City Hall May Cut Airport Expansion Project in Half
The 30,000-square-meter expansion of Phnom Penh International Airport may be halved, savIng some of the 262 families livIng on adjacent land from eviction, a government official said yesterday. Despite the possible change In plans, a majority of families could still face eviction because they live ...
Korean tourists fuel demand for dog meat in Cambodia
Riding a motorcycle with a cage, Pov Nat scours rural areas for dogs. He pays between 30,000 ($7.38) and 80,000 riel a head and sells the animals to a butcher in Siem Reap. The 21-year-old native of Kampong Cham province began buying dogs after coming to ...
http://view.koreaherald.com/kh/view.php?ud=20120826000233&cpv=0
TV5MONDE extends presence in Mongolia and Cambodia
French-language network TV5MONDE has renewed its carriage agreement with Mongolian power player Sansar Cable LLC. The channel will also be available in Cambodia in all of pay-TV newcomer OneTV’s packages Via Cambodia’s OneTV, TV5MONDE will be available to an estimated 70% of Cambodia’s population, or 8.3 ...
http://www.onscreenasia.com/article/tv5monde-extends-presence-in-mongolia-and-cambodia/10690
Tiger Airway's 1st Flight Lands in Phnom Penh
Tiger Airways inaugural flight from Singapore to Cambodia touched down at Phnom Penh international Airport yesterday morning, making the low-cost carrier the 21st airline to offer daily flights to the capital. Mao Havanall, secretary of state at the State Secretariat of Civil Aviation, said yesterday ...
Trade Reached $11.17B In First Ten Months
Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...
Government Revenues Up 27 Percent in First Nine Months
The government collected more than $1.4 billion in revenues during the first nine months of the year, a 27 percent increase over the same period last year, figures released Thursday by the Ministry of Economy and Finance show. According to the Table of Government Financial Operations ...
http://www.cambodiadaily.com/business/government-revenues-up-27-percent-in-first-nine-months-6508/
Cargos via Cambodia's city port up 17% in 2012
Cargos entering and leaving through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 17 percent in 2012 thanks to increasing import and export activities, a senior port official said Thursday. The state-owned port had received 95,333 twenty-foot-equivalent units, or standard-sized containers (TEUs) last year, ...
http://news.xinhuanet.com/english/business/2013-01/03/c_132077675.htm
Cambodia, UAE set to boost cooperation in economics, tourism
Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. in the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...
http://news.xinhuanet.com/english/world/2013-01/23/c_132123114.htm
Few S'pore-owned businesses in Cambodia: business owners
PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. in 2011, Singapore invested close ...
http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html
Cambodia's economy grows by 7.3% in 2012: PM
Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...
http://news.xinhuanet.com/english/business/2013-02/20/c_132180432.htm
Svay Rieng Court Questions Victims in SEZ Shooting Case
The Svay Rieng Provincial Court on Friday questioned three female factory workers who were shot, allegedly by Bavet City Governor Chhouk Bundith, during a protest inside a special economic zone (SEZ) in February, the plaintiffs said. More than 20 union leaders and labor activists also gathered ...
Hello Mobile Posts 27% Growth in Q1 Revenues
Malaysia-based telecommunications firm Axiata Group said yesterday that revenues at its Hello mobile phone operator in Cambodia grew by 27.3 percent to $2.21 million at the end of the first quarter, compared to the same period in 2011. ...
Police Search Home of Luxury Wood Trader in Kratie
The Kratie Provincial Court yesterday issued a search warrant for the home of Chum Vuthy, a man who allegedly trades in luxury wood, in Kratie City, provincial police said. Mr. Vuthy had been transporting a load of illegal lumber from Stung Treng City to Vietnam and ...
Cambodia, Japan Trade Volume Reaches $513 Million In 2011
“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...
City to co-operate in all fields with Cambodia
HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...
Burger King Says No Plans to Open in Country
U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...
Global insurers expanding in Southeast Asia turn to Cambodia
Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...
http://uk.reuters.com/article/2012/07/04/cambodia-insurance-pru-manulife-idUKL3E8I32H220120704
China to lend hand in battle with killer virus
China yesterday pledged to provide medical experts and funding to assist the investigation and clinical management of a virus that has killed more than 60 Cambodian children. Eang Sophalleth, personal spokesman for Prime Minister Hun Sen, told reporters the pledge had been made during a meeting ...
As US Economy Slows, Investment in Asean Nations Necessary
Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...
Cambodian population will increase to 18 million in 2030
In a letter to mark the world population day, Prime MInister Hun Sen on Thursday said: “Cambodian population will grow to 18 million In 2030 and 21 million In 2050. Currently Cambodian people are In 1.5 per cent birth rate per year and on average a Cambodian woman delivered 3 babies ...