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ADB presents progress on its flood rehabilitation project

The Asian Development Bank (ADB) is pushing forward with the US$67 million flood reconstruction project aimed at rebuilding roads,bridges and irrigation systems hit by the devastating high waters of 2011, improving the nation’s infrastructure and providing livelihoods to people in six severely affected provinces, according ...

http://etmcambodia.com

Number of outbound travelers jumps

The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...

http://etmcambodia.com

Hun Sen Again Orders Stop to Illegal Logging

Prime Minister Hun Sen has again ordered local officials to step up their efforts to stop illegal timber being cut down and transported from Cambodia’s forest’s in response to an apparent rise in forest crimes. Thousands of cubic meters of luxury wood, as well as ...

http://www.cambodiadaily.com/

Pakistan-Cambodia ties set to strengthen

PAKISTAN is looking to further improve its trade, investment and tourism ties with Cambodia, officials said. Data from the Embassy of Pakistan shows that bilateral trade between the two countries has been good in recent years. In 2011, the total value of two-way trade reached $16 ...

http://www.phnompenhpost.com/2012121760307/Business/pakistan-cambodia-ties-set-to-strengthen.html

Trade with Vietnam climbs

Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year. The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from ...

http://www.phnompenhpost.com/index.php/2012050355944/Business/trade-with-vietnam-climbs.html

Milled rice exports gaining traction

The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...

http://www.phnompenhpost.com/index.php/2012042455728/Business/milled-rice-exports-gaining-traction.html

Cambodia's Luxury Wood Trade to China Revealed

Thousands of cubic meters of luxury wood is being shipped from Cambodia to China each year, according to official Chinese import documents shown to The Cambodia Daily. According to the data, some 36,000 cubic meters of logs under the “rosewood” category have been recorded entering China ...

Vietnam visitors drive tourist stats

International tourist arrivals to Cambodia increased nearly 28 per cent during the first quarter of the year compared with the corresponding period of 2011, Ministry of Tourism data shows. The country drew more than 995,000 tourists from abroad during the three-month period, up from 778,467 a year earlier, ...

http://www.phnompenhpost.com/index.php/2012043055860/Business/vietnam-visitors-drive-tourism-stats.html

Pirated computer software cost Cambodia $50m

Pirated computer software accounted for about $50 million in losses to the Cambodian economy every year, an industry expert said yesterday. According to Pily Wong, president of the ICT Business Association, about 95 per cent of the computer software used in Cambodia is counterfeit, crippling the ...

http://www.phnompenhpost.com/2013020161114/Business/pirated-computer-software-cost-cambodia-50-million.html

Rice exports already surpass last year’s total

Cambodia exported about 31,000 tonnes of rice in July, a 40 per cent seasonal increase from the average of 22,000 tonnes for first five months of this year. Official data show that Cambodia exported 207,000 tonnes from January through July, an amount surpassing the 205,000 tonnes ...

http://www.phnompenhpost.com/business/rice-exports-already-surpass-last-year%E2%80%99s-total

Covering Cambodia

With the number of cars on Cambodia’s roads growing at a consistent pace, high-end automotive distributors are jockeying for a foothold in the market, but they are not the only ones who stand to benefit from Cambodia’s splurge on cars. Working on the sidelines, the ...

http://sea-globe.com/covering-cambodia/

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

Cambodia’s Beauty Industry Blossoming

The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...

http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html

Cambodia suffers fewer natural disasters than Vietnam or Thailand

Cambodia suffered far fewer natural disasters than either Vietnam or Thailand over the last decade but twice as many as Laos, the World Bank said Monday. Data published in the annual World Development Report also showed that the incidence of natural hazards in Cambodia in between ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NWIxNzIwYjE3MGZ

Insurance investment in construction and property see year-on-year increases

Cambodia’s insurance business is continuing to make strides, with the total value of engineering insurance reaching approximately $4 million in 2013, a significant increase compared to 2012. According to data recently released by the Insurance Association of Cambodia, the value of engineering insurance purchased in 2013 ...

Sum Manet
http://www.phnompenhpost.com/real-estate/insurance-investment-construction-and-property-see-year-year-increases

Smartphone sales slowing

After years of ever-brisker sales, the smartphone market may be plateauing. Cambodians spent more than $300 million on smartphones last year, a 38 per cent increase from 2012’s figure of about $220 million, according to data from Singapore-based research firm GfK. Some 907,000 smartphones were sold in ...

May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/smartphone-sales-slowing

Smart posts midyear gains

Mobile service provider Smart has outperformed its fellow Axiata Group subsidiaries in the first half of the year, according to the Malaysian conglomerate’s latest financial report. Driven by a 115 per cent increase in data traffic revenue, Axiata’s results show Smart’s gross revenue totalled 270 million ...

Eddie Morton
http://www.phnompenhpost.com/business/smart-posts-midyear-gains

Logging is rampant at Prey Lang, report says

Denmark’s University of Copenhagen has drawn Prey Lang stakeholders’ attention to recently published data which shows increased illegal logging within the Prey Lang Wildlife Sanctuary. ...

Ry Sochan
https://www.phnompenhpost.com/national/logging-rampant-prey-lang-report-says

IMF: Gov’t needs to address long-lasting employment

Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment.​​ ...

Harrison White
https://www.khmertimeskh.com/50722552/imf-govt-needs-to-address-long-lasting-employment/

SL factory strikes to slow Cambodian garment industry

A sharp increase in garment factory strikes this year has raised eyebrows among industry insiders, who say the disputes could lead to a decrease in year-on-year export growth. The Arbitration Council, which hears work-related disputes such as factory strikes, saw claims nearly double during the first ...

http://www.phnompenhpost.com/index.php/2012060756642/Business/strikes-hit-garment-boom.html

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