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Chinese continue to flock as region suffers

Cambodia’s tourism industry has benefited from the unrest that has hit much of the region, with Chinese tourists diverting their routes from problematic areas such as Thailand to the country, according to a report released Thursday by the Sydney-based Center for Asia Pacific Aviation (CAPA). Chinese ...

George Styllis and Cherie Chan
http://www.cambodiadaily.com/business/chinese-continue-to-flock-as-region-suffers-64963/

Jail terms for four in Mondolkiri mining fraud

The Phnom Penh Municipal Court on Monday convicted and imprisoned four people for their roles in a fraud case that involved the forging of Prime Minister Hun Sen’s signature to secure a mining license in Mondolkiri province. Al Romny, the 41-year-old director of the local company ...

Hay Pisey
http://www.cambodiadaily.com/news/jail-terms-for-four-in-mondolkiri-mining-fraud-65700/

Workers strike over sacking of unionists

About 500 workers who have been on strike at a Chinese-owned footwear factory in Phnom Penh for the past two weeks protested in front of the Ministry of Labor yesterday asking for the government’s help in resolving the dispute. On September 15, more than 1,000 employees ...

Ben Sokhean
http://www.cambodiadaily.com/business/workers-strike-over%E2%80%88sacking-of-unionists-68663/

Blows at capital protest

A union representative is accused of beating a rival over the head with a walkie-talkie during a factory protest yesterday in the latest burst of violence in one of Cambodia’s special economic zones. Bou Sokray, 25, a representative for the Coalition of Apparel Workers’ Democratic Union ...

http://www.phnompenhpost.com/index.php/2012032255198/National-news/blows-at-capital-protest.html

EU ban on Cambodian fish remains in place

More than one year after its fish products were banned from Europe, the industry and government has done little to ensure it will be lifted. The ban, instituted in early 2013, has hurt potential fish exports to a potentially lucrative trade partner. But EU officials say Cambodia ...

Suy Heimkhemra
http://www.voacambodia.com/content/eu-ban-on-cambodian-fish-remains-in-place/1952962.html

Economic Census 2011 Found About Half Million Establishments

About half a million establishments in Cambodia as of March 1, 2011 released the preliminary results of the Economic Census of Cambodia (EC 2011) released by H.E. Chay Than on August 8th in Phnom  Penh. The final results of EC 2011 will be released in ...

http://thesoutheastasiaweekly.com/

Qatar plans bank in Cambodia to enhance trade

Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...

http://www.phnompenhpost.com/2013022661598/Business/qatar-plans-bank-in-cambodia-to-enhance-trade.html

Ministry Lists Fees to Help Firms Avoid Graft Claims

The government has publicly issued lists showing the costs of fees that businesses must pay to authorities for various services, in an effort to help companies avoid making informal payments made illegal by the anticorruption law. The lists were drafted during the past year after Cambodia ...

http://www.cambodiadaily.com/news/ministry-lists-fees-to-help-firms-avoid-graft-claims-8434/

Hun Sen Reaches for Ambitious Income Target

Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...

http://www.cambodiadaily.com/business/hun-sen-reaches-for-ambitious-income-target-18766/

Cambodia Must Up its Game in Rice Exports

Cambodia announced two major bilateral trade agreements last month, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. Over the last few years, Cambodia has emerged as a major rice exporter in the region, due in large part ...

http://asiafoundation.org/in-asia/2013/05/01/cambodia-must-up-its-game-in-rice-exports/

Insurance revenue up 18.2% in first seven months

Revenue generated from insurance premiums in the first seven months of 2011 has grown 18.2% to $15.89 million compared to the same period last year, according to statistics released yesterday by the General Insurance Association of Cambodia. The figures show that revenue from fire premiums increased ...

Inflation weighs on Kingdom's rice exports

Cambodia’s rice export revenues jumped by more than 200% on increasing world food prices during the first eight months of the year, according to Ministry of Commerce data. Price increases, however, drove total exports down. Cambodia exported US$59.8 million in rice, or 105,452 tonnes, between January and ...

http://www.phnompenhpost.com/index.php/2011091551670/Business/inflation-weighs-on-kingdoms-rice-exports.html

Cambodia post delivers 40% revenue gain

Revenue at Cambodia’s postal service rose 40 percent in the first nine months of this year compared to the same period last year, an official at Cambodia Post said yesterday, attributing the rise to the postal service gaining complete independence from the Ministry of Posts ...

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

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 ...

http://www.phnompenhpost.com/index.php/2011090751482/Business/mending-fences-tourism-minister-to-thai-border.html

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 ...

http://www.phnompenhpost.com

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 ...

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