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Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm

Two new ports for Cambodia

The Phnom Penh Autonomous Port (PPAP) will officially open two new ports in January in response to a rise in imports and exports of cargo. The PPAP is also one of the state-owned enterprises due to be listed on the Cambodian stock exchange by 2014. ...

http://www.phnompenhpost.com/2012122660476/Business/two-new-ports-for-cambodia.html

Indonesian Trader Close to $1.5b Cambodia Sales Deal

Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207

1 in 20 Firms Carry Out Environment Assessments

Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out environmental impact assessments, an official at the ministry of Environment said yesterday. Speaking at a workshop in Phnom Penh ...

Simon Lewis and Khuon Narim, P.1
http://www.cambodiadaily.com

Cambodia's banking industry sees robust growth in 2012

Cambodia’s banking sector has maintained strong and steady growth in terms of loans and deposits in 2012 thanks to better economic performance, a central bank’s senior official said Tuesday. “Our banking system remains robust this year despite economic crisis in Europe and economic slowdown in the ...

http://news.xinhuanet.com/english/business/2012-12/25/c_132062871.htm

A Dam Conundrum: Xayaburi Project Could Help Laos And Thailand, Hurt Cambodia And Vietnam

Officials in Laos announced that construction of the controversial Xayaburi dam will begin with a kickoff ceremony at the construction site Wednesday. Protests from human rights activists and environmental groups have delayed the project for 18 months, but the joint Laotian and Thai project is apparently ...

http://www.ibtimes.com/dam-conundrum-xayaburi-project-could-help-laos-thailand-hurt-cambodia-vietnam-859904

ASEAN Post Ministerial Conference Focuses On Mutual Benefits

The ASEAN Post Ministerial Conference (PMC) 10 + 1 Session with 10 ASEAN’s Dialogue Partners, namely, Australia, Canada, China, the European Union (EU), India, Japan, New Zealand, the Republic of Korea, the Russian Federation, and the United States of America were held in Phnom Penh, Cambodia, on 11 July 2012. They focused on cooperation ...

http://thesoutheastasiaweekly.com/

Cambodia, Colombia ink deal for political consultation mechanism

Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...

http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm

Juneyao Airlines tries flights from Shanghai

Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...

http://www.phnompenhpost.com/2013060766123/Business/juneyao-airlines-tries-flights-from-shanghai.html

After CPP Reshuffle, Sok An’s Fiefdom Trimmed

Deputy Prime Minister Sok An has a stunning portfolio of positions within the CPP government. On Monday, CPP lawmakers once again appointed Mr. An as the Cabinet Minister for Prime Minister Hun Sen. He is also the chairman of the state-controlled Cambodian National Petroleum Authority and ...

Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/elections/after-cpp-reshuffle-sok-ans-fiefdom-trimmed-43665/

Delays continue to constrain launch of Cambodia Airlines

For Cambodians aspiring to a career in aviation, this weekend looks promising. Almost seven months after its formal establishment, Cambodia Airlines is hosting a career fair in Phnom Penh. The airline is moving forward by looking for staff – from captains, first officers and cabin crew ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/delays-continue-constrain-launch-cambodia-airlines

CAMBA Business Expo Looks to Invigorate Cambodian Businesses Both Home and Abroad

The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...

http://lbpost.com/business/2000002745-camba-business-expo-looks-to-invigorate-busniess-both-home-and-abroad#.UhW47sphjIV

Two years after offer, US yet to clean up war-era chemicals

Government officials on Thursday said they are still waiting for the U.S. Embassy to make good on a 2012 offer to clean up several barrels of the riot control agent CS that were dropped on Cambodia during the U.S.’ war with Vietnam and which the ...

Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/two-years-after-offer-us-yet-to-clean-up-war-era-chemicals-64930/

High-level officials to get raises

Prime Minister Hun Sen is set for a monthly salary hike of more than $900 as part of sweeping changes to senior government and high-ranking civil servant bonuses, according to a new sub-decree. The document, dated October 13 and obtained by the Post yesterday, states that ...

Pech Sotheary and Shane Worrell
http://phnompenhpost.com/national/high-level-officials-get-raises

Shots fired at me, says Tep Kolap

In a bizarre series of events, only days after being vindicated by the Supreme Court, Phnom Penh International University rector Tep Kolap claimed to have been chased across Phnom Penh yesterday evening by men who shot at her car as she sought refuge in Prime ...

http://www.phnompenhpost.com/index.php/2012100259043/National-news/tep-kolap-alleges-attempted-murder.html

Temple may be heritage site

Sambor Prei Kuk, the seventh-century temple of the pre-Angkorian Chenla Kingdom built by Isanavarman I, is to be submitted for consideration as a World Heritage Site to UNESCO. The announcement came yesterday at a seminar on research and conservation on the temple complex, the most important ...

Chhay Channyda
http://www.phnompenhpost.com/national/temple-may-be-heritage-site

US Passes Bill to Suspend Some Aid to Cambodia

The U.S. House of Representatives on Wednesday passed a spending bill that would suspend some funding to Cambodia until the government carries out an independent investigation of July’s disputed national election and reforms its electoral system, or until the opposition ends its boycott of parliament. The ...

Zsombor Peter
http://www.cambodiadaily.com/news/us-passes-bill-to-suspend-some-aid-to-cambodia-50778/

Cambodia Factories Grapple With Issue of Underage Workers

SIHANOUKVILLE, Cambodia—In this quiet beach town, Lim Loeung says she spends up to 80 hours a week gluing soles onto shoes at a factory that does work for companies including Japanese sneaker-maker Asics Corp. 7936.TO +0.95% The factory believes Ms. Lim is at least 18 ...

Kate O' Keeffe
http://online.wsj.com/news/articles/SB10001424052702303799404579287353595133592

Japan to Open ‘State-of-the-Art’ Hospital in Phnom Penh

Phnom Penh could have its first international-standard medical facility if a Japanese plan to construct a critical-care center equipped with state-of-the-art medical technologies and highly trained doctors, nurses and surgeons goes ahead, according to local officials and Japanese government documents. Japanese Prime Minister Shinzo Abe announced ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/japan-to-open-state-of-the-art-hospital-in-phnom-penh-48433/

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