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Japanese delegation seeks business options

Some 140 Japanese investors arrived in Cambodia yesterday to meet with local government leaders and other stakeholders in an effort to boost economic cooperation between the two countries. According to the Japanese Embassy in Cambodia, the delegation arrived in the country yesterday afternoon, following a visit ...

http://www.phnompenhpost.com/2013020861255/Business/japanese-delegation-seeks-business-options.html

Cambodia: Visits on the rise

Cambodia is rapidly attracting more and more visitors from tourists to businessmen. Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported. So far,the country has welcomed 404,106 visitors compared to 350,257 during the same ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MmQ1MmMyNTUzMjJ

Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

http://www.globaltimes.cn/content/776163.shtml#.UXSX56Kj2xA

Cambodia's rice export up 148 pct in Q1

Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...

http://www.asean-china-center.org/english/2013-04/07/c_132290214.htm

Cambodia's garment exports up 17 pct in Q1

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

http://news.xinhuanet.com/english/business/2013-04/26/c_132342123.htm

Impoverished Cambodians for sale

Many Cambodian women arrive in South Korea or China for marriage, only to find themselves being chosen as mistresses, say labour rights activists. While young Cambodian men, who travel to Thailand to work on fishing boats, often fall prey to drug abuse. Loss of land, debt, ...

Michelle Tolson
http://www.ipsnews.net/2014/01/impoverished-cambodians-sale/

Cambodia to establish int'l committee for safeguarding, developing world heritage Preah Vihear

ambodia is working with UNESCO to form an International Coordinating Committee for the Safeguarding and Development of the Historic Site of Preah Vihear (ICC-Preah Vihear), Deputy Prime Minister and Cabinet Minister Sok An said Tuesday. Speaking during a meeting with South Korean Ambassador to Cambodia Kim ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/culture/2014-08/19/c_133568463.htm

Gov’t fights back on ‘useless’ education claim

Education Minister Hang Chuon Naron yesterday slammed opposition leader Sam Rainsy for dismissing university degrees in the country as value-less and labeling the education system one of the poorest in the world. ...

Ven Rathavong
http://www.khmertimeskh.com/news/16635/gov---t-fights-back-on----useless----education-claim/

Financial Institute of Cambodia prepares people for a career in the stock exchange

The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...

http://www.phnompenhpost.com/index.php/Special-Reports/financial-institute-of-cambodia-prepares-people-for-a-career-in-the-stock-exchange.html

Government Defends Chinese Dams

Following a dam breach in Pursat province, ruling CPP lawmakers yesterday defended the government’s primary plan to tackle its energy crisis by contracting Chinese companies to build hydropower dams on the country’s rivers. A section of concrete tunnel at the Stung Atai dam in Pursat province ...

http://www.cambodiadaily.com

South coast holds development key

Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. ...

Chea Vannak
http://www.khmertimeskh.com/news/36111/south-coast-holds-development-key/

The New Asian Century

With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

http://www.etmcambodia.com/

Work on Canadia rice mills begins

Canadia Bank Plc has begun construction on a rice processing facility worth $8 million as Prime Minister Hun Sen aims to export 1 million tonnes of milled by rice a year by 2015. The new mill is being built in Takeo province and the rice ...

http://www.phnompenhpost.com/index.php/2011072650635/Business/work-on-canadia-rice-mills-begins.html

Financial literacy in schools

Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...

Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/

World Bank Tight-Lipped on Resumption of Financial Assistance

The World Bank has declined to say whether it will resume providing financial assistance to Cambodia, despite a Bank official allegedly telling anti-eviction protesters last week that the organization planned to do so next year. In August 2011, World Bank country director for Southeast Asia Annette ...

http://www.cambodiadaily.com

Hun Sen’s Cabinet Approves $3.5B Draft Budget

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sens-cabinet-approves-3-5b-draft-budget-45985/

ANZ Implicated in Sugar Plantation Evictions

Three NGOs on Wednesday called on ANZ Royal Bank to help the hundreds of families who have lost farmland to a sugar plantation that the Bank helped to finance in Kompong Speu province. The NGOs also made public a 2013 social and environmental impact assessment of ...

Zsombor Peter
http://www.cambodiadaily.com/business/anz-implicated-in-sugar-plantation-evictions-50980/

ADB report finds gov’t shirking duty

The government is refusing to compensate up to 1,000 families forced to wait for income restoration measures after being relocated from their homes for an Asian Development Bank-funded railway rehabilitation project, a previously unreleased action plan from the ADB reveals. The ADB Management Action Plan, released ...

Kevin Ponniah
http://www.phnompenhpost.com/national/adb-report-finds-gov%E2%80%99t-shirking-duty

Bank pays out after factory boss ‘flees’

Workers at a garment factory that closed without warning last week received payment yesterday for nearly a month and a half of work, but some are still waiting for bonuses owed to them. More than 400 workers lined up at the Canadia Industrial Park gates, behind ...

Mom Kunthear
http://www.phnompenhpost.com/national/bank-pays-out-after-factory-boss-%E2%80%98flees%E2%80%99

Benefits there for the taking

Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised ...

Daniel de Carteret
http://www.phnompenhpost.com/business/benefits-there-taking

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