Cambodian tourism business owners expressed cautious optimism over the prime minister’s plans to entice foreign travelers back into the country and resuscitate the sector’s fortunes.
Three Commerce Ministry officials have been accused of corruption by a Banteay Meanchey transport company owner for asking her to pay informal fees to transport goods across the border.
Cambodia’s economic growth this year is expected at 1.9 percent, down from an earlier estimate of 4 percent, the Asian Development Bank said on Wednesday, as services continued to contract amid Covid-19 disruptions.
Some 276 garment factory workers, mostly women, were injured in traffic accidents in the sector’s notoriously dangerous commutes on the backs of trucks in the first half of this year.
Prime Minister Hun Sen on Tuesday waded into the ongoing dispute between investors and investment firm GoldFX — which is linked to senior CPP officials’ family members — asking investors to continue their negotiations or file a lawsuit.
A NagaWorld union representative said the Arbitration Council refused to adjudicate on the validity of the mega casino’s decision to layoff more than 1,300 workers, with a labor advocate saying the council wants a labor inspection procedure to decide the matter.
A tanker company says it is concerned over its arrested crew’s human rights as Cambodia pursues the return of some 300,000 barrels of allegedly stolen crude oil, but the government said the matters will simply “take their legal course” and are “neither political nor commercial.”
In the first eight months of the year, Cambodian rice exports are tracking 23 percent below the same period last year, though non-rice exports have more than doubled in that time.
There is no official market at Kour Srov, but vendors from Phnom Penh’s Doeum Kor wholesale market have turned it into a makeshift market. As Covid-19 restrictions remain at many of the city’s major markets, vendors have spread out to the city limits to sell their wares.
NagaCorp, the Hong Kong-listed parent company of Phnom Penh’s exclusive-operating casino NagaWorld, reported losses for the first time since the company was publicly listed, amid the pandemic and an ongoing labor dispute with more than 300 laid-off employees.
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