The Cambodia Daily

Water Festival Vendors in Phnom Penh See Revenue Drop

Provincial authorities have reported an influx of people from Phnom Penh to the provinces over the three-day Water Festival celebration, while vendors who set up shops on Koh Pich in the capital during the holiday said that they had barely broken even. This year saw ...

http://www.cambodiadaily.com

Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam

Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...

http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/

Kandal Workers Protest Fired Union Organizers

More than 400 workers of the Next Apparel (Cambodia) factory in Kandal province protested for a third time Saturday and destroyed property while demanding the reinstatement of two workers fired for attempting to establish a union, the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) ...

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Battambang Officials Halt Clearing of Community Forest - Again

Forestry Administrative officials in Battambang province have again halted logging and clearing inside a community forest and are attempting to prevent student volunteers deployed by the Ministry of Land Management from demarcating land in already cleared areas, local officials said last week. ...

http://www.cambodiadaily.com

Beeline Sees Decline in Subscribers

The number of customers subscribing to the mobile operator Beeline has dropped by more than 100,000 in the last quarter, and its average revenue per user has sunk to its lowest in more than a year, the company announced in its third-quarter financial report. ...

http://www.cambodiadaily.com

Millions Threatened by Dam in Stung Treng

More studies should be conducted on the controversial Lower Sesan 2 dam in Stung Treng province in order to understand its potential social and environmental effects, Conservation International (C.I.) said in a statement. The Lower Sesan 2-as well as other dams planned for the Sesan, Srepok ...

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Draft Accord on Domestic Workers Completed

Government and U.N. officials yesterday completed the draft of a new memorandum of understanding (MoU) that is designed to guarantee the fair treatment and safety of Cambodian domestic workers in Malaysia. The new draft MoU is an amendment to an earlier, much-criticized version create by Malaysia, ...

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Union Seeks Tax Reduction for Garment Workers

Factory workers should get a reduction or exemption from paying income tax as the deductions are forcing them into poverty, the Free Trade Union (FTU) wrote in a letter to Finance Minister Keat Chon. ...

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Hun Sen Announces Talks to Begin on Huge Free Trade Zone

A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...

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Bilateral Talks, and Their Two Interpretations

Two polarizing narratives emerged after the Monday night discussion between U.S. President Barack Obama and Prime Minister Hun Sen, with the U.S. claiming it had been “tense,” while Cambodia insisted the talks were cordial. When it came to agenda, Mr. Obama put human rights, electoral and ...

http://www.cambodiadaily.com

Acleda to Launch Banking Services in Burma

Acleda Bank announced on Sunday that it will expand its banking services into Burma by opening a microfinance institute there in January. ...

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Asean Agrees to Promote Free Flow of Labor

Economic ministers from Asean’s 10 member states signed an agreement yesterday to loosen restrictions around the movement of skilled labor in the region, part of preparation for the integration of the Asean Economic Community in 2015. The Asean Movement of Natural Persons Agreement is supposed to ...

http://www.cambodiadaily.com

Trade, Investment Focus Of Asean-India Summit

With political and cultural ties between India and Southeast Asia already strong, economic issues were the focus of the 10th Asean-India Summit at the Peace Palace yesterday in Phnom Penh, the India ambassador to Cambodia said. ...

http://www.cambodiadaily.com

CIMB Bank Opens 4 new Branches in Cambodia

In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...

http://www.cambodiadaily.com/

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