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Drought Affecting 145,000 Hectares of Paddy

A lack of rain across the country is affecting more than 145,000 hectares of rice paddy and  parts of the nation’s crop have already been completely destroyed, according to data released yesterday by the Ministry of Agriculture. Hem Sophal, director of the statistics department at the ...

UN Secretary General will visit Cambodia in November

UN Secretary-General Ban Ki-moon will visit Cambodia in November to attend the 21st ASEAN Summit and East Asia Summit, a senior UN official said here Thursday. Noeleen Heyzer, UN Under Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP), ...

Vietnamese bank to extend operation

Vietnamese Bank Sacombak (Cambodia) Plc, a wholly-owned subsidiary of Sacombank in Vietnam, will extend its operation in the Cambodian financial market, according to a bank official. Nguyen Nhi Thanh, CEO and President of Sacombank in Cambodia, said during the first anniversary celebration after the bank’s transformation ...

http://www.phnompenhpost.com/index.php/2012100259030/Business/vietnamese-bank-invests-in-cambodia.html

Mittapheap Hotel on track

The five-star, 17-story Mittapheap Hotel in Sihanoukville province, being constructed by Khouch Asia Company, is on track to be completed in 2014 as planned, according to the project manager. The company is aggressively developing the project and the first floor has just been completed. The numbers of ...

http://www.phnompenhpost.com/index.php/Real-Estate/mittapheap-hotel-on-track-in-sihanoukville.html

Four People Injured After Two Buses Collide

Three Vietnamese nationals and one Cambodian were hospitalized Saturday after two commercial buses driving between Phnom Penh and Ho Chi Minh City collided in Svay Rieng province, police said yesterday. Ouch Sarun, provincial traffic police chief, said that the two buses [belonging to Van Rec. Co. Ltd., and ...

FedEx opens new air freight hub

FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...

http://www.supplychainreview.com.au/news/articleid/81499.aspx

Xayaboury dam simulation model unveiled

Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZGVlOTkxOWMwM2YyYzFmYTc5Y2E0YWVmMzY5Mjg2

Decorative plants are more popular than ever, but most are imported

Sar Botra has always liked gardening. The front yard of his house, an explosion of flowers and plants, makes it clear that he’s got a very green thumb. He used to spend a lot of time with his plants after work or on the weekends, ...

http://www.etmcambodia.com/viewarticles.php?articlesid=297

PetChem sees healthy growth in 2013, eyes Myanmar, Cambodia

KUALA LUMPUR (Dec 18) : Petronas Chemical Group Bhd (PetChem) said that its top and bottom line growth was going to be in “healthy mode” next year, with prices of its chemical products seen to be firming up. Speaking at a media briefing on Tuesday, its ...

http://my.news.yahoo.com/petchem-sees-healthy-growth-2013-eyes-myanmar-cambodia-080848730--sector.html

Cambodia's unions cry foul on fainting figures

Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...

http://www.phnompenhpost.com/2013010360603/National/cambodia-s-unions-cry-foul-on-fainting-figures.html

Siem Reap Hotel Dispute Has No End in Sight

A prolonged court case between two French investors in Siem Reap’s landmark Victoria Angkor hotel is at a standstill after auditors ordered by the Supreme Court to examine the hotel’s finances were denied access to the books this week. In a dispute that goes back to ...

http://www.cambodiadaily.com/business/investment-dispute-over-luxury-hotel-drags-on-7903/

Unionists cry foul over rejection

K-Cement workers who were told they could not form a company-wide union because their workplaces were “separate” entities have now had their application to register individual unions rejected by the Ministry of Labour, union leaders said yesterday. Sok Kin, vice president of the Building and Woodworkers ...

http://www.phnompenhpost.com/2013020161139/National/unionists-cry-foul-over-rejection.html

Major Cineplex comes to Cambodia

Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in ...

http://www.phnompenhpost.com/2013021461365/Business/major-cineplex-comes-to-cambodia.html

Mfone Workers Demand $4.4M Compensation

About 200 former employees of bankrupt mobile phone operator Mfone yesterday protested outside the company’s shuttered offices, asking for the help of Prime Minister Hun Sen in the fight to get more than $4 million in compensation from the company. Mfone declared itself insolvent in ...

http://www.cambodiadaily.com

Million-dollar machine sweetens outlook

Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...

http://www.phnompenhpost.com/2013032164553/Business/million-dollar-machine-sweetens-outlook.html

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

Boeung Kak villagers, city officials talking titles

Local authorities met with Boeung Kak community members yesterday to register villagers left out of the oft-criticised resettlement scheme as a first step to providing them with titles and onsite housing. More than 10 officials including police, commune and village chief, as well as representatives of ...

http://www.phnompenhpost.com/2013060766131/National/boeung-kak-villagers-city-officials-talking-titles.html

Cambodia to stop HIV by 2020

During a presentation at the 2013 International AIDS Society Conference on HIV Pathogenesis, Treatment and Prevention in Kuala Lumpur, Malaysia, Cambodia showed its new initiative called “Cambodia 3.0” which aims to eliminate new infections of HIV by 2020. Cambodia had one of the fastest growing HIV ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=N2U3NjkyZDJiYTM

Going home to vote? Expect a hike in travel prices

Voters who travel to cast ballots in the upcoming poll Sunday could face higher transportation fees as drivers and companies try to capitalise on heavier passenger volume. Phan Na, general manager at Phnom Penh Sorya Transportation, which sells bus tickets to several provinces, said fees could ...

http://www.phnompenhpost.com/business/going-home-vote-expect-hike-travel-prices

Agreement reached on Thai trade

After years of discussion, the Cambodian and Thai governments on Tuesday agreed at the Ayeyawady-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS) summit in Laos to establish a Cambodian-Thai Business Council in a bid to enhance trade and investment between the ASEAN neighbours after a decline in ...

http://www.phnompenhpost.com/2013031561964/Business/agreement-reached-on-thai-trade.html

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