AMRO maintains 6.2 percent GDP growth for Cambodia
The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/
EU parliament urges end to political persecution, calls for free and fair elections
The European Parliament called on Cambodian authorities to release former opposition leader Kem Sokha and reinstate the court-dissolved CNRP for participation in the 2023 elections in a resolution on Thursday. ...
Sorn Sarath and Phon Sotthyroth
https://cambojanews.com/eu-parliament-urges-end-to-political-persecution-calls-for-free-and-fair-elections/
Cambodia raises garment wage, but unions say not enough
Cambodia on Wednesday raised the controversial monthly minimum wage for garment workers by 28 percent, a decision likely to infuriate unions seeking a higher increase and revive calls for strike action. Sixteen members of the Labour Ministry’s Labour Advisory Committee voted for the government-proposed minimum ...
World Bulletin News Staff
http://www.worldbulletin.net/economy/148209/cambodia-raises-garment-wage-but-unions-say-not-enough
Cambodia defies global crisis
Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...
Coke betting big on Cambodia
Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years.The new facility, which was announced last November after ...
Ayanna Runcie and Ananth Baliga
http://www.phnompenhpost.com/business/coke-betting-big-cambodia
PM institutes land concessions moratorium
Prime Minister Hun Sen has issued an immediate and indefinite moratorium on the granting of new economic land concessions and called for a review of all existing concessions, a regulation signed by the premier yesterday states. Dated to an April 27 Council of Ministers’ meeting, the ...
http://www.phnompenhpost.com/index.php/2012050856036/National-news/conceding-a-problem.html
Press Release on the result of the meeting on the solutions to the disputed ELC for sugar cane plantation for exportation in 4 provinces: Koh Kong, Kampong Speu, Preah Vihear and Oddar Meanchey
On 10 October 2017, a meeting discussion on “Solutions to the Disputed Economic Land Concession for Sugar Cane Plantation for Exportation” in 4 provinces: Koh Kong, Kompong Speu, Preah Vihear, and Oddar Meanchey, was held at the Ministry of Land Management, Urban Planning and Construction, ...
Ministry of Land Management, Urban Planning and Construction
First hedging deal transacted
ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...
Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted
FAO Estimates Cambodia 2014 Rice Exports to Increase Slightly to 1.2 Million Tons
The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...
Oryza News Staff
http://oryza.com/news/rice-news/fao-estimates-cambodia-2014-rice-exports-increase-slightly-12-million-tons
Lead-up to poll saw SLCs spike
Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. and going by the numbers last year, it worked. But in the vacuum, according to local rights ...
May Titthara
http://www.phnompenhpost.com/national/lead-poll-saw-slcs-spike
Cambodia, UAE conclude comprehensive economic partnership agreement
The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501280969/cambodia-uae-conclude-comprehensive-economic-partnership-agreement/
Franchise industry expands
Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...
http://www.phnompenhpost.com/index.php/2012101859294/Business/franchise-industry-expands.html
Hun Sen touts Cambodia’s approach to closing gender gap
Prime Minister Hun Sen addressed world leaders at the UN on Sunday, giving his formula for closing the gender gap. On Friday, world leaders adopted a new set of development goals, to be achieved over the next 15 years, including gender promotion. ...
Men Kimseng
http://www.voacambodia.com/content/hun-sen-touts-cambodia-approach-to-closing-gender-gap/2985720.html
Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Misconceptions an obstacle to contraception use: study
The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...
Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study
Gaps persist in laws protecting kids: UN
A draft United Nations Office on Drugs and Crime (UNODC) report released at a workshop on Monday praises efforts to crack down on sexual abuse Of children but calls for measures to curb child pornography. ...
Martin de Bourmont and Kong Meta
http://www.phnompenhpost.com/national/gaps-persist-laws-protecting-kids-un
Toyota to import used cars
Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers. Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for ...
http://www.phnompenhpost.com/business/toyota-import-used-cars
Mitr Phol families petition for land
Villagers who have lost their land first to a Thai sugar company supplying Coca-Cola and then to a military unit in Oddar Meanchey province’s Samroang district yesterday petitioned the Agriculture Ministry to ask for it back. ...
May Titthara
http://www.phnompenhpost.com/national/mitr-phol-families-petition-land
Thailand plans to buy Cambodian water
Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...
May Kunmakara
http://www.khmertimeskh.com/news/37220/thailand-plans-to-buy-cambodian-water/
More Chinese FDI on the horizon
China has pledged to increase its investment in Cambodia in return for the Kingdom’s commitment to its regional policies and economic initiatives in Southeast Asia. Wang Lei, secretary-general of the Chinese-ASEAN Expo (CAEXPO) Secretariat, said on Wednesday that Cambodia had thrown its full support behind China’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/more-chinese-fdi-horizon