Cambodia urges Singapore to invest Rice Mills and Agro-Industry
“Singapore will boost Singaporean companies to seek opportunities to invest in Cambodia, especially in the agro-industry,” H.E. Hor Namhong, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, announced on Wednesday morning after bilateral talks with his Singaporean counterpart Excellency Mr. K. Shanmugam, ...
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
Cambodia growth to continue, but development faces shortfalls
Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...
Lauren Crothers, P. 20
http://The Cambodia Daily
UN praises Cambodia 'success' in addressing child labor in fisheries
Two UN agencies praised Cambodia’s Fisheries Administration Thursday as an “example of success” for addressing child labour in fisheries. In a joint report, the Food and Agriculture Organization of the United Nations and the International Labour Organization recalled that the fisheries agency began raising awareness of ...
Rice Exports to China Rise
Following a meeting on Aug 9, between Chan Saron, from the Ministry of Agriculture, Forestry and Fisheries, and a delegate from China National Cereal, Oils and Foodstuff Cooperation (CNCOFC) that was led by Jiang Fan of the Chinese Commercial Department of Foreign Affairs, rice exports ...
Thais to set up maize plant
THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, ...
http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html
Deputy PM promises tighter fiscal controls
Cambodia’s Deputy Prime Minister yesterday reiterated his commitment to criminalising money laundering and terrorist financing in the Kingdom. Sok An reassured delegates at the Asia-Pacific Group (APG) on Money Laundering of Cambodia’s commitment to implementing comprehensive procedures to stop illegal monetary transactions. ...
http://www.phnompenhpost.com/2012122060381/Business/deputy-pm-promises-tighter-fiscal-controls.html
Tractor imports decrease, but experts not concerned
Tractor imports fell by 24 per cent last year, a significant decrease from 44,993 units in 2011 to 36,301 units, according to recent statistics from the Ministry of Economy and Finance. Although the cultivation of some crops in the Kingdom has increased, analysts said yesterday ...
NGOs query Lao’s telco promotion
Four NGOs asked the government yesterday to explain the decision to promote Lao Saroeun to an undersecretary of state position in the Ministry of Posts and Telecommunications, even though he has not been cleared of alleged corruption. “In proper practice, people under investigation for alleged corruption ...
http://www.phnompenhpost.com/2013032062034/Business/ngos-query-lao-s-telco-promotion.html
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Court Questions Cambodian, Chinese Businessmen Over Fraud
The Phnom Penh Municipal Court on Monday questioned two businessmen over allegations of fraud and using forged public documents, including claims they faked a signature from Prime Minister Hun Sen in a mining transaction, court and police officials said. Deputy prosecutor Var Sakada said Cambodian Al ...
http://www.cambodiadaily.com/news/court-questions-cambodian-chinese-businessmen-over-fraud-40923/
Putting parking reform in gear
With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...
Chhay Channyda
http://www.phnompenhpost.com/national/putting-parking-reform-gear
Yearender: Cambodia's economy remains strong in 2013 despite political row, flood havoc: officials
Cambodia’s economy is expected to maintain the robust growth of over 7 percent this year even though the country is still trapped in political dispute and recovering from the aftermath of recent floods, senior officials and bankers said. But some analysts predicted that political trouble, coupled ...
Nguon Sovan and Wang Qibing
http://news.xinhuanet.com/english/business/2013-12/19/c_132979125.htm
Cross-border insurance to be compulsory
Tourist buses and commercial vehicle operators crossing over the Cambodia-Vietnam border will soon be required by law to have insurance in both countries or risk being denied entry, a bilateral agreement signed on Tuesday states. In an effort to meet requirements stipulated in the ASEAN 2015 ...
Chan Muyhong
http://www.phnompenhpost.com/business/cross-border-insurance-be-compulsory
United Nations Envoy Visits After Protest Deaths
The U.N. special rapporteur on the freedom of peaceful assembly and association, Maina Kiai, began a three-day unofficial visit to Cambodia on Wednesday, just one month after military police shot dead five protesters in Phnom Penh and the government imposed a ban on public gatherings. Mr. ...
Lauren Crothers
http://www.cambodiadaily.com/news/united-nations-envoy-visits-after-protest-deaths-51551/
Government Hopes for Chevron Offshore Oil Deal This Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX +0.77% to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday. Cambodia has vast untapped oil and gas resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Brokers nabbed at airport
Four brokers accused of duping 19 victims out of thousands of dollars for non-existent jobs in South Korea were arrested at Phnom Penh International Airport on Saturday. Keo Thea, chief of Phnom Penh’s anti-human trafficking and juvenile protection department, said Por Sen Chey district police arrested ...
http://www.phnompenhpost.com/index.php/2012080657832/National-news/brokers-nabbed-at-airport.html
Are banteng making a comeback in Cambodia? Researchers find new population
Researchers have discovered a new population of banteng (Bos javanicus), a species of wild cattle, in northwestern Cambodia. The discovery was announced June 4, 2014 by Fauna and Flora International (FFI), and efforts are underway to implement conservation initiatives to protect the area and its newfound banteng, ...
Janaki Lenin
http://news.mongabay.com/2014/0623-gfrn-lenin-banteng.html
Chinese bank to enter country's banking fold
The Industrial and Commercial Bank of China (ICBC) will enter Cambodia’s banking sector in November to become the country’s 30th commercial bank to date, Xinhua news agency reported yesterday. The report said that ICBC president Yang Kaisheng had met with Prime Minister Hun Sen on Tuesday ...
Consolidation on Horizon as Mobile Operators Enter Talks
Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...