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Study to determine cost to finish railway

With funds almost exhausted on the $140 million rehabilitation of Cambodia’s railway network, the government and the Asian Development Bank (ADB) have decided to conduct a study to determine how much more money is needed to complete the project, a government consultant said yesterday. Paul Power, ...

Media Groups Call On ‘Political Elite’ to Protect Reporters

More than a dozen journalism and hu­man rights groups have called on Cambodia’s political forces to protect journalists and guarantee citizens’ access to an open and unobstructed press during the current political unrest. In a statement released Wednesday, the Cambodian Center for Independent Media, along with ...

Lindsey Peterson
http://www.cambodiadaily.com/news/media-groups-call-on-political-elite-to-protect-reporters-45436/

Failed students weigh future

As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...

Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future

Private Firms Approach Cambodia’s Bourse With Caution

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

Farming group to quadruple organic production

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it plans to raise its annual production of organic vegetables from 120 tons to 600 tons by the end of 2015. Lim Sokun Darun, program coordinator at Cedac, said that the decision to ...

Don’t mention South China Sea, government tells Asean

The National Assembly will petition Asean officials to remove a reference to the South China Sea maritime dispute from an upcoming joint statement, officials confirmed on Tuesday, a move some analysts and diplomats say will again threaten regional cohesion. ...

Khuon Narim and Ben Paviour
https://www.cambodiadaily.com/news/dont-mention-south-china-sea-government-tells-asean-117083/

CEDAC pools capital to produce organic rice

Cambodian Center for Study and Development in Agriculture (CEDAC), a Cambodian agricultural organisation, will collect US$20 million from the Kingdom’s farmers through 2022 in an attempt to accumulate capital for organic rice production. Oun Sophal, president of CEDAC’s Farmer Network from Kampot province’s Dang Tong ...

http://www.phnompenhpost.com/index.php/2012080657818/Business/cedac-pools-capital-to-produce-organic-rice.html

Varying Degrees of Progress Shown in Development Report

The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...

Consumer protection draft law almost ready

Officials at the Ministry of Commerce and Council of Ministers announced yesterday that a draft consumer protection law, which is intended to ensure that food and consumer products made domestically or imported into Cambodia are safe, was almost complete. A quarter of the almost 60 ...

Chea Vannak
http://www.khmertimeskh.com/news/28562/consumer-protection-draft-law-almost-ready/

Coal outgrows hydropower

As Cambodia’s demand for electricity grows and domestic energy production increases, new data released from the Ministry of Mines and Energy yesterday show that coal-fired energy generation surpassed hydroelectricity for the first time last year. ...

Kali Kotoski
http://www.phnompenhpost.com/business/coal-outgrows-hydropower

Economists See Growth Potential in Stock Exchange

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...

http://www.voanews.com/khmer-english/news/economy-business/Economists-See-Growth-Potential-in-Stock-Exchange-126703268.html

On Eve of Visit, Obama Faces Asean Challenges, New China Leader

Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...

http://www.voacambodia.com/content/on-eve-of-visit-obama-faces-asean-challenges-new-china-leader/1545093.html

Business Registrations Up 34% This Year

The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...

Environmental group calls for halt of Laos' Mekong Dam

Environmental Group World Wildlife Fund yesterday called on the four member governments of the Mekong River Commission (MRC) to shelve Laos’ proposal to build the first Lower Mekong River hydropower dam when the countries meet next week in Siem Reap province. Las has planned numerous dams ...

Increase in Customs Taxes Raises Retail Prices in Cambodia

Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/

China’s appetite for rubber increasing

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

http://www.phnompenhpost.com/2013012460966/Business/china-s-appetite-for-rubber-increasing.html

MFI Increases Loans as Economy Grows

As rising economic growth spurred demand for personal loans, Prasac, Cambodia’s biggest microfinance institution (MFI), provided $106 million in loans between March, 2012 and March, 2013, an increase of 66 per cent compared with the corresponding period a year earlier.  “Loans [were] mainly used for service ...

http://www.phnompenhpost.com/2013041965111/Business/mfi-increases-loans-as-economy-grows.html

Commune bosses 'need skill upgrade'

Speaking on Monday, Dr Touch pointed to an opposition CNRP policy of eliminating the Ministry of Rural Development and offering $500,000 dollars to commune chiefs to develop their local areas through projects such as road and bridge building. “We need commune chiefs who have studied to ...

Sen David
http://www.khmertimeskh.com/news/38908/commune-bosses--need-skill-upgrade-/

Slight fall in food price index

Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...

http://www.phnompenhpost.com/index.php/2012110959664/Business/slight-fall-in-food-price-index.html

MEA, WAPCOS sign agreements for assisting Cambodia in water resources management

The Ministry of External Affairs today signed two agreements with the public sector WAPCOS Limited for assisting Cambodia in water resources management. One of the agreements is on Study of Ground Water Resources of Kampong Spue Province in Cambodia and the other on Development of ...

NetIndian News Network
http://netindian.in/news/2014/05/14/00029084/mea-wapcos-sign-agreements-assisting-cambodia-water-resources-management

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