Double-digit rise in tourist arrivals
Cambodia has seen an increase in the number of tourist during the first six months of the year of 13 percent according to the Ministry of Tourism. Increased direct flights to Cambodia are cited as the explanation for the increase. Tourists have been coming from ...
BBAC event set to lure British firms
The number of British companies operating in the country is expected to increase in the coming years, as the British Business Association of Cambodia (BBAC) gears up to chair the Kingdom’s first Britain in Southeast Asia conference next month. The conference, which is set to draw ...
Banking sector shows growth in 3rd quarter
Taking advantage of strong economic growth this year, two of the country’s largest banks have posted strong third-quarter earnings. Acleda Bank yesterday reported a net profit of $32.68 million in the first three quarters of the year, almost double the amount over the same period last ...
Law drafted to enforce environmental reports
The Ministry of Environment has drafted a law that will hand out fines and prison terms for companies that fail to complete and submit Environmental Impact Assessments (EIAs) on the development projects they undertake. According to a copy of the EIA draft law, fines of 100 ...
A hard lesson in arithmetic
When Reaksmey (not his real name) was in high school two years ago, he and his classmates were urged to attend the supplementary classes taught by their teachers before and after regular school hours. For an hour before school and two to three hours after each ...
http://www.phnompenhpost.com/index.php/2012031455021/National-news/a-hard-lesson-in-arithmetic.html
Deals to Export Rice, Cassave to China Made
Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...
(Hul Reaksmey, p 27)
http://www.camnet.com.kh/cambodia.daily/
PM issues warning over ELCs
Prime Minister Hun Sen has warned again that economic land concessions granted to private companies will be withdrawn if the companies fail to resolve land disputes with villagers who have lived in their concession area for “a long time”. The premier ordered relevant ministries to ...
Medical bills lead many into debt, survey reveals
Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...
New law drafted to address price dumping
Officials and trade experts discussed a new draft law at a conference in Phnom Penh yesterday that would allow the government to protect exporters against competitors abroad that engage in price dumping, or selling products at an extremely low price. Speaking on the sidelines Of the ...
Kingdom's exports jump 44%
Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per ...
http://www.phnompenhpost.com/index.php/2011112552966/Business/kingdoms-exports-jump-44.html
Thai Border Case Weaker, Thaksin Says
Fugitive former Thai Prime Minister Thaksin Shinawatra has told Thai media that Cambodia has the stronger case in the legal dispute between the two countries over hotly disputed land around Preah Vihear temple. The comments-a first in public for a top Thai politician, past or present-come ...
Scores Released After Fishing Crimes Amnesty
An estimated 73 suspects and convicts involved in illegal fishing were released on bail in accordance with a blanket amnesty granted by Prime Minister Hun Sen earlier this month, a court official said yesterday. Speaking with reporters on the sidelines of the Ministry of Justice’s annual ...
Relocation deals unfair, say families
More than 400 families in Kampong Cham province’s Chup commune had filed a complaint yesterday to local authorities over relocation orders issued last week, villagers said. Hom Hon, 55, a retired rubber plantation worker and former employee of Sopheak Nika Investment Group Company, said that on ...
Cambodia accused Vietnam of systematic logging fraud
Cambodia has asked Interpol to investigate its allegations that Vietnam has repeatedly and knowingly accepted fraudulent permits for endangered luxury timber that is illegally logged across the border. ...
David Boyle
https://www.voanews.com/a/cambodia-logging-vietnam/4595854.html
Union distances itself from striking workers
The Cambodian Council of National Unions yesterday issued a statement blaming recent garment factory strikes in Phnom Penh on instigators. ...
Sen David
https://www.khmertimeskh.com/50564943/union-distances-itself-from-striking-workers/
RUPP seal Sweden’s $10M funding
The Swedish Embassy in Cambodia signed a memorandum of understanding with the Royal University of Phnom Penh (RUPP) on Wednesday to fund a high-quality training and research institute. The agreement is worth in the region of $10 million for a four-year pilot phase focusing on ...
Long Kimmarita
https://www.phnompenhpost.com/national/rupp-seal-swedens-10m-funding
Rights committee in UPR review
The Cambodia Human Rights Committee (CHRC) led a delegation to participate in the 32nd Universal Periodic Review (UPR) at the UN in Geneva, Switzerland, for the third time, it said in a press release issued on Friday. It said Cambodia had already submitted documents last ...
Niem Chheng
https://www.phnompenhpost.com/national/rights-committee-upr-review
Sihanoukville waste firm fined $250K
Chugyuen Plastic Manufacture Co Ltd has been ordered to return 83 containers filled with plastic waste found at Sihanoukville port to their countries of origin. The company has been fined more than one billion riel ($250,000) for illegally importing the waste. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/sihanoukville-waste-firm-fined-250k
Seven released over selling factory goods to pay wages
Seven people who were arrested last week for attempting to sell merchandise from a factory in Kompong Speu province were released on Friday, officials said, with factory owners paying more than 100 workers part of the wages they were owed. ...
Aun Pheap
https://www.cambodiadaily.com/news/seven-released-over-selling-factory-goods-to-pay-wages-96369/
PPSEZ to make final preparations for IPO
The Phnom Penh Special Economic Zone (PPSEZ) was given clearance on Wednesday to begin final preparations for listing on the country’s stock exchange, according to a statement released by the Securities and Exchange Commission of Cambodia (SECC). ...
Kang Sothear
https://www.cambodiadaily.com/news/ppsez-to-make-final-preparations-for-ipo-110499/