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Experts Question New Trade Goal with Vietnam

Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...

http://www.phnompenhpost.com/index.php/2012062757037/Business/experts-question-new-trade-goal-with-vietnam.html

New Draft Law Could Legalize Land Grabbing

A law on the management of farmland currently being drafted by the Ministry of Agriculture is a threat to private landowners as it imposes criminal penalties for farmers who do not abide by new powers the government would have to demarcate land, a human rights ...

Protesters Employ New Tactic At Eviction Demonstrations

Protester’s from Phnom Penh’s Boeng Kak and Borei Keila communities demonstrated outside the Ministry of Justice yesterday by employing a new tactic: locking themselves up inside a cage. With about 100 people in attendance, two protesters crouched inside a small cage to protest against the detention ...

Last Year Saw More New Firms Register

Almost 3,400 new businesses were registered in Cambodia in 2012, an increase of 9 percent on the previous year, according to figures from the Ministry of Commerce. In 2012, the ministry’s business registration department recorded some 3,385 new companies, compared with 3,104 new companies in 2011, ...

http://www.cambodiadaily.com

Government's New Jet Takes To the Skies

The government’s brand-new Airbus A320 jet took off on official state business for the first time yesterday, when it departed from Phnom Penh International Airport en route to Beijing with King Norodom Sihamoni and Queen Mother Norodom Monineath. “It is the government’s plane and is for ...

http://www.cambodiadaily.com

New Kampot Salt Farm Has Big Ambitions

TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...

http://www.cambodiadaily.com/business/new-kampot-salt-farm-has-big-ambitions-20505/

Mortgage Lending Rises for New Home-Buyers

Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday. From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million ...

http://www.cambodiadaily.com/business/mortgage-lending-rises-for-new-home-buyers-20083/

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

New Governor Promises to Solve Land Disputes

Phnom Penh’s new governor used his swearing in ceremony to Friday to boldly vow to solve some of the municipality’s longest-running and most high-emotive land disputes. Pa Socheatvong officially took over on Friday from outgoing governor Kep Chuktema, who served as the city’s chief for 10 ...

http://www.cambodiadaily.com/news/new-governor-promises-to-solve-land-disputes-21897/

Troubled Village Embroiled In New Land Disputes

A year after a massive military raid here that left a 14-year old girl dead and hundreds of families evicted, there remains little sign of the original land dispute that turned this rural village into a hotbed of agitation. But a new firm and a government-issued ...

http://www.cambodiadaily.com/news/troubled-village-embroiled-in-new-land-disputes-25184/

New Boeng Kak Group Petitions World Bank

About 30 former residents of the Boeng Kak community submitted a petition on Friday morning to the World Bank office and several embassies in Phnom Penh, calling for a halt to all funding for longtime anti-eviction protesters from the Boeng Kak area. The Boeng Kak counter-protesters ...

http://www.cambodiadaily.com/news/new-boeng-kak-group-petitions-world-bank-33746/

New Cafe to Enter Growing Cambodian Market

Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...

http://www.cambodiadaily.com/business/new-cafe-to-enter-growing-cambodian-market-36434/

Water Authority Share Price Hits New Low

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/

New districts signed into being by PM

Prime Minister Hun Sen approved the creation of three new districts for Phnom Penh on Wednesday. Four existing districts are being divided to create the new areas, dubbed Chbar Ampov, Prek Pnov and Chroy Changva. Phnom Penh City Hall spokesman Long Dimanche told the Post last ...

Chhay Channyda
http://www.phnompenhpost.com/national/new-districts-signed-being-pm

Canadia, Cambodia Post to Launch New Bank

Canadia Bank PLC and Cambodia’s postal service are expected to open a commercial bank next month with financial backing from one of Singapore’s largest financial institutions, officials and sources with knowledge of the venture said Thursday. The bank, known as Cambodia Post Bank PLC, will provide ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/canadia-cambodia-post-to-launch-new-bank-40699/

New fees, political crisis mean fewer businesses

The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...

May Kunmakara
http://www.phnompenhpost.com/business/new-fees-political-crisis-mean-fewer-businesses

Three New Districts in Phnom Penh Approved

The Ministry of Interior has approved the creation of three new districts in Phnom Penh following a proposal from City Hall to create five new districts before district and city council elections are held in May. Sak Setha, secretary of state at the Ministry of Interior, ...

Khuon Narim
http://www.cambodiadaily.com/news/three-new-districts-in-phnom-penh-approved-49424/

‘New Voices’: Poor Education Hurts Economic Growth

Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...

VOA Khmer News Staff
http://www.voacambodia.com/content/new-voices-poor-education-hurts-economic-growth/1816811.html

NGOs Call for Vote Reform, New Election

A re-election should be held in 2015 following the implementation of a comprehensive series of electoral reforms, an umbrella group of local rights organizations and independent election monitors said Friday. The organizations, including the Committee for Free and Fair Elections (Comfrel), Adhoc, the Community Legal Education ...

Khuon Narim
http://www.cambodiadaily.com/news/ngos-call-for-vote-reform-new-election-50066/

New highway to run through Boeung Tompong

A new highway that is being built is expected to not only reduce traffic jams, but to also open up a large area for real estate development. The new highway, called Samdech Techo Hun Sen Blvd, runs from the intersection of Road 271 and Monivong Blvd ...

Siv Meng
http://www.phnompenhpost.com/real-estate/new-highway-run-through-boeung-tompong

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