Hun Sen Warns of Labor Shortage, Praises Japanese Investment
Cambodia is facing a grave labor shortage due to the large number of workers seeking jobs in Thailand, Prime Minister Hun Sen said yesterday, urging employers to help reduce illegal migration by improving working conditions at home. Mr. Hun Sen also applauded growing Japanese investment in ...
National Bank Constructing New Office Building
The National Bank of Cambodia (NBC) is constructing a spacious new office building in Phnom Penh’s Sen Sok district, though officials at the central bank yesterday insisted there were no plans in store to vacate their current, storied headquarters on Norodom Boulevard. “The headquarters will remain where it is ...
Siem Reap Theft Fears Rise
Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...
http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html
Cedac to Export Rice to Germany Next Month
The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...
Chinese factory ordeal over for Khmer quartet
Four Cambodian women working at a garment factory in Dongguan, China returned home yesterday after a nine-month ordeal during which they found themselves sick, overworked and trapped without passports in a foreign country. Yin Sophy, 27, Sok Kunthea, 25, Non Sopheap, 21, and Yin Sophea, 20, ...
Prime Minister to Attend G-20 Summit Next Week
Prime Minister Hun Sen, in his capacity as Asean chairman, will lead a delegation to Mexico on Monday and Tuesday to attend the Group of 20 summit, the Ministry of Foreign Affairs said. Foreign Minister Hor Namhong will join Mr. Hun Sen at the summit, which ...
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 ...
Revenues for S'Ville Port Hit $14M in Five Months
Revenues generated at the Sihanoukville Autonomous Port increased 13.6 percent to $14 million in the first five months of 2012, compared to the same period last year, a port official said yesterday. Lou Kimchhun, director-general of the port, said that revenues came from a 9 percent ...
Hun Sen says all villages to have electricity by 2020
Prime Minister Hun Sen said Wednesday that all Cambodian villages would have electricity by 2020 while 70 percent of households would have power by 2030. Hun Sen said average per capita consumption of electricity rose at an annual rate of seven percent over the past ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjIwMmU0N2I1NTF
Garment factory worker strikes increased threefold in 2012
Strikes staged by garment and footwear factory workers more than tripled in 2012 compared to 2011, with more than 100,000 workers participating in at least one strike, an official of the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. “Historically, prior to any elections, we will see a ...
Cambodia's trade with U.S. down 2 pct in first 2 months
The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...
http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm
Direct flights from Ha Noi to Cambodia
Travelers bound for Cambodia can now take direct flights from Ha Noi to both Phnom Penh and Siem Reap via new routes launched by Cambodia Angkor Air. Along with the official opening of a representative office in Ha Noi late last month, Angkor Air ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDEzMWUxZmJiOTh
Vendors: food prices rise before Khmer New Year
The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...
Private side can spark investment
The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...
http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html
China congratulates Cambodian PM Hun Sen on re-election
China on Tuesday congratulated Cambodian Prime Minister Hun Sen on his re-election. Foreign Ministry spokesman Hong Lei also extended congratulations on the opening of the new Cambodian National Assembly at a regular press conference. He [Hong Lei] added that China is willing to strengthen friendly cooperation ...
Global Times News Staff
http://www.globaltimes.cn/content/813598.shtml#.UkOT4NKBmN8
UD Trucks to arrive in Kingdom
Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...
Chhim Sreyneang
http://www.phnompenhpost.com/business/ud-trucks-arrive-kingdom
Hun Sen says investment in Cambodia increases sharply
Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM
Cambodia flood death toll climbs to 168
The Mekong River and flash floods have claimed at least 168 lives in Cambodia and cost the country about 500 million U.S. dollars due to the damages to rice paddy and roads, Keo Vy, spokesman for the National Committee for Disaster Management (NCDM), said Tuesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/22/c_132819335.htm
Deal sends milled rice to Chinese
State-owned Green Trade Company has signed an agreement with China’s Shandong Meijing Rice Co Ltd to export 100,000 tonnes of Cambodia’s milled rice. The deal was signed between Chinese and Cambodian officials on September 4 at the China-ASEAN summit in the southwest Chinese city of Nanning, ...
May Kunmakara
http://www.phnompenhpost.com/business/deal-sends-milled-rice-chinese
French give $26 million for irrigation
The French Agency for Development will provide $26 million in loans to the Cambodian government to rehabilitate irrigation systems across three provinces in the northwest. Speaking at the signing ceremony for the deal yesterday, Aun Pornmoniroth, the Minister of Economy and Finance, said the new systems ...
Chan Muy Hong
http://www.phnompenhpost.com/business/french-give-26-million-irrigation