Construction material imports on the increase
A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...
Cambodia's International Reserves Increase to Nearly $3 Billion
According to the statement from the national bank of Cambodia (NBC), the country’s international reserves increased by 2.912 million US dollars so far this year with guaranteeing to import for four months. “For the management of the international reserves, we have implemented the policy with ...
Cambodia expects 7 pct GDP growth in 2012: Finance Minister
Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7% this year. Cambodia’s forecast was based on the increases in garments exports, tourist arrivals, and agriculture as well as a gradually recovered real estate sector, the ...
http://news.xinhuanet.com/english/business/2012-03/12/c_131462003.htm
Cambodia to boost China rice exports
Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap. Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night, ...
Villagers Still in the Dark About Lower Sesan Hydropower Dam
Thousands of villagers who will lose their land to the construction of the Lower Sesan 2 dam in Stung Treng province later this year have not been told of the government’s plans for their resettlement and compensation, a new study released yesterday shows. Through interviews with ...
Court Silent On Charges Against Monk
A Phnom Penh Municipal Court official yesterday refused to disclose the nature of “incitement” charges issued in February against well-known monk Loun Sovath, while the Ministry of Justice claimed it was unaware of the case against the social campaigner. According to documents dated Feb. 14 and ...
Garment factory worker strikes increased threefold in 2012
Strikes staged by garment and footwear factory workers more than tripled in 2012 compared to 2011, with more than 100,000 workers participating in at least one strike, an official of the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. “Historically, prior to any elections, we will see a ...
Relatives Call On Government To Release 23 Detainees
Relatives and human rights activists on Sunday called on the government to release 23 men beaten and arrested during clashes between police and garment workers just more than a week ago, and said they would defy a ban on public gatherings if they were not. The ...
Mech Dara
http://www.cambodiadaily.com/news/relatives-call-on-government-to-release-23-detainees-50449/
Funeral payout just ‘sympathy’
The company that paid the funeral costs of two construction workers killed when a fence collapsed on them on Saturday distanced itself yesterday from the accident, saying it doesn’t own the building site. The claim came as Meanchey District Governor Kouch Chamroeun vowed to take action ...
http://www.phnompenhpost.com/national/funeral-payout-just-%E2%80%98sympathy%E2%80%99
Despite Ban, $1.5M of Cambodian Sand Turns Up in India
A huge haul of river sand dredged in Cambodia has been quarantined at the southern Indian port city of Cochin since its arrival in April despite a ban on sand exports instituted by Prime Minister Hun Sen in 2009. India’s Deccan Chronicle newspaper reported on Tuesday ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/despite-ban-1-5m-of-cambodian-sand-turns-up-in-india-46753/
Another Military Official Accuses Opposition Party of Causing Chaos
General Neang Phat has become the second senior military official to wade into the current political impasse between Prime Minister Hun Sen’s CPP government and the CNRP, accusing the opposition party of trying to destabilize the country, according to a local media report. Gen. Phat, who ...
Khy Sovuthy
http://www.cambodiadaily.com/news/another-military-official-accuses-opposition-party-of-causing-chaos-51101/
Cambodia, Vietnam trade bound to hit 5 bln USD in 2015: PM
Cambodian Prime Minister Hun Sen on Tuesday was optimistic about the country’s steadily growing trade with Vietnam and foresaw that the bilateral trade volume would definitely reach $5 billion by 2015. The two-way trade volume was valued at $3.5 billion last year, up 25 percent year-on-year. Speaking ...
Global Times News Staff
http://www.globaltimes.cn/content/841879.shtml#.UvslvPmSxqU
UN concerned about detainees’ presence at trials
The U.N.’s human rights office in Cambodia expressed concern Monday that 22 detained protesters may not be allowed to attend their trials on Friday, while the government insisted that the prisoners will be transported to the court. Two minors were arrested for intentional violence for their ...
Lauren Crothers
http://www.cambodiadaily.com/news/un-concerned-about-detainees-presence-at-trials-56914/
Recruitment agencies operate without oversight
In June, after about a quarter million migrant workers returned from their jobs in Thailand fearing the military junta’s crackdown on illegal labor, Cambodia’s government announced it had slashed the cost of emigration, and would charge workers only $49 to legally return to work across ...
Phorn Bopha and Alex Consiglio
http://www.cambodiadaily.com/news/recruitment-agencies-operate-without-oversight-65497/
Illegal wood exports to China tripled in 2013
Cambodia’s exports of protected rosewood and other high-value timber to China more than tripled last year, according to U.N. figures cited in a new report that blames lax law enforcement across the Mekong region and skyrocketing demand in China for pushing some species to the ...
Zsombor Peter
http://www.cambodiadaily.com/news/illegal-wood-exports-to-china-tripled-in-2013-58593/
Ministry pushes for safer use of industrial chemicals
The Ministry of Industry, Mines and Energy (MIME) and the UN Industrial Development Organisation (UNIDO) yesterday discussed means of safely stocking industrial chemicals, with the hope of reducing environmental pollution in the region. At a conference on sustainable manufacturing practices, Sok Narin, the head of UNIDO ...
Cambodia leads doubts over AEC
In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015. “If you talk about short-term: Yes, we ...
Luke Hunt
http://thediplomat.com/2014/04/cambodia-leads-doubts-over-aec/
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Chasing China’s rice import potential
China National Cereal, Oil and Foodstuffs Corporation (COFCO) is the latest mainland Chinese company to sign a deal to export Cambodian rice. COFCO is one OF a number OF Chinese companies that have signed similar deals with their Cambodian counterparts, but direct rice exports to China ...
Beijing supports Asian free-trade area
Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...
http://www.chinadaily.com.cn/china/2012-11/20/content_15942795.htm