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New cassava factory to operate at full capacity next month

Ratanakkiri’s first cassava-processing plant will operate at full capacity starting next month, producing 300 tonnes of cassava products per day. The factory is now on a test run and is only producing 10 tonnes of cassava products a day, said Soy Sona, director of Ratanakkiri’s ...

Chea Vannak
https://www.khmertimeskh.com/50483716/new-cassava-factory-to-operate-at-full-capacity-next-month/

NBC projects real economic growth at 7 pct this year

The National Bank of Cambodia (NBC) said in its mid-year report the country’s real economic growth will average seven percent this year, with strong contribution from the agricultural, industrial and services sectors. ...

Sok Chan
https://www.khmertimeskh.com/50511987/nbc-projects-real-economic-growth-at-7-pct-this-year/

ADB says Cambodia to grow at 7% in 2018, 2019

The Asian Development Bank (ADB) forecasts that Cambodia’s gross domestic product (GDP) will grow by 7 percent in 2018 and 2019, backed by strong export growth, robust tourist arrivals, buoyant domestic demand, and an expansionary fiscal policy. ...

May Kunmakara
https://www.khmertimeskh.com/50536840/adb-says-cambodia-to-grow-at-7-in-2018-2019/

Port cargo traffic at Sihanoukville sees 16% first quarter rise

In the first quarter of this year, cargo traffic through the Sihanoukville Autonomous Port rose 16 per cent year-on-year, according to Minister of Public Works and Transport Sun Chanthol. Chanthol, speaking at the 133rd International Labour Day anniversary in Preah Sihanouk province on Wednesday, said ...

Hin Pisei
https://www.phnompenhpost.com/business/port-cargo-traffic-sihanoukville-sees-16-first-quarter-rise

Mirach finalizing plans for exploration drilling at Cambodia's block D

Mirach Energy Ltd. reported Tuesday that the company is currently finalizing plans to conduct exploration drilling at Block D in Cambodia following the approval by the Cambodians Ministry of Mines and Energy (MME) to extend the exploration period for the permit till December 2018. ...

Rigzone Staff
http://www.rigzone.com/news/oil_gas/a/143316/Mirach_Finalizing_Plans_for_Exploration_Drilling_at_Cambodias_Block_D

At least two killed in storm; hundreds of houses destroyed

At least two people were killed in a violent tempest thAt bAttered the country on Thursday evening, tearing roofs off buildings and damaging hundreds of homes.   ...

Buth Kimsay
https://www.cambodiadaily.com/news/at-least-two-killed-in-storm-hundreds-of-houses-destroyed-112291/

Untrained & unlicensed: a look at Cambodia’s public health system

When the Cambodia National Assembly passed the 2016 national budget last December Cambodia’s public health system was not high on the list for additional resources, receiving a meager 8 per cent increase from the year prior, or $275 million. Admirably education received a boost of ...

Vat Vin
http://aecnewstoday.com/2016/untrained-unlicensed-a-look-at-cambodias-public-health-system/#axzz4ACZjGB7U

China doesn't want sea dispute raised at ASEAN Summit

Beijing says it will oppose attempts to make its island-building activities in the South China Sea the focus of this week’s leaders’ summit in the Malaysian capital. ...

Steve Herman
http://www.voacambodia.com/content/china-doesnt-want-sea-dispute-raised-at-asean-summit/3061684.html

Draft Law on Unions ready for debate at National Assembly

A controversial draft law to regulate unions is set for debate at the National Assembly, despite protests by union leaders, who say the new law will make it even harder for workers to bargain for rights, fair wages and proper working conditions. More than 3,000 ...

Hul Reaksmey
http://www.voacambodia.com/content/draft-law-on-unions-ready-for-debate-at-national-assembly/3084425.html

Protesters hurl eggs at world bank office, promise to return

Residents and evictees from Phnom Penh’s Boeng Kak and Bo­r­ei Keila neighborhoods re­turned to the World Bank’s country headquarters on Norodom Boul­evard on Monday to hurl eggs at the front gate and demand that the international lender leave Cambodia.   ...

Aun Pheap
https://www.cambodiadaily.com/news/protesters-hurl-eggs-at-world-bank-office-promise-to-return-108550/

A $50M copper mine at Kou Sa site envisaged

Australian-listed mining firm GeoPacific announced its first resource estimate on its copper-gold project in northern Cambodia, estimating 51,000 tonnes of copper equivalent at two adjacent prospects on its Kou Sa project site. ...

Post Staff
http://www.phnompenhpost.com/business/50m-copper-mine-kou-sa-site-envisaged

Acleda’s third quarter profit sits at $27.06M

Cambodia’s largest bank Acleda Bank yesterday announced its third quarter results for 2015, reporting $27.06 million in profit for the quarter, up almost 50 per cent as compared to the same period last year. ...

Post Staff
http://www.phnompenhpost.com/business/acledas-third-quarter-profit-sits-2706m

With little support, farmers at the mercy of the weather

Most years the rice fields outside Battambang are an unbroken sea of electric green, but this year they look more like a patchwork quilt. Some paddies are a healthy green, but others are a sickly yellow, while others are little more than empty, muddy fields ...

Jonathan Cox
http://www.khmertimeskh.com/news/17211/with-little-support--farmers-at-the-mercy-of-the-weather/

Patent tax can now be paid at banks, department says

The General Department of Taxation notified patent owners that they have three months to pay taxes owed on their patents, but they can do so at banks this year for the first time,  its director general said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/19467/patent-tax-can-now-be-paid-at-banks--department-says/

Ministry hails successful national exam, says no cheating at all

As the third year of strictly regulated national high school exams drew to a close on Tuesday, the Ministry of Education brushed off evidence of widespread attempts at cheating and declared the event a success. ...

Janelle Retka and Phan Soumy
https://www.cambodiadaily.com/news/ministry-hails-successful-national-exam-says-no-cheating-117078/

CPP touts populist policies at party congress, promises a win

At its 40th party congress over the weekend, the ruling CPP predicted another victory in commune elections next year and nAtional elections the year after on the back of recent populist policies including cheaper electricity and more land for the poor. ...

Ben Sokhean
https://www.cambodiadaily.com/news/cpp-touts-populist-policies-party-congress-promises-win-122159/

Training centre to help locals climb ladder at garment firms

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Hor Kimsay
http://www.phnompenhpost.com/business/training-centre-help-locals-climb-ladder-garment-firms

Business Insider: Boosting inclusion for online payment at Pi Pay

While Cambodia remains a largely cash-based society, the market for financial technology has begun to expand through online payment services and mobile e-wallets like Pi Pay. The Post’s Robin Spiess sat down with Pi Pay CEO Tomas Pokorny to discuss the future of economic digitisation in the Kingdom. ...

Robin Spiess
http://www.phnompenhpost.com/business/business-insider-boosting-inclusion-online-payment-pi-pay

Analysis: Cambodia signing up for Chinese billions – at a price

Arriving in Phnom Penh in the midst of a political crackdown on dissent, Chinese Premier Li Keqiang showed no qualms about signing 19 major development deals yesterday with Cambodian Prime Minister Hun Sen, making it clear that Chinese aid to the Kingdom remains unaffected by ...

Andrew Nachemson
http://www.phnompenhpost.com/national/analysis-cambodia-signing-chinese-billions-price

Hun Sen seeks to bolster trade at India-Asean meet

Indian government data show that annual trade between the Cambodia and India has lagged of late, decreasing by nearly 30 percent to $141 million during the last Indian fiscal year, which ran from April 2016 to May 2017. That’s the lowest level since the 2012-2013 ...

Hor Kimsay and Robin Spiess
http://www.phnompenhpost.com/business/hun-sen-seeks-bolster-trade-india-asean-meet

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