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Official Says Electricity Prices Set to Increases

State power company Electricite du Cambodge (EDC) plans to increase the price of electricity to make up for a drop in revenue this year, according to a Ministry of Industry, Mines and Energy official. “This year, oil prices went up, which meant the EDC did not ...

Phnom Penh court reopens investigation on land case

A verdict in the land encroachment case against a prominent businesswoman was not delivered as expected yesterday, after a judge ordered the case be re-investigated due to a lack of evidence. Phnom Penh Municipal Court tried Chhin Sokountheary, director of Layimex Holdings Group, in absentia on ...

http://www.phnompenhpost.com/National/phnom-penh-court-reopens-investigation-on-land-case.html

Cambodia's listed water supplier records revenue up 25 pct last year

The listed Phnom Penh Water Supply Authority (PPWSA) earned total revenues of 36.9 million U.S. dollars in 2012, up 25 percent year-on-year, according to the firm’s unaudited financial statement on Wednesday. The report said that the firm’s net income after tax was 8.56 million U.S. dollars ...

http://news.xinhuanet.com/english/business/2013-02/20/c_132181099.htm

New outsourcing players challenge export giants

Of course the BRIC countries are far from being the only emerging market suppliers for the global apparel sector – and a knot of competitors such as Bangladesh and Vietnam have long been vying for business. But there are smaller players (in terms of the ...

http://www.just-style.com/management-topic/new-outsourcing-players-challenge-export-giants_id115700.aspx

Villagers Demand That Power Company Lower Rates

More than 1,000 families in four communes in Kandal province’s Lvea Em district submitted a petition Sunday to local officials demanding that a private electricity company either lower its rates or the commune switch to cheaper state-run power, villagers and commune chiefs said yesterday. ...

http://www.cambodiadaily.com

US Senator Calls for Suspension of Military Aid to Cambodia

U.S. Senator Lindsey Graham last week submitted a resolution to the U.S. Committee on Foreign Relations requesting the suspension of U.S. military assistance to Cambodia until an independent investigation into July’s national election is conducted. The resolution was submitted on Wednesday to express “the sense of ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/us-senator-calls-for-suspension-of-military-aid-to-cambodia-45672/

Cambodia, China's Guangdong look to boost tourism cooperation

Representatives of 17 tourism- related companies from southeast Guangdong province of China on Friday met with their Cambodian counterparts in order to seek possibilities for tourism cooperation. The Chinese delegation was led by Zhao Yufang, Vice-Governor of Guangdong Province, while Cambodian side was headed by Pak ...

ECNS News Staff
http://www.ecns.cn/2013/12-14/92619.shtml

Cambodian garment export earns 5.53 bln USD in 2013

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm

Cambodia’s aviation sector rapidly growing: report

Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report

Brands, international unions press Cambodian government on labor issues

Representatives from some of the world’s largest fashion brands and the leader of one of the world’s biggest union organizations met this week with Cambodian officials and local clothing manufacturers to demand better treatment and improve workplace safety for the country’s estimated 600,000 garment workers. Garment ...

Robert Carmichael
http://www.voanews.com/content/brands-international-unions-press-government-on-labor-issues/1923596.html

Cable shows cartel’s reach

A sex-trafficking network that included “high-ranking” government officials and had infiltrated Cambodian law enforcement agencies and NGOs for years worked to cover up Vietnamese sex rings and collect payoffs from illegal prostitution establishments in Phnom Penh. However, four years after a court finally convicted the police ...

Daniel Pye, Taing Vida and Alice Cuddy
http://www.phnompenhpost.com/national/cable-shows-cartels-reach

Government reclassified state’s properties

The government has reclassified 34,000 square meters of state public land to state private land, clearing the way for the ministries and other authorities in control to sell or rent the properties for private development. ...

Pav Suy
http://www.khmertimeskh.com/news/18223/government-reclassified-state---s-properties/

Clinton Says Asean Is Key to US Foreign Policy

U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

New local carrier to launch flights

A new local airline is applying to fly in Cambodia, according to aviation officials, at a time when the market is monopolised by national flag carrier Cambodia Angkor Air and a handful of carriers offering chartered routes. Royal Spirit Airlines last Friday met with the State ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/new-local-carrier-launch-flights

US willing to further strengthen relations with Cambodia

Scot Marciel, visiting Principal Deputy Assistant to the U.S. Secretary of State for East Asian and Pacific Affairs met with Deputy Prime Minister Hor Namhong, Minister of Foreign Affairs of Cambodia yesterday with an aim to further strengthen relations between the two countries, Koy Kuong, ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDkxYjZjMmJiMjh

Garment shipments jump 30% on low prices

Cambodia’s garment and textile exports grew by more than 30 per cent year-on-year through October, according to Ministry of Commerce data. The exports increased by nearly US$880 million, reaching $3.47 billion, the data showed ...

http://www.phnompenhpost.com/index.php/2011112252877/Business/garment-shipments-jump-30-on-low-prices.html

US Cables Say Sesan River Had No Warning System for Floods

WikiLeaks has recently released US diplomatic cables that show that the there was no warning system along the Sesan river in Ratanakkiri province for floods in 2007. There have been many complaints by the communities along the river of the floods caused by dams along ...

Dispatches Reveal Cambodia Helped North Korean Refugees

US diplomatic cables released by WikiLeaks show that Cambodia assisted refugees escaping from North Korea. A North Korean was supposed to be deported to Vietnam and was claimed to have done such but it has now been proven otherwise. There have been other cases of ...

Coastal airport project gets nod

The Chinese developer behind a massive $3.8 billion tourism project being built in Koh Kong province has confirmed that it is ready to begin construction on a new international airport to serve the coastal resort and company’s related developments, though declined to reveal the investment ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/coastal-airport-project-gets-nod

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