Cambodia's inflation stands at 2.9 pct in first half of 2013: central bank
Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/28/c_132670860.htm
OZ takes Renaissance scrip for cash
OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...
The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/
Villagers in Land Dispute Detain Workers, Confiscate Equipment
Villagers involved in a land dispute in Battambang province on Monday temporarily detained six men working for an agribusiness firm who were preparing the disputed land to be cleared, residents and police said. The six workers were using mine detectors to check for unexploded ordnance in ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-in-land-dispute-detain-workers-confiscate-equipment-50594/
Amid Outpouring of CPP Support, CNRP Calls Another Rally
With the opposition CNRP set to hold a rally at their party headquarters in Kompong Cham province Sunday, the CPP government deployed hundreds of police and military police to the area as ruling party supporters staged a rival rally, forcing opposition leaders to call off ...
Phorn Bopha and Mech Dara
http://www.cambodiadaily.com/news/amid-outpouring-of-cpp-support-cnrp-calls-another-rally-51050/
Villagers vow to defy fresh ban on marches
More than 1,500 villagers plan to march to the Anti-Corruption Unit and National Assembly in Phnom Penh on Thursday in defiance of a fresh ban issued by City Hall prohibiting them from doing so. The villagers form a group known as the Land Communities for Peace ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/villagers-vow-to-defy-fresh-ban-on-marches-59966/
Questions raised over land sale at lakeside
Developer Shukaku has sold off close to 1.3 hectares of land at the capital’s controversial Boeung Kak lake site to a Singapore-listed HLH Group company, according to a statement from HLH. HLH subsidiary D’Lotus Development purchased the land at Boeung Kak in Daun Penh district for ...
Chan Muyhong
http://www.phnompenhpost.com/business/questions-raised-over-land-sale-lakeside
Disability initiatives launched as jobs quota not met
For Cambodians with disabilities, the launch of two major initiatives in the past two days designed to improve their lives has brought some optimism about the future—tempered by a note of caution. At Koh Pich island on Thursday, in front of a crowd of more than ...
Holly Robertson
http://www.cambodiadaily.com/news/disability-initiatives-launched-as-jobs-quota-not-met-63276/
Boeng Kak families ask ACU to probe Senator’s land sale
Residents of Phnom Penh’s Boeng Kak neighborhood lodged a formal complaint with the Anti-Corruption Unit (ACU) on Monday, asking it to investigate 12 current and former government officials and Senator Lao Meng Khin over the senator’s plans to sell land they say was stolen from ...
Mech Dara
http://www.cambodiadaily.com/news/boeng-kak-families-ask-acu-to-probe-senators-land-sale-63453/
Chhay aims to purge Nat'l Assembly of ‘ghosts’
Senior opposition lawmaker Son Chhay has formally requested that the entire staff list of the National Assembly’s more than 1,000-strong secretariat be turned over to him for investigation as part of a bid to root out “ghost” workers and nepotistic appointments. As part of his one-man ...
Pech Sotheary and Kevin Ponniah
http://phnompenhpost.com/national/chhay-aims-purge-natl-assembly-%E2%80%98ghosts%E2%80%99
Grand Twins revenue plunges
Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-revenue-plunges
Migrant remittances total $2.8B last year
Cambodia migrant workers last year sent $2.8 billion back home in remittances, according to the latest report by the Ministry of Labour and Vocational Training. Speaking at an annual gathering last week, Minister Ith Sam Heng said the ministry continues to manage the employment and labour ...
Thou Vireak
https://www.phnompenhpost.com/business/migrant-remittances-total-28b-last-year
Smallholder farmers to face land shortage, study finds
Smallholder farmers have a crucial role to play in tempering the growing pains of Cambodia’s transition to an industrialised economy, but unless something is done, they will face a land shortage in the coming years, according to the authors of a new report. They will ...
Jack Davies
http://www.phnompenhpost.com/national/smallholder-farmers-face-land-shortage-study-finds
Family and residence books put under commune control
The Ministry of Interior has announced that the authentication of residence books and family books will now fall under the purview of the commune instead of district administrations. A ministry press release entitled Transferring of the police chiefs in providing residence and family books dated ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/family-and-residence-books-put-under-commune-control
Vast Prince Manor fun park opens to much fanfare in Kandal
Chinese-owned Prince Culture and Development Co Ltd officially launched the $85 million Prince Manor entertainment centre in Kandal province on Wednesday. Prince Manor is located along National Road 1, 20km from the centre of Phnom Penh. It is the first major theme park project in ...
May Kunmakara
https://www.phnompenhpost.com/business/vast-prince-manor-fun-park-opens-much-fanfare-kandal
CRF: Bumper 2021 for organic rice
Cambodia exported 11,200 tonnes of organic milled rice to international markets in 2020, a slight 1.2 per cent increase over 2019, according to the Cambodia Rice Federation (CRF). While the milled-rice export sector by and large chalks up 2020’s lacklustre growth performance to the ongoing ...
Hin Pisei
https://www.phnompenhpost.com/business/crf-bumper-2021-organic-rice
CMAC funded for mine-free B’bang
The Cambodian Mine Action Centre (CMAC) has laid out long-term plans to demine 8,000ha of afflicted land in Battambang province. The project is expected to run from April 1 this year until December 31, 2025, at a cost of more than $12 million. Funding will ...
Voun Dara
https://www.phnompenhpost.com/national/cmac-funded-mine-free-bbang
PP-Bavet Expressway agreement finalised
The Public-Private Partnership Contract (PPP) for the Phnom Penh-Bavet Expressway project worth about $1.63 billion has been finalised and ready for signing between the government and the private developer in a ceremony to be held in early 2023 after all the clauses of the contract ...
Kang Sothear
https://www.khmertimeskh.com/501202640/pp-bavet-expressway-agreement-finalised/
Robust growth in apparel exports to UK from Cambodia registered
Cambodia’s apparel exports of $758.532 million in the first three quarters of this year have already crossed the total exports of $613.344 million in 2021. At this rate, the exports are likely to touch the $1 billion mark by December 2022. The two countries are ...
Khmer Times Staff
https://www.khmertimeskh.com/501202268/robust-growth-in-apparel-exports-to-uk-from-cambodia-registered/
US remains Cambodia’s biggest market despite declining exports
The US remained the biggest market for Cambodia with a share of 34.4 percent even though the Kingdom’s exports to the country decreased by 20.2 percent to reach $1.12 billion in the first two months of the year compared to the same period in 2022, ...
Manoj Mathew
https://www.khmertimeskh.com/501255716/us-remains-cambodias-biggest-market-despite-declining-exports/
Jan-Apr exports to Singapore quadruple on-year
Cambodian goods exports to Singapore reached $223.843 million in the first four months of 2023, up 345.7 per cent year-on-year from $50.224 million and up 1,087 per cent half-on-half (compared to July-October 2022) from $18.9 million, according to provisional Customs (GDCE) data compiled in “International ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-exports-singapore-quadruple-year