Recent Development and Economic Outlook
The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...
Hana plugs into Cambodian market
Hana Microelectronics Plc is investing 1.5 billion baht to build a new factory in Lamphun and another in Koh Kong, the latter marking a plunge into the Cambodian market. Chief executive Richard Han also hinted yesterday that the SET-listed electronic-parts maker could relocate some production from ...
http://www.bangkokpost.com/business/economics/339371/hana-plugs-into-cambodian-market
Indirect trade with India unhealthy
CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...
http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html
Climate change to affect Mekong production
Climate change will have a significant effect on major industrial and food crops in the Lower Mekong basin countries of Cambodia, Laos, Thailand and Vietnam, says a new study. The study, conducted by the Mekong Adaptation and Resilience to Climate Change Project for the U.S. Agency ...
Bids called on Cambodia rail link
The State Railway of Thailand (SRT) will call an e-auction on April 10 on work to renovate damaged tracks connecting Thailand with Cambodia at the Aranyaprathet-Poipet crossing, Transport Minister Chadchat Suttipan said on Tuesday. The railway agency estimated the project will cost 2.8 billion baht. ...
http://www.bangkokpost.com/breakingnews/343563/thailand-to-open-bid-to-rebuild-tracks-with-cambodia
Mobile Firms Agree to Stop Price Dumping
Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...
http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/
The price of land development in Cambodia
Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...
FAO Raises Paddy Production Outlook
The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...
Investments in Cambodia Up
Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd
Skyscraper’s woes continue
The saga of the stalled $240 million Gold Tower 42 was revived last week when it emerged that a supplier for the project had accused the owner and builder of failing to pay out nearly $500,000 in fees, according to an injunction request obtained by ...
http://www.phnompenhpost.com/2013061866319/Business/skyscraper-s-woes-continue.html
Election officers defend training
When ballot boxes from Battambang are opened today as part of an ongoing Constitutional Council investigation, any unsealed documents will likely be attributed to insufficient training. That is the excuse National Election Committee secretary-general, Tep Nytha, gave on Sunday amid concerns over the documents’ integrity. But ...
http://www.phnompenhpost.com/national/election-officers-defend-training
CNRP Sets Date for Mass Protests Against Election Results
The opposition CNRP announced Wednesday that it will hold a mass demonstration on September 7 against the preliminary results of what it claims was a rigged national election, one day before final results are expected to be released by the Constitutional Council of Cambodia. Unless the ...
Khy Sovuthy and Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-sets-date-for-mass-protests-against-election-results-41253/
Singapore PM hopeful for Asean
Singapore’s Prime Minister Lee Hsien Loong says much work is still needed to establish the ASEAN Economic Community (AEC), a single market for trade and development in 2015. Lee, head of the most advanced economy in the 10-member Association of Southeast Asian Nations, or ASEAN, ...
Kay Kimsong
http://www.phnompenhpost.com/business/singapore-pm-hopeful-asean
Official DisputesWhen Dam Clearing Ceased
A Stung Treng province district official on Sunday contradicted claims that logging in the area designated for the Sesan 2 dam had ceased a month ago, saying that it had only stopped last week after direct orders from the government to do so. On Thursday, Ministry ...
Chhorn Chansy
http://www.cambodiadaily.com/news/official-disputeswhen-dam-clearing-ceased-46002/
Land Dispute Families Submit Complaint Over Snake Attack
Three families involved in a land dispute with a private company filed a complaint Monday at the Phnom Penh Municipal Court accusing the company’s owner, businessman Khun Sear, of waging an ongoing campaign of intimidation as he tries to force the families from their homes ...
Mech Dara
http://www.cambodiadaily.com/news/land-dispute-families-submit-complaint-over-snake-attack-46605/
Rainsy Takes to Tuk-Tuk for Latest Opposition Protest Rally
CNRP President Sam Rainsy nearly exhausted all manner of wheeled, motorized transport during his opposition party’s latest protest procession through Phnom Penh on Wednesday, at one point even getting behind the handlebars of a tuk-tuk. It was the fourth straight day of what the CNRP says ...
Khuon Narim and Zsombor Peter
http://www.cambodiadaily.com/news/rainsy-takes-to-tuk-tuk-for-latest-opposition-protest-rally-49474/
Relatives Call On Government To Release 23 Detainees
Relatives and human rights activists on Sunday called on the government to release 23 men beaten and arrested during clashes between police and garment workers just more than a week ago, and said they would defy a ban on public gatherings if they were not. The ...
Mech Dara
http://www.cambodiadaily.com/news/relatives-call-on-government-to-release-23-detainees-50449/
China provides 4 container scanners to Cambodia
The government of China on Monday delivered four units of container scanning machines to Cambodia for using at international border checkpoints. Speaking after the signing ceremony, Keat Chhon said the four container scanning machines, totally costing 13.8 million U.S. dollars, are China’s grant aid to ...
http://news.xinhuanet.com/english/china/2013-08/19/c_132643940.htm
‘SolarTuk’ coming in March
Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/%E2%80%98solartuk%E2%80%99-coming-march
After Violent Demonstrations, Hun Sen Encourages Peace
In the wake of last week’s mass demonstrations and heavy-handed police response, Prime Minister Hun Sen has called on Cambodians to promote a state of peace for the sake of the country’s social and economic development. In a letter written to mark the U.N.’s International Day ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/after-violent-demonstrations-hun-sen-encourages-peace-42913/