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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

Launching ceremony of the National Secretariat of Cambodia for Mekong-Lancang Cooperation (NSC-MLC)

On 10 October 2017, H.E. Prak Sokhonn, Senior Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, will preside over the launching ceremony of the National Secretariat of Cambodia for Mekong-Lancang Cooperation (NSC-MLC), at the Ministry of Foreign Affairs and International ...

Ministry of Foreign Affairs and International Cooperation

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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 ...

http://www.phnompenhpost.com/index.php/2012082858313/Business/camko-city-restarts-as-banking-scandals-drop.html

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 ...

http://www.phnompenhpost.com/index.php/2012083158402/National-news/trafficking-convictions-upheld.html

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 ...

http://www.cambodiadaily.com

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 ...

Piaggio's Vespa Scoots Back Into Phnom Penh

Vespa, the iconic Italian scooter, is now officially available for purchase in Cambodia-again. Italy-based automobile company Piaggio, in cooperation with the local Narita Group, opened the doors yesterday to the country’s first licensed Vespa dealership. The new Vespas range in price from $2,950 for the ...

Rice registration for different strains

In an effort to promote rice exports among Cambodian farmers, government officials said on Tuesday they will register the type of rice seed set for export and the rice seed produced for the national market. Cham Prasidh, Minister of Commerce, said on the closing of the ...

http://www.phnompenhpost.com/index.php/2012100459100/Business/rice-registration-for-different-strains.html

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