Minister urges fast-track on study for S Reap expressway
The transport minister on February 15 requested a fast-track on a feasibility study of a new expressway connecting Phnom Penh to Siem Reap, to sign a deal for the project by the end of the third quarter. Minister of Public Works and Transport Sun Chanthol ...
Hin Pisei
https://www.phnompenhpost.com/business/minister-urges-fast-track-study-s-reap-expressway
NEC launches advanced system for tracking votes at polling stations
The National Election Committee (NEC) has launched a new system which allows the organisation to track votes at polling stations and keep themselves updated on the election result, as the country heads towards the National Election. ...
Hang Punreay
https://www.khmertimeskh.com/501317624/nec-launches-advanced-system-for-tracking-votes-at-polling-stations/
MEF bullish on medium-term growth amid diversification
The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...
James Whitehead
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/
Mekong basin countries target double-digit tourism growth
Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...
VietNamNet Bridge Staff
http://english.vietnamnet.vn/fms/travel/84268/mekong-basin-countries-target-double-digit-tourism-growth.html
Bavet City garment strikes gain momentum
Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...
Mech Dara
http://www.cambodiadaily.com/news/bavet-city-garment-strikes-gain-momentum-57447/
Global brands join fainting 'phenomenon' inquiry
At least 24 international apparel brands have pledged to immediately investigate the mass fainting “phenomenon” that has hit the Cambodian garment factories that supply them, the International Labour Organisation says. Executives of global brands had pledged to work together “to determine the precise causes of incidences ...
Corn sales fall, profits sought in cassava
Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...
Thai Rice Policy: Wait and See
Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...
Lower Sesan 2 Dam Would be 'Catastrophic'
Hydropower dams planned for the tributaries of the Mekong River, particularly the Lower Sesan 2, will have a “catastrophic” impact on fish stocks throughout the country, according to new research that calls for several planned dams to be reconsidered. Authored by an international group of ...
Water Protests Continue After Failed Talks
Protests continued in Prey Veng City yesterday for the second day as more than 1000 residents demonstrated in front of the provincial offices over increases to water prices instituted by a private company that recently took over the city’s water supply, residents said. The Kim ...
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...
Credit Bureau Begins Operations in Cambodia
The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...
Cambodia Bets Casinos Can Boost Tourism
Cambodian developers are betting that casinos can make the tiny Southeast Asian country a bigger draw for high-spending tourists. The nation of 15 million people has more than 25 casinos, but most are small affairs in rough-and-tumble border towns that cater to hard-core Thai, Chinese and ...
http://online.wsj.com/article/SB10001424052702304750404577317094266574870.html
Banh: ‘Talks ongoing over US cooperation’
Minister of National Defence Tea Banh and new US ambassador to Cambodia Patrick Murphy have agreed to strengthen cooperation between the two countries, particularly militarily. Banh, who is also deputy prime minister, told The Post that during a meeting with Murphy on Wednesday at the ...
Mech Dara
https://www.phnompenhpost.com/national/banh-talks-ongoing-over-us-cooperation
High electricity bills drive Companies to go Green
Cambodian electricity is among the most expensive in the world. High government tariffs mean it can cost as much as 21 cents per kilowatt-hour for electricity in the capital, and more in the provinces where the electrical grid is underdeveloped. The high prices have made ...
Jonathan Cox
http://www.khmertimeskh.com/news/16538/high-electricity-bills-drive-companies-to-go-green/
PM: Gov’t to inject millions to modernise Calmette Hospital
Prime Minister Hun Sen said on Monday that the government will provide $30 million for the state-run Calmette Hospital to continue the construction of a new 12-storey building. Estimated to cost $39.7 million, the building is currently only 17 per cent complete. In a Facebook ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/pm-govt-inject-millions-modernise-calmette-hospital
Cambodia lacks skilled workforce
Against the backdrop of the slight recovery by world economies, especially the US and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ...
http://www.phnompenhpost.com/2013011160733/CEO-Talk/cambodia-lacks-skilled-workforce.html
Kampot pepper yields to increase
Kampot pepper yields are expected to increase significantly in the first harvest since gaining Geographic Indicator status in April 2010, as increased demand from exporters drives up prices. Output this season is expected to surge by 17 per cent, from 23 tonnes in the last harvest ...
http://www.phnompenhpost.com/2013012260898/Business/kampot-pepper-yields-to-increase.html
Singaporean law firm expands to Cambodia
Rajah & Tann, Southeast Asia’s largest law firm, has expanded to Cambodia through a tie-up with local law firm Sok & Heng, which has taken on a new name, RT Sok & Heng Law Office. Rajah & Tann’s deputy managing partner, Patrick Ang, estimates that there ...
http://www.phnompenhpost.com/2013020561178/Business/singaporean-law-firm-expands-to-cambodia.html