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Millers need greater access to credit: Govt

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...

http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html

AEC will 'Cut impact of US, EU woes'

Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...

http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html

Opposition Asks Donors to Stop Work With Government

Lawmakers from the opposition SRP and Human Rights Party who were expelled from Parliament earlier this month have called on the foreign diplomatic corps and international donors to stop signing agreements and conducting other business with the government of Prime Minister Hun Sen. In a letter ...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

Ethnic Banong Thwart Group of Illegal Loggers in Mondolkiri

More than 100 Banong ethic minority villagers in Mondolkiri province on Wednesday stopped and briefly apprehended a group of 11 outsiders who they say were caught illegally logging timber in the area, villagers said yesterday. The villagers say that they took it upon themselves to stop ...

http://www.cambodiadaily.com

Brunei inks deal to buy Cambodian jasmine rice

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm

Chinese bypass the local fare

Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...

http://www.phnompenhpost.com/business/chinese-bypass-local-fare

Eviction Protestors Block Phnom Penh International Airport

About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...

http://www.cambodiadaily.com/news/eviction-protesters-block-phnom-penh-international-airport-26147/

Hun Sen Hands More Four-Star Promotions to 6 Police Chiefs

In case the 29 officers Prime Minister Hun Sen promoted on January 30 to four-star general were not enough, six Interior Ministry police chiefs were also promoted to the same top rank late last month. A January 22 royal decree, obtained Wednesday, elevated the six lieutenant ...

Saing Soenthrith
http://www.cambodiadaily.com/news/hun-sen-hands-more-four-star-promotions-to-6-police-chiefs-51541/

Growth to be focus of ASEAN Economic Summit

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

UN, Asean: Drought in region may intensify

Drought in many parts of Southeast Asia may become even more frequent and intense if action is not taken now to build resilience, according to the latest joint study by the UN Economic and Social Commission for Asia and the Pacific (Escap) and the Association ...

Khorn Savi
https://www.phnompenhpost.com/national/un-asean-drought-region-may-intensify

Hun Sen aims to ban imports of non-recyclable waste

Cambodia could soon become the next Asian country to reject the importation of rubbish from overseas, despite suggestions from the private sector that Cambodia could burn waste to produce electricity. According to The Guardian, China’s ban on foreign waste last year left developed nations struggling to ...

Ben Sokhean
https://www.khmertimeskh.com/50623834/hun-sen-aims-to-ban-imports-of-non-recyclable-waste/

Study reveals extent of Mekong dam food security threat

The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...

http://www.scidev.net/en/south-east-asia/news/study-reveals-extent-of-mekong-dam-food-security-threat.html

South Korea plans Siem Reap ASEAN tree garden

South Korea plans to establish an ASEAN tree garden in Siem Reap province next year, as a symbol of enhanced relations, cooperation and connectivity between the East Asian country and the regional bloc. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/south-korea-plans-siem-reap-asean-tree-garden

Thailand works to spur exports to Cambodia, among four potential markets

Thailand’s Commerce Ministry is scheduled to organise about 450 activities to stimulate exports this year, focusing mainly on four potential markets namely the Middle East, South Asia, China, and the CLMV (Cambodia, Laos, Myanmar and Vietnam), a senior official has said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501239181/thailand-works-to-spur-exports-to-cambodia-among-four-potential-markets/

United States shows interest in energy sector

Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them. ...

Sun Mesa
https://www.khmertimeskh.com/50671915/united-states-shows-interest-in-energy-sector

New govt planning more state aid

While fresh aid is being planned for the impoverished through the social security fund, the incoming administration will keep up the practice of giving allowances to expectant mothers and young children. ...

Tith Kongnov
https://www.khmertimeskh.com/501348213/new-govt-planning-more-state-aid/

Moratorium on new universities

The Ministry of Education has vowed to shift its focus from the quantity of the country’s universities to their quality by instituting a moratorium on the approval of new institutions, officials said yesterday. Education Minister Hang Chuon Naron said that with more than 100 universities already ...

Chhay Channyda
http://www.phnompenhpost.com/national/moratorium-new-universities

Property prices remain flat in Phnom Penh

Despite signs that demand is starting to come back to the real estate sector, an oversupply in the market has kept prices for commercial and residential properties in Phnom Penh flat over the past 12 months, according to data from Bonna Realty Group. Prices for commercial ...

Bridging the gap between investment and accessibility in Chroy Changvar

Develop in the West, but do not forget the beautiful East that is Chroy Changvar with its beautifully boastful appearance. This is the claim that Prime Minister Hun Sen has used for the last decade to encourage investment and development on the dormant peninsula flanked ...

Siv Meng
http://www.phnompenhpost.com/real-estate/bridging-gap-between-investment-and-accessibility-chroy-changvar

Economy eases off the pedal

Cambodia’s economy is expected to grow by 6.9 per cent in 2015, driven by the construction sector, while traditional growth areas, such as garments and tourism, are expected to see a relative slowdown this year, according to a World Bank economic report.Yesterday’s update on the ...

Ananth Baliga
http://www.phnompenhpost.com/business/economy-eases-pedal

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