Rat meat on the menu at the Vietnamese border
Eating rat is a common phenomenon over the border in Vietnam, but increasing numbers of Cambodians in nearby villages are adopting rodent cuisine with relish. As many as three tonnes of rats are caught every day in Cambodia and exported to Vietnam to feed a ...
Toyota to Open Second Phnom Penh Outlet
Japanese automobile giant Toyota is set to increase its presence in Cambodia with a second sales showroom, according to a company manager. The move follows fellow Japanese automaker Mazda, which opened a new showroom in May. According to a report from newswire Bloomberg, Toyota executive vice president ...
http://www.cambodiadaily.com/business/toyota-to-open-second-phnom-penh-outlet-33328/
Recent Development and Economic Outlook
The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...
Officials remain calm despite flood deaths
Four people have died in flooding that has affected nine provinces over the past week, officials said Sunday. Two people died in flooding in Kratie province, one in Stung Treng province and another in Kandal province. The flooding has risen above the emergency levels in Kratie ...
Ouch Sony
http://www.cambodiadaily.com/news/officials-remain-calm-despite-flood-deaths-65601/
After poll, confidence dips: study
Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...
http://www.phnompenhpost.com/business/after-poll-confidence-dips-study
Rocket Internet blames poor tax compliance for pullout
Rocket Internet, the successful German-based internet copycat, says that despite its interest in Cambodia’s e-commerce market, tax issues in the Kingdom had forced it to “reposition” its projects. In July, the company launched an online retail site, saying it planned to invest millions in the country’s ...
EU Bike Import Shows Huge Shifts
The import flow of bicycles (excluding e-bikes) into the European Union is changing rapidly between countries What is in particular striking is the massive upswing in imports from Cambodia. In 2011 the European Union imported 366,000 bikes from Cambodia which took the country to the 9th ...
SRP Says Rural Gains Coincide With Land Grabs
While preliminary results from Sunday’s commune elections indicate that the SRP took a thumping in urban centers—the SRP lost all three of their commune chief positions in Phnom Penh—the party appears to have made gains in rural areas locked in land disputes. Though the figures are ...
Boutique hotels rising
An increasing number of boutique hotels are appearing in Cambodia and attracting foreign investment, insiders say, including a US$2 million investment in the Governor’s House, a newly opened, 10-room boutique hotel in Phnom Penh. The number of boutique hotels in Cambodia has increased rapidly, particularly in ...
http://www.phnompenhpost.com/index.php/2012070257135/Business/boutique-hotels-cambodia.html
ADB cites weaknesses of microfinance sector
THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...
Cambodia to stop HIV by 2020
During a presentation at the 2013 International AIDS Society Conference on HIV Pathogenesis, Treatment and Prevention in Kuala Lumpur, Malaysia, Cambodia showed its new initiative called “Cambodia 3.0” which aims to eliminate new infections of HIV by 2020. Cambodia had one of the fastest growing HIV ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=N2U3NjkyZDJiYTM
Scooter connects to phone
Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...
http://www.phnompenhpost.com/business/scooter-connects-phone
Cambodian to meet some MDG goals, deal landmine issues: envoy
Cambodia will meet some of the Millennium Development Goals by the end of 2015 and will continue to deal with landmine threats, said a Cambodian envoy to UN Tuesday at the General Debate of the UN General Assembly. The number of people below the poverty line ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/02/c_132767290.htm
Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
Missing land activist found
A land activist involved in a dispute who disappeared in January reunited with his wife in Phnom Penh on Friday. Sum Meun disappeared in Oddar Meanchey province on January 20, with Human Rights Watch (HRW) calling on the government to reveal his whereabouts, while a ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/missing-land-activist-found
Cambodia’s Economic Growth Will Help Poverty Reduction
Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...
Opposition urges China checks
Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...
http://www.phnompenhpost.com/index.php/2012081758136/Business/opposition-urges-china-checks.html
Factory clash has familiar feel
Two protesters and three factory officials were injured in a clash at a garment factory in Kampong Speu province yesterday as a report revealed that more than 60 unionists and workers were injured in such incidents in 2012. Vann Bun, a Free Trade Union activist, said ...
http://www.phnompenhpost.com/2013011860862/National/factory-clash-has-familiar-feel.html
SCB focus on Myanmar, Laos, Cambodia
Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...
http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia
Cambodia: Economic Performance and Reform Update
The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...