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CamKo struggles to move beyond crash

From the start, the project seemed impossibly ambitious: A $2-billion South Korean satellite city—complete with condominiums, office space, luxury villas, a shopping mall, health clinics, banks and an airport—on the outskirts of Phnom Penh. Claiming the land was not properly appraised, and that the decision ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/camko-struggles-to-move-beyond-banks-collapse-71320/

Boosting of resin production a way to increase rural incomes

Environmental groups that gathered at the Himawari Hotel in Phnom Penh on Friday said that tens of thousands of rural Cambodians could benefit from the development of the country’s resin industry. At a conference held by the Non-Timber Forest Products Exchange Program for South and Southeast ...

A ‘good neighbour’ policy

Australian Foreign Minister Bob Carr chose Cambodia as his first official overseas trip since his March 2 appointment to the top foreign policy job. The Australian Labor Party politician, former journalist and longtime premier of New South Wales sat down on Monday evening with the ...

http://www.phnompenhpost.com/index.php/2012032855289/National-news/a-good-neighbour-policy.html

Cambodia rangers get S. African help

Sixty Cambodian wildlife park rangers will be trained by South African experts next year, funded by video streaming content revenue generated by a partnership between  the World Wildlife Fund (WWF) International  and the Canadian-based  international English-language TV channel, Love Nature. WWF International will leverage scenes from ...

Peter Olszewski
http://www.khmertimeskh.com/news/29629/cambodia-rangers-get--s--african-help/

UN Rights Official Urges Cambodia to Ratify Convention To Protect Workers Abroad

A top UN diplomat has encouraged Cambodia to ratify a convention that would protect its migrant workers abroad. James Heenan, from the office of human rights at the UN, said in a forum in Phnom Penh that Cambodian workers abroad often see their rights violated. .. ...

http://www.voacambodia.com/content/un-rights-official-urges-cambodia-to-ratify-convention-to-protect-workers-abroad/1544255.html

Hor Namhong Rejects Blame For Failed Talks

Foreign Minister Hor Namhong on Friday put the blame for last week’s failure among Asean countries to release a joint communiqué on territorial disputes in the South China Sea firmly back on Vietnam and the Philippines. More than a week since discussions related to the territorial dispute between Asean’s members ...

Koreans aim for medical tourists from Kingdom

The 24,000 Cambodians who visited South Korea during 2011 included about 100 people going for medical services, most of them high-ranking Cambodian government officials, according to Charm Lee, President of the Korea Tourism Organization. At a Korean Medical Tourism conference on Saturday at Sofitel in Phnom ...

http://www.phnompenhpost.com/index.php/2012060456560/Business/koreans-aim-for-medical-tourists-from-kingdom.html

Construction of new airport planned for 2014

After being delayed twice, construction of the New Siem Reap International Airport (NSRIA) is expected to start in early 2014, a senior government official said yesterday. Tek Reth Samrach, chairman of the NSRIA steering committee, said a detailed plan must be completed by the airport’s two ...

Chan Muy Hong
http://www.phnompenhpost.com/business/construction-new-airport-planned-2014

Cambodia's ethnic Khmer Krom ends 3-day protest against Vietnamese diplomat

Some 500 ethnic minority Khmer Krom monks and activists concluded Wednesday their three-day protest against a Vietnamese diplomat, who reportedly said that South Vietnam, or former Kampuchea Krom provinces, belonged to Vietnam prior to France’s official transfer of the land in 1949. The protest ended without ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=235133

Cambodia imports vehicles worth 554 mln USD in 9 months

Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/31/c_133756588.htm

Ratings Agency Retains Stable Growth Outlook for Cambodia

Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...

http://www.cambodiadaily.com

Millers need greater access to credit: Govt

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...

http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html

Land Titling Program Favors Wealthy Businessman

In Washington today, attendees of the World Bank’s Annual Conference on Land and Poverty will hear a flattering account of Prime Minister Hun Sen’s ambitious project to furnish nearly half a million Cambodian families with new private land titles just in time for July’s national ...

http://www.cambodiadaily.com/news/land-titling-program-favors-wealthy-businessman-17831/

Petroleum imports surge on economic growth

A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the ...

Aviation Chief Urges Compensation for Victims of PMT Crash

Fielding questions from opposition lawmakers in the National Assembly yesterday, the chief of the State Secretary of Civil Aviation (SSCA) addressed a host of issues that have drawn recent criticism of the government body. SSCA Secretary of State Mao Havanall began by saying that the secretariat ...

http://www.cambodiadaily.com

Cambodia Drops a Spot in Asean as Burma Reforms

THE ten-member Association of South-East Asian Nations (ASEAN) is used to fending off “interference” by the West in the internal affairs of some of its members. In recent years the human-rights record of the regime in Myanmar has been the tenderest of these sore spots. ...

http://www.economist.com/news/asia/21566658-few-days-centre-stage-hun-sen-cambodias-dictator-may-not-be-entirely-welcome-tenth-out

Cambodia launches green growth plan 2013-2030

Cambodia on Friday adopted the national policy and strategic plan for green growth 2013-2030, aiming at developing the economy with consideration for environmental and natural resources sustainability. It said the country has already adopted several legal instruments for the green growth implementation. Those included ...

http://news.xinhuanet.com/english/world/2013-03/01/c_132201617.htm

Risk Of Money Laundering Grows With Economy

With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...

http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/

Report: MFI loans force land sales, increase in child labour

A report from local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT) claimed that the increasing levels of debt caused by taking loans from microfinance institutions (MFIs) is forcing rural families to sell off land. The study also claimed that the sharp rise in debt ...

Thou Vireak
https://www.phnompenhpost.com/business/report-mfi-loans-force-land-sales-increase-child-labour

Construction insurance trails boom

Despite strong growth in investment in the construction sector, investors, builders and developers still largely neglect insurance on projects, industry and government officials say.​ ...

Sum Manet
http://www.khmertimeskh.com/news/24090/construction-insurance-trails-boom/

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