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A threat to Kingdom’s FDI

Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...

http://www.phnompenhpost.com/index.php/2011101452126/Business/a-threat-to-kingdoms-fdi.html

Cambodia's Developers Again Aim at Stars

PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...

http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj

Last of Boeung Kak Land Titles Handed Out, but Dispute Lingers

When Chhin Theang picked up the long-awaited title to her Boeung Kak home during a low-key ceremony at the Daun Penh district office on Monday, the moment was bittersweet. “We always had hope because we protested. We had to get land titles,” Ms. Theang said ...

WWF calls for action to save Mekong dolphins

Conservation group WWF on Wednesday called for urgent action to prevent the extinction of freshwater dolphins in the Mekong River, including the creation of special conservation zones. Entanglement in fishing nets, low calf survival rates and a steady degradation of the creature’s habitat are threatening ...

http://www.google.com/hostednews/afp/article/ALeqM5j7f8VM2dIyhl3y5V7bH_NUm77cWg?docId=CNG.5a6cab0fcdd7e341e00101949a99c732.51

Strong growth projected for Cambodia’s banking sector

National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...

May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector

Japanese Investment Grows; Hurdles Remain

Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...

http://www.cambodiadaily.com/business/japanese-investment-grows-hurdles-remain-5144/

Asian tourist numbers up, profits stagnant

The growth in international tourists visiting Cambodia is almost 27 per cent that of the numbers seen during the first six months of 2011, according to tourism officials who are predicting that the growth may be 25 per cent at the end of this year. Visitors ...

http://www.phnompenhpost.com/index.php/2012080757845/Business/asian-tourist-numbers-up-profits-stagnant.html

Former anti-drug czar’s appeal begins

Disgraced anti-drug czar Moek Dara’s appeal against his life sentence for convictions in 25 separate cases of bribery and masterminding a criminal enterprise began yesterday morning in Phnom Penh. Co-accused, former Ministry of Interior anti-drug police department chief Chea Leng also appeared at the Court of ...

http://www.phnompenhpost.com/index.php/2012082158187/National-news/former-anti-drug-czars-appeal-begins.html

Cambodia explores carbon

Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...

http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html

Cambodia-Japan trade volume up 14% in 3 months

Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...

http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm

Cambodian police clash with thousands of garment workers, 23 hurt

At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...

http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527

Cambodia opposition rallies for second day

Cambodian opposition supporters have taken to the streets for a second day, after thousands of protesters marched to the United Nation’s human rights office in the capital, Phnom Penh. They are urging the world body to intervene in the country’s political deadlock, and opposition leader Sam ...

Aljazeera News Staff
http://www.aljazeera.com/video/asia-pacific/2013/10/cambodia-opposition-rallies-second-day-20131024435425956.html

EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice

The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...

Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice

Turmoil marks year in labour

When unions and the Garment Manufacturers Association in Cambodia (GMAC) signed a memorandum of understanding in October last year, both sides were confident strikes in the Kingdom’s biggest export sector could be kept to a minimum. Not counting December, GMAC has recorded 131 strikes this ...

Shane Worrell
http://www.phnompenhpost.com/national/turmoil-marks-year-labour

Tens of thousands of Cambodia opposition protesters rally against PM Hun Sen's gov't

An estimated 40,000 opposition supporters took to the streets in capital Phnom Penh Sunday afternoon to demand the resignation of Prime Minister Hun Sen and a re-vote following allegations of serious irregularities during the July election. It was the 15th day of the opposition’s daily protests ...

People's Daily Online News Staff
http://english.peopledaily.com.cn/90777/8499072.html

IMF chief: Cambodia needs to invest more in education, infrastructure

The International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that Cambodia needs to invest more in education and physical infrastructure in order to lay the foundation for future success. While there has been good progress, Cambodia is still being held back by low ...

The Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131203/imf-chief-cambodia-needs-invest-more-education-infrastructur

Inflation Rate at 4.2% to October

Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...

Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/

Grand Twins sets listing date

Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...

Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-sets-listing-date

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/

Life as Living Nightmare Along National Route 6a

Two years after Prime Minister Hun Sen broke ground on a Chinese-funded project to widen National Road 6a in order to expand its capacity as a major trade and tourism thoroughfare, life for the tens of thousands of families living along the 50-km stretch of ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/life-as-living-nightmare-along-national-route-6a-51156/

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