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Cambodia has great potential for FDI

An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...

http://www.phnompenhpost.com/2013010960687/Business/cambodia-has-great-potential-for-fdi.html

Evictees back on land

Dozens of families at Borei Keila have moved back on to land they were evicted from last year, despite intimidation and threats of arrest by security forces employed by developer Phan Imex. Earlier this month, security guards tore down the shelters of 12 families who had ...

http://www.phnompenhpost.com/2013032664678/National/evictees-back-on-land.html

ASEAN power chiefs to follow up power grid plan

Leaders of ASEAN power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening ...

http://www.chinadaily.com.cn/world/2013-05/23/content_16525904.htm

BUSINESS IN BRIEF 26/8: Cross-border trade with Cambodia on the rise

Cross–border commodity exchange between Vietnam and Cambodia is thriving thanks to 1,270km of shared border, 10 international gates, 37 main and auxiliary border gates, and nine border economic zones. The southern province of An Giang, which lies on the Cambodian frontier, has two international and two ...

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/82610/business-in-brief-26-8.html

Cambodia's oil imports down 5.6 pct in first half of 2013

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/26/c_132664169.htm

Property prices stagnant following election

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election

Threats after activism: monks

Two monks living a remote pagoda in Kampong Speu province’s Oral district said yesterday that a shot had been fired at their living quarters last Tuesday in what they suspected was a threat motivated by their conservation efforts and participation in an opposition rally. Venerables Sam ...

Phak Seangly
http://www.phnompenhpost.com/national/threats-after-activism-monks

Geopacific Resources outlines rights issue, funds to advance copper project in Cambodia

Cambodian-focused Geopacific Resources (ASX: GPR) has now released its 10 for 17 non-renounceable rights issue which will raise up to A$3.0 million at $0.05, and forms part of a larger funding package. In August GPR outlined a funding package which will include an equity placement of ...

Proactive Investors Australia News Styaff
http://www.proactiveinvestors.com.au/companies/news/47714/geopacific-resources-outlines-rights-issue-funds-to-advance-copper-project-in-cambodia-47714.html

Clashes renewed at cordon

Frustrated Boeung Kak and Borei Keila community members flooded past a Daun Penh road barrier yesterday after attempting to lodge complaints with district authorities in connection with Sunday’s violence at Wat Phnom. On Sunday night, a brutal raid on a peaceful vigil of about 20 protesters ...

Phak Seangly
http://www.phnompenhpost.com/national/clashes-renewed-cordon

US Ambassador Advises More Labor Skills as Asean Integrates

US Ambassador William Todd on Thursday urged the Cambodian government to strengthen the skills of its laborers, in order to meet the needs of an integrated Asean in 2015. The 10 Southeast Asian countries that comprise Asean are all moving toward an integrated economic block, which ...

Kong Sothanarith
http://www.voacambodia.com/content/us-ambassador-advises-more-labor-skills-as-asean-integrates/1785729.html

Fears SL strike could get ugly

Union officials fear violence that occurred at two separate rallies in front of the SL Garment Processing (Cambodia) Ltd factory last week will continue at one scheduled this morning. About 10 SL strikers were injured during demonstrations on Thursday and Friday, when uniformed and plain-clothes SL ...

Sean Teehan
http://www.phnompenhpost.com/national/fears-sl-strike-could-get-ugly

Cambodia's oil imports down 5.6 pct in first half of 2013

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

http://news.xinhuanet.com/english/business/2013-08/26/c_132664169.htm

Cambodia reports 21st bird flu case in 2013

An eight-year-old girl from Cambodia’s eastern Kampong Thom province has been confirmed for the H5N1 virus, bringing the number of the cases to 21 so far this year, a joint statement by the World Health Organization and the Cambodian Health Ministry said Tuesday. The little girl ...

Xinhunet News Staff
http://news.xinhuanet.com/english/health/2013-10/22/c_132820754.htm

Interior Minister Says Electronic ID Cards to Become Standard

Interior Minister Sar Kheng on Wednesday said that the government had begun formalizing the process for obtaining electronic national identity cards in a bid to reduce graft carried out by local authorities. Speaking on the sidelines of the 10th Government Discussion Forum on Electronic Identity at ...

Hul Reaksmey
http://www.cambodiadaily.com/news/interior-minister-says-electronic-id-cards-to-become-standard-49161/

Teachers to Recommence Strike for Higher Wage

Teachers around the country will recommence a labor strike today, demanding a raise in salary to $250 per month, teachers and the Cambodian Independent Teachers Union (CITA) said Tuesday. Teachers in Phnom Penh and at least five provinces on Monday began piecemeal strikes after CITA leader ...

Phorn Bopha and Matt Blomberg
http://www.cambodiadaily.com/news/teachers-to-recommence-strike-for-higher-wage-50313/

Cambodia’s workers falling behind in skills, jobs

With regional and international competition increasing, Cambodia’s workers could be falling behind. A new World Bank report says Cambodia’s labor force lacks the skills to advance the country’s economy, even as an increasing number of young people enter the labor market. Kem Lay, a sociology researcher, ...

Heng Reaksmey
http://www.voacambodia.com/content/cambodias-workers-falling-behind-in-skills-jobs/1940536.html

Deal falters, blame begins

Senior Cambodian People’s Party figures who have been at the forefront of negotiations with the opposition party yesterday offered lukewarm responses to the prospect of restarting talks that would bring an end to the opposition’s seven-month-long parliamentary boycott. Their position – that the opposition party was ...

Meas Sokchea
http://www.phnompenhpost.com/national/deal-falters-blame-begins

Office space demand up slightly in Q4 2013

Demand for office space in Phnom Penh in the fourth quarter of 2013 grew by five per cent over the previous quarter, according to research by local property services provider VTrust Property Company. VTrust deputy director Chrek Soknim said that growth in Q4 of last year ...

Sum Manet
http://www.phnompenhpost.com/real-estate/office-space-demand-slightly-q4-2013

Business employers say corruption greatest threat to economy

Corruption remains the most significant challenge facing Cambodia’s economy, according to a survey of more than 300 employers conducted last year by the International Labor Organization (ILO), the results of which were released Tuesday. Despite legislation meant to stamp out graft, corruption continues to be perceived ...

Colin Meyn
http://www.cambodiadaily.com/news/business-employers-say-corruption-greatest-threat-to-economy-53963/

Families walk out of land dispute compensation meet

Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...

Aun Pheap
http://www.cambodiadaily.com/news/families-walk-out-of-land-dispute-compensation-meet-56311/

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