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Development pushes poor from land as Cambodia dams its rivers

“From my view, I don’t want to have it, but it is development, we can’t stop them,” says Srekor’s village chief, Leang Saroeurn. Cambodia’s impressive yearly GDP growth rates of 7 percent for the last decade have come, in part, through a ravenous consumption of the countries ...

Daniel Quinlan
http://asiancorrespondent.com/120212/development-drives-displacement-as-cambodia-dams-its-rivers/

Officials told to remain neutral

The Ministry of Interior on Tuesday ordered village and commune chiefs across Cambodia to not abuse their position, and the resources that come with it, by campaigning ahead of the Kingdom’s July 29 national elections. ...

Mech Dara
https://www.phnompenhpost.com/national/officials-told-remain-neutral

Doing Business in Cambodia Becoming More Difficult

Cambodia ranked 137 out of 189 countries in the World Bank’s Doing Business 2014 report released Tuesday, the first drop in at least two years that shows conducting business in the country is becoming more difficult. The report ranks countries in 10 categories, including starting a ...

Joshua Wilwohl and Aun Pheap
http://www.cambodiadaily.com/business/doing-business-in-cambodia-becoming-more-difficult-46243/

Evalliance & GMAC sign MoU to support Cambodian garments

The French textile and garment association (Evalliance) has entered into an agreement with the Garment Manufacturers Association of Cambodia (GMAC) to promote the Cambodian textile and garment industry. ...

Fibre2fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=168702

Sri Lankan company to plant 20,000 hectares of rubber in Cambodia

Sri Lankan agricultural group Lankem Ceylon PLC says it plans to plant 20,000 hectares of rubber in Cambodia as part of a diversification strategy. Lankem chairman A Rajaratnam disclosed the strategy in the company’s annual report for the year to March, 2012, released by the company ...

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

Adopting technology is key to develop health sector

Cambodia needs to invest more in developing human resources and infrastructure, a new health technology roadmap reveals. ...

Seng Mengheng
https://kiripost.com/stories/technology-is-key-to-health-sector-cambodia

Metfone helping to build Cambodia’s digital society

Having contributed $844 million to the Cambodian government and pledged to continue investing in the nation’s telecommunications infrastructure, Metfone is championing the kingdom’s digital revolution. ...

Kiripost staff writers
https://kiripost.com/stories/metfone-helping-to-build-cambodias-digital-society

NBC won’t recognise bitcoin

Cambodia’s central bank won’t recognise bitcoin as a form of payment, making the Kingdom the latest Asian country to reject the digital currency. National Bank of Cambodia director-general Chea Serey confirmed the regulator’s stance on the issue on Wednesday, citing the absence of any e-commerce law ...

Eddie Morton
http://www.phnompenhpost.com/business/nbc-won%E2%80%99t-recognise-bitcoin

Canada firm mulls offshore oil extraction in Kingdom’s Block A

Canadian-owned company EnerCam Resources Co Ltd (EnerCam) is studying the possibility of investing in oil extraction from Cambodia’s offshore Block A after the government terminated an agreement with Singapore-based KrisEnergy Ltd, after the oil and gas exploration company went bankrupt last year. ...

Hom Phanet
https://www.phnompenhpost.com/business/canada-firm-mulls-offshore-oil-extraction-kingdoms-block

Kingdom casts it export net wider to mitigate exit of major US and EU markets

Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. ...

Harrison White
https://www.khmertimeskh.com/50712402/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/

MoU to strengthen co-operation between Cambodia and India

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

http://www.phnompenhpost.com/index.php/2012120760146/Business/mou-to-strengthen-co-operation-between-cambodia-and-india.html

Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez

New Lango committee formed

The government has created a new interministerial committee to manage the activities of international NGOs, with an Interior Ministry official yesterday saying the body was intended to monitor organisations’ compliance with the controversial NGO Law. ...

Mech Dara
http://www.phnompenhpost.com/national/new-lango-committee-formed

Garment workers told to go back to factories

About 30,000 garment workers from 40 factories in Svay Rieng province yesterday were told to return to their jobs after being sent home Monday amid fears a strike over the minimum wage would turn violent. Has Bunthy, a provincial department director at the Ministry of Labour, ...

Mom Kunthear
http://www.phnompenhpost.com/national/garment-workers-told-go-back-factories

GTI price drops on day one

After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...

Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one

45th ASEAN Foreign Ministers' Meeting kicks off

The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...

http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm

Embassy defence: Ministry offers reply to criticism

The government this weekend hit back at criticism of its embassies in China, Malaysia and Thailand, insisting that they are helping migrants in need. ...

Vong Sokheng
http://phnompenhpost.com/national/embassy-defence-ministry-offers-reply-criticism

Officials pitch invesment from Thais

Cambodia’s top economy builders are looking to bring back Thai investment that has departed the country since the onset of political clashes involving Preah Vihear temple in northern Cambodia. officials at the Council for the Development of Cambodia (CDC) yesterday hosted 30 delegates from the Thai ...

http://www.phnompenhpost.com/index.php/2012072757653/Business/officials-pitch-for-invesment-from-thais.html

World Bank issues recommendations for Cambodia’s blue economy

The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a report released ...

Kang Sothear ​
https://www.khmertimeskh.com/501319728/world-bank-issues-recommendations-for-cambodias-blue-economy/

Cambodia’s Economic Opportunity

While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/

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