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Upcoming Book Assesses Benefits and Limitations of Foreign Aid

A new book by a Cambodian-born author, due to be published this month, is set to bring the debate over Cambodia’s dependence on foreign aid into the spotlight. Since 1992, Cambodia has received more assistance for its development than almost any other country on the planet. ...

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

Kingdom lacks engineers: minister

Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...

http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html

Youths to march for justice over shooting

More than 300 youth from around Cambodia plan to rally on Friday to demand justice for the man killed during the opposition party’s three-day demonstration last month. Participants from a variety of universities, high schools, youth clubs, civil societies and other groups will march from Wat ...

Mom Kunthear
http://www.phnompenhpost.com/national/youths-march-justice-over-shooting

Cambodia at UN To Defend Rights Record

Cambodia’s opposition leader, Sam Rainsy, is currently in Geneva, where the UN Human Rights Committee is reviewing the country’s rights record. Cambodian government officials are defending their rights record for the second time in four years at the Universal Periodic Review. Sam Rainsy, who heads the Cambodia ...

Sok Khemara, VOA Khmer
http://www.voacambodia.com/content/cambodia-at-un-to-defend-rights-record/1839449.html

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

Borei Keila Residents File Criminal Suit Against Phanimex

One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...

Japan Asks for Tax Breaks, Better Regulations

The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...

MFIs watch rice loans

The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...

May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/

Stocks Slow as CSX Sees First Day Without Trades

For the first time since the bourse went alive in April, no trading took place on the Cambodian Securities Exchange on Friday. The share price of the bourse’s sole listing, the Phnom Penh Water Supply Authority (PPWSA), remained flat at 6,450 riel ($1.58) at the end ...

As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed

It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...

http://www.etmcambodia.com/blog.php?article=502

Bank to study loan possibilities for rice

Delegates from the Import-Export Bank of China will visit Cambodia next week to discuss loans for the rice-processing and exporting sector, according to government officials. Son Kunthor, president of the state-owned Cambodian Rural Development Bank, said yesterday that Chinese delegates will come to study the feasibility of ...

http://www.phnompenhpost.com/index.php/2012081457965/Business/china-bank-to-study-loan-possibilities-for-rice.html

Stirrings from B Kak developer

After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...

http://www.phnompenhpost.com/index.php/2012092858978/National-news/boeung-kak-lake-developer-makes-moves.html

Cambodia Angkor Air expands its international network

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its

Cambodian PM greets large group of Chinese businesspeople

Cambodian Prime Minister Hun Sen on Thursday met with a large group of Chinese business executives visiting Cambodia to explore investment opportunities. To date, he said, the Sino-Cambodian relationship has reached the level of the Comprehensive Strategic Partnership of Cooperation. The premier said China has helped ...

http://news.xinhuanet.com/english/world/2013-02/28/c_132199209.htm

Cambodia Joins Stocks Party

Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...

http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html

Luxury tourism slowly on the rise

A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...

http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html

Californian Winery Enters Cambodian Market

California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/

Unions Want Government, Factories to Resume Wage Talks

The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...

Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/

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