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World Bank revises 2013 growth figures

The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...

http://www.phnompenhpost.com/2013042965287/Business/world-bank-revises-2013-growth-figures.html

Start-ups rely too much on self-funding

Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. in a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...

http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html

Rice exports to Thailand rise

Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said. Government figures show that in the first four months of this ...

http://www.phnompenhpost.com/2013053165969/Business/rice-exports-to-thailand-rise.html

Family evicted after ‘Death threats’

An ethnic Jarai family has been evicted from their Ratanakirri province village where they say they received death threats over a land dispute. This is the third time the family has abandoned their home after they field a lawsuit against three commune authorities in 2011, alleging ...

Phak Seangly, P.6
http://www.phnompenhpost.com

More Oudong questioning

Kandal provincial court will this week summons five suspects held in detention since December 10 last year for a fresh round of questioning over relics stolen from Oudong Mountain last month, even as police said the investigation is now “quiet”. Judge Lim Sokuntha said yesterday that ...

Chhay Channyda
http://www.phnompenhpost.com/national/more-oudong-questioning

Fish exports up 10 per cent from 2012

Cambodia’s fish output rose 10 per cent in 2013 from a year earlier, according to figures from the Ministry of Agriculture, Forestry and Fisheries. Production reached 730,000 tonnes last year, Nao Thouk, director of the ministry’s fishery department, said yesterday. There were 550,000 tonnes of fresh ...

Hor Kimsay
http://www.phnompenhpost.com/business/fish-exports-10-cent-2012

Garment manufacturers planning to sue unions

The Garment Manufacturers Association in Cambodia is helping its members sue several unions for damages after a walkout over demands to raise the minimum wage to $160. Ken Loo, GMAC’s secretary general, said that more than 150 members are jumping on board to sue: “And the ...

Daniel de Carteret
http://www.phnompenhpost.com/business/garment-manufacturers-planning-sue-unions

Land Rover, Jaguar enter Cambodia

Following the recent wave of luxury car brands entering the Cambodian market, RMA Cambodia’s CEO said yesterday that the firm will bring in UK brands Land Rover and Jaguar by opening a showroom before the end of the year. The newly appointed official authorised dealer will ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/land-rover-jaguar-enter-cambodia

Families of Killed and Missing Protesters Compile Complaints

Family members of striking garment factory workers killed, wounded and missing after military police violently suppressed last Friday’s Veng Sreng Street protests have begun preparing complaints to file with authorities and rights NGOs. At least five people were shot dead, and more than 40 were in­jured, ...

Mech Dara
http://www.cambodiadaily.com/news/families-of-killed-and-missing-protesters-compile-complaints-50397/

Cambodia on track to attract 8 mln foreign tourists by 2020: PM

Cambodian Prime Minister Hun Sen said Tuesday that the country is likely to receive up to 8 million foreign visitors by 2020. The premier’s optimistic forecast came after the country greeted some 4.2 million inbound tourists last year, an increase of 17 percent compared to ...

Joseph A. Cambra
http://www.nzweek.com/world/cambodia-on-track-to-attract-8-mln-foreign-tourists-by-2020-pm-112209/

Cambodian, Thai stock market regulators ink cooperation deal

Cambodian and Thai securities market regulatory authorities on Wednesday signed a Memorandum of Understanding (MoU) on consultative cooperation and information exchange in stock markets. The deal was inked between Ming Bankosal, director general of the Securities and Exchange Commission of Cambodia (SECC), and Vorapol Socatiyanurak, secretary ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-04/02/c_133233007.htm

Cambodian reporter receives ‘Information Hero’ award

Cambodian reporter for the Voice of Democracy Radio has been awarded by Reporters Without Borders as an “Information Hero.” Oudam Tat was awarded along with 100 other journalists from around the world, as part of celebrations for World Press Freedom Day. Voice of Democracy, origInally founded ...

Sok Khemara
http://www.voacambodia.com/content/cambodian-reporter-receives-information-hero-award/1904472.html

Ministry plans to drag schools into digital era

The Ministry of Education, Youth and Sport is plunging public schools into the digital age with a new interactive technology plan fit with bells, whistles and 3G applications, light-years ahead of its mostly dirt-floor school houses. The five-year, $1.3 million project, developed and funded by Cellcard, ...

Laignee Barron
http://www.phnompenhpost.com/national/ministry-plans-drag-schools-digital-era

AAA takes flight from Japan to Siem Reap

Asia Atlantic Airlines (AAA) made its first flight from Japan’s Narita international Airport to Siem Reap on May 3 with more than 260 tourists on board – and there are more to come. AAA ran the test flight last week before committing to two flights per ...

Hor Kimsay
http://www.phnompenhpost.com/business/aaa-takes-flight-japan-siem-reap

Cambodian King returns from visit to France

Cambodian King Norodom Sihamoni arrived in Phnom Penh, capital city of Cambodia, on Monday morning after the tour to France for two weeks to strengthen and expand bilateral ties and cooperation. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/12/c_133327201.htm

Cambodia exports to US rise by over 10 pct

Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia-exports-us-rise-over-10-pct

Progress, but no ‘final decision’ on Australian immigration deal

Cambodian officials say they have not yet confirmed whether they will accept a request from Australia to receive rejected immigrants. But they do say the request is moving forward. The two sides signed a memorandum of understanding over the transfer of immigrants in April, but a ...

Khoun Theara
http://www.voacambodia.com/content/progress-but-no-final-decision-on-australian-immigration-deal/1924328.html

Tax revenue rises but at slower pace

The government’s tax revenue increased for the first five months of the year, but despite recent reforms, the growth rate is at a slower pace than for the corresponding period last year. According to data from General Department of Taxation (GDT) released on Wednesday, the state ...

May Kunmakara
http://www.phnompenhpost.com/business/tax-revenue-rises-slower-pace

Bilateral trade with Malaysia up 17.6 percent

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/

Displaced communities ask EU to monitor funds

Residents of three displaced communities in Phnom Penh on Friday submitted a petition to the office of the European Union delegation, urging it to monitor funds it gives to the government. More than 50 protesters from the Boeng Kak, Borei Keila and Thmor Kol neighborhoods were met ...

Sek Odom
http://www.cambodiadaily.com/news/displaced-communities-ask-eu-to-monitor-funds-62707/

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