Hyundai’s Cambodia plans
After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...
http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans
S&P reaffirms rating despite political worry
Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...
Eddie Morton
http://www.phnompenhpost.com/business/sp-reaffirms-rating-despite-political-worry
Cambodia Should Produce More Quality Human Resources, Rather Than Quantity
Cambodia has more labour forces than the jobs created every year. Hence, some students who have just graduated from the university can’t find jobs; they need some time to get jobs. Some young people have to sell their labour abroad. Despite the surplus of labour ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZDRmY2U4YzZmMWQ
Families walk out of land dispute compensation meet
Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...
Aun Pheap
http://www.cambodiadaily.com/news/families-walk-out-of-land-dispute-compensation-meet-56311/
Net keeps telcos on their toes
Pressure is mounting on the Kingdom’s telecommunications industry to stay ahead of the game as the demand for data and mobile internet becomes a top priority for Cambodian consumers. As global smartphone manufacturers saturate Cambodia’s market in an effort to meet the demand for new technology, ...
Eddie Morton
http://www.phnompenhpost.com/post-weekend/net-keeps-telcos-their-toes
A threat to Kingdom’s FDI
Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...
http://www.phnompenhpost.com/index.php/2011101452126/Business/a-threat-to-kingdoms-fdi.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
Last of Boeung Kak Land Titles Handed Out, but Dispute Lingers
When Chhin Theang picked up the long-awaited title to her Boeung Kak home during a low-key ceremony at the Daun Penh district office on Monday, the moment was bittersweet. “We always had hope because we protested. We had to get land titles,” Ms. Theang said ...
WWF calls for action to save Mekong dolphins
Conservation group WWF on Wednesday called for urgent action to prevent the extinction of freshwater dolphins in the Mekong River, including the creation of special conservation zones. Entanglement in fishing nets, low calf survival rates and a steady degradation of the creature’s habitat are threatening ...
Strong growth projected for Cambodia’s banking sector
National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...
May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector
Japanese Investment Grows; Hurdles Remain
Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...
http://www.cambodiadaily.com/business/japanese-investment-grows-hurdles-remain-5144/
Asian tourist numbers up, profits stagnant
The growth in international tourists visiting Cambodia is almost 27 per cent that of the numbers seen during the first six months of 2011, according to tourism officials who are predicting that the growth may be 25 per cent at the end of this year. Visitors ...
Former anti-drug czar’s appeal begins
Disgraced anti-drug czar Moek Dara’s appeal against his life sentence for convictions in 25 separate cases of bribery and masterminding a criminal enterprise began yesterday morning in Phnom Penh. Co-accused, former Ministry of Interior anti-drug police department chief Chea Leng also appeared at the Court of ...
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Cambodia-Japan trade volume up 14% in 3 months
Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...
http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm
Cambodian police clash with thousands of garment workers, 23 hurt
At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...
http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527
Cambodia opposition rallies for second day
Cambodian opposition supporters have taken to the streets for a second day, after thousands of protesters marched to the United Nation’s human rights office in the capital, Phnom Penh. They are urging the world body to intervene in the country’s political deadlock, and opposition leader Sam ...
Aljazeera News Staff
http://www.aljazeera.com/video/asia-pacific/2013/10/cambodia-opposition-rallies-second-day-20131024435425956.html
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice
Turmoil marks year in labour
When unions and the Garment Manufacturers Association in Cambodia (GMAC) signed a memorandum of understanding in October last year, both sides were confident strikes in the Kingdom’s biggest export sector could be kept to a minimum. Not counting December, GMAC has recorded 131 strikes this ...
Shane Worrell
http://www.phnompenhpost.com/national/turmoil-marks-year-labour
Tens of thousands of Cambodia opposition protesters rally against PM Hun Sen's gov't
An estimated 40,000 opposition supporters took to the streets in capital Phnom Penh Sunday afternoon to demand the resignation of Prime Minister Hun Sen and a re-vote following allegations of serious irregularities during the July election. It was the 15th day of the opposition’s daily protests ...
People's Daily Online News Staff
http://english.peopledaily.com.cn/90777/8499072.html