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Oil and gas imports fall: ministry

The Kingdom’s petroleum and gas imports fell in the first quarter of this year due to waning consumer and business demands, according to the Ministry of Commerce. However, a large petroleum, lubricants and oil importer said the fall in gas imports was just relative and ...

Sok Chan
http://www.khmertimeskh.com/news/26222/oil-and-gas-imports-fall--ministry/

Pestech extends and ups power contract

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has upgraded and expanded its agreement with Cambodia’s Alex Corporation to develop a transmission line and power substation ...

Post Staff
http://www.phnompenhpost.com/business/pestech-extends-and-ups-power-contract

Mango exporter targets Hungary and Russia

Mong Reththy Group, an agro-industrial conglomerate that invested heavily in the mango sector, is expanding markets for exports to Russia and Hungary. Group president Mong Reththy said the new markets will increase group exports from Cambodia to 5,000 metric tons a year. ...

Chea Vannak
http://www.khmertimeskh.com/news/36314/mango-exporter-targets-hungary-and-russia/

Inflation in 2017 low and ‘manageable’

Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods, with the National Bank of Cambodia (NBC) saying the low inflation rate was a product of sound macroeconomic management. ...

May Kunmakara
http://www.khmertimeskh.com/50100904/inflation-2017-low-manageable/

Transaction costs: Saving time and money

ambodia’s 700,000 garment workers are among those most affected by exchange-rate costs. Their monthly salaries are paid in US dollars, but most of their daily transactions are in riels. Moreover, because they send – on average – about 30 percent of their salaries back to ...

Khmer Times
http://www.khmertimeskh.com/news/36268/transaction-costs--saving-time-and-money/

Fishing and forest crackdown yields results

Nearly 3,000 cases have been detected in a crackdown on fisheries and forest crime in the first nine months of this year.​ The results were in a Ministry of Agriculture and Fishery report published on Friday. ...

Sen David
http://www.khmertimeskh.com/5087200/fishing-forest-crackdown-yields-results/

Cambodia and Vietnam to boost ties

Foreign Affairs Minister Prak Sokhonn yesterday met with newly appointed Vietnamese ambassador to Cambodia Vu Quang Minh to discuss boosting ties between the two nations. ...

Ros Chanveasna
http://www.khmertimeskh.com/50108459/cambodia-vietnam-boost-ties/

Forestry Official, Reporter Arrested and Released

A forestry officer and a reporter from a little-known newspaper were arrested Friday on allegations of attempted extortion and assaulting a man they caught illegally transporting luxury timber, but were released on Saturday, military police officials said yesterday. Seng Chandaron, the chief of Sandan commune Forestry ...

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

Cambodia: Mineral, Metal and Fuel Resources

Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...

http://www.azomining.com/Article.aspx?ArticleID=216

Trend of using phone and internet

In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. and internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...

http://thesoutheastasiaweekly.com/

Revenue from Post office and Telecommunication

Income from post office activity increased to 3.77 million US dollars in 2011 from 2.164 million in 2010 and that money is small in size but it showed that Cambodian people still need the post ways for sending their goods and other materials. At the same time, revenue from mobile phone companies and desk ...

http://thesoutheastasiaweekly.com/

Remittance Contributes Social And Economic Development

Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...

http://thesoutheastasiaweekly.com/

Casinos protect border line and sovereignty

Samdech Prime Minister Hun Sen on Thursday said: Cambodia has permitted the construction and opening of casinos at the border areas with neighboring countries for “secret strategy” to protect the country’s territory. He replied to opposition party who said gambling dens were harmful to the ...

Kenya wants flights and rice imports

The Ambassador of African country Kenya, Richard Titus Ekai, told Deputy Prime Minister Sok An on Wednesday that he would like to see direct flights between Phnom Penh and Nairobi. Sok An met Kenyan Ambassador Ekai at his office to discuss the initiative regarding direct flights ...

http://www.phnompenhpost.com/index.php/2012092858983/Business/phnom-penh-nairobi-connection-to-boost-the-economy.html

Largesse and threats ahead of election

Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...

http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html

Govt and UN to save coasts

The Fisheries Administration and the United Nations’ Food and Agriculture Organisation (FAO) on Friday officially launched a program to protect Cambodia’s coastline from over-fishing, erosion and other damage to coastal environments and livelihoods. Since the beginning of the year, the program has been training local officials ...

http://www.phnompenhpost.com/2013062466440/National/govt-and-un-to-save-coasts.html

MFI and insurance firm partner up

Chamroeun Microfinance Limited and Prevoir Kampuchea Micro Life Insurance PLC (PKMI) on Wednesday joined efforts to provide insurance to those on lower incomes. The partnership will provide health insurance to its clients at about $0.51 per month for adults and $0.26 per month for those aged between ...

Kang Sothear
http://www.cambodiadaily.com/business/mfi-and-insurance-firm-partner-up-61231/

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