Vietnam trade passes $2bn
Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...
http://www.phnompenhpost.com/index.php/2011102852398/Business/vietnam-trade-passes-2bn.html
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
More Than 250 Firms Hold Mining Licenses
Almost 200 mining companies currently hold government licenses to mine construction materials such as granite, or to extract minerals, while another 53 firms are licensed to explore for mineral wealth, according to a Ministry of Industry, Mines and Energy report released Friday. Among these firms, 47 ...
Family’s bleak vigil ends
It was the grimmest of homecomings yesterday for the family of Ouk Sakan as the body of the 40-year-old domestic worker was repatriated from Malaysia, ending a bleak vigil that began with her death more than four months ago. Na Rith said his cousin had worked ...
http://www.phnompenhpost.com/index.php/2012031955117/National-news/familys-bleak-vigil-ends.html
Protection groups partner up
An initiative aimed at boosting the level of child protection in five Cambodian provinces was launched in Phnom Penh yesterday. The Partnership Program for the Protection of Children, which brings together the Cambodian government, UNICEF, Friends International and nine grassroots NGOs, is aimed at better coordinating ...
http://www.phnompenhpost.com/index.php/2012032155158/National-news/protection-groups-partner-up.html
Tourism minister to Thai border
In an attempt to foster tourism on the Cambodia-Thai border, tourism officials this week visited the Cham Yeam border crossing in Koh Kong province. Warming relations with Thailand’s newly elected Prime Minister Yingluck Shinawatra are expected to improve cross-border tourism, which deteriorated after border clashes ...
Kingdom's fish exports in decline
The Kingdom’s fish exports declined 48 per cent in the first nine months of 2011, as a result of growing local demand, according to Ministry of Commerce figures. The statistics showed that Cambodia’s export of fish totalled 1,099 tonnes from January to September, compared to 2,123 ...
Even the Cambodian elite have to pay taxes, ministry warns
The Ministry of Finance has warned Phnom Penh’s wealthiest property owners that they will be harshly penalized if they fail to pay property tax due by the end of the month. According to a notice issued by the ministry on October 27, the window for tax ...
Prices steady in October
Consumer prices in the Kingdom rose about five per cent year-on-year in October, according to the National Institute of Statistics, though they held steady from September. Declining food and fuel prices, along with an appreciating US dollar, were listed as the main reasons for the stabilisation ...
http://www.phnompenhpost.com/index.php/2011113053042/Business/prices-steady-in-october.html
Tourism turmoil continues
Cambodia Association of Travel Agents president Ang Kim Eang yesterday released a statement denying all allegations of wrongdoing against him by some members of the association’s board who have called for his resignation. Last Wednesday, 11 of CATA’s 15 board members signed and thumb-printed a petition ...
http://www.phnompenhpost.com/index.php/2011122753627/Business/tourism-turmoil-continues.html
Imports Fill the Gap as Domestic Silk Production Dwindles
Cambodia is importing hundreds of tons of silk from China and Vietnam to compensate for a fast-declining domestic industry, which is suffering due to producers opting to grow other crops instead or raising silk worms, according to silk producers. Men Sinoeun, director of the Artisans’ Association ...
Prime Minister: Take back islands from inactive developers
The government will “take back” land on roughly 30 islands from private companies that have not made progress on planned developments, Prime Minister Hun Sen said in a speech on Monday that also targeted land-grabbing villagers and idle provincial governors. ...
Phak Seangly and Daphne Chen
https://www.phnompenhpost.com/national/prime-minister-take-back-islands-inactive-developers
US senators call for GSP trade privilege cut
Two US senators on Wednesday introduced the Cambodian Trade Act of 2019 bill, requiring the administration to re-examine Cambodia’s eligibility to access the preferential trade treatment granted by the US under the General System of Preferences (GSP). ...
Hor Kimsay
https://www.phnompenhpost.com/business/us-senators-call-gsp-trade-privilege-cut
Severe storm damages at least 20 houses in Koh Kong province
Northwestern and central Cambodia could see lightning and rainstorms in upcoming days, the Ministry of Water Resources and Meteorology warned on Tuesday, a day after storms damaged or destroyed at least 20 houses and a school building in Koh Kong province. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/severe-storm-damages-least-20-houses-koh-kong-province
Union group slams NSSF fainting move
The Cambodian Confederation of Unions (CCU) on Saturday criticised the National Social Security Fund (NSSF) for a statement that said faintings caused by low levels of essential minerals in workers’ blood are to be classed as an accident and not put down to bad working ...
Yon Sineat
https://www.phnompenhpost.com/national/union-group-slams-nssf-fainting-move
Researcher says Laos planning court case over disputed border
A senior scholar tasked with researching the borders said yesterday that Laos plans to file a lawsuit against Cambodia to the International Court of Justice over a border dispute in Stung Treng province. ...
Pech Sotheary
https://www.khmertimeskh.com/50494985/researcher-says-laos-planning-court-case-over-disputed-border/
Senate passes mineral resources law
The Senate yesterday passed an amendment on a law regulating mineral resources management and exploitation in a bid to regulate the mining sector and punish offenders. The Senate issued a statement yesterday, saying that the amendment was adopted unanimously by all senators. ...
Khy Sovuthy
https://www.khmertimeskh.com/50499817/senate-passes-mineral-resources-law/
Nearly $2B in investments cleared by CDC
The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, announced on Thursday that it had approved four projects with a combined total capital investment of nearly $2 billion. It said the four projects would create 11,193 jobs. ...
Hor Kimsay
https://www.phnompenhpost.com/business/nearly-2b-investments-cleared-cdc
CDC approves new steel plant in Kampong Speu
A project to build a $31-million steel-processing plant in Kampong Speu province was recently greenlighted by the government, according to an announcement by the Council for the Development of Cambodia earlier this week. ...
May Kunmakara
https://www.khmertimeskh.com/50505077/cdc-approves-new-steel-plant-in-kampong-speu/
Japan’s assistance for the Extraordinary Chambers in the Courts of Cambodia (ECCC)
On 28 December 2018, the Government of Japan disbursed an amount of USD1.2 million as its 2018 Fiscal Year contribution to the United Nations component of the ECCC budget. The Government of Japan decided to make this contribution to continue to support the judicial process of the ...
Embassy of Japan in the Kingdom of Cambodia