News

Malaysian entrepreneurs urged to work closely with the Cambodian govt: Muhyiddin

Malaysian entrepreneurs operating their businesses in Cambodia have been urged to work closely with the Cambodian government, Tan Sri Muhyiddin Yassin said. The deputy prime minister said like Malaysia, the Cambodian government has rolled out a plan to turn Cambodia into a developed country. “Apart from generating ...

Adib Povera
http://www.nst.com.my/latest/malaysian-entrepreneurs-urged-to-work-closely-with-the-cambodian-govt-muhyiddin-1.489106

Printing shops’ refusal to print strike leaflets delays unions

A coalition of labor unions will today begin distributing leaflets calling on supporters to attend a nationwide strike in March, two days after the planned distribution date due to the fact the majority of printing houses in the city refused to print the flyers. Union representatives ...

Matt Blomberg and Mech Dara
http://www.cambodiadaily.com/news/printing-shops-refusal-to-print-strike-leaflets-delays-unions-52708/

Cambodia discusses garment issues with buyers from global brands

Cambodian Permanent Deputy Prime Minister Keat Chhon on Wednesday met with a delegation representing 30 global brands and global trade unions to discuss the current situation of garment sector. The delegation comprised 27 global brands including H&M Hennes & Mauritz AB, Gap Inc., Adidas, Puma, Levi ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/19/c_133128000.htm

Garment workers to receive USD 100 per month from February

The Government already issued a Decision to require the employers to increase the minimum wage for the factory workers to USD 100 per month, starting from February 2014, said a government official. Vong Savann, a senior official of the Labor Ministry added that the Decision was ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=NmY5MTVmYTZhMzE

Cambodian Panel Begins to Grapple With Minimum Wage Reforms

Cambodia’s newly established government panel to investigate minimum wage reform held its first meeting Thursday to lay out a strategy for addressing the hot button issue, as union leaders announced plans to protest to back their demand for monthly salary increases for footwear and garment ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/committee-02062014185924.html

Minimum wage up for ministerial discussion

An interministerial committee led by Deputy Prime Minister Keat Chhon will meet next month to discuss the recent minimum wage increase and subsequent fallout. Ministry of Labour spokesman Heng Sour yesterday told the Post that Prime Minister Hun Sen assigned Chhon to lead the meeting ...

Mom Kunthear
http://www.phnompenhpost.com/national/minimum-wage-ministerial-discussion

Rights groups critical of gov’t investigations

The government announced on Friday it would set up two commissions headed by Interior Minister Sar Kheng to investigate clashes between police and protesters early this month that left at least four dead, more than 20 injured and 23 arrested, a move criticised by rights ...

May Titthara
http://www.phnompenhpost.com/national/rights-groups-critical-gov%E2%80%99t-investigations

For 2013, trade value to reach $16 billion

The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

Court Charges Official With Corruption Over Pension Scandal

The Kompong Cham Provincial Court on Saturday charged the chief of Srei Santhor district’s social affairs office with corruption following his arrest by the Anti-Corruption Unit (ACU) on Friday for withholding pensions and other bonuses from retired teachers, a court official said Tuesday. Provincial court deputy ...

Kuch Naren
http://www.cambodiadaily.com/news/court-charges-official-with-corruption-over-pension-scandal-47381/

China provides 33 mln USD in free-interest loan to Cambodia for development projects

The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/14/c_132888622.htm

China's Exim Bank lends $121m to Cambodia for irrigation, power grid

The Export-Import Bank of China (Exim Bank) on Wednesday signed up to provide a concessional loan of $121 million to Cambodia for irrigation system and power transmission line development. The agreement was inked between Cambodian Finance Minister Aun Porn Moniroth and visiting Chairman of the Exim ...

Global Times News Staff
http://www.globaltimes.cn/content/818151.shtml#.Ul9cuPnTxe8

Hun Sen urges new Finance Minister to eliminate money under the table

Prime Minister Hun Sen on Thursday urged the Ministry of Economy and Finance to eliminate the practice of bribery or greasing the palm to facilitate development projects funded by the Ministry itself or the National Treasury. New Finance Minister, Oun Porn Monirath, successor of Keat Chhon, ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjQ2NTYwYTA4NTI#sthash.XqY6JrsS.dpuf

Five More Years For Hun Sen; Some Ministers Reshuffled

A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive re­shuffle of his Cabinet. In a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/

Senior CPP Officials Agree to Give Up Lawmaker Positions

The National Election Committee (NEC) on Monday said that a host of senior ruling party officials had resigned from their elected posts in Parliament in order to allow lawmakers lower down the party’s rostrum of candidates to be given a seat in the National Assembly. “The ...

Phorn Bopha
http://www.cambodiadaily.com/elections/senior-cpp-officials-agree-to-give-up-lawmaker-positions-41986/

China provides 4 container scanners to Cambodia

The government of China on Monday delivered four units of container scanning machines to Cambodia for using at international border checkpoints. Speaking after the signing ceremony, Keat Chhon said the four container scanning machines, totally costing 13.8 million U.S. dollars, are China’s grant aid to ...

http://news.xinhuanet.com/english/china/2013-08/19/c_132643940.htm

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

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