Thousands block National Road Two
Thousands of workers from the Macau-owned M & V International Manufacturing Ltd on Wednesday blocked National Road Two to demand better working conditions. The protestors have 11 lists of demands including bonuses of 4,000 riel ($1) for food, $3 for holiday pay, and $12 for ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZDEzMTc5YjNiNTc
Rice exports already surpass last year’s total
Cambodia exported about 31,000 tonnes of rice in July, a 40 per cent seasonal increase from the average of 22,000 tonnes for first five months of this year. Official data show that Cambodia exported 207,000 tonnes from January through July, an amount surpassing the 205,000 tonnes ...
http://www.phnompenhpost.com/business/rice-exports-already-surpass-last-year%E2%80%99s-total
New car sales back on track
New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...
http://www.phnompenhpost.com/2013041265053/Business/new-car-sales-back-on-track.html
Firm to Develop Gold Mine in Ratanakkiri
A subsidiary of Indian firm Mesco Steel has arrived in Cambodia to begin developing a gold mine in Ratanakkiri province, according to an investor involved in the deal. Mesco Gold has paid a fee of $1.2 million to Canada-listed exploration firm Angkor Gold to develop a ...
http://www.cambodiadaily.com/business/firm-to-develop-gold-mine-in-ratanakkiri-19319/
Sihanoukville to be the site of first marina
Russian sailor Andrey Mantula plans to build what he is calling Cambodia’s first marina off the beaches of Preah Sihanouk province. Mantula, who has lived in Cambodia for one year, is heading up the project. He expects construction to start on October 1 of this year. ...
Naza bikes hopes to win over 10 pct market share in Cambodia
NAZA World, which is setting up its NAZA Bikes 3S showroom in Phnom Penh, Cambodia, hopes to win an over 10 per cent market share in the country or 30,000 units, within the next three years. NAZA Group of Companies joint group executive chairman Datuk Wira ...
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
New MFI To Launch Operations
A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...
http://www.phnompenhpost.com/2013050765436/Business/new-mfi-to-launch-operations.html
CPP, CNRP second meeting produces three point agreements
Monday morning’s meeting held at the National Assembly between the ruling Cambodian People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) leaders ended around 1:30 in the afternoon, producing a joint agreement by both parties. After the meeting the two opposing party senior officials announced ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2I5NDNkMTg5NWE
Taiwanese bank now owns 70 pct of UCB
Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...
Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb
Angkor Wat ticket sales revenue up
Revenue from ticket sales to foreign tourists visiting Angkor Wat reached $41.4 million in the first nine months of 2013, a 14 per cent year-on-year increase, according to data from the Apsara Authority, which manages the site. Official data show that almost 1.5 million foreign ...
May Kunmakara
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-revenue
Over 2,000 Cattle Infected With Foot-and-Mouth
More than 2,000 cattle in Svay Rieng province are infected with the potentially fatal foot-and-mouth disease, officials said yesterday. Pen Chhanthy, chief of the provincial animal health and production office, said that cattle in six districts of Svay Rieng had returned positive tests for the ...
Ben Sokhean, P.18
http://www.cambodiadaily.com/
CNRP, report authors ‘plotted’, Sok An says
Deputy Prime Minister Sok An yesterday accused the NGOs behind a report critical of the election process of plotting a revolution with the opposition party. Speaking to 1,500 high-ranking government officials and members of the military, An said those behind the Election Reform Alliance (ERA) report, ...
Vong Sokheng
http://www.phnompenhpost.com/national/cnrp-report-authors-%E2%80%98plotted%E2%80%99-sok-says
ADB provides Cambodia more than $80 mil. for flood relief
The Asian Development Bank announced Wednesday that it will provide $81.7 million, including a $6.7 million grant from Australia, in additional financing to help Cambodia recover from catastrophic floods in late 2013. The flooding affected 1.7 million people and caused an estimated $356 million in damage. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140423/adb-provides-cambodia-more-80-mil-flood-relief
Friends of Dave Walker concerned over lack of investigation
Friends of Canadian journalist Dave Walker, who went missing under mysterious circumstances in February and was found dead in Siem Reap province last week, expressed anger Wednesday at the Cambodian police’s apparent unwillingness to investigate the 58-year-old’s death. Two-and-a-half months after the journalist vanished after going ...
Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/friends-of-dave-walker-concerned-over-lack-of-investigation-58289/
Court rules in tycoon’s favour
Phnom Penh Municipal Court yesterday ruled in favour of a mining tycoon and convicted a Chinese-Cambodian widow of defaming the oknha during an embittered land dispute. Sok Neang Gek, 46, an interpreter at a garment factory in the capital, was fined $1,000 and ordered to compensate ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/court-rules-tycoon%E2%80%99s-favour
Britain eyes 5 bln USD trade volume with Cambodia by 2020: envoy
British Prime Minister’s Trade Envoy David Puttnam said Thursday that the country looked to boost bilateral trade volume with Cambodia to $5 billion by 2020. “The bilateral trade between the UK and Cambodia reached $1 billion last year and we expect the trade volume will hit ...
Global Times
http://www.globaltimes.cn/content/846621.shtml#.UxlBOD-Sylt
Study finds Cambodia most vulnerable to climate change
US credit ratings agency Standard & Poor’s has ranked Cambodia’s economy and creditworthiness as the most vulnerable to the effects of climate change. Of 116 nations measured by S&P as part of a vulnerability index published last month – with a number 1 ranking being the ...
Eddie Morton
http://www.phnompenhpost.com/business/study-finds-cambodia-most-vulnerable-climate-change
Chinese humanitarian aid reaches Cambodian people in E. province
Cambodia on Wednesday continued distributing China-donated relief items to some 3,088 families, who are victims of last year’s flood, HIV/ AIDS patients, disabled people and orphans. Cambodian Red Cross president Bun Rany, the wife of Prime Minister Hun Sen, and Chinese Ambassador to Cambodia Bu Jianguo ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-03/05/c_133162740.htm
Chamkar Mon Hospital land for sale online
The land on which the former Chamkar Mon Referral Hospital sits was put up for sale for $12.1 million on Friday, just days after a municipal health official denied that the property would be sold. According to an advertisement posted on the Khmer24 classified advertising website, ...
Khuon Narim
http://www.cambodiadaily.com/archives/chamkar-mon-hospital-land-for-sale-online-for-12-1m-59503/