Less palm sugar due to production delay
Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...
http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html
Moto imports jump 55 per cent
IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the ...
http://www.phnompenhpost.com/2013022761643/Business/moto-imports-jump-55-per-cent.html
Protesters Forgo Roadblock, Distribute Petitions
Villagers in Koh Kong province involved in a long-running land dispute with two sugar cane plantations linked to CPP Senator Ly Yong Phat handed out petitions to passing motorists along National Road 48 demanding their land back. It was a change of pace for the villagers, ...
Looking back at riel history
For the past decade, Cambodia’s economy has steadily grown with GDP growth surpassing 5% on a compounded annual basis for the past twelve years. Nearly 58% of the populace is engaged in agriculture, while the service sector employs 26% and industry accounts for the remaining ...
http://www.phnompenhpost.com/index.php/2012071057308/Business/history-of-the-riel.html
Local markets still favorite
Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use. The shopping behavior data, provided by ...
http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html
Backers ask King to set Sonando free
Members of the Association of Democrats, the group led by jailed activist and Beehive Radio owner Mam Sonando, rallied in front of the Royal Palace yesterday to deliver petitions appealing for his release. Huon Phannary, the deputy secretary-general of the association, said yesterday that nearly 100 ...
Xayaboury dam simulation model unveiled
Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...
E-commerce set to boom
E-commerce in the Kingdom would boom during the coming years as a result of technological developments and young Cambodians being eager to gain skills in new technology, a gathering of business people heard during “E-biz Tuesday”, a monthly meeting for discussion on Cambodia’s e-commerce industry. According ...
http://www.phnompenhpost.com/index.php/2012110859633/Business/e-commerce-set-to-boom.html
Major Cineplex comes to Cambodia
Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in ...
http://www.phnompenhpost.com/2013021461365/Business/major-cineplex-comes-to-cambodia.html
Mfone Workers Demand $4.4M Compensation
About 200 former employees of bankrupt mobile phone operator Mfone yesterday protested outside the company’s shuttered offices, asking for the help of Prime Minister Hun Sen in the fight to get more than $4 million in compensation from the company. Mfone declared itself insolvent in ...
Anti-trafficking laws under-enforced: NGO
Rem Vannak remains in poor health after enduring about two years of 21-hour days working for no pay on a fishing boat in Fiji, where he was beaten when he complained. Lin Yu Shin, who owns Giant Ocean – the company Vannak worked for that allegedly ...
http://www.phnompenhpost.com/2013070466659/National/anti-trafficking-laws-under-enforced-ngo.html
Salt Harvest Below Forecast
The Kep-Kompot Salt Producers Community says salt production fell nearly 50 per cent below forecasts because of early rainfall, which is assumed to end salt harvesting for the year. Prime Minister Hun Sen, however, has stepped in to ensure that price remains stable. Hun Sen ...
http://www.phnompenhpost.com/2013041965112/Business/salt-harvest-below-forecast.html
Families Foresee Rocky Road Ahead
Fourteen Phnom Penh families claimed yesterday that government maps showing their houses in the path of a road-widening project were inaccurate and would condemn them to eviction without adequate compensation. Ek Malin, 57, a representative of the community on Street 347 in Tuol Kork district’s Boeung ...
http://www.phnompenhpost.com/2013042665262/National/families-foresee-rocky-road-ahead.html
Kampot pepper yield down
This year’s weather has proven too hot for the Kingdom’s famous Kampot pepper, as yields of the spice dropped for the first time since 2008. Some 22 tonnes of pepper were harvested this year between January and May, short of the 27 tonnes predicted for this ...
http://www.phnompenhpost.com/2013052065706/Business/kampot-pepper-yield-down.html
Japanese bank to boost local investments
Japanese Bank of Tokyo-Mitsubishi UFJ (BTMU) signed an agreement yesterday with local Canadia Bank to shore up Japanese growth in Cambodia and to demonstrate its confidence in the Kingdom’s financial sector. BTMU’s managing executive officer, Takami Onodera, and Pung Kheav Se, chairman of Canadia Bank, yesterday ...
http://www.phnompenhpost.com/2013051065537/Business/japanese-bank-to-boost-local-investments.html
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...
Cambodia shrugs at Gambia’s import ban
Gambia’s recent announcement that it would ban rice imports in about three years to spur local demand will only have a small impact on Cambodia, which sends a portion of its annual output to the west African country and other nations on the continent, data ...
http://www.phnompenhpost.com/2013061866317/Business/cambodia-shrugs-at-gambia-s-import-ban.html
US Congressman Says Hun Sen Must Resign
The chairman of the U.S. House of Representatives Committee on Foreign Affairs called on Prime Minister Hun Sen to stand down during an event attended by CNRP Vice President Kem Sokha in California on Saturday night. Speaking at a CNRP fundraising event, Ed Royce, a Republican ...
Alex Willemyns and Phorn Bopha
http://www.cambodiadaily.com/news/us-congressman-says-hun-sen-must-resign-48243/
Cambodia Rejects Rice Contamination Claims by EU
The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...
Oryza News Staff
http://oryza.com/news/cambodia-rejects-rice-contamination-claims-eu
China to provide $33 mln loan to Cambodia
China has pledged 200 million Yuan (around USD $33 million) to Cambodia in addition to the loans and grants provided in April of this year. The loan announcement was made during a meeting between Cambodia’s Prime Minister Hun Sen and China’s Prime Minister Li Keqiang. Hun Sen ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=OWM1YjU3MDNlOGU