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Cambodian oil imports decrease by 2.2 per cent

Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...

Chan Muy Hong
http://www.phnompenhpost.com/business/cambodian-oil-imports-decrease-22-cent

Kingdom is bolstering its logistics in anticipation of string of FTAs

With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the Stung Bot, Bavet and Poipet  checkpoints. ...

Husain Haider
https://www.khmertimeskh.com/50811861/kingdom-is-bolstering-its-logistics-in-anticipation-of-string-of-ftas/

ADB lowers Cambodia’s economic growth to 6.4% in 2012 due to weak global demand

The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...

http://www.tourismcambodia.com/news/localnews/7027/adb-lowers-cambodia%E2%80%99s-economic-growth-to-6.4-percent-in-2012-due-to-weak-global-demand.htm

P Vihear Concessions Raise Fears of Disputes

Earlier this month Prime Minister Hun Sen approved five more economic land concessions totally 44,780 hectares in the Preah Vihear province. Largely distributed to agri-business companies there is fear that the concessions will lead to deforestation. Heng Roy International, Heng You International, Lan Feng International, ...

Royalties concern forest activists

The Ministry of Agriculture, Forestry and Fisheries said in the first three quarters of this year, Cambodia earned $5.7 million in royalties from forest produce – an increase of nearly $2 million compared to the same period last year when it earned $4 million. The ...

Long Kimmarita
https://www.phnompenhpost.com/national/royalties-concern-forest-activists

Gov’t: Being competitive key to growth

Minister of Commerce Pan Sorasak on Wednesday said the Cambodian government has focused on its competitiveness strategies and the growth of Industry 4.0 in the Kingdom to withstand the trends of global protectionism and geopolitical polarisation. Speaking at a workshop on “Cambodian Trade Integration Strategy ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-being-competitive-key-growth

Community reps claim ministry rejected sugar ELC petition

Representatives from communities in four provinces evicted to make way for sugar plantations alleged during a press conference yesterday they were barred from delivering petitions to the Ministry of Land Management. ...

Bun Sengkong and Jack Davies
http://www.phnompenhpost.com/national/community-reps-claim-ministry-rejected-sugar-elc-petition

Solution in sight for land disputes

The Ministry of Land Management has set up three working groups to allocate land plots to families in disputes with sugar companies in Kampong Speu, Koh Kong and Preah Vihear provinces. ...

Pech Sotheary
http://www.khmertimeskh.com/5081204/solution-sight-land-disputes/

Firms lose land rights

The government had reclassified four economic land concessions as state property, reclaiming almost 20,000 hectares earlier handed to private firms to use for rubber plantations. ...

May Titthara
http://www.khmertimeskh.com/5087586/firms-lose-land-rights/

For 2013, trade value to reach $16 billion

The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion

Koh Kong police break up protest, arrest four

Koh Kong police dispersed a protest in front of the provincial hall around 2am on Tuesday, removing tents and arresting four protestors. The protesters set up tents in front of the provincial hall on Monday in an effort to accelerate a solution. ...

Khorn Savi
https://www.phnompenhpost.com/national/koh-kong-police-break-protest-arrest-four

Labour rights groups start campaign over seniority pay

Representatives of unions, federations, associations and civil society organisations working on the promotion of labour rights in Cambodia have joined together in a campaign to demand seniority pay. ...

Va Sonyka
https://www.khmertimeskh.com/50755304/labour-rights-groups-start-campaign-over-seniority-pay/

NBC, IFC to boost SME financial access

The National Bank of Cambodia (NBC) and the International Finance Corporation (IFC) will join forces on the “Cambodia Supply Chain Finance Market Development” project and expand financial access for the Kingdom’s small and medium-sized enterprises (SME). ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-ifc-boost-sme-financial-access

Cambodian rice exports fall in Q1

As Thailand sells its rice reserves and reforms in Myanmar are rewarded with more access to markets abroad, Cambodia’s total exports of milled rice are on the decline, falling more than 10 per cent in the first quarter of this year compared with the same ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodian-rice-exports-fall-q1

Growth spurt of exports to Japan weakens in H1

Growth of exports to Japan slowed during the first half of 2017, marking the lowest half-year growth rate in nearly a decade, newly released data from Japan’s development agency show. ...

Hor Kimsay
http://www.phnompenhpost.com/business/growth-spurt-exports-japan-weakens-h1

Port in Kampot to turn province into regional trade hub

Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...

http://www.phnompenhpost.com/index.php/2012050255906/Business/port-in-kampot-to-turn-province-into-regional-trade-hub.html

South Korea pledges to support Kingdom’s ongoing development

The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...

Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/

Indonesia needs cheaper rice

Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...

Sok Chan
http://www.khmertimeskh.com/news/30146/indonesia-needs-cheaper-rice/

Cambodian Confucius Institute organizes Chinese proficiency contest for secondary students

The Confucius Institute of the Royal Academy of Cambodia on Wednesday hosted the 7th Chinese Bridge Chinese proficiency competition for Cambodian secondary students. Fourteen Cambodian candidates, who had been shortlisted from dozens of students, were contested in the final stage on Wednesday. Each contestant was given three ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-06/11/c_133400309.htm

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