Damage control for Dumex
While New Zealand dairy giant Fonterra is working overtime to restore its damaged brand in the wake of a contaminated baby milk scare that triggered a global recall, local distributors whose products included the suspect ingredient are defending their own reputations. Local supplier Dumex Cambodia ...
Daniel de Carteret
http://www.phnompenhpost.com/business/damage-control-dumex
Easier to invest in Cambodia
Chongqing and Phnom Penh will become sister cities, after which it will be more convenient for those Chongqing enterprises to invest in Cambodia. Cambodia is an important trading partner for Chongqing and it has become one of the major countries for the development strategy of “going ...
Daily Economic News Staff
http://www.dailyeconomic.com/2013/Asia-Pacific_0927/1928.html
Cambodia’s rice under fire
Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice exports duty-free advantages in the global market. According to a January 31 report from rice industry publication Oryza, members of the Italian ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-rice-under-fire
VisionFund empowering rural women
VisionFund Cambodia, which took root in the Kingdom in 2003 as the result of a partnership with global NGO World Vision, aims to empower women and their families with small loans and other financial services, in additional to bolstering the education available for poor children ...
Moeun Nhean
http://phnompenhpost.com
Timber by the numbers
Cambodia’s foremost logging baron exported more than 100,000 cubic metres of timber from Sihanoukville Port last year, likely including a species protected by an international treaty to which the Kingdom is a signatory, an analysis by Global Witness of leaked export records suggests. The data, obtained ...
Daniel Pye
http://www.phnompenhpost.com/national/timber-numbers
New ministry in the vanguard of digital revolution in Kingdom
In a bid to respond to emerging digital innovation and global technological trends, a draft law submitted to the National Assembly regarding the proposed Ministry of Industry, Science, Technology and Innovation – currently named Ministry of Industry and Handicraft – presents seven articles designed to ...
Sun Mesa
https://www.khmertimeskh.com/50700789/new-ministry-in-the-vanguard-of-digital-revolution-in-kingdom
UN: Record-breaking 60 million forcibly displaced worldwide
The U.N. refugee agency warns the number of people forcibly displaced from their homes is likely to exceed 60 million in 2015.The UNHCR has released its Mid-Year Trends 2015 report covering global forced displacement during the first six months of this year. ...
Lisa Schlein
http://www.voacambodia.com/content/record-breaking-60-million-forcibly-displaced-in-the-world/3109147.html
Maersk sees a slowing EU
The Cambodia representative for the world’s largest shipping company said exports from Cambodia to Europe grew by more than 60 per cent during 2011, but have since weakened. “Rice exports grew a lot during 2011 and a lot of it went to Poland and France,” ...
Stuart Alan Becker, P. 9
http://www.phnompenhpost.com/index.php/2012050856019/Business/maersk-sees-a-slowing-eu.html
Samsung holds No 1 position
Samsung smartphones are dominating Cambodia’s crowded mobile phone market in terms of market share and the number sold, company representatives said yesterday. “For the smartphone industry in Cambodia, we are absolutely dominant. That means we stand as number one in terms of market share, based on ...
http://www.phnompenhpost.com/index.php/2012082458257/Business/samsung-holds-no-1-position.html
A raft of complications
Riun Pau ran out of food last week. For the 13-year-old and her family, that moment was the culmination of weeks of distress caused by flooding that had already ravaged their Battambang home and farmland. Pau’s neighbours are experiencing similar problems. In Battambang, 67.3 per cent ...
Khouth Sophak Chakrya and Amelia Woodside
http://www.phnompenhpost.com/national/raft-complications
Climate concerns for Cambodia
The government needed better mechanisms to adapt to the effects of climate change, which could result in droughts and floods that cause deaths, destroy rice paddies and place an undue burden on the budget, a senior official said yesterday. Environment Minister Mok Mareth told a workshop ...
A national car for Cambodia
UK-based BIW automotive company on Friday signed a US$2 billion join venture investment with ACICA Automotive (Cambodia) to build a factory in Preah Sihanouk province for a Cambodian-made vehicle within the next three years. The agreement was made between BIW’s director Robin Bowyer and ACICA’s Group ...
http://www.phnompenhpost.com/index.php/2012091758751/Business/a-national-car-for-cambodia.html
Long-Delayed Donor Meeting Set for Wednesday
The government and its foreign donors are preparing for their next high-level aid meeting Wednesday, their first sine the government surprised donors in August 2011 by indefinitely suspending the meetings, citing the global financial crisis. However, officials at the Finance Ministry and the Council for the ...
Cardamom Mountains Need Green Economy And Development
In a ceremony of launching new book highlighted solutions to Cambodia’s cardamom conundrum, Author and scientist Timothy Killen explains the potential for Cambodia to become a world leader by pursuing an innovative, low carbon, green development pathway that will foster economic growth and create opportunities for its people, while conserving the natural environment. “Cambodia is ...
Cambodia Needs $100 Million Annual Investment to Develop Energy Projects
Phnom Penh: “Cambodia is needing $ 1 billion over the years or at least 100 million annual investment to develop renewable energy projects for rural electrification in order to reduce its dependence on diesel consumption,” said Mr. Toch Sovanna, Director of Departmemnt of Energy Technique, ...
Strikes lead to cut in orders
Global brands Levi’s and Gap had slashed their orders from the Tai Yang and Camwell garment factories by 20 per cent, the factories’ boss said yesterday, amid the longest strike in the industry’s recent history. Tai Yang Enterprises manager Wu Minghuor said his company had shuttered ...
Russian Firm Steps Up Dam Deal
Laos has stepped up plans for three hydropower dams on Mekong River tributaries, updating an eight-year-old deal with a Russian investor to build the projects for U.S. $1.5 billion. Lao authorities signed a project development agreement with Russia’s Regional Oil for the Sekong 4, Sekong 5, ...
http://www.rfa.org/english/news/laos/hydropower-02062013151208.html
New study reveals catastrophic loss of Cambodia's tropical flooded grasslands
Around half of Cambodia’s tropical flooded grasslands have been lost in just 10 years according to new research from the University of East Anglia. The seasonally flooded grasslands around the Tonle Sap, Southeast Asia’s largest freshwater lake, are of great importance for biodiversity and a ...
http://phys.org/news/2013-03-reveals-catastrophic-loss-cambodia-tropical.html
Sales of palm sugar not so sweet
Sales of Cambodia’s World Trade Organization-certified palm sugar from Kampong Speu province dipped to 12 tonnes at the end of the harvest season this year, about a 30 per cent decline from 2012. Two districts with palm trees in Kampong Speu province were granted geographical indication ...
http://www.phnompenhpost.com/business/sales-palm-sugar-not-so-sweet
Logistics and insurance firms driving office market
Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...