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Local cashew nut exports increasing

Cambodia’s cashew-nut exports increased sharply from 443 tonnes in 2011 to 4,453 tonnes last year, according to the Ministry of Commerce. But observers say these figures do not reflect reality, as a large percentage of exports had not been recorded. An expert in cashew nut production, ss='cambodia-color'>...

http://www.phnompenhpost.com/2013020661205/Business/local-cashew-nut-exports-increasing.html

Cambodia’s garment industry expanding

Both exports and imports of garment materials rose more than 17 per cent in the first quarter of the year compared with the same period last year, reflecting a growth in Cambodia’s biggest industry. Exports of garment and textile materials went up by 17.5 per cent ss='cambodia-color'>...

http://www.phnompenhpost.com/2013060466032/Business/cambodia-s-garment-industry-expanding.html

Industry Ministry to Be Split, New ‘Handicraft’ Focus

The National Assembly is set to dismantle the Ministry of Industry, Mines and Energy, rebuilding it as the Ministry of Mines and Energy and creating a new Ministry of Industry and Handicrafts, a senior CPP lawmaker confirmed on Friday. The move comes just a few weeks ss='cambodia-color'>...

Kuch Naren
http://www.cambodiadaily.com/news/industry-ministry-to-be-split-new-handicraft-focus-46782/

Hun Sen leaves for Laos

Prime Minister Hun sen left on Thursday for two-day visit to Laos. The delegation accompanying Hun sen included Foreign Minister Hor Namhong, Cabinet Minister sok An and other members of the Royal Government. A number of agreements will be signed during his visit. The Ministry of Foreign ss='cambodia-color'>...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=OTNkNGI3NTlhNmY

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.s. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ss='cambodia-color'>...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

Brown Coffee Chain Expands With Third Store

What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ss='cambodia-color'>...

Acleda readies to open Myanmar’s first micro-finance firm

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ss='cambodia-color'>...

http://www.phnompenhpost.com/2013011760823/Business/acleda-readies-to-open-myanmar-s-first-micro-finance-firm.html

Top Hotels Fully Booked Ahead of East Asia, Asean Summits

Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ss='cambodia-color'>...

http://www.cambodiadaily.com

Rubber Firm Accused of Illegal Deforestation

A rubber company that has been repeatedly accused of encroaching on communal land belonging to an ethnic minority in Ratanakkiri province has cleared 150 hectares of forest outside of its economic land concession (ELC) in the past month, according to the senior investigator for local ss='cambodia-color'>...

http://www.cambodiadaily.com/news/rubber-firm-accused-of-illegal-deforestation-20367/

New Battambang Passport Office Caters to Migrant Workers

The government announced Monday that it will open a new passport office in the northwest province of Battambang, the first such office outside Phnom Penh. In a statement, posted to the Ministry of Interior website, the ministry said that the new passport office will serve people ss='cambodia-color'>...

http://www.cambodiadaily.com/news/new-battambang-passport-office-caters-to-migrant-workers-28788/

Samsung pushes for 30 stores in Kingdom

SamSung planS to more than quadruple itS number of StoreS &ndaSh; currently Seven &ndaSh; in the Kingdom, aiming to have 30 brancheS by the end of thiS year. The move will extend itS lead aS the electronic brand with the moSt StoreS here, and comeS aS SS='cambodia-color'>...

http://www.phnompenhpost.com/2013052865864/Business/samsung-pushes-for-30-stores-in-kingdom.html

NGOs ask PM to axe Koh Kong dam plans

A coalition of NGOs yesterday implored Prime Minister Hun sen to shelve the government’s plans for the stung Cheay Areng hydropower dam in Koh Kong province and instead turn the wilderness area in question into an eco-tourism site. ss='cambodia-color'>...

Shane Worrell
http://www.phnompenhpost.com/national/ngos-ask-pm-axe-koh-kong-dam-plans

Railway leaves area in limbo

In 2009, a railway project official arrived at 45-year-old Ry Preng’s home in Por sen Chey district and spray-painted “1.042” in red on the side of his house. He wasn’t sure what it meant, but was told that at some point he would need to ss='cambodia-color'>...

Daniel de Carteret
http://www.phnompenhpost.com/business/railway-leaves-area-limbo

As lake disappears, a development dilemma

Looking out from his house, held up by three-meter stilts on a peninsula that juts into Boeng Tompun lake, Chan sokhom can see the sand inching closer to him every day. Within a few years, the sand will likely reach his doorstep. By then, Mr. sokhom ss='cambodia-color'>...

Cameron Rhoads and Sek Odom
http://www.cambodiadaily.com/news/as-lake-disappears-a-development-dilemma-62718/

Recruitment agencies operate without oversight

In June, after about a quarter million migrant workers returned from their jobs in Thailand fearing the military junta’s crackdown on illegal labor, Cambodia’s government announced it had slashed the cost of emigration, and would charge workers only $49 to legally return to work across ss='cambodia-color'>...

Phorn Bopha and Alex Consiglio
http://www.cambodiadaily.com/news/recruitment-agencies-operate-without-oversight-65497/

Cambodia and China Ink Aid, Trade Deals

Prime Minister Hun sen and a visiting top Chinese official on saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ss='cambodia-color'>...

http://www.camnet.com.kh/cambodia.daily/

U.S. Ambassador to Cambodia returns from reverse trade mission in U.S.

U.S. AmbaSSador to Cambodia, William E. Todd returned from a reverSe trade miSSion in the United StateS to promote trade and inveStment opportunitieS in Cambodia. Around 50 Cambodian buSineSS repreSentativeS accompanied Mr. Todd in meetingS with Several U.S. buSineSSeS, inveStorS, and trade aSSociationS in Long Beach, SS='cambodia-color'>...

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

Companies in Talks to Build Helicopter Factory

A U.S.-Korean joint venture iS in talkS with the government to build a helicopter manufacturing plant and a training facility for helicopter pilotS and mechanicS, an aviation official and a company repreSentative Said thiS week. Richard Pak, a repreSentative of South Korean firm Samik Bio Energy SS='cambodia-color'>...

http://www.cambodiadaily.com/business/companies-in-talks-to-build-helicopter-factory-5362/

Senator's 2nd Sugar Refinery to Start Up Monday

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun sen said yesterday. He said the refinery would be ss='cambodia-color'>...

http://www.cambodiadaily.com

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