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Construction Sector Faces Chronic Labor Shortage

Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...

http://www.cambodiadaily.com/news/construction-sector-faces-chronic-labor-shortage-19742/

Mobile Firms Agree to Stop Price Dumping

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/

Villagers Say Homes Being Purposely Flooded

More than 120 families in Phnom Penh’s Dangkao district sent a letter on Monday to the district governor asking for his help in addressing the flooding problem that has seen some of their homes collapse and has forced many to seek temporary accommodation elsewhere, villagers ...

http://www.cambodiadaily.com/news/villagers-say-homes-being-purposely-flooded-33317/

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

Way of life vanishing: villagers

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers

Pchum Ben Prayers for Peace, Prosperity and Reconciliation

Some prayed for their businesses to prosper and for the CPP and CNRP to reconcile, others for peace and development. These and other wishes were made at pagodas across Phnom Penh and the rest of the country on Thursday, as the Pchum Ben festival got ...

Mech Dara
http://www.cambodiadaily.com/news/pchum-ben-prayers-for-peace-prosperity-and-reconciliation-44421/

Cambodia's micro-lenders see 44 pct lending growth last year

Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165

Villagers in limbo as dam starts

Construction at the controversial Lower Sesan II dam site in Stung Treng province has already begun, according to villagers, who will today petition several ministries, the Chinese embassy and the headquarters of the Royal Group to open negotiations with them. According to the villagers, who travelled ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/villagers-limbo-dam-starts

Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/

In condom market, a growing private sector

When Phnom Penh was flooded with free condoms during the Water Festival last week—a public health push to ensure revelers who came for days of debauchery did so safely—the city’s condom vendors weren’t happy about it. The global health organization Population Services International (PSI), whose ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/in-condom-market-a-growing-private-sector-72352/

Software licenses debated

Open source software is an important way forward and a useful impetus for development in Cambodia, according to attendees of the Kingdom’s first software conference this weekend. The conference, which centred on TYPO3, an open source content management system (CMS), was held this past weekend ...

http://www.phnompenhpost.com/index.php/2012082058154/Business/software-licences-in-cambodia-debated.html

PPWSA stock to list today

Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...

http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html

Party Law draws EU eyes

A European parliamentarian has submitted a “priority question” to Europe’s high representative for foreign affairs, Frederica Mogherini, urging strong action against Cambodia in response to recent threats by Prime Minister Hun Sen to dissolve opposition parties. EU Ambassador to Cambodia George Edgar yesterday agreed it’s ...

Cristina Maza
http://www.phnompenhpost.com/national/party-law-draws-eu-eyes

Stock market rings in PPAP

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap

Government Approves Dam On Lower Sesan

The Council of Ministers on Friday signed off on the Lower Sesan 2 dam project in Stung Treng province, despite long-standing criticism leveled against the project by environmental groups who say it would adversely affect 100,000 people as a consequence of reduced access to fish. The ...

Farming implicated in climate change

Food production accounts for almost one third of global greenhouse gas (GHG) emissions, according to a study published last week by the agricultural research organisation CGIAR. Food systems, from growing crops and raising livestock to storage and transportation, contribute 19 to 29 per cent of global ...

http://www.phnompenhpost.com/index.php/2012110559558/Business/farming-implicated-in-climate-change.html

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

Cambodia's gems and jewelry sector set to shine

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

http://www.etmcambodia.com/blog.php?article=499

Laos taps on single visa door

Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ...

http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/

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