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Cambodia’s trade deficit widens to $7.66 billion

Cambodia’s trade deficit with its global trading partners has continued to widen in 2019, with $7.66 billion more  imports than exports, according to a government report, increasing from $4.83 billion in 2018 and representing a 31.6 percent rise in one year. ...

Chea Vannak
https://www.khmertimeskh.com/50698301/cambodias-trade-deficit-widens-to-7-66-billion

Halim in Cambodia RM2bil agriculture joint venture

PHNOM PENH: Malaysia expects to minimise its dependence on imports of animal feed and lessen the impact of the global food crisis by 2020 under the reciprocal investment policy, Agriculture and Agro-based Minister Datuk Seri Noh Omar said. One such initiative under the policy was the ...

http://biz.thestar.com.my/news/story.asp?file=/2011/10/17/business/9710198&sec=business

Drought hits rice exports

Rice exports this year had been flat compared to last year because of the many challenges growers were facing, insiders said this week. The data shows exports were no better than last year for the same period, as exports for the first eight months of ...

http://www.phnompenhpost.com/index.php/2012082158176/Business/drought-hits-rice-exports.html

Cambodia gains 53 factories this year

The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...

http://www.phnompenhpost.com/index.php/2012081758134/Business/cambodia-gains-53-factories-this-year.html

US announces more Covid aid

US ambassador to Cambodia Patrick Murphy said the Kingdom’s Ministry of Health has proven itself to be remarkably well-prepared for its mission to prevent the spread of Covid-19 since the earliest days of the pandemic, making it one of the leading countries in the region ...

Mom Kunthear
https://www.phnompenhpost.com/national/us-announces-more-covid-aid

Kampot governor lauds battlefield transformed into banana plantation

Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/kampot-governor-lauds-battlefield-transformed-banana-plantation

Cambodia needs about US$ 200 million annually for climate change adaptations

According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...

http://thesoutheastasiaweekly.com/

False alarms trigger fainting

Three false alarms at a garment factory triggered another mass fainting incident yesterday morning, sending 59 female staff, including one security guard, to hospitals and clinics, according to a statement from the Ministry of Labour. The first alarm went off  about 7:40am in a sewing section, ...

http://www.phnompenhpost.com/index.php/2011120953262/National-news/false-alarms-trigger-fainting.html

Beer makers binge on ads

Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...

http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html

Cambodia's Developers Again Aim at Stars

PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...

http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj

More than 40 faint as firm denies exit

More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...

http://www.phnompenhpost.com/index.php/2012030754901/National-news/more-than-40-faint-as-firm-denies-exit.html

Labour Ministry releases mass fainting figures

Figures released by the Ministry of Labor on Friday showed that 1,578 garment factory workers have fainted in workplace incidents since the beginning of this year. Pok Vanthat, deputy director of the Labor Ministry’s Medical Unit and chief of its research committee, said that his committee ...

Boeng Kak families sue - and sued by - government officials

Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...

Sand dredging deja-vu

They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...

http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html

Milled rice exports fall in January

Some of Cambodia’s biggest exporters have experienced a sizeable decline in milled-rice shipments this month, with one insider putting the number as high as 40 per cent year-on-year. The waning figure stands in stark contrast to last year’s milled-rice export numbers, which increased about 22 per ...

http://www.phnompenhpost.com/index.php/2012012554123/Business/milled-rice-exports-drop-in-january.html

A Female Entrepreneur Remains Strong as Silk

Seng Takakneary started her business in a one-room shop with two sewing machines in 2004. Today, Ms. Takakneary’s Sentosa Silk employs about 100 staff in Phnom Penh who produce a range of fine Cambodian silk items, including pillows, curtains, bedspreads, dresses, shirts and bags. Since ...

http://

Kampot dredging escalates

Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...

http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html

Integration of Southeast Asian Stock Exchanges Hits Snag

Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...

http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html

Research differentiates investing in stock exchanges from gambling at the casino

One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...

http://www.phnompenhpost.com/index.php/Special-Reports/research-differentiates-investing-in-stock-exchanges-from-gambling-at-the-casino.html

Boeng Kak Protesters Deny Role as SRP Activists

On Friday morning, five Boeng Kak land dispute activists marched into the Sras Chak commune office in Phnom Penh and demanded that their names be removed from a registration list of election monitors working for the Sam Rainsy Party. The activists said they had been listed ...

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