$300M maiden sovereign-bond issue set to begin on Sept 7: NBC
The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...
May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc
Pig production priority
Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry, insiders say. The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, ...
http://www.phnompenhpost.com/index.php/2011070150113/Business/pig-production-priority.html
Cambodia, Laos, Myanmar and Vietnam Discuss Ways to Boost Tourism
Tourism ministers from Cambodia, Laos, Myanmar and Vietnam held a meeting in Ho Chi Minh City to discuss ways to boost tourism in all the four countries, creating a four country tourist destination. At the meeting on September 13, attended by over 200 delegates and investors, ...
Conference Highlights the Country's Math Deficiency
Education experts and professors from around the world gathered over the weekend in Phnom Penh to discuss ways to strengthen mathematics in Cambodia and other developing countries. the problem is not a lack of student capability, said Lin Mongkolsery, a mathematics teacher at the Institute ...
Kingdom set for IT growth over next decade
Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...
Japan Asks for Tax Breaks, Better Regulations
The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...
As tourism grows, so do questions about sustainability
While tourism officials are pleased about the healthy growth of tourism in Cambodia, the influx of visitors might not be so healthy for the Kingdom’s main attraction-the temple complex of Angkor Wat near Siem Reap. New figures from the Siem Reap tourist office show that about ...
Dam in Northeast Built on Earthquake Site, Study Finds
Experts are recommending that a proposed dam on the Sesan River in northeast Cambodia be equipped with earthquake protection measures, after discovering a quake occurred in the area some 30 years ago. The proposed Lower Sesan II dam would be situated on a site in Stung ...
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Country’s First Life Insurance Firm Enters Market
The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...
Ministry of Labor Launches Anti-Fainting Campaign
The Ministry of Labor on Sunday launched an educational campaign aimed at preventing further mass faintings in garment factories, a ministry official said yesterday. Meng Hong, director of the ministry’s inspection and legal affairs department, said that the campaign would target more than 30,000 garment workers ...
Major Gap Emerging Between Labor Market and Job Seekers
PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...
Investment options for Cambodian telcos
With Myanmar’s telecom industry showing signs of gradually opening, operators in Cambodia’s overcrowded telecom market see opportunities for potential investment. But in stride with the market’s latent potential come challenges, industry experts say, and lessons learned locally need to be applied overseas. “Myanmar remains one of the ...
http://www.phnompenhpost.com/2013022061463/Business/investment-options-for-cambodian-telcos.html
U.S. imports large volume of organic rice
An unusual report shows that organic rice buyers in the U.S. are getting a large percentage of their rice from Cambodia. The Cambodian Center for Study and Development in Agriculture (CEDAC) exported 114 tonnes of organic jasmine rice to the U.S. in the first quarter of ...
http://www.agprofessional.com/news/US-imports-large-volume-of-organic-rice-201976661.html
Luxury tourism slowly on the rise
A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...
http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html
Two Explosive Devices Found in Phnom Penh Safely Detonated, Removed
Bomb disposal experts conducted a controlled explosion on a device discovered near the National Assembly building in Phnom Penh on Friday morning and safely removed a second explosive device, consisting of three M-79 rifle-launched grenade shells, from a park near the city’s Wat Phnom. The ...
Khuon Narim
http://www.cambodiadaily.com/news/two-explosive-devices-found-in-phnom-penh-safely-detonated-removed-42261/
Xu Qiliang visits Chinese doctors working in Cambodian military hospital
Xu Qiliang, visiting vice- chairman of China’s Central Military Commission, on Thursday visited a group of 10 Chinese doctors working at the Preah Ketomelea Hospital, known as the Military Hospital, in Phnom Penh, the capital of Cambodia. Xu was accompanied by Chay Saing Yun, secretary ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-05/09/c_133322029.htm
Cambodia’s elderly faces increasing hardships
Like many developing countries, Cambodia’s mainly agricultural society is changing fast, driven by urbanization and falling fertility rates. As young workers move to the cities, older people are staying back in the villages, where they have little support. Although former civil servants and soldiers get ...
Robert Carmichael
http://www.voanews.com/content/cambodia-elderly-facing-increasing-harships/2516170.html
VN to negotiate with Laos, Cambodia on transit fees for new air route
Airlines are taking a wait and see attitude about the proposed air route between Hanoi and HCM City that will fly over Cambodia and Laos airspace, cutting flight time compared to the current route. Experts have said that this will be the most economical air route ...
VietNamNet Bridge News Staff
http://english.vietnamnet.vn/fms/business/110731/vn-to-negotiate-with-laos--cambodia-on-transit-fees-for-new-air-route.html
Permanent Mission hits back at ‘naming to alert’ criticism
The Permanent Mission of Cambodia in Geneva has hit back at three United Nations human rights experts, who expressed alarm over what they called the ‘naming and shaming’ of COVID victims. The Mission said that Cambodia’s response to the coronavirus aims to “ensure that precious ...
Ben Sokhean
https://www.khmertimeskh.com/50792643/permanent-mission-hits-back-at-naming-to-alert-criticism/