US looks beyond garments to deepen Cambodia trade
The biggest US trade delegation to Cambodia in decades joined Secretary of State Hillary Clinton here as the two countries look to expand their economic relationship beyond exports of cheaply produced garments. “On the economic front, there is much more room for us to grow ...
http://www.bangkokpost.com/news/asia/303886/us-looks-beyond-garments-to-deepen-cambodia-trade
Complaint to Be Filed in US Over Koh Kong Sugar Plantations
Families in Koh Kong province will today file a complaint with the U.S. government against American Sugar Refining (ASR) over farmland they claim they were violently evicted from to make way for two sugar plantations that supply the New York-based company. The 207 Koh Kong ...
http://www.cambodiadaily.com/news/complaint-to-be-filed-in-us-over-koh-kong-sugar-plantations-4956/
Credit guarantee unit to serve Asean
The Credit Guarantee and Investment Facility (CGIF), an agency set up by Asean+3 and the Asian Development Bank to help develop local-currency bond and cross-border bond markets in the region, has started to operate, says chief executive Kiyoshi Nishimura. He said the CGIF will fill in ...
http://www.bangkokpost.com/business/economics/296033/credit-guarantee-unit-to-serve-asean
Cambodian Agricultural Research Center Honored
The Cambodian Center for Study and Development in Agriculture has been recognized for its contributions to Cambodians by the a group of experts at Food Tank. The US-based think tank said the center, known in Cambodia as Cedac, was responsible for higher yields in Cambodian agriculture ...
http://www.voacambodia.com/content/cambodian-agricultural-research-center-honored/1688200.html
ADB to muscle up its lending with pledge of $1B
Cambodia could receive over $1 billion in developmental aid and grant funding from the Asian Development Bank (ADB) in the coming four years as the multilateral financial institution consolidates its lending arms and scales up operations across the region – a move that some analysts ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-muscle-its-lending-pledge-1b
Cracking down 101
A deal to end the political deadlock may reduce demonstrations in the streets, but the authorities are leaving nothing to chance – Daun Penh’s notorious district security guards are finally receiving proper government training. City Hall spokesman Long Dimanche, who has previously said the baton-wielding district ...
Daniel Pye and Alice Cuddy
http://www.phnompenhpost.com/national/cracking-down-101
Holdouts reject new offer to leave dam site
More than 90 villagers in Stung Treng province on Tuesday rejected compensation packages for the land they will lose to the under-construction Lower Sesan 2 hydropower dam, a local official said. ...
Ben Sokhean
https://www.cambodiadaily.com/news/holdouts-reject-new-offer-to-leave-dam-site-110297/
As US Economy Slows, Investment in Asean Nations Necessary
Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...
Wage wait: Unionists not impressed with promise
Labor leaders sniffed at the government’s stated commitment yesterday to hike the wage in the garment industry to $160 – by 2018. ...
Mom Kunthear
http://www.phnompenhpost.com/national/wage-wait-unionists-not-impressed-promise
Cambodia Security Exchange to begin trading early next year
Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E Keat Chhon said Cambodia Security Exchange (CSX) will begin trading from January 2012. Inaugurated in July, the CSX would be put on hold until next year because some rules and regulations have been being discussed ...
Phnom Penh villas declining
For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...
http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html
Forest on the auction block
Almost 30,000 hectares of a wildlife sanctuary in Oddar Meanchey, Siem Reap and Preah Vihear provinces have been reclassified as state private land for agricultural development, drawing sharp criticism from rights groups. Four sub-decrees signed by Prime Minister Hun Sen on July 22 reclassify land ...
http://www.phnompenhpost.com/index.php/2011080950943/National-news/forest-on-the-auction-block.html
Endangered status mulled for Kesor Kol
The Ministry of Environment is planning to declare wild Kesor Kol plants – a type of orchid – an endangered species with increased protections, according to the ministry’s secretary of state Neth Pheaktra. Pheaktra also warned of legal action against those who collect or sell wild Kesor ...
Long Kimmarita
https://www.phnompenhpost.com/national/endangered-status-mulled-kesor-kol
Policy to expand sector
The government plans to implement an industrial policy designed to promote development of the manufacturing sector. Speaking at a business networking dinner prepared by the Cambodian Federation of Employers and Business Associations on Wednesday, Sok Chenda Sophea, secretary general of the Council for the Development of ...
http://www.phnompenhpost.com/2013031161862/Business/policy-to-expand-sector.html
Cambodian ruling party faces test over next 5 years
Cambodian political analysts said Prime Minister Hun Sen needs to make “serious and deep reforms” over the next five years to restore his popularity after his party survived with a slim majority in July’s disputed general election. Sok Touch, deputy director of the Royal Academy ...
Global Times
http://www.globaltimes.cn/content/829846.shtml#.Up_bWNIW2ls
Cambodian, Chinese top diplomats pledge to advance ties
Cambodian and Chinese top diplomats on Wednesday pledged to maintain and further heighten bilateral ties and cooperation for the mutual benefits of the two countries and peoples. The pledge came after a bilateral talk between Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong and visiting ...
http://news.xinhuanet.com/english/china/2013-08/21/c_132650650.htm
Protesters not happy with ministry’s offer
Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...
Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer
Families split on offer from Vietnamese firm
Seventy families in Ratanakkiri province have agreed to accept a 100-hectare plot of land, bringing an end to their four-year dispute with a Vietnamese rubber company, but 156 other families refused to settle, officials said Thursday. ...
Aun Pheap
https://www.cambodiadaily.com/news/families-split-on-offer-from-vietnamese-firm-88709/
Ownership of protected state land disputed
Local authorities in Kampong Speu province’s Oral district stand accused of selling off 370 hectares of protected land to different private buyers who have erupted into a dispute over who rightfully owns the area. ...
Phak Seangly
http://www.phnompenhpost.com/national/ownership-protected-state-land-disputed
IFC offers Acleda Bank $50M for SME lending
The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending