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Cambodian PM urges Chinese to invest in agricultural processing plants

Cambodian Prime Minister Hun Sen on Monday urged Chinese companies to focus their investments in processing plants for agricultural products in order to help increase the country’s productivity for exports. The premier made the suggestion during a meeting with a visiting Chinese delegation led by Wang ...

Xinhuanet News
http://news.xinhuanet.com/english/china/2013-10/28/c_132836976.htm

Cambodia predicts 7.6 percent GDP growth in 2013

Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...

http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm

Fears over new bank note

The new 100,000 riel banknote depicting the late King Father Norodom Sihanouk is not just a pretty historical token. It will also help inject much needed cash into the economy, according to the National Bank of Cambodia. Although take-up will occur as older banknotes of other ...

http://www.phnompenhpost.com/2013051465591/Business/fears-over-new-bank-note.html

Motorcycles, Money Offered to SEZ Victims

Bavet city officials ordered a deputy village chief to offer two victims of the Feb. 20 shooting in Svay Rieng province cash or a motorcycle in return for them not filing a court complaint against the man who shot them inside a special economic zone. ...

Sides dig in over minimum wage

Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...

http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html

Maid Company Offers Alternative to Migration

A new made-service company that claims to be the only one of its kind in Cambodia is offering an alternative employment option for the country’s many domestic workers who face insecure, and often abusive, workplace conditions overseas. Ming Hour Home Service, which opened in July, employs ...

S'ville Port Likely to Miss Bourse Registration Date

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

Marchers to flout ban on protests

Hundreds of civil society representatives, garment workers and community groups are expected to take to the streets this morning to deliver petitions to foreign embassies calling on the government to release the 23 people arrested during garment worker strikes earlier this month and find justice ...

Kevin Ponniah and Cheang Sokha
http://www.phnompenhpost.com/national/marchers-flout-ban-protests

RI offers weaponry, uniforms to Cambodia

President Joko “Jokowi” Widodo suggested on Tuesday that Cambodia procure weaponry and uniforms from Indonesia as part of cooperation between the two countries. ...

Jakarta Post News Staff
http://bit.ly/1OEG3Fk

French give $26 million for irrigation

The French Agency for Development will provide $26 million in loans to the Cambodian government to rehabilitate irrigation systems across three provinces in the northwest. Speaking at the signing ceremony for the deal yesterday, Aun Pornmoniroth, the Minister of Economy and Finance, said the new systems ...

Chan Muy Hong
http://www.phnompenhpost.com/business/french-give-26-million-irrigation

Worming a Way Into the Agriculture Sector

For 53-year-old farmer Ros Mao, it’s not just the early bird that catches the worm. The Takeo province farmer has raised millions of earthworms for eight years in Tram Trak district, selling the slimy red creatures and using the manure they create to grow his ...

http://www.camnet.com.kh/cambodia.daily/

Two power plants get ministers council OK

The Cambodian government on Friday approved two power plant projects worth more than $1.3 billion in total in what authorities said was an effort to reduce the Kingdom’s dependence on imports. ...

Sorn Sarath
https://www.phnompenhpost.com/business/two-power-plants-get-ministers-council-ok

Parliament issues code of ethics

The National Assembly has produced its first code of ethics to ensure that all lawmakers work independently and humbly and uphold the country’s interest. Leng Peng Long, spokesman for the National Assembly, said yesterday said that the code of ethics approved earlier this month requires ...

Khy Sovuthy
https://www.khmertimeskh.com/50495412/parliament-issues-code-of-ethics/

Tax collection rises 66% in H1

The General Department of Taxation (GDT) collected more than $1.5 billion in tax revenue in the first six months of this year, up 66 per cent from the same period last year, according to a report released by the department on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/tax-collection-rises-66-h1

Tougher action needed against criminal foreigners, official says

A senior Interior Ministry official has urged police to take tough action against Chinese nationals committing crimes in the Kingdom. Speaking during a meeting with police officials yesterday, General Sok Phal, a secretary of state at the Ministry of Interior, said that immigration police had ...

Khuon Narim
https://www.khmertimeskh.com/50533289/tougher-action-needed-against-criminal-foreigners-official-says/

Cambodia telecom companies urged to pay overdue regulatory fees

The government has issued a new warning to telecommunications companies that have yet to deliver outstanding payments to the Kingdom’s ministries, giving regulators until the end of the month to settle their debts. ...

Hor Kimsay and Robin Spiess
https://www.phnompenhpost.com/business/cambodia-telecom-companies-urged-pay-overdue-regulatory-fees

Tourism industry unruffled by election – experts

Tourism officials and industry insiders say the upcoming election is not affecting the flow on tourists into the Kingdom. Kong Sophearak, director of the Statistics Department of the Ministry of Tourism, told Khmer Times that despite this month’s election and the ongoing political rallies throughout ...

May Kunmakara
https://www.khmertimeskh.com/50510282/tourism-industry-unruffled-by-election-experts/

China tips the scales away from the US in push for Cambodian influence

During what is the 60th year of bilateral ties between the two countries, China has ramped-up aid to Cambodia, pledging millions in military funding, infrastructure projects and election support. ...

Edouard Morton and Kinling Lo
https://www.scmp.com/news/asia/southeast-asia/article/2154701/china-tips-scales-away-us-push-cambodian-influence

Hun Sen: Kingdom always stays strong when aid cut

Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk Theatre Hall in Phnom Penh to commemorate ...

Niem Chheng
https://www.phnompenhpost.com/national/hun-sen-kingdom-always-stays-strong-when-aid-cut

Kampot ferry construction delayed

Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kampot-ferry-construction-delayed

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