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High Court upholds verdict

The Supreme Court on Friday upheld the decisions of the lower courts in the case of Seng Chenda, wife of well-known tycoon Khaou Chuly, upholding a 20-year prison sentence for attempted murder, a court official said. According to judge Khim Pon, presiding, the court agreed with ...

http://www.phnompenhpost.com/index.php/2012100859147/National-news/seng-chenda-verdict-upheld.html

Cambodia's central bank launches national clearing system

The National Bank of Cambodia (NBC) on Wednesday officially launched the country’s national clearing system in order to increase efficiency and expand clearing and settlement services for inter-bank transactions. A central bank statement said that the central system can clear and settle payment instruments such as ...

http://news.xinhuanet.com/english/world/2012-12/12/c_132036029.htm

Cambodia’s GDP is revised

Slumping garment exports led yesterday to an official downgrade for Cambodian’s growth outlook this year – albeit a slight one. Minister of Economy and Finance Keat Chhon projected 6.9 per cent year-on-year gross domestic product growth for 2012, down a tenth of a percentage point from ...

http://www.phnompenhpost.com/index.php/2012071857475/Business/cambodia-gdp-is-revised.html

Cambodia Cancels Concessions Threatening Forests

Cambodia annulled licenses to four private firms whose concession of 40,000 hectares threatens Prey Lang, one of the richest national forests. A letter from the Council of Ministers to the Ministry for Agriculture, Forestry and Mining, in charge of managing the forests and the natural resources, ...

Disgraced ambassador’s property is a hard sell

The seized property of fugitive former ambassador Nan Sy has so far failed to fetch bidders, denying state coffers some $400,000 embezzled by the disgraced official. The undeveloped 10 by 20 meter plot in Tuol Kork district was put up for auction last week in an effort to ...

http://www.phnompenhpost.com/index.php/2012101959309/National-news/disgraced-ambassadors-property-is-a-hard-sell.html

Trade Reached $11.17B In First Ten Months

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

http://www.cambodiadaily.com

European Union Grants $54 Million to Cambodia

The European Union yesterday pledged to support Cambodia with three grants totaling $54 million, including one payment to help bolster the country’s ability to organize its public finances, officials announced at a press conference in Phnom Penh. “The E.U. will continue to support Cambodia with ...

ICT growth continues

The expansion of Cambodia’s information and communications technology sector was highlighted at the ICT Expo on Diamond Island yesterday, as the sector’s bellwether companies continue to eye the Kingdom. Sony Corp, which took part in the eighth annual expo for the first time this year, set ...

http://www.phnompenhpost.com/index.php/2012050455965/Business/ict-growth-continues.html

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

Exports to China Fell 10% in First Six Months

Revenues generated from Cambodian exports to China fell by 10 percent in the first half of the year, according to figures released by the Ministry of Commerce last week. About $60 million worth of goods were exported from Cambodia to China between January and June, the ...

B Kak protesters ask women's minister to retract comments

Dozens of women and children from Phnom Penh’s Boeng Kak neighborhood demonstrated in front of the Ministry of Woman’s Affairs yesterday to demand that the minister recant her claim that they had attacked police during a June 27 protest in which one of the women ...

Rice exports up 2 percent over last year

Cambodia’s total export of milled rice via the single window office slightly increased by two per cent over the first nine months of this year compared to the same period last year, according to data from the Ministry of Agriculture. Speaking at the Cambodian Rice Forum ...

http://www.phnompenhpost.com/index.php/2012100259022/Business/rice-exports-up-2-per-cent-over-last-year.html

MFIs as one commercial bank

PhillipCapital, a Singapore-based integrated financial services provider and a majority stakeholder in three of Cambodia’s micro-finance institutions (MFIs), plans to consolidate the three into a commercial bank. ...

http://www.phnompenhpost.com/2012122560462/Business/mfis-as-one-commercial-bank.html

Viet Nam, Cambodia, Laos boost transport co-operation

Transport Ministers of Viet Nam, Laos and Cambodia signed a Memorandum of Understanding (MoU) to accelerate road transport cooperation. It will facilitate the transportation of goods and passengers among the three countries, including via sea ports, and boost socio-economic development in each country, especially the ...

http://vietnamnews.vn/politics-laws/235407/viet-nam-cambodia-laos-boost-transport-co-operation.html

Cambodia to Submit Human Rights Report to UN

Cambodia will submit a human rights report to the U.N. today for a universal periodic review (UPR), the second time it is participating in the process, according to the Council of Ministers’ Press and Quick Reaction Unit. Under the UPR process established in 2006, the Human ...

Dene-Hern Chen and Hul Reaksmey
http://www.cambodiadaily.com/news/cambodia-to-submit-human-rights-report-to-un-46006/

Cambodia's trade with China's Hong Kong up 19 pct in 9 months

Trade between Cambodia and China’s Hong Kong Special Administrative Region has seen a 19- percent growth in the first nine months of the year thanks to robust bilateral trade ties, Benjamin Chau, deputy executive director of the Hong Kong Trade Development Council, said here Wednesday. ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-11/28/c_132926075.htm

Cambodia low on energy ranking

Low electrification rates and over-dependence on fossil fuel imports have contributed to Cambodia’s abysmally low ranking in the new World Economic Forum’s Global Energy Architecture Performance Index Report for 2014. Cambodia ranked 120 out of 124 nations, with a so-called Energy Architecture Performance Index (EAPI) score ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia-low-energy-ranking

Cambodians and Koreans Join Protest in Seoul

Hundreds of Cambodians living in South Korea protested in front of Seoul’s City Hall on Sunday, demanding justice for five garment workers killed in clashes with police on January 3, and calling for Prime Minister Hun Sen to step down. With public protests indefinitely banned in ...

Colin Meyn
http://www.cambodiadaily.com/news/cambodians-and-koreans-join-protest-in-seoul-50459/

Government orders capital pipe clear-up

A city-wide campaign to clear drainage pipes inundated with garbage build-up aggravated by seasonal rains will begin on Saturday, the municipality announced. All nine districts are to report the number of pipes in need of service, according to a statement released on Friday, which adds that ...

http://www.phnompenhpost.com/national/government-orders-capital-pipe-clear

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