CAMBA Business Expo Looks to Invigorate Cambodian Businesses Both Home and Abroad
The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...
Cambodia, a potentially lucrative market for Vietnam
Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services. ...
Report shows lack of information on Chinese-Funded Railway
With locals demanding dialogue with the Chinese firms behind a proposed multibillion dollar rail line to Preah Vihear province, an NGO report released yesterday highlights the dearth of information that has been made available on the project. Chinese company Cambodia Iron Steel Mining industry Group (CISMIG) ...
http://www.cambodiadaily.com/news/report-shows-lack-of-information-on-chinese-funded-railway-12723/
World Bank’s Boeng Kak Failure Cited in UN Report
The U.N.’s expert on housing rights has cited the World Bank’s failure to help thousands of families evicted from Phnom Penh’s Boeng Kak neighborhood as a prime example of why the bank needs to make human rights a focus of its land sector programs worldwide. At ...
http://www.cambodiadaily.com/news/world-banks-boeng-kak-failure-cited-in-un-report-14120/
Siamese Rosewood Elevated to Protected Status
Siamese Rosewood, which is illegally logged and exported from Cambodia in large quantities, will be protected internally as a threatened species following a decision taken in Bangkok yesterday. A meeting of the 177 countries party to the Convention on international Trade in Endangered Species of Wild ...
Forestry Administration Official Behind Arrests at Biofuel Firm
A court official said yesterday that the complaint that led to the imprisonment of a British man and two Cambodian staff at a troubled biofuel firm was filed last year by a senior Forestry Administration official. Gregg Fryett, 45, was arrested by the Anti-Corruption Unit ...
Multimodal transport operation will be implemented in ASEAN countries in 2012
In 2012, Cambodia, Thailand, Vietnam, Laos and Myanmar will begIn to implement a multimodal transport operations project In order to strengthen the ASEAN regional cross-border transport corridors and promote regional and transport development toward the ASEAN-community Integration In 2015, senior officials said this week ...
Women’s Cancer Hospital to Open in Phnom Penh in 2015
The construction of a new $17.5 million women’s cancer hospital specializing in gynecological services will break ground this summer, one of the co-founders said yesterday. Janne Ritskes, the director of Tabitha Cambodia, an organization that works to improve the lives of poor Cambodians, said the 220-bed ...
Rangers find 109,217 snares in a single park in Cambodia
According to Gray, the snaring crisis is worst in Vietnam and Laos, but is increasing in Cambodia – where he works – as well as Myanmar, indonesia and Thailand. in some places – even protected areas – it is so bad that scientists talk of ...
Cambodia’s economy lost $4b in illegal outflows in 2013
Cambodia’s economy lost more than $4 billion to illicit financial outflows in 2013, more than a quarter of its gross domestic product that year, according to a report released on Wednesday by the Washington-based think tank Global Financial integrity.Based on trade data reported to the ...
Alex Willemyns
https://www.cambodiadaily.com/news/cambodias-economy-lost-4b-in-illegal-outflows-in-2013-102614/
Nearly 150 garment, footwear factories in Cambodia close down in 2015
Nearly 150 garment and footwear factories in Cambodia have shut down this year, while more than 50 new ones opened, local media reported on Monday, citing a report of the Commerce Ministry. ...
Global Post News Staff
http://www.globalpost.com/article/6711677/2015/12/27/nearly-150-garment-footwear-factories-cambodia-close-down-2015
NBC sees increased confidence in riel after dollar buys in 2017
The central bank injected $915 million worth of riel into the economy last year by buying up US dollars with the local currency, stabilising the exchange rate amid higher demand for riel, according to the bank’s latest report. ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-sees-increased-confidence-riel-after-dollar-buys-2017
Juvenile elephant found dead in hole in Keo Seima Wildlife Sanctuary
A young male elephant was found dead after getting stuck in a hole on Monday afternoon in Mondulkiri’s Keo Seima Wildlife Sanctuary, according to officials. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/juvenile-elephant-found-dead-hole-keo-seima-wildlife-sanctuary
Nakorn plans to invest $30mln in hotel in Phnom Penh
Pharmaceutical giant Thai Nakorn Patana plans to invest $30 million over the next two years in a three- to four-star hotel in Phnom Penh, as it hopes to cash in on the lack of big names in the capital’s mid-tier hotels market. For the new 200-room ...
Cambodia city port sees 16% surge in shipments in 9 months
Container traffic through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 16 percent in the first nine months of this year thanks to increasing import and export activities in garments and construction materials, the port authority said on Wednesday in March last year, to ...
http://news.xinhuanet.com/english/business/2012-10/03/c_131886809.htm
Cambodia collects 122 mln USD in tax in last two months
Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.S. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. in the whole year of 2012, ...
http://www.asean-china-center.org/english/2013-03/08/c_132218418.htm
Over 600% Growth in UAE Re-Exports to Cambodia in 2011:
The UAE’s non-oil exports to Cambodia have risen by 639 percent from 2010 to 2011, with total Emirati exports to the Asian country going up by 271 percent during which the UAE achieved a surplus in trade between the two countries of around USD 2.3 ...
Some 1,686 workers faint in Cambodia in 2012: official report
Approximately 1,686 workers in garment and shoe factories got fainted last year due mainly to overwork, poor health, exposure to chemical substances, and hysteria, a Cambodian labor official said Wednesday. Pok Vanthath, vice-chief of the Labor Ministry’s vocational training department, said the mass fainting incidents had ...
http://news.xinhuanet.com/english/world/2013-01/02/c_132076705.htm
Cambodia sees 22 pct rise in garment export in 11 months
Garment industry, Cambodia’s largest foreign currency earner, reported a 22 percent surge in exports in the first 11 months of 2013, according to figures from the Ministry of Commerce on Thursday. The Southeast Asian nation exported apparel products in equivalent to 5.07 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-12/19/c_132981486.htm
Two More Die in Flooding, Aid Response Slow in Phnom Penh
Two more people died in Kompong Cham province on Monday as a result of flooding that has claimed at least 30 victims since heavy rains spawned by tropical storms over the past two weeks caused the Mekong to break its banks and inundate thousands of ...
Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/two-more-die-in-flooding-aid-response-slow-in-phnom-penh-44002/