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Online Mapping Project for Cambodia Gets Under Way

Students, NGO workers and map enthusiasts came together Saturday in Phnom Penh to contribute information to an online map of Cambodia as part of a worldwide mapping effort, the event’s organizers said yesterday. The global project, known as the OpenStreetMap Project (OSM), uses a similar concept ...

International expo in Cambodia to boost garment sector

The four-day second Cambodia International Machinery Industrial Fair (CIMIF 2012) has begun in Cambodia’s capital Phnom Penh. Leading global brands of industrial equipment for textiles, garment and accessories are among the more than 200 exhibitors from 20 countries displaying their products. The exhibition provides a ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=114673

Two million tourists from China by 2020: official

Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...

http://www.phnompenhpost.com/2013012360934/Business/two-million-tourists-from-china-by-2020-official.html

Investment law to be revised

The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...

http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html

National Police Site Hacked, Defaced by Mystery Group

The website of the Cambodian National Police was hacked and defaced yesterday by a mysterious group apparently attempting to challenge the website’s security measures. For part of the morning, visitors to the police.gov.kh site were greeted by singing in Arabic and an image of four Guy ...

Ratch puts mine purchase on hold as coal price dips sharply

The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...

http://www.bangkokpost.com/business/economics/321307/ratch-puts-mine-purchase-on-hold-as-coal-price-dips-sharply

Maruhan Japan Bank buys stake in MFI – Sathapana

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...

http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/

Ceiling Collapse at Shoe Factory in Cambodia Kills 2

A ceiling at a small factory making shoes on the outskirts of the capital of Cambodia collapsed on Thursday morning, killing at least two workers and underlining global worries about factory safety in poor countries. Ken Loo, the secretary general of the Garment Manufacturers Association in ...

http://www.nytimes.com/2013/05/16/world/asia/roof-collapse-at-shoe-factory-in-cambodia-kills-2.html?ref=todayspaper

Cambodia's rubber export up 34 pct in 2013

Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34 percent from 55,344 tones in a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/23/c_133068429.htm

New local distributor for Jaguar, Land Rover

RMA Cambodia confirmed yesterday it had taken over from rival firm Envotech as the Kingdom’s only authorised dealer of Land Rover and Jaguar vehicles. Envotech will have held the authorised dealer rights for two years when it closes its Phnom Penh dealership on March 26. RMA, whic ...

Hor Kimsay
http://www.phnompenhpost.com/business/new-local-distributor-jaguar-land-rover

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Apsara says it is dealing with Angkor pollution

The destructive threat posed to Angkor Wat by pollution is being taken seriously, the Apsara Authority said in a statement it released Friday in response to recent media coverage of the issue. Responding to an article initially published by GlobalPost under the headline “In Cambodia, toxic ...

Holly Robertson
http://www.cambodiadaily.com/news/apsara-says-it-is-dealing-with-angkor-pollution-65046/

Drug-resistant malaria widespread in Southeast Asia: study

Drug-resistant malaria is now widespread in Southeast Asia, seriously threatening global efforts to control malaria, a new study warned Wednesday. An analysis of blood samples from 1,241 malaria patients in 10 countries across Asia and Africa found resistance to the world’s most effective anti-malarial drug, artemisinin, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-07/31/c_133521082.htm

First half sees values spike for prime residential areas

Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices. Ross Wheble, the independent global property consultancy’s ...

Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas

Cambodian telecom firm cooperates with China's Huawei to build 4G network in Cambodia

Cambodian telecommunications company EMAXX signed a contract with China’s Huawei, a global ICT solutions provider, on Wednesday in order to develop EMAXX’s 4G network in Cambodia. The contract was inked between Ai Min, chief executive officer of EMAXX, and Weng Kefeng, deputy general manager of Huawei ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/17/c_133650709.htm

World Bank may be blind to harm of financial investments: Oxfam

The World Bank’s private sector arm may be doing more harm than good when it invests in private equity firms, banks and other financial intermediaries, global development group Oxfam said in a report on Wednesday. In one project indirectly sponsored by the bank’s International Finance Corporation ...

Anna Yukhananov
http://www.reuters.com/article/2015/04/01/us-worldbank-investments-idUSKBN0MS5IJ20150401

Monks, garment workers lead Cambodia rally on Human Rights Day

Thousands of Cambodians, including Buddhist monks and garment workers, on Wednesday (Dec 10) rallied across the capital calling for respect for human rights and the release of a group of jailed land activists. On Wednesday around 3,000 people massed outside the parliament building in Phnom ...

Channel News Asia News Staff
http://www.channelnewsasia.com/news/asiapacific/monks-garment-workers/1522600.html

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...

Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines

EU providing over $500 million for C-19 response

The European Union, in a statement issued yesterday, said it is mobilising about $504 million in grants and loans to work with Cambodia in fighting the global COVID-19 (C-19) pandemic and mitigate its socio-economic effects. ...

Khuon Narim
https://www.khmertimeskh.com/50732907/eu-providing-over-500-million-for-c-19-response/

Rubber firm vows not to harm forests

Rubber and palm oil giant the Socfin Group has committed to a global “zero-deforestation policy” across Africa and Asia amid a legal dispute with ethnic Bunong communities in Mondulkiri province’s Bousraa commune. ...

Daniel Pye
http://www.phnompenhpost.com/national/rubber-firm-vows-not-harm-forests

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