Cambodia Will Host Forum of Rice Product to Boost Rice Export
The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 October at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...
New plant a benefit for cassava crop
An ethanol plant planned for Cambodia’s Banteay Meanchey province would push local production of the crop, as well as decreased reliance on foreign markets, officials and cassava farmers said yesterday. Construction on the joint venture between a Chinese firm and Cambodia’s National Company for Development will ...
Building 10 rises at Borei Keila
Another building is rapidly rising on the plot of land reserved for the tenth and last building promised to evicted Borei Keila residents. Behind 100 protesting evictees, construction workers continued pounding away yesterday at a steel structure that started coming up last week, along ...
http://www.phnompenhpost.com/index.php/2012022854753/National-news/building-10-rises-at-b-keila.html
Hu's visit in Cambodia boosts ties
The upcoming visit of Chinese president Hu Jintao to Cambodia next week will build closer ties between the two countries, China and ASEAN as the visit is coincided with the 20th ASEAN Summit, said a senior official Sunday. The visit will also create more confidence among ...
http://en.ce.cn/National/Politics/201203/26/t20120326_23188224.shtml
Tourism wins in China trade deal
Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...
http://www.phnompenhpost.com/index.php/2012040655456/Business/tourism-wins-in-china-trade-deal.html
Control credit, says Moody's
While Cambodia’s Moody’s rating is still at the same B2 level as last year, its economic growth has been downgraded two points from 2015, with the international credit rating agency warning that the Kingdom’s rapid pace of credit growth could pose financial stability risks. “The pace ...
May Kunmakara
http://www.khmertimeskh.com/news/28970/control-credit--says-moody-s/
Rice harvest estimates taken with a grain of salt
New government estimates on this year’s rice production and forecasts for next year’s crop may be overly optimistic, industry experts say, factoring in the impact of a drought that damaged crops and is expected to carry over into the next dry season harvest.The Ministry of ...
Ananth Baliga
http://www.phnompenhpost.com/business/rice-harvest-estimates-taken-grain-salt
NagaCorp casino 2016 profits show modest growth
Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth
Camko City restarts after one-year hiatus
Construction at Camko City, an unfinished, US$2 billion satellite city in northwestern Phnom Penh, has resumed after at least one sentence connecting the mega-project’s chief executive with a Korean banking scandal was dropped. , the company behind Camko City, has resumed the construction of retail space ...
Trafficking convictions upheld
Five brokers saw their convictions upheld yesterday at Phnom Penh’s Court of Appeal for trafficking 20 Cambodian nationals into Thailand, but legal experts say such convictions for trafficking in Cambodia are still far too rare. While Judge Chan Madyna upheld the men’s 2010 convictions, he shaved ...
Direct flights set for all ASEAN this year
CAMBODIA will have direct flights to all ASEAN member states this year in order to promote stronger growth of the tourism sector in the Kingdom, according to the Ministry of Tourism. Minister of Tourism Thong Khon said Cambodia will become fully connected to the ASEAN region ...
http://www.phnompenhpost.com/2013022861655/Business/direct-flights-set-for-all-asean-this-year.html
USDA Hikes 2013 Export Projections for Cambodia, India, U.S.
The USDA increased its rice export forecasts for India, Cambodia and the U.S. mainly due to higher production estimates in these countries. Cambodia’s 2013 rice export estimates was increased 150,000 tons to a record 975,000 tons, up about 21% from last year, said the USDA in ...
http://oryza.com/content/usda-hikes-2013-export-projections-cambodia-india-us
Vietnamese Goods Fair Opens In Phnom Penh
The 10th High Quality Vietnamese Products and Exports trade fair opened yesterday in the Cambodian capital city of Phnom Penh. It has attracted around 150 firms who have set up 250 booths to display more than 2,000 products, including electronics, consumer goods, stationary, books, construction materials, ...
Factory Manager Handed Suspended Sentence
A Chinese garment factory manager was handed a three-month suspended sentence and released yesterday after she was found guilty of folding up a photograph of King Father Norodom Sihanouk in front of workers in Kandal province, officials said. Liv Kuy Chheang, 45, was charged with intentionally ...
In Garment Sector, a Labor Movement Divided
There was so much noise blasting from the loudspeakers that the occasional rallying cry from striking workers at the demonstration in Phnom Penh’s Dangkao district last week could hardly be heard. One 2-meter high stack of amplifiers had been set up outside the Nex-T factory and ...
Villagers Accuse Armed Forces of Illegal Logging
Over the past half year, the military has established dozens of bases in protected community forests in Oddar Meanchey province and used them as an inroad for rampant illegal logging, villagers and forestry administration officials said yesterday. Nearly 2,000 villagers from local forest communities have thumbprinted ...
Revenue Growth in Advertising Sector Slows
Revenue growth in the advertising sector increased just 4 percent to $24.1 million during the first quarter of the year compared to the same period in 2011, as mobile phone operators struggling to make a profit in an oversaturated market were forced to cut their ...
Virtual Sam Rainsy Slapped With Actual Fine
The Provincial Election Committee (PEC) on Monday fined opposition leader Sam Rainsy $2,500 for verbally attacking Prime Minister Hun Sen from afar during a video-link speech beamed to supporters in Phnom Penh, officials said yesterday. Mr. Rainsy, who currently lives in self-imposed exile in Paris, was ...
Cambodia plans to ask finance from China to build 300 to 500 km rural roads annually
Samdech Prime Minister Hun Sen said this week that he will talk with Chinese leaders especially his Chinese counterpart PM Wen Jiaboa about finance to build 300-500 km rural roads in the country in contribution of helping poverty reduction and living conditions of the local ...
No Effective Voice for Those Facing Land Issues
Despite the government embarking on a nationwide land-titling program, there is still little space for communities affected by economic land concessions to voice their concerns with the government, members of civil society said at a conference in Phnom Penh yesterday. “We’ve observed that there is limited ...