ABF Freight Adds Offices in Asia
ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...
http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526
11th World Huang clan convention held in Cambodia
About 3,000 Chinese in Huang clan from around the globe gathered here Wednesday to bridge closer ties among Huang families and to visit Cambodia’s attractive tourism destinations. Speaking at the opening of the 11th World Huang Clan Convention 2nd Session, Cambodian Minister of Commerce Cham Prasidh, ...
http://news.xinhuanet.com/english/culture/2012-12/05/c_132021075.htm
Textile Industry Gets Lessons From Korean Designers
Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...
http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
Cambodia’s tourism steady
Cambodia’s tourist arrivals registered a 4.7% growth in March according to the country’s statistics and tourist Information Department. The country attracted 400,076 visits compared to 382,206 during the same month last year. Released by the Ministry of Tourism, late last week, data showed Vietnam led the field ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-steady/
Yearender: Hosting ASEAN Summit tops major achievements of Cambodia in 2012
The successful hosting of the 21st Summit of the Association of Southeast Asian Nations (ASEAN) and its related summits here in November was definitely the biggest achievement of Cambodia in 2012 despite some sad events such as the death of the venerated former King Norodom ...
http://news.xinhuanet.com/english/indepth/2013-01/01/c_132075147.htm
‘Downgrade’ of railway homes
Compensation for Phnom Penh villagers set to be displaced by railway reconstruction may be insufficient due to a “systematic downgrade” of the value of their homes by the government, a report released yesterday said. The report, issued by the NGO Sahmakum Teang Tnaut, said the ...
http://www.phnompenhpost.com/index.php/2011070550186/National-news/downgrade-of-railway-homes.html
Ministry requests ADB aid for the most needy
Cambodia on Tuesday requested the Asian Development Bank (ADB) to consider providing aid – especially to the elderly, people with disabilities and orphaned children. In the meantime, the Bank is studying the country’s social welfare system before announcing a raft of technical assistance as part ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministry-requests-adb-aid-most-needy
$70 from India for power
India is financing the construction of a US$70 million transmission line to bring electricity from hydroelectric projects in Laos to Cambodia, according to Indian Chamber of Commerce President Debasish Pattnaik. Speaking yesterday after the official launch of the Indian Chamber of Commerce in Cambodia (ICC), Pattnaik ...
http://www.phnompenhpost.com/index.php/2012090358436/Business/70m-from-india-for-power.html
Alliance an advocate for industry
The executive committee of the Alliance of Rice Producers and Exporters of Cambodia, ARPEC, decided earlier this month to set up a commercial arm to help members get financing for a variety of rice-related activities. According to ARPEC secretary-general Hun Lak and deputy secretary-general David Van, ...
http://www.phnompenhpost.com/index.php/Special-Reports/alliance-an-advocate-for-industry.html
Investment needed to reach rice goal: experts
More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...
Insuring for higher education
Canada-based life insurance company Manulife has launched a product intended to provide parents with security for their children’s education, and officials at the firm say they are optimistic about its prospects. Manulife’s research found that even families who were financially struggling would take advantage of ...
http://www.phnompenhpost.com/2013042365160/Business/insuring-for-higher-education.html
Initiative Encourages Private Rural Investment
Representatives from more than 90 Cambodian businesses gathered yesterday at the Council of Ministers building in Phnom Penh to hear about a new initiative that aims to encourage private sector investment in agriculture. The $55.6 million project is an extension of the Asian Development Bank’s (ADB) ...
http://www.cambodiadaily.com/business/initiative-encourages-private-rural-investment-37899/
New MFI in town, ‘more still needed’
ORO Financecorp Plc held its official launch on Friday, joining the growing ranks of microfinance institutions in the Kingdom. ORO Financecorp started providing business, agricultural and tractor loans in January with a $4 million capital investment from Seng Enterprise Co Ltd of Cambodia and Creed Asia ...
Chan Muyhong
http://www.phnompenhpost.com/business/new-mfi-town-%E2%80%98more-still-needed%E2%80%99
Insurance industry revenue up 14 percent
Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance Association of Cambodia (IAC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-industry-revenue-up-14-percent-57786/
Minister: Half of villages lack clean water access
About 50 per cent of villages across Cambodia still lack access to clean water due to factors like climate change, population growth and urban development, which have led to a steady increase in water demands, according to Minister of Industry, Science, Technology and Innovation Cham ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/minister-half-villages-lack-clean-water-access
World Bank approves additional $35 mln credit to Cambodia for improving climate-resilient roads
The World Bank has approved an additional 35 million U.S. dollars credit to Cambodia for improving climate-resilient rural roads in three provinces, its press release said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501457100/world-bank-approves-additional-35-mln-credit-to-cambodia-for-improving-climate-resilient-roads/
High school diploma exams go ‘smoothly’
The Ministry of Education, Youth and Sport said the first day of the high school diploma exams, which kicked off on December 27, went smoothly although over 4,000 registered candidates were absent and automatically failed the test. ...
Voun Dara
https://www.phnompenhpost.com/national/high-school-diploma-exams-go-smoothly
Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM
Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...
New 10-storey office building on Norodom Boulevard
The owner of the under-construction 10-storey building located on the corner of Street 178 and Norodom Boulevard, who asked not to be identified, said the building will be used as office space and apartments. The three floors on the top of the building will be apartments ...