Local beer to be sold in France
Khmer Brewery, the maker of Cambodia Beer, plans to begin sales to France, the company’s third export market, this month, having tasted success in Japan and Malaysia.
It is one of six breweries in the Kingdom, but the only one whose investor base is local.
With
http://www.phnompenhpost.com/2013040164803/Business/local-beer-to-be-sold-in-france.html
Work begins on new friendship bridge to Cambodia
Construction began yesterday on a bridge crossing an upstream section of the Vam Co Dong River that borders Cambodia.
The US $2.2-million friendship bridge will link the southern province of Tay Ninh with Cambodia’s Prey Veng Province at the Tan Nam – Mean Chay border gate
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YzczMTk5OTQ2MDY
When Is Credit Growth Too Fast and How To Deal With It?
Cambodia’s financial system appears to be shifting to excessive credit growth.
The credit-to-GDP ratio has reached 37 percent, well above the low-income economies (LTCs). If credit growth were to continue at the current pace, by mid-2013 the ratio would exceed even the median for more
Huawei withdraws injunction
Huawei Technologies (Cambodia) Co agreed yesterday to withdraw its injunction against Mfone in order to pave the way for a court-appointed administrator to sell the bankrupt company’s assets and compensate its many creditors.
Along with other creditors, Huawei representatives expressed concerns that the assets would
http://www.phnompenhpost.com/2013040964953/Business/huawei-withdraws-injunction.html
Water investors criticise return
Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company.
PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500
Hor Kimsay
http://www.phnompenhpost.com/2013041165029/Business/water-investors-criticise-return.html
Villagers Seize Trucks in Protest
More than 300 protesters seized two company trucks outside the Kratie office of Korean-owned timber company Think Biotech Co yesterday as protests by villagers who allege land-grabbing continued for a second day.
“We have seized the company’s two trucks to ask the company to come
http://www.phnompenhpost.com/2013052865873/National/villagers-seize-trucks-in-protest.html
Malnutrition central to health gap: NGO
The gap between Cambodia’s health rich and health poor is “devastating”, according to a report by World Vision issued yesterday.
Cambodia is ranked 124 out of 176 countries on the global index based on four indicators used to measure the gap in each listed country: life
Amelia Woodside
http://www.phnompenhpost.com/national/malnutrition-central-health-gap-ngo
Air China launches Beijing-Cambodia's Siem Reap direct flight
Air China has started to operate direct flights between China’s Beijing and Cambodia’s Siem Reap province, aiming at further promoting tourism and economic ties.
Its first flight landed at the Siem Reap International Airport at Sunday night with 115 passengers onboard.
Cambodia greeted 339,890 Chinese
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-12/02/c_132934784.htm
China, Cambodia establish intergovernmental coordination committee
Chinese State Councilor Yang Jiechi and Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong on Thursday co-chaired the first meeting of China-Cambodia Intergovernmental Coordination Committee in Beijing.
During the meeting, the two sides achieved broad consensus on enhancing comprehensive strategic partnership of cooperation, said a
Ecns News Staff
http://www.ecns.cn/2014/01-03/95372.shtml
Cambodian, U.S. senior officials meet to promote bilateral ties
Cambodian and U.S. senior officials met here on Monday to further promote bilateral ties and cooperation.
The meeting was made between Ouch Borith, secretary of state at the Cambodian Ministry of Foreign Affairs, and Scot Marciel, visiting principal deputy assistant to the United States Secretary of
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/04/c_132858319.htm
Migrants unaware of risks: NGO
A small survey of families in five villages in Battambang has found that most workers who are lured to illegal migrant work in Thailand cite salaries of twice the average Cambodian wage or higher as their main reason and appear unaware of the risks.
Moeun Tola,
Sen David
http://www.phnompenhpost.com/national/migrants-unaware-risks-ngo
IBBM Launches Chartered Banker Qualifications In Cambodia
The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country.
The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General
Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465
Database will assist farmers
Rural farmers will soon be able to access farming information via experts under an initiative of the International Fund for Agriculture Development (IFAD).
The project, with Bangladesh-based Grameen-Intel, encourages local entrepreneurs to first reach out to small farmers and collect data about crops. This is then
Daniel de Carteret
http://www.phnompenhpost.com/business/database-will-assist-farmers
Two French Nationals Robbed, One Hospitalized
Two French nationals were attacked and robbed over the weekend in separate incidents near the National Museum at the corner of streets 13 and 178 in Phnom Penh’s Daun Penh district, police and friends of the victims said Monday.
Following the two robberies, a tourism
Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/news/two-french-nationals-robbed-one-hospitalized-49627/
IMF says Cambodia's strong outlook subject to 'considerable' risks
Cambodia’s strong economic growth and foreign investment are subject to “considerable” downside risks, the International Monetary Fund has warned.
A staff report released in Washington late Tuesday said “economic activity remains strong driven by robust exports, with garment exports helped by preferential access to European Union.”
At
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2FjYzE4NzRmYzQ
Police arrest 11 Cambodians for illegally crossing the border to Thailand
Police arrested 11 Cambodian people while they were trying to illegally cross the border to work in Thailand.
Thousands of Cambodian people reportedly crossed the border illegally to find jobs and cut down trees in Thailand every year, prompting the Thai soldiers to open fire
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NjA3NDQ4ZjhlOGE
ILO, Camfeba outline ways to improve investment climate
The International Labor Organization said it would launch on Wednesday two reports outlining ways to improve the investment climate in Cambodia.
The first report, by the ILO, analyses Cambodia’s performance in 17 areas and contains a national survey of workers and employers. Key areas include
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzJiMjE2YzkzYTA
Labor ministry to inspect migrant worker recruitment agencies
The government today will begin strict inspections of agencies that recruit workers to send overseas, Labor Minister Ith Sam Heng said Tuesday.
The labor minister has previously threatened to suspend or revoke the licenses of agencies that do not comply with labor laws.
Speaking at a workshop
Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-to-inspect-migrant-worker-recruitment-agencies-54925/
Assembly back, CNRP not
The Kingdom’s fifth National Assembly is to open its second session today, more than six months after the opposition party boycotted the inauguration of parliament on September 23 and left 68 Cambodian People’s Party lawmakers to swear-in at the Royal Palace on their own.
According to
Meas Sokchea
http://www.phnompenhpost.com/national/assembly-back-cnrp-not
Rethinking investment laws
Cambodia’s 11-year-old investment law may be the most liberal in the region, according to the World Bank, but in practice, day-to-day business operations are far from simple, economists and business operators say.
Mey Kalyan, senior adviser to the Supreme National Economic Council, said that despite a
Eddie Morton
http://www.phnompenhpost.com/business/rethinking-investment-laws
