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IFC Ombudsman to help settle Phnom Penh airport land dispute

Representatives for the hundreds of families facing eviction from homes around Phnom Penh International Airport have agreed to let the compliance ombudsman of the International Finance Corporation (IFC), the private investment arm of the World Bank, mediate a solution to the land dispute with the ...

Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/ifc-ombudsman-to-help-settle-phnom-penh-airport-land-dispute-53146/

NBC calls on MFIs to spread risk

The National Bank of Cambodia was pushing microfinance institutions to look to domestic banks for funding in an industry heavily reliant on foreign loans, experts said yesterday. Although the NBC is seeking to foster healthier relationships between MFIs and the Kingdom’s commercial banks, a dearth of ...

http://www.phnompenhpost.com/index.php/2011090951563/Business/nbc-asks-mfis-to-diversify.html

Kingdom's garment shipments still growing

Cambodian garment and textile exports increased nearly 20 per cent in the first eight months of 2011 compared to the same period last year, according to Ministry of Commerce figures. The Kingdom exported US$2.35 billion in garments during the period, a 19.6 per cent increase over ...

http://www.phnompenhpost.com/index.php/2011090951562/Business/kingdoms-garment-shipments-still-growing.html

Corn sales fall, profits sought in cassava

Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...

http://www.phnompenhpost.com/index.php/2012030554846/Business/corn-sales-fall-profits-sought-in-cassava.html

Thailand’s gem industry may move to Cambodia

Cambodia could overtake Thailand’s gem export market to the United States within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the US market, but Cambodia’s standing as a Least Developed Country would allow it ...

http://www.phnompenhpost.com/index.php/2012030654866/Business/thailands-gem-industry-may-move-to-cambodia.html

Sea Clashes Loom Over Southeast Asia Summit

Tiny Cambodia is emerging as a key pawn in the diplomatic struggle over one of the world’s busiest stretches of water: the potentially energy-rich South China Sea. The country of 15 million people is this year hosting a series of regional summits in which China’s claims ...

http://online.wsj.com/article/SB10001424052702304177104577308972320988892.html?mod=googlenews_wsj

Potato trials identify growth areas

Researchers at the Potato Research Centre at the Royal University of Agriculture announced yesterday that five provinces and the capital itself will become Cambodia’s hub for potato growing after successful tests of verities were recently finished. ...

Sok Chan
http://www.khmertimeskh.com/50269548/potato-trials-identify-growth-areas/

Strung Treng flood rescue efforts continue through elections

As the nation was in an election mood on Sunday, authorities revealed more than 1,400 families were impacted by floods in Siem Pang and Sesan, Strung Treng province after the collapse of a hydropower dam in southern Laos on Monday evening. ...

Voun Dara
https://www.phnompenhpost.com/national/strung-treng-flood-rescue-efforts-continue-through-elections

Preah Sihanouk protest over land dispute

Some 400 people in Preah Sihanouk province’s Stung Hav district on Friday protested in front of the provincial court demanding the release of four protesters who have been detained over a land dispute with a tycoon. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/preah-sihanouk-protest-over-land-dispute

Boao Forum to further bolster Cambodia-China relations

The Boao Forum for Asia-Phnom Penh Conference brought together this week Chinese and Cambodian leading business ​people and politicians to discuss economic ties between the countries and promote inter-regional economic cooperation. ...

Sok Chan
https://www.khmertimeskh.com/50537483/boao-forum-to-further-bolster-cambodia-china-relations/

Government approves 269 trademarks

The Ministry of Commerce approved 269 business trademarks this year, bringing the total number of such registrations at the ministry to 4,186 – an increase from 3,917 last year, its annual report said. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-approves-269-trademarks

Silk centre calls on private sector to take sericulture to the next level

Following a very successful year for the Kingdom’s sericulture sector in which its foundations have been cemented, the silk centre at the Royal University of Phnom Penh is ready for expansion. ...

Sok Chan
https://www.khmertimeskh.com/50564895/silk-centre-calls-on-private-sector-to-take-sericulture-to-the-next-level/

Number of casinos jumps by 53% in 2018

Cambodia granted 52 licences to casinos last year, bringing the total awarded to 150 at the end of 2018, thanks largely to a surge in gambling businesses in the Kingdom’s Preah Sihanouk province. ...

Hor Kimsay
https://www.phnompenhpost.com/business/number-casinos-jumps-53-2018

Factories begin new wage plan

The Ministry of Labour and Vocational Training issued an announcement on Wednesday indicating that 81 per cent of garment and footwear factories have implemented the government’s new requirement to pay workers’ wages twice a month. ...

Voun Dara
https://www.phnompenhpost.com/national/factories-begin-new-wage-plan

Germany donates €5M to boost local services

The German government has committed €5 million (about $5.68 million) to a joint government and civil society programme to boost cooperation between local authorities, local service providers and the public to improve performance. The German Embassy announced the funding of the Implementation of Social Accountability ...

Khorn Savi
https://www.phnompenhpost.com/national/germany-donates-eu5m-boost-local-services

Two US Congressmen seek review of Cambodia’s duty-free exports status

Two US congressmen on Tuesday introduced the Cambodia Trade Act bill to ask US President Donald Trump’s administration to review the preferential trade treatment under the General System of Preferences that Cambodia receives from the United States. The CTA bill will require the administration to ...

Taing Vida
https://www.khmertimeskh.com/50582341/two-us-congressmen-seek-review-of-cambodias-duty-free-exports-status/

‘Digital government’ systems being gradually implemented

The Kingdom is steadily implementing “digital government” systems to manage society by using modern computer techniques that require more skilled human resources, Minister of Interior Sar Kheng said on Monday. Speaking during a visit to some 2,000 retired civil servants and military veterans in Battambang ...

Voun Dara
https://www.phnompenhpost.com/national/digital-government-systems-being-gradually-implemented

Journalists invited to tour Ream Naval Base

The Ministry of National Defence on Friday invited some 70 national and international journalists to inspect the Ream Naval Base following reports last week of a deal with China to use the facility. The story was immediately dismissed by Prime Minister Hun Sen as “fabricated ...

Mech Dara
https://www.phnompenhpost.com/national-politics/journalists-invited-tour-ream-naval-base

Cambodia welcomes $5b in investments in H1

The government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. ...

May Kunmakara
https://www.khmertimeskh.com/50629643/cambodia-welcomes-5b-in-investments-in-h1/

Committee inspects hundreds of projects

Provincial Hall spokesman Kheang Phearom recently revealed that Land Management Ministry and provincial officials have reviewed the permits and safety standards of nearly 300 construction projects in Preah Sihanouk. Prime Minister Hun Sen ordered for the creation of the Committee for the Inspection of Quality ...

Ben Sokhean
https://www.khmertimeskh.com/50635601/committee-inspects-hundreds-of-projects/

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