News
Cambodia agrees agro-industrial framework
The government has agreed to a new framework to increase the competitiveness of its agricultural sector in line with the recently launched Industrial Development Policy, state news agency AKP reported on 29 July. Ty Sokun, secretary of state at the Ministry of Agriculture, said that the ...
Cambodian garment factory workers demonstrate for subsidies
At least 500 workers from three garment factories in Cambodia demonstrated on 14 July outside the Labor Ministry in the capital Phnom Penh, demanding that government officials intervene in their quest for better working conditions and food and transportation subsidies. The workers from two factories in Kandal ...
Surge in electricity bills spark confusion
Confused citizens in coastal communities like Kampot and Sihanoukville are complaining about surging electricity bills, which they say are not linked to higher usage or even rises in per unit cost. The rising costs are largely unexplained and often disproportionately high in relation to actual power ...
Cambodian rice fed' dispels fake rice claims
The Cambodian Rice Federation held a press conference yesterday to allay fears drummed up by local media that fake rice is being distributed in the Kingdom. Rumours began to surface this week when a reporter with local news site Khmerload published a story claiming to have ...
Cambodia sees 7 pct rise in new business registration in 1st half of 2015
Cambodia granted operating licenses to 2,165 new companies in the first six months of 2015, up 7 percent from last year, according to a commerce ministry’s report. Keep reading ...
Hun Sen asks Western leaders to help resolve Cambodia’s border disputes
Cambodian Prime Minister Hun Sen sent letters to the leaders of the three western countries on 15 July asking to borrow a decades-old map to try to settle disputes over alleged territorial encroachment by Vietnam. The Cambodian leader sent letters to U.S. President Barack Obama, French President ...
Germany considers renewables funding
Germany’s development bank is considering expanding its investments into Cambodia’s renewable energy and agriculture sectors, a visiting German parliamentarian told the president of Cambodia’s Senate last week. Thomas Gambke, chairman of the ASEAN Parliamentary Group in the German Parliament, met with Cambodian Senate President Say Chhum ...
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month. On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. The prakas regulates the sector by allowing individuals ...
Cambodia: National Assembly passes controversial NGO law
On 13 July the National Assembly passed the controversial NGO law, amid a boycott by the opposition and street demonstrations against the widely criticised legislation. After almost four hours of speeches commending the legislation and criticising their absent opposition counterparts, 68 Cambodian People’s Party lawmakers voted ...
Cambodia's mining tax likely won’t budge
Cambodia’s new mining law is on track for adoption by the end of this year and will introduce a raft of reforms to the sector, a senior official said, although the country’s mining tax will likely remain the same. Meng Saktheara, secretary of state at the ...
