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Call for training participants: SMEs and informal economies in Siem Reap

Open Development Cambodia Organization (ODC) is pleased to announce the opening of registration for a full-day training session scheduled for 6 June 2024 in Siem Reap city, Siem Reap province. The training marks the implementation of the project “Strengthening Informal Economies and SMEs in Cambodia ...

Open Development Cambodia Organization

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Electricity infrastructure

Rural energy cooperative in Cambodia. Photo by Nomade Moderne, taken on 23 March 2006. Licensed under CC BY-NC-ND 2.0The electricity distributed in Cambodia is partly generated within the country and partly imported. For many years, local generation was on a relatively small scale, and was ...

Security for Demonstration Brings Parts of City to Standstill

Parts of Phnom Penh came to a standstill Sunday as security forces closed off major and minor roads with razor wire and metal barriers and at one point even denied an ambulance access to a local children’s hospital. The measures were put in place for the ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/elections/security-for-demonstration-brings-parts-of-city-to-standstill-42383/

ODC’s​ second​ GIS​ workshop:​ Data​ collection​ and​ application​ of​ GIS

In​ the​ previous​ blogpost​ we​ kicked​ off​ the​ first​ series​ of​ QGIS​ workshop​ in​ which​ we​ highlighted​ the​ activities​ and​ results​ of​ the​ successful​ 24​ participants​ which​ have​ been​ attended​ and​ awarded​ with​ a​ certificate​ during​ the​ three-day​ workshop.​ After​ we​ introduced​ the​ principle​ of​ ...

Renewable energy production

Renewable sources of energy include biofuels, solar, wind, tidal and geothermal energy. Fossil fuels such as petroleum or coal are not renewable. ...

Anco report flawed: auditor

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. The report was used ...

http://www.phnompenhpost.com/index.php/2012030954952/National-news/anco-report-flawed-auditor.html

Job security low as unemployment drops

The International Labour Organisation (ILO) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...

http://www.phnompenhpost.com/index.php/2012080357786/Business/job-security-low-as-unemployment-drops.html

Move to lift energy efficiency in Cambodia

A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...

http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html

Graduates fear career jobs woe

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

http://www.phnompenhpost.com/2013021261305/Business/graduates-fear-career-jobs-woe.html

Eating locally

The Cambodian governemnt is lobbying the tourism sector to focus more on using local foods, which it says could generate millions of dollars in revenue a year. But hotels and restaurants say quality standards and supplies of local products are often not adequate and businesses ...

Signs point to more diverse investment projects in Cambodia

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

http://etmcambodia.com

Trucking Companies Plagued by High Costs, Informal Payments

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

http://www.cambodiadaily.com/business/trucking-companies-plagued-by-high-costs-informal-payments-3716/

Indirect trade with India unhealthy

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Tax revenue sees a 27 per cent jump

The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...

http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html

Singapore PM hopeful for Asean

Singapore’s Prime Minister Lee Hsien Loong says much work is still needed to establish the ASEAN Economic Community (AEC), a single market for trade and development in 2015. Lee, head of the most advanced economy in the 10-member Association of Southeast Asian Nations, or ASEAN, ...

Kay Kimsong
http://www.phnompenhpost.com/business/singapore-pm-hopeful-asean

Businessmen Charged Over Mining Deal Fraud

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Eang Mengleng and Simon Lewis
http://www.cambodiadaily.com/news/businessmen-charged-over-mining-deal-fraud-41261/

Gov’t pledges to cut red tape

In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday. Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape

High hopes for fishing season

The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...

Chan Muy Hong
http://www.phnompenhpost.com/business/high-hopes-fishing-season

Increased residential, office and retail demand fueling rise in construction imports

Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...

Sum Manet
http://www.phnompenhpost.com/real-estate/increased-residential-office-and-retail-demand-fueling-rise-construction-imports

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