Chinese aid
Construction of a laboratory funded by Chinese money. Photo by Michael Coghlan, taken on 10 January 2014. Licensed under CC-BY-SA 2.0China, while once being at odds with the current government, is now Cambodia’s largest development partner. The two nations have grown increasingly close in recent ...
Fears over island fish stocks
Villagers on Koh Kyong island in Preah Sihanouk province are preparing a complaint over more than 300 allegedly unlicensed fishermen who they say are illegally operating in local waters. Loung Bunny, chief of the Association for Natural Protection in Ochroy commune, said yesterday that fishermen from ...
24 More Faint at Dangkao District Garment Factory
Continuing the spate of mass fainting at Phnom Penh garment factories, 24 workers fainted at the Heart Enterprise factory on Friday, prompting the factory to shut down for the second time in a week, officials said. The Dangkao district garment factory had reopened on Friday ...
Garment factory back in business after last week’s mass fainting
Three workers at M&V International Manufacturing Ltd’s garment factory in Kampong Chhnang factory fainted yesterday and about 20 others were permitted to stop working for two more days due to poor health, a representative of their union said. Nearly 300 workers fainted at the factory last ...
Tep Nimol, Don Weinland, P. 5
http://www.phnompenhpost.com/national/garment-factory-back-business-after-last-week%E2%80%99s-mass-fainting
July's inflation driven by high food prices
Fueled by a rise in food prices, inflation reached 7.1 percent in July compared to the same month last year, according to data released by the National Institute of Statistics According to the data, the price of meat increased by 16.4 percent in July compared to ...
Kingdom's 2011 GDP hits 6.9%
Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...
http://www.phnompenhpost.com/index.php/2012012754182/Business/kingdoms-2011-gdp-hits-69.html
Hun Sen: we won’t be bought
After a week of global media reports dissecting Cambodia’s relationship with China, Prime Minister Hun Sen had apparently had enough yesterday – lashing out at the media and analysts he termed “crazy” in what proved an unexpected conclusion to the 20th ASEAN Summit. The premier spent ...
http://www.phnompenhpost.com/index.php/2012040555451/National-news/hun-sen-we-wont-be-bought.html
S’ville port reports revenue up 16% in Q2, profits drop
Cambodia Stock Exchange- (CSX-) listed Sihanoukville Autonomous Port (PAS) saw a 16.55 per cent year-on-year increase in revenue during the second quarter of this year, according to an unaudited report filed on the exchange. In the second quarter of this year, the port earned $20.42 ...
Hin Pisei
https://www.phnompenhpost.com/business/sville-port-reports-revenue-16-q2-profits-drop
Lower fuel prices no remedy for troubled transport sector
While local petroleum prices have dropped by nearly a quarter of their value since the start of the year, companies operating in the Kingdom’s highly competitive transportation sector insist they have not been able to convert lower fuel costs into higher profits – even when ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/lower-fuel-prices-no-remedy-troubled-transport-sector
Land dispute pits PM’s brother against Brigade 70 general
The Kampong Speu Provincial Court has joined the fray in a land battle between Hun Sen’s elder brother and a general attached to RCAF’s infamous Brigade 70, ordering a halt to its clearing.A court officer, joined by 20 local authority officers and several members of ...
Phak Seangly
http://www.phnompenhpost.com/national/land-dispute-pits-pms-brother-against-brigade-70-general
PPSEZ plans bookbuild for scaled-back IPO
Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo
Pilot project for disabled in Pailin to spread
Pailin province will be ground zero for a Ministry of Social Affairs’ pilot project that will offer 20,000 riel stipends monthly to poor, disabled citizens, according to ministry officials. The funds will be distributed to citizens for set amounts of time based on their level ...
Mom Kunthear
http://www.khmertimeskh.com/news/21618/pilot-project-for-disabled-in-pailin-to-spread/
Tycoon denies timber accusations in Mondulkiri
After ignoring summonses for two months, a prominent timber tycoon accused of illegally trading luxury-grade wood in Mondulkiri province appeared at court to deny his involvement in the case.203; Sam Ol was summonsed on October 12 to testify after the authorities’ anti-logging task force found ...
Phak Seangly
http://www.phnompenhpost.com/national/tycoon-denies-timber-accusations-mondulkiri
Licences to log SLCs are ordered revoked
The Council of Ministers has ordered licences granted to private companies to log and collect timber from social land concessions (SLC) and state-owned land revoked, following years of allegations that some companies were exploiting the permits to carry out illegal logging. The council on Monday released ...
Phak Seangly and Yesenia Amaro
http://www.phnompenhpost.com/national/licences-log-slcs-are-ordered-revoked
Tourist arrivals top estimates
The number of tourists to arrive in Cambodia in 2012 was at least 200,000 higher than expectations, possibly reaching 3.5 million, officials said yesterday. Thong Khon, Minister of Tourism, told the Post yesterday that in the first 11 months of 2012, Cambodia received 3.2 million tourists, ...
http://www.phnompenhpost.com/2013010160559/Business/tourist-arrivals-top-estimates.html
Cambodia unveils 1st home-made cars
Cambodia’s Heng Development Company on Monday unveiled the first-ever electric-powered cars manufactured by its factory in Kandal province. The show was made after the firm has completed the construction of a 20 million U.S. dollar car manufacturing plant branded ” Angkor” in Kandal province’s Takhmao district. Speaking ...
http://news.xinhuanet.com/english/world/2013-01/07/c_132085823.htm
Passport fee latest wrinkle in factory workers’ Thai plight
A rights group has raised concerns that up to 100 Cambodian migrant workers at a Thai seafood processing factory will be stranded abroad in less than a week without any income because they cannot afford to pay a passport fee demanded by their employer. Of the ...
Insurance, banks join forces
Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...
http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html
International expo in Cambodia to boost garment sector
The four-day second Cambodia International Machinery Industrial Fair (CIMIF 2012) has begun in Cambodia’s capital Phnom Penh. Leading global brands of industrial equipment for textiles, garment and accessories are among the more than 200 exhibitors from 20 countries displaying their products. The exhibition provides a ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=114673
Leaders of Japan, China to Attend Asean, East Asia Summits
The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...