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First mine licensed to draw gold

In a milestone for Cambodia’s nascent mining industry, the government has issued the first commercial mining licence to Mesco Gold, giving the Indian mining firm a green light to extract and process ore at its gold project in Ratanakkiri province, industry sources said yesterday. The landmark ...

Cam McGrath
http://www.phnompenhpost.com/business/first-mine-licensed-draw-gold

Turkish cosmetics firms eye market

Representatives of 21 Turkish cosmetics and self-care brands pitched their products to wholesalers, retailers and distributors at a cluster meeting in Phnom Penh yesterday, looking to get a foothold in one of Asia’s fastest-growing consumer markets.All but one of the brands had come to Cambodia ...

Ayanna Runcie
http://www.phnompenhpost.com/business/turkish-cosmetics-firms-eye-market

Pilot project for disabled in Pailin to spread

Pailin province will be ground zero for a Ministry of Social Affairs’ pilot project that will offer 20,000 riel stipends monthly to poor, disabled citizens, according to ministry officials. The funds will be distributed to citizens for set amounts of time based on their level ...

Mom Kunthear
http://www.khmertimeskh.com/news/21618/pilot-project-for-disabled-in-pailin-to-spread/

Cambodia business costs under fire

Private-sector representatives in Cambodia are deeply concerned by the government’s inability to reduce the cost of doing business in the country, and they warn that the country would start to lose investors if the situation did not improve. At a logistics forum hosted by the European ...

The Phnom Penh Post and ភ្នំពេញប៉ុស្តិ៍
http://www.nationmultimedia.com/detail/asean-plus/30338850

Mondulkiri villages to get REDD+ funds

Twenty villages in Mondulkiri province are set to receive at least $10,000 each as a result of the $2.6 million carbon credit purchase by the Walt Disney Company in 2016, under a scheme meant to protect the Keo Seima Wildlife Sanctuary, officials said yesterday.​This would ...

Yesenia Amaro and Phak Seangly
http://www.phnompenhpost.com/national/mondulkiri-villages-get-redd-funds

Millions of lobsters released into Cambodian waters

In an attempt to replenish the nation’s shellfish stocks, the Fisheries Administration has released seven million young lobsters into Cambodian rivers and the Tonle Sap Lake this year, officials said. Cambodia harvests about 100 tons of wild lobsters annually, although the market demand is for about ...

Exset Advances Cambodian STB Services with Hyundai Digital Technology

Exset has selected Hyundai Digital Technology (HDT) as its STB strategic partner, where HDT is presently providing MPEG4 Set-Top-Box service (STBs) for One TV, the first nationwide digital terrestrial TV platform service in Cambodia. Cambodian televisions are expected to switch to Digital Video Broadcasting Terrestrial ...

http://www.moneylife.in/business-wire-news/exset-advances-cambodian-stb-services-with-hyundai-digital-technology/32593.html

Cambodia: Kampot Port Development Hits Hurdle

A local investor revealed yesterday that the construction of the US$100 million Kampot sea port had been further delayed by rain. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said: “We are preparing to be better, and that may take some time. I am ...

Dredging Today Staff
http://www.dredgingtoday.com/2012/09/25/cambodia-kampot-port-development-hits-hurdle/

Trade barriers hinder growth of Cambodia's export industry

Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...

http://www.globaltimes.cn/content/737669.shtml

Cambodia unveils 1st home-made cars

Cambodia’s Heng Development Company on Monday unveiled the first-ever electric-powered cars manufactured by its factory in Kandal province. The show was made after the firm has completed the construction of a 20 million U.S. dollar car manufacturing plant branded ” Angkor” in Kandal province’s Takhmao district. Speaking ...

http://news.xinhuanet.com/english/world/2013-01/07/c_132085823.htm

Agreement for Government’s Jet Not Yet Signed

In the latest clarification from the government on the subject of it’s new private airliner, a senior aviation official said yesterday that the French-made Airbus A320 is not yet the property of Cambodia, as ownership documents have not been finalized. The 150-seat jet made its inaugural ...

http://www.cambodiadaily.com/news/agreement-for-governments-jet-not-yet-signed-11571/

Regional health insider talks Cambodian medical care

A French doctor established International SOS between Jakarta and Singapore 27 years ago. The company conducted emergency airlifts for patients to Singapore due to the lack of quality health services available in Indonesia at the time. The French-owned company now has a presence in 74 countries ...

http://www.phnompenhpost.com/index.php/2012051056078/Business/regional-health-insider-talks-cambodian-medical-care.html

Cambodia mulls over atomic energy power

Cambodia is mulling over a nuclear power option to feed its anemic energy sector, although private sector pundits called the rough plan a dream – a dangerous one at that. The government plans to use atomic energy in the future as oil, coal and biomass power ...

http://www.phnompenhpost.com/index.php/2012072057525/Business/cambodia-mulls-atomic-power.html

Banks Look to Offer Services Using Renminbi

Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...

Printing industry growing in the region

The printing industry, especially for packaging, is growing in Cambodia and the region, participants at a trade event in Phnom Penh said on Monday. “It has certainly developed, the demand is slowly rising,” Karen Prager, business unit manager at Rieckermann Cambodia, told the Post. The Drupa ...

http://www.phnompenhpost.com/index.php/2012111559747/Business/printing-industry-growing-in-the-region.html

Movement on migrant Memorandum of Understanding

A migrant worker Memorandum of Understanding (MoU) is back in the spotlight after Malaysia yesterday agreed to send a delegation of senior government officials to meet with their Cambodian counterparts tomorrow and Thursday. MoU talks are of mounting importance in the face of escalating evidence of ...

http://www.phnompenhpost.com/index.php/2012112059823/National-news/movement-on-migrant-mou.html

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

Co-op law will bolster agriculture sector: PM

WITH the passing of a law on farmers’ co-operatives, the government hopes to streng-then the country’s growing agricultural sector, Prime Minister Hun Sen said in a speech at the National Institute of Education yesterday. “In time, I believe that economic growth will be tremendous in rural ...

http://www.phnompenhpost.com/2013022761644/Business/co-op-law-will-bolster-agriculture-sector-pm.html

Cambodian buses in Saigon to be strictly controlled

In the petition to the National Road Administration, Deputy Director of the HCM City Department of Transportation – Mr. Duong Hong Thanh, reported that at the time the Vietnam-Cambodia agreement on land transportation took effect, only 40 cars of each country were allowed to cross ...

http://english.vietnamnet.vn/fms/society/74337/cambodian-buses-in-saigon-to-be-strictly-control.html

In carbon, gains for agriculture

Paying Cambodian farmers to capture carbon by not removing mulch during planting and harvesting would help support climate change mitigation, reduce soil deterioration and return higher yields in the long term, say leading agriculture experts. Speaking at a conference in Phnom Penh last Friday, Professor Rattan ...

http://www.phnompenhpost.com/2013062466434/Business/in-carbon-gains-for-agriculture.html

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