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Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Shift in CNRP's political strategy to win elections

The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...

http://www.phnompenhpost.com/index.php/2012120460080/National-news/shift-in-cnrps-political-strategy-to-win-elections.html

Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage

Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...

http://www.bloomberg.com/news/2011-10-24/rice-jumps-to-one-month-high-on-southeast-asia-crop-losses.html

Phnom Penh office demand continues to expand

Office rental growth in Phnom Penh increased 10 to 15 per cent by the end of 2012, said an official of the Cambodian Valuers and Estate Agents Association, as the number of local and international companies have risen significantly. Chrek Soknim, deputy director of VTrust property ...

http://www.phnompenhpost.com/2013011760816/Real-Estate/phnom-penh-office-demand-continues-to-expand.html

The Grain of Rice That Could Help Cambodia Grow

SAMRAONG TONG DISTRICT, Kompong Speu Province – Laughing, Ouch Samnang jumped back and forth over a skipping rope held by his classmates. The 13-year-old goes to school in a small village in Kom­pong Speu province, he has friends, five siblings and loving parents. Overall, he ...

http://www.cambodiadaily.com/news/the-grain-of-rice-that-could-help-cambodia-grow-32650/

Giant Development in Cambodia Hinges on Chinese Buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1

Siem Reap Hotel Dispute Has No End in Sight

A prolonged court case between two French investors in Siem Reap’s landmark Victoria Angkor hotel is at a standstill after auditors ordered by the Supreme Court to examine the hotel’s finances were denied access to the books this week. In a dispute that goes back to ...

http://www.cambodiadaily.com/business/investment-dispute-over-luxury-hotel-drags-on-7903/

Giant development in Cambodia hinges on Chinese buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.property-report.com/cambodias-mega-development-lures-chinese-investors-34672

NBC pushes for de-dollarisation on 43rd Riel Day

National Bank of Cambodia (NBC) deputy governor Chea Serey on March 20 made a general call to keep using the local currency in day-to-day transactions, as part of de-dollarisation and other monetary policy initiatives, as a means to promote economic development. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-pushes-de-dollarisation-43rd-riel-day

Cambodia wins awards

The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...

http://www.phnompenhpost.com/2013010360594/Real-Estate/cambodia-wins-awards.html

Cambodia embraces intensive livestock production

Cambodia, a Southeast Asian country with 15 million inhabitants, has begun to embrace intensive livestock production despite numerous obstacles. The industry heavily relies on the import of genetics, soybean meal, fish meal, additives, medicines and vaccines. A major constraint preventing producers from taking up intensive ...

http://www.worldpoultry.net/Broilers/General/2013/2/Cambodia-embraces-intensive-livestock-production-1177745W/

EuroCham Holds First Annual General Meeting

The European Chamber of Commerce (EuroCham) held its first annual general meeting Thursday at the Sofitel Hotel in Phnom Penh where a board of directors was elected and the French and German chambers merged with EuroCham in order to reinforce the interests of European companies ...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

New solar powered lights for Cambodia

Cambodia’s energy sector acquired a new product yesterday with the introduction of solar powered lights from energy company Total, advancing it toward a longer term solution to meeting the population’s energy needs. An industry player described the products as a nice bridge toward seeing Cambodia supplied with ...

http://www.phnompenhpost.com/Business/new-solar-powered-product-launched.html

UNICEF says Cambodian children at very high risk of climate change impacts

Young people living in Cambodia are among those most at risk of the impacts of climate change, threatening their health, education, and protection, the United Nations Children’s Fund (UNICEF) in Cambodia said in a press statement on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50921062/unicef-says-cambodian-children-at-very-high-risk-of-climate-change-impacts/

Minister of Interior hopes for more Japanese assistance in de-centralization efforts

Deputy Prime Minister Sar Kheng, Minister of Interior, expressed that his hopes that the Government of Japan would continue to assist Cambodia in its efforts of De-centralization reforms. ...

Khmer Times Staff
https://www.khmertimeskh.com/501234194/minister-of-interior-hopes-for-more-japanese-assistance-in-de-centralization-efforts/

Plans Name Developer of Sisowath Quay Site

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...

Hun Sen Says Water, Power Shortages to Stay

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/

PM: Do not overload clinics trying to get rabies vaccine

Prime Minister Hun Sen advised people on Monday not to be irrationally afraid of rabies to the extent of flocking to get vaccinated against the disease, and rendering institutions unable to provide timely services. The prime minister’s call came during the 7th National Clean City ...

Long Kimmarita
https://www.phnompenhpost.com/national/pm-do-not-overload-clinics-trying-get-rabies-vaccine

Cambodia Airports Comes Under Attack by a Former Executive

Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...

http://www.cambodiadaily.com/selected-features/cambodia-airports-comes-under-attack-17727/

Cambodian Exports to EU See Rapid Growth in 2012

Cambodia’s exports to the European Union (E.U.) grew to $2.32 billion in 2012, a 23 percent increase compared to the previous year, according to the E.U.’s latest trade figures. The figures, released this week by the European Commission’s trade office, testify to the region’s growing role ...

http://www.cambodiadaily.com/news/cambodian-exports-to-eu-see-rapid-growth-in-2012-18329/

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