EU offers $7m grant to elevate fisheries sector
The European Union (EU) has announced plans to pump almost $7 million to support Cambodia in reforming its fisheries sector. ...
Mao Sreypich
https://kiripost.com/stories/eu-offers-7m-grant-to-elevate-fisheries-sector
A budding friendship
A more than hour-long meeting between Philippines President Rodrigo Duterte, making his first-ever visit to Cambodia, and Prime Minister Hun Sen ended yesterday afternoon with an aide to the premier offering reporters the typical avowals of “cooperation”. But while the state visit – which included ...
Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/budding-friendship
New community-based drug program to launch
Municipal officials on Tuesday announced a new initiative to help rehabilitate Phnom Penh’s drug addicts by offering discreet treatment services at local health centers. The initiative will encourage commune-level officials to visit known drug addicts in their community and tell them about the treatment options available at ...
Khy Sovuthy and George Wright
http://www.cambodiadaily.com/news/new-community-based-drug-program-to-launch-68130/
PPWSA settles on IPO price
A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark
Asean to forge ahead through global crises
Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia’s government said yesterday. Indonesia’s Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Nations (ASEAN), said it was evident since the ...
Government Says New Jet Was Leased From Chinese Airline
The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...
http://www.cambodiadaily.com/news/government-says-new-jet-was-leased-from-chinese-airline-12328/
ASEAN: more unity among members needed
Further comprehensive economic co-operation and expansion among ASEAN’s member states, East Asia and its development partners was imperative for managing risks and impacts from the fragile global economy, Prime Minister and ASEAN chairman Hun Sen said during the ASEAN Global Dialogue yesterday. The dialogue brought together ...
Preah Vihear Families File Complaints As Land Set Aside for Airport
More than 60 families living in Preah Vihear province filed a complaint with rights group Ahdoc yesterday after officials announced that their land had been set aside for a new airport and would not be measured for private land titles, local officials said. Adhoc Preah ...
Regional Bank, IMF Note Risks to Government's Dam Guarantee
The government’s guaranteed bailout of major infrastructure projects, such as the future 400-megawatt hydropower dam in Stung Treng province, requires a thorough assessment of forecasted risks – a capacity which the government currently does not possess, an Asian Development Bank (ADB) official said yesterday. Speaking on ...
http://www.cambodiadaily.com/news/regional-bank-imf-note-risks-to-governments-dam-guarantee-11269/
Cambodia attracts $2.28 bln investment projects last year: gov't report
Cambodia had granted licenses to 157 domestic and foreign investment projects with a total investment of 2.28 billion U.S. dollars in 2012, according to a report of the Council for the Development of Cambodia (CDC) on Tuesday. Domestic investors topped the chart among all investors last ...
http://news.xinhuanet.com/english/business/2013-01/29/c_132136638.htm
Bids called on Cambodia rail link
The State Railway of Thailand (SRT) will call an e-auction on April 10 on work to renovate damaged tracks connecting Thailand with Cambodia at the Aranyaprathet-Poipet crossing, Transport Minister Chadchat Suttipan said on Tuesday. The railway agency estimated the project will cost 2.8 billion baht. ...
http://www.bangkokpost.com/breakingnews/343563/thailand-to-open-bid-to-rebuild-tracks-with-cambodia
Cambodia growth to continue, but development faces shortfalls
Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...
Lauren Crothers, P. 20
http://The Cambodia Daily
Cambodia Ups Minimum Wages for Workers
The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...
http://www.rfa.org/english/news/cambodia/wages-03212013185628.html
Cambodia's garment exports up 22 pct in 5 months
Cambodia’s garment industry, the country’s biggest income earner, recorded 2.06 billion U.S. dollars in export value in the first five months of this year, up 22 percent on the same period last year, a Commerce Ministry’s report showed Tuesday. Garment export accounts for more than 80 ...
http://www.asean-china-center.org/english/2013-06/27/c_132492345.htm
Chartered carrier takes off
Newly established Wat Phnom Airlines completed its maiden flight to Taiwan’s Taoyuan International Airport on July 10. But its predecessor, grounded Tonlesap Airlines, is said to owe the same airport more than $50,000 in landing fees. The local chartered carrier “is officially in business after it ...
http://www.phnompenhpost.com/business/chartered-carrier-takes
Calm, mostly, prevails
Although International Human Rights Day ended in the forceful eviction of protesters from outside the US embassy last night, monks and their supporters who spent days marching to the capital met with no opposition in the morning as they defied a ban on marching to ...
Post Staff
http://www.phnompenhpost.com/national/calm-mostly-prevails
Villagers Get Land Title After Torching Excavator
A land dispute between a development company and residents in Phnom Penh’s Russei Keo district boiled over late Friday night, with villagers setting fire to an excavator that they say company staff were using to raze a crematorium on the disputed plot of land. Villagers say ...
Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/villagers-get-land-title-after-torching-excavator-47790/
Biomass is more than energy
Rural Cambodian communities are seeing economic benefits as a result of a biomass and farming resilience project run by GERES, a French NGO. As part of the AREA project, 200 households in Kampong Chhnang province are growing 22 varieties of trees to negate the effects of ...
Erika Mudie, P. 10
https://www.phnompenhpost.com/business/biomass-benefit-rural-cambodia
Tax incentives offered to SMEs that register
Tax preferences have been offered to small and medium enterprises (SMEs) as incentives for encouraging informal ones to register and update business information. ...
Chea Vannak
https://www.khmertimeskh.com/50692394/tax-incentives-offered-to-smes-that-register