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Cambodia’s tourism growth rate slows

Arrivals from Thailand and Laos gained the highest growth rate in May of all Cambodia’s tourist suppliers according to the country’s latest tourism report. Released by the Statistics and Tourism Information Department of the Tourism Ministry, the report showed a slowdown in travel from Thailand during ...

http://www.ttrweekly.com/site/2012/07/cambodias-tourism-growth-rate-slows/

Insurance, banks join forces

Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...

http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html

Preah Vihear to get new border crossing

The Cambodian government is seeking a new international border checkpoint in Preah Vihear province to link with Thailand’s Ubun province, officials say. Preah Vihear provincial governor Um Mara said officials from both countries had met to examine the possibility of opening a new international checkpoint. There ...

http://www.phnompenhpost.com/index.php/2012081658022/Business/preah-vihear-to-get-new-border-crossing.html

Leaders of Japan, China to Attend Asean, East Asia Summits

The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...

http://www.cambodiadaily.com

On Eve of Visit, Obama Faces Asean Challenges, New China Leader

Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...

http://www.voacambodia.com/content/on-eve-of-visit-obama-faces-asean-challenges-new-china-leader/1545093.html

Thailand promoted as Asean insurance hub

The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...

http://www.nationmultimedia.com/business/Kingdom-promoted-as-ASEAN-insurance-hub-30194268.html

Sofa Man a big hit with local lounge lizards

Many expats living in Siem Reap have found themselves on the eternal quest for a comfortable sofa. A big, squishy sofa like the one at home, that allows a body to really stretch out on. A Khmer settee – wooden, bench-like and unforgiving – just ...

http://www.phnompenhpost.com/index.php/2012111659759/Siem-Reap-Insider/sofa-man-a-big-hit-with-local-lounge-lizards.html

Thai Rights Commission to Publish Report on Sugar Plantations

A final report from Thailand’s human rights commission on the alleged rights violations of a Thai company involved in two Cambodian sugar plantations is expected by late January, a member of the commission said. In July, the National Human Rights Commission of Thailand said its investigation ...

http://www.cambodiadaily.com

Officials to Map Bunong Land for Communal Titles This Month

Efforts to map the ancestral land of five ethnic Bunong communities that have long sought collective property titles in Mondolkiri province’s Pech Chreada district will finally begin later this month, with funding for the project coming from the U.N., officials said yesterday. “We are working in ...

http://www.cambodiadaily.com/news/officials-to-map-bunong-land-for-communal-titles-this-month-9644/

Cambodia, Vietnam telecoms jointly launch Super Highway Network

State-owned Telecom Cambodia (TC) and Vietnam Telecom International (VTI) on Friday jointly launched Super Highway Telecom Network in order to improve Internet and telecom services in Cambodia and to meet customer’s demands, said a joint press release. The 260-kilometer super highway link connects VTI’s POP (Point ...

http://news.xinhuanet.com/english/world/2012-04/20/c_131541368.htm

Regional health insider talks Cambodian medical care

A French doctor established International SOS between Jakarta and Singapore 27 years ago. The company conducted emergency airlifts for patients to Singapore due to the lack of quality health services available in Indonesia at the time. The French-owned company now has a presence in 74 countries ...

http://www.phnompenhpost.com/index.php/2012051056078/Business/regional-health-insider-talks-cambodian-medical-care.html

Workers at Honda Plant Given Back Their Jobs

A factory in Phnom Penh that assembles motorcycles for Honda decided on Friday to reinstate four workers who had been fired in December for creating a new trade union. About 300 workers at the Honda NCX Company in Pur Senchey district had been on strike since ...

'Hong Kong Land' Project Pushed Back to 2013

Property development firm Hongkong Land (HKL) will not break ground on a 10,700-square-meter mixed-use office and retail project in Phnom Penh’s Daun Penh district until at least 2013, officials at the firm said Thursday. HKL acquired the property behind the U.S. Embassy in April 2011 as ...

Service sector eyes AEC's pot of gold

Thai small and medium-sized enterprises (SMEs) in the auto services, logistics, software and medical tourism sectors are tipped to see massive growth opportunities once the Asean Economic Community (AEC) is set up. Industry Minister M.R. Pongsvas Svasti said Thailand’s service sector, which accounts for 30% of ...

http://www.bangkokpost.com/business/economics/309110/service-sector-eyes-aec-pot-of-gold

Cambodia ripe for more exports

Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...

http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html

Reported Cases of Land Grabbing Decrease

The number of new land disputes reported in the first six months of this year decreased by 38 percent compared to the same period in 2011, according to data released by rights group Licadho last week. According to the figures, which represent 15 of the country’s ...

Men Sarun to export canned noodles to the US and ASEAN

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...

http://www.phnompenhpost.com/index.php/2012071657432/Business/men-sarun-to-export-canned-noodles-to-the-us-and-asean.html

Phase Two of Sen Sok Town to begin soon

The second phase of Sen Sok Town, located in Sangkat Phnom Penh Thmai Khan Sen Sok, is slated to start shortly, after it has finished about 70 per cent of its first project. The two projects are worth about US$35 million. The company plans to start the ...

http://www.phnompenhpost.com/index.php/Real-Estate/phase-two-of-sen-sok-town-to-begin-soon.html

Cambodia: Prime Minister Hun Sen Mocks Land Dispute

Cambodian Prime Minister Hun Sen mocked a group of ethnic minority villagers who tried to petition him on Friday about their land dispute in northern Cambodia’s Rattanakiri province, after they were stopped from presenting their complaint during his visit on a land-titling campaign. Hun Sen was ...

http://www.eurasiareview.com/08122012-cambodia-prime-minister-hun-sen-mocks-land-dispute/

Businesses Told to Close for 8 Days for King Father's Funeral

Business owners in Phnom Penh’s Daun Penh district yesterday said they will not follow a government directive to close their businesses for eight days in observance of the second mourning period for the late King Father Norodom Sihanouk. The order, which was distributed on Sunday to ...

http://www.cambodiadaily.org

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