New five-point plan to tackle drug slum
The government has announced a new action plan to deal with the drug problem in Trapaing Chhouk, a slum in the capital’s Sen Sok district that has been an open market for drug use and distribution for over a decade. ...
Niem Chheng and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/new-five-point-plan-tackle-drug-slum
GSP exemption pitched
A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched
Developer adds touch of nature in luxury condo project
One of the country’s fastest-growing developers, Orkidé Villa, is making a move for a share of the premium condominium market with a $350 million condo and mall project that will cover a 36-hectare area of Sen Sok district adjacent Street 2004, it announced this ...
Sum Manet
http://www.khmertimeskh.com/news/17765//
Manufacturers seek help to upgrade products for export to ASEAN
Local manufacturers are calling for government support to help them make their products meet quality standards set by other members of ASEAN – standards they say will be the major barrier to access the regional market as the ASEAN Economic Community (AEC) kicks off at ...
Corruption keeping economy ‘mostly unfree’
Cambodia’s “Economic Freedom”—a broad measure of how well individuals and businesses can create and protect their wealth —was classed as “mostly unfree” in a new report released by the Washington-based Heritage Foundation, which identified corruption and bureaucracy as impediments to free markets. ...
Tej Parikh
https://www.cambodiadaily.com/news/corruption-keeping-economy-mostly-unfree-107266/
Thai logistics set to step into Cambodia
JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/21305/thai-logistics-set-to-step-into-cambodia/
Surrogacy business shifts to Cambodia
The international market for surrogacy is proving to be very resilient in the face of legal and social disruption. Now that India, Nepal and Thailand have banned international clients from using local surrogates, clinics and brokers are shifting their business to Cambodia. ...
Michael Cook
http://www.bioedge.org/bioethics/surrogacy-business-shifts-to-cambodia/11638
Sweet step forward for Kampong Speu palm sugar
Palm sugar from Kampong Speu, which has been registered for geographical indication (GI) status, is in the processing stage of being granted protected geographical indication (PGI) status in Thailand and Vietnam. This comes after Kampot pepper was recently certified as PGI in the European Union ...
Chea Vannak
http://www.khmertimeskh.com/news/22734/sweet-step-forward-for-kampong-speu-palm-sugar/
Palm sugar’s GI status could soon get EU protection
The European Union is expected to enter Kampong Speu palm sugar into its registry of protected geographical indicators (GI) by July following a push by the Cambodian government to protect the specialty food product in one of its biggest markets, a Ministry of Commerce official ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/palm-sugars-gi-status-could-soon-get-eu-protection
Project to connect buyers to local produce suppliers
USAID Cambodia officially launched its Feed the Future Cambodia Harvest II project yesterday, a five-year initiative that aims to promote commercial horticulture in four Cambodian provinces and help smallholder farmers gain access to markets, reducing the country’s high dependence on imported fruits and vegetables. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/project-connect-buyers-local-produce-suppliers
Wildlife meat trade rampant
To get a sense of the wildlife in the forests of northeastern Cambodia, visitors need only visit Stung Treng’s central market, where – despite repeated attempts by conservation groups to crack down – illegally poached meat is sold openly, as The Post witnessed earlier this ...
Phak Seangly and Cristina Maza
http://www.phnompenhpost.com/national/wildlife-meat-trade-rampant
GMS ministers to meet in Siem Reap
The second Greater Mekong Subregion Agriculture Ministers Meeting will be held in Siem Reap province early next month, with agro-food products, exploring new markets for agricultural products and solving issues in the sector expected to be high on the agenda. ...
Chea Vannak
http://www.khmertimeskh.com/5077636/gms-ministers-meet-siem-reap/
Bank will offer loans to farmers
Chief Cambodia Specialized Bank, a subsidiary of a Hong Kong-based brokerage firm, will begin operations in Cambodia next month, its management said on Monday. Sokun Chakriya, head of marketing and sales at Chief Cambodia, said the bank aims to increase access to finance in Cambodia’s agricultural ...
Hor Kimsay
http://www.phnompenhpost.com/business/bank-will-offer-loans-farmers
Rice Federation may rely on banks, gov’t for capital
The Cambodian Rice Federation (CRF) plans to borrow at least $400,000 for international marketing campaigns if it fails to meet its goal of raising $777,000 for the plans through imposing export fees on its members, the organization’s president said Friday at CRF’s annual conference. ...
Kang Sothear
https://www.cambodiadaily.com/business/rice-federation-may-rely-on-banks-govt-for-capital-77548/
Police ordered to monitor jewelry shops around the clock
National Police chief Neth Savoeun has issued an order to police to begin 24-hour monitoring of market jewelry shops and money exchanges, and warned officers they could be fired if they allow armed robberies to occur, according to a notice posted on the police’s website ...
Ouch Sony
https://www.cambodiadaily.com/news/police-ordered-to-monitor-jewelry-shops-around-the-clock-80572/
Husband of acid attack victim to file complaint against court
The husband of a woman attacked with acid at a market in Takeo province in November plans to file complaints Monday with the Supreme Council of the Magistracy and the Anti-Corruption Unit, claiming local court officials are to blame for a lack of action in ...
Daimler India exports trucks to Cambodia from Chennai facility
Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100 per cent wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, started exporting its DICV-made FUSO trucks to Cambodia, making it the 13th market ...
Business Standard News Staff
http://bit.ly/1K93glr
Cambodia’s exports to U.S. worth over $8 billion in 11 months
Cambodia exported $8,217 million worth of products to the U.S. market in the first eleven months of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501203068/cambodias-exports-to-u-s-worth-over-8-billion-in-11-months/
Korean investors plan to set up a cashew processing plant in Cambodia for export
Representatives of the Korea Agro-Industrial Resources Association plan to set up a cashew processing plant in Cambodia for export to international markets. ...
Khmer Times Staff
https://www.khmertimeskh.com/501337218/korean-investors-plan-to-set-up-a-cashew-processing-plant-in-cambodia-for-export/