Mobile Banking Services On A Rise
F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...
http://www.phnompenhpost.com/2013050765437/Business/mobile-banking-services-on-a-rise.html
Cambodia attracts $2.28 bln investment projects last year: gov't report
Cambodia had granted licenses to 157 domestic and foreign investment projects with a total investment of 2.28 billion U.S. dollars in 2012, according to a report of the Council for the Development of Cambodia (CDC) on Tuesday. Domestic investors topped the chart among all investors last ...
http://news.xinhuanet.com/english/business/2013-01/29/c_132136638.htm
Second-hand, first in imports
Cambodia imported almost 10 times as many used clothes as new ones in the first 11 months of last year, according to statistics from the Ministry of Economy and Finance. Some 79,217 tonnes of used garments worth $61.5 million were brought in during that period, compared ...
http://www.phnompenhpost.com/2013030461731/Business/second-hand-first-in-imports.html
H&M Says Garments Made in Cambodian Factory Without Approval
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...
THIBIDI keen to bring about a transformation
THIBIDI has begun construction on Cambodia’s first transformer factory. The $2.5 million plant is being built in the Phnom Penh Special Economic Zone. The plant is the first investment by THIBIDI overseas, as the company is from Vietnam. ...
Organic fertilizers enter Cambodia
A local wholesale company, Brightway Group Co. Ltd., and leading Thailand-based organic fertilizer manufacturer and distributor, MSK Fertilizer Co. Ltd., signed a memorandum of understanding (MoU) yesterday for the entry of non-chemical fertilizers into the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/28401/organic-fertilizers-enter-cambodia/
Burger King chain to expand
Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...
Eddie Morton
http://www.phnompenhpost.com/business/burger-king-chain-expand
Court lays provisional charges against general
The deputy prosecutor at the Phnom Penh Municipal Court has laid provisional charges against a military general arrested in Takeo province on Thursday, according to a senior military police official, in a high-profile case linked to corruption claims that led to the sacking this week ...
Khy Sovuthy
https://www.cambodiadaily.com/news/court-lays-provisional-charges-against-general-78464/
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
Land dispute arrests soar 144 pct in 2012
The number of people arrested over land disputes jumped 144 percent from a year earlier to 232 in 2012, the Cambodian Human Rights and Development Association (Adhoc) said Thursday. Speaking at a news conference, he [Adhoc president Thun Saray] said Adhoc last year received 70 ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjk2OWQyMTBhNWE
Cambodia collects 122 mln USD in tax in last two months
Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.S. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. In the whole year of 2012, ...
http://www.asean-china-center.org/english/2013-03/08/c_132218418.htm
General Accused of Smuggling $1M In Goods
Military police in Preah Sihanouk province said yesterday that they impounded four trucks carrying retail goods worth about $1 million that a lieutenant general in the Royal Cambodian Armed Forces had imported from Thailand without paying tax duty. The unpaid import duty amounted to about ...
Some Return After Eviction From Coastal Resort Development
Thousands of people have been evicted from their homes to make way for a Chinese development in Koh Kong province. But some of the families have returned to their land, leaving a relocation site they say was insufficient for their needs. For families like those of ...
Gov’t rights report to be sent to UN
The government will today submit its second report to the UN Human Rights Council as part of the Universal Periodic Review (UPR) process that takes stock of human rights progress in each UN member state. Governments are required to report to the council every four and ...
Cheang Sokha
http://www.phnompenhpost.com/national/gov%E2%80%99t-rights-report-be-sent-un
UN urges Cambodia to hold companies to account over land disputes
Companies that have seized land, confiscated livestock and destroyed homes and property have gone unpunished, the UN special rapporteur for Cambodia has said. Surya Subedi, professor of international law at Leeds University, said all the communities he had met raised the issue of misconduct by ...
http://www.guardian.co.uk/global-development/2012/may/14/un-cambodia-companies-land-disputes
Ministry probes exports of luxury wood to Hong Kong
The Ministry of Agriculture, Forestry and Fisheries denied that it had allowed the exports of luxury wood from Koh Kong province to Hong Kong. ...
Nov Sivutha
https://www.phnompenhpost.com/national/ministry-probes-exports-luxury-wood-hong-kong
Kingdom's exports up 42% on garments, food
Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...
Tax revenues from casinos climb 25 per cent in 2011
The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime ...
Car industry association established
Three car import companies have established an automotive industry association to bring international standard quality vehicles to Cambodia. The companies are RMA Cambodia, Hung Hiep Cambodia and Envothech Cambodia. The objective is to boost the level of foreign investment in the sector Commerce Minister Cham ...
Villagers in Land Dispute Ask Hu Jintao’s Help
In an effort to stop their homes from being swallowed up by a Chinese mega-tourism project, Koh Kong villagers said they will submit a petition to the Chinese Embassy today, calling for intervention from visiting Chinese President Hu Jintao. Villager representative Tith Ten, 54, from Kiri ...