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Rice bank buys direct to control prices

The Cambodia Rice Bank (CRB) will intervene to prevent the price of fragrant rice from falling further by offering to buy the staple grain directly from farmers at the market price of 840 riel (21 cents) a kilogram. The CRB also called on farmers to ...

Sok Chan
http://www.khmertimeskh.com/news/29842/rice-bank-buys-direct-to-control-prices/

Cambodia to boost China rice exports

Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap. Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night, ...

http://www.phnompenhpost.com/index.php/2012083058375/Business/cambodia-to-boost-china-rice-exports.html

Speculators pounce on rice market as prices rise

Speculators have been selling rice to Thailand via Cambodia for over a month despite domestic prices rising VND1,000/kg. At the meeting of Vietnam Food Association (VFA) on September 7 in HCM City, Director of An Giang Export Company Nguyen Van Tien said the amount of rice ...

http://english.vietnamnet.vn/fms/business/43907/business-in-brief-12-9.html

Hun Sen Says Shootings, Traffic Accidents Threaten Tourism

Gun violence and fatal traffic accidents are hurting the government’s efforts to boost tourism, Prime Minister Hun Sen said yesterday, urging local authorities to take action-even against the powerful. Mr. Hun Sen also said the government has earmarked sites for two new international airports to cater to ...

Southeast Asian scientists look to reinvent the flush toilet

Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...

http://www.trust.org/alertnet/news/southeast-asian-scientists-look-to-reinvent-the-flush-toilet

PPWSA up again, with retail buyers moving in

The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...

http://www.phnompenhpost.com/index.php/2012042055667/Business/ppwsa-up-again-with-retail-buyers-moving-in.html

As Cambodia Courts US Business, Old Problems Remain

As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...

http://www.voanews.com/khmer-english/news/As-Cambodia-Courts-US-Business-Old-Problems-Remain-161487205.html

Preah Vihear Villagers Protest Clearing of Farmland

About 300 villagers living inside a social land concession in Preah Vihear province’s Kulen district protested at Phnom Penh’s Wat Botum yesterday, requesting that Prime Minister Hun Sen stop provincial authorities from clearing their farmland in preparation for the area to be used to house ...

ADB to provide 230 mln USD to Cambodia for development projects

The Asian Development Bank (ADB) on Thursday signed up to provide 230 million U.S. dollars to Cambodia for six development projects, aiming at promoting inclusive growth and reducing poverty in Cambodia, according to the bank’s media statement. The financing agreements were inked between Eric Sidgwick, country ...

http://news.xinhuanet.com/english/world/2013-01/17/c_132109387.htm

EZECOM and Thai partner interconnect

Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...

http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html

Cambodia, China Ink Seven Agreements

Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...

http://thesoutheastasiaweekly.com/

More workers join Svay Rieng strike

Workers from at least six more factories in Bavet town’s Manhattan and Tay Seng Special Economic Zones joined about 5,000 workers who had been on strike since yesterday for a minimum wage increase and better working conditions. Va Sarorn, director of the Svay Rieng ...

http://www.phnompenhpost.com/2013021461351/National/more-workers-join-svay-rieng-strike.html

Cambodia Falls Short of Region's Energy Goals

Speaking to an audience of more than 150 private- and public-sector energy officials at the Second East Asia Summit Energy Efficiency Conference, officials agreed that not enough was being done to convince manufacturers and other large consumers of energy to switch to new energy efficient ...

Philip Heijmans, P. 21
http://www.cambodiadaily.com/

Hun Sen Asks China for Loan to Build New Road

Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned ...

Port more active over nine months

Cargo shipments via Phnom Penh Autonomous Port (PPAP), Cambodia’s second largest port, rose by 16 per cent year-on-year in the first nine months. The Port Authority said yesterday the rise was mainly due to the increase of import and export activities for garments, agricultural and construction ...

http://www.phnompenhpost.com/index.php/2012100559120/Business/port-more-active-over-nine-months.html

The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts

Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...

http://www.4-traders.com/THE-SIAM-CEMENT-PCL-6491597/news/The-Siam-Cement-PCL-Siam-Cement-3Q-Net-Profit-Falls-13-but-Meets-Forecasts-15418113/

Japanese delegation seeks business options

Some 140 Japanese investors arrived in Cambodia yesterday to meet with local government leaders and other stakeholders in an effort to boost economic cooperation between the two countries. According to the Japanese Embassy in Cambodia, the delegation arrived in the country yesterday afternoon, following a visit ...

http://www.phnompenhpost.com/2013020861255/Business/japanese-delegation-seeks-business-options.html

Second-hand, first in imports

Cambodia imported almost 10 times as many used clothes as new ones in the first 11 months of last year, according to statistics from the Ministry of Economy and Finance. Some 79,217 tonnes of used garments worth $61.5 million were brought in during that period, compared ...

http://www.phnompenhpost.com/2013030461731/Business/second-hand-first-in-imports.html

Malaysian firm plans 10-mw biomass plant

A Malaysian-base[d] energy service group has plans to spend roughly $10 million to build a biomass power plant in Cambodia. Wah Seong Corporation Berhad’s plant would have a production capacity of up to 10 megawatts, said the group’s chief executive, Chan Cheu Leong, in an article ...

http://www.phnompenhpost.com/2013040264825/Business/malaysian-firm-plans-10-mw-biomass-plant.html

Poipet Casino Grand Opening set for Next Month

U.S. listed gambling firm Entertainment Gaming Asia Inc. (EGA) will next month hold a grand opening for its second casino on the Thai-Cambodia border, the company said. In a statement issued on Monday from Hong Kong, it said that Dreamworld Club in Poipet, which has been ...

http://www.cambodiadaily.com/business/poipet-casino-grand-opening-set-for-next-month-19965/

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