India loan signed to fund dam in Kampong Speu
India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu
Banker to lead Khmer-Chinese coterie
Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banker-lead-khmer-chinese-coterie
Cambodia to receive additional $965 million in ADB financing
The Asian Development Bank (ADB) will provide $965 million in funding to Cambodia for the development of key priority areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501083754/cambodia-to-receive-additional-965-million-in-adb-financing/
China-backed AIIB to take concrete shape
One of China’s biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing. ...
Brenda Goh and Koh Gui Qing
http://www.khmertimeskh.com/news/12682/china-backed-aiib-to-take-concrete-shape/
Gov’t may hire wing to collect tax revenue
The government is considering appointing Wing (Cambodia) Limited, a specialised bank and mobile payment company, as a designated agent to collect tax revenues, the Ministry of Economy and Finance announced yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-may-hire-wing-collect-tax-revenue
PM orders arrest of lying politicians
Prime Minister Hun Sen has ordered authorities to arrest any politicians pledging to clear the debts of voters with micro-finance institutions (MFIs) and banks if their party wins the elections. ...
Taing Vida
http://www.khmertimeskh.com/news/35279/pm-orders-arrest-of-lying-politicians/
Thai membership card seeks Cambodian elites
A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/thai-membership-card-seeks-cambodian-elites
Cambodia Stock Exchange to Push Transparency
When the Cambodia Securities Exchange (CSX) was officially launched on Jul. 11 there were no companies listed because of a drive to ensure that everything was above board. “We want to assure full transparency,” says Huot Pum, the deputy director-general of the Securities and Exchange ...
Marwaan Macan-Markar
http://www.ipsnews.net/2011/07/cambodia-stock-exchange-to-push-transparency/
Cambodia Potential
The potential for investment in Cambodia certainly appears to be there, as the country’s location in Indochina affords much opportunity for cross-border trade with Thailand, Laos and Vietnam, says Mark Mobius. Mr Mobius, who oversees more than US $40 billion worth of investments as executive chairman ...
Transport costs remain high
Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...
http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html
Australia Mine Company drills diamond in Cambodia
Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...
Authorities, NGOs Brace For Floods
Provincial authority and humanitarian NGOs are preparing for severe flooding in Kompong Thom province as floodwaters flow south from inundated Preah Vihear province along the Stung Sen River. Leng Vireak, senior manager for disaster response at NGO world Vision, said that the situation was stable ...
Solo act taking its toll
It was difficult enough for Savoeurn Dimang when, until a month ago, he was one of just three teachers running the local primary school in Kors Kralor district’s Samrong Leu village. But now, with one teacher having left for South Korea and the other bowing out ...
Phak Seangly
http://www.phnompenhpost.com/national/solo-act-taking-its-toll
Fisherman files Anti-Corruption Unit complaint
A fisherman who survived a deadly collision after his boat smashed into a towboat off the south coast earlier this year filed a complaint Tuesday with the Anti-Corruption Unit, accusing a Koh Kong Provincial Court judge and his clerk of corruption after the judge allowed ...
Phorn Bopha and Hay Pisey
http://www.cambodiadaily.com/news/fisherman-files-anti-corruption-unit-complaint-54197/
Mango producers struggle to meet Korean standards
It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards
Large-scale Mekong River landfilling draws concern eco-system and water way
Almost every day for the past year about a dozen boats carrying thousands of cubic meters of sand dump their load at Koh Norea, a small tip of land where the Mekong spills into the Bassac river. According to workers at the site, the sand ...
Sorn Sarath
https://cambojanews.com/large-scale-mekong-river-landfilling-draws-concern-eco-system-and-water-way/
Asiatic black bear spotted in Cambodia’s protected areas
The rare and endangered Asiatic black bear (Ursusthibetanus) has been spotted in Cambodia’s protected areas, according to the Ministry of Environment. The bear species is present in several different regions including East, South and Southeast Asia. ...
Nov Sivutha
https://phnompenhpost.com/national/asiatic-black-bear-spotted-cambodias-protected-areas
Thai capital market should cater to Cambodia, Laos, Myanmar
Thailand’s capital market should aim to be a funding base for Cambodia, Laos and Myanmar to gain the full benefit from high growth in the Greater Mekong Subregion and a more integrated region through the Asean Economic Community (AEC), panellists at a Euromoney Conferences forum ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MDk3YzQ2ZTI
ADB gives Kingdom $9.2M loan for solar farm
The Asia Development Bank (ADB) announced yesterday that it will provide a $9.2 million loan to Singapore-based energy provider Sunseap Group for the construction of Cambodia’s first large-scale solar farm. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/adb-gives-kingdom-92m-loan-solar-farm
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back