Penh, capital of Cambodia, recorded 445 demonstrations during a year-long political crisis following disputed election results in July last year, municipal police chief Chuon Sovann said Wednesday. “About 445 protests had occurred in the past 12 months, including more than 80 protests led by the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/30/c_133520567.htm

Ruling Party Says It Needs Opposition as Competitor

A senior member of the ruling party says it needs the opposition in the National Assembly and in the election process in order for Cambodia to develop democratically. “The Cambodian People’s Party needs a partner,” Chheang Von, a guest on “Hello VOA,” said last week. “Democracy ...

Sok Khemara
http://www.voacambodia.com/content/ruling-party-says-it-needs-opposition-as-competitor/1968062.html

Cambodia sees 55 pct rise in landmine casualties in half year

Cambodia on Wednesday reported 101 landmine casualties in the first six months of 2014, an increase of 55 percent from 65 casualties over the same period last year. The report from the Cambodian Mine Action and Victim Assistance Authority showed that from January to June this ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/30/c_133520217.htm

Expatriates need IDs: government

Expatriates working in Cambodia without labour identification cards will face fines and even jail when strict new enforcement kicks in, according to a July 16 joint statement from the ministries of interior and labour. Government inspectors, the statement adds, will begin checking workplaces immediately in order ...

Chhay Channyda
http://www.phnompenhpost.com/national/expatriates-need-ids-government

Direct flights start from Seoul to Sihanoukville

Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...

George Styllis
http://www.cambodiadaily.com/business/direct-flights-start-from-seoul-to-sihanoukville-65284/

Thai farmers again encroach on Cambodian land

Border police in Banteay Meanchey province were unable to stop 30 Thai farmers from plowing land inside Cambodia territory on Monday and had to wait for Thai officials to arrive and order the farmers back across the border, according to local officials. Prak Sarath, deputy commander ...

Khuon Narim
http://www.cambodiadaily.com/news/thai-farmers-again-encroach-on-cambodian-land-65267/

Wages do not compute: ILO

NGOs say the Ministry of Labour’s use of its own method for determining the garment industry’s minimum wage is risking a repeat of the tensions that exploded in violent protests in January, when authorities killed at least five people. More than six months after the Labour ...

Sean Teehan
http://www.phnompenhpost.com/national/wages-do-not-compute-ilo

Factory ends strike after compromise

Workers at a Taiwanese-owned sandal factory in Kompong Cham province on strike since last week over an eight-point list of demands agreed to go back to work Tuesday after reaching a deal with management that included a monthly lunch stipend. A few hundred of the Carlington ...

Ben Sokhean
http://www.cambodiadaily.com/news/kompong-cham-factory-ends-strike-after-compromise-65261/

Government rolls out new agriculture policy

The Ministry of Agriculture on Tuesday released a draft policy to strengthen the agriculture sector by educating farmers on how to gain greater access to markets and increase their productivity by using sustainable farming methods. The Agriculture Extension Policy, drafted in cooperation with USAID, aims to ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/government-rolls-out-new-agriculture-policy-65282/

Gov’t ministers meet with regional counterparts

Defense Minister Tea Banh expressed confidence in the Thai junta’s leadership in the first meeting between top-ranking military officials from the two countries since Thailand’s army seized power two months ago, according to Thai media reports. ...

Eang Mengleng
http://www.cambodiadaily.com/news/govt-ministers-meet-with-regional-counterparts-65272/

Demonstrators say jobs in Japan promised

Hundreds of Cambodians hoping to migrate to Japan to work in the electronics industry yesterday protested outside an NGO that they claim conned them out of up to $200 each with promises of jobs. About 100 protesters – out of a total of 300 who are ...

Sen David
http://www.phnompenhpost.com/national/demonstrators-say-jobs-japan-promised

SECC plans same-day settlement on trading

The Securities and Exchange Commission of Cambodia (SECC) is planning new measures for trading on the local stock exchange that it says will encourage investors to trade more actively. Investors currently need to wait for six intervals – occurring every half-hour between 8.30am and 11.30am – ...

Hor Kimsay
http://www.phnompenhpost.com/business/secc-plans-same-day-settlement-trading

Tougher ELC oversight pledged

In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged

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