Felda Global buying more land, aims to emerge world leader in palm oil industry
Felda Global Ventures Holdings Bhd (FGVH), the world’s third largest palm oil company by hectarage, plans to buy 150,000 ha estate land over five years to realise its cherished vision to emerge as the world leader in the palm oil industry On FGVH’s cross-border expansion plans, ...
http://biz.thestar.com.my/news/story.asp?file=/2012/8/24/business/11904076&sec=business
Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent
Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...
Wal-Mart and H&M Pay $200,000 to Cambodian Workers in Historic Settlement
When tales emerge from the retail supply chain, they’re usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), ...
Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%
Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...
Thousands of workers in Cambodia march for pay rise on Int'l Labor Day
About 5,000 Cambodian workers took to the street on Wednesday to mark the International Labor Day, calling for pay rise, better labor conditions and decrease in petrol prices, a union representative said. Marchers, mostly garment workers, held banners and walked from the Freedom Park near the ...
http://news.xinhuanet.com/english/world/2013-05/01/c_132352087.htm
Cambodian govt warns foreign diplomats not to interfer in internal affairs over election dispute
The Cambodian government on Monday issued a statement, warning foreign diplomats against interfering in the country’s internal affairs over the contested July 28 election that handed victory to Prime Minister Hun Sen’s ruling party. “Cambodia does not need to resort to laws from other countries. ...
Global Times News Staff
http://www.globaltimes.cn/content/813413.shtml#.UkDwI9KBmN8
China provides 33 mln USD in free-interest loan to Cambodia for development projects
The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/14/c_132888622.htm
Cambodia's inflation stands at 2.9 pct in first half of 2013: central bank
Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/28/c_132670860.htm
Cambodian defense minister warns opposition against violating law in anti-PM Hun Sen protests
Cambodian Deputy Prime Minister and Defense Minister Tea Banh on Thursday warned main opposition against unlawful acts in its daily protests against Prime Minister Hun Sen’s government. “In the latest development, the opposition’s protesters are demanding the legitimate Prime Minister (Hun Sen) of the government to ...
Global Times News Staff
http://www.globaltimes.cn/content/833032.shtml#.UrOoG9IW2ls
Greens will try to force Senate vote on plans to settle refugees in Cambodia
The Greens will attempt to force a vote in the Senate on plans to resettle in Cambodia refugees whose claims for protection are recognised on Nauru and is challenging Labor to block any deal. The party’s immigration spokesperson, Sarah Hanson-Young, is confident any deal with the ...
Cambodia sees 1.41 bln USD trade deficit in 1st half of 2014
Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-07/15/c_133484829.htm
BFC’s 31st Synthesis Report finds increases and declines in garment sector conditions
Compliance with the Cambodian labour law showed both advances and declines in key areas including wages, fire safety, child labor, and worker health and safety according to the latest Synthesis Report released by the International Labour Organization’s Better Factories Cambodia program (BFC). ...
Better Factories Cambodia
Prime Minister Hun Sen: Cambodia to have direct flight from Japan in six months
Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=Mjc2MTVkMDkxMzU
U.S. ambassador, Cambodian commerce minister complete trade mission to promote investment in Cambodia
U.S. Ambassador William E. Todd led his second reverse trade mission of Cambodian businesses to the United States, June 16-20, to encourage U.S. trade and investment opportunities in Cambodia. His Excellency Sun Chanthol, Senior Minister and Minister of Commerce, accompanied Ambassador Todd and 20 ...
Embassy of the United States
Over 250,000 Cambodian migrant workers flee Thailand in fears of junta's crackdown: PM
More than 250,000 Cambodian migrant workers, mostly undocumented, have fled Thailand since early this month in fears of a military junta’s clampdown on illegal foreign workers, Cambodian Prime Minister Hun Sen said Thursday. “Up to now, over 250,000 Cambodians have crossed the border from Thailand back ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/26/c_133439662.htm
Cambodian telecom firm cooperates with China's Huawei to build 4G network in Cambodia
Cambodian telecommunications company EMAXX signed a contract with China’s Huawei, a global ICT solutions provider, on Wednesday in order to develop EMAXX’s 4G network in Cambodia. The contract was inked between Ai Min, chief executive officer of EMAXX, and Weng Kefeng, deputy general manager of Huawei ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/17/c_133650709.htm
USAID and NASA announce enhanced use of technology for development in the Lower Mekong
Today, the United States Agency for International Development (USAID) and the U.S. National Aeronautics and Space Administration (NASA) announced a five-year project that will promote the use of satellite imagery to help Asia’s Lower Mekong region better predict and cope with floods and other natural disasters ...
U.S. Embassy
Cambodia exports 387,100 tons of rice in 2014; up 2% from previous year
Cambodia has exported about 387,100 tons of rice in 2014, up about 2% from around 378,856 tons exported in 2013, according to local sources. About 62% of rice exports were destined to Europe, according to sources at the Ministry of Agriculture. ...
Oryza News Staff
http://oryza.com/cambodia-exports-387100-tons-rice-2014-2-previous-year
Cambodia receives 2.54 mln foreign tourists in 7 months, up 4.5 pct
Cambodia had attracted some 2. 54 million international visitors in the first seven months of 2014, up 4.5 percent compared to the same period last year, the latest tourism report showed Friday. Kong Sopheareak, chief of the Tourism Ministry’s Statistics and Planning Department, said Vietnam, China, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=240762