Evictees reject latest offer from UK sugar firm
Representatives for the 200 Cambodian families suing U.K. sugar firm Tate & Lyle for allegedly profiting off of their stolen land say they have rejected the firm’s latest offer to settle the dispute and are looking forward to their first court date, set for October. The ...
Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/evictees-reject-latest-settlement-offer-from-uk-sugar-firm-60869/
Latest property reports offer evidence of strong growth
In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...
Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth
Phnom Penh pagoda offers haven for the marginalized
When 200 villagers from Kratie province walked into Samakki Raingsey pagoda seeking safety and shelter early this month, they weren’t the first to do so. The villagers, whose homes in Snuol district had been torched by authorities just days earlier, were walking a well-trodden path—a path ...
Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/author/matt-blomberg/
Bilateral investment treaties offer investment protection through arbitration
Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F
CLMV markets offer huge opportunities for Thai brands
Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...
Watchiranont Thongtep
http://www.nationmultimedia.com/business/CLMV-markets-offer-huge-opportunities-for-Thai-bra-30264442.html
PM calls for more improvement of higher education quality
Prime Minister Hun Sen urged relevant institutions, especially the Ministry of Education, Youth and Sports (MoEYS) to further enhance the quality of higher education, particularly the doctorate degree. ...
Khmer Times Staff
https://www.khmertimeskh.com/501299546/pm-calls-for-more-improvement-of-higher-education-quality/
Minister urges ties with Asian nations
Cambodia must further integrate with its East Asian neighbours for future economic development, said Minister of Economy and Finance Keat Chhon. The financial crisis highlighted the need to diversify production, and Asia’s markets are ripe for increased Cambodian exports, he said. Speaking at the 7th ...
Islamic Microfinance Form to Be Established
A joint venture between Yayasan Restu, a Malaysian organization, and the Cambodian Muslim Development Foundation is set to establish a microfinance institution with $1 million in start-up capital. The institution will allow members of Cambodia’s Myslim community to obtain loans necessary to start small businesses. ...
Donors Mum On Aid Forum Postponement
Cambodia’s foreign donors are staying largely mum about the government’s decision to indefinitely high-level aid meeting, though one donor conceded that the move had caught it off guard. Economists also said yesterday that a delay in holding the donor meeting would have little effect, but ...
Cambodia says LDCs need more time for service industries
Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries ...
Cambodia’s Beauty Industry Blossoming
The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...
http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html
Thai princess funds the construction of two technology institutes in Cambodia
Thai Princess Maha Chakri Sirindhorn, a daughter of King Bhumibol Adulyadej of Thailand, has granted funds to build two institutes of technology in Kampong Thom and Kampong Speu provinces in order to provide technical education and training to poor Cambodian students. ...
Chea Vannak
http://www.khmertimeskh.com/news/16460/thai-princess-funds-the-construction-of-two-technology-institutes-in-cambodia/
Germany's finance firm lends 10 mln USD to Cambodian microfinance institution
German Investment and Development Corporation (DEG) on Thursday signed to lend 10 million U.S. dollars to a leading Cambodian microfinance institution Hattha Kaksekar. The loan deal was inked here between Herbert Jaeger, Vice President of DEG Representative Office in Bangkok, and Hout Ieng Tong, President and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/09/c_133032485.htm
More than 2,000 diplomas to be handed out by PM
Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/
Fashionistas Plan Extravanganza in Cambodia
2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...
Mikasa's Koh Rong factory Sees it join Japanese influx
Mikasa Corporation, a famous Japanese sports goods manufacturing company, is to invest more than $5 million in building a ball production factory in Cambodia’s Koh Kong Special Economic Zone (KKSEZ) and plans to start construction early next year according to officials. Hiroshi Suzuki, chief executive ...
Hun Sen Warns of Labor Shortage, Praises Japanese Investment
Cambodia is facing a grave labor shortage due to the large number of workers seeking jobs in Thailand, Prime Minister Hun Sen said yesterday, urging employers to help reduce illegal migration by improving working conditions at home. Mr. Hun Sen also applauded growing Japanese investment in ...
Big opposition gains
The ruling Cambodian People’s Party saw its ironclad grip on the National Assembly weaken dramatically, dropping 22 seats in winning 68 of 123, with the opposition the beneficiary and the CPP’s royalist coalition partners winning none at all in an election rife with alleged irregularities. Though ...
Commune bosses 'need skill upgrade'
Speaking on Monday, Dr Touch pointed to an opposition CNRP policy of eliminating the Ministry of Rural Development and offering $500,000 dollars to commune chiefs to develop their local areas through projects such as road and bridge building. “We need commune chiefs who have studied to ...
Sen David
http://www.khmertimeskh.com/news/38908/commune-bosses--need-skill-upgrade-/
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...