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Millers need greater access to credit: Govt

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...

http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html

East Asia Summit to discuss how to address economic, financial disorder

East Asian leaders will discuss how to address economic and financial disorder when they meet heads of the International Monetary Fund, the Asian Development Bank and the World Trade Organization next week, a source said Wednesday. The source, who asked not to be named, said the ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjEzNWViMjBkYmE3ODY4NDIzMTY3OTQwZTU3Y2Mz

AEC will 'Cut impact of US, EU woes'

Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...

http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html

Opposition Asks Donors to Stop Work With Government

Lawmakers from the opposition SRP and Human Rights Party who were expelled from Parliament earlier this month have called on the foreign diplomatic corps and international donors to stop signing agreements and conducting other business with the government of Prime Minister Hun Sen. In a letter ...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

Ethnic Banong Thwart Group of Illegal Loggers in Mondolkiri

More than 100 Banong ethic minority villagers in Mondolkiri province on Wednesday stopped and briefly apprehended a group of 11 outsiders who they say were caught illegally logging timber in the area, villagers said yesterday. The villagers say that they took it upon themselves to stop ...

http://www.cambodiadaily.com

Brunei inks deal to buy Cambodian jasmine rice

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm

Chinese bypass the local fare

Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...

http://www.phnompenhpost.com/business/chinese-bypass-local-fare

Eviction Protestors Block Phnom Penh International Airport

About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...

http://www.cambodiadaily.com/news/eviction-protesters-block-phnom-penh-international-airport-26147/

Hun Sen Hands More Four-Star Promotions to 6 Police Chiefs

In case the 29 officers Prime Minister Hun Sen promoted on January 30 to four-star general were not enough, six Interior Ministry police chiefs were also promoted to the same top rank late last month. A January 22 royal decree, obtained Wednesday, elevated the six lieutenant ...

Saing Soenthrith
http://www.cambodiadaily.com/news/hun-sen-hands-more-four-star-promotions-to-6-police-chiefs-51541/

Giant development in Cambodia hinges on Chinese buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.property-report.com/cambodias-mega-development-lures-chinese-investors-34672

Growth to be focus of ASEAN Economic Summit

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

MobiTel, Smart Fight It Out Over Prices

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/

Ministry warns six provinces of low temperatures

The Water Resources and Meteorology Ministry yesterday issued a statement warning that temperatures in six provinces could dip to as low as 17 degrees Celsius starting today. ...

Mom Kunthear
https://www.khmertimeskh.com/50564387/ministry-warns-six-provinces-of-low-temperatures/

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

Firms that list to see tax cut

New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut

S'ville Port Likely to Miss Bourse Registration Date

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

As fast food takes hold, health fears grow

As the temperature in Phnom Penh crested 39 degrees celcius on Tuesday, a young British couple stepped into the air-conditioned embrace of Burger King.   ...

Ben Paviour
https://www.cambodiadaily.com/news/as-fast-food-takes-hold-health-fears-grow-112289/

Agriculture scholarships to help nurture local talent

A new agriculture scholarship and research grant were launched yesterday with the aim of nurturing local expertise by providing students opportunities to pursue graduate degrees and conduct research. ...

Chea Vannak
http://www.khmertimeskh.com/5086816/agriculture-scholarships-help-nurture-local-talent/

United States shows interest in energy sector

Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them. ...

Sun Mesa
https://www.khmertimeskh.com/50671915/united-states-shows-interest-in-energy-sector

New govt planning more state aid

While fresh aid is being planned for the impoverished through the social security fund, the incoming administration will keep up the practice of giving allowances to expectant mothers and young children. ...

Tith Kongnov
https://www.khmertimeskh.com/501348213/new-govt-planning-more-state-aid/

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