Forum breaks ice, yet more time needed
Long-time foreign members of the Cambodian business community said the US-ASEAN Business Forum, held on Friday in Siem Reap, was largely successful in setting the country in the sights of America businesses, but multinational corporations will need more time in the Kingdom before nailing down ...
Court Questions Officials Over Slain Journalist
The Ratanakkiri Provincial Court yesterday questioned four people- including a military police official and a police officer- in relation to the killing of journalist Hang Serei Odom, whose body was discovered hacked to death last month in the trunk of his car,a court official and ...
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
Pirated computer software cost Cambodia $50m
Pirated computer software accounted for about $50 million in losses to the Cambodian economy every year, an industry expert said yesterday. According to Pily Wong, president of the ICT Business Association, about 95 per cent of the computer software used in Cambodia is counterfeit, crippling the ...
French Firm Out of Railway Rehabilition Project
The head of the government department in charge of railways made a dramatic about-face yesterday, saying that French construction firm TSO (Cambodia) Co. Ltd. was being thrown off the donor-funded railway rehabilitation project. Contacted on Tuesday, Ly Borin, director of the Transport Ministry’s railway department, denied ...
Cassava farmers rely on Thai seed imports
Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...
http://www.phnompenhpost.com/2013061766299/Business/cassava-farmers-rely-on-thai-seed-imports.html
Japanese Mizuho Bank to Open Representative Office
One of Japan’s largest banks will open a representative office in July due to burgeoning interest in Cambodia most likely by Japanese investors, a bank official said yesterday. Mizuho Financial Group will open a small office in Phnom Penh Tower on Monivong Boulevard on July 8, ...
Seoul visit as tensions mount
In the light of growing tensions between North and South Korea, officials from the Ministry of Labour will head to Seoul on Thursday for a weeklong visit to inform Cambodian workers on emergency evacuation procedures. An estimated 25,000 Cambodians, a figure that includes roughly 5,000 illegal ...
http://www.phnompenhpost.com/2013040964963/National/seoul-visit-as-tensions-mount.html
Cambodia sees gold price dip
Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...
http://www.phnompenhpost.com/business/cambodia-sees-gold-price-dip
Maybank Cambodia Optimistic Over Cambodia's Medium-to-long-term Prospects With Four New Branches
Maybank Cambodia Plc, with 12 branches in the Indo-Chinese country, is optimistic over Cambodia’s medium-to-long-term prospects with its four additional branches opened today, bringing its total network there to 16 branches. With the opening of the branches, the bank expects them to boost its total deposits ...
Bernama News Staff
http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=990183
Thai exports: Cambodia’s severe trade imbalance
The value of Cambodian exports to Thailand reached $163 million in the first half this year, an increase of about 21 per cent compared to the same period in 2012. Despite the rise, the number is minuscule next to imports from Thailand, because the Cambodian products ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-exports-cambodia%E2%80%99s-severe-trade-imbalance
Office demand expected to pick up
Office space demand in Cambodia remained stable in the third quarter of this year, the lack of growth reflecting market concerns regarding post-election political instability, property experts say. Hang Yuvan, sales manager at Phnom Penh Tower, said that office space demand should improve by the end ...
Siv Meng
http://www.phnompenhpost.com/real-estate/office-demand-expected-pick
PAL reassesses Cambodia plan
PAL Holdings Inc., the operator of Philippine Airlines, is reviewing investment plans in Cambodia Air, after it deferred twice the completion of the joint venture with Inter Logistics (Cambodia) Co. Ltd. PAL said earlier it teamed up with Royal Group of Cambodia to establish its ...
Lailany P. Gomez
http://manilastandardtoday.com/2014/01/23/pal-reassesses-cambodia-plan/
IFC investigates over ‘land-grabbing link’
The International Finance Corporation (IFC) has launched an internal investigation into a complaint lodged against the institution for investing in a Vietnamese rubber firm accused of illegal logging and land grabbing in Ratanakkiri, an NGO and villager said yesterday. Earlier this month, representatives of the IFC’s ...
Amelia Woodside
http://www.phnompenhpost.com/national/ifc-investigates-over-%E2%80%98land-grabbing-link%E2%80%99
Mechanics school on the way
A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...
Hor Kimsay
http://www.phnompenhpost.com/business/mechanics-school-way
Friends of Dave Walker concerned over lack of investigation
Friends of Canadian journalist Dave Walker, who went missing under mysterious circumstances in February and was found dead in Siem Reap province last week, expressed anger Wednesday at the Cambodian police’s apparent unwillingness to investigate the 58-year-old’s death. Two-and-a-half months after the journalist vanished after going ...
Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/friends-of-dave-walker-concerned-over-lack-of-investigation-58289/
Cambodian PM due on Friday
Prime Minister of Cambodia Hun Sen is expected to pay a 3-day official visit to Dhaka from Friday to further expanding and strengthening trade relations and cooperation in agriculture sector between the two countries. During the visit, sources said Dhaka is expected to seek long-term ...
The Daily Star
http://www.thedailystar.net/cambodian-pm-due-on-friday-23869
Some 2,000 Chinese flee Vietnam to Cambodia: Cambodian deputy PM
Approximately 2,000 Chinese businesspeople and tourists have crossed the Vietnamese border into Cambodia these days to escape anti-China riots in Vietnam, a senior Cambodian official said Tuesday. “Some 2,000 Chinese nationals have fled Vietnam to Cambodia,” Deputy Prime Minister and Interior Minister Sar Kheng told reporters. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-05/20/c_133348158.htm
Company defies order, continues dredging sand
A company ordered to cease its sand-dredging operation along the Sesan River in Ratanakkiri province after it was accused of illegally searching for gold is now defying the order, villagers claimed Monday. Discovery Power, a joint Chinese-Cambodian venture, was given a license to dredge sand for ...
Aun Pheap
http://www.cambodiadaily.com/news/company-defies-order-continues-dredging-sand-62212/