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Over $300 million worth tyre plant planned in Sihanoukville SEZ

A Chinese firm plans to invest over US$300 million to construct a largest tyre plant at Sihanoukville Special Economic Zone (SSEZ) in Preah Sihanouk province in 2023 ...

Khmer Times Staff
https://www.khmertimeskh.com/501123315/over-300-million-worth-tyre-plant-planned-in-sihanoukville-sez/

Poverty rate dropped to 17.8% in 2020

The poverty rate in Cambodia fell to 17.8%  in 2020, from nearly 40%  in 2009, according to a senior official at the Ministry of Planning. ...

Sok Sithika
https://www.khmertimeskh.com/501122948/poverty-rate-dropped-to-17-8-in-2020/

Building water links to Vietnam

Authorities are planning upgrades to effectively double the capacity of boats travelling from Phnom Penh Autonomous Port to Vietnam, according to port Director General Hei Bavy. A 2009 agreement with Vietnam authorities allows ships travelling down the Mekong from Cambodia to offload at Cai Mep ...

http://www.phnompenhpost.com/

Net widens on fishing trap ban

Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...

http://www.phnompenhpost.com/index.php/2012030754900/National-news/net-widens-on-fishing-trap-ban.html

More than 40 faint as firm denies exit

More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...

http://www.phnompenhpost.com/index.php/2012030754901/National-news/more-than-40-faint-as-firm-denies-exit.html

Cambodia-China trade increases to $912 Million for first half of 2011

“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of ...

http://thesoutheastasiaweekly.com

1.3 Million Visitors Arrive in First Semester for 2011

About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...

http://thesoutheastasiaweekly.com/

Rice Grower to Set Up Farms in Cambodia and Myanmar

Hybrid rice producer SL Agritech Corp. plans to set up a plantation in Cambodia via a joint venture instead of shipping out produce from its Philippine farms, a ranking official said last week. “We are looking at starting the shipment of seeds to Cambodia and to ...

http://www.bworldonline.com/content.php?section=Corporate&title=Rice-grower-to-set-up-farms-in-Cambodia-and-Myanmar&id=37530

In Need of Power, Phnom Penh Blacks Out

Rolling blackouts that plagued Phnom Penh this week were the result of the city’s power supply being unable to meet demand as the country moves into the hot season, officials at state-owned Electricite du Cambodge (EdC) said on Friday. Power Outages rolled over the city this ...

ASEAN hits troubled waters

Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...

http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html

PM urges ‘democracies’ to learn from horrors Cambodia faced

Prime Minister Hun Sen on Tuesday chided countries that he said declared themselves a democracy while supporting a military coup that eventually gave birth to the Khmer Rouge regime. Speaking during the 2nd Asia-Pacific Summit at the Peace Palace, Hun Sen said without naming those ...

Khorn Savi
https://www.phnompenhpost.com/national-politics/pm-urges-democracies-learn-horrors-cambodia-faced

Supplier of Gap in Spotlight

Workers striking at Ocean Garment factory say they still fear for their safety after being ordered back to work on Friday, where a manager accused of sexual harassment continues to work. More than 2,500 workers at the Phnom Penh factory – which supplies retail giant Gap ...

http://www.phnompenhpost.com/index.php/2012082758304/National-news/gap-supplier-in-spotlight-for-sexual-harrassment-allegations.html

Police Officer Charged Over Bavet shooting

The Svay Rieng Provincial Court has charged a local police official with causing “unintentional injuries” during a shooting in February that left three garment factory workers injured in Bavet City, court officials said yesterday. Former Bavet City Governor Chhouk Bundith was charged with the same crime ...

Disaster management officials prep for floods

The National Committee for Disaster Management was preparing to ensure end-of-season floods did not compound the woes caused by months of drought, officials said yesterday. To minimise the effects of flooding, the NCDM had sent a request to the Council of Ministers for 16,000 tonnes of food and ...

http://www.phnompenhpost.com/index.php/2012083058385/National-news/disaster-management-officials-prepare-for-floods.html

Two factories hope to list on CSX

The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...

http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html

Government Approves Dam On Lower Sesan

The Council of Ministers on Friday signed off on the Lower Sesan 2 dam project in Stung Treng province, despite long-standing criticism leveled against the project by environmental groups who say it would adversely affect 100,000 people as a consequence of reduced access to fish. The ...

Need for more transparency

GREATER transparency along the garment supply chain, from producers to buyers, is required in order to strengthen the accountability of retailers, factories and governments in protecting the rights of workers, Ou Virak, president of the Cambodian Center for Human Rights, said yesterday. Speaking in Phnom ...

http://www.phnompenhpost.com/2013022861656/Business/need-for-more-transparency.html

Rampant Smuggling Hurts Cigarette Industry

An increase in the amount of cigarettes smuggled into Cambodia has forced the country’s largest cigarette manufacturer to scale down production by nearly half, leaving local tobacco farmers with little choice than to sell their crop at a reduced price to Vietnam. According to Tola Ponlu, ...

Arbitrator Rules On Future of Gold Tower 42

Arbitrators in Seoul have ruled that the company contracted to build the $240 million Gold Tower 42 project in Phnom Penh was in breach of contract after failing to raise funds to finish the project, which resulted in work stopping almost two years ago, a ...

Cambodian Pawnshop Revenues Drop as Industry Expands

The number of licensed pawnshops in the country has surged since the government began registering them in 2010, leaving some pawnbrokers claiming revenue losses of 30 to 50 percent due to oversaturation in the market. Ly Seng Cheng, a pawnbroker at the Khlaing Rum Sev pawnshop ...

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