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Chinese firms set to invest in car assembly, fertiliser plants

Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...

Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants

Amendments to Law on Trade Unions passes NA unchanged

The National Assembly on Tuesday unanimously approved the draft law on amendments to 10 articles of the Law on Trade Unions without making any changes – a move that some unions said failed to address workers’ concerns. Reading a prepared statement during the plenary session ...

Mech Dara
https://www.phnompenhpost.com/national/amendments-law-trade-unions-passes-na-unchanged

Government to ramp up provincial budgets by $276 million next year

The government will ramp up the budget for provinces by more than $276 million next year to provide high quality and efficient services to the public, an increase of 32.28 percent from this year’s budget.​ Public Functions Minister Pich Bunthin yesterday said at a workshop ...

Sun Mesa
https://www.khmertimeskh.com/50667589/government-to-ramp-up-provincial-budgets-by-276-million-next-year/

Revenue, visitors at Angkor temples down again

Visitors to the world-famous Angkor Archaeological Park, Cambodia’s most important tourist draw, were down significantly during the first eleven months of the year.​ According to the latest report from Angkor Enterprise, who manages ticket sales at the temple complex, from January to November, revenue from ...

Chea Vannak
https://www.khmertimeskh.com/50666505/revenue-visitors-at-angkor-temples-down-again/

Cambodian rice set for export to South Africa

Milled rice exporter Mekong Oryza Trading Co Ltd signed an export memorandum of understanding (MoU) with companies from Hong Kong and South Africa in Phnom Penh on Tuesday. The agreement was inked between Mekong Oryza Trading, Hong Kong-based Zhonghui Taifu International Co Ltd and South African-based ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodian-rice-set-export-south-africa

Telecom Firms Say Mobitel Owes $1.5M in Connection Fees

Cambodia’s largest mobile phone company CamGSM Co. Ltd., which operates under the MobiTel brand name, has been accused by three other firms in the market of refusing to pay more than $1.5 million owed to them in interconnection fees. In a letter to Telecommunications Minister So Khun dated ...

Bourse May Have 7 Trading Sessions Daily

Officials at the Cambodian Securities Exchange (CSX) may increase the number Of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an Official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

The Week at the CSX - Sept 6-12, 2012

The price of Phnom Penh Water Supply Authority stock over the Sept 6-12 period fluctuated between KHR 6,350 (US $1.57 and KHR 6,300 (US $1.55). The price on Sept. 6, KHR 6,350 fell to KHR 6,300 (US $1.58) on Sept 7 and remained there ...

http://etmcambodia.com

Bank Collapse Sees Property Up for Grabs

A prime piece of Phnom Penh real estate was put up for auction last week by a South Koran government agency attempting to recoup taxpayers’ money lost during a bank collapse last year. Bids have been made that could see a new development on the site, ...

Monitors Question Casino Building New Election Body Office

Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...

Garment Workers Rally for Third Day to Sack Factory Manager

More than 2,00 female workers from a factory in Phnom Penh that makes clothes for the U.S. brand Gap protested yesterday for a third straight day demanding that the firm sack a manager at the factory for allegedly abusing workers. Lining Russian Boulevard near the Ocean ...

Cambodian forest campaigners fight rampant logging

KOH KONG, Cambodia – Frustrated by government inaction, Cambodian citizen patrollers are risking their lives to take on the country’s illegal loggers in a bid to save their shrinking forests. The shooting of a prominent environmentalist by a military policeman last month after he refused to ...

http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120527-348666.html

$20 million rice mill for Oddong

When London-based real estate investor Sanjay Dhir heard about Cambodia from his Indian partner Manoj Varma, he took a trip here in October 2010 and stopped by the roadside to meet the operators of a portable rice mill. He knew then that Cambodia was ready for ...

http://www.phnompenhpost.com/index.php/2012071757449/Business/20-million-rice-mill-for-oddong.html

Hun Sen Adds Voice to Reactions Against UN Envoy's Report

Prime Minister Hun Sen yesterday appeared to add his voice to the strong government reaction against criticism from U.N. human rights envoy Surya Subedi. Mr. Subedi last month delivered reports on human rights and economic land concessions in Cambodia to the U.N. Human Rights Council in Geneva. His ...

Laos taps on single visa door

Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ...

http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/

Livelihoods felled by logging

The road to Srekor I village in Stung Treng province’s Sesan district is a bumpy one. The small discomfort caused by being jolted about on a motorcycle or being thrown around in a car, however, is offset by the striking scenery that surrounds a traveller ...

http://www.phnompenhpost.com/2013040964967/National/livelihoods-felled-by-logging.html

Thailand and Cambodia to forge closer trade talks

After the fourth Joint Trade Commission (JTC) recently, Commerce Minister Boonsong Teriyapirom said that Thailand and Cambodia had the potential to drive two-way trade up by 30 per cent, due to strong growth in 2012. Last year, bilateral trade grew by 40.5 per cent year on ...

http://www.nationmultimedia.com/business/Thailand-and-Cambodia-to-forge-closer-trade-talks-30204979.html

Thai AirAsia on Siem Reap price war

Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...

http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route

Cambodia's trade with its neighbors slows in Q1

Cambodia saw a slow rise in trade volume with Vietnam and a slight decrease with Thailand in the first quarter of this year, according to the figures provided on Wednesday. The figures said Cambodia’s total exports to Vietnam was worth 221 million U.S. dollars during ...

http://www.asean-china-center.org/english/2013-05/09/c_132370565.htm

An unsettling prospect

Resettlement studies are being carried out at the site of the proposed Stung Cheay Areng hydropower dam in Koh Kong province, officials said yesterday, amid suggestions that yet another Chinese company is now involved in the controversial project.Tou Savuth, Thma Bang district governor, said staff ...

Shane Worrell and Phak Seangly
http://www.phnompenhpost.com/national/unsettling-prospect

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