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New name, same airline

Grounded Tonlesap Airlines has changed its name to Wat Phnom Airlines, an official with Cambodia’s State Secretariat of Civil Aviation said yesterday, about two months after the local chartered carrier suspended all of its flights. Wat Phnom Airlines is now in the process of applying for ...

http://www.phnompenhpost.com/2013061966352/Business/new-name-same-airline.html

Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders

Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...

http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm

Confidence at central bank

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

http://www.phnompenhpost.com/2013062566455/Business/confidence-at-central-bank.html

Iffy factory supplying LA’s finest

A Phnom Penh-based factory supplying uniforms for police officers and firefighters in the US city of Los Angeles continues to break Cambodian labour laws, a report to be publicly released today says. Kin Tai Garment factory, a supplier to 5.11 Tactical – which sells the uniforms ...

Sean Teehan
http://www.phnompenhpost.com/national/iffy-factory-supplying-la%E2%80%99s-finest

Ministry swapped in deal with timber magnate

In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...

Aun Pheap and Alex Consiglio
http://www.cambodiadaily.com/news/ministry-swapped-in-deal-with-timber-magnate-59216/

Smart axiata funds degrees for students

Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...

Mayuri Mei Lin​
http://www.khmertimeskh.com/news/31378/smart-axiata-funds-degrees-for-students/

FAO Raises Paddy Production Outlook

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...

http://www.cambizreview.com

Cambodia’s Economic Challenge

Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...

http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/

Fake potash reduces rice profits and farm output

A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

http://www.phnompenhpost.com/index.php/2012102359365/Business/fake-potash-reduces-rice-profits-and-farm-output.html

Fake Orphanage Ordered Closed After Alleged Migrant Scam

The Ministry of Interior has suspended the operation of an orphanage after it found that its director had colluded with a recruitment agency to cheat migrant workers out of an alleged $600,000, officials said Tuesday. “The Ministry of Interior temporarily suspends all activities of Our Friends ...

Khuon Narim
http://www.cambodiadaily.com/news/fake-orphanage-ordered-closed-after-alleged-migrant-scam-51114/

Can’t see the forest …

The percentage of Cambodia covered in forest has fallen from about 72 per cent in 1973 to only about 46 per cent in 2013, satellite image data released yesterday shows. A series of animated maps that Open Development Cambodia (ODC) produced from NASA satellite images detail ...

Shane Worrell
http://www.phnompenhpost.com/national/can%E2%80%99t-see-forest-%E2%80%A6

Smart, ministries offer scholarships

Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...

Voun Dara
https://www.phnompenhpost.com/national/smart-ministries-offer-scholarships

UN fights malnutrition with snack

The production of Nutrix, a new fish-based wafer snack, was launched in Phnom Penh on Monday to assist in the fight against “severe acute child malnutrition” in Cambodia. The Nutrix facility is the first of its kind in the Kingdom and only the second in ...

Niem Chheng
https://www.phnompenhpost.com/national/un-fights-malnutrition-snack

Project set to develop franchising

The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...

http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html

Global Media Conference Yields Ideas for Cambodian Internet

Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...

http://www.voanews.com/khmer-english/news/Global-Media-Conference-Yields-Ideas-for-Cambodian-Internet-160691415.html

Cambodia aiming for road connectivity in 2015

Cambodia says it hopes to have road connectivity to Vietnam and Thailand by 2015. The connection would be part of Asean integration, a process where Cambodia lags behind its neighbors. Six countries of the Mekong River delta have worked toward linking by road since 1998, in an ...

Khoun Theara
http://www.voacambodia.com/content/cambodia-aiming-for-road-connectivity-in-2015/1924443.html

Preah Vihear Families' Land Issues Go Unheard

About 50 families living on the site of the long-discussed Preah Vihear airport went to the provincial hall yesterday to request that local officials reconsider their earlier decision to refuse them land titles on the grounds that the airstrip would soon be rebuilt. Villagers attended ...

http://www.cambodiadaily.com

Cambodia's economy to grow by 6.7% this year: WB

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm

Cambodia, Among Others, Feeding China's Demand for Timber

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

http://www.cambodiadaily.com

Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%

Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

http://www.livetradingnews.com/cambodias-total-trade-worth-us-2-7-b-in-first-2-months-28-108436.htm#.UU-oRBej2xA

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