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Robust Recovery Continues

Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

Vietnam rubber tycoon rejects land grabbing accusations

A Vietnamese rubber tycoon has rejected accusations by Global Witness, a group that campaigns on resource issues, that it was involved in a land grabbing crisis in Southeast Asia. Doan Nguyen Duc, the chairman of Hoang Anh Gia Lai (HAGL) Group, told Vietnamese media the information ...

http://www.thanhniennews.com/index/pages/20130514-vietnam-rubber-tycoon-rejects-land-grabbing-accusations.aspx

Ministry, NGOs Meet Over Trafficking Report

Ministry of Interior officials held a closed-door meeting Monday with NGO representatives to contest Cambodia’s recent downgrade on the U.S. State Department’s Global Trafficking in Persons Report, which the ministry will discuss in a meeting with the U.S. Em­bassy this week. The annual report, released last ...

http://www.cambodiadaily.com/news/ministry-ngos-meet-over-trafficking-report-32932/

Cash for Siem Reap Market Repair to Come From National Budget

A $300,000 sum to repair Siem Reap City’s fire-ravaged Doeum Kralanh market, originally billed on Monday as a donation from Prime Minister Hun Sen, will actually be taken from the national budget, according to a senior ruling-party official. Less than three weeks before the July 28 ...

http://www.cambodiadaily.com/news/cash-for-siem-reap-market-repair-to-come-from-national-budget-34209/

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

Vietnam Plans to Add Border Gates Along Border With Cambodia

Vietnam plans to build 13 new border gates along the boundary line with Cambodia to help boost trade that has already been growing between the two Southeast Asian nations. Vietnam and Cambodia will work out plans to add 13 new border gates over the next seven ...

Nguyen Pham Muoi
http://blogs.wsj.com/searealtime/2013/08/29/vietnam-plans-to-add-border-gates-along-border-with-cambodia/

Rice plots blocked at dam site

In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union Development Group, which was awarded a ...

Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site

Cambodia’s tourism soars

Cambodia’s tourist arrivals registered a 16.9% growth in September according to the country’s statistics and tourist Information department. The country attracted 283,787 visits compared to 242,747 during the same month in 2012. Released by the Ministry of Tourism, late last week, data showed the percentage ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/cambodias-tourism-soars/

Cambodia sends 4th batch of troops to Lebanon for U.N. peacekeeping mission

Cambodia on Tuesday dispatched the fourth batch of 184 soldiers to Lebanon to replace the third batch’s forces, whose one-year United Nations peacekeeping duties have come to an end. The civil engineering group would perform their one-year duties by clearing landmines, constructing roads, bridges, shelters and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/17/c_132974000.htm

Svay Rieng Workers Strike Again, Throw Rocks

Police briefly detained 13 garment factory workers on Thursday after about 20,000 workers, some throwing rocks, continued a strike that began Monday in Svay Rieng province’s Bavet City over wages and working conditions, a union official and police said. Union leaders had on Wednesday evening agreed ...

Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/svay-rieng-workers-strike-again-throw-rocks-49506/

Rice Trader Claims Being Wrongly Fined Bad Scale to Measure Her Truck

A rice trader on Monday filed a complaint with the Anti-Corruption Unit, Prime Minister Hun Sen’s Cabinet and three ministries alleging that officials in Kompong Cham province had wrongly fined her for an overweight truck after using improperly weighted scales. Saing Darlin had her truck impounded ...

Hul Reaksmey
http://www.cambodiadaily.com/business/rice-trader-claims-being-wrongly-fined-bad-scale-to-measure-her-truck-49631/

Cambodia Tourism Industry Fears Fallout From Election Uncertainty

Enterprises in Cambodia’s biggest tourism hub have called on Prime Minister Hun Sen and opposition leader Sam Rainsy to quickly resolve a festering election dispute that they say is threatening business prospects as tensions rise ahead of mass opposition protests next week. Travel companies ...

Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/tourism-08302013144408.html

Cambodian Rice Exports Double in the First Seven Months

Cambodia exported 221,027 tons of milled rice in the first seven months of the year, an increase of 103 percent compared to the same period last year, according to figures from the Ministry of Commerce. Officials and rice experts said the increase in exports was thanks ...

Lindsey Peterson and Hul Reaksmey
http://www.cambodiadaily.com/business/cambodian-rice-exports-double-in-the-first-seven-months-43062/

King Sihamoni Signs Decree Terminating All Adviser Positions

King Norodom Sihamoni has signed off on a Royal Decree terminating the positions of every ministry-level adviser in the government except for those of Prime Minister Hun Sen in order to allow recently appointed officials to appoint new advisers. The decree, signed October 1 and obtained ...

Khuon Narim
http://www.cambodiadaily.com/news/king-sihamoni-signs-decree-terminating-all-adviser-positions-44720/

Cambodia floods hit northwestern prison, 842 prisoners evacuated

Floods have submerged a prison in northwestern Banteay Meanchey province on Thursday, forcing the authorities to evacuate all 842 prisoners to detention centers in other provinces. “The prison is badly inundated and we are moving the prisoners to prisons in neighboring provinces,” Phin Sophal, chief of ...

Global Times News Staff
http://www.globaltimes.cn/content/816874.shtml#.UldsRNKBlxI

Cambodia's rural communities to get sustainable energy access

The Asian Development Bank (ADB) and Government of Australia are expanding access to economical and reliable energy for rural Cambodian households, including through the promotion of cookstoves in Svay Rieng and Kampong Cham provinces. A $6.1 million Australian Aid grant, administered by ADB, will finance ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTc1MDdmNzhlNTM

Koh Pich: diamond in the rough slowly comes together

Since being designated for development by the municipal government in 2006, Koh Pich has been abuzz with activity. Now covered in the widest, least-congested roads in central Phnom Penh, this island is filling up quickly with residential, retail and hospitality projects aimed at affluent locals ...

Chris Horton
http://www.phnompenhpost.com/real-estate/koh-pich-diamond-rough-slowly-comes-together

CNRP Supporters Run Through Practice Sit-In for Saturday

The opposition CNRP on Wednesday held its second and last day of training for party supporters ahead of its mass demonstrations planned for Saturday driving home its message of peace and nonviolence. Amid persistent and ominous warnings from the government that the demonstrations may turn violent, ...

Phorn Bopha and Zsombor Peter
http://www.cambodiadaily.com/elections/cnrp-supporters-run-through-practice-sit-in-for-saturday-41702/

Work starts on new 22-storey hotel

Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...

Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel

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