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Families Ordered to Leave Disused Airfield Land in Preah Vihear

More than 25 families living on the site of the long-disused airfield in Preah Vihear province have been ordered to move off the land, a district official said yesterday. “The authorities are forcing residents to leave without compensation and this eviction is illegal because they ...

http://The Cambodia Daily

Rain Provides Small Respite for Families in Koh Kong Drought

Several days of rain have finally brought relief to hundreds of families in Koh Kong province’s Khemara Phoumint City who had been without water for two weeks because the reservoir that provides their supply dried up during hot season. LYP Group, a company owned by ...

http://www.cambodiadaily.com

H&M Says Garments Made in Cambodian Factory Without Approval

Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...

http://www.bloomberg.com/news/2013-05-22/h-m-says-garments-made-in-cambodian-factory-without-approval.html

Hun Sen Tells Landowners in Kep to Obey Tax Law

Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent ...

http://www.cambodiadaily.com/business/hun-sen-tells-landowners-in-kep-to-obey-tax-law-26172/

Cambodia's insurance revenues rise by 30 pct in Q1

Cambodia’s insurance industry earned a total premium of 12 million U.S. dollars in the first three months of 2013, up 30 percent compared with the same period last year, according to the industry’s report released Wednesday. The main sources of the premium were from fire insurance ...

http://news.xinhuanet.com/english/business/2013-05/22/c_132401041.htm

Cambodian insurance industry sees 25 pct growth in first half

Cambodia’s insurance sector earned a total premium of 22 million U.S. dollars in the first six months of the year, up 25 percent from the 17.6 million U.S. dollars it made over the same period last year, the industry’s figures showed Tuesday. The premiums were from ...

http://news.xinhuanet.com/english/business/2013-08/06/c_132607310.htm

SMC to invest 1.5 billion dollars in Cambodia Airlines

Diversified conglomerate San Miguel Corp. (SMC) will invest $1.5 billion for its airline venture in Cambodia, its top executive said yesterday. Cambodia Airlines will have about 20 aircraft in its fleet and add as much as $400 million revenues per year to Philippine Airlines (PAL), said ...

http://www.abs-cbnnews.com/business/05/10/13/smc-invest-15-billion-dollars-cambodia-airlines

Cambodian PM inaugurates rubber processing plant in far northern province

Cambodian Prime Minister Hun Sen on Wednesday inaugurated a rubber processing plant here, saying the factory would contribute to developing the country’s fast-growing rubber sector. The 7 million U.S. dollar plant, invested by Cambodia’s Sopheak Nika Investment Agro-Industry Company, was built on the area of 9 ...

http://news.xinhuanet.com/english/world/2013-05/15/c_132384351.htm

Cambodia posts sharpest increase in rice output among major producers

Cambodia posted the sharpest increase in production among the world’s major rice producers between 2000 and 2010, the Food and Agricultural Organization said in a report released Wednesday. The 2013 edition of the UN agency’s Statistical Yearbook showed that Cambodia was the world’s 12th largest rice ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTRlZjk2Yzg3OTd

FAO sees slight decline in Cambodian rice harvest this year

Cambodia’s rice harvest is forecast to reach 9.1 million tonnes this year, down from an estimated 9.3 million tonnes last year but up from 8.8 million tonnes in 2011, the Food and Agricultural Organization said Thursday. The estimates were contained in the UN agency’s quarterly Crop ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDBmNGIwNDFiZWY

Cambodian opposition chief arrives home after 4 years in exile

Cambodia’s charismatic opposition leader Sam Rainsy arrived in his home country on Friday morning after spending nearly four years abroad in self-imposed exile to avoid an 11-year prison sentence on charges of disinformation and destruction of public property. Hun Sen said his request to the ...

http://news.xinhuanet.com/english/world/2013-07/19/c_132555198.htm

Cambodia's oil import down by 2 pct in 5 months

Cambodia imported 727,500 tons of petroleum in the first five months of the year, a 2 percent drop from 744,700 tons a year earlier, the figures of the Ministry of Commerce showed Saturday. A liter of premium gasoline goes for 1.38 U.S. dollars in Phnom ...

http://www.asean-china-center.org/english/2013-07/22/c_132563149.htm

CPP Says Hun Sen Remains in Role as Prime Minister

Amid swirling rumors that Prime Minister Hun Sen had left the country after his Cambodian People’s Party (CPP) suffered a large loss of National Assembly seats in Sunday’s election, the CPP released a statement Tuesday insisting he was still in Cambodia and on the job. “Recently ...

The Cambodia Daily
http://www.cambodiadaily.com/elections/cpp-says-hun-sen-remains-in-role-as-prime-minister-37408/

PAL sets new closing date for investment in Cambodia Airlines

The deal between national flag carrier Philippine Airlines (PAL) and Royal Group of Cambodia (RCG) to form Cambodia Airlines Co.  Ltd. is set to be completed within the next two months. This was according to Ma. Cecilia Pesayco, assistant corporate secretary of PAL’s parent firm PAL ...

http://www.gmanetwork.com/news/story/321652/economy/business/pal-sets-new-closing-date-for-investment-in-cambodia-airlines

Cambodia dispacthes 11,940 laborers abroad in first 6 months

Cambodia has sent about 11,940 laborers overseas in the first six months of this year, down 29 percent from 16,900 it sent over the same period last year, the figures of the Ministry of Labor showed Tuesday. In January to June period this year, the country ...

http://news.xinhuanet.com/english/world/2013-08/13/c_132627422.htm

Cambodian Opposition Leader Asks King to Intervene in Election Dispute

Cambodia’s opposition leader Sam Rainsy has called on the country’s king to step in to resolve a political crisis over recent disputed polls as time runs out for legal challenges before officials announce final election results this weekend. The Cambodia National Rescue Party (CNRP) president made ...

http://www.rfa.org/english/news/cambodia/elections-09042013175946.html

Two Explosive Devices Found in Phnom Penh Safely Detonated, Removed

Bomb disposal experts conducted a controlled explosion on a device discovered near the National Assembly building in Phnom Penh on Friday morning and safely removed a second explosive device, consisting of three M-79 rifle-launched grenade shells, from a park near the city’s Wat Phnom. The ...

Khuon Narim
http://www.cambodiadaily.com/news/two-explosive-devices-found-in-phnom-penh-safely-detonated-removed-42261/

Cambodia's trade with Japan up 24 pct in 8 months

The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...

Global Times Staff
http://www.globaltimes.cn/content/816224.shtml#.UlS3adKBmN8

Cambodia's garment export surges 24 pct in first 10 months

Garment industry, Cambodia’s largest income maker, reported a 24 percent rise in exports in the first ten months of 2013, according to figures of the country’s Ministry of Commerce Thursday. The figures showed that the country exported garment products in equivalent to 4.76 billion U.S. dollars ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/07/c_132867226.htm

Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank

Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...

Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376

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