Yearender: Cambodia's economy remains strong in 2013 despite political row, flood havoc: officials
Cambodia’s economy is expected to maintain the robust growth of over 7 percent this year even though the country is still trapped in political dispute and recovering from the aftermath of recent floods, senior officials and bankers said. But some analysts predicted that political trouble, coupled ...
Nguon Sovan and Wang Qibing
http://news.xinhuanet.com/english/business/2013-12/19/c_132979125.htm
Rainsy tells supporters to heed fall of Yanukovich
SA’ANG DISTRICT, Kandal province – A little over a month after supporters of Prime Minister Hun Sen forced the cancellation of an opposition party rally here, CNRP leaders Sam Rainsy and Kem Sokha returned to address followers and promise that the change that swept away ...
Phorn Bopha
http://www.cambodiadaily.com/news/rainsy-tells-supporters-to-heed-fall-of-yanukovich-53273/
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
Boeung Kak women kept away from NGO, reporters
Imprisoned Boeung Kak lake villagers, some crying, motioned to human rights representatives and Post reporters through a chain-link fence at Prey Sar prison on Tuesday. Their efforts to talk to the visitors were futile, however, as two guards stopped anyone from approaching the 13 women sentenced ...
http://www.phnompenhpost.com/index.php/2012053056483/National-news/silent-treatment-at-prey-sar.html
Development of mega-airport continues, despite opposition by locals
Families who have to make way for Phnom Penh’s new mega airport are refusing to relocate to land set aside for them, and are demanding more monetary compensation for what they’re being forced to vacate. ...
Sorn Sarath and Seoung Nimol
https://cambojanews.com/development-of-mega-airport-continues-despite-opposition-by-locals/
One week deadline for beer strike resolution
Following “tough discussions” with Phnom Penh’s deputy governor yesterday, Angkor Beer promoters agreed to suspend their protest for one week starting today. Ou Tep Phally, vice-president of the Cambodian Foods and Service Workers’ Federation, said five beer promoters and one union representative negotiated with officials. ...
Korea trade keeps on climbing
CAMBODIA’S trade with South Korea grew 38 percent in the first half of 2011 on the same period last year, according to Korea Trade-Investment Promotion Agency (KORTA) statistics. The growth is partly due to increasing numbers of South Korean importers seeking business in Cambodia, KOTRA’s ...
http://www.phnompenhpost.com/index.php/2011080850915/Business/korea-trade-keeps-on-climbing.html
Fainting factory goes on sick-leave strike
More than 100 workers at a garment factory hit by a mass fainting incident in late July went on strike yesterday to demand the dismissal of a supervisor they accused of denying them the right to take sick leave. The strike at Hung Wah (Cambodia) Garment ...
Chinese 'no-strings' loans come at a cost
As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...
Oz Minerals Sells M'Kiri Gold Assets
After more than three years of disappointment in its search for large gold deposits in Mondolkiri province, Australian mining firm OZ Minerals has decided to sell its Cambodian assets to another Australian company In a statement to the Australian Stock Exchange, OZ Minerals said that it ...
Two dollar strike to continue
Angkor Beer promoters yesterday rejected an offer from the municipality that would have required them to suspend their strike while officials negotiated a solution for them, telling Phnom Penh’s deputy governor that their protest is legal and that their employer is breaking the law. More ...
Strong Rains Hasten Rice Planting Across Country
Good rains have boosted rice cultivation across the country, and nearly 90 percent of farmers have completed planting their paddies, although planting in Svay Rieng province is lagging due to drought, and agriculture official said yesterday. Chan Heng, administration bureau chief of the Agriculture Ministry’s administration ...
Investment by China Doubles In First Half
Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...
Kingdom's exports jump 44%
Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per ...
http://www.phnompenhpost.com/index.php/2011112552966/Business/kingdoms-exports-jump-44.html
Garment factories: Minimum wage raise scrutinised
The presidents of three unions have appealed to the Garment Manufacturing Association of Cambodia to improve the “miserable” living conditions of its workers by providing higher wages and better benefits, a letter received by the Post yesterday shows. The letter is dated March 2 and signed ...
Workers Faint Daily in Sihanoukville, NGO says
The Cambodian Legal Education Center (CLEC) is “extremely concerned” after an investigation following a mass fainting last month at Nanguo garment factory in Preah Sihanouk province last month found that at least one to two workers are fainting daily in eight factories in the province. ...
China influence over Cambodia to be tested at SE Asia summit
China’s presence in the Cambodian capital Phnom Penh is obvious. The city skyline is dotted by Chinese-funded projects. But the full extent of Beijing’s influence here will be tested when President Hu Jintao visits this week ahead of a regional summit. The timing of Hu’s visit ...
http://www.reuters.com/article/2012/03/29/asean-china-idUSL2E8ER98X20120329?irpc=93
Influx of Chinese business travelers, investors to Cambodia drives construction boom
Cambodia’s economy has seen an influx of business investors from China, which has driven demand for housing and hospitality services in the Southeast Asian nation. Two million Chinese visited the country last year, an increase of around 67 per cent from 2017. They represented the ...
Martin Choi
https://www.scmp.com/property/international/article/3020644/influx-chinese-business-travellers-investors-cambodia-drives
National budget for 2020 approved
The National Assembly yesterday unanimously approved the draft Budget Law for 2020. The law was approved by 108 of the 123 lawmakers that attended the plenary session of the National Assembly. According to the draft law, the government plans to spend $8.2 billion in 2020, ...
Chea Vannak
https://www.khmertimeskh.com/50664298/national-budget-for-2020-approved/
Cambodia to boost China rice exports
Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap. Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night, ...