Cambodia To be Free from ODA in 2030
Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon announced that Cambodia would be free from the Official Development Assistance (ODA) by 2030.
Speaking to the U.S. Ambassador to Cambodia H.E. William E. Todd in a discussion at the ministry yesterday, H.E. Keat
BUSINESS IN BRIEF 27/2: Cambodia, Laos Rubber
The area under Viet Nam Rubber Group’s cultivation in Laos and Cambodia totals 100,000 ha, including 27,000 ha under the group’s seven rubber projects in Laos.
By the end of 2012, VRG had 21 rubber projects in Cambodia, including 19 rubber tree plantations and
http://english.vietnamnet.vn/fms/business/67334/business-in-brief-27-2.html
Foreign activists detained
Police arrested five activists from labour-rights group Clean Clothes Campaign yesterday outside the E Garment factory in Kandal province.
Neuv Sakhan, deputy director of the Kandal provincial immigration police, told the Post four women and one man, from Norway, Belgium, England and Austria, had been taken
http://www.phnompenhpost.com/2013030661780/National/foreign-activists-detained.html
Group Lease boosts Singapore unit to fund Cambodia operation
Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there.
Cambodia, which is managed by Group Lease’s
Rice trade zone to be set up in East
The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries.
Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo
http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east
Preah Vihear Authorities Destroy Airfield Homes
Authorities have demolished the homes of 25 families living on the site of an obsolete airfield in Preah Vihear province’s Choam Ksan district, a rights group and the families said Sunday.
The families were ordered to move off the land on Wednesday, with the district governor
http://www.cambodiadaily.com/news/preah-vihear-authorities-destroy-airfield-homes-20688/
British trade minister to visit Cambodia next week
British minister for trade and investment Lord Green would visit Cambodia next Monday in order to boost bilateral trade and investment ties, according to a media statement from the British Embassy to Cambodia on Wednesday.
Mark Gooding, British Ambassador to Cambodia, said trade between UK
http://news.xinhuanet.com/english/world/2013-06/05/c_132433361.htm
Cambodia marks Forest Day
Cambodia observed the Forest Day on Tuesday, urging people to plant trees in order to ensure the sustainability of forest and environment.
The celebration was presided over by King Norodom Sihamoni and attended by Prime Minister Hun Sen and senior officials of the government, the parliament,
http://www.asean-china-center.org/english/2013-07/09/c_132525872.htm
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday.
According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Deposits and loans increase
Deposit and loans at major commercial banks have continued to climb over the first half of this year, industry officials say.
Grant Knuckey, chief executive officer of ANZ Royal Bank, said yesterday that ANZ continues to see strong growth in trade finance led by the agricultural
http://www.phnompenhpost.com/business/deposits-and-loans-increase
Inspections over tainted milk start in markets
Government officials began inspecting markets across the country yesterday in search of baby formula containing an ingredient from New Zealand dairy giant Fonterra that could cause botulism, quality control representatives at the Ministry of Commerce said.
“We informed all our officials directly to collect nationwide some
http://www.phnompenhpost.com/business/inspections-over-tainted-milk-start-markets
Chevrolet autos aim to tap into demand for new cars in Cambodia
Chevrolet, one of America’s iconic brand autos, officially launched its first dealership here on Monday, aiming at tapping into the country’s growing market for new vehicles.
Martin Apfel, president of the US’ General Motors to Southeast Asia Operations, said at the launching ceremony at the cars’
Gold resource in northeastern Cambodia estimated at 1.2 mln ounces
Australia’s Renaissance Minerals (Cambodia) Ltd. unveiled Thursday that it estimated that gold resource[s] at O’kvau area in Cambodia’s Mondolkiri province could be as much as 1.2 million ounces, the firm’s Managing Director Justin Tremain said.
Speaking during a meeting with Cambodian Minister of Industry, Mines and
Protestors Block National Road Over Energy Prices
About 300 people on Saturday blocked off a stretch of National Road 5 in Banteay Meanchey province protesting what they call is an unfair increase in electricity prices.
Protesters believe that the private electricity supplier, Sok Vitith, altered the Commune’s electricity converter without telling the
Rubber firm has plans in Cambodia
Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia.
“We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,”
http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html
ADB lends 70 mln USD to Cambodia for rice commercialization, finance reforms
The Government of Cambodia and the Asian Development Bank (ADB) on Monday signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector, an ADB’s statement said.
Signed by Cambodian Deputy Prime Minister and Finance Minister Keat Chhon
Xinhua News Staff
http://www.globaltimes.cn/content/806367.shtml#.UhsAYtKBmN8
Opposition party wants equal committee posts in parliament: Sar Kheng
Acting Prime Minister Sar Kheng on Wednesday said that opposition leader Sam Rainsy, now doesn’t want the parliament chairmanship chair post, but equal committee posts within the parliament.
Speaking to reporters after delivering certificates to 3,000 police officers, he said Sam Rainsy phoned him and told
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NGUwNzE2ZmZkYjA#sthash.zE5aIsK1.dpuf
Cambodia new ministry on oil, gas
Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years.
The new Ministry of Mines and Energy will
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/386021/cambodia-sets-up-new-ministery-in-charge-of-oil-gas-production
Opposition preps plans for demos
The Cambodia National Rescue Party is not done marching.
Speaking at party headquarters yesterday afternoon, CNRP leaders said they plan to establish “democracy squares” in provincial towns and cities to regain momentum lost following last week’s deadly attack on striking workers and the violent destruction of
Daniel Pye and Meas Sokchea
http://www.phnompenhpost.com/national/opposition-preps-plans-demos
Luxury wood charge floated
About 300 cubic metres of luxury timber is being felled every day and transported on boats to Vietnam and Thailand from four districts in Koh Kong province, according to an investigation by a local rights group.
Chea Hean, director of the Natural Resource and Wildlife Preservation
Phak Seangly
http://www.phnompenhpost.com/national/luxury-wood-charge-floated
