UN Delegates Call on Cambodia to Heed Envoy's Remarks
U.N. representatives from Japan, the European Union and Australia called on Cambodia to heed recommendations made in a report on human rights and economic land concessions by the U.N.’s envoy Surya Subedi at the Human Rights Council in Geneva Tuesday. While the E.U. commended Cambodia ...
Tiger Air's First Flight to Cambodia Lands Monday
Tiger Airways’ first flight from Singapore to Cambodia is scheduled to land at Phnom Penh International Airport on Monday morning, making it the latest airline to offer direct flights to the country. Deborah Yeo, a public relations consultant for Tiger Airways, said that beginning Monday, the ...
Hun Sen Asks China for Loan to Build New Road
Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned ...
Rice exports up 2 percent over last year
Cambodia’s total export of milled rice via the single window office slightly increased by two per cent over the first nine months of this year compared to the same period last year, according to data from the Ministry of Agriculture. Speaking at the Cambodian Rice Forum ...
The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts
Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...
Striving to make finance accessible
Access to finance could reduce violence, empower the most vulnerable in society and improve the livelihoods of Cambodia’s poorest people, a conference on community-led funding heard on Wednesday. Sarah Sitts, country manager of the international NGO Pact, introduced the funding model of savings-led micro-finance (SLMF). In ...
http://www.phnompenhpost.com/2013032964776/Business/striving-to-make-finance-accessible.html
Thai-Cambodian trade in Surin reaches new record high
The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...
http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190
Bank of China to raise business operations in Cambodia: deputy-governor
The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...
Villagers Camp Out to Protest ‘Land Grab’
More than 100 people from two communes in Kratie province’s Sambor district gathered yesterday for a three-day protest in front of the provincial office of Think Biotech, a Korean-owned timber company villagers say is encroaching on their land. As of yesterday evening, 10 armed policemen ...
http://www.phnompenhpost.com/2013052765854/National/villagers-camp-out-to-protest-land-grab.html
Cambodian Agricultural Research Center Honored
The Cambodian Center for Study and Development in Agriculture has been recognized for its contributions to Cambodians by the a group of experts at Food Tank. The US-based think tank said the center, known in Cambodia as Cedac, was responsible for higher yields in Cambodian agriculture ...
http://www.voacambodia.com/content/cambodian-agricultural-research-center-honored/1688200.html
Call for More Investment in Infrastructure
As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, according to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...
http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/
Food prices up 1.6 pct in April
Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...
http://www.phnompenhpost.com/2013070566683/Business/food-prices-up-1-6-pct-in-april.html
Textile Industry Gets Lessons From Korean Designers
Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...
http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/
Eviction threats for CNRP voters: villagers
A village chief in Preah Vihear’s Choam Ksan district has been accused by 40 villagers of threatening to evict members of Yeang commune who voted for the opposition Cambodia National Rescue Party. “He threatened to dismiss us from the village, because he found the names of ...
http://www.phnompenhpost.com/national/eviction-threats-cnrp-voters-villagers
Rice miller plans to export 10,000 tonnes
State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...
http://www.phnompenhpost.com/2013031461931/Business/rice-miller-plans-to-export-10-000-tonnes.html
China's Nanning City officials visit Cambodia to promote tourism ties
A group of about 20 officials and tourism-related business owners from Nanning City, capital of south China’s Guangxi Zhuang Autonomous Region, is visiting Cambodia to broaden bilateral relations and cooperation in tourism. The delegation is led by Yang Min, Nanning’s vice mayor. On Tuesday, the group ...
Thousands drawn to Prey Lang
More than 10,000 families have poured into an area of Prey Lang forest in Kampong Thom province since January, clearing 20,000 hectares of trees to sell as luxury timber and building houses, Prey Lang Community Network members claimed yesterday. Many are believed to be from ...
http://www.phnompenhpost.com/2013041165034/National/thousands-drawn-to-prey-lang.html
ADB supports integration of regional energy systems
Countries in the Greater Mekong Sub-region can save US$14 billion over the next 20 years if they integrate their power transmission systems, according to a senior official from the Asian Development Bank. A regional power grid connection would enable countries with hydro-power plants to export energy ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZGE3NWI5YWNjYTV
Bandith appeals while on the lam
Former Bavet town governor Chhouk Bandith has appealed — from hiding — his conviction for shooting three women at a protest earlier last year, his lawyer said. His attorney, Sun Bunnarith, said that he had filed the appeal about two weeks ago, and that Bandith’s ...
http://www.phnompenhpost.com/national/bandith-appeals-while-lam
CIMB says Local Investors Bring More Franchises to Cambodia
The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized ...