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Tech businesses among Cambodia’s fastest-growing sectors

More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the ...

http://www.phnompenhpost.com/index.php/2012031555037/Business/technology-businesses-among-the-kingdoms-fastest-growing-sectors.html

Construction material imports on the increase

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

http://www.phnompenhpost.com/index.php/2011072850681/Business/construction-material-imports-on-the-increase.html

Medical imports decline

THE supply of pharmaceutical products has outstripped demand, causing a decrease in the value of drug imports during the first half of 2011, experts say. An increase in the number of firms importing pharmaceutical products in 2010 led to this year’s drop, Medical Trust Company ...

http://www.phnompenhpost.com/index.php/2011080250792/Business/medical-imports-decline.html

Current accounts in control

Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...

http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html

Elephant found dead in Mondulkiri protected area

An elephant was found dead at a cashew nut plantation in Keo Seima Wildlife Sanctuary in Mondulkiri province’s Keo Seima district on Sunday. Experts initially thought the elephant may have been poisoned by a chemicals used by locals, but later confirmed it had been shot. ...

Long Kimmarita
https://www.phnompenhpost.com/national/elephant-found-dead-mondulkiri-protected-area

No sign of relief for rice industry

As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said yesterday that these small farmers desperate to pay their ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/no-sign-relief-rice-industry

Mekong dams 'a grave threat to river'

Experts are warning that the Lower Mekong Basin may soon face depleting fish stocks, further erosion of the coastline and rising salinity that will make rice fields uncultivable. An extensive, government- funded study by the Vietnam National Mekong Committee estimates the value of fish from ...

Nirmal Ghosh
http://www.straitstimes.com/asia/se-asia/mekong-dams-a-grave-threat-to-river

Kingdom unfazed by Fed rate hike

A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.The Fed’s 25 basis point rate hike ...

Ananth Baliga
http://www.phnompenhpost.com/business/kingdom-unfazed-fed-rate-hike

Waterways may reduce export costs

Cambodia’s waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...

http://www.phnompenhpost.com/2013031261877/Business/waterways-may-reduce-export-costs.html

Phnom Penh villas declining

For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...

http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html

Cambodian milled rice exports rise slightly

Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished. Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of ...

http://www.phnompenhpost.com/2013010360602/Business/cambodian-milled-rice-exports-rise-slightly.html

Cambodian producers struggle to compete with foreign goods

More creative thinking is needed to restore trust in Cambodian products, but intense competition from foreign investment has the potential to stifle local innovation, industry experts say. A survey of more than 600 Cambodian consumers undertaken by Thai Market Research Company Envirosell found that Cambodian consumers ...

http://www.phnompenhpost.com/2013012460960/Business/cambodian-producers-struggle-to-compete-with-foreign-goods.html

Officials in ‘contract’ farms drive

Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...

http://www.phnompenhpost.com/2013052265766/Business/officials-in-contract-farms-drive.html

Demand for quality rice seed development

To enhance Cambodian rice yields, the government should encourage private development of rice-seed production and focus its efforts on farmers’ education and regulations that ensure the quality of seed, industry experts say. The Cambodian Agricultural Research and Development Institute (CARDI), under the direction of the Ministry ...

http://www.phnompenhpost.com/2013042565221/Business/demand-for-quality-rice-seed-development.html

In carbon, gains for agriculture

Paying Cambodian farmers to capture carbon by not removing mulch during planting and harvesting would help support climate change mitigation, reduce soil deterioration and return higher yields in the long term, say leading agriculture experts. Speaking at a conference in Phnom Penh last Friday, Professor Rattan ...

http://www.phnompenhpost.com/2013062466434/Business/in-carbon-gains-for-agriculture.html

AEC lures Thai rice millers to invest in Cambodia

Thai rice millers are lining up to build mills in Cambodia to cash in on imminent regional economic integration, with experts warning Cambodian rice is likely to flood Thailand. An industry source said several millers from Thailand’s central and northeastern regions are preparing to set up ...

Bangkok Post News Staff
http://www.bangkokpost.com/business/news/401535/aec-lures-thai-rice-millers-to-invest-in-cambodia

New clinic performs ‘operation smile’

Thirty-year-old Sam Hoiy never dreamed her son would have the opportunity to live a life without the cleft lip that has always marred his otherwise delicate features. Hoiy’s seven-month-old son is one of more than 100 Cambodians being treated and screened by a team of ...

Mom Kunthear and Amelia Woodside
http://www.phnompenhpost.com/national/new-clinic-performs-%E2%80%98operation-smile%E2%80%99

Lack of construction regulations a concern

Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/

Facing cuts, gov’t pressured to take lead in fight against AIDS

Two of the major donors who have supported Cambodia’s highly successful fight against HIV/AIDS are set to make significant cuts to their funding, putting pressure on the government to increase its own spending, officials and experts said. Both the Global Fund, which has contributed more than ...

Paula Brito
http://www.cambodiadaily.com/news/facing-cuts-govt-pressured-to-take-lead-in-fight-against-aids-72788/

GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/

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