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 ...
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 ...
Government promotes clean cities in Cambodia
Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...
http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html
Guesthouses rebut calls for fair prices
Hotel and guesthouse operators have pushed back against government calls to avoid price increases during holidays, claiming group booking, as well as supply and demand, dictated the price of accommodation. Government officials, including Prime Minister Hun Sen, have recently tried to dissuade operators from raising the ...
Casino to open in Ratanakkiri this August
A new US$3.5 million casino will open in Ratanakkiri province, according to a representative of Try Pheap Import Export Company. “We’ll have a similar kind of casino to what they have in Bavet,” Bee Chivoan Dara said. Try Pheap Mittapheap Casino Entertainment Resort is built on more ...
Trade, Tourism To Get Boost Along Phnom Penh-Bangkok Route
Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...
Global Media Conference Yields Ideas for Cambodian Internet
Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...
Indochine Mining Limited (ASX:IDC) Successful Capital Raising
Indochine Mining Limited (ASX:IDC.AX – News) is pleased to announce a successful capital raising from existing institutional shareholders and a New major global fund Indochine Mining Limited (ASX:IDC.AX – News) is a gold-copper exploration and development company. In Cambodia, it has the largest mining property holding ...
http://au.finance.yahoo.com/news/indochine-mining-limited-asx-idc-031410444.html
Siam City Cement to enter Cambodia with local partner
Siam City Cement and the Chip Mong Group will co-build a new cement plant in the Toukmeas district of Kampot by 2015 in order to take advantage of the “huge” demand in Cambodia. The plant will cater specifically to the Cambodian market, although they will also ...
http://www.phnompenhpost.com/Business/siam-city-cement-to-enter-kingdom-with-local-partner.html
Bangchak plans petrol stations in Cambodia
Bangchak Petroleum, a majority state-owned oil refiner and retailer in Thailand, said it wants to open five petrol stations in Cambodia, with the first station opening in 2014, the Bangkok Post reported last week. Tui Rutten, president of the Thai Business Council of Cambodia did not ...
http://www.phnompenhpost.com/2013020161112/Business/bangchak-plans-petrol-stations-in-cambodia.html
Cambodia aims to adopt law on 'Access To Information' in 3 years
The Cambodian government said Monday that a law on access to information will be adopted in three years. Cambodia has spent more than a decade working on this draft law. The formation of a new government in July committed to reforming all the government’s bodies ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131230/cambodia-aims-adopt-law-access-information-3-years
Vietnamese Prime Minister Arrives for Three-Day State Visit
Vietnamese Prime Minister Nguyen Tan Dung arrived for an official three-day visit Sunday, during which he is scheduled to meet with Prime Minister Hun Sen as well as inaugurate a new Vietnamese-funded hospital and attend a groundbreaking ceremony for a bridge linking the two countries. Tran ...
Hul Reaksmey
http://www.cambodiadaily.com/news/vietnamese-prime-minister-arrives-for-three-day-state-visit-50453/
Forward steps for garment salary raise
Four subcommittees formed by the Ministry of Social Affairs met on Friday to begin establishing a new minimum wage for garment workers that will go into effect next year. Following the meeting, Social Affairs Minister Ith Sam Heng told reporters that factory production rates, garment worker ...
Sen David
http://www.phnompenhpost.com/national/forward-steps-garment-salary-raise
Cambodian gov't considers lawsuit against opposition chief
The Cambodian government is considering a court action against the country’s main opposition leader Sam Rainsy for his letter, which is deemed to have rebuked King Norodom Sihamoni’s appraisal of parliament, Prime Minister Hun Sen said Monday. “Lawyers are examining this issue. Sometimes, we can sue ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=211043
Cambodia announces Intellectual Property Rights laws to protect artists and musicians' works
Cambodia announces today a new Intellectual Property Rights laws drafted to protect the country’s artists and musicians and their works from counterfeiting in accordance with interntional IPR standards. An event held at Ministry of Commerce was attended by newly-appointed Sun Chanthol, Minister of Commerce, who has ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=MTI4YzJmMmZiNzY
Direct flights start from Seoul to Sihanoukville
Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...
George Styllis
http://www.cambodiadaily.com/business/direct-flights-start-from-seoul-to-sihanoukville-65284/
Expatriates need IDs: government
Expatriates working in Cambodia without labour identification cards will face fines and even jail when strict new enforcement kicks in, according to a July 16 joint statement from the ministries of interior and labour. Government inspectors, the statement adds, will begin checking workplaces immediately in order ...
Chhay Channyda
http://www.phnompenhpost.com/national/expatriates-need-ids-government
Human Rights Watch Finds Widespread Anti-Union Practices
In a new report highlighting abuse in Cambodia’s garment industry, Human Rights Watch has called on the Cambodian government to cease “intimidation and threats” against workers. The group interviewed nearly 200 factory workers from 55 different factories, and found that anti-union discrimination and poor workers conditions ...
Kong Sothanarith
http://www.voacambodia.com/content/human-rights-watch-finds-widespread-anti-union-practices/1843580.html
Nippon Express launches Japan service via Ho Chi Minh City
Nippon Express Co Ltd says its has launched a combined transport service from Phnom Penh to Japan which reduces shipping time by about six days. The Japanese logistics company said the new service started on April 1, transporting cargo by truck from Phnom Penh to Ho ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MzY1YWNkYTY3ZmQ