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Electricity co-operation crucial

Co-operation on the exchange of electricity will be very important in making the 10-country ASEAN bloc move forward to a single market by 2015, experts said, but a shortage of power supply in each country remains a challenge. Speaking to reporters yesterday after the opening of ...

http://www.phnompenhpost.com/2013052465820/Business/electricity-co-operation-crucial.html

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Preah Vihear visits on the up

As tensions subside between Thailand and Cambodia over the 11th-century Preah Vihear temple, site officials are welcoming a steady increase of international tourists. At 5,240, foreign visits are up 56 per cent in the first six months of the year, compared to the same period ...

http://www.phnompenhpost.com/2013070366630/Business/preah-vihear-visits-on-the-up.html

Tax revenues rise, but aren’t reflective of overall GDP growth

While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. Stephen Higgins, former CEO of ANZ ...

http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth

At Preah Vihear, tourists undeterred

Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...

Stuart White and May Titthara
http://www.phnompenhpost.com/business/preah-vihear-tourists-undeterred

Cambodian economy expected to remain buoyant: ADB

Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131002/cambodian-economy-expected-remain-buoyant-adb

Mfone Files Complaint With Court

The administrator charged with liquidating bankrupt mobile operator Mfone filed a complaint Tuesday with the Phnom Penh Municipal Court, requesting it to order two companies to pay money owed to Mfone after repayment negotiations apparently failed, the administrator said. Mobile payment service WING Cambodia Co. Ltd. ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/business/mfone-files-complaint-with-court-47959/

Medical students, Gov’t tussle over new exam

About half of the University of Health Science’s class of 2014 risks not graduating this year, having refused to register for a new compulsory final exam. A 2007 sub-decree states that a national-level examination for medical students would be implemented from that academic year onwards. But ...

Sinary Sany
http://www.cambodiadaily.com/news/medical-students-govt-tussle-over-new-exam-56780/

Police invite hit-and-run officer to ‘solve problem’

A police officer who has been implicated in a fatal hit-and-run has been asked by local police in Kandal province to come to their office and negotiate a settlement for the victims’ families, police said Sunday. Ek Sovannara—the son of Ek Krit, a former Kandal provincial ...

Aun Pheap
http://www.cambodiadaily.com/news/police-invite-hit-and-run-officer-to-solve-problem-56770/

Illegal Vietnamese fishermen caught in nighttime operation

A group of 13 Vietnamese nationals were apprehended by Cambodian fishermen on Sunday night while illegally fishing off the coast of Kampot province and are being held for repatriation, according to a village representative and the provincial governor. Neak Sen, a representative of a fishing community ...

Hay Pisey
http://www.cambodiadaily.com/news/illegal-vietnamese-fishermen-caught-in-nighttime-operation-58171/

Trademark registrations slightly increase in 2019

Registrations for trademarks rose slightly in the first 11 months of last year compared to the same period in 2018, the Ministry of Commerce’s Results Review and Implementation Plan for 2020 report stated. The report showed that trademark registrations rose by 2.13 per cent to ...

Thou Vireak
https://www.phnompenhpost.com/business/trademark-registrations-slightly-increase-2019

Rubber exports grow nearly 24% last year

The Kingdom’s rubber exports saw a 24 per cent increase over the first 11 months of last year compared to the same period in 2018, data from the General Directorate of Rubber obtained by The Post on Tuesday showed. Pol Sopha, the director-general of the ...

Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-grow-nearly-24-last-year

NBC’s digital payments to go live in next few months

The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more ...

May Kunmakara
https://www.phnompenhpost.com/business/nbcs-digital-payments-go-live-next-few-months

Rice exports surge in first half of 2024

Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/

Garment, shoe exports set to surpass $4bn

Buoyed by strong demand from the economies of Europe and North America, the total amount of garment, shoe and textile exports that left Cambodia last year was on target to surpass the $4 billion mark, dwarfing 2010’s total of $2.88 billion, the Garment Manufacturers Association ...

Conference looks at status of the Kingdom's small but growing insurance sector

While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...

http://etmcambodia.com

Gov't Denies Flouting Ban on Concessions

The government on Friday denied it had violated a moratorium on granting new land concessions when Prime Minister Hun Sen signed off on more than 20,000 hectares of land to three rubber companies 11 days after the ban was announced on May 7. According to documents ...

Construction Sector Faces Chronic Labor Shortage

Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...

http://www.cambodiadaily.com/news/construction-sector-faces-chronic-labor-shortage-19742/

World Bank Says Credit Growth Still a Risk

The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...

http://www.cambodiadaily.com/business/world-bank-says-credit-growth-still-a-risk-20690/

Cambodia scores high marks for renewable energy

Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MjRiYTU0NzYyNTR

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