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Rising Demand Boosts Organic Rice Industry

Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other in­dustry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...

http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/

CNRP Promotes Plans for Demonstrations

Opposition leaders Sam Rainsy and Kem Sokha on Monday visited supporters in Kandal province to encourage locals there to ensure that momentum behind opposition demonstrations over the contested national election result continues. Thousands of people turned out in Vihear Suor commune, Khsach Kandal’s district, where Mr. ...

Khuon Narim and Alex Willemyns
http://www.cambodiadaily.com/elections/cnrp-promotes-plans-for-demonstrations-41990/

Court Dismisses Rights Groups’ Complaints

The Ratanakkiri Provincial Court has dismissed two complaints submitted by two local human rights groups, Adhoc and the Cambodian Center for Human Rights (CCHR), against local officials who they alleged had de­famed and intimidated their staff, court officials said Friday. Adhoc filed a complaint against Pheng ...

Kuch Naren
http://www.cambodiadaily.com/news/court-dismisses-rights-groups-complaints-45516/

Storm Kills One, Injures Two, Destroys Homes in Svay Rieng

A storm on Saturday night killed one, badly injured two others and destroyed or damaged hundreds of homes in Svay Rieng province’s Rumduol district, officials said Sunday. Ros Pharith, provincial administration director, said a rainstorm with strong winds hit the prov­ince about 8:30 p.m. [Svay Rieng ...

Ben Sokhean
http://www.cambodiadaily.com/news/storm-kills-one-injures-two-destroys-homes-in-svay-rieng-41560/

More predictions for CSX start date

The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s  initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...

http://www.phnompenhpost.com/index.php/2012011853988/Business/more-predictions-for-csx-start-date.html

Bank of Tokyo opens Phnom Penh office

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...

http://www.phnompenhpost.com/index.php/2012022054611/Business/bank-of-tokyo-opens-phnom-penh-office.html

Chinese carrier launches direct flight to Sihanoukville

Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, an airline executive said yesterday.Kunming-based Lucky Air, part of Hainan Airlines Group, has a fleet of 25 aircraft. It ...

Cam McGrath
http://www.phnompenhpost.com/business/chinese-carrier-launches-direct-flight-sihanoukville

Special Economic Zones ‘key to future’

Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...

Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/

Thousands of election body workers missing weeks of wages

Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...

Phan Soumy
https://www.cambodiadaily.com/news/thousands-of-election-body-workers-missing-weeks-of-wages-127966/

Japan provides $439,261 for organic cashew farming

The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives.​​ ...

Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/

Dell announces two new services for IT firm's enterprise clients

Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and Deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...

http://www.nationmultimedia.com/business/Dell-announces-two-new-services-for-IT-firms-enter-30191061.html

S'ville Port Likely to Miss Bourse Registration Date

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

Largest MFI Prasac gets loan boost for coffers

Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands development ...

http://www.phnompenhpost.com/2013070166577/Business/largest-mfi-prasac-gets-loan-boost-for-coffers.html

Grand Twins’ share price continues to drop

The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/

Four Nauru refugees who agreed to go to Cambodia wait to fly out

Three refugees who have agreed to travel to Cambodia are being housed in the Nauru detention centre before they are scheduled to fly out. There are currently just four refugees who have agreed to take up the Australian government’s resettlement offer in Cambodia, despite a large ...

Paul Farrell
http://bit.ly/1GmWWQy

Hungary trade, tourism ties to get boost

Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...

Thou Vireak
https://www.phnompenhpost.com/business/hungary-trade-tourism-ties-get-boost

CSX webcast targets small, medium firms

Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...

Husain Haider
https://www.khmertimeskh.com/50807111/csx-webcast-targets-small-medium-firms/

Photo tourism turns profits

Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...

Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits

Micro-insurance access urged

Cambodia’s finance sector should increase insurance accessibility to its smallest lenders to help protect against indebtedness at times of disaster, an industry expert said at a conference in Phnom Penh yesterday. Speaking at the Hotel Cambodiana to an audience of industry representatives on rural entrepreneurship, Jaime ...

Hor Kimsay and Daniel de Carteret
http://www.phnompenhpost.com/business/micro-insurance-access-urged

Air Asia expands services, flights

Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...

http://www.phnompenhpost.com/index.php/2011121353316/Business/air-asia-expands-services-flights.html

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