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Cambodia’s trade with Hong Kong jumps 22%

Bilateral trade between Cambodia and Hong Kong rose more than 22 per cent year-on-year in 2011, according to data from the Hong Kong Trade Development Council, whose regional base is in Hanoi. Total trade was US$741 million, compared with $607 million in 2010. Cambodia’s exports to Hong ...

http://www.phnompenhpost.com/index.php/2012030654868/Business/cambodias-trade-with-hong-kong-jumps-22.html

Riel sees stable gains on dollar this year

A steady rise in the value of Cambodia’s riel since the beginning of the year demonstrated increased confidence in the currency often shadowed by predominant usage of the US dollar, officials said yesterday. “The consequent rising value of riel proves there is more confidence in ...

http://www.phnompenhpost.com/index.php/2012030854928/Business/riel-sees-stable-gains-on-dollar-this-year.html

Security Preparations Under Way Ahead of Asean Summit

Two weeks before the opening of the 20th Asean Summit in Phnom Penh, preparations are under way to increase security and clean up Cambodia’s capital ahead of the arrival of hordes of foreign dignitaries on April 3. According to Phnom Penh deputy military police chief Pong ...

Sub-Decree to Require Licenses fro Tour Guides

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

Fainting link to Canadian cold

Women who had fainted in a poorly ventilated garment factory on the outskirts of Phnom Penh on Wednesday morning were making winter coats to be sold at Walmart stores in Canada, it was revealed yesterday. Executives with Taiwanese-owned Heart Enterprise (Cambodia) Ltd also confirmed reports ...

http://www.phnompenhpost.com/index.php/2011090251420/National-news/fainting-link-to-canadian-cold.html

Time right for talks on sea boundary

In 2009, the Democrat-led government and the People’s Alliance for Democracy accused ousted former prime minister Thaksin Shinawatra of holding secret talks with Cambodia about exploiting oil and gas reserves in the Gulf of Thailand. The government threatened to revoke a memorandum of understanding on overlapping ...

http://www.bangkokpost.com/news/local/255142/time-right-for-talks-on-sea-boundary

Mobile market still growing

Cambodian mobile operators added more than 1 million new subscribers between May and July, with Smart Mobile seeing the largest percentage increase for the period, according to Ministry of Posts and Telecommunications figures obtained by the Post. Marc Einstein, a Tokyo-based analyst at research and ...

http://www.phnompenhpost.com/index.php/2011090751483/Business/mobile-market-still-growing.html

Maid recruits routinely deceived, report finds

Job recruitment agencies that send workers overseas often deceive young women through misleading job advertisements by using brokers that have “a position of authority” within the community, according to a new report by the Asia Foundation. According to the report, agencies also inflate migration costs that ...

Kingdom's three-year land rush

The government has granted more than 7 million hectares of land to private companies through concessions since 2008, with 222 private companies claiming more than 2 million hectares alone in economic land concessions, rights group Adhoc said yesterday. Ouch Leng, head of Adhoc’s land program, said ...

http://www.phnompenhpost.com/index.php/2011112152868/National-news/kingdoms-three-year-land-rush.html

Workers Call For Factory Official to Go

More than 1000 factory workers protested in Phnom Penh yesterday outside the Sun Well Shoes Company factory in Pur Senchey district, demanding higher wages and the dismissal of the factory’s administration chief, union representatives said. Tep Saroeun, a union representative at Sun Well Shoes Company in ...

http://www.camnet.com.kh/cambodia.daily/

Authorities Fire Weapons During Seziure of Rosewood

Forestry officials and police in Siem Reap province’s Banteay Srei district seized a car transporting more than 100 pieces of illegally logged rosewood on Wednesday night, the 10th haul of the luxury wood in the province since January, according to a court official. Despite the efforts ...

Mondolkiri Minority Group Granted Communal Land Title

Residents of an ethnic minority village in Mondolkiri’s Seima Protected Forest on Monday became the first community in the province to receive a communal land title, land management officials said yesterday. About 500 indigenous Bunong families from Andoung Kraloeng village in O’Reang district’s Sen Monorom commune ...

NGOs Say Railway Compensation Report Devalues Homes

Housing rights groups yesterday criticized resettlement packages paid out by the government and Asian Development Bank (ADB) to people displaced by the rehabilitation of Cambodia’s railways, saying the packages do not account for growing inflation. A joint statement issued yesterday by Housing Rights Task Force, ...

Police Say Hun To News Story Untrue

The Interior Ministry yesterday defended Prime Minister Hun Sen’s nephew, Hun To, following explosive allegations by an Australian newspaper, The Age, which alleged that Australian police had suspected Mr. To of involvement in a drug smuggling and money laundering syndicate. An official from the Cambodian conglomerate ...

Lost Opportunities as Cambodian Labor Goes Abroad: Advocate

Even with an improved domestic job market, many Cambodian workers are seeking jobs overseas, despite the risks. This is mainly due to the government’s failure to get the word out, Moeun Tola, a labor advocate at the Community Legal Education Center, told “Hello VOA” Thursday. “We see ...

http://www.voanews.com/khmer-english/news/human-rights/Lost-Opportunities-as-Cambodian-Labor-Goes-Abroad-Advocate-145241375.html

Templeton Cautions Investors Riding Myanmar, Cambodia Growth

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

http://www.businessweek.com/news/2012-03-31/templeton-cautions-investors-riding-myanmar-cambodia-growth

Trucks Banned on Phnom Penh Streets for Duration of Summit

Phnom Penh City Hall has banned all trucks transporting goods and gasoline from traveling on the city’s roads in daytime hours to ease traffic during the Asean Summit, according to a notice placed on the municipality’s website Saturday. The Ministry of Education has also told 12 ...

Stocks’ excellent first quarter

Preservation of capital is fast losing ground to increased risk-taking as global equity markets close the quarter with a stellar performance. Investors are concerned that they will miss the accelerating upside move. Out of the 78 major financial markets around the world, the score is 66 positive ...

http://www.phnompenhpost.com/index.php/2012040455410/Business/stocks-excellent-first-quarter.html

Photo of pupils learning outside prompts action

Prime Minister Hun Sen on Thursday ordered National Committee for Disaster Management first vice-president Kun Kim to visit O’Chunh Primary School in Teuk Kraham commune’s Sen Rung Roeung I village in Choam Ksan district, Preah Vihear province, after images of students studying in tents went ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/photo-pupils-learning-outside-prompts-action

Cambodia to boost China rice exports

Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap. Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night, ...

http://www.phnompenhpost.com/index.php/2012083058375/Business/cambodia-to-boost-china-rice-exports.html

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