Carbon credit for Seima Area
A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...
Tax revenue up from 2011
Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...
Cambodia wants better ties with Pakistan in economics, trade, tourism: PM
Cambodian Prime Minister Hun Sen on Monday expressed his desire to see better relations with Pakistan, particularly in economics, trade and tourism. He said the two countries signed an agreement on the investment protection and promotion in April 2004 during the visit of former Prime ...
http://news.xinhuanet.com/english/world/2013-07/01/c_132501129.htm
Private side can spark investment
The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...
http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html
Tourism numbers give boost to Sihanoukville property prices
Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...
Sum Manet
http://www.phnompenhpost.com/real-estate/tourism-numbers-give-boost-sihanoukville-property-prices
Land activists ‘under threat’
Cambodian land advocates face some of the most threatening and deadly working conditions in the world, according to a new report by UK-based environmental watchdog Global Witness. Since 2002, 908 reported killings linked to land activism have occurred across 35 countries – with 13 taking place ...
Amelia Woodside and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/land-activists-%E2%80%98under-threat%E2%80%99
Thai capital market should cater to Cambodia, Laos, Myanmar
Thailand’s capital market should aim to be a funding base for Cambodia, Laos and Myanmar to gain the full benefit from high growth in the Greater Mekong Subregion and a more integrated region through the Asean Economic Community (AEC), panellists at a Euromoney Conferences forum ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MDk3YzQ2ZTI
Govt wants word with VOA, RFA
The Ministry of Information and Council of Ministers has summoned representatives from US government-funded radio stations for an unprecedented meeting to discuss the stations’ content, goals and level of professionalism, government officials said yesterday. In a letter dated Monday and signed by Minister of Information Khieu Kanharith, Radio Free Asia (RFA) and Voice ...
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Cambodian 'Avatars' Rally to Save Forest
More than one hundred villagers dressed as the forest people from the hit film “Avatar” protested in the Cambodian capital Thursday against the destruction of the country’s Prey Lang forestThey say the forest, which is a source of livelihood for some 200,000 mainly indigenous people, ...
EU Eyes Asean as Solution for Troubles at Home
As Europe continues to navigate its way through a two-year debt crisis, EU Trade Commissioner Karel De Gucht yesterday sought to put Europe at the center of Southeast Asia’s future at the EU-Asean Business Summit in Phnom Penh, and urged EU investors to take advantage ...
ASEAN-US business summit next week
United States Trade Representative Ron Kirk, will spend two days, August 30 and 31, in Siem Reap attending the 44th ASEAN Economic Ministers’ meeting and the ASEAN-US Business Summit. He is also scheduled to meet separately with Cambodian leaders and other participating ministers to discuss bilateral ...
Flood crisis another setback for real estate sector
While the political crisis in the country is still ongoing, Cambodia is now suffering another crisis due to flooding, which has had a big impact on the country’s real estate business. Kim Heang, the President of Khmer Real Estate, said the buying and selling of real ...
Siv Meng
http://www.phnompenhpost.com/real-estate/flood-crisis-another-setback-real-estate-sector
Sokha ‘snubs China for US’
CAMBODIA National Rescue Party deputy leader Kem Sokha pledged his party’s foreign policy allegiance to the United States over China in no uncertain terms to top officials in Washington, last week, according to a summary of his meetings posted online. A document released by the US-based ...
Kevin Ponniah
http://www.phnompenhpost.com/national/sokha-%E2%80%98snubs-china-us%E2%80%99
Laos, Cambodia enhance legislative cooperation
Lao National Assembly and the National Assembly of Cambodia have vowed to continue the exchange and mutual support between the two legislative bodies. The vow was made at a meeting held in Vientiane between the high-level parliamentary delegations led by the Lao National Assembly President Ms ...
Somxay Sengdara
http://www.vientianetimes.org.la/FreeContent/FreeConten_Laos.htm
Tech start-up pitches sought
A group of Phnom Penh-based high-tech professionals are putting on the second annual Startup Weekend Cambodia from June 22 to 24 at Yellow Tower, across the Tonle Sap from the Riverside. Darren Jensen of Yoolk, a software company that builds content, sales and HR management systems ...
http://www.phnompenhpost.com/index.php/2012061156712/Business/tech-start-up-pitches-sought.html
ASEAN set to become Asia’s next low-cost manufacturing powerhouse
ASEAN is poised to become Asia’s next low-cost manufacturing powerhouse as wages in China’s Pearl River Delta (PRD) factory belt continue to creep up, said an economist. ...
Malaymail Online News Staff
http://bit.ly/1dKKOCm
South Korea leads Asia’s big three as Cambodia’s leading investor
South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...
Cambodia: Visits on the rise
Cambodia is rapidly attracting more and more visitors from tourists to businessmen. Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported. So far,the country has welcomed 404,106 visitors compared to 350,257 during the same ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MmQ1MmMyNTUzMjJ
Property prices stagnant following election
Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...
Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election