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IMF chief: Cambodia needs to invest more in education, infrastructure

The International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that Cambodia needs to invest more in education and physical infrastructure in order to lay the foundation for future success. While there has been good progress, Cambodia is still being held back by low ...

The Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131203/imf-chief-cambodia-needs-invest-more-education-infrastructur

CNRP calls a timeout

After garment workers swelled turnout at the opposition’s ongoing demonstrations yesterday to what some estimated to be double the number seen at any previous rally, party leadership announced a weeklong moratorium on the marches. Demonstrators will continue to assemble at Freedom Park each day, said Cambodia ...

Mom Kunthear, Sean Teehan and Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-calls-timeout

Phnom Penh Port Says City Center Ban on Trucks Hurting Exports

The Phnom Penh Autonomous Port has requested that City Hall reduce the length of its daily ban forbidding container trucks from traveling on Phnom Penh roads between 5 a.m. and 9 p.m. because cargo is unable to reach the port, resulting in a decrease in ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-port-says-city-center-ban-on-trucks-hurting-exports-46759/

Cambodia, Japan to issue exemptions, long-term and multiple visas

In order to promote and facilitate people to people exchange between Cambodia and Japan, both governments have agreed on visa exemptions and the issuance of long-term and multiple visas, according to a press release issued by Cambodia’s Ministry of Foreign Affairs and International Cooperation. In the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzNkNzY5YjMxZTk

Cambodia, China's Guangdong look to boost tourism cooperation

Representatives of 17 tourism- related companies from southeast Guangdong province of China on Friday met with their Cambodian counterparts in order to seek possibilities for tourism cooperation. The Chinese delegation was led by Zhao Yufang, Vice-Governor of Guangdong Province, while Cambodian side was headed by Pak ...

ECNS News Staff
http://www.ecns.cn/2013/12-14/92619.shtml

Three Men Charged With Illegal Logging in Pursat Sanctuary

The Pursat Provincial Court on Tuesday charged three men with illegally clearing forest inside a protected wildlife sanctuary, and authorities are still searching for the man they were allegedly working for, officials said Wednesday. Provincial prosecutor Tan Seihak Dechak said the three charged men—Pak Im, 41, ...

Khuon Narim
http://www.cambodiadaily.com/news/three-men-charged-with-illegal-logging-in-pursat-sanctuary-49865/

‘Only paying lip service’

Prime Minister Hun Sen yesterday accused the opposition Cambodia National Rescue Party of hypocrisy, claiming that although the CNRP has pushed garment workers to strike for no less than a $160 minimum wage, party leaders pay their own bodyguards, drivers and cooks half that. Opposition leader ...

May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/national/%E2%80%98only-paying-lip-service%E2%80%99

Casino owner’s woes persist

The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...

Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist

Thai court agrees to hear lawsuit over controversial Xayaburi dam in Laos

A top court in Thailand agreed on Tuesday to hear a lawsuit brought by villagers against the country’s decision to purchase power from the planned Xayaburi mega dam in neighboring Laos, which green groups say could threaten the region’s environment and food security. Overruling a lower ...

Parameswaran Ponnudurai
http://www.rfa.org/english/news/laos/lawsuit-06242014170128.html

Raises pending, prices soaring

Since Minister of Labour Ith Sam Heng announced in late-December that the ministry would hike the minimum monthly wage for the garment sector to $100, Nuch Sdoeung has, at times, questioned if he could even afford beef. The wage boost from the prior minimum wage ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/raises-pending-prices-soaring

Comprehensive survey maps the lay of land prices in Phnom Penh

A report on land prices in Phnom Penh that claims to be the first of its kind has canvassed a large number of correspondents to comprehensively gauge property values in the city’s various districts and communes. Released on March 3, Land Price 2014, which was produced ...

Sum Manet
http://www.phnompenhpost.com/real-estate/comprehensive-survey-maps-lay-land-prices-phnom-penh

Living on a dwindling trade

In Samrong Leu village, a picturesque community nestled deep in the verdant fields of Kors Kralor district, the acrid smell of smoke fills the air. Outside almost every house in this community, billows of smoke continuously emerge from the domes of homemade mud kilns, drifting around ...

Kevin Ponniah and Phak Seangly
http://www.phnompenhpost.com/national/living-dwindling-trade

Workers demand bonus increase, labor laws

About 7,000 workers protested in front of the Wing Star Shoes Co. Ltd. factory in Kompong Speu province on Monday, demanding that the company raise their bonuses by $5 and properly enforce a number of labor laws, a union official said. The strike comes ten months ...

Aun Pheap
http://www.cambodiadaily.com/news/workers-demand-bonus-increase-labor-laws-54431/

Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'

Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...

Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play

Ministry swapped in deal with timber magnate

In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...

Aun Pheap and Alex Consiglio
http://www.cambodiadaily.com/news/ministry-swapped-in-deal-with-timber-magnate-59216/

Cambodian parliament panel chief questions management of Angkor Wat revenue

A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...

Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html

Timber by the numbers

Cambodia’s foremost logging baron exported more than 100,000 cubic metres of timber from Sihanoukville Port last year, likely including a species protected by an international treaty to which the Kingdom is a signatory, an analysis by Global Witness of leaked export records suggests. The data, obtained ...

Daniel Pye
http://www.phnompenhpost.com/national/timber-numbers

Bidding for personalised number plates to be capped at $860 million

Minister of Public Works and Transport Sun Chanthol on Tuesday launched a bidding system of the sale of personalised number plates for vehicles. Speaking during the launch, Chanthol said bidding will start at between two million and more than one billion riel ($500 and more ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/bidding-personalised-number-plates-be-capped-860-million

China giant looks to Kingdom

Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...

http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

Exports rise in value, lower imports

Cambodian total export values amounted to $5.9 billion, a year-on-year increase of 11.7 percent in the first five months of this year. The value of Cambodia’s total imports amounted to $8.1 billion,  a decrease by 1 percent in the same period, compared with 2019, according ...

Sok Chan
https://www.khmertimeskh.com/50749966/exports-rise-in-value-lower-imports/

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