Japan offers $103M aid and loan to Cambodia, both vow to strengthen relations cooperation
Cambodian and Japanese bilateral relationship and cooperation have further strengthened, following a visit by Japanese Foreign Affairs Minister Yoko Kamikawa on July 6. ...
Sovann Sreypich and Tang Porgech
https://cambojanews.com/japan-offers-103m-aid-and-loan-to-cambodia-both-vow-to-strengthen-relations-cooperation/
Cargo at Phnom Penh Port Jumps 15.24 Percent
The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...
Hun Sen promotes price lists for public institutions
Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...
Migrant kids’ schooling at risk
A plan floated in Thailand to cut state educational support to migrant workers’ children has drawn the ire of rights groups, which say thousands of Cambodian youths could be denied their basic right to education. According to Thai media, Kamol Rodklai, secretary-general of the Office of ...
Alice Cuddy and Phak Seangly
http://phnompenhpost.com/national/migrant-kids%E2%80%99-schooling-risk
National Assembly amends internal rules, pass bills on state budget
Four draft laws and bills were approved by the National Assembly (NA) on November 29, at the 8th session presided over by NA acting president (NA) Cheam Yeab with 99 NA members present. ...
Lay Samean
https://www.phnompenhpost.com/national/national-assembly-amends-internal-rules-pass-bills-state-budget
Kingdom seeks United States investment in health sector
Cambodia urged the US-ASEAN Business Council to explore the possibility of investing in the health sector and private hospitals in the Kingdom. Boun Sarakmoni, Secretary of State, in a meeting also told the visiting delegates to consider investing in the processing and packaging of agricultural ...
Hong Sovannary
https://www.khmertimeskh.com/501247706/kingdom-seeks-united-states-investment-in-health-sector/
90 Garment Factory Workers Faint Over Two-Day Period
About 90 garment factory workers fainted over a two-day period last week at Zhen Tai garment factory in Sen Sok district’s Phnom Penh Thmei commune, union officials and police said yesterday, though accounts of what caused the mass fainting differed. Thirty workers first fainted on ...
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...
Staff Protest Corruption at Telecom Cambodia
The director-general of Telecom Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...
http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/
Anti-Eviction Protesters Continue to Rally Outside US Embassy
Insisting on a response from American authorities, more than 100 eviction protestors from Phnom Penh continued to rally outside the U.S. Embassy yesterday and resubmitted a petition asking for President Barack Obama to address their land rights when he visits the country next week. Since confirmation ...
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Kingdom to reach rice target
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
PM Defends Interest Rates
Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...
http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html
US Taxman Provides Investigation Training
The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...
http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/
Kampot’s famous pepper goes global
When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...
http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global
China's Huaneng takes majority stake in Se San River II hydro project, Cambodia
China Huaneng Group has successfully completed the acquisition of a majority 51% stake in Cambodia Se San River II Hydropower Co., Ltd. The acquisition was completed last month in Phnom Penh, the capital of Cambodia. ...
Water Power and Dam Construction News Staff
http://www.waterpowermagazine.com/news/newschinas-huaneng-takes-majority-stake-in-se-san-river-ii-hydro-project-cambodia-4183165
PPWSA sets an IPO date
Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...