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Jiangsu province opens trade, economic office in coastal Cambodia

East China’s Jiangsu province on Wednesday opened a trade and economic representative office in the Sihanoukville Special Economic Zone (SSEZ) in southwest Cambodia, aiming to further boost trade and investment ties between the two countries. ...

Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/10/content_22679139.htm

Cambodia ready to host world economic forum despite inequality: official

As Cambodia prepares to host the World Economic Forum in East Asia, an official from the group that organizes the event has said the country is ready, having seen steady growth and reductions in poverty in recent years. ...

Hul Reaksmey
http://www.voacambodia.com/a/cambodia-ready-to-host-world-economic-forum-despite-inequality-official/3843041.html

Still no mango exports to South Korea

Cambodia has yet to export mangoes to South Korea despite signing a memorandum of understanding in 2015 with the East Asian country’s Animal and Plant Quarantine Agency, according to a senior official in the Ministry of Agriculture. ...

Sok Chan
http://www.khmertimeskh.com/5078690/still-no-mango-exports-south-korea/

Preah Vihear Families' Land Issues Go Unheard

About 50 families living on the site of the long-discussed Preah Vihear airport went to the provincial hall yesterday to request that local officials reconsider their earlier decision to refuse them land titles on the grounds that the airstrip would soon be rebuilt. Villagers attended ...

http://www.cambodiadaily.com

Cambodia's economy to grow by 6.7% this year: WB

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm

Cambodia, Among Others, Feeding China's Demand for Timber

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

http://www.cambodiadaily.com

Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%

Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

http://www.livetradingnews.com/cambodias-total-trade-worth-us-2-7-b-in-first-2-months-28-108436.htm#.UU-oRBej2xA

Striving to make finance accessible

Access to finance could reduce violence, empower the most vulnerable in society and improve the livelihoods of Cambodia’s poorest people, a conference on community-led funding heard on Wednesday. Sarah Sitts, country manager of the international NGO Pact, introduced the funding model of savings-led micro-finance (SLMF). In ...

http://www.phnompenhpost.com/2013032964776/Business/striving-to-make-finance-accessible.html

Food prices up 1.6 pct in April

Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...

http://www.phnompenhpost.com/2013070566683/Business/food-prices-up-1-6-pct-in-april.html

MFone workers told to wait

Former employees of the failed telecommunications company MFone have been told they can expect a decision next month on their claims for more than $4 million in compensation. Former Mfone section manager Bou Kunthea said after a meeting yesterday with offic-ials from the Ministry of Social ...

http://www.phnompenhpost.com/2013032062036/Business/mfone-workers-told-to-wait.html

Majority of Unions Reduce Wage Demands

Six of the 10 labor unions negotiating with the country’s garment manufacturers over a new minimum wage for factory workers dropped their demands yesterday to $73 per month, breaking previous commitments by unions to stand at $91. Ken Loo, secretary-general of the Garment Manufacturers Association ...

http://www.cambodiadaily.com

Satellite system will save fuel and routes

Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...

http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes

No consensus on next move in SL drama

After the management of an embattled garment factory this week refused to follow a government order to reinstate 19 dismissed union leaders and activists, unionists and observers are at a divergence of opinion over how the state should respond. “It’s fairly unprecedented,” Dave Welsh, country director ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/no-consensus-next-move-sl-drama

GDCE collects more than 1 billion state revenue in first 9 months

The General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance has collected around 4,649 billion Riel or some US$1.11 billion state revenue for the first nine months of 2015, according to the state news agency-AKP. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/gdce-collects-more-than-1-billion-state-revenue-in-first-9-months-9024

Cambodian state-owned telecom firm sees 5% revenue drop in H1

The state-owned Telecom Cambodia reported a 5 percent decline in revenues in the first half of this year due to tough competition in the country’s telecommunication industry, company director general Lao Saroeun said Friday. During the January-June period this year, the firm earned a gross revenue ...

http://news.xinhuanet.com/english/business/2012-08/17/c_131792460.htm

King: Chea Sim to be acting head of state during his absence

The King His Majesty Norodom Sihamoni issued a Royal letter today to inform his people that he and his mother, Her Majesty Norodom Monineath Sihanouk, would be out of the country from tomorrow and Chea Sim, the President of the Senate, will serve as the ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NjNlMDliYjdmZmV

Cambodian secretary of state of commerce chaired the CLMV meeting in Malaysia

The Seventh Cambodia – Lao PDR – Myanmar – Viet Nam (CLMV) Economic Ministers’ Meeting (EMM) was held on 25 August 2015 in Kuala Lumpur, Malaysia, according to ASEAN secretariat’s press release.The Meeting was chaired by H.E. Mr. Pan Sorasak, Secretary of State for Commerce, ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/cambodian-secretary-of-state-of-commerce-chaired-the-clmv-meeting-in-malaysia-8884

Mobile Banking Services On A Rise

F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...

http://www.phnompenhpost.com/2013050765437/Business/mobile-banking-services-on-a-rise.html

Government urged to act upon Phnom Penh–Svay Chrum bridge

The district of Svay Chrum, where the government has – since 2013 – been planning to build a bridge linking the Mekong river from west to east, is currently in the spotlight because of its advantageous geographical standpoint and slated future infrastructure development. ...

Siv Meng
http://www.phnompenhpost.com/post-property/government-urged-act-upon-phnom-penh-svay-chrum-bridge

Countries step up response

The outbreak of Middle East Respiratory Syndrome (MERS) in South Korea has sparked international alarm, and about 25,000 people have cancelled trips to the country between June 5 and 7, the Korean Tourism Organisation said.  ...

Today News Staff
http://bit.ly/1G8OV4h

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