Insight: Cambodia's $11 billion mystery
The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot’s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies ...
http://www.reuters.com/article/2013/02/13/us-cambodia-china-idUSBRE91C1N320130213
Cambodian academics laud China’s contribution to protecting rights to life, health in developing countries
China has played an important role in helping protect rights to life and health in developing countries, Cambodian academics have said. By sending medical experts and providing medical supplies, equipment, as well as COVID-19 vaccines to help countries combat the COVID-19 pandemic, China has made ...
Khmer Times Staff
https://www.khmertimeskh.com/501198005/cambodian-academics-laud-chinas-contribution-to-protecting-rights-to-life-health-in-developing-countries/
PLA Army to participate in “Pure Homeland-2023” multinational joint demining operation in Cambodia
According to the consensus reached by the ASEAN Defence Ministers’ Meeting Plus (ADMM-Plus) Experts’ Working Group (EWG) on Humanitarian Mine Action (HMA), the Chinese PLA Army will send a task force to Cambodia for the multinational joint demining operation code-named “Pure Homeland-2023” from the end ...
Khmer Times Staff
https://www.khmertimeskh.com/501352980/pla-army-to-participate-in-pure-homeland-2023-multinational-joint-demining-operation-in-cambodia/
Press release on the death of a male dolphin at the Koh Kon Sat Dolphin Sanctuary
On 19 March 2023, the Fisheries Administration of the Ministry of Agriculture, Forestry and Fisheries issued a press release on the death of a male dolphin at the Koh Kon Sat Dolphin Sanctuary, Koh Preah commune, Siem Bok district, Stung Treng province.According to experts from ...
Fisheries Administration
SME Bank to allocate $50 million in funds for Siem Reap tourism boost
The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...
May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost
Cambodia-China trade continues to grow despite global demand slowdown
Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501422036/cambodia-china-trade-continues-to-grow-despite-global-demand-slowdown/
Herbalife Promises Cambodians Health, Wealth
The offices of Herbalife, a so-called multilevel marketing company that has moved into the protein powder market in Cambodia, stand like a beacon of promise in Phnom Penh’s Prampi Makara district: Six stories of glass and white paneling, crisp lime-green signage and a four-story-high banner ...
Matt Blomberg
http://www.cambodiadaily.com/news/herbalife-promises-cambodians-health-wealth-48828/
Cambodia telco growth in 3G
Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...
http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html
At ASEAN energy summit, green energy and investment were in focus
In his talk at the ASEAN energy ministers meeting held in Phnom Penh last week, Prime Minister Hun Sen emphasized the need for the ten-member bloc to work together to bolster its regional energy connectivity to meet a rapidly growing demand for energy. He also ...
Cambodian farmers squeezed out
Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...
http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/
Cambodia Needs $100 Million Annual Investment to Develop Energy Projects
Phnom Penh: “Cambodia is needing $ 1 billion over the years or at least 100 million annual investment to develop renewable energy projects for rural electrification in order to reduce its dependence on diesel consumption,” said Mr. Toch Sovanna, Director of Departmemnt of Energy Technique, ...
Major boulevards increasing in price
The sale and purchase of land along the four major boulevards in Phnom Penh climbed up to 40 per cent in the third quarter of 2012, while the construction of offices is gradually on the rise, according to real estate experts. The growth of land prices ...
http://www.phnompenhpost.com/index.php/Real-Estate/land-price-along-boulevards-on-the-rise.html
Cambodia's energy costs deter investors
Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...
http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html
The Credit Bureau Cambodia at the five-month mark
Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
Hanging by a Thread
Cambodia’s tradition of silk production is one that dates back as far as the 13th century. A long-standing symbol of status for the rich and the country, ancient Angkorian silk producing Cambodia bore unique weaving and reeling techniques that have been passed down from generation ...
http://www.bangkokpost.com/business/economics/320823/hanging-by-a-thread
Scooter connects to phone
Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...
http://www.phnompenhpost.com/business/scooter-connects-phone
Cambodian rubber earnings fall
Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...
http://www.phnompenhpost.com/business/cambodian-rubber-earnings-fall
UN rights envoy hails Cambodia's poll, calls for calm,political reconciliation
The United Nations Special Rapporteur on the situation of human rights in Cambodia, Surya P. Subedi on Wednesday praised Cambodia’s general elections held on Sunday, and appealed for calm and political reconciliation. The human rights expert also appealed to the people and all political actors ...
http://news.xinhuanet.com/english/world/2013-07/31/c_125097669.htm