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Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned Wednesday. In its annual economic update on east Asia and the Pacific, the bank said the region was the most disaster-stricken in ...

The Cambodian Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzMyZGM3M2ZiN2Y4ODU1ZDM0ODJjYmI5NDQwMTM3

Cambodian deal to resettle asylum seekers imminent

A controversial deal to allow Australia to send refugees to Cambodia is imminent and could be signed as early as this week, sources have told Fairfax Media. The Australian and Cambodian governments have been negotiating for months over a deal to resettle up to 1000 refugees ...

Ben Doherty and Sarah Whyte
http://www.smh.com.au/federal-politics/political-news/cambodian-deal-to-resettle-asylum-seekers-imminent-20140810-102ht3.html

Children gain opportunities but face risks in age of social media

A Children’s Fund (Unicef) report on the use of social media by children and adolescents in East Asia says that although access to such sites provides children with big opportunities, it also exposes them to the growing risks that accompany the platforms. ...

Voun Dara
https://www.phnompenhpost.com/national/children-gain-opportunities-face-risks-age-social-media

Large-scale Mekong River landfilling draws concern eco-system and water way

Almost every day for the past year about a dozen boats carrying thousands of cubic meters of sand dump their load at Koh Norea, a small tip of land where the Mekong spills into the Bassac river. According to workers at the site, the sand ...

Sorn Sarath
https://cambojanews.com/large-scale-mekong-river-landfilling-draws-concern-eco-system-and-water-way/

Oddar Meanchey coal power plant set for next year

A 265MW coal-fired power plant in Oddar Meanchey province is scheduled to begin operations early next year as construction of the plant’s infrastructure and transmission line connecting to East Siem Reap Substation nears completion, according to deputy provincial governor Di Rado. ...

Hin Pisei
https://www.phnompenhpost.com/business/oddar-meanchey-coal-power-plant-set-next-year

Asiatic black bear spotted in Cambodia’s protected areas

The rare and endangered Asiatic black bear (Ursusthibetanus) has been spotted in Cambodia’s protected areas, according to the Ministry of Environment. The bear species is present in several different regions including East, South and SouthEast Asia. ...

Nov Sivutha
https://phnompenhpost.com/national/asiatic-black-bear-spotted-cambodias-protected-areas

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

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 ...

http://www.voanews.com/khmer-english/news/economy-business/Economists-See-Growth-Potential-in-Stock-Exchange-126703268.html

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/

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 ...

http://www.phnompenhpost.com/index.php/2012112259887/Business/regional-comprehensive-economic-partnership-to-create-huge-market.html

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

Mr. PUTH Chan Choth

Mr.​ PUTH​ Chan​ Choth​ is​ an​ ICT​ manager​ of​ an​ international​ humanitarian​ organization​ in​ Cambodia.​ He​ is​ also​ a​ technical​ working​ group​ of​ CCC​ (Cooperation​ Committee​ for​ Cambodia)​ that​ help​ to​ contribute​ an​ effective​ use​ of​ ICT​ for​ civil​ society​ organizations​ as​ well​ as​ contributing​ ...

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