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Rubber industry growth a priority

Cambodia aimed to become one of the region’s main rubber producers over the next few years despite the industry’s low international recognition, officials said during the second Global Rubber Conference, held in Phnom Penh on Friday. To that end, the Kingdom had encouraged companies and investors ...

http://www.phnompenhpost.com/index.php/2011112852994/Business/rubber-industry-growth-a-priority.html

Rubber investments in Kingdom jump 255%

Investment in Cambodian rubber plantations increased by 255 per cent in 2011 on rising global demand for the commodity. There were 20 new projects worth US$675 million in the Kingdom last year, according to data from the Council for the Development of Cambodia. There were nine ...

http://www.phnompenhpost.com/index.php/2012022254647/Business/rubber-investments-in-kingdom-jump-255.html

Facing no opposition, Cambodia’s ruling party expects easy local election wins

Cambodia’s ruling party is preparing for local elections to be held in May, but few Cambodians appear to be paying much attention to what has become largely a sideshow after the Cambodian People’s Party banned the main opposition two years ago and handed their jobs ...

Sun Narin
https://www.voacambodia.com/a/facing-no-opposition-cambodia-ruling-party-expects-easy-local-elections-wins/4881573.html

Greater use of the riel will lower interest rates

A legal framework that ensures a “sound, strong and efficient” financial sector has ensured the swift expansion of banking services throughout the country, but borrowing rates remain high and a large segment of the population – primarily those in rural areas – face difficulties accessing ...

Riel Gains
http://www.khmertimeskh.com/news/36456/greater-use-of-the-riel-will-lower-interest-rates/

Cambodia's former opposition head says open to talks with PM

Cambodia’s former opposition leader Sam Rainsy said on Sunday he was open to talks with Prime Minister Hun Sen, who has held power since 1985, to end a crisis caused by the dissolution of the main opposition party ahead of elections in July. The Cambodia National ...

Prak Chan Thul
https://www.reuters.com/article/us-cambodia-politics/cambodias-former-opposition-head-says-open-to-talks-with-pm-idUSKBN1GG0S5

Price of imported raw silk decreases

The price of imported raw silk decreased to US$44 per kilogram even as raw silk production fell off, according to industry insiders. Imported raw silk dropped 12 per cent to $44 per kilogram compared to $50 per kilogram last May. Cambodia Craft Federation CEO Soeng Kemyun, said ...

http://www.phnompenhpost.com/index.php/2012091158633/Business/price-of-imported-raw-silk-decreases.html

Pakistan-Cambodia ties set to strengthen

PAKISTAN is looking to further improve its trade, investment and tourism ties with Cambodia, officials said. Data from the Embassy of Pakistan shows that bilateral trade between the two countries has been good in recent years. In 2011, the total value of two-way trade reached $16 ...

http://www.phnompenhpost.com/2012121760307/Business/pakistan-cambodia-ties-set-to-strengthen.html

Exports hold up despite EU slowdown

Cambodia has coped well in terms of exports despite the slowdown in some European economies, said the head of the IMF’s Asia-Pacific department last week. Anoop Singh, director for the department, said Cambodia has enjoyed many years of economic growth at about 6 per cent or ...

http://www.phnompenhpost.com/index.php/2012101959320/Business/exports-hold-up-despite-eu-slowdown.html

Job fair attracts a big crowd

Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information ...

http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html

ADB Report Links Corruption, Political Culture in Cambodia

The government is beset with high-level corruption, a lack of transparency in public procurements, poor auditing practices and political interference in the country’s main anti-corruption body, a report produced by the Asian Development Bank (ADB) sent to the media yesterday states. In a 66-page report that ...

http://www.cambodiadaily.com/business/adb-links-corruption-political-culture-6525/

Three More Airlines to Offer Flights to Cambodia

Three more international airlines will soon begin operating flights to Cambodia’s two main airports, according to Cambodia Airports, which owns and operates the facilities. Lao Central Airlines and Qatar Airways will offer flights to Phnom Penh, and Frankfurt-based Condor Air will fly direct to Siem Reap, ...

Cambodia’s Beauty Industry Blossoming

The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...

http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html

Japanese, Cambodia trade is up 19 per cent

Trade volume between Cambodia and Japan had grown 19 per cent in the first six months of 2013 compared with the same period last year, figures from the Japan External Trade Organisation show. Cambodian exports to Japan were up 31 per cent in the first six ...

http://www.phnompenhpost.com/business/japanese-cambodia-trade-19-cent

Cambodia’s tourism short of staff

Cambodia’s Ministry of Tourism says the country’s tourism sector is growing at an unsustainable rate that will cause a massive shortfall in skilled tourism-related labour. The ministry’s statistics department director, Kong Sopheareak, told local media that as tourist arrivals increase substantially every year, the challenge is ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-short-of-staff/

Cambodian opposition gets final approval to broadcast throughout nation

The Cambodian government has given the final nod to the main opposition party to operate a radio station and broadcast throughout the country as part of a deal reached in July, opposition leader Sam Rainsy said Wednesday. Sam Rainsy said that the party will begin ...

Joshua Lipes
http://www.rfa.org/english/news/cambodia/radio-11262014162644.html

Chinese-invested Bayon Airlines ready to start domestic flights in Cambodia

Cambodia Bayon Airlines (CBA), a wholly-owned subsidiary of the Aviation Industry Corporation of China, is ready to operate domestic flights in Cambodia later this month, the company said Monday. The MA60 aircraft will be mainly utilized to fly domestic routes within Cambodia. “Flight operations are scheduled ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141215/chinese-invested-bayon-airlines-ready-start-domestic-flights

Cambodia receives $3m grant

Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...

http://www.phnompenhpost.com/index.php/2012092758950/Business/cambodia-granted-3m-for-development.html

Siem Reap to build more roads to promote local economy

The Ministry of Public Works and Transport and Siem Reap provincial authorities have been studying the infrastructure development projects of 38 main roads of nearly 100 kilometers in total in Siem Reap city, to promote the economy, beauty and facilitate the travel of residents and ...

Pech Sotheary
https://www.khmertimeskh.com/50738917/siem-reap-to-build-more-roads-to-promote-local-economy/

Sand mining contracts cause serious concerns

The Ministry of Mines and Energy has called for bids for sand mining licences across 2,000 hectares in Koh Kong and Preah Sihanouk provinces. Sand mining is conducted mainly at open pits, beaches, inland dunes or from the dredging of ocean and river beds. ...

Jason Boken
https://www.khmertimeskh.com/50801310/sand-mining-contracts-cause-serious-concerns/

Pursat upgrades park, roads, drainage in bid to win ‘clean city’ title

The Pursat provincial administration is preparing to improve a riverside park with lighting, fix main roads and drainage systems as well as a wastewater treatment facility to beautify the town in a bid to win a clean city competition. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/pursat-upgrades-park-roads-drainage-bid-win-clean-city-title

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