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Solar power for communes

The offices of commune officials along the Tonle Sap basin will soon be solar-powered as part of a poverty-reduction project backed by the Asian Development Bank. Some 123 off-the-grid commune council offices in Banteay Meanchey, Siem Reap, Kampong Thom and Kampong Cham provinces will be fitted ...

Daniel de Carteret
http://www.phnompenhpost.com/business/solar-power-communes

Railway evictees seek ADB aid

Families forced to move by the rehabilitation of the Phnom Penh stretch of the national railway petitioned the Asian Development Bank yesterday for help with their livelihoods. About 50 people gathered outside the ADB’s office to submit a petition representing more than 160 families relocated to ...

http://www.phnompenhpost.com/index.php/2012040355398/National-news/railway-evictees-seek-adb-aid.html

ASEAN needs more funding

ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity ...

http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html

Over 2.5 million visitors to Cambodia in the first nine months of 2012

Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...

http://www.traveldailynews.com/news/article/51858/over-2-5-million-visitors-to

LED lights’ lure of lower electricity bills

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...

http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html

Cambodia begins to construct 3-storey stock market building in capital center

Cambodia’s Securities Exchange (CSX) on Monday broke ground for the construction of a 3-storey building in the heart of Phnom Penh, the country’s capital. “The construction of the building reflects the government’s firm stance in developing the stock market and the building will build ...

http://news.xinhuanet.com/english/world/2013-01/28/c_132133406.htm

At 10th Anniversary, Arbitration Council Faces Funding Shortage

The Arbitration Council, an independent body that resolves labor disputes in Cambodia’s garment sector, celebrated its 10th anniversary yesterday, though officials expressed concern that funding for the body was due to run out in March next year. Oum Mean, secretary of state at the Ministry of ...

http://www.cambodiadaily.com/news/at-10th-anniversary-arbitration-council-faces-funding-shortage-25887/

Cambodia Plantations Not IFC’s First Controversy

In the wake of a new report from environmental rights group Global Witness rebuking the World Bank’s International Finance Corporation (IFC) and Deutsche Bank for investing in rubber plantations accused of illegal logging and forced evictions, both institutions have denied responsibility and deflected the blame ...

http://www.cambodiadaily.com/news/cambodia-plantations-not-ifcs-first-controversy-23793/

Timing of stats questioned

For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...

http://www.phnompenhpost.com/business/timing-stats-questioned

Vietnam to invest in hotels in Cambodia

Vietnamese investors are planning to invest more in accommodation services and to build hotels in at least three provinces that Vietnamese visitors traveling to the world-knowned Angkor Wat will travel past. ...

http://www.phnompenhpost.com/2012122760497/Business/vietnam-to-invest-in-hotels-in-cambodia.html

Cambodian Parliament Rejects Opposition-Proposed Draft Law On Minimum Wages For Civil Servants, Garment Workers

The National Assembly’s Commission on Economy on Wednesday rejected the opposition- proposed draft law on minimum wages for garment and state workers. The opposition group proposed the National Assembly to make a law to limit a monthly minimum wage of 150 U.S. dollars for garment ...

http://news.xinhuanet.com/english/world/2013-04/03/c_132282889.htm

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

Fears over new bank note

The new 100,000 riel banknote depicting the late King Father Norodom Sihanouk is not just a pretty historical token. It will also help inject much needed cash into the economy, according to the National bank of Cambodia. Although take-up will occur as older banknotes of other ...

http://www.phnompenhpost.com/2013051465591/Business/fears-over-new-bank-note.html

Hun Sen’s Land Titles Receive Rare Praise From Germany

Since Prime Minister Hun Sen announced an ambitious new plan some 10 months ago to make nearly half a million families official land owners, hardly a week goes by that a rural community does not complain of local officials trying to scam the project. But when ...

http://www.cambodiadaily.com/news/hun-sens-land-titles-receive-rare-praise-from-germany-17312/

Angkor Wat Visits Up on Asia Tourist Arrivals

THE number of international tourists visiting Siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, South Korea, China and Japan. Some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up ...

http://www.phnompenhpost.com/index.php/2011082251171/Business/angkor-wat-visits-up-on-asia-tourist-arrivals.html

Ground broken on Koh Pich for Japan-Cambodia venture

Popular Japanese hotel chain Toyoko Inn has embarked on a joint-investment with Cambodian company OCIC to build a three-star hotel on Phnom Penh’s Koh Pich, to cater to the growth of foreign investors and visitors to Cambodia. The groundbreaking ceremony for the 22-storey, 304 unit Toyoko ...

http://www.phnompenhpost.com/Business/ground-broken-on-koh-pich-for-japan-cambodia-venture.html

Arrivals of tourists up 20 per cent

Arrivals at the Kingdom’s two main international airports rose more than 20 per cent year on year in the first quarter of 2013, according to data from Cambodia Airports. Officials said the rise reflects the normalisation of the world economy and the country’s political stability. According ...

http://www.phnompenhpost.com/2013042965288/Business/arrivals-of-tourists-up-20-per-cent.html

New research facility for infectious diseases in Asia unveiled in Cambodia

France’s Institut Pasteur du Cambodge on Tuesday inaugurated a new facility here for a regional research platform in Asia, focusing its research on infectious diseases in the region. Cambodian Health Minister Mam Bunheng, Vincent Deubel, director of the Institut Pasteur du Cambodge, and French Nobel Prize ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-03/11/c_133177317.htm

Scholarship opportunity in higher education

The Prayuters Library Program is delighted to announce a scholarship opportunity for Grade 12 students in Preah Vihear province. The application opens for students holding a high school diploma or an equivalent certificate for pursuing a bachelor’s degree. Additionally, students who did not pass the ...

Open Development Cambodia Organization

Download: pdf

Banks spared flooding woes

Cambodia’s banks should be largely spared the heavy damages already seen in many parts of the Kingdom’s economy, officials said yesterday, though microfinance lenders will feel some impact. Minister of Economy and Finance Keat Chhon last week revised downward the government’s gross domestic products for 2011 ...

http://www.phnompenhpost.com/index.php/2011101952199/Business/banks-spared-flooding-woes.html

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