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Belarus plans to open tractor factory in Cambodia

visiting Prima Vitlay, vice minister of industry of Belarus today met with deputy prime minister and finance minister of Cambodia, Keat Chhon, here to expand cooperation and trade ties between two countries. Prima told finance minister: “his country schedules to open a tractor factory in Cambodia ...

http://thesoutheastasiaweekly.com/?p=4835

Third Taiwanese Bank Slated To Open in Cambodia

The Taiwan Cooperative Bank will become the third bank from Taiwan, which has no diplomatic relations with Cambodia under the “one-China” policy. National Bank of Cambodia officials say the bank has been provisionally approved, but that the central bank needs time to look over the fine ...

http://www.voacambodia.com/content/third-taiwanese-bank-slated-to-open-in-cambodia/1522678.html

CAMBODIA: Rural poor lose out in land deals

Land governance policies in Asia, especially concessions made to private companies, are leaving the region’s poorest vulnerable to human rights abuses, experts say. “Land-grabbing by the rich and powerful continues,” Suson Bunsak, executive secretary of the Cambodian Human Rights Action Committee, said at the recent Asia ...

Australian Senate Pushes for Fair Elections in Cambodia

The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...

http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/

Doing business gets easier in Cambodia: World Bank

Cambodia rose five places in the World Bank’s annual Doing Business study to 133I’d out of 185 countries, largely due to the establishment of a credit bureau, which makes acquiring loans easier. The report, which ranks countries in 10 categories on the ease of doing ...

http://www.etmcambodia.com/viewarticles.php?articlesid=241

1 in 20 Firms Carry Out Environment Assessments

Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out environmental impact assessments, an official at the ministry of Environment said yesterday. Speaking at a workshop in Phnom Penh ...

Simon Lewis and Khuon Narim, P.1
http://www.cambodiadaily.com

Cambodia Sees Opportunity for US Investment in Agriculture

Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway. Cham Prasidh was in Washington last week, where he and other ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

Cambodia Least Competitive in Region on Global Index

Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

New services, branches in Cambodia woo bank customers

Maybank, one of the largest banks in Cambodia, has officially launched an internet banking service to provide a convenient service to its more than 10,000 customers and says it hopes to increase that number by around 10 per cent. The service, called M2U, will enable customers ...

http://www.phnompenhpost.com/Business/new-services-branches-woo-bank-customers.html

More regional flights to be available in Cambodia

Regional flights to Cambodia will rise next year with the news that Philippines Airlines is eyeing flights to the Kingdom and Singapore’s SilkAir announced it would increase the frequency of flights to Siem Reap. The regional wing of Singapore Airlines, SilkAir, announced on Tuesday an increase ...

http://www.phnompenhpost.com/2012122060379/Business/more-regional-flights-to-be-available-in-cambodia.html

Cambodia's banking industry sees robust growth in 2012

Cambodia’s banking sector has maintained strong and steady growth in terms of loans and deposits in 2012 thanks to better economic performance, a central bank’s senior official said Tuesday. “Our banking system remains robust this year despite economic crisis in Europe and economic slowdown in the ...

http://news.xinhuanet.com/english/business/2012-12/25/c_132062871.htm

Illegal Cambodian Workers in Thailand Could Be Deported

Thailand is warning it will expel 1.5 million illegal workers from the country, a move that could affect around 160,000 Cambodians. Rights workers in Cambodia say the migrant laborers deserve assistance from both Thai and Cambodian authorities to help them work and travel legally. ...

http://www.voacambodia.com/content/cambodia-illegal-khmer-workers-in-thailand-could-be-deported/1571654.html

Denso To Turn Out Motorcycle Parts In Cambodia

Denso Corp. (6902) will begin making motorcycle parts in Cambodia in July, responding to growing production of vehicles in Southeast Asia. The autoparts manufacturer will establish a production subsidiary in Cambodia in April. Plans are to lease a plant in the Phnom Penh Special Economic Zone ...

http://e.nikkei.com/e/fr/tnks/Nni20130123D2301N02.htm

Land dispute arrests soar 144 pct in 2012

The number of people arrested over land disputes jumped 144 percent from a year earlier to 232 in 2012, the Cambodian Human Rights and Development Association (Adhoc) said Thursday. Speaking at a news conference, he [Adhoc president Thun Saray] said Adhoc last year received 70 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjk2OWQyMTBhNWE

Cambodian exports to Malaysia almost double in 2012

Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc

Vehicle registration grows despite flaws in the system

An absence of public transport, improved roads and the economic development of Cambodia’s rural areas was reflected in an increase in vehicle registrations by 7.7 per cent from 2011 to 2012, official data shows. However, as an insider said yesterday, many cars and motorcycles will ...

http://www.phnompenhpost.com/2013031261874/Business/vehicle-registration-grows-despite-flaws-in-the-system.html

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Koh Kong judge queries reporter in Wutty case

One of the journalists on the scene when environmentalist Chut Wutty was gunned down last month appeared in a Koh Kong provincial court yesterday to answer questions about the shooting incident, which also led to the death of military police officer In Rattana. According to human ...

http://www.phnompenhpost.com/index.php/2012051856240/National-news/koh-kong-judge-queries-reporter-in-wutty-case.html

Police Surround Homes in Search of Alleged Secessionists

Dozens of police in search of two Kratie province “secessionist ringleaders” surrounded the homes of two of their relatives in Kompong Cham province for nearly 12 hours yesterday while threatening those inside, a relative of the two men said. The alleged secessionist movement has been used ...

Levi's, Gap garment workers on strike in Cambodia

Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their ...

http://www.businessweek.com/ap/2012-05/D9UTQ5M80.htm

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