Trade with Vietnam climbs
Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year. The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from ...
http://www.phnompenhpost.com/index.php/2012050355944/Business/trade-with-vietnam-climbs.html
Clinton will attend ASEAN meet in Cambodia
WASHINGTON: US Secretary of State Hillary Clinton said Tuesday that she will take part in next month’s meeting of Southeast Asian nations and regional powers in Cambodia. Clinton met in Washington with Cambodia’s foreign minister, Hor Namhong, as the developing nation prepares to host this year’s ...
http://www.channelnewsasia.com/stories/afp_asiapacific/view/1207288/1/.html
Official Says Electricity Prices Set to Increases
State power company Electricite du Cambodge (EDC) plans to increase the price of electricity to make up for a drop in revenue this year, according to a Ministry of Industry, Mines and Energy official. “This year, oil prices went up, which meant the EDC did not ...
Phnom Penh court reopens investigation on land case
A verdict in the land encroachment case against a prominent businesswoman was not delivered as expected yesterday, after a judge ordered the case be re-investigated due to a lack of evidence. Phnom Penh Municipal Court tried Chhin Sokountheary, director of Layimex Holdings Group, in absentia on ...
http://www.phnompenhpost.com/National/phnom-penh-court-reopens-investigation-on-land-case.html
Cambodia's listed water supplier records revenue up 25 pct last year
The listed Phnom Penh Water Supply Authority (PPWSA) earned total revenues of 36.9 million U.S. dollars in 2012, up 25 percent year-on-year, according to the firm’s unaudited financial statement on Wednesday. The report said that the firm’s net income after tax was 8.56 million U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/20/c_132181099.htm
Villagers Demand That Power Company Lower Rates
More than 1,000 families in four communes in Kandal province’s Lvea Em district submitted a petition Sunday to local officials demanding that a private electricity company either lower its rates or the commune switch to cheaper state-run power, villagers and commune chiefs said yesterday. ...
US Senator Calls for Suspension of Military Aid to Cambodia
U.S. Senator Lindsey Graham last week submitted a resolution to the U.S. Committee on Foreign Relations requesting the suspension of U.S. military assistance to Cambodia until an independent investigation into July’s national election is conducted. The resolution was submitted on Wednesday to express “the sense of ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/us-senator-calls-for-suspension-of-military-aid-to-cambodia-45672/
Cambodia, China's Guangdong look to boost tourism cooperation
Representatives of 17 tourism- related companies from southeast Guangdong province of China on Friday met with their Cambodian counterparts in order to seek possibilities for tourism cooperation. The Chinese delegation was led by Zhao Yufang, Vice-Governor of Guangdong Province, while Cambodian side was headed by Pak ...
ECNS News Staff
http://www.ecns.cn/2013/12-14/92619.shtml
Cambodian garment export earns 5.53 bln USD in 2013
Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm
Cambodia’s aviation sector rapidly growing: report
Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report
Brands, international unions press Cambodian government on labor issues
Representatives from some of the world’s largest fashion brands and the leader of one of the world’s biggest union organizations met this week with Cambodian officials and local clothing manufacturers to demand better treatment and improve workplace safety for the country’s estimated 600,000 garment workers. Garment ...
Robert Carmichael
http://www.voanews.com/content/brands-international-unions-press-government-on-labor-issues/1923596.html
Cable shows cartel’s reach
A sex-trafficking network that included “high-ranking” government officials and had infiltrated Cambodian law enforcement agencies and NGOs for years worked to cover up Vietnamese sex rings and collect payoffs from illegal prostitution establishments in Phnom Penh. However, four years after a court finally convicted the police ...
Daniel Pye, Taing Vida and Alice Cuddy
http://www.phnompenhpost.com/national/cable-shows-cartels-reach
Government reclassified state’s properties
The government has reclassified 34,000 square meters of state public land to state private land, clearing the way for the ministries and other authorities in control to sell or rent the properties for private development. ...
Pav Suy
http://www.khmertimeskh.com/news/18223/government-reclassified-state---s-properties/
PPSEZ’s rethink after sharp profit fall
Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...
Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/
Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB
Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...
http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm
Ministry invites exporters to expo in east China
The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china
State borrowing may spike
Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...
MoC setting priorities, tapping African market via Middle East
The Ministry of Commerce (MoC) is making earnest efforts to reach out to uncharted African markets via the Middle East, while strengthening the existing major markets such as the United States, Canada, the European Union, and countries within the regional comprehensive economic partnership (RCEP). ...
Nhean Chamrong
https://www.khmertimeskh.com/501469165/moc-setting-priorities-tapping-african-market-via-middle-east/
Two years after offer, US yet to clean up war-era chemicals
Government officials on Thursday said they are still waiting for the U.S. Embassy to make good on a 2012 offer to clean up several barrels of the riot control agent CS that were dropped on Cambodia during the U.S.’ war with Vietnam and which the ...
Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/two-years-after-offer-us-yet-to-clean-up-war-era-chemicals-64930/
Cambodia wants Kuwait tourists
Tourism officials in the Kingdom have suggested that the Kuwaiti ambassador should push for direct flights between Cambodia and Kuwait, and invited Kuwaitis to invest in Cambodia’s soaring tourism sector. “We need more and more investment in the tourism sector,” said tourism minister Thong Khon. He ...
http://www.phnompenhpost.com/index.php/2012052956447/Business/cambodia-wants-kuwait-tourists.html