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UK to open investment office

The United Kingdom Trade and Investment Office would establish a permanent branch in Phnom Penh in the expectation that economic ties between the two countries would continue to grow, Cambodian and UK officials said yesterday. Bilateral trade has risen by 300 per cent during the past ...

http://www.phnompenhpost.com/index.php/2012051856232/Business/uk-to-open-investment-office.html

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

ANZ keen to exit Cambodia bank stake

Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...

The Business Times News Staff
http://www.businesstimes.com.sg/breaking-news/asia/anz-keen-exit-cambodia-bank-stake-20140325

Cambodia may present safer base for Taiwanese businesses

Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...

Hong Kai-yin, Huang Tsung-yuan, Tang Yu-lin and Staff Reporter
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140521000069&cid=1202

OIC delegation visits Cambodia

A delegation from the Organization of Islamic Cooperation (OIC) recently visited Cambodia to participate in an international conference organized by the Council for Development of Cambodia under the slogan “Islamic Education and Economic Development in Cambodia” in the capital Phnom Penh. Located in the southern portion ...

Arab News Staff
http://www.arabnews.com/news/604706

Two Vietnamese deported as census continues

Police in Ratanakkiri deported two more Vietnamese nationals living illegally in the northern province last week, bringing the number of expulsions to 14 as the Ministry of Interior’s census of foreigners continues, police said. This year’s census—which is now complete in Ratanakkiri, according to officials ...

Khy Sovuthy
http://www.cambodiadaily.com/news/two-vietnamese-deported-as-census-continues-67812/

Taiwan's 2015 overseas property investments likely to grow sharply

Taiwan’s outbound property investments are likely to increase significantly in 2015 amid growing interest in overseas markets and a slowdown in the domestic market, an investment consulting firm in Taipei said Saturday. Taiwan’s property investors are also looking at opportunities in emerging markets, including Vietnam ...

The China Post News Staff
http://www.chinapost.com.tw/taiwan/national/national-news/2015/02/23/429470/Taiwans-2015.htm

Successful drug raid nabs 3 as arrests continue to increase

Police arrested three people and confiscated about 1 kg of methamphetamine pills in a raid in Kompong Chhnang province on Saturday afternoon, the latest case in a year that has seen nearly three times as many meth busts as in the same period last year, ...

Saing Soenthrith
https://www.cambodiadaily.com/news/successful-drug-raid-nabs-3-as-arrests-continue-to-increase-96373/

US businesses optimistic

Half of US businesses operating in Cambodia believe that political stability in the country is such that they are confident in expanding their operations, according to an annual report by the American Chamber of Commerce in Singapore and the US Chamber of Commerce’s International Affairs ...

Sok Chan
http://www.khmertimeskh.com/news/28690/us-businesses-optimistic/

Seventh Chinese man arrested for kidnapping

Military police in Phnom Penh on Wednesday arrested a seventh suspect in the kidnapping of three Chinese men freed on Monday from their captors, who had detained them for two months in a bid to make them pay back loans with the help of their ...

Saing Soenthrith
https://www.cambodiadaily.com/news/seventh-chinese-man-arrested-for-kidnapping-103263/

Fisheries earnings scaled up

Earnings in the fishing sector rose by 62 percent during the first nine months of the year. However, growth in exports of inland fish as well as in marine production was flat during the January-September period compared with the same period in 2016. ...

Chea Vannak
http://www.khmertimeskh.com/5087445/fisheries-earnings-scaled/

Cambodia’s property market continues to trend upwards, evolve

2015 saw a spike in foreign direct investment (FDI), and the property sector was a big benefactor of these investments both in terms of headline investments in new development projects, and also from foreign individuals investing in one or numerous condos, SoHo units or strata ...

Post Staff
http://www.phnompenhpost.com/post-property/cambodias-property-market-continues-trend-upwards-evolve

Sub-decree could back evicted villagers’ claims

A little-publicized sub-decree signed in July and discovered by the Post yesterday in an NGO database raises questions as to whether the eviction on Saturday of six ethnic Kuoy families in Preah Vihear was in contravention of an order by Prime Minister Hun Sen. ...

Jack Davies and Kong Meta
http://www.phnompenhpost.com/national/sub-decree-could-back-evicted-villagers-claims

Boeung Kok residents petition World Bank over years-long land dispute

Residents of property development site, Boeung Kok, on Thursday gathered in front of an office of World Bank in Phnom Penh in order to present petition to the World Bank. They were seeking intervention from the World Bank to help solve years-long land dispute in their ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjgxMzRkNGNkZDQ

HLH to Expand With Corn, Rice Plantations

Singapore-listed firm HLH Group is planning to expand its presence in Cambodia with 90,000 hectares of corn, rice and soybean plantations planned over the next decade in Kompong Speu and Koh Kong provinces, an official at the company said yesterday. HLH Group came under scrutiny ...

(Simon Marks and Kuch Naren, p 29)
http://www.camnet.com.kh/cambodia.daily/

Gov’t Reveals Chinese, Korean Railway Plans

The Chinese and South Korean governments have been granted permission to build 565 km of new railroad in Cambodia and have already conducted feasibility studies, according to a government report released yesterday. In its annual report, the Ministry of Public Works and Transport said that plans ...

District Police Chief Removed Over Link to Sale of State Land

A district police chief in Kampong Chhnang province has been removed from his post over his alleged involvement in the sale of almost 130 hectares of state land to private buyers, provincial officials said yesterday. Kim Sareth, the chief of police in Toek Phos district, was ...

Finance Minister Lauds Boeng Kak's Tax Bill

The Finance Ministry has sent a letter to well-known businesswoman Choeung Sopheap thanking her for paying her taxes on the highly controversial filling in of Phnom Penh’s Boeng Kak lake, and holding her firm up as an example of corporate professionalism. Though Shukaku Inc., which is ...

http://www.cambodiadaily.com/news/finance-minister-lauds-boeng-kaks-tax-bill-11863/

Cambodia growth to continue, but development faces shortfalls

Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...

Lauren Crothers, P. 20
http://The Cambodia Daily

Cambodia to receive 4.5 million tourists by 2015

Cambodia expects to welcome 4.5 million tourists by 2015, increasing from 3.5 million in 2012, thanks to its cultural properties, Prime Minister Hun Sen said. “Undoubtedly, heritage and cultural tourism are playing a substantial part in this growth. Twenty years ago, when Angkor was inscribed on ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MDI0MmQ3MGJlNmR

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