Kingdom in talks with Russia for nuclear science
Cambodian and Russian experts yesterday concluded discussions on the possibility of constructing and establishing a Nuclear Science and Technology Centre in the Kingdom. The discussion, which was held in Siem Reap province over two days, took place at the 3rd meeting of a Cambodia-Russia joint ...
Taing Vida
https://www.khmertimeskh.com/50664303/kingdom-in-talks-with-russia-for-nuclear-science/
Aeon Mall to Break Ground in November
Japanese developer Aeon Mall (Cambodia) Co. Ltd. will break ground on a 68,400 square meter high-end shopping mall in Phnom Penh in November, the firm said yesterday. Speaking during an introductory workshop for potential tenants, Kuniaki Minohara, general manager of Aeon’s leasing department, said the mall ...
Tobacco lost to smuggling, survey shows
Government data show that significant amounts of tobacco are being smuggled out of the country each year, health and economics experts said yesterday. A national tobacco survey from 2011, the exact numbers of which remain confidential, shows that more tobacco is produced in Cambodia than is ...
Cambodia's highly competitive mobile phone industry poised for change
The nation is awash with SIM cards, and that is indicative of an industry that, as most observers see it, is simply overcrowded. But [mobile phone] operators, despite their special promotions and a young population in love with phones, are finding themselves squeezed as margins ...
Tuol Kork on the rise
Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom ...
http://www.phnompenhpost.com/index.php/Real-Estate/tuol-kork-on-the-rise.html
CAMBODIA: Rural poor lose out in land deals
Land governance policies in Asia, especially concessions made to private companies, are leaving the region’s poorest vulnerable to human rights abuses, experts say. “Land-grabbing by the rich and powerful continues,” Suson Bunsak, executive secretary of the Cambodian Human Rights Action Committee, said at the recent Asia ...
Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Garment Workers Faint at H&M Clothing Plant
Thirty-four garment factory workers fainted yesterday morning in Kompong Chhnang province, making it the third time in a year that a mass fainting has occurred at the factory, workers said yesterday. M&V International Manufacturing LTD. factory, which is a supplier to Swedish clothing brand H&M, experienced two incidents of ...
Phok Dorn, P. 19
https://opendevelopmentcambodia.net/wp-content/uploads/sites/2/2017/08/16-August-2012-page-001.jpg
Riel stabilizes versus dollar
The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the US economy ...
Local cashew nut exports increasing
Cambodia’s cashew-nut exports increased sharply from 443 tonnes in 2011 to 4,453 tonnes last year, according to the Ministry of Commerce. But observers say these figures do not reflect reality, as a large percentage of exports had not been recorded. An expert in cashew nut production, ...
http://www.phnompenhpost.com/2013020661205/Business/local-cashew-nut-exports-increasing.html
Mine Safety Law on Agenda
The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ...
http://www.phnompenhpost.com/2013053165981/National/mine-safety-law-on-agenda.html
Instalment payments for goods gaining purchase
AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...
China provides mine clearance training to Cambodian soldiers
A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers
Assembly passes first of three contentious laws on judicial reform
Ruling party lawmakers at the National Assembly pass the first of three draft laws in judicial reform, defying an opposition boycott and ignoring calls for further review by outside legal experts. The Law on the Organization of the Courts will put more power within the Ministry ...
Suy Heimkhemra
http://www.voacambodia.com/content/assembly-passes-first-of-three-contentious-laws-on-judicial-reform/1920338.html
Rubber smuggling threatens industry’s recovery
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
FDI survey may lead to new property regulations
Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations
Official pushes for an information access act
Many groups, including the ruling party, would benefit from a proposed access to information law – which would provide transparency when it comes to the government’s development plans and spending – a Council of Ministers official said yesterday. Tuot Lux, a legal expert who has been ...
Growth in hotel industry
The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate ...
http://www.phnompenhpost.com/index.php/2012101159242/Business/growth-in-hotel-industry.html
Excavation workers uncover UXO units at Kandal pagoda
Experts from the Cambodia Mine Action Center (CMAC) have collected and safely disposed of 43 units of unexploded ordnance (UXO) from an excavation site near Sa’ang Phnom pagoda in Peam Sala village of Sa’ang commune in Kandal province’s Sa’ang district after a work crew excavating ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/excavation-workers-uncover-uxo-units-kandal-pagoda