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Regional, Local Activists Plan Forums to Coincide With Summits

Activist groups are planning to hold two separate forums this week in Phnom Penh to call attention to human rights issues and other problems in Asean countries as a meeting of regional and world leaders begin in the city. The assembly will meet ahead of ...

http://www.cambodiadaily.com

Cambodia's world heritage Preah Vihear temple greets 93,340 tourists in 11 months

Cambodia’s Preah Vihear Temple, one of the world heritage sites, welcomed about 93,340 local and foreign visitors in the first 11 months of this year, up 87 percent compared with 49,740 tourists at the same period last year, the statistics of Preah Vihear provincial tourism ...

http://news.xinhuanet.com/english/world/2012-12/14/c_132040745.htm

Ha Tien Vegas Casino closes due to bankruptcy

Ha Tieng casino in Kampot province, Bordering with Vietnam was closed due to bankruptcy after there were no gamblers. According to the source, there were about 2 000 staffs laid off. Gamblers are Vietnamese but when Vietnamese government banned its people from going to gamble ...

http://thesoutheastasiaweekly.com/?p=5267

Cambodia launches green growth plan 2013-2030

Cambodia on Friday adopted the national policy and strategic plan for green growth 2013-2030, aiming at developing the economy with consideration for environmental and natural resources sustainability. It said the country has already adopted several legal instruments for the green growth implementation. Those included ...

http://news.xinhuanet.com/english/world/2013-03/01/c_132201617.htm

Cambodia Posts 29 pct Rise In Large-Scale Factories Last Year

The number of large-scale factories in Cambodia has increased by 29 percent to 907 in 2012, Minister of Industry, Mine and Energy Suy Sen said Thursday. Those large-scale enterprises employed 559,600 employees last year, a 38 percent increase from 403,560 a year earlier, he said ...

http://www.asean-china-center.org/english/2013-03/28/c_132269109.htm

When Is Credit Growth Too Fast and How To Deal With It?

Cambodia’s financial system appears to be shifting to excessive credit growth. The credit-to-GDP ratio has reached 37 percent, well above the low-income economies (LTCs). If credit growth were to continue at the current pace, by mid-2013 the ratio would exceed even the median for more ...

http://www.cambizreview.com

Ministry: election won’t hurt tourist numbers

While tourism in Cambodia has historically slowed in advance of general elections, tourism leaders in the government and private sector have said they expect this year’s July elections to have little impact on tourist arrivals.  Tourism numbers dipped by 10.9 per cent for the 2003 ...

http://www.phnompenhpost.com/2013050665415/Business/ministry-election-won-t-hurt-tourist-numbers.html

Beware risk with ASEAN investment

Members of the Association of Southeast Asian Nations (ASEAN) have become magnets for Chinese investment amid the global economic slump. Among the most recent deals, Hunan Province-based Xinyuan Mining Co Ltd bought a license to exploit a 28 million square meter gold mine in Cambodia, and ...

http://www.globaltimes.cn/content/791893.shtml#.UcueODuj2xA

First hedging deal transacted

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted

Cambodia's national airline launches daily flights to China's Guangzhou City

SIEM REAP, Cambodia, Sept. 26 (Xinhua) — National flag carrier, Cambodia Angkor Air (CAA) began regular flights to Guangzhou City in China’s Guangdong province on Thursday, aiming at attracting more Chinese travelers to Cambodia, a company’s senior official said. China is the third largest source ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/26/c_132752788.htm

Cambodian, U.S. senior officials meet to promote bilateral ties

Cambodian and U.S. senior officials met here on Monday to further promote bilateral ties and cooperation. The meeting was made between Ouch Borith, secretary of state at the Cambodian Ministry of Foreign Affairs, and Scot Marciel, visiting principal deputy assistant to the United States Secretary of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/04/c_132858319.htm

Power line investment approved

The Cambodian government has entered into a public-private partnership with a little-known company named ALEX Corporation Co Ltd to develop power lines from plants in Preah Sihanouk province to Phnom Penh, according to the Council of Ministers. The private firm will invest $119.1 million in a ...

Hor Kimsay
http://www.phnompenhpost.com/business/power-line-investment-approved

Cambodian PM heads for Japan, 4 deals planned to be inked

Cambodian Prime Minister Hun Sen left here on Thursday for a week-long visit to Japan and the two countries are expected to sign four deals including defense cooperation, a senior official said. One of them is the memorandum on defense cooperation and exchanges between the two ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/cambodian-pm-heads-japan-4-deals-planned-be-inked

Two French Nationals Robbed, One Hospitalized

Two French nationals were attacked and robbed over the weekend in separate incidents near the National Museum at the corner of streets 13 and 178 in Phnom Penh’s Daun Penh district, police and friends of the victims said Monday. Following the two robberies, a tourism ...

Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/news/two-french-nationals-robbed-one-hospitalized-49627/

IMF says Cambodia's strong outlook subject to 'considerable' risks

Cambodia’s strong economic growth and foreign investment are subject to “considerable” downside risks, the International Monetary Fund has warned. A staff report released in Washington late Tuesday said “economic activity remains strong driven by robust exports, with garment exports helped by preferential access to European Union.” at ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2FjYzE4NzRmYzQ

Election ranks low: study

Cambodia’s national election in July ranked 69th out of 73 elections held worldwide between mid-2012 and the end of 2013 for electoral integrity, an election research group based at the University of Sydney and Harvard University has found. The Electoral Integrity Project (EIP) collected assessments from ...

Kevin Ponniah
http://www.phnompenhpost.com/national/election-ranks-low-study

Labor ministry to inspect migrant worker recruitment agencies

The government today will begin strict inspections of agencies that recruit workers to send overseas, Labor Minister Ith Sam Heng said Tuesday. The labor minister has previously threatened to suspend or revoke the licenses of agencies that do not comply with labor laws. Speaking at a workshop ...

Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-to-inspect-migrant-worker-recruitment-agencies-54925/

Assembly back, CNRP not

The Kingdom’s fifth National Assembly is to open its second session today, more than six months after the opposition party boycotted the inauguration of parliament on September 23 and left 68 Cambodian People’s Party lawmakers to swear-in at the Royal Palace on their own. According to ...

Meas Sokchea
http://www.phnompenhpost.com/national/assembly-back-cnrp-not

Cambodia bars Vietnamese protest

The Cambodian government said Thursday it will not allow Vietnamese living in the country to protest Chinese incursions in the South China Sea. Khieu Sopheak, spokesman for the Interior Ministry, said Cambodia does not allow any foreigners to protest other nationalities. The spokesman made the statement ...

Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/409925/cambodia-bars-vietnamese-protest

ILO attacks trade union law

An International Labour Organization official yesterday called the draft of a Ministry of Labour trade union law “a step backwards” during the opening of a two-day workshop meant to hear concerns of both labour unions and employers. In a speech to worker representatives, members of the ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/ilo-attacks-trade-union-law

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