Hun Sen returns from fruitful week in China
Prime Minster Hun Sen arrived back in Phnom Penh on Sunday after a weeklong visit to China for an international summit during which Chinese Premier Xi Jinping pledged $145 million in aid and soft loans to Cambodia. On Monday, AKP reported that China promised to ...
Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-returns-from-fruitful-week-in-china-59560/
Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.
The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...
Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm
Hyundai’s Cambodia plans
After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...
http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans
ASEAN FTA with Hong Kong, China on track
Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/
'Hong Kong Land' Project Pushed Back to 2013
Property development firm Hongkong Land (HKL) will not break ground on a 10,700-square-meter mixed-use office and retail project in Phnom Penh’s Daun Penh district until at least 2013, officials at the firm said Thursday. HKL acquired the property behind the U.S. Embassy in April 2011 as ...
Hong Kong offers visa free travel to officials
Cambodian diplomats and a range of government officials can now travel to Hong Kong without a visa and stay for 14 days under a new exemption agreement with the commercial Chinese city, officials said. The new exemption took effect on June 1, according to a statement ...
Cops crack down on faux shampoo
Seven sellers of fake shampoo have been detained for questioning at the Kampong Speu provincial police station after being arrested this week while plying their sub-par wares at the Chbar Mon town market. Seoung Savuth, deputy police chief of anti-economic crime in the province, said police ...
Affordable houses for all
A public housing project, which aims to provide affordable housing for the lower middle class, low-income earners and state workers, is due to start at the end of the year after the completion of a study to determine its feasibility. ...
Sum Manet
http://www.khmertimeskh.com/news/26739/affordable-houses-for-all/
Officials deny timber sent to Vietnam via Sesan
Ratanakkiri Military Police officials yesterday denied multiple local media reports that thousands of logs of luxury timber were being transported on the Sesan River to be sent to Vietnam illegally. ...
Phak Seangly
http://www.phnompenhpost.com/national/officials-deny-timber-sent-vietnam-sesan
Man healed, held against will
Today, a month to the day after his stomach ruptured, Term Hun, 49, remains hospitalised. He was operated on and has long since healed. But without the money to pay for his treatment, the clinic refuses to let him go. After receiving emergency surgery at ...
Koam Chanrasmey and Sean Teehan
http://www.phnompenhpost.com/national/man-healed-held-against-will
‘Enough jobs’ here, but lure of Thailand abides
As Thailand today opens another fast-track visa office along the border in the hope of reversing the ongoing exodus of workers, Cambodia continues clamouring to find jobs for the returning migrants. The Ministry of Labour remained adamant yesterday that there are enough open positions in the ...
Phak Seangly
http://www.phnompenhpost.com/national/%E2%80%98enough-jobs%E2%80%99-here-lure-thailand-abides
ACU arrests reporters and construction worker
The government’s Anti-Corruption Unit (ACU) on Friday arrested two reporters and a construction worker in Kampot City for their alleged role in extorting a deputy provincial governor, officials and a colleague of one of the suspects said Sunday. ...
Mech Dara
http://www.cambodiadaily.com/news/acu-arrests-reporters-and-construction-worker-67990/
Porsche Joins Cambodia's Luxury Car Race
Though still one of the poorest countries in the region, Cambodia’s recent economic growth has birthed a new class of consumer. And waiting in the wings is German automaker Porsche, which intends to sell its distinctive sports cars directly to Phnom Penh’s wealthy within a ...
http://www.cambodiadaily.com/business/porsche-joins-cambodias-luxury-car-race-10927/
Celestial Tiger Entertainment announces five new carriage agreements
Celestial Tiger Entertainment (CTE), the operator of the largest bouquet of pan-Asian channels dedicated to Asian entertainment, has announced five new carriage agreements on the first day of the 2012 CASBAA Convention, the annual pay TV industry conference held in Hong Kong. The newly-inked deals ...
Cambodia’s parliament OKs dam compensation plan
Cambodia’s energy minister allayed concerns in parliament over inadequate compensation offered to villagers who face relocation for a proposed China-backed dam on a Mekong River tributary, saying the government has allocated to villagers more than four times the area taken over for the project. Minister of ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/dam-06192014195419.html
Angkor Gold confirms $10m partnership deal
Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...
Eddie Morton
http://www.phnompenhpost.com/business/angkor-gold-confirms-10m-partnership-deal
Workers quietly trickle back
As garment union groups resume their strike today, thousands of workers plan on returning to work, largely citing financial necessity rather than ideological disagreement with the unions. The Ministry of Labour on Monday ordered union leaders to cease a nationwide strike that began nine days ago, ...
Mom Kunthear
http://www.phnompenhpost.com/national/workers-quietly-trickle-back
Documents revealed in massive fraud case
The documents concern a court case brought by representatives of Hong Kong-based Enviro Group Holdings Limited who are suing John Davies and Lim Lian Tho – both former company directors of Phnom Penh based subsidiary Enviro Corporation (Cambodia) Ltd – and Mark McCluskey, a lawyer ...
Conservation Efforts Boost Crab Production
Improved quality coupled with growing international demand has sent crab prices escalating over the past year, officials said on Wednesday. In some provinces, the price has jumped as much as 66 percent during the past 12 months. Lang Kery, chief of the Koh Kong provincial Fishery Administration’s ...
Starbucks to open its first outlet in Vietnam
Global coffee-chain giant Starbucks will enter its 12th Asian market next month when it opens an outlet in Vietnam’s Ho Chi Minh City. RMA Cambodia CEO Rami Sharaf said the expansion into Vietnam did not automatically mean Starbucks would enter Cambodia. “I don’t think there is ...