US firms eye new markets in the Kingdom
VISA, Mastercard, Dell and Cisco Systems have been added to a growing list of US companies looking to enter the Cambodian market, according to Frances Zwenig, counsellor of the US-ASEAN Business Council. The financial services and information technology companies joined GE, Chevron, Johnson & Johnson ...
Hotels told to use own power
State-owned energy supplier Electricite du Cambodge (EDC) has sent letters to some of Phnom Penh’s four- and five-star hotels, asking that they switch to generators between 8am and 9pm this month — a move hotel-industry experts say would have a significant economic impact. In a letter ...
http://www.phnompenhpost.com/2013040264826/Business/hotels-told-to-use-own-power.html
PM Adviser given extra title at financial ministry
Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Economics and Finance, according to the Royal Book entry of August 22. In addition to his expertise in taxation, Vibol is also ...
Vietnamese Arrested With Illegal Wood Off Coast
Four Vietnamese nationals were arrested off the coast of Preah Sihanouk province Tuesday for allegedly smuggling illegally cut wood from the neighboring province of Koh Kong, officials said yesterday. Sak Sovann, crime unit chief for the Interior Ministry’s maritime border police department, said the four men ...
Rubber Gives New Bounce to Economy
Cambodia’s Prime Minister Hun Sen announced plans Thursday to encourage rubber smallholdings in a bid to expand production as the country promotes the cash crop as the number two commodity after rice. Hun Sen said the government will support not only large-scale rubber plantations but also ...
http://www.rfa.org/english/news/cambodia/rubber-04122012174332.html
Gaming outfit reports loss
Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...
http://www.phnompenhpost.com/business/gaming-outfit-reports-loss
Hundreds fired after garment strike ends
Management at one of Asia’s largest garment producers yesterday fired at least 600 employees, days after thousands returned to work following a two-week strike. Most of the workers fired by SL Garment Processing (Cambodia) Ltd – which supplies Gap, Levi’s and H&M – were members of ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/hundreds-fired-after-garment-strike-ends
Cambodia's rice export to reach 1 mln tons in 2015: commerce minister
Cambodia’s Minister of Commerce Sun Chanthol said Tuesday that the country is expected to achieve its goal of exporting one million tons of milled rice in 2015. “The country had exported more than 400,000 tons in 2013 and there is two years more toward the goal, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/21/c_133062965.htm
UN hamstrung in Ratanakkiri as more montagnards arrive
Local officials in Ratanakkiri province are actively preventing a team of U.N. workers in the area from making any attempt to reach nearly 40 Montagnard asylum seekers now hiding in the province. ...
Aun Pheap and Colin Meyn
https://www.cambodiadaily.com/news/un-hamstrung-in-ratanakkiri-as-more-montagnards-arrive-78387/
Graduates lacking skills: report
EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...
http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html
Inside the North Korean museum in Siem Reap
For more than a year, mystery has shrouded a museum in Siem Reap. The facts have been few and the details sparse. What’s known is that a North Korean company invested about $10 million for construction, and that artists from the hermit kingdom flew in ...
http://www.phnompenhpost.com/2013010260590/National/inside-the-north-korean-museum-in-siem-reap.html
Cambodia unveils strategy to attract Chinese tourists
Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...
http://news.xinhuanet.com/english/world/2013-06/19/c_132467692.htm
Critics Say Hun Sen’s Land Title Program Is Biased
A controversial land titling program set up by Prime Minister Hun Sen has been suspended ahead of the July 28 elections, but critics say the program should not be restarted. The titling program itself began in December 2012 and is expected to end after elections scheduled ...
Private universities fear new vocational schools
Private universities in the Kingdom will have more competition as the Education Ministry laid out plans yesterday to open more vocational schools to deal with the unprecedented number of graduating high school students. ...
Va Sonyka
http://www.khmertimeskh.com/news/14998/private-universities-fear-new-vocational-schools/
Senator says he found fake treaty online
On the first day of his trial on Friday, opposition senator Hong Sok Hour—who was charged with forgery and incitement in August for posting a video to Facebook that showed a fake border treaty with Vietnam—denied having fabricated the document, saying that he found it ...
Khuon Narim
https://www.cambodiadaily.com/news/senator-says-he-found-fake-treaty-online-96336/
Fake docs earn former official 3 years
The Phnom Penh Municipal Court yesterday sentenced a former consular official with the Foreign Ministry to three years in prison for signing false government documents to facilitate the sale of millions of dollars’ worth of luxury timber to Vietnam when he was stationed in Ho ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/fake-docs-earn-former-official-3-years
Rosewood export permits were faked, government says
The government claims not to have issued a single permit to export Siamese rosewood since it agreed to strict new trade rules for the exceedingly rare trees, and says it will look into a U.N.-managed database that states otherwise. ...
Zsombor Peter
https://www.cambodiadaily.com/news/rosewood-export-permits-were-faked-govt-says-114772/
Ministry warns media over fake product ads
Media outlets should review the health and agriculture products they advertise, as exposure to unlicensed medicine and insecticides can be fatal, the Ministry of Information has warned. ...
Pav Suy
http://www.khmertimeskh.com/5079494/ministry-warns-media-fake-product-ads/
Awareness training on fake goods for officials
Cambodia lacks the resources for implementing intellectual property rights, while relevant officers lack skills to monitor the import of counterfeit products, according to an official. Var Roth San, Head of the Secretariat of National Committee for Intellectual Property Rights (NCIPR) and Director of the Department of ...
http://www.phnompenhpost.com/index.php/2012101259266/Business/officials-trained-on-fake-goods.html