Rice shipments up 165 per cent
Exports of Cambodian milled rice rose sharply during the first four weeks of this year, and traders are optimistic about the demand in Asian markets, particularly China. Figures from the one-stop service office at the Council for the Development of Cambodia (CDC) show the Kingdom exported ...
http://www.phnompenhpost.com/2013022261557/Business/rice-shipments-up165-per-cent.html
Trading Floor Silent Two Years After CSX Launch
It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/
Hungary trade, tourism ties to get boost
Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...
Thou Vireak
https://www.phnompenhpost.com/business/hungary-trade-tourism-ties-get-boost
Angkor Gold confirms $10m partnership deal
Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...
Eddie Morton
http://www.phnompenhpost.com/business/angkor-gold-confirms-10m-partnership-deal
Boost For Animal Healthcare
Cambodia’s promising animal feed sector will soon see support from a big pharmaceutical manufacturer which is now studying local demand for animal healthcare – a nearly untapped market. “We intend to introduce animal health business in Cambodia for our farm products and feed mills,” Khalid Baig, ...
http://www.phnompenhpost.com/2013051365566/Business/boost-for-animal-healthcare.html
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
ADB offers $15m loan for financial-sector growth
Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...
US Embassy Offered Praise for Court Verdicts, Cables Show
The conviction of a school teacher who abused an 11 year old girl was hailed by the US Embassy in Phnom Penh last year, it has been revealed by WikiLeaks. The diplomatic cables that were released speak of the support the US has for an ...
Apsara Authority warns of online posts illegally offering land
The Apsara Authority yesterday warned that it will take legal action against Facebook users who advertise land for sale located in the Angkor Archaeological Park. Apsara Authority spokesman Long Kosal said some Facebook account owners have advertised land for sale at the site which is ...
Pech Sotheary
https://www.khmertimeskh.com/50617075/apsara-authority-warns-of-online-posts-illegally-offering-land/
US offers $9M to boost public accountability NGOs
A $9 million grant to promote government accountability in Cambodia and strengthen nongovernmental groups across the country was announced on Tuesday by the U.S. Agency for International Development (USAID). ...
Janelle Retka
https://www.cambodiadaily.com/brief/us-offers-9m-to-boost-public-accountability-ngos-115386/
Prince Ranarridh offers support of government’s border policies
Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...
Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html
IFC offers Acleda Bank $50M for SME lending
The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending
As deadline passes, Borei Keila residents reject final offer
A deadline for a group of Borei Keila residents to accept compensation or leave their homes with nothing passed on Friday, with none of the residents agreeing to move to a resettlement site, and authorities saying they have no right to remain, but with no ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/deadline-passes-borei-keila-residents-reject-final-offer
China offers Cambodia $53 mln to develop water resources
Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...
Hun Sen Offers ‘Back Pay’ to Ousted Opposition Lawmakers
Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...
Colin Meyn
http://www.cambodiadaily.com/elections/hun-sen-offers-back-pay-to-ousted-opposition-lawmakers-42679/
Land dispute families turn down offer of new apartments
Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...
Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/
Judge’s past offers little hope for real reform
In the highest-profile sacking since Prime Minister Hun Sen promised to rid the government of corruption after the CPP’s shock losses in the July 2013 election, the Phnom Penh Municipal Court’s chief judge was removed this week amid claims that millions of dollars had reversed ...
Alex Willemyns and Khy Sovuthy
https://www.cambodiadaily.com/news/judges-past-offers-little-hope-for-real-reform-78371/
Expectations exceeded at new dental hospital
When Dr. Tith Hongyoeu opened Roomchang Dental and Aesthetic Hospital in a new 10-storey building on Street 184 just off Norodom Boulevard six months ago, it was the realisation of a dream come true for a poor boy from Kampong Thom province who grew up ...
P Vihear Concessions Raise Fears of Disputes
Earlier this month Prime Minister Hun Sen approved five more economic land concessions totally 44,780 hectares in the Preah Vihear province. Largely distributed to agri-business companies there is fear that the concessions will lead to deforestation. Heng Roy International, Heng You International, Lan Feng International, ...
Firms, gov't discuss $50m banana farm plan
Plans for a 5,000-hectare banana farming project in Koh Kong province, proposed last year by an Australian and a Japanese company, look set to go ahead, with state news agency Agence Kampuchea Presse (AKP) yesterday reporting that the project would cost $50 million. Last Friday, the ...