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Flooding could affect growth

When the extent of flood damage becomes clear, the Asian Development Bank may lower its economic growth forecast for Cambodia to reflect the severity of the aftermath, a senior official with agency’s local office said yesterday. “It is possible that we will have to revise downward ...

Joe Freeman and Sen David, P.7
http://www.phnompenhpost.com

SBC to Rebrand Following Taiwan Acquisition

Locally owned Singapore Banking Corp. (SBC) will rebrand itself Thursday as Cathay United Bank (Cambodia) Corp. Ltd., or CUBC, as part of a deal that finalizes the acquisition of SBC by Taiwanese financial corporation Cathay United Bank, according to a copy of a speech that ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/sbc-to-rebrand-following-taiwan-acquisition-50684/

In Stung Treng, forests fall before they’re washed away

On the Sesan and Srepok rivers in the northeast, boats of all shapes and sizes lug timber back and forth between the banks. Men wait on craggy land alongside the water with jerry-rigged winches and homemade vehicles to drag precious cargo up steep inclines. Fallen ...

Matt Blomberg
http://www.cambodiadaily.com/news/in-stung-treng-province-communities-fell-their-forests-before-they-are-washed-away-67369/

People affected by expressway project demand fair compensation

Families displaced by the construction of the Phnom Penh-Sihanoukville expressway have again asked the government for fair compensation so that they can find new homes. More than 130 families from Kamboul commune – in Phnom Penh’s Kamboul district – affected by Cambodia’s first expressway project ...

Pech Sotheary
https://www.khmertimeskh.com/50672918/people-affected-by-expressway-project-demand-fair-compensation

Announcement on the government's decision to temporarily suspend paddy rice and white rice exportation

On 30 March, the Royal Government of Cambodia (RGC) made a decision during the conference held at the National Assembly to ensure food security as well as stability of rice’s price in the market. Upon the decision, the Ministry of Commerce has an honor to ...

Ministry of Commerce

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Cambodia’s ongoing human trafficking problem

Svay Pak is an internationally known district for child sex in Cambodia’s capital of Phnom Penh, where foreign men come to seek sex with young girls. According to a 2011 study by ECPAT Cambodia, around 75 percent of the victims of sex trafficking within Cambodia were children. The study also ...

Kyla Ryan
http://thediplomat.com/2014/07/cambodias-ongoing-human-trafficking-problem/

Software licenses debated

Open source software is an important way forward and a useful impetus for development in Cambodia, according to attendees of the Kingdom’s first software conference this weekend. The conference, which centred on TYPO3, an open source content management system (CMS), was held this past weekend ...

http://www.phnompenhpost.com/index.php/2012082058154/Business/software-licences-in-cambodia-debated.html

An Songmouy

Economics  Editor – ResearcherSongmouy is an Economics Editor-Researcher at Open Development Cambodia. She holds a Bachelor of International Affairs and Economics from Lafayette College in 2022. Before joining ODC, Songmouy worked as a senior research analyst at a market research company.Her main responsibilities include publishing ...

Gov’t to Watch Shipments From Bird Flu-Hit Countries

Manila–Incoming bird and poultry shipments from countries affected by the highly pathogenic avian influenza (HPAI) will be seized and destroyed given concerns of a resurgence, the government said. The Agriculture department last Friday announce heightened surveillance at all ports of entry as well as the ...

http://www.bworldonline.com/content.php?section=TopStory&title=Gov%E2%80%99t-to-watch-shipments-from-bird-flu-hit-countries&id=37721

Kingdom factory goes for the gold

Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...

http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html

Consolidation on Horizon as Mobile Operators Enter Talks

Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...

Offshore energy claims open divisions in Southeast Asia

Depending on who you believe, the South China Sea could be the next Persian Gulf due to its untapped oil and gas deposits. It’s also a key shipping lane that the US Navy has guarded for decades. That’s why so many countries are sparring over remote ...

http://www.forbes.com/sites/simonmontlake/2011/10/18/offshore-energy-claims-open-divisions-in-southeast-asia/

Kampot Pepper Farmers to see Bumper Year

When the harvest season for Kampot pepper starts next month, farmers in Kampot province expect this year’s crop to yield more than 17 percent above last year, a representative of the farmers said. Nguon Lay, president of the Kampot Pepper Association, said last week that ...

http://www.cambodiadaily.com/

Angkor Gold cashes in on Cambodia

It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...

http://www.northernminer.com/news/angkor-gold-cashes-in-on-cambodia/1001981285/?type=HotSectors

Capital ideas for developers

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers

Sugar Playing Catch-Up With Spice

Dotted with rice fields flanked by palm trees, Cambodia’s southeastern province of Kampong Speu is nothing short of picturesque. But behind the idyllic exterior is an on-going struggle to turn this region’s natural beauty into a global attraction and improve the lot of poor local farmers, ...

http://www.iede.co.uk/news/2013_1290/sugar-playing-catch-spice

Robust Recovery Continues

Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html

IFC, Deutsche Bank respond to Global Witness report

On May 13, we ran an interview with London-based NGO Global Witness accusing the Deutsche Bank and the International Finance Corporation of financing two Vietnamese rubber companies that are allegedly involved in land grabs in Cambodia and Laos. We asked both banks for a response ...

http://www.radioaustralia.net.au/international/radio/program/connect-asia/ifc-deutsche-bank-respond-to-global-witness-report/1130314

Flood crisis another setback for real estate sector

While the political crisis in the country is still ongoing, Cambodia is now suffering another crisis due to flooding, which has had a big impact on the country’s real estate business. Kim Heang, the President of Khmer Real Estate, said the buying and selling of real ...

Siv Meng
http://www.phnompenhpost.com/real-estate/flood-crisis-another-setback-real-estate-sector

Cambodia’s tourism soars

Cambodia’s tourist arrivals registered a 16.9% growth in September according to the country’s statistics and tourist Information department. The country attracted 283,787 visits compared to 242,747 during the same month in 2012. Released by the Ministry of Tourism, late last week, data showed the percentage ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/cambodias-tourism-soars/

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