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Shine on Pailin gems seen fading

THE precious stone industry in Pailin province is facing bankruptcy as supplies dwindle and locals turn to agriculture as their main source of revenue, provincial authorities told the Post. Pailin, long known for its rubies, sapphires and other precious stones, now depends on foreign imports to ...

http://www.phnompenhpost.com/index.php/2011122253558/Business/shine-on-pailin-gems-seen-fading.html

Cambodia's health care system struggles to cope with mentally ill patients

As soon as the clock struck seven in the morning, a commotion broke out in front of an old, yellow building inside the Khmer-Soviet Friendship Hospital. More than 40 people flocked to the main metal door separating them from the waiting area and consultation rooms. Some ...

Pichayada Promchertchoo
http://www.channelnewsasia.com/news/asiapacific/cambodia-s-health-care/2811180.html

$200 mil a year veggie imports to be slashed

The government has designated eight provinces to start boosting vegetable production from this year in a move to curb the capital flow of an estimated $200 million per year on imports from neighboring countries, mainly Vietnam.Vongsey Vissoth, secretary of state for the Ministry of Economy ...

May Kunmakara
http://www.khmertimeskh.com/news/34744/-200-mil-a-year-veggie-imports-to-be-slashed/

Cambodia-China tourism pact

A​ tourism​ development​ agreement​ was​ signed​ last​ week​ between​ Cambodia’s​ Ministry​ of​ Tourism​ and​ China’s​ Shanghai​ Spring​ International​ Travel​ Service​ Group​ to​ boost​ the​ influx​ of​ Chinese​ tourists​ to​ the​ Kingdom. In​ announcing​ the​ agreement​ on​ Saturday,​ Minister​ of​ Tourism​ Thong​ Khon​ said:​ “The​ memorandum​ ...

Chea Vannak and Sum Manet
http://www.khmertimeskh.com/news/30853/cambodia-china-tourism-pact/

China Believes Cambodia's Election Will Be Fair, Confirms Support

China believes a general election in Cambodia this year will be fair, a senior Chinese official said on Thursday, after the United States and the European Union withdrew support for the vote following the dissolution of the main opposition party. China is Cambodia’s biggest aid ...

Michael Martina and Robert Birsel
http://reut.rs/2DcCI6H

Soft loan from Sweden

Sweden loaned Cambodia US$57 million yesterday for economic country development and cooperation for the duration of 2012-2013. The agreement was made between Cambodia’s Economic Minister Keat Chhon and Swedish ambassador to Cambodia Anne Hoglund at the Council for the Development of Cambodia (CDC) yesterday morning. Keat Chhon ...

May Kunmakara
http://www.phnompenhpost.com/index.php/2012090658528/Business/soft-loan-from-sweden.html

Few S'pore-owned businesses in Cambodia: business owners

PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...

http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html

Thousands of Striking Factory Workers Briefly Block City Road

Nearly 6,000 striking garment factory workers briefly blocked Road 371 in Phnom Penh’s Meanchey district on Friday to bring attention to their demands for higher salaries, union officials and protesters said. Marking the third day of strike action, the mainly female workers moved into the middle ...

Real Estate Market Showing Signs of Recovery

Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...

http://www.voacambodia.com/content/real-estate-market-showing-signs-of-recovery/1580588.html

Inflation rose by 1.8 per cent in January

Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...

http://www.phnompenhpost.com/2013032264619/Business/inflation-rose-by-1-8-per-cent-in-january.html

Cambodia-U.S. trade up 11 pct in Q1

Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...

Shanghai Daily
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=216833

WASDE: all-rice imports raised to 23.0 million cwt

Global 2014/15 rice supply and use projections are lowered from last month.  Thailand’s 2014/15 rice crop is lowered 1.0 million tons to 19.5 million due to a reduction in dry-season plantings resulting from an on-going drought and a reduction in irrigation water availability concentrated in ...

AgWeb.com News Staff
http://www.agweb.com/article/wasde-all-rice-imports-raised-to-230-million-cwt-NAA-agwebcom-editors/

Thailand low-cost airlines relaunch, open brand-new links to Cambodia

Two Thai budget airlines have announced flights to Cambodia in a bid to spur bilateral tourism after the Covid-19 crisis, with one of them newly launching air links with the country, according to tourism ministry officials and representatives from the Kingdom’s main travel agent association. ...

Hom Phanet
https://www.phnompenhpost.com/business/thailand-low-cost-airlines-relaunch-open-brand-new-links-cambodia

MLVT invites unions to minimum wage talks on August 16

The Ministry of Labour and Vocational Training (MLVT) is inviting labour unions to the bargaining table for wage negotiations on August 16. The main item on the agenda are minimum wages for workers. ...

Nang Veasna
https://www.khmertimeskh.com/501335214/mlvt-invites-unions-to-minimum-wage-talks-on-august-16/

New travel association launches in Kingdom

The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...

http://www.phnompenhpost.com/index.php/2012022054612/Business/new-travel-association-launches-in-kingdom.html

Delaying Accounting Standard Implementing for NGOs

On 21 January 2019, the National Accounting Council of Ministry of Economy and Finance issued a statement on delaying accounting standard implementing for NGOs in accordance to the Prakas issued on 27 March 2018 on implementation of accounting standard report for NGOs.The statement covers some main information ...

National Accounting Council

Download: pdf

Maize has local farmers’ ears

Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/maize-has-local-farmers-ears

‘Little’ campaigning done for Senate polls

The National Election Committee said yesterday that three political parties standing for next week’s Senate election have done very little campaigning, while NGOs said it was a consequence of the main opposition party being dissolved. According to an NEC press release, the three parties that have ...

May Titthara
http://www.khmertimeskh.com/50109501/little-campaigning-done-senate-polls/

Cambodia's Economic Growth

The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...

http://www.etmcambodia.com/

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