Local markets still favorite
Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use. The shopping behavior data, provided by ...
http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html
Four People Injured After Two Buses Collide
Three Vietnamese nationals and one Cambodian were hospitalized Saturday after two commercial buses driving between Phnom Penh and Ho Chi Minh City collided in Svay Rieng province, police said yesterday. Ouch Sarun, provincial traffic police chief, said that the two buses [belonging to Van Rec. Co. Ltd., and ...
Cambodia's Trade Deficit Grows to Almost $2 Billion
Cambodia’s trade deficit reached $1.99 billion through the first nine months of the year, an increase of 33 percent compared to the same period in 2011, according to data released by the Ministry of Commerce on Saturday. Chinese state news agency Xinhua reported that the total value ...
Xayaboury dam simulation model unveiled
Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...
AEC pushed back 12 months
Asean leaders have decided to delay the launch of the Asean Economic Community (AEC) for 12 months from Jan 1 to Dec 31, 2015 to prepare the necessary regulations. Lao deputy Prime Minister and Minister for Foreign Affairs Thongloun Sisoulith told the Bangkok Post that Asean ...
http://www.bangkokpost.com/news/local/321914/aec-pushed-back-12-months
Cambodia's unions cry foul on fainting figures
Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...
Million-dollar machine sweetens outlook
Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...
http://www.phnompenhpost.com/2013032164553/Business/million-dollar-machine-sweetens-outlook.html
Labor committee announces minimum wage
The Labor Advisory Committee issued a joint statement on the decision to raise wages from $61 to $80 per month for garment and footwear workers. The statement was announced Friday, after a meeting between factory employers, union leaders and Labor Minister, Vong Soth. The wage provision ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MjI0Y2JlMjV
Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB
Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...
http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm
Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...
Huge Increase in MFI Loans, Deposits
More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...
http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html
Sri Lankan company to plant 20,000 hectares of rubber in Cambodia
Sri Lankan agricultural group Lankem Ceylon PLC says it plans to plant 20,000 hectares of rubber in Cambodia as part of a diversification strategy. Lankem chairman A Rajaratnam disclosed the strategy in the company’s annual report for the year to March, 2012, released by the company ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OGEzOGYyMjJhYTI
Buffalo holders seek owner’s restitution
Jarai ethnic minority villagers in Ratanakkiri’s O’Yadav district are demanding compensation from a villager they claim illegally cleared a sizeable portion of their community forest this year. The villagers seized two carts transporting rosewood – and the four buffaloes pulling them – out of the forest ...
Phak Seangly
http://www.phnompenhpost.com/national/buffalo-holders-seek-owner%E2%80%99s-restitution
NGO alleges bribery over titles
An environmental protection NGO is preparing to file a lawsuit with the Kampong Speu provincial court and a complaint with the Anti-Corruption Unit against an Agriculture Department official who was allegedly paid by a development firm to issue land titles to villagers squatting on state ...
Phak Seangly
http://www.phnompenhpost.com/national/ngo-alleges-bribery-over-titles
Parliament issues list of components in fifth legislature
The National Assembly on Tuesday has issued the list names of chairman, vice-chairman and commission chairman in the National Assembly. Here are the list of the National Assembly’s components in fifth mandate: — Heng Samrin, National Assembly chairman. — Nguon Nhil, National Assembly’s first vice-chairman. — Khuon Sodary, National ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MjlhMWIxNTk0ZDd#sthash.xWPF3ywi.dpuf
Long march to capital begins
The long journey on foot from the provinces to Phnom Penh began yesterday for hundreds of villagers and monks who intend to mark December 10’s International Human Rights Day by protesting outside the National Assembly. Parades of people, expected to grow in size the closer they ...
Meas Sokchea
http://www.phnompenhpost.com/national/long-march-capital-begins
Poll Shows Cambodia Ranks High in ‘Global Suffering’
Cambodia ranked third worst in “global suffering” last year—behind Bulgaria and Armenia—a significant increase from 2011, when it ranked 14th worst, ac-cording to the worldwide polling group Gallup. A poll released last week on Gallup’s website says 34 percent of Cambodian respondents rated their lives as ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/poll-shows-cambodia-ranks-high-in-global-suffering-49070/
Grand Twins may price Cambodia IPO below mid-point of indicative range
Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...
CNRP holds a citywide rolling rally
Days after authorities repeatedly cracked down on demonstrations, opposition party supporters staged a rolling rally across Phnom Penh yesterday, filling up roads for hours and blocking major intersections. About 500 people with tuk-tuks and motorbikes gathered at the Cambodia National Rescue Party headquarters in the ...
Meas Sokchea and Sean Teehan
http://www.phnompenhpost.com/national/cnrp-holds-citywide-rolling-rally
Cambodia’s top court denies bail to 21 jailed protesters
Cambodia’s Supreme Court on Friday upheld a decision refusing bail to 21 people arrested during a deadly worker strike crackdown, a defense lawyer said, as dozens of supporters protested outside, calling the charges against them politically motivated and demanding their release. The top court upheld the ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/bail-05092014170039.html