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Improved economic conditions boost land prices in Battambang city, province

Battambang land prices have increased this year, according to a local real estate firm. Sorn Seap, general manager of Key Real Estate, said land prices in Battambang city, capital of the province of the same name, have increased by around 12 per cent this year compared ...

Sum Manet
http://www.phnompenhpost.com/real-estate/improved-economic-conditions-boost-land-prices-battambang-city-province

Police chief admits wife is timber smuggler

A Toyota SUV and the load of illegally logged luxury wood found inside it on Monday belong to the wife of a district police chief in Tbong Khmum province, according to local officials, who say they have no intention of taking action against the couple. “We ...

Aun Pheap
https://www.cambodiadaily.com/news/police-chief-admits-wife-timber-smuggler-118251/

Cambodia's inflation slightly up to 3.8% in June

Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...

http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm

Commerce Minister announces reduction in petrol prices

Gasoline prices have been decreased by 300 Riel per liter, according to an announcement issued Thursday by Ministry of Commerce. The oil prices of four companies are decreased from current 5,050 Riel to 4,750 Riel per liter for gasoline, while from 4,750 Riel to 4,500 ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/commerce-minister-announces-reduction-in-petrol-prices-7695

Return to old party is to reunite royalists, Sihanoukists: Cambodian Prince Ranariddh

Cambodian Prince Norodom Ranariddh, a son of late King Norodom Sihanouk, said Monday that his return to be the president of the royalist Funcinpec Party is to reunite the royalists and Sihanoukists. The prince also said that the party will work closely with Prime Minister Hun ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-01/05/c_133897669.htm

Cambodia records almost US$2-B trade deficit in 9 months

Cambodia reported a trade deficit of 33% in equivalent to US$1.99-B in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday ...

http://www.livetradingnews.com/cambodia-records-almost-us2-b-trade-deficit-in-9-months-90475.htm

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

Unions will negotiate for a $180 minimum wage

A group of 17 union leaders will demand $179.60 when they sit down for the latest round of negotiations this week to determine the minimum wage in the garment sector, which employs more than 600,000 Cambodians. The monthly minimum wage is currently $140. The new figure ...

Ben Sokhean
https://www.cambodiadaily.com/news/unions-will-negotiate-180-minimum-wage-117581/

Cambodia's construction sector attracts 2.27 bln USD in 9 months

Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/31/c_132848042.htm

Sokha Hotel expected to open by september

The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/sokha-hotel-expected-to-open-by-september-63481/

Pornmoniroth calls for review of river port management

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) Tuesday called on the Economic and Financial Policy Committee (EFPC) to develop a management framework for the river port, connecting the river transport system with the sea. ...

Nhean Chamrong
https://www.khmertimeskh.com/501524645/pornmoniroth-calls-for-review-of-river-port-management/

Start date set for garment worker health checks

The Ministry of Labour’s spokesman yesterday said that free medical treatment for garment workers, announced by Prime Minister Hun Sen last week, will start on January 1. ...

Mom Sophon
http://www.khmertimeskh.com/5081004/start-date-set-garment-worker-health-checks/

Senate ratifies record draft budget law

The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement ...

Outrage over water prices

More than 1,000 villagers in Prey Veng province’s Prey Veng town blocked traffic on national road 11 outside the office of the Cambodian People’s Party yesterday to demand the price of water be lowered from 1,800 riels per cubic metre to 1,200 riels. The protesters, who ...

http://www.phnompenhpost.com/index.php/2012030654881/National-news/outrage-over-water-prices.html

Unfinished Railway Connected to Thailand

Cambodia’s northern railway line has been linked to Thailand at the border in Poipet City, officials said at a ceremony on Monday—although sections of track in Cambodia still need to be finished before trains can start running between the two countries. At a ceremony marking a ...

Aun Pheap
https://www.cambodiadaily.com/news/unfinished-railway-connected-thailand-118206/

Indian mining firm prepares to dig deep in Ratanakiri

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...

Aisha Down and Kang Sothear
https://www.cambodiadaily.com/news/indian-mining-firm-prepares-dig-deep-ratanakkiri-117474/

Hun Sen hopes days of post-election protests are finished

The three-month voter registration period opened on Thursday, with Prime Minister Hun Sen telling reporters after enrolling at his local commune office that he hopes the new voter registry will put an end to post-election protests. After the July 2013 national election, the CNRP refused to ...

Khuon Narim and Alex Willemyns
https://www.cambodiadaily.com/news/hun-sen-hopes-days-post-election-protests-finished-117491/

As surrogacy trade grows, government charts course

The government will meet this month to begin addressing concerns that the lack of regulation for the surrogacy trade could lead to a proliferation of brokers working in Cambodia and foreign couples traveling to the country to take advantage of their services. The Ministry of ...

Sonia Kohlbacher
https://www.cambodiadaily.com/news/surrogacy-trade-grows-government-charts-course-117169/

Investment in Cambodia's construction up 85 pct in 7 months

Construction sector had attracted the investment of $1.38 billion in the first seven months of 2012, a 85 percent rise from $747 million at the same period last year, a report from the ministry of land management, urban planning and construction showed on Monday. During the ...

http://www.globaltimes.cn/content/732180.shtml

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