Cooperatives Key to Help Farmers, Combat Hunger
The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day.
Jean-Pierre de Margerie, country director of the World Food Program, said
Cambodian Oil Transparency Group Sponsors Annual Conference
Cambodians for Resource Revenue Transparency (CRRT) will host a one-day National Conference Nov. 2 on the Best Practice of Governance in Extractive Industries and Revenue Management.
The conference, to be attended by representatives from the Association of South East Asia Nations (ASEAN), will also include representatives
http://eon.businesswire.com/news/eon/20121030005350/en/oil/gas/mining
Cambodia’s garment exports grow in 2012
The exports of garments and textiles from Southeast Asian nation of Cambodia grew to US$ 4.61 billion, up nine percent over total textiles and garment exports worth US$ 4.24 billion made in 2011, according to The Phnom Penh Post report.
However, the rise in garment
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120092
Infrastructure spending rises
Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use.
In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public
http://www.phnompenhpost.com/2013022261558/Business/infrastructure-spending-rises.html
Joint venture will take part in oil explorations
Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday.
Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International
Export Values Up 21 Per Cent
Cambodian export values increased more than 21 per cent in the first quarter of this year compared with the same period last year, and officials said the rise was a positive sign for the Kingdom’s economic growth.
According to the Ministry of Commerce’s export data
http://www.phnompenhpost.com/2013042465194/Business/export-values-up-21-per-cent.html
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge.
Minister Im Sethy
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
Kirilo Hydro station goes online
The Kirilo No.3 Hydro-power Station, located in the KOH Kong Province of Cambodia, was recently put into operation. The ribbon cutting ceremony of the Project was held on February 23, 2013 in the power station area. The Project was investigated and designed by HYDROCHINA Mid-South
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YmJiM2Y0ZTAwZWQ
Cambodia attracts over 2 mln foreign tourists in first half
Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed Saturday.
Tourism is one of the sectors supporting the
http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm
Thailand, Cambodia mull joint business, trade body
Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment.
The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of
http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289
Titles near as students finally on way to district
Nearly 50 families in Koh Kong province’s Kiri Sakor district will finally receive official titles after repeatedly requesting – and being denied – student volunteers to measure their land, the villagers’ commune chief said yesterday.
Koh Pol commune chief Ev Kosal, who participated in the meeting
Mortgage Lending Rises for New Home-Buyers
Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday.
From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million
http://www.cambodiadaily.com/business/mortgage-lending-rises-for-new-home-buyers-20083/
Kampot pepper demand dips
Sales of Cambodia’s World Trade Organization-certified pepper from Kampot province fell to 21 tonnes at the end of this year’s harvest season, a slight decline from 22 tonnes after the end of last year’s season.
Nguon Lay, president of the Kampot Pepper Association, said fast-changing
http://www.phnompenhpost.com/business/kampot-pepper-demand-dips
Officials Consider Export Numbers Fishy
The Ministry of Commerce has released figures showing Cambodia’s export of fishery goods including fresh and dried fish products have decreased drastically in the first quarter of the year, though several government officials viewed the figures with scepticism.
Cambodia exported 49.9 tonnes of fish products in
http://www.phnompenhpost.com/2013050365392/Business/officials-consider-export-numbers-fishy.html
Insurance Institute To Boost Skills in Kingdom
An insurance training centre is being planned in Cambodia to develop local expertise lacking in the Kingdom’s nascent insurance industry.
The institute hopes to offer diploma courses to industry leaders here so they in turn will be qualified to provide insurance training to others, such as
Kingdom to reach rice target
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes.
With this year’s export figures notably higher
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
Arrests Threatened In Ratanakkiri
Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday.
Sav Finh, leader of Lom village’s forestry protection committee,
http://www.phnompenhpost.com/2013051565625/National/arrests-threatened-in-ratanakkiri.html
Bangladesh woes spare Kingdom
A recent string of disasters rocking Bangladesh’s garment industry has highlighted its factories’ shocking safety record, and stoked optimism that giant fashion brands will flock to move their orders to countries like Cambodia.
But Cambodia’s garment industry has not experienced any major deluge of business so
http://www.phnompenhpost.com/2013051665643/Business/bangladesh-woes-spare-kingdom.html
Instalment payments for goods gaining purchase
AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics.
Started
Bail Requests Denied for All Eight Unionists
The Kampong Speu Provincial Court has denied bail for eight unionists accused of instigating violence at the Sabrina Garment factory last Monday.
Kampong Speu Provincial Court judge, Cheum Rithy said yesterday that he had not approved the bail request because significant work remained in questioning
