Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
As pig imports grow, price of pork drops
A rise in pig imports from Thailand and Vietnam has driven down pork prices by as much as 33 percent in the past month, leaving farmers here worried that an oversupply in the market will cut into profits. Prathna Preap, a swine market expert at USAID, ...
Carbon credit for Seima Area
A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Figures Reveal Inflation Increase
CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also ...
http://www.phnompenhpost.com/index.php/2011082351198/Business/figures-reveal-inflation-increase.html
Cambodia calls for talks with Thailand on disputed oil and gas zone
Cambodia called Tuesday for the newly elected Thai government to resume talks on resolving claims to a 27,000-square-kilometre stretch of seabed considered rich in oil and gas. The Cambodian National Petroleum Authority, a government body, said it had ‘a firm commitment to finding an equitable ...
Informal Pharmacies Continue To Operate Despite Crackdown
There are no reliable figures on the number of illegal pharmacies operating nationwide, but the government insists that the problem is a thing of the past. At the launch of an anti-drug campaign at the US Embassy in Phnom Penh on Monday, Chou Yin Sim, secretary ...
Bavet Governor Summoned Over Shooting
The Svay Rieng Provincial Court yesterday summoned Bavet city governor Chhuk Bundith for questioning over his alleged role in the shooting of three female garment workers at a special economic zone (SEZ) in the province two weeks ago, court officials said. Human rights groups continued ...
Court Rejects Joint Complaint Against Minister’s Wife, Again
The Kompong Chhnang Provincial Court yesterday once again declined to receive a joint complaint from villagers in Kompong Tralach district embroiled in a land dispute with the wife of Industry Minister Suy Sem. Chhuon Siven, provincial clerk director, said that the court could not take the ...
Government denies Koh Kong Chinese naval base ‘rumour’
Two ministries have denied plans for a Chinese naval base in Cambodia and that the Kingdom is caught in the middle of US-China “cold war”. In a press release on Saturday, a Ministry of National Defence spokesperson called the spread of information about a naval ...
Niem Chheng
https://www.phnompenhpost.com/national/government-denies-koh-kong-chinese-naval-base-rumour
Farmers and fishermen warily eye changes to climate
In the Kampong Phluk fishing village on the Tonle Sap lake, home to thousands of families in Siem Reap province, fishermen say their catch this year has been too poor to live on. Ning Ny, chief of Kampong Phluk commune, in Siem Reap, said almost ...
Sok Khemara
http://www.voacambodia.com/content/farmers-and-fishermen-warily-eye-changes-to-climate/3109070.html
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
NagaCorp casino 2016 profits show modest growth
Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth
Newly protected areas to span 1.5M hectares
The government has declared almost 1.5 million hectares as protected areas in a bid to enhance the sustainability of the ecology system and reduce the impact of climate change, according to a sub-decree signed on Thursday. The so-called Biodiversity Conservation Corridors cover a total of more ...
Touch Sokha
http://www.phnompenhpost.com/national/newly-protected-areas-span-15m-hectares
Police: farmers intended to log
Royal Cambodian Armed Forces soldiers arrested 18 Cambodian farmers trying to cross the border in Oddar Meanchey province to illegally log in Thailand on Saturday. The farmers, between 20 and 40 years old, were travelling in a rented van equipped with axes, saws and other tools, ...
New report evaluates decade of Better Factories Cambodia
A new report – 10 Years of the Better Factories Cambodia Project: A critical evaluation – has been released by Clean Clothes Campaign and Community Legal Education Center. Started in 2001, the goal of the Better Factories program is to improve the working conditions in ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=115382
Fellow villagers pray for land rights activists
Borei Keila protesters, including many who live in squalor under staircases at the site, have already been compensated for losing their homes and have no right to demand more, Suy Sophan, the owner of developer Phan Imex, told the Post yesterday. About 200 supporters from the ...
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
UN Concerned By Authorities' Use of Violence
Unprovoked violence by government and private security guards, the use of weapons to quell protests, and communities resorting to violent means in land disputes is a growing cause for concern in Cambodia, the U.N.’s Office for the High Commissioner for Human Rights (OHCHR) said in its ...
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html