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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

China increases rice import quota

Four days after the EU imposed tariffs on rice imported from Cambodia, China agreed on Monday to increase its import quota for Cambodian rice to 400,000 tonnes this year from the previous 300,000 tonnes. If Cambodia can supply the quantity under the new Chinese quota, ...

Hor Kimsay
https://www.phnompenhpost.com/business/china-increases-rice-import-quota

Authorities to compensate families over airport expansion

The State Secretariat of Civil Aviation yesterday said it will continue to address the issue of compensation for the remaining seven families whose land is impacted by the expansion of Preah Sihanouk International Airport. It has already resolved the issue with 250 other affected families. The ...

Pech Sotheary
https://www.khmertimeskh.com/50655171/authorities-to-compensate-families-over-airport-expansion/

Obama unveils maritime plan for Southeast Asian nations

President Barack Obama pledged Tuesday to help Asia-Pacific allies boost their maritime security as part of talks with leaders in the Philippine capital, Manila. The White House announced a package of up to $259 million in new aid over the course of two years, including ...

Mary Alice Salinas
http://www.voacambodia.com/content/obama-in-philippines-for-apec-summit/3061433.html

Draft Law on Unions ready for debate at National Assembly

A controversial draft law to regulate unions is set for debate at the National Assembly, despite protests by union leaders, who say the new law will make it even harder for workers to bargain for rights, fair wages and proper working conditions. More than 3,000 ...

Hul Reaksmey
http://www.voacambodia.com/content/draft-law-on-unions-ready-for-debate-at-national-assembly/3084425.html

Zaha hadid’s little known plan to redesign Phnom Penh

Prior to her death on Thursday of last week, British architect Zaha Hadid was working to help Cambodia rebuild after the tragedies of its history. As was well-known, she was designing a new institute in Phnom Penh to foster research and remembrance of the country’s darkest ...

Hul Reaksmey
http://www.voanews.com/content/zaha-hadid-little-known-plan-to-redesign-phnom-penh/3271325.html

PPSEZ’s rethink after sharp profit fall

Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...

Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/

Borey developers adjust strategies as sales decline

Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers. Nget Piseth, director assistant of Borey Piphup Thmey, said recently that residential sales in his ...

Siv Meng
http://www.phnompenhpost.com/post-property/borey-developers-adjust-strategies-sales-decline

Now add Cambodia to the list of Singapore developer targets

A few weeks ago, OPP.Today explored the issue of why Singapore developers want to strengthen overseas sales, after repeated government market cooling measures have hit both foreign and domestic demand for Singapore property. What is clear is that Singapore developers are looking for new sources ...

Adrian Bishop
http://www.opp.today/now-add-cambodia-to-the-list-of-singapore-developer-targets/#tb3iyiRRrbD1IUFb.97

Special Economic Zones ‘key to future’

Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...

Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/

Cause of Salmonella infection spikes still a mystery

In the summer of 2013, the French government sent out an alert to health agencies throughout Europe of a spike in travelers recently returned from Cambodia needing treatment in hospitals after exposure to a rare strain of salmonella. By the fall, 34 patients in France, ...

James Reddick
http://www.khmertimeskh.com/news/18249/cause-of-salmonella-infection-spikes-still-a-mystery/

Will Cambodia’s repressed opposition rise up?

Last week, Prime Minister Hun Sen raised the prospect of delaying or even cancelling Cambodia’s upcoming general election due to possible chaos caused by anti-government protests. The premier’s warning came after a new movement of exiled opposition politicians said it might call on supporters to organize ...

David Hutt
http://www.atimes.com/article/will-cambodias-repressed-opposition-rise/

Commune vote pits CPP roots against CNRP momentum

As the country enters its first campaign period since the CNRP nearly upset the ruling party in 2013, the opposition party believes momentum is on its side. The researchers found that in the three communes they visited, the ruling party was deeply intertwined with the ...

Ben Paviour
https://www.cambodiadaily.com/news/commune-vote-pits-cpp-roots-against-cnrp-momentum-129968/

Sokha wants migrant vote deal

Acting opposition leader Kem Sokha has promised to use his new dialogue with Prime Minister Hun Sen to push for migrant workers to get a vote in the 2018 national elections. Celebrating Human Rights Day on Saturday at the CNRP headquarters, Mr. Sokha spoke to supporters ...

Taing Vida
http://www.khmertimeskh.com/news/33011/sokha-wants-migrant-vote-deal/

Thousands of election body workers missing weeks of wages

Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...

Phan Soumy
https://www.cambodiadaily.com/news/thousands-of-election-body-workers-missing-weeks-of-wages-127966/

National Assembly Lawmakers Reject SRP Budget Suggestions

Lawmakers at the National Assembly yesterday debated the government’s plan for public spending next year, with the opposition challenging the government’s plans to rack up more foreign debt. Since the draft of the 2013 budget was released last month, the opposition has come forward with detailed ...

http://www.cambodiadaily.com

Cambodian migrant workers send US$360 million home a year

Cambodian migrant workers in Thailand, Japan, Malaysia and Korea have sent home an average of US$360 million a year in remittances, according to Seng Sakada, general director of Ministry of Labor and Vocational Training. Overseas Cambodian migrants mainly work in the fields of housework, construction, factories ...

http://www.etmcambodia.com/viewlatestnews.php?newsid=97

Property prices jump in the first half of the year

Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...

http://www.etmcambodia.com/blog.php?article=492

Demand for satellite cities low: report

Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...

http://www.phnompenhpost.com/index.php/Real-Estate/demand-for-satellite-cities-low-report.html

Rail Operator Still Awaiting Approval for Cargo

Despite the inaugural train traveling between Phnom Penh and Sihanoukville by a new rail link a month ago, no goods have yet been transported between the capital and the country’s largest port. Toll Royal Railways, a joint venture between Australia’s Toll Group and local conglomerate Royal ...

http://www.cambodiadaily.com

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