Exports rose 19 percent: Commerce Ministry
The Commerce Ministry yesterday announced a 19 percent surge in exports for the year and a quadrupling of revenue collected from import licence fees, but would not provide analogous figures for total imports or explain what could be driving the increases. According to the ministry’s annual ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/exports-rose-19-percent-commerce-ministry
Channy: Banking will stay strong, with or without EBA
Association of Banks in Cambodia president In Channy on Tuesday said the Kingdom’s banking sector will remain strong and not be directly affected by the potential suspension of its access to the EU’s “Everything But Arms” (EBA) trade agreement. ...
May Kunmakara
https://www.phnompenhpost.com/business/channy-banking-will-stay-strong-or-without-eba
Sustainable development discussed at urban forum
The Ministry of Land Management, Urban Planning and Construction, in cooperation with UN Cambodia, held the Cambodia Urban Forum for the first time on Wednesday to identify priorities towards smart, sustainable and inclusive urban development in Cambodia. ...
Voun Dara
https://www.phnompenhpost.com/national/sustainable-development-discussed-urban-forum
Ministry: Construction workers must upskill
Ministry of Labour and Vocational Training official Teang Sak on Wednesday urged the private sector to work with the government in improving the skills of workers to meet the needs of the fast-growing construction sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-construction-workers-must-upskill
Mekong countries vow drug action
Countries along the Mekong River have vowed to increase co-operation in cracking down on and preventing drug trafficking from the Golden Triangle area and the import of chemical substances for drug production. ...
Mech Dara
https://www.phnompenhpost.com/national/mekong-countries-vow-drug-action
Khmer Cakes, Desserts Make a Sweet Display
The annual Khmer Cakes and Desserts Exhibition was launched yesterday with a ceremony on Phnom Penh’s riverfront near Wat Ounalom attended by officials from the municipality and Ministry of Culture. Noting that it was the second year the event had been held, Phnom Penh Governor Kep ...
Cellcard's COO Kay Lot resigns
One of Cambodia’s primary telecommunicatiOns companies, Cellcard, announced yesterday that lOngtime Chief Operating Officer Kay Lot has resigned. The departure of Kay Lot follows the departure of CEO David Spriggs who resigned his positiOn about two mOnths ago. TelecommunicatiOns industry insiders say the otherwise healthy and profitable ...
http://www.phnompenhpost.com/index.php/2012090758552/Business/cellcards-coo-kay-lot-resigns.html
250 Evacuated From Homes In Preah Vihear Due to Flood
More than 250 families in Preah Vihear province’s Preah Vihear City were evacuated from their homes yesterday and moved to higher ground due to flooding caused by persistent heavy rains that started last week, the provincial governor said. Preah Vihear Governor Oum Mara siad that the ...
Cambodia lures foreign investors in Thailand
Cambodia is trying to attract foreign investors with manufacturing bases in neighbouring countries, with promises their factories would be safer from flooding. The Phnom Penh Post reported that Commerce Minister Cham Prasidh is appealing to foreign investors with production bases in neighbouring countries, particularly Thailand, to ...
http://www.bangkokpost.com/news/asia/314346/cambodia-tempts-investors-from-neigbours
ADB lowers Cambodia’s economic growth to 6.4% in 2012 due to weak global demand
The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...
Construction of Lower Sesan Dam in Stung Treng to Start in 2014
Construction of the Lower Sesan 2 Dam in Stung Treng province will begin in 2014 and the government will spend next year relocating some 5,000 people from villages that are located in the dam’s future reservoir area. Located near the confluence of the Sesan and Srepok ...
Refined sugar for domestic market
Phnom Penh Sugar will begin producing white sugar this month for the Cambodian market to reduce the demand for imported sugar, according to a spokeswoman for the firm. Chheang Kemsoun, a representative of Phnom Penh Sugar, told the Post yesterday the company would produce white sugar ...
http://www.phnompenhpost.com/index.php/2012110759620/Business/refined-sugar-for-domestic-market.html
Coalition Party Could Take 30 Percent of Vote in 2013 Elections
The Cambodian National Rescue Party (CNRP), a coalition of the Sam Rainsy Party and the Human Rights Party, stands to gain about 30 percent of the vote if it decides to stand against the ruling CPP in next year’s national elections, the Committee for Free ...
Lauren Crothers, P.15
http://www.cambodiadaily.com
One Safe, Three Missing in Hydrodam Accident
PHNOM PENH – Authorities are searching for three missing construction workers at a Chinese hydroelectric dam in Pursat province, after pipes burst there on Saturday, causing a flash flood. one man, who had been fishing nearby and was thought missing, has been found “safe and alive” ...
http://www.voacambodia.com/content/one-safe-three-missing-in-hydrodam-accident/1557685.html
Volkswagen to be sold in Kingdom
Cambodia’s authorised distributor for Mercedes-Benz will also be selling Volkswagen vehicles in May, as it hopes to cash in on higher growth in the mass-market car sector. Though the sole distributorship deal was signed in 2009, Hung Hiep Group received approval last week from VW to ...
http://www.phnompenhpost.com/2013030761799/Business/volkswagen-to-be-sold-in-kingdom.html
Chut Wutty witness had eyes elsewhere
Another witness to the fatal shooting of prominent environmentalist Chut Wutty and military police officer In Rattana has said he did not see who shot the men after testifying in Koh Kong provincial court yesterday. Puom Ravin, a 37-year-old employee of the logging firm Timbergreen said ...
Lawyer Asks to Participate in Shooting Probe
A lawyer representing the three victims of the Feb. 20 shooting of workers at a special economic zone (SEZ) in Svay Rieng province has written to investigators asking to be allowed to participate in the case. Chin Lyda, a lawyer for human rights group Licadho who is representing the three ...
Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...
Authorities Seize Excavators Constructing Illegal Reservoirs
Kompong Thom provincial military police confiscated 29 excavators and arrested four drivers in a four-day operation ending yesterday aimed at stopping the illegal construction of reservoirs around the Tonle Sap lake, officials said. The reservoirs, which are used to retain water for use in dry-season farming, ...
Union Members Beaten During Factory Protest
Three union members were beaten by a gang of men during a protest outside a factory in Phnom Penh’s Dangkao district on Friday, the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) said. CCAWDU members Nei Buthoeurn, Chim Khheang and Chan Poeu, were beaten by a ...