Firms, gov't discuss $50m banana farm plan
Plans for a 5,000-hectare banana farming project in Koh Kong province, proposed last year by an Australian and a Japanese company, look set to go ahead, with state news agency Agence Kampuchea Presse (AKP) yesterday reporting that the project would cost $50 million. Last Friday, the ...
Hundreds Protest Against Land Clearing by Pheapimex Co
About 300 villagers in Pursat province’s Krakor district yesterday protested to stop the powerful Pheapimex Company from clearing their farmland after armed military police arrived in the area to guard the firm’s government-awarded land concession, villagers said. The company used two excavators and nine bulldozers to ...
Kingdom exports to Japan regain double-digit growth
The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth
Royalties concern forest activists
The Ministry of Agriculture, Forestry and Fisheries said in the first three quarters of this year, Cambodia earned $5.7 million in royalties from forest produce – an increase of nearly $2 million compared to the same period last year when it earned $4 million. The ...
Long Kimmarita
https://www.phnompenhpost.com/national/royalties-concern-forest-activists
Officials probe border land dispute
Cambodian and Thai joint authorities on Monday reviewed a disputed area where the Thais removed cassava trees of two Cambodian farmers in Banteay Meanchey province’s Svay Chek district last week. The Cambodian side was represented by Major General Chhun Mao, deputy commander of the Royal ...
Khy Sovuthy
https://www.khmertimeskh.com/50579694/officials-probe-border-land-dispute/
Cambodian army backs business group in land dispute, defying government order
Cambodia’s military is backing a powerful company in its seizure of land in Preah Vihear province, guarding bulldozers sent to destroy villagers’ crops and defying government orders not to get involved in land disputes, Cambodian sources say. Speaking to RFA’s Khmer Service on Wednesday, one village ...
Richard Finney
https://www.rfa.org/english/news/cambodia/army-03062019164901.html
Mobile money transfer heats up
True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.The money-transfer service, which comes under the Thailand-based Charoen ...
Kun Kourchettana
http://www.phnompenhpost.com/business/mobile-money-transfer-heats
PM: Wage may be too high
After weeks of occasionally tumultuous negotiations saw 2016’s minimum wage for garment workers raised to $140 earlier this month, Prime Minister Hun Sen warned yesterday that the new rate could cause factories to flee Cambodia, even though he was credited with personally intervening to push ...
Mom Kunthear and Charles Rollet
http://www.phnompenhpost.com/national/pm-wage-may-be-too-high
Maize has local farmers’ ears
Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/maize-has-local-farmers-ears
Japan reaffirms commitment to Cambodia and national election
Japanese Prime Minister Shinzo Abe has reaffirmed his commitment to the country and the upcoming national election as Kem Sokha’s daughter has taken to social media to demand an explanation as to why Japan is supporting an “artificial” election. Last week Japan’s ambassador to Cambodia, Hidehisa ...
May Titthara
http://www.khmertimeskh.com/50110505/japan-reaffirms-commitment-cambodia-national-election/
Sugar plantation victims release demands
Representatives of 175 families in Koh Kong province’s Sre Ambel and Botum Sakor districts have released their final demands to end their 10-year land dispute with Koh Kong Sugar Industry (KSI) and Koh Kong Plantation. The families are asking for two hectares of land to be ...
Pech Sotheary
http://www.khmertimeskh.com/news/33980/sugar-plantation-victims-release-demands/
Construction of Lower Sesan Dam in Stung Treng to Start in 2014
Construction of the Lower Sesan 2 Dam in Stung Treng province will begin in 2014 and the government will spend next year relocating some 5,000 people from villages that are located in the dam’s future reservoir area. Located near the confluence of the Sesan and Srepok ...
Loan agreement inked for Cambodia’s first garment training school
The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...
Cambodia to get its first garment training institute
The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de Development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660
Rubber price drops as exports increase
Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ...
Government Bank Gives Loan for Rice Milling
The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia’s efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company ...
Cambodia reports 60 pct rise in internet users last year
Cambodia recorded about 2.7 million internet users as of December last year, a 60 percent rise year-on-year, a senior official said Thursday. Meanwhile, he said the country has 6 mobile phone operators. As of last year, those operators had sold out 19.1 million SIM cards, ...
http://news.xinhuanet.com/english/sci/2013-03/14/c_132234173.htm
Cambodia’s garment industry expanding
Both exports and imports of garment materials rose more than 17 per cent in the first quarter of the year compared with the same period last year, reflecting a growth in Cambodia’s biggest industry. Exports of garment and textile materials went up by 17.5 per cent ...
http://www.phnompenhpost.com/2013060466032/Business/cambodia-s-garment-industry-expanding.html
Thai and Cambodian trade fair on the road
In a joint effort to promote trade ties, government officials in Cambodia and Thailand have organised the first “Caravan Fair” in which producers within the neighbouring countries will showcase their products to one another. The Cambodia-Thailand Caravan Fair 2013, a travelling event starting on June 25 ...
http://www.phnompenhpost.com/2013061966350/Business/thai-and-cambodian-trade-fair-on-the-road.html
Lending at Cambodia's banks increases 17 pct in 9 months
Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. The kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.S. dollars to customers by the end of September ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/21/c_132907523.htm