News

Cambodian children more vulnerable under Asean integration, report warns

Rights workers fear for the safety of Cambodia’s vulnerable children once Asean joins in an economic community next year. Children could also face more risk from economic pulls, experts warn. That includes families sending their children to work in other countries, where they will be ...

Suy Heimkhemra
http://www.voacambodia.com/content/cambodian-children-more-vulnerable-under-asean-integration-report-warns/2489920.html

Livestock law near approval

A draft law on animal health and production is expected to be approved by the December 2015 Asean Economic Community (AEC) deadline, government officials say. Soun Sothoeun, deputy director of animal health and production at the Ministry of Agriculture, said on Friday that the new law ...

Chan Muyhong
http://phnompenhpost.com/business/livestock-law-near-approval

Thai capital market should cater to Cambodia, Laos, Myanmar

Thailand’s capital market should aim to be a funding base for Cambodia, Laos and Myanmar to gain the full benefit from high growth in the Greater Mekong Subregion and a more integrated region through the Asean Economic Community (AEC), panellists at a Euromoney Conferences forum ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MDk3YzQ2ZTI

Cambodia tells university students to prepare for ASEAN community

Cambodia organized a seminar on Thursday to promote ASEAN awareness to approximately 3,300 students from 26 universities and told them to prepare themselves for an ASEAN community. “There will be both opportunities and challenges for Cambodia when ASEAN becomes a community at the end of ...

The Philippine Star News Staff
http://www.philstar.com/world/2014/06/12/1334111/cambodia-tells-university-students-prepare-asean-community

Cambodia’s tourism short of staff

Cambodia’s Ministry of Tourism says the country’s tourism sector is growing at an unsustainable rate that will cause a massive shortfall in skilled tourism-related labour. The ministry’s statistics department director, Kong Sopheareak, told local media that as tourist arrivals increase substantially every year, the challenge is ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-short-of-staff/

Tourism numbers give boost to Sihanoukville property prices

Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...

Sum Manet
http://www.phnompenhpost.com/real-estate/tourism-numbers-give-boost-sihanoukville-property-prices

Thailand trains workers from Cambodia, Laos and Myanmar

Thailand has begun training workers from Cambodia, Laos and Myanmar ahead of the establishment of the ASEAN Economic Community (AEC) next year, the National News Bureau of Thailand reported Wednesday. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YjNhNDg5MDQ1ZWQ

Ministry shake-up as AEC integration looms

The Ministry of Commerce is undergoing an internal shake-up to better position itself for the opening up of trade across the region. Commerce Minister Sun Chanthol told the Post yesterday that ahead of Asean Economic Community (AEC) integration in 2015, new divisions were being established and others realigned ...

Daniel de Carteret
http://www.phnompenhpost.com/business/ministry-shake-aec-integration-looms

Cambodia sees improvements in logistics performance: World Bank

Cambodia has seen significant improvements in logistics performance in the last four years, a World Bank’s senior official said Wednesday. “According to the World Bank Logistics Performance Index (LPI), Cambodia’s LPI ranking has risen spectacularly by 46 places, to 83rd out of 160 countries in 2014, ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=208878

GMAC welcomes government commitment to labor law

The Garment Manufacturers Association of Cambodia says it appreciates and supports government action to enforce the union registration provision of the Cambodian Labor Law. In a statement released Friday, GMAC noted that Article 269 of the law stipulated that administrators and managers of professional organizations had ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Zjk0NjIzYTNiNmE

Open skies policy examined

Promising to dramatically open up the region’s airways, the planned Asean Single Aviation Market (ASAM) will bring with it fierce competition and price wars, experts said yesterday during a seminar on the subject at the Phnom Penh Hotel. The seminar brought representatives from the majority of ...

Eddie Morton
http://www.phnompenhpost.com/business/open-skies-policy-examined

Siam Kubota launches Cambodia, Laos units

Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...

Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html

Construction on submarine cable yet to begin

Web surfers and social-media addicts will have to hold out longer in the wait for Cambodia to boost its internet speeds, as construction on the Kingdom’s first submarine internet cable is behind schedule. Paul Blanche-Horgan, CEO of Ezecom, Cambodia’s largest internet provider, confirmed yesterday that the ...

Eddie Morton
http://www.phnompenhpost.com/business/construction-submarine-cable-yet-begin

Low awareness of AEC pact

The Asean Economic Community (AEC) will cut red tape and allow freer trade between the bloc’s 10 member states. But many companies in the region aren’t even aware of the AEC blueprint, a sobering report from the Asia Development Bank has found. The bank also ...

Eddie Morton
http://www.phnompenhpost.com/business/low-awareness-aec-pact

Plans to Reform Economy for Asean Integration

Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/plans-to-reform-economy-for-asean-integration-46469/

Chamber wants new tax laws

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws

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