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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/

Announcement on Archiving Open Development Cambodia 's old site

Open Development Cambodia (ODC) is in the progress of archiving the old website “opendevelopmentcambodia.net” by moving it to the new address at “archive.opendevelopmentcambodia.net”. Once the process is entirely completed, the address “www.opendevelopmentcambodia.net” will be re-used to replace “https://opendevelopmentcambodia.net/” as the only official website address of ...

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

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 ...

http://www.phnompenhpost.com/index.php/2012051156102/Business/guesthouses-rebut-calls-for-fair-prices.html

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 ...

http://www.phnompenhpost.com/index.php/2012051756210/Business/casino-to-open-in-ratanakkiri-this-august.html

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, ...

http://thesoutheastasiaweekly.com/

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 ...

http://www.voanews.com/khmer-english/news/Global-Media-Conference-Yields-Ideas-for-Cambodian-Internet-160691415.html

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

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