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Cambodia's export growth falls

Increased labour strife in the garment sector and slumping Western economies contributed to a slow-down in Cambodia’s exports during the first six months of the year, with total growth dropping by about 74 per cent year on year. Exports rose, to US$2.5 billion, up 12 per ...

http://www.phnompenhpost.com/index.php/2012072357550/Business/export-growth-falls.html

Cambodia's inflation increases by 1.6 pct in November

Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...

http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm

Cambodia's exports to U.S. down 1 pct in 11 months last year

Cambodia exported products in equivalent to 2.49 billion U.S. dollars to the United States in the first eleven months of 2012, down 1 percent from 2.52 billion U.S. dollars it exported at the same period a year earlier, the report of the U.S. Department of ...

http://english.peopledaily.com.cn/90778/8090542.html

Thousands Protest at H&M Factory, Demand Wage Hike

Thousands of garment workers yesterday protested outside a factory in Pur Senchey district making garments for the Swedish clothing company H&M, demanding a raise to their minimum wage and meal benefits, workers and union representative said. The workers of Gladpeer Garments Factory (Cambodia) Ltd., are demanding ...

http://www.cambodiadaily.com

Opposition Questions Shortcoming in Government Revenue

The National Assembly on Friday passed a law approving the government’s revenue and spending in 2011, drawing criticism from the opposition, which claimed the amount taken in by the government during the period was too low. All 77 CPP lawmakers present voted in favor of the ...

http://www.cambodiadaily.com/news/opposition-questions-shortcomings-in-government-revenue-8468/

Hong Kong offers visa free travel to officials

Cambodian diplomats and a range of government officials can now travel to Hong Kong without a visa and stay for 14 days under a new exemption agreement with the commercial Chinese city, officials said. The new exemption took effect on June 1, according to a statement ...

http://www.phnompenhpost.com/2013061366237/Business/hong-kong-offers-visa-free-travel-to-officials.html

Cambodia's tax revenues up 17 pct in 11 months

Cambodia’s General Department of Taxation had collected 800 million U.S. dollars of taxes in the first 11 months of the year, a 17 percent rise compared with the same period last year, a press release said Wednesday. The revenues came from tax on profit, withholding tax, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/cambodias-tax-revenues-17-pct-11-months

Battambang Pepsi factory torn down to make facility

A long-abandoned Pepsi bottling factory that became a part of the tourist trail in Battambang province has been razed to make way for a water-treatment facility, according to officials. On June 19, JICA signed off on a $33.5 million water-supply-system project in Kampong Cham and ...

May Kunmakara
http://www.phnompenhpost.com/business/battambang-pepsi-factory-torn-down-make-facility

Cambodia's biggest nationwide immunization campaign succeeds: minister

Some 4.5 million Cambodian children aged between 9 months and 15 years, have received new measles and rubella vaccines during the biggest nationwide immunization campaign, starting from October to December. Addressing in a joint press conference on the success of measles-rubella vaccine supplementary immunization activity campaign ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/10/c_133035602.htm

BIDV to open in Phnom Penh

A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday. The new branch is also expected to meet local demand and boost the development of trade and investment ties between ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTY2YzNlODE3YTk

Workers quietly trickle back

As garment union groups resume their strike today, thousands of workers plan on returning to work, largely citing financial necessity rather than ideological disagreement with the unions. The Ministry of Labour on Monday ordered union leaders to cease a nationwide strike that began nine days ago, ...

Mom Kunthear
http://www.phnompenhpost.com/national/workers-quietly-trickle-back

Cambodia seizes 3 tons trafficked ivory tusks at sea port

Cambodian customs officers on Friday morning confiscated around three tons of elephant tusks at the Sihanoukville Autonomous Port in Southwestern Preah Sihanouk province. In February, customs officers nabbed two Vietnamese men at the Siem Reap International Airport for smuggling 79.5 kg of illegal elephant tusks ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/09/c_133321744.htm

IMF forecasts Cambodia's economy at 7.2 pct in 2014

Cambodia’s economy is expected to grow by 7.2 percent this year, and pick up to 7.5 percent next year, the International Monetary Fund (IMF) has said. The IMF hailed Cambodia for making good progress in achieving the Millennium Development Goals and reducing poverty substantially. It said ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/01/c_133087969.htm

Government’s tax collection up to USD66 millions in January

The government collected USD 66. 4 million from taxation in January, up 14.5% from the same period last year, according to a statement released by the Taxation department. In 2014, tax revenue has been going up in all sectors of which financial service 27.6%, import-export ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=NjAwNTU2ZjViNDB

Cambodia's banks see robust growth in recent years: PM

Cambodian Prime Minister Hun Sen said Tuesday that the country’s banking sector has enjoyed strong growth in recent years and urged the banks to increase their lending to agriculture. According to the report of the National Bank of Cambodia, lending at the kingdom’s 34 commercial banks ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=204458

Clean water keeping kids in school: report

Keeping students in school may not be as straightforward as providing them with clean water, but a filtered drinking supply makes them less likely to take sick days, research published on Friday shows. The study, conducted by a UK-based medical school, compared drinking water access in ...

Laignee Barron
http://www.phnompenhpost.com/national/clean-water-keeping-kids-school-report

Endangered wild cattle discovered in northwest Cambodia

A British conservation group says its hidden cameras have taken photos of a wild cattle species in an area in Siem Reap province where it was previously thought to be extinct. In a statement released Wednesday, Fauna and Flora International said the cameras recorded six individual ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTczNGU3YzIzOGN

Casino sold to relative of CPP lawmaker

Entertainment Gaming Asia (EGA) last week sold Dreamworld Casino in Pailin province for $500,000 to a relative of the CPP lawmaker—and wife of former provincial governor Y Chhean—who owns the land on which the company built the casino, according to a press release Thursday. The gaming ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-casino-sold-to-relative-of-cpp-lawmaker-62750/

200 workers protest against forced overtime

About 200 workers from the Chinese-owned Pollysa (Cambodia) Home Textile factory in Sihanoukville protested Wednesday against the overtime they were being forced to work and the firing of 20 employees earlier this week who refused the extra hours, workers and a union representative said. Starting at ...

Ben Sokhean
http://www.cambodiadaily.com/news/200-factory-workers-protest-against-forced-overtime-63085/

Red Cross Donates $35K to Injured Security Guards

The Cambodia Red Cross donated a total of 140 million riel, or about $35,000, to 37 security guards that were injured after being beaten on Tuesday by opposition protesters demanding the opening of Freedom Park, officials said Wednesday. Kim Vutha, chief of the Daun Penh district ...

Hul Reaksmey
http://www.cambodiadaily.com/news/red-cross-donates-35k-to-injured-security-guards-64330/

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