Knock-offs find a new home
The province of Banteay Meanchey will build a new market for vendors displaced from the Long Keur market on the Thai side of the Poipet border, a provincial official said yesterday, adding that vendors will be allowed to continue selling their counterfeit goods at the <a href='https://opendevelopmentcambodia.net/news/knock-offs-find-a-new-home/ ' class='cambodia-color'>...a>
Cheng Sokhorng
http://www.phnompenhpost.com/business/knock-offs-find-new-home
Sathapana to become a commercial bank
Sathapana Microfinance Plc, one of the largest in Cambodia, will officially transform itself into a commercial bank late next month, a move in line with Japanese-owned Maruhan Bank acquiring a 95.1 percent stake in 2012. <a href='https://opendevelopmentcambodia.net/news/sathapana-to-become-a-commercial-bank/ ' class='cambodia-color'>...a>
May Kunmakara
http://www.khmertimeskh.com/news/23125/sathapana-to-become-a-commercial-bank/
Kingdom a warm respite for Russia
Increasingly hurt by sanctions and frozen out by the West over its meddling in Ukraine, Syria and the recent US presidential election, Russia is seeking to pivot to asia and establishing a beachhead in a decidedly warmer locale – Cambodia. <a href='https://opendevelopmentcambodia.net/news/kingdom-a-warm-respite-for-russia/ ' class='cambodia-color'>...a>
Cristina Maza
http://www.phnompenhpost.com/national/kingdom-warm-respite-russia
IMF: Make youth a demographic dividend
The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech. <a href='https://opendevelopmentcambodia.net/news/imf-make-youth-a-demographic-dividend/ ' class='cambodia-color'>...a>
May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/
A fray in US economic ties?
The deteriorating political climate in Cambodia and ramped up government rhetoric against the United States could end up jeopardising the Kingdom’s economic relations with the US, its largest single trading partner, analysts have warned. <a href='https://opendevelopmentcambodia.net/news/a-fray-in-us-economic-ties/ ' class='cambodia-color'>...a>
Kali Kotoski
http://www.phnompenhpost.com/business/fray-us-economic-ties
PM calls CNRP a ‘terrorist network’
Prime Minister Hun Sen branded the opposition party a “terrorist network” yesterday, while vowing to “cut the arms and legs” of the alleged operation and its purported attempt at “colour revolution” after the disputed 2013 national election. <a href='https://opendevelopmentcambodia.net/news/pm-calls-cnrp-a-terrorist-network/ ' class='cambodia-color'>...a>
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national/pm-calls-cnrp-terrorist-network
Tobacco turns over a new leaf
Agriculture officiAls And struggling smAllholder tobAcco fArmers Are cAutiously hopeful thAt tAriff exemptions grAnted under A new trAde Agreement with VietnAm will lift sAgging demAnd for their crops. <A href='https://opendevelopmentcAmbodiA.net/news/tobAcco-turns-over-A-new-leAf/ ' clAss='cAmbodiA-color'>...A>
Cheng Sokhorng
http://www.phnompenhpost.com/business/tobacco-turns-over-new-leaf
UXO uncovered in a Kandal pond
A 227-kilogrAm US-mAde Mk 82 bomb wAs uneArthed on WednesdAy As Authorities were digging A pond in KAndAl’s Kien SvAy district. <A href='https://opendevelopmentcAmbodiA.net/news/uxo-uncovered-in-A-kAndAl-pond/ ' clAss='cAmbodiA-color'>...A>
Khout Sophak Chakrya
http://www.phnompenhpost.com/national/uxo-uncovered-kandal-pond
2017: A good year for fish
Cambodians can expect up to 14,000 tons of fish caught from the Tonle Sap, Mekong and Bassac rivers this year, a 5,000 ton increase compared with last year, which will be sufficient to meet all local demand, said the Ministry of agriculture, Forestry and Fisheries <a href='https://opendevelopmentcambodia.net/news/2017-a-good-year-for-fish/ ' class='cambodia-color'>...a>
Sok Chan
http://www.khmertimeskh.com/news/34057/2017--a-good-year-for-fish/
Hun Sen issues a clarion call
As CAmbodiA prepAres to host the World Economic Forum on AseAn in MAy, Prime Minister Hun Sen yesterdAy mAde A globAl cAll for more investment flows into the region thAt he sAid wAs sAfe And secure for investors, And fAst becoming A mAnufActuring powerhouse in <A href='https://opendevelopmentcAmbodiA.net/news/hun-sen-issues-A-clArion-cAll/ ' clAss='cAmbodiA-color'>...A>
May Kunmakara
http://www.khmertimeskh.com/news/35505/hun-sen-issues-a-clarion-call/
PM offers Myanmar a ‘win-win’
During the inauguration of a pagoda in Prey Veng on Friday, Prime Minister Hun Sen announced he will send several advisers to Myanmar to share lessons from his “Win-Win” policy, which he credits with ending Cambodia’s civil war. <a href='https://opendevelopmentcambodia.net/news/pm-offers-myanmar-a-win-win/ ' class='cambodia-color'>...a>
Touch Sokha and Cristina Maza
http://www.phnompenhpost.com/national/pm-offers-myanmar-win-win
Local coffee sector gets a jolt
Several international and local coffee industry representatives gathered yesterday for the start of a three-day event promoting partnerships and franchising opportunities to satisfy Cambodia’s growing coffee cravings. <a href='https://opendevelopmentcambodia.net/news/local-coffee-sector-gets-a-jolt/ ' class='cambodia-color'>...a>
Cheng Sokhorng
http://www.phnompenhpost.com/business/local-coffee-sector-gets-jolt
Cassava prices hit a new low
Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday. <a href='https://opendevelopmentcambodia.net/news/cassava-prices-hit-a-new-low/ ' class='cambodia-color'>...a>
Cheng Sokhorng
http://www.phnompenhpost.com/business/cassava-prices-hit-new-low
A new push for tourism cooperation
With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday, according to the Vietnamese Communist Party official news <a href='https://opendevelopmentcambodia.net/news/a-new-push-for-tourism-cooperation/ ' class='cambodia-color'>...a>
http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html
Looking for a flood of investment
Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each <a href='https://opendevelopmentcambodia.net/news/looking-for-a-flood-of-investment/ ' class='cambodia-color'>...a>
Fracking a problem for SE Asia
Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The <a href='https://opendevelopmentcambodia.net/news/fracking-a-problem-for-se-asia/ ' class='cambodia-color'>...a>
http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html
Commodities Prices a Risk, Bank Says
Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East asia and Pacific Economic Update for 2012, <a href='https://opendevelopmentcambodia.net/news/commodities-prices-a-risk-bank-says/ ' class='cambodia-color'>...a>
Prasac moves towards becoming a bank
Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to <a href='https://opendevelopmentcambodia.net/news/prasac-moves-towards-becoming-a-bank/ ' class='cambodia-color'>...a>
Job fair attracts a big crowd
Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information <a href='https://opendevelopmentcambodia.net/news/job-fair-attracts-a-big-crowd/ ' class='cambodia-color'>...a>
http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html
Lifting maid ban proving a challenge
A lAck of legAl protections, insufficient commitment from the MAlAysiAn government And An overworked, understAffed embAssy Are Among the mAjor obstAcles to lifting the mAid bAn, According to An internAl government report obtAined yesterdAy. Penned by the Ministry of Interior, the 12-pAge brief detAils A <A href='https://opendevelopmentcAmbodiA.net/news/lifting-mAid-bAn-proving-A-chAllenge/ ' clAss='cAmbodiA-color'>...A>
http://www.phnompenhpost.com/2013010960701/National/lifting-maid-ban-proving-a-challenge.html