Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
Neglecting to conduct good market research is hurting SMEs in Cambodia
A large majority of Cambodian small and medium-sized enterprises are operating without conducting good market research, say experts in the field, and relying too heavily on informal information and networks. As a result, they are growing slowly and in some cases, falling behind their competitors. Market research involves gathering information about markets and customers. Laurent Notin, ...
Chinese tourists to Cambodia's Angkor heritage site up 17 pct in first half
The number of Chinese visitors to Cambodia’s Angkor Wat temple, one of the World Heritage Sites, has reached 161,700 in the first six months of this year, a 17 percent rise over the same period last year, an official data showed Friday. The data from the ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2014-08/01/c_133524492.htm
Taiwan’s leading bank opens in Cambodia to boost trade
The China’s Taiwan leading bank, Mega international (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...
Port in Kampot to turn province into regional trade hub
Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...
Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank
Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...
Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376
Police confirm arrest of villagers in dispute with Pailin Governor
Police officials confirmed Tuesday that the villagers involved in a land dispute with a company allegedly owned by Pailin Governor Y Chhien were arrested late Monday and said that one more villager was detained Tuesday. Sath Sin, deputy police chief of Pailin province’s Sala Krao district, ...
Cambodia's weekend elections will be the 'least fair' in history
Thousands of government and opposition supporters have hit the streets in Cambodia to drum up last minute support ahead of this Sunday’s election. Election monitors are fanning out across the country to ensure a free and fair vote. Koul Panha, Director of Comfrel Cambodia’s Committee for Free ...
http://www.abc.net.au/news/2013-07-26/an-cambodia-free-and-fair/4845154
IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021
The International Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, IncludIng Cambodia which is forecasted to have a nomInal combIned GDP projected growth of 1.0 percent this year before surgIng 8.5 percent next year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50714379/imf-sees-cambodia-registering-a-combined-gdp-growth-of-one-percent-this-year-and-to-expand-to-8-5-percent-in-2021/
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...
Rabies still a public health hazard in Cambodia: WHO
PHNOM PENH, Sept. 27 (Xinhua) — The World Health Organization ( WHO) said Friday that rabies was still a public health hazard in Cambodia and called for broad vaccinations for dogs to prevent the disease. “Rabies is highly endemic and a noticeable disease in Cambodia, ” ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2013-09/27/c_132756196.htm
CNRP Supporters Run Through Practice Sit-In for Saturday
The opposition CNRP on Wednesday held its second and last day of training for party supporters ahead of its mass demonstrations planned for Saturday driving home its message of peace and nonviolence. Amid persistent and ominous warnings from the government that the demonstrations may turn violent, ...
Phorn Bopha and Zsombor Peter
http://www.cambodiadaily.com/elections/cnrp-supporters-run-through-practice-sit-in-for-saturday-41702/
Risk-averse Japanese investing more in Phnom Penh condos
In the course of a city’s development, especially a capital city, certaIn events serve as mile markers, raisIng their profile both regionally and globally. Few understand the changIng views of Japanese Investors toward Cambodia better than the upper management of boutique real estate consultancy AnnaCam ...
Chris Horton
http://www.phnompenhpost.com/real-estate/risk-averse-japanese-investing-more-phnom-penh-condos
No mention of party affiliation in code for judges
A new draft law on the Status of Judges and Prosecutors does not prohibit the judiciary from affiliation with political parties and allows Supreme Court judges and prosecutors to work beyond the mandatory retirement age of 60, when all other judges will be expected to ...
Khy Sovuthy
http://www.cambodiadaily.com/news/no-mention-of-party-affiliation-in-code-for-judges-54183/
Tourists in Phnom Penh Find Novelty Among Demonstrations
Despite the demonstration at Freedom Park, razor-wire barricades, blocked streets and clashes between citizens and police in the past two days, it appears that the camp-in and security presence in the city are merely a novelty for some tourists. On Monday afternoon, one couple, Australians John ...
Matt Blomberg
http://www.cambodiadaily.com/elections/tourists-in-phnom-penh-find-novelty-among-demonstrations-42535/
Asean invests $178 Million in Cambodia for the first semester of 2012
Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...
Chevrolet autos aim to tap into demand for new cars in Cambodia
Chevrolet, one of America’s iconic brand autos, officially launched its first dealership here on Monday, aiming at tapping into the country’s growing market for new vehicles. Martin Apfel, president of the US’ General Motors to Southeast Asia Operations, said at the launching ceremony at the cars’ ...
Government provides about $813,000 to 24 provinces for one-week quarantine expenses
Prime Minister Hun Sen has provided about $813,000 to 24 provinces for one-week quarantine from today until June 13. ...
Khmer Times Staff
https://www.khmertimeskh.com/50870285/government-provides-about-813000-to-24-provinces-for-one-week-quarantine-expenses/
Cambodia marks 70th Independence Day, vowing to stay united as one
Cambodia celebrated the 70th anniversary of its independence on Thursday, vowing to stay united as one to safeguard the kingdom’s peace, security, stability and development. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390180/cambodia-marks-70th-independence-day-vowing-to-stay-united-as-one/
Australian Police Say Appropriate Steps Taken in BHP Bribery Case
The Australian Federal Police (AFP) said Monday they have taken the necessary steps to investigate claims that the world’s largest mining company, BHP Billiton, bribed officials in Cambodia and played down reports that it had mishandled one the country’s largest cases in corporate corruption. “The ...