Oversupply leads to a fall in pork prices
Pig prices in Cambodia have fallen by 18 percent in the past three months due to a massive oversupply of pork in the country, an official at the Cambodian Pig Raisers Association said yesterday.
The reason for the oversupply is twofold: Thailand increased its pig exports
A Tough Ride for S Korean Property Projects
GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5
CSX part of a larger capital market system
The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC).
Lam says one of
Namhong Says S China Sea a Regional Issue
Foreign Affairs Minister Hor Namhong said yesterday that the contentious issue of the South China Sea should not become an international issue, but must be solved among the region’s neighbors.
Speaking to reporters at the Foreign Affairs Ministry alongside visiting Australian Foreign Affairs Minister Bob Carr,
Fifth Irrawaddy dolphin found dead within a year
A Mekong River conservation area head ranger told The Post on Tuesday that a fifth Irrawaddy dolphin has been found dead due to illegal fishing. The adult male, weighing some 104kg and 1.98m long, was discovered floating on its back by river wardens on Sunday
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fifth-irrawaddy-dolphin-found-dead-within-year
Half a million landed homes by 2030: VTrust
The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit
Thmey Thmey Staff
https://cambodianess.com/article/half-a-million-landed-homes-by-2030-vtrust
Rainsy election boycott call a ‘betrayal of King’
Deputy Prime Minister Hor Namhong on Wednesday criticised calls from former Cambodia National Rescue Party (CNRP) leader Sam Rainsy to boycott the July 29 elections as a “betrayal to the King, nation and people”. He also labelled Rainsy “stupid” in comparing himself with the late
Ben Sokhean
https://www.phnompenhpost.com/national/rainsy-election-boycott-call-betrayal-king
EU a key economic partner in Cambodia: Ambassador
The European Union is a key economic partner in Cambodia, with preferential access to European markets a key element of the Kingdom’s robust growth in recent years, said European Union Ambassador George Edgar.
Sum Manet
https://www.khmertimeskh.com/50539696/eu-a-key-economic-partner-in-cambodia-ambassador/
Investment growing but at a slower pace: GMAC
Investment in the garment and footwear sector, one of Cambodia’s economic pillars, is growing at a slightly slower pace in 2019 compared to last year, according to an official from the Garment Manufacturers Association in Cambodia (GMAC). The deceleration is likely the result of the
Chhut Bunthoeun
https://www.khmertimeskh.com/50601248/investment-growing-but-at-a-slower-pace-gmac/
On world rabies day, a call for cooperation
Government officials and public health workers met with about 100 students at the Ministry of Health’s school of nursing in Phnom Penh on Monday to mark World Rabies Day, calling for a united effort to eradicate a virus that kills hundreds of Cambodians each year.
Meghan Tribe
https://www.cambodiadaily.com/news/on-world-rabies-day-a-call-for-cooperation-95814/
To court students, vocational programs get a makeover
One slickly produced television ad tells students “to join the community of minds that craves to learn,” as three teenagers assemble an electrical circuit board. “Better Skills! Better income!” a group of students shout in unison, fists raised.
James Reddick
http://www.khmertimeskh.com/news/16768/to-court-students--vocational-programs-get-a-makeover/
Alcohol a risk for sex workers, study finds
Both Cambodian women engaging in sex work and their male clients engage in unhealthy alcohol use, according to the findings of a soon-to-be-published study.
Jack Davies and Chhay Channyda
http://www.phnompenhpost.com/national/alcohol-risk-sex-workers-study-finds
Health ministry warns of a spike in dengue
Health Ministry officials are warning that this year will see an increased rate of dengue fever across the country, as the cyclical virus has already shown higher than usual rates of infection, with Mondolkiri province seeing an acute spike in cases.
Ouch Sony
https://www.cambodiadaily.com/news/health-ministry-warns-of-a-spike-in-dengue-114967/
Unions will negotiate for a $180 minimum wage
A group of 17 union leaders will demand $179.60 when they sit down for the latest round of negotiations this week to determine the minimum wage in the garment sector, which employs more than 600,000 Cambodians. The monthly minimum wage is currently $140. The new figure
Ben Sokhean
https://www.cambodiadaily.com/news/unions-will-negotiate-180-minimum-wage-117581/
New insurance product gives rice farmers a break
Farmers hit by drought in Battambang this year are already benefitting from a new crop insurance product for rice farmers introduced by Forte Insurance, with at least 60 families in two districts of the country’s main rice-growing province collecting payments so far.
May Kunmakara
http://www.khmertimeskh.com/news/16797/new-insurance-product-gives-rice-farmers-a-break/
A forest disappears in the scramble for land
In the latest twist in a long-running dispute over a protected community forest in Battambang province, villagers disgusted by rampant land grabbing have begun scrambling for a piece of the action.
James Reddick and Pav Suy
http://www.khmertimeskh.com/news/17417/a-forest-disappears-in-the-scramble-for-land/
Mekong locals seek a voice on Don Sahong
More than 6,400 residents of Thailand, Vietnam, and Cambodia have signed and thumb-printed a statement on the Don Sahong Dam project, airing concerns ranging from the river’s diminishing fish stocks to the lack of transparency of the Mekong River Commission. The statement, presented last week
Aisha Down and Chea Vannak
http://www.khmertimeskh.com/news/17834/mekong-locals-seek-a-voice-on-don-sahong/
Falling rice price taking a toll on exporters
The falling price of rice in Asia due to the slowing global economy and intensifying regional competition is taking a toll on Cambodian exporters and farmers even though exports jumped more than 20 percent last month compared to January last year, executives said.
Sum Manet
http://www.khmertimeskh.com/news/21838/falling-rice-price-taking-a-toll-on-exporters/
A New Species of ant found in Cambodia
A new species of ant has been discovered in Cambodia by researchers from Japan. Its name is Crematogaster indosinensis, and it is described in Annals of the Entomological Society of America.
Entomology Today
https://entomologytoday.org/2016/07/21/a-new-species-of-ant-found-in-cambodia/
Investment from Vietnam hits a dry patch: CDC
Vietnamese investors shied away from the Cambodian market during the first half of the year as the Council for the Development of Cambodia (CDC) failed to register a single qualified investment project (QIP) from Vietnam during that period for the first time in its 22-year
Hor Kimsay
http://www.phnompenhpost.com/business/investment-vietnam-hits-dry-patch-cdc
