China, Cambodia Ink 29 Agreements for Economic and Trade Ties
The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...
Cambodia factory monitoring “needs urgent reform”
The long-running Better Factories Cambodia (BFC) monitoring programme is in urgent need of reform, according to a new report, which suggests the country’s reputation as a standard-bearer for apparel workers’ rights is “wearing thin”. The report, “Monitoring in the Dark – an evaluation of the International Labour ...
http://www.just-style.com/analysis/cambodia-factory-monitoring-needs-urgent-reform_id117121.aspx
Demand for satellite cities low: report
Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...
http://www.phnompenhpost.com/index.php/Real-Estate/demand-for-satellite-cities-low-report.html
Few benefits for Cambodia from Thai rice policy
Against the backdrop of the ongoing Thai government’s rice-pledging policy, Thai rice exports are expected to further decline this year. While it may provide opportunities for Cambodia, the country has not yet benefitted much from the policy, industry experts said. “I think the Thai rice scheme ...
Fake fertiliser cuts crop yields
FARMERS’ crop yields are being undercut by unregistered middlemen selling fake fertiliser, and government efforts to combat this have proved ineffective, according to independent research from the Cambodia Development Resource Institute (CDRI). CDRI’s preliminary research, conducted as part of a larger program investigating agricultural policies for ...
http://www.phnompenhpost.com/2013030161683/Business/fake-fertiliser-cuts-crop-yields.html
Kingdom’s bourse missing some magic
At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062166422/Business/kingdom-s-bourse-missing-some-magic.html
Chinese Firm Joins Crowded Telecom Market
Mobile firm CooTel, a subsidiary of a large Chinese telecommunications corporation, is making plans to enter Cambodia’s oversaturated mobile phone market, officials said. The Ministry of Posts and Telecommunications granted CooTel’s parent company, Xinwei (Cambodia) Telecom Co. Ltd., an operating license in August 2011 and the ...
http://www.cambodiadaily.com/business/chinese-firm-joins-crowded-telecom-market-35465/
Land-Titling Project Denied Minorities of Property Rights
Hundreds of indigenous minorities in Ratanakkiri province are being made worse off by Prime Minister Hun Sen’s land-titling scheme which, rather than securing their property rights, is contributing to the loss of their ancestral lands, according to a new report. The report supports complaints aired since ...
http://www.cambodiadaily.com/news/land-titling-project-denied-minorities-of-property-rights-19528/
Cambodia’s petroleum imports decrease
The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...
http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html
How Cambodia’s secretive timber auctions are fueling the illegal logging trade
In the predawn hours of May 6, a flatbed truck packed with lengths of illegally logged timber sped past a checkpoint in Ratanakkiri province, knocking aside a police car and racing off. Police later tracked down the truck to a house in Banlung City. In the ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/how-cambodias-secretive-timber-auctions-are-fueling-the-illegal-logging-trade-63919/
Factory and union stitch up agreement
More than 300 striking workers at Jie Wei garment factory in the capital’s Dangkor district will return to work today after successful negotiations yesterday settled a labour dispute that led to a three-day strike last week. Factory management agreed to nine of the 11 demands ...
Floods and crisis sink rubber price
Rubber growers and exporters in Cambodia stalled exports as rubber prices continued a sharp decline that companies attributed to flooding in Thailand and economic turmoil in Europe. Heng Sreng, general director of Long Sreng International Co Ltd and owner of Boeung Keth Rubber Plantation in Kampong ...
Relocated and living on the edge
Years after their eviction from central Phnom Penh, families continue to trickle back into the city from their relocation sites on the city’s outskirts. They search for cheap rental rooms instead of houses like the ones they were driven out of, in some cases, by ...
Thai Rice Policy: Wait and See
Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...
PPSP and PAS report strong performances
Phnom Penh Special Economic Zone (PPSP) and Sihanoukville Autonomous Port (PAS) – both public companies listed in Cambodia’s nascent stock market – reported solid growth during the first half of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50522980/ppsp-and-pas-report-strong-performances/
MEF and USAID launch transparency initiative
USAID and the US Treasury Office of Technical Assistance (OTA) have launched a joint initiative with the Ministry of Economy and Finance (MEF) to improve fiscal transparency and accountability in the management of public finances, according to a press release issued yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/mef-and-usaid-launch-transparency-initiative
Rain and storms coming, says committee
More than 1,200 houses and buildings were affected and more than 70 people died or were injured by rainstorms and lightning in the first four months of 2016, according to Keo Vy, Cabinet director and a spokesman for the National Committee for Disaster Management (NCDM). ...
Mom Kunthear
http://www.khmertimeskh.com/news/24486/rain-and-storms-coming--says-committee/
Cambodia and EU committee talks trade
The 9th session of the Cambodia-EU Joint Committee for bilateral cooperation to ensure the smooth operation and effective implement of trade and economic relations as well as the political development between the Kingdom and the EU is underway, and set to run until tomorrow. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/24492/cambodia-and-eu-committee-talks-trade/
Malaysia and Cambodia sign trade MOU
A Memorandum of Understanding (MoU) has been signed between Matrade and the Cambodia Chamber of Commerce, said Malaysian International Trade and Industry minister Datuk Seri Mustapa Mohamed. ...
Victoria Brown
http://www.thestar.com.my/news/nation/2016/08/09/malaysia-cambodia-trade-mou/