Friday, 25 September 2009

The Phnom Penh Post News in Brief


CAAI News Media

In Brief: Bank of China interested

Thursday, 24 September 2009 15:00 Nguon Sovan

THE Bank of China is exploring the possibility of setting up a subsidiary in Cambodia, National Bank of Cambodia Director General Tal Nay Im said Wednesday after meeting with a delegation from the Chinese bank. “We have met with them, they are interested in investing in Cambodia, but they want to study the banking market in Cambodia first,” she said. The delegation, which was led by Wang Lijun, the president of its overseas operations administration, did not set a timetable for entry, she added. The delegation also met with Finance Minister Keat Chhon. The bank had 10,789 domestic and overseas branches, subsidiaries and outlets as of the start of 2009.

In Brief: 4 work deaths per day

Thursday, 24 September 2009 15:00 KHUON LEAKHANA

FOUR people die at work every day in Cambodia, the director of the Ministry of Labour and Vocational Training’s Occupational Health Department told an annual health and safety conference this week. Leng Tong based his mortality figure on International Labour Organisation (ILO) estimates that around 1,500 people die in workplace accidents per year. Leng Tong said the ministry was developing a master plan with technical and financial support from the ILO to improve workplace safety.

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