News
National Payments System to Begin in 2012
The National Bank of Cambodia (NBC) will soon begin a national payment system that will allow the clearance of checks at all banks within a day, as well as facilitate intra-bank electronic payments, Nguon Sokha, director general of the NBC, said yesterday. Through the establishment of the national ...
Garment Factory Monitoring Needs to Improve
The International Labor Organization’s (ILO) Better Factories Cambodia (BFC) program must overhaul its monitoring practices before it can meaningfully improve working conditions in the garment sector, accoring to the authors of a new report. the new report by Community Legal Education Center and the Netherlands-based ...
$70 from India for power
India is financing the construction of a US$70 million transmission line to bring electricity from hydroelectric projects in Laos to Cambodia, according to Indian Chamber of Commerce President Debasish Pattnaik. Speaking yesterday after the official launch of the Indian Chamber of Commerce in Cambodia (ICC), Pattnaik ...
http://www.phnompenhpost.com/index.php/2012090358436/Business/70m-from-india-for-power.html
Indian Chamber of Commerce Launches in Capital
About 100 Indian businessmen and government officials gathered in Phnom Penh yesterday for the official launch of the Indian Chamber of Commerce (ICC) in Cambodia. Speaking at the launch the ICC president, Debasish Pattnaik, said that since the new organization registered with the government in February, it has gained 54 ...
Human Trafficking Rise Prompts Action
Human and sex trafficking complaints had increased markedly this year, with police vowing to redouble their resources to fight the rampant crimes, officials said at a summit on Friday. Mok Chito, head of the General Secretariat of the National Police Commissioner’s central judicial department, said 113 ...
District Police Chief Removed Over Link to Sale of State Land
A district police chief in Kampong Chhnang province has been removed from his post over his alleged involvement in the sale of almost 130 hectares of state land to private buyers, provincial officials said yesterday. Kim Sareth, the chief of police in Toek Phos district, was ...
Investment treaty with US discussed
The United States and Cambodia have agreed to begin discussions on a bilateral investment treaty (BIT) in a bid to spur trade and investment between the two countries, officials said on Friday following the end of the ASEAN-US Business Summit in Siem Reap. “A bilateral investment ...
Two Officials Sacked over land 'graft'
Kampong Chhnang authorities had sacked the Teuk Phos district governor and police chief after subordinate officers accused them of conspiring to sell almost 300 hectares of state-owned forest land to a private company, provincial officials said yesterday. According to a Kampong Chhnang official who declined to ...
'Verbal Abuse' surfaces at Ocean
An investigation by garment factory monitor Better Factories Cambodia into the alleged sexual harassment of four female employees at Ocean Garment uncovered extensive verbal abuse, according to BFC technical adviser Jill Tucker. A BFC team visited the Dangkor district site on August 24 after a group ...
US, Cambodia Agree to Explore Investment Pact
U.S. Trade Representative Ron Kirk announced Friday that the U.S. and Cambodia have agreed to explore the creation of a bilateral investment treaty that would regulate the rules of foreign direct investment between the two countries, the U.S. Embassy said in a statement. According to the Embassy, such a treaty ...
Fainting workers blame fumes
Almost 150 garment factory workers from two Phnom Penh factories fainted late last week after inhaling toxic fumes used to treat clothes, workers and union leaders said yesterday. The mass faintings came as the Clean Clothes Campaign and Community Legal Education Center released an evaluation report ...
http://www.phnompenhpost.com/index.php/2012090358448/National-news/fainting-workers-blame-fumes.html
Report Urges Better Factories to do more
Better Factories Cambodia must name and shame garment factories that abuse the labour law if it is to transform Cambodia into an ethical sourcing option, a report on the International Labor Organization initiative says. Better Factories should make monitoring reports public, according to the 10 Years ...
UNITEL's data roaming services cover Cambodia and Mauritius
The Angolan mobile company of UNITEL expanded its data roaming services to Cambodia and Mauritius, through accords established with the operators of Orange and Latelz. According to a press note from UNITEL that reached Angop on Monday, with these partnerships, UNITEL is enabling for its customers ...
Cambodian Sweet Treat Showcase
At least 100 varieties of cakes and desserts were displayed at the riverside park in front of Wat Ounalom, drawing in hundreds of locals and tourists eager to sample the local delicacies. The three day event, which concluded on Saturday, was organised by Phnom Penh City ...
http://www.phnompenhpost.com/index.php/2012090358433/Lifestyle/cambodian-sweet-treat-showcase.html
Indian trade promotion office opens in Cambodia
The office of the Indian Chamber of Commerce was officially launched here Sunday to promote economic, trade and investment ties between India and Cambodia. The office is to act on behalf of Indian business organisations and individuals for business facilitation, regulatory exchange as well as to ...
Fire Destroys 32 Homes In Russei Keo District
Two people received burns when a large fire gutted 32 houses in Russei Keo district’s Kilometer Nine commune on Friday, police said. The fire broke out at 11 a.m. in a village of wooden houses at the rear of the Cambodian Television Network station, said municipal ...
Cambodia Import-Export The First Half Year Analysis
Although the Cambodian government has projected Gross Domestic Product (GDP) of around 7 percent this year, a bit higher than come other international financial organizations like the Asian Development Bank (ADB) and the International Monetary Fund (IMF), it does not mean that the country’s projection could not ...
IMF Calls on Cambodia to Broaden Tax Base
.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...
ASEAN Spells Out its Tourism Priorities Ahead of 2015
The countries of ASEAN are now implementing a clear road map to achieve the tourism objectives of the ASEAN Economic Community, due 2015. There will be a new ‘ASEAN for ASEAN’ campaign and special promotions, along with enhanced strategic cooperation with the growth markets of ...
Duo Gets Bail After Obstructing Land Volunteers
A Council of Ministers official and her husband who were arrested in July for obstructing a land-titling initiative spearheaded by Prime Minister Hun Sen have received bail, Stung Treng Provincial Court prosecutor Chroeng Khmao said Friday. Meas Sokhon, who works at the Council of the Ministers’ ...
Mired in Land Disputes, Villagers Find No Remedy in Courts
Since 2009, local human rights group Adhoc has documented 623 cases of land conflict in the country, yet only a little more than 10 percent of those cases were brought to court. The statistics highlight the lack of trust ordinary Cambodians have in the court system, says Adhoc, ...
Hun Sen Asks Summit to Back UN Bid
Addressing the biggest international summit Iran has held in decades, Prime Minister Hun Sen on Thursday made a plea to the 120 nations belonging to the Non-aligned Movement (NAM) to support Cambodia in its quest for a non-permanent seat on the U.N. Security Council. There is ...
Cambodian rice expert produces ‘more with less’
WHEN he introduced his novel rice production method to Cambodian farmers more than a decade ago, Yang Saing Koma had to battle sceptics who laughed at his idea. How could less irrigation and shallower planting result in higher yield? But Koma, founder of the Cambodian centre ...
http://thestar.com.my/news/story.asp?file=/2012/9/2/asia/11950264&sec=asia
Youths seek to create jobs
With different talents but similar passions, Small World is a small enterprise that brings talented young Cambodians together to learn, work and network in the new world of business. Small World is a collaborative workplace created to ensure that young people passionate about business have access ...
http://www.phnompenhpost.com/index.php/2012083158396/Business/youths-seek-to-create-jobs.html