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Cambodia records 1.32 bln USD trade deficit in H1

Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...

http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm

Exodus follows violent clash

Garment workers have begun leaving the area surrounding embattled Veng Sreng street en masse, following the outbreak of clashes early on Friday morning. An estimated 80 per cent of the more than 10,000 workers who live and are employed in the Meanchey district suburb have vacated ...

Mom Kunthear
http://www.phnompenhpost.com/national/exodus-follows-violent-clash

Focus now on flood’s aftermath

With the floodwaters receding following weeks of heavy rains, the National Committee for Disaster Management met with officials from 20 provinces on Friday to determine the scale of the devastation and begin planning the cleanup. The NCDM on Wednesday launched a disaster management database in ...

Sen David
http://www.phnompenhpost.com/national/focus-now-flood%E2%80%99s-aftermath

Angkor Wat ticket sales revenue up

Revenue from ticket sales to foreign tourists visiting Angkor Wat reached $41.4 million in the first nine months of 2013, a 14 per cent year-on-year increase, according to data from the Apsara Authority, which manages the site. Official data show that almost 1.5 million foreign ...

May Kunmakara
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-revenue

Cambodia sees slowdown in new business numbers in 9 months

The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...

Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E

Locals seeking justice after ‘broken deal’

Villagers in Ratanakkiri’s O’Chum district are demanding their land back, claiming buyers from a local company failed to uphold a 2007 deal. The 66 ethnic Kreung families filed a complaint on Friday after workers from a nearby rubber plantation started to slash and burn the 400 ...

Phak Seangly
http://www.phnompenhpost.com/national/locals-seeking-justice-after-%E2%80%98broken-deal%E2%80%99

Kampong Thom temples next on UNESCO wish list

Kampong Thom’s Sambor Prei Kuk temple complex will be the next Cambodian site nominated for inclusion on UNESCO’s World Heritage List, Deputy Prime Minister Sok An announced yesterday at the 20th Congress of the Indo-Pacific Prehistory Association (IPPA). The seventh-century complex, which predates Angkor Wat by ...

Stuart White
http://www.phnompenhpost.com/national/kampong-thom-temples-next-unesco-wish-list

Strike closes most Bavet factories

All but four garment factories in Svay Rieng province were closed yesterday, as a strike of thousands of workers there continued into its second week, a labour union official said. The strike, estimated to involve about 20,000 people across the province’s Tai Seng and Manhattan special ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strike-closes-most-bavet-factories

Acleda joins WEF growth club

Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...

Eddie Morton
http://www.phnompenhpost.com/business/acleda-joins-wef-growth-club

GTI price resilient over strikes

It’s been a testing month for Taiwanese garment manufacturer Grand Twins International (GTI), with recurring worker demonstrations and a new sector-wide minimum-wage level set just this week. But despite the turbulence, GTI stock – one of just two companies trading on the Cambodian Stock Exchange (CSX) ...

Eddie Morton
http://phnompenhpost.com/business/gti-price-resilient-over-strikes

New effort to get thousands of children into classrooms

More than 57,000 primary school-aged children across the country are currently missing out on an education, according to the Cambodian Consortium for Out of School Children (CCOSC), a new group set up to implement a major push to get young Cambodians into the classroom. Officially ...

Holly Robertson
https://www.cambodiadaily.com/news/new-effort-to-get-thousands-of-children-into-classrooms-77033/

Key post to PM’s son-in-law

Dy Vichea – son of the late National Police chief Hok Lundy and son-in-law to Prime Minister Hun Sen – has been appointed director of the Central Security Department at the Ministry of Interior, the National Police said yesterday. National Police spokesman Kirt Chantharith said that ...

May Titthara
http://www.phnompenhpost.com/national/key-post-pm%E2%80%99s-son-law

Teachers push ministry over nixed scholarship

More than 400 teachers who took part in an eight-month teaching course at the National Institute of Education (NIE) are demanding the government pay them scholarship funds that were initially promised only to be later axed over cost concerns. In a petition sent yesterday to the ...

Sen David and Sarah Taguiam
http://www.phnompenhpost.com/teachers-push-ministry-over-nixed-scholarship

Government permits tax exemptions on specific goods

The government has issued income tax exemptions for the textile and garment, footwear and luggage sectors that produced export goods hit by the European Union’s 20 percent Everything but Arms (EBA) tariff-free status withdrawal in February. ...

Sok Chan
https://www.khmertimeskh.com/50706195/government-permits-tax-exemptions-on-specific-goods/

Tools monitor air, water quality

A factory has volunteered to install new systems to check air and water quality while the Ministry of Environment is pushing another 20 factories to install this tool and connect it to the central station of the ministry so that it can check environmental quality ...

Ry Sochan
https://www.phnompenhpost.com/national/tools-monitor-air-water-quality

Talks to resume on offshore oil and gas

Thailand’s outgoing Energy Minister Sontirat Sontijirawong expects that there will be a resumption of talks to resolve the dispute of the offshore petroleum blocks in the overlapping maritime territories between Cambodia and Thailand after a delay of 20 years, according to a Bangkok Post report.203; ...

Sok Chan
https://www.khmertimeskh.com/50747626/talks-to-resume-on-offshore-oil-and-gas/

Getting ready for free trade with China

In fewer than 20 days the Cambodia-China Free-Trade Agreement (CC-FTA) comes into force after both countries signed the deal on Oct 12 during a two-day state visit by China’s Foreign Minister Wang Yi in Phnom Penh. ...

Sok Chan
https://www.khmertimeskh.com/50791954/getting-ready-for-free-trade-with-china/

Community to become first mango winemaker

A Tbong Khmum provincial farming community is on tenterhooks as it waits for its 11 20-litre batches of mango wine to ferment, in a new project backed by the provincial agriculture department as it explores new opportunities for the fruit. ...

Hin Pisei
https://www.phnompenhpost.com/business/community-become-first-mango-winemaker

Retail sector feels pinch of Covid-19 outbreak

Most retail businesses in Phnom Penh have seen a substantial plunge in sales since the February 20 community transmission, which continues to spread across the capital and to the provinces. ...

Thou Vireak
https://www.phnompenhpost.com/business/retail-sector-feels-pinch-covid-19-outbreak

Provinces tighten travel restrictions

Authorities in some provinces have restricted entry at their borders by setting up checkpoints and requiring travellers suspected of any exposure to persons or places linked to the February 20 community outbreak of Covid-19 to quarantine for 14 days. ...

Long Kimmarita
https://www.phnompenhpost.com/national/provinces-tighten-travel-restrictions

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