Report: Kingdom’s total exports increase to $10 billion this year
The Kingdom’s total exports for this year increased more than 23 per cent from last year to $10.36 billion, led by garments and agro-products, according to the Ministry of Commerce’s annual report. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/report-kingdoms-total-exports-increase-10-billion-year
Mondulkiri committee finds more than 10ha of protected forest cleared
A Mondulkiri provincial committee has discovered six forest locations totalling more than 10ha in a protected area of Pech Chreada district’s Bou Sra commune that has been cleared for farming. Several people have been detained but authorities are looking to find land for them in ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/mondulkiri-committee-finds-more-10ha-protected-forest-cleared
Singapore’s HLH Group plans $10 million farm food processing park
Singapore-listed HLH Group Ltd will invest $10 million in an agricultural food processing park, which is due to be fully operational next year, the Singapore Business Review reported yesterday. The 400-hectare park will be in Kampong Speu province’s Oral district, said Kim Koung, an official of ...
Cambodia could tap up to 10,000 MW from hydroelectric dams
Cambodia has great potential in hydropower development and the country could build and tap up to 10,000 megawatts from hydropower dams, said an energy official on Thursday. “At the present, about 10 percent of the hydropower potential is under construction,” Heng Kunleang, chief of the energy ...
Germany's finance firm lends 10 mln USD to Cambodian microfinance institution
German Investment and Development Corporation (DEG) on Thursday signed to lend 10 million U.S. dollars to a leading Cambodian microfinance institution Hattha Kaksekar. The loan deal was inked here between Herbert Jaeger, Vice President of DEG Representative Office in Bangkok, and Hout Ieng Tong, President and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/09/c_133032485.htm
About 871,000 Cambodians travel abroad in 2013, up 10 pct
The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm
Hun Sen to leave for 10th Asia-Europe summit Wednesday
Prime Minister Hun Sen will leave Cambodia Wednesday afternoon to attend the 10th Asia-Europe Meeting Summit (ASEM) in Italy. The ASEM will be held from 16-17 October in Milan. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/hun-sen-to-leave-for-10th-asia-europe-summit-wednesday-7489
Cambodian opposition's 55 lawmakers swear into parliament after 10-month boycott
All fifty-five politicians from the opposition Cambodia National Rescue Party (CNRP) took their oaths as parliamentarians on Tuesday afternoon after boycotting the parliament for ten months against disputed election results in July last year. CNRP president Sam Rainsy led the group to a swearing-in ceremony, which ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=233629
APSARA to build a $10 million hospitality center in Siem Reap
The Authority for Protection and Management of Angkor and the Region of Siem Reap (APSARA) will build a $10 million hospitality center in Siem Reap, home of Angkor Wat temple. ...
The Cambodia Herald News Staff
http://bit.ly/1FE5raa
CNRP Proposes Minimum Wage Law for Garment, State Workers
The Cambodian National Rescue Party (CNRP) has submitted a new law to the National Assembly for consideration that would institute a minimum monthly wage of $150 for garment workers and $250 for civil servants, the newly formed opposition party announced at a press conference yesterday. The ...
Letting it ride: NagaCorp lifts lid on large-scale expansion
NagaCorp recently announced it would invest $369 million in its latest project opposite the Buddhist Institute. The Hong Kong-listed casino operator’s latest Phnom Penh venture, Naga2,will include a casino, a hotel and a conference hall. The announcement of the investment by NagaCorp, Cambodia’s biggest casino operator, was ...
Siv Meng
http://www.phnompenhpost.com/real-estate/letting-it-ride-nagacorp-lifts-lid-large-scale-expansion
Bank loan portfolios set to be at least 10% in local currency
Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. ...
Hor Kimsay
https://www.phnompenhpost.com/business/bank-loan-portfolios-set-be-least-10-local-currency
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 Sees 33,770 Malaria Cases In 10 Months, Eight People Dead
Cambodia reported 33,770 malaria cases in the first ten months of the year, a drop of 43 percent from 59,670 cases a year earlier, Xinhua news agency reported a health official as saying Saturday. A total of eight patients died during the ten-month period, down 78 ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=995487
With Only 10 Units, National Blood Bank Hits Year’s Lowest Level
Phnom Penh’s National Blood Transfusion Center (NBTC) has dropped to its lowest level of the year, with only 10 units in stock and doctors relying heavily on patients’ family members and friends to donate in emergency situations, health officials said Thursday. NBTC Director Dr. Hok Kim ...
Lauren Crothers
http://www.cambodiadaily.com/news/with-only-10-units-national-blood-bank-hits-years-lowest-level-44405/
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...
Finnish fund invests $10M into Sathapana
The local Sathapana Bank Plc has received $10 million from OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, allowing the bank to expand its loan portfolio to small- and medium-sized enterprises (SME), and especially female entrepreneurs. ...
May Kunmakara
https://www.phnompenhpost.com/business/finnish-fund-invests-10m-sathapana
Hotels, Casinos That Detain, Traffic, Exploit Workers Will Be Prosecuted: Preah Sihanouk
Preah Sihanouk authorities have issued a statement that hotels and casinos that detain, traffic or sexually exploit workers can have their business licenses revoked and cases sent to court. ...
90% of foreign workers in Bavet casinos illegal
Minister of Interior Sar Kheng confirmed on his Facebook page on Friday evening that several licenced casinos in Bavet city, Svay Rieng province, are employing many workers illegally. Of over 3,800 foreign workers, only 470 are working legally, while over 3,000 others are working illegally ...
Tith Kognov
https://www.khmertimeskh.com/501224586/90-of-foreign-workers-in-bavet-casinos-illegal/
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/