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 <a href='https://opendevelopmentcambodia.net/news/korea-trade-nears-1-billion/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/deposits-and-loans-increase/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/inspections-over-tainted-milk-start-in-markets/ ' class='cambodia-color'>...a>

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’ <A href='https://opendevelopmentcAmbodiA.net/news/chevrolet-Autos-Aim-to-tAp-into-demAnd-for-new-cArs-in-cAmbodiA/ ' clAss='cAmbodiA-color'>...A>

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 <A href='https://opendevelopmentcAmbodiA.net/news/gold-resource-in-northeAstern-cAmbodiA-estimAted-At-1-2-mln-ounces/ ' clAss='cAmbodiA-color'>...A>

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 <A href='https://opendevelopmentcAmbodiA.net/news/protestors-block-nAtionAl-roAd-over-energy-prices/ ' clAss='cAmbodiA-color'>...A>

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 &ndash; planting other crops such as rubber,” <a href='https://opendevelopmentcambodia.net/news/rubber-firm-has-plans-in-cambodia/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/adb-lends-70-mln-usd-to-cambodia-for-rice-commercialization-finance-reforms/ ' class='cambodia-color'>...a>

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 <A href='https://opendevelopmentcAmbodiA.net/news/opposition-pArty-wAnts-equAl-committee-posts-in-pArliAment-sAr-kheng/ ' clAss='cAmbodiA-color'>...A>

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 <a href='https://opendevelopmentcambodia.net/news/cambodia-new-ministry-on-oil-gas/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/opposition-preps-plans-for-demos/ ' class='cambodia-color'>...a>

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 <A href='https://opendevelopmentcAmbodiA.net/news/luxury-wood-chArge-floAted/ ' clAss='cAmbodiA-color'>...A>

The International Labour Organisation’s Better Factories Cambodia program (BFC) releases the first report from its mobile phone call-in project aimed at educating garment and footwear workers. The mobile phone project entitled Kamako Chhnoeum (‘Outstanding Worker’ in Khmer) received 3,245 valid phone calls in its first two <a href='https://opendevelopmentcambodia.net/news/ilo-bfc-unveils-worker-mobile-phone-call-in-project-report/ ' class='cambodia-color'>...a>

As the cost of imports rise, locAl producers could see An opportunity to increAse their mArket shAre, but for most A lAck of output And quAlity meAns potentiAl is limited, industry observers sAid yesterdAy. Customs officers who hAd often undercut the officiAl rAte Are now <A href='https://opendevelopmentcAmbodiA.net/news/locAl-production-still-lAgging/ ' clAss='cAmbodiA-color'>...A>

The European Commission’s proposed ban on fish imports from Cambodia would cause no harm to the country’s fish exports since it has never sold fish to European countries, a Cambodian fisheries chief said Wednesday. “The sanctions, announced by the European Commission on Tuesday, do not affect <a href='https://opendevelopmentcambodia.net/news/eus-fish-import-ban-not-harming-cambodias-export-official/ ' class='cambodia-color'>...a>

While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics. Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that <a href='https://opendevelopmentcambodia.net/news/japan-diversifies-cambodia-investments/ ' class='cambodia-color'>...a>

The Cambodian People’s Party is declaring victory in a round of sub-national elections that were held Sunday, but observers say the latest polls diminished some of the ruling party’s power at the grassroots. The CPP on Monday claimed 2,543 seats in leadership positions at the city, <a href='https://opendevelopmentcambodia.net/news/cpp-grassroots-diminished-in-election-observers-say/ ' class='cambodia-color'>...a>

With Thailand and Cambodia both feeling the pinch from the sudden exodus of more than 200,000 Cambodian workers out of Thailand, the two countries are now working together to try and get them back to their old jobs legally, as fast as possible. Some 225,000 Cambodians, <a href='https://opendevelopmentcambodia.net/news/govt-begins-effort-to-send-workers-back-to-thailand/ ' class='cambodia-color'>...a>

Y Chhien, who has served as the governor of Pailin province since former Khmer Rouge Foreign Minister Ieng Sary led his rebel forces in the area to defect to the government in 1996, will step down from his position on Saturday, his cabinet chief said <a href='https://opendevelopmentcambodia.net/news/y-chhien-to-be-replaced-as-pailin-governor/ ' class='cambodia-color'>...a>

The government must amend legislation to stamp out hate crimes and discrimination against Cambodia’s gay, lesbian, bisexual and transgender citizens, rights activists said during a forum in the capital yesterday. During the second day of the first community dialogue dedicated to the advancement and discussion <a href='https://opendevelopmentcambodia.net/news/lgbt-advocates-seek-equality/ ' class='cambodia-color'>...a>