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MFI deposits seen growing

The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...

http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html

Prey Lang activists halted on road

More than 300 activists from Kampong Thom province’s Prey Lang Community Network were stopped by district police yesterday as they were marching from the Vietnamese-owned CRCK Company to deliver a lawsuit in Sandan district calling for the postponement of alleged forest clearing and the “invasion” ...

http://www.phnompenhpost.com/2013021461350/National/prey-lang-activists-halted-on-road.html

Stronger ties with Cambodia sought ahead of rice-trading zone

Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...

http://www.nationmultimedia.com/business/Stronger-ties-with-Cambodia-sought-ahead-of-rice-t-30204273.html

Hun Sen Seeks Garment Factory Vote

Prime Minister Hun Sen on Saturday asked some 4,000 garment factory workers for their votes in July’s national elections at a rally in Phnom Penh attended by members of several CPP-aligned unions, according to those in attendance. Cambodian Union Federation president Choun Mom Thol said ...

http://www.cambodiadaily.com

Cambodia explores carbon

Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...

http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html

Despite Law, Minority Rights Receive Very Few Protections

The government does little to protect the rights and livelihoods of the country’s many ethnic minorities who are under constant threat from rapid development, representatives of indigenous groups said yesterday. “We have polices laws and guidelines to protect indigenous people, but we see that it doesn’t ...

http://www.cambodiadaily.com

More capital for factories

The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...

http://www.phnompenhpost.com/2013031361912/Business/more-capital-for-plants.html

Cambodian Land Rights Activist's Bail Plea Rejected

The Cambodian Supreme Court on Wednesday rejected a jailed land rights activist’s appeal to be released on bail, drawing criticism from rights groups who said the whole case smacked of political interference and should be thrown out. “I am having heart, respiratory, and stomach ...

http://www.rfa.org/english/news/cambodia/land-03272013191716.html

In Washington, ‘Mekong Days’ Puts River in Focus

Advocacy groups, environmentalists and policy-makers have wrapped up five days of events surrounding Mekong River issues in Washington. “Mekong Days,” a series of talks, films and other forums that ended Tuesday, highlighted issues in the region, where some 60 million people live. The Mekong River, a major ...

http://www.voacambodia.com/content/in-washington-mekong-days-puts-river-in-focus/1630640.html

Hun Sen Thanks Student Land-Titling Volunteers

Student volunteers from across the country yesterday took a break from their land-measuring duties to attend a pre-Khmer New Year ceremony at Phnom Penh’s Koh Pitch where they were presented with a thank-you letter from Mr. Hun Sen. Since Mr. Hun Sen launched the land titling ...

http://www.cambodiadaily.com

Japan provides 36 mln USD grant aid to Cambodia for clean water, education

The government of Japan on Wednesday signed to provide a grant aid of 36 million U.S. dollars to Cambodia for a clean water project and a human resource development project. According to a press statement, the amount of 33.4 million U.S. dollars goes for the ...

Xinhuanet Staff
http://news.xinhuanet.com/english/business/2013-06/05/c_132432490.htm

Moving towards e-commerce

Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...

http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html

Workers paid out on doorstop of election

A month-long battle to secure back pay waged by 750 garment workers has ended only days before the national election – with the government footing the bill. The $450,000 payout to the Pine Great (Cambodia) factory workers – whose factory owner skipped town in April – ...

http://www.phnompenhpost.com/national/workers-paid-out-doorstop-election

High Risk Seen in Kingdom’s Business Environment: Report

Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...

http://www.phnompenhpost.com/2013050265368/Business/high-risk-seen-in-kingdom-s-business-environment-report.html

Father Suing Rubber Firm for Beating His Three Children

The father of three children attacked with wooden sticks and steel poles by employees of well-connected DM Group in Ratanakkiri province has filed a lawsuit against the firm, and is asking for tens of thousands of dollars in compensation. .. The provincial court has charged the ...

http://www.cambodiadaily.com/news/father-suing-rubber-firm-for-beating-his-three-children-22805/

Egat wants coal plants in Cambodia, Myanmar, Krabi

Energy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia – providing Thailand with 10,000 megawatts of electricity. Egat has also been instructed to negotiate the ...

http://www.nationmultimedia.com/business/Egat-wants-coal-plants-in-Cambodia-Myanmar-Krabi-30205968.html

Against the Grain

On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...

http://www.chinaeconomicreview.com/china-rice-demand-market-import

Satellite cities a solution for overcrowded Phnom Penh

The coming sprawls of Phnom Penh’s new satellite cities will bring about not only opportunities but also challenges for the population. “Any urban area has to sprawl outside the main city areas so that it can keep up with the increasing demand of commercial land,” said ...

http://www.phnompenhpost.com/2013060666086/Real-Estate/satellite-cities-a-solution-for-overcrowded-phnom-penh.html

Work-related deaths, injuries rose in 2012

The number of officially recorded workplace deaths in Cambodia increased by more than 25 per cent from 2011 to 2012, while the vast majority of those injured at work were women, National Social Security Fund figures released yesterday reveal. A total of 59 people were reported ...

http://www.phnompenhpost.com/2013061466277/National/work-related-deaths-injuries-rose-in-2012.html

Noodle maker tries instant route

Cambodia has always been a source for a broad variety of raw materials  from the agricultural sector. The country exports many of these materials to neighbouring countries and other markets in the world – without turning them into new products. This lack of domestic processing has ...

http://www.phnompenhpost.com/2013062666486/Inside-Business/noodle-maker-tries-instant-route.html

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