Cambodia’s Economic Opportunity
While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...
http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/
Official Explanation for Canceled Water Festival Questioned
From the leadership of the opposition CNRP down to Phnom Penh’s street vendors, Prime Minister Hun Sen’s explanation for once again canceling the city’s annual Water Festival—recent flooding in the provinces—is being met with mounting skepticism. In a government decree on Sunday, Mr. Hun Sen said ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/official-explanation-for-canceled-water-festival-questioned-44565/
Economy Should Do Well, Despite China Slowdown: Experts
Although China has undergone an unprecedented economic slowdown, Chinese and Cambodian officials believe it will not seriously affect Cambodia’s economy. Over the past nine months, China’s GDP grew slightly above 7 percent, its slowest pace in 13 years, and some economists expect poor performance for the ...
Khoun Theara
http://www.voacambodia.com/content/economy-should-do-well-despite-china-slowdown-experts-cambodia-khmer/1748785.html
Hun Sen Says More Die on Roads Than in War
Road traffic accidents are killing more Cambodians per year than those who died annually as a result of war during their country’s more than two decades of armed conflict, Prime Minister Hun Sen said Monday. Speaking in Battambang province’s Bavel district at the inauguration of the ...
Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-says-more-die-on-roads-than-in-war-53853/
Be glad you’re not paid in rice, Prime Minister tells teachers
Prime Minister Hun Sen advised the country’s newest crop of teachers not to feel down about their poor salaries, recalling that were they embarking on their careers in the aftermath of the Khmer Rouge regime their pay would be a few bags of rice each ...
Khy Sovuthy
http://www.cambodiadaily.com/news/be-glad-youre-not-paid-in-rice-prime-minister-tells-teachers-53965/
Like father like son, Hun Manet appears to model Hun Sen’s political rhetoric
Since being endorsed by the Cambodian People’s Party in December as the ruling party’s only prime minister candidate, Hun Manet is increasingly appearing in public, taking his father’s place at events ranging from the inauguration of military buildings to road openings. ...
Sorn Sarath
https://cambojanews.com/like-father-like-son-hun-manet-appears-to-model-hun-sens-political-rhetoric/
Pig production priority
Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry, insiders say. The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, ...
http://www.phnompenhpost.com/index.php/2011070150113/Business/pig-production-priority.html
Cambodia, China willing to further enhance cooperation in all fields: officials
Cambodia and China are willing to further promote bilateral cooperation in all fields in the framework of ASEAN-China relations, officials said Monday. The commitment was made during the official visit of Ma Mingqiang, secretary general of ASEAN-China Center, to Cambodia. In a meeting with Cambodia’s Minister ...
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
Thousands Evacuated, but Floodwaters Abating
More than 400 families in Banteay Meanchey province have now been evacuated from their homes due to heavy flooding in towns and villages along the Thai border, provincial officials said yesterday. About 100 families were evacuated from Poipet City – the worst-hit area – yesterday alone, ...
Dam in Northeast Built on Earthquake Site, Study Finds
Experts are recommending that a proposed dam on the Sesan River in northeast Cambodia be equipped with earthquake protection measures, after discovering a quake occurred in the area some 30 years ago. The proposed Lower Sesan II dam would be situated on a site in Stung ...
Despair in Pursat as students begin to exit
Nineteen families from Pursat province’s Prangil commune, plagued by a long-running land dispute with developer Pheapimex, are in despair now that student volunteer surveyors cannot help them reclaim land they say is rightfully theirs. Prime Minister Hun Sen on Wednesday revealed he had revised his ...
Bank to study loan possibilities for rice
Delegates from the Import-Export Bank of China will visit Cambodia next week to discuss loans for the rice-processing and exporting sector, according to government officials. Son Kunthor, president of the state-owned Cambodian Rural Development Bank, said yesterday that Chinese delegates will come to study the feasibility of ...
Firm says gold deposit discovered in Mondolkiri
Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...
Workers protest job cuts at garment factory
More than 100 workers from the Horus Industry garment factory in Phnom Penh Meanchey district protested outside the Ministry of Social Affairs on Friday, demanding that the government order their employer to provide answers as to why hundreds have lost jobs at the factory. Workers say that of ...
Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Vietnam needs more nuts
Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html
Thousands to Be Evicted From Riverbank
Nearly 2,000 families living on the bank of the Sekong River in Stung Treng district will be evicted beginning January to make way for the construction of public gardens, officials said this week. Loy Sophat, Stung Treng provincial governor, said the evicted families could purchase ...
More visitors to hail Kingdom
Cambodia Airports estimates the number of passengers entering via Cambodia’s two international airports will increase by an average 8.8 per cent in 2013. That prediction is 1.2 per cent lower than the 2012 projection of a 10 per cent increase. The lower forecast is due to the ...
http://www.phnompenhpost.com/index.php/2012102559410/Business/more-visitors-to-hail-kingdom.html
Agriculture Sector
A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...