Visitors to Cambodia up 14.1% through July
The number of foreign visitors arriving in Cambodia jumped 14.1 percent to about 16.2 million in the first seven months of this year compared to the same period last year, according to data released Friday by the Tourism Ministry. Vietnam accounted for the largest number of ...
Customers call Metfone on promise
Winning text messages in hand, about 25 angry Metfone customers yesterday gathered at the telecom’s head office on Mao Tse Tung Boulevard to demand the new iPhones they were promised. Each of the customers had paid US$0.30 to enter a Metfone-sponsored contest and received a text ...
http://www.phnompenhpost.com/index.php/2011120753193/Business/customers-call-metfone-on-promise.html
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Angkor Village strikers sued
The foreign owner of a luxury Siem Reap hotel has sued four workers he sacked last year, alleging they damaged his property during protests in which they accused him of firing them for unionising. In total, 67 workers were sacked last year by Ankor Village Hotel ...
http://www.phnompenhpost.com/index.php/2012022054601/National-news/angkor-village-strikers-sued.html
Australia helps safer roads in Cambodia
H.E. Tram Iv Tek, Minister for Pulic Works and Transport this week hosted a ceremony in Kampong Chhnang to inaugurate the completion on 87 kilometers of maintenance on National Road 5 between Phnom Penh and Kampong Chhnang under the joing Road Asset Management Project. The ...
ADB sees growth for Kingdom
The Asian Development Bank (ADB) yesterday countered Prime Minister Hun Sen’s prediction that gross domestic product growth will reach 8.7% this year, citing a smaller projection in its annual Asian Development Outlook update. The premier quoted the growth figure in a speech given on Monday, but ...
http://www.phnompenhpost.com/index.php/2011091551672/Business/adb-sees-growth-for-kingdom.html
Work to begin on controversial dam in Stung Treng next week
Workers will begin clearing forestland in Stung Treng province as early as next week in preparation for the controversial 400-megawatt Lower Sesan 2 dam, district officials and villagers said yesterday. The hydropower project, funded by Vietnam Electricity (EVN), will flood tens of thousands of hectares of ...
PM: Fight against fake news
Prime Minister Hun Sen raised cyber-security and access to information in his address to nearly 5,000 participants at the correspondents’ dinner held on Friday in Phnom Penh. In his speech, Hun Sen called on officials and members of the press to wage a fight against ...
Niem Chheng
https://www.phnompenhpost.com/national/pm-fight-against-fake-news
Wages set to increase for civil servants
The government will increase the minimum wage for civil servants, teachers, doctors, and armed forces in a move to improve their living conditions next year. Speaking in a cabinet meeting at the Peace Palace on Friday, Prime Minister Hun Sen said that wages for both government ...
Khy Sovuthy
https://www.khmertimeskh.com/50654902/wages-set-to-increase-for-civil-servants/
PM warns of decline in breastfeeding
Prime Minister Hun Sen yesterday noted a decline in the number of mothers breastfeeding their children and appealed for help reversing the trend. The Planning Ministry previously said the number of breastfeeding mothers dropped from 73.5 percent in 2010 to 65 percent in 2014. ...
Mom Kunthear
https://www.khmertimeskh.com/50657718/pm-warns-of-decline-in-breastfeeding/
Ministry riled over refugee deal money
Australia has so far disbursed more than $3.5 million in aid to Cambodia as part of the agreement for its unwanted refugees to be resettled here, but the Interior Ministry’s spokesman is livid that the money has come into the country via development agencies rather ...
Matt Blomberg
https://www.cambodiadaily.com/news/ministry-riled-over-refugee-deal-money-102756/
Angkor Wat bags $44 mil
Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...
Chea Vannak
http://www.khmertimeskh.com/news/30293/angkor-wat-bags--44-mil/
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year
Laos holds "groundbreaking" ceremony for contentious Mekong dam
Laos held a “groundbreaking” ceremony on Wednesday for a $3.5 billion hydropower dam on the Mekong River that is opposed by environmentalists and some neighbouring countries because of the possible impact on livelihoods, fisheries and agriculture. But it was unclear when actual construction of the contentious ...
http://www.reuters.com/article/2012/11/07/laos-dam-idUSL3E8M77GG20121107
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
Officials say Cambodia's price rises manageable
Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...
First & Main gear goes cheap
Workers from bankrupt plush-toy factory First & Main are still owed money after the Ministry of Social Affairs auctioned $200,000 worth of factory equipment for just $21,000, a labor rights advocate said Sunday. More than 350 workers were left stranded when the US-owned teddy bear factory closed in ...
http://www.phnompenhpost.com/index.php/2012102359360/National-news/first-a-main-gear-goes-cheap.html
Less palm sugar due to production delay
Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...
http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html
Moto imports jump 55 per cent
IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the ...
http://www.phnompenhpost.com/2013022761643/Business/moto-imports-jump-55-per-cent.html
Limited yarn supply troubles Cambodian silk industry
The silk industry of Cambodia is in rapid decline due to limited domestic supply of silk yarn and high cost of imported raw materials. According to the latest data released by the Food and Agriculture Organization (FAO)-Cambodia, the Southeast Asian nation imports 395 tonnes of raw ...
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=122102