Gov't, NGOs Discuss Child Labor in Fisheries
Thousands of children are toiling in the country’s fisheries sector, living in conditions that are often hazardous to their health and depriving them of an education, government officials and UN representatives said yesterday at a workshop in Phnom Penh. Seventy-five percent of the 1.5 million ...
Villagers take case to capital
Representatives from five communes in Koh Kong province engaged in a long-running land dispute with a private Chinese firm urged the government to issue them proper land titles during a press conference in the capital yesterday. Representative Chhai Beng Hout asked the government to instruct the ...
Cambodia expects 7 pct GDP growth in 2012
Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7 % this year. The forecast is higher than that of the International Monetary Fund, the World Bank and the Asian Development Bank — all forecast at ...
http://en.ce.cn/World/Asia-Pacific/201203/12/t20120312_23150134.shtml
Cambodia's 2011 Economic Growth Expected To Be 6.8 Per Cent, Says ADB
KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB). This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per ...
http://www.bernama.com/bernama/v5/newsbusiness.php?id=613443
Kingdom set for IT growth over next decade
Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...
Investment in mining operations falls sharply
Guangxi Nonferrous Metal Group invested $21.95 million in the construction of a steel processing plant, the data shows. The Chinese company planned to invest as much as $500 million in Preah Vihear province, China’s state-owned Xinhua news agency reported in November. China’s Xing Yuan Kang Yeak ...
World Bank reports strong export growth, warns of potential ‘EBA’ withdrawal
The World Bank on Wednesday released an update to the biannual “Cambodia Economic Update”, which showed that the economy grew by 7.5 percent in 2018, but could drop to 7 percent this year. The updated growth numbers are the same as the ones released in ...
Hul Reaksmey
https://www.voacambodia.com/a/world-bank-reports-strong-export-growth-warns-of-potential-eba-withdrawal/5185964.html
Cambodia to Buy Power From Laos’ Xayaburi Dam
Laos’ energy minister announced last week that the country will sell energy supplied by the controversial Xayaburi Dam to Cambodia. It is already planning to sell power to Thailand, where last month a lawsuit was lodged to stop the country from buying electricity produced at ...
http://www.ooskanews.com/daily-water-topic/cambodia-buy-power-laos-xayaburi-dam_24348
As tourism grows, so do questions about sustainability
While tourism officials are pleased about the healthy growth of tourism in Cambodia, the influx of visitors might not be so healthy for the Kingdom’s main attraction-the temple complex of Angkor Wat near Siem Reap. New figures from the Siem Reap tourist office show that about ...
Dam in Northeast Built on Earthquake Site, Study Finds
Experts are recommending that a proposed dam on the Sesan River in northeast Cambodia be equipped with earthquake protection measures, after discovering a quake occurred in the area some 30 years ago. The proposed Lower Sesan II dam would be situated on a site in Stung ...
Flood's lessons linger in Kratie
When 41-year-old Pheng Seng’s brick-making business was ravaged by flood in Kratie province a year ago, he lost about US$5,000. Kratie town also flooded this time a year ago. It was so bad that speedboats were seen zipping through the streets past submerged motorcycles with ...
Firm says gold deposit discovered in Mondolkiri
Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...
Factory Owners Agree to Provide More Benefits
Garment factory owners have agreed to provide workers with an additional $9 in monthly benefits for transportation, housing and attendance in order to reduce growing protests in the sector, Garment Manufacturers Association of Cambodia (GMAC) officials said yesterday. “We will provide $3 in attendance bonuses and ...
Officials Differ on Equipment Confiscation
Forestry Administration officials in Banteay Meanchey province have confiscated and continue to hold equipment valued at $1.5 million from a troubled biofuel plantation without any legal backing, an official in the provincial governor’s office said. Bulldozers, steamrollers and dump trucks were confiscated last month from a ...
Officials to Be Questioned Over Destruction of Flooded Forest
A district governor and two fisheries officials are among 10 people who will be questioned at the Phnom Penh Municipal Court next week over the destruction of flooded forest to make way for dry-season rice fields in Kampong Thom province, an official said yesterday. On July 27, ...
New condominium launched
A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...
Hun Sen Says Pay Rise for Civil Servants Impossible
The country cannot afford to further increase the salaries of civil servants such as teachers and members of the armed forces, as to do so would require tax increases—a move that has already sparked protests across Europe, Prime Minister Hun Sen said yesterday. Speaking at a ...
http://www.cambodiadaily.com/news/hun-sen-says-pay-rise-for-civil-servants-impossible/
Gaming Company Announces Casino in Poipet
Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...
Agriculture Sector
A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...
Men Sarun rice to China
Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...