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Cambodia Real Estate Could Benefit From QE3

Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj

Cambodian parliament passes fire prevention law

Cambodia’s National Assembly on Tuesday adopted a draft law on fire prevention with jail term punishment for arsonists, neglected firefighters, and false information providers on fires. Ninety-four out of ninety-seven lawmakers, who were present at the session, passed the law, saying it would help maintain security, ...

http://news.xinhuanet.com/english/world/2013-05/07/c_132365226.htm

Gov’t Unveils Legal Plan to Break Garment Industry Strike

As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/

Cambodia eyes to become region's prominent gems, jewelry market

Cambodia has eyed to become a precious stone and jewelry hub in Southeast Asia region in the near future, Minister of Commerce Cham Prasidh said Thursday. Speaking at the opening of the 5th international gems and jewelry fair here, the minister said that with the fast ...

http://news.xinhuanet.com/english/business/2013-06/13/c_132452793.htm

Cambodian PM says state's institutions to be strengthened after opposition ends parliament boycott

Cambodian Prime Minister Hun Sen said Monday that the state’s institutions will be further strengthened after the opposition ended a 10-months long boycott of parliament over disputed election results in July last year. “The normalcy of all state institutions in the legislative, executive and judicial ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/11

Hun Sen’s Land Titles Receive Rare Praise From Germany

Since Prime Minister Hun Sen announced an ambitious new plan some 10 months ago to make nearly half a million families official land owners, hardly a week goes by that a rural community does not complain of local officials trying to scam the project. But when ...

http://www.cambodiadaily.com/news/hun-sens-land-titles-receive-rare-praise-from-germany-17312/

Thai Trade Expo Draws Thousands of Cambodian Visitors Despite Ongoing Border Row

Thousands of Cambodian people visited and bought Thai products on Thursday at a large scale exhibition although simmering border spat between the two countries remains unsolved. “Even though border dispute is still going on, trade and investment ties between Thailand and Cambodia are still good,” Amparwon ...

http://news.xinhuanet.com/english/business/2013-05/02/c_132355223.htm

North Koreans talk rice

North Korea aims to import rice from Cambodia, as well as explore for mineral resources, officials said yesterday. High-ranking officials from Pyongyang met with their Cambodian counterparts in Phnom Penh yesterday, signing agreements on economic and trade cooperation.The two countries had signed seven cooperation agreements beginning ...

(By Vong Sohkeng, pg. 7)
http://www.phnompenhpost.com/index.php/2011072850685/Business/north-koreans-talk-rice.html

Baffling Mass Faintings in Cambodia

It sounds like something from a Victorian novel – hundreds of young women falling, en masse, into a swoon. But this phenomenon has become a bafflingly common occurrence in modern-day Cambodia. The incidents have been limited to women working in a small number of the country’s ...

http://www.bbc.co.uk/news/business-14897130

HCM City hosts Lower Mekong Initiative Disaster Management workshop

HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City. The five-day Lower Mekong Initiative (LMI) Disaster Management workshop, ...

http://vietnamnews.vnagency.com.vn/Social-Isssues/215364/HCM-City-hosts-Lower-Mekong-Initiative-Disaster-Management-workshop.html

‘Guards are more than farmers in uniform’

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...

http://www.phnompenhpost.com/2013010860663/Business/guards-are-more-than-farmers-in-uniform.html

Cambodia’s garment workers to get pay rise for 2013

Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom’s garment and footwear industries, according to a press release after a closed door meeting. The meeting was attended by Minister of Social Affairs Ith Samheng, Minister of Labor ...

http://www.nzweek.com/world/cambodias-garment-workers-to-get-pay-rise-for-2013-43866/

Boeng Kak Women Meet US Ambassador for Women’s Affairs

Five women from the Boeng Kak lake community met with the U.S. ambassador-at-large for women’s affairs on Saturday in Siem Reap City, asking the U.S. to intervene in their case and put pressure on the Cambodian government to stop violence against women. Meeting on the sidelines ...

Cambodia's government takes back land

The government has slashed about 250,000 hectares of land from 79 economic land concessions (ELCs), forest concessions and wildlife protection concessions and will return it, replete with land titles, to “poor people”, January’s Royal Book says. The publication, issued on January 17 and obtained yesterday, says ...

http://www.phnompenhpost.com/2013020761237/National/cambodia-s-government-takes-back-land.html

Vietnamese Firm’s Land Concession Could be Canceled

The Ministry of Agriculture will ask Prime Minister Hun Sen to cancel a 4,900-hectare economic land concession belonging to a Vietnamese rubber company in Ratanakkiri province on the grounds that the firm has been illegally logging on a large scale, officials said yesterday. According to ...

http://www.cambodiadaily.com

Anti-Eviction Protesters Appeal to Obama

As Barack Obama was declared president of the United States for a second term yesterday, about 50 anti-eviction protesters for the Boeng Kak and Borei Keila communities camped out in front of the U.S. Embassy and appealed for the president’s help in addressing land rights ...

http://www.cambodiadaily.com/news/anti-eviction-protesters-appeal-to-obama-5315/

US Ambassador Seeks to Clarify Need for Debt Repayment

The U.S. ambassador to Cambodia has sought to clear up supposed misinformation about Cambodia’s debt to the U.S., which was racked up during the early 1970s by the U.S.-backed military government of Lon Nol and has become a contentious issue between the country. Cambodia has refused ...

http://www.cambodiadaily.com

Sweet Prospects

The sugar palm is a national symbol for Cambodia. Harvested by the country’s poor for centuries, no part of the palm tree goes to waste in a process that fashions the tree into a range of products. The durable and strong leaves are weaved into ...

http://sea-globe.com/sweet-prospects/

Families Ordered to Leave Disused Airfield Land in Preah Vihear

More than 25 families living on the site of the long-disused airfield in Preah Vihear province have been ordered to move off the land, a district official said yesterday. “The authorities are forcing residents to leave without compensation and this eviction is illegal because they ...

http://The Cambodia Daily

Business chambers merge with Eurocham

The French and German chambers of commerce have both merged into the larger European Chamber of Commerce in Cambodia in order to gain combined strength and be more effective as an interface between European business and the Cambodian government. The agreement is set to be formalised ...

http://www.phnompenhpost.com/2013062066376/Business/business-chambers-merge-with-eurocham.html

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