Malaysia - Cambodia Trade And Investment Performance 2011
Cambodia and Malaysia trade and investment are increasing subsequently as the two members of ASEAN are trying to boost the integration for ASEAN community in 2015. The report from the embassy of Malaysia here said: as for trade performance in 2012, for the first quarter of 2012, Malaysia recorded an increase of 5.32 percent. Total trade ...
Cambodia, Indonesia to Sign 100,000 Ton Rice Trade Deal in August
Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...
Cambodia enters global marketplace, stock trading begins
After a string of false starts, Cambodia’s stock market finally started trading on Wednesday, marking a significant step forward for an impoverished country blighted by corruption and scarred by decades of civil war. But on Wednesday, traders were reaping fast gains as the price of ...
http://www.reuters.com/article/2012/04/18/cambodia-bourse-idUSL3E8FH30X20120418
Thai ban weighs on Cambodia's corn crop
A Thai ban on Cambodian corn and other agricultural products led to a 65 per cent year-on-year drop in the Kingdom’s corn exports during the first two months of the year, officials claimed yesterday. January and February exports fell to 2,333 tonnes from 6,694 a year ...
Growing Number of Strikes Worries Clothing Brands
Major clothing brands sourcing from Cambodia’s garment factories have expressed concern about the growing number of strikes in the country and called for the renewal of a memorandum of understanding (MOU) aimed at preventing strikes, a representative from the International Labor Organization (ILO) said yesterday. ...
Rubber price drops as exports increase
Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ...
Vehicle Imports up 45 pct in first half
Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...
Cambodia dispacthes 11,940 laborers abroad in first 6 months
Cambodia has sent about 11,940 laborers overseas in the first six months of this year, down 29 percent from 16,900 it sent over the same period last year, the figures of the Ministry of Labor showed Tuesday. In January to June period this year, the country ...
http://news.xinhuanet.com/english/world/2013-08/13/c_132627422.htm
First hedging deal transacted
ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...
Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted
China provides 33 mln USD in free-interest loan to Cambodia for development projects
The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/14/c_132888622.htm
Database looks at court flaws
Nearly half of defendants lack legal representation, 80 per cent are held in pretrial detention, and a sizeable chunk confess before they get a hearing, according to an online public database released yesterday by the Cambodia Center for Human Rights. The database reveals numerous infringements on ...
Laignee Barron and Chhay Channyda
http://www.phnompenhpost.com/national/database-looks-court-flaws
Government to Spend $13.7M on Appeal Courts
The government will spend a total of $13.7 million in the next three years to build new appeal courts outside of Phnom Penh along with free accommodation for judges and prosecutors across the country, according to the draft budget law for 2014, which is scheduled ...
Kuch Naren
http://www.cambodiadaily.com/news/government-to-spend-13-7m-on-appeal-courts-46853/
IMF Managing Director Christine Lagarde to Visit Cambodia
nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...
Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/
Large number of Chinese firms to join Cambodian expo
Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...
The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls
Turkey, Czech open embassies in Cambodia
The countries of Turkey and the Czech Republic have opened permanent embassies in Phnom Penh, Cambodia, according to Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation on Wednesday. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MTNjNDhiOWY2MzY
Increasingly, Cambodians Say They are ‘Suffering’: Poll
An increasing number of Cambodians see themselves faring worse, a Gallup polls suggests. In a global survey released earlier this month, the US-based firm ranked Cambodia near the very bottom in terms of life satisfaction, and it found that 34 percent of surveyed Cambodians consider themselves ...
Vannarin Neou
http://www.voacambodia.com/content/increasingly-cambodians-say-they-are-suffering/1819008.html
British institute preparing report on garment factory safety
Britain’s Royal Institute of Chartered Surveyors says it is preparing a report for the Cambodian government on possible steps to reassure garment buyers about factory safety. The report by the institute, which investigated the Rana Plaza garment factory collapse in Bangladesh last year, will also include ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2EyZTc5ODg0YWF
Labor ministry to inspect migrant worker recruitment agencies
The government today will begin strict inspections of agencies that recruit workers to send overseas, Labor Minister Ith Sam Heng said Tuesday. The labor minister has previously threatened to suspend or revoke the licenses of agencies that do not comply with labor laws. Speaking at a workshop ...
Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-to-inspect-migrant-worker-recruitment-agencies-54925/
Officials to rotate after eight years
The Ministry of Interior on Friday announced that provincial and municipal governors and deputy governors will now be reshuffled between provinces every eight years in a move that the ministry maintained would help “improve services”. ...
Vong Sokheng
http://www.phnompenhpost.com/national/officials-rotate-after-eight-years
Flood concerns eased by cassava price hikes
Despite flood damage causing reduced production levels, cassava farmers in Pailin province are benefiting from an increase in the purchasing price, provincial department of agriculture officials say. “This year’s harvest dropped to 25 tonnes per hectare from 30 tonnes per hectare last season because of the ...
Chan Muyhong
http://www.phnompenhpost.com/business/flood-concerns-eased-cassava-price-hikes-0