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No great hopes for China's Mekong release

Though praised by the Ministry of Foreign Affairs, China’s release of Mekong River water from the Jinghong dam on March 15 is unlikely to bring much relief to downstream countries like Cambodia, water experts said yesterday.   ...

Igor Kossov
http://www.phnompenhpost.com/national/no-great-hopes-chinas-mekong-release

Travel goods exports could soar as US drops tariffs

New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/travel-goods-exports-could-soar-us-drops-tariffs

With AIIB, nation diversifies funding options

Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank (AIIB), saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs. ...

Tej Parikh
https://www.cambodiadaily.com/news/with-aiib-nation-diversifies-funding-options-105893/

National bank ups cash reserve requirements

The National Bank of Cambodia (NBC) has doubled the minimum capital requirements for commercial banks and significantly raised the requirements for microfinance institutions in a move experts say will protect and consolidate the country’s banking sector.   ...

Kang Sothear and Tej Parikh
https://www.cambodiadaily.com/news/national-bank-ups-cash-reserve-requirements-110398/

Article 2 will stand: Hun Sen

Prime Minister Hun Sen yesterday hit back at opposition critics of his efforts to seek French expert help in modernising old colonial maps of Cambodia’s border with Vietnam, rejecting their claims that such an effort would require a constitutional amendment. ...

Vong Sokheng
http://www.phnompenhpost.com/national/article-2-will-stand-hun-sen

Grow Asia to focus on value chain projects

Cambodia’s agricultural sector must improve post-harvest processing to increase the value of its products, while increased knowledge sharing could help farmers better understand the different value chains and identify opportunities, agricultural experts participating in the Grow Asia Forum said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/grow-asia-focus-value-chain-projects

Health Ministry admits shortcomings in report

The Ministry of Health acknowledged yesterday in its annual report that the quality of health care services in the Kingdom remains poor, with experts concluding that the slow improvement is due to a lack of government commitment.   ...

Kong Meta and Yesenia Amaro
http://www.phnompenhpost.com/national/health-ministry-admits-shortcomings-report

Quality infrastructure needed to support economic growth

Cambodia sits at a crossroads in the Asean region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said yesterday. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/quality-infrastructure-needed-support-economic-growth

Viet Nam shares budget problems with Laos, Cambodia, Myanmar

Budget decisions and oversight were among the subjects discussed by representatives from Viet Nam, Laos, Cambodia and Myanmar together with foreign experts at a joint workshop that opened in the central coastal city of Da Nang yesterday. ...

Viet Nam News Staff
http://vietnamnews.vn/society/274625/viet-nam-shares-budget-problems-with-laos-cambodia-myanmar.html

A threat to Kingdom’s FDI

Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...

http://www.phnompenhpost.com/index.php/2011101452126/Business/a-threat-to-kingdoms-fdi.html

Financing Cambodia's Muslims

Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...

http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html

New chapter in search for black gold

As Chevron hands over its controlling stake in the Kingdom’s most developed oil field to a new player, industry experts say extraction may still take time Industry insiders urged patience this week after news broke that energy giant Chevron had sold its controlling stake in the ...

Daniel de Carteret
http://www.phnompenhpost.com/post-weekend/new-chapter-search-black-gold

Government leads forum on tourism investment

The Ministry of Tourism led a forum on investment in the Kingdom’s tourism sector for the first time on Monday in Siem Reap. A panel of national and international experts from 11 countries led discussions about the development of the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-leads-forum-tourism-investment

Government hits back at UN human rights officials

Cambodian officials have accused two United Nations (UN) human rights experts of interfering in its internal affairs when they commented on the freedom of opinion and expression in the Kingdom and the media code of conduct for the July 29 national elections. ...

Ben Sokhean
https://www.phnompenhpost.com/national/government-hits-back-un-human-rights-officials

Local logistics sector is well despite ranking slip: Official

Cambodia’s global logistics performance ranking dropped 25 spots to 98th this year after achieving a commendable 73rd in 2016, the World Bank’s Logistics Performance Index (LPI) said, but local experts questioned the lack of clarity on the ranking slip. ...

Sok Chan
https://www.khmertimeskh.com/50519679/local-logistics-sector-is-well-despite-ranking-slip-official/

Safety standards for high buildings questioned

While skyscrapers are ceaselessly filling up Phnom Penh’s skyline, many construction and property experts, as well as ordinary citizens, are questioning whether the government’s measures to ensure safety in high buildings within the capital go far enough.   ...

Zsombor Peter
https://www.cambodiadaily.com/news/amid-turmoil-eu-calls-for-review-of-aid-to-cambodia-113900/

Approved foreign investment drops 43%

The value of foreign investments approved by the government in the first half of this year has dropped more than 43 percent, according to the Council for the Development of Cambodia (CDC), with experts laying the blame on global and regional economic slowdowns. ...

May Kunmakara
http://www.khmertimeskh.com/news/30443/approved-foreign-investment-drops-43-/

Push to stop farmers using chemicals in rice

Experts in the rice sector have expressed their fears over the ban in exporting milled rice containing the chemical Tricyclazole to the European Union (EU), while the government is trying to educate and spread word of the ban to farmers.   ...

Chea Vannak
http://www.khmertimeskh.com/news/37271/push-to-stop-farmers-using-chemicals-in-rice/

Private sector worried over universal wage law

The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...

Robin Spiess
http://www.phnompenhpost.com/business/private-sector-worried-over-universal-wage-law

Government fails to recoup on rubber expenses

Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup on expenses it has spent sending expert technicians into the field in order to help boost production. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/government-fails-recoup-rubber-expenses

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