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ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Micro-life insurance on rise

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html

Thousands go on strike at factories

About 5,000 workers went on strike at the M&V garment factory in Kampong Chhnang province yesterday, adding to the list of incidents at the factory in the past two years that has also included mass faintings. Elsewhere, about 700 workers from the Pine Great (Cambodia) ...

http://www.phnompenhpost.com/2013050965503/National/thousands-go-on-strike-at-factories.html

Cambodia-U.S. bilateral trade up 2 pct

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct

Officials demanded bribes, teacher say

A teacher at Tea Chamrath High School in Pursat town has accused school director Bou Sovannarith and deputy director Chhub Buntha of forcing students to pay bribes in the form of, among other things, enrolment fees for matriculation into the 2013-2014 academic year. Phat Malin, the ...

Mom Kunthear
http://www.phnompenhpost.com/national/officials-demanded-bribes-teacher-says

Cambodia flood death toll climbs to 122

The death toll from Mekong River and flash floods in Cambodia has risen to 122 in the past four weeks, a senior disaster control official said Monday. “To date, the floods have killed 122 people and affected some 1.5 million people,” Nhim Vanda, vice-president of the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/14/c_132797207.htm

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Profits peeled at new centre

A pilot cashew-peeling factory in Kampong Thom province aims to make business easier for farmers who have traditionally relied upon sending their raw harvest elsewhere for processing. With $130,000 from the Asia Development Bank, the building went up in May on 3,600 square metres in Kampong ...

Hor Kimsay
http://www.phnompenhpost.com/business/profits-peeled-new-centre

Country’s first Japanese news website launched

Thmey Thmey online news website on Wednesday launched a Japanese-language version of the site to help illuminate the world of Cambodian politics and business for Japanese residents here, as well as those considering relocating or investing in the country. The news site, which was set up ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/countrys-first-japanese-news-website-launched-58743/

Exports consistent for Cambodia’s ag sector

Cambodia exported 2.9 million tons of agricultural products last year, roughly the same as 2012, but experts say the figure does not reflect the huge potential for the market. According to official data from the Ministry of Agriculture, Forestry and Fisheries, exports included more than 1 ...

May Kunmakara
http://www.phnompenhpost.com/business/exports-consistent-cambodia%E2%80%99s-ag-sector

Khmer New Year tourism up in Siem Reap

A giant traditional sticky rice cake weighing two tons, the largest num ansorm ever made, was unveiled at the Angkor Wat temple complex in Siem Reap province yesterday as visitors flocked to the area to mark Khmer New Year. Visitor numbers for the three-day holiday ...

Hul Reaksmey
http://www.cambodiadaily.com/archives/khmer-new-year-tourism-up-in-siem-reap-56531/

Standoff in Areng Valley continues

Seven Chinese nationals were prevented from entering the Areng Valley in Koh Kong province yesterday as locals continued their standoff with the operator of the Stung Cheay Areng dam concession, villagers at the scene said. Ven Vorn, a community leader among those blocking a road used ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/standoff-areng-valley-continues

Report sees increasing foreign investment in industrial sector

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...

Post Staff
http://www.phnompenhpost.com/real-estate/report-sees-increasing-foreign-investment-industrial-sector

No background checks on exam monitors: ACU

None of the more than 5,000 independent observers recruited for this year’s national exams had background checks or their identity verified before they were allowed into testing centres, an official said yesterday. During this year’s newly reformed and cleaned-up grade 12 exam, the Anti-Corruption Unit (ACU) ...

Pech Sotheary and Laignee Barron
http://phnompenhpost.com/national/no-background-checks-exam-monitors-acu

A lending alternative to MFIs

Oxfam said it will expand its savings-led community-lending model in Cambodia as an alternative to traditional credit-based microfinance services, which it says are ineffective in reaching the Kingdom’s poorest. Oxfam’s Saving for Change project, which trains rural communities to form savings groups, now has $5 million ...

Charles Rollet
http://www.phnompenhpost.com/business/lending-alternative-mfis

Gov’t to monitor prices at pump

The Cambodian government is again urging petrol retailers to pass on savings to the consumer amid the continued plunge in global oil prices, which hit a new five-year low yesterday. The premier’s criticism of foreign fuel retailers comes after the minister of commerce, Sun Chanthol, ...

Eddie Morton
http://www.phnompenhpost.com/business/govt-monitor-prices-pump

H.E. Cheang Vun's responding letter to the request by CCC

H.E. Cheang Vun, the head of the 5th Commission, reaffirmed that, as a tradition, after received any draft law from the Royal Government of Cambodia and assigned by the Standing Committee of the National Assembly for studying and giving opnions on the texts, special Commissions ...

National Assembly

Download: pdf

Regional appeal courts set in motion

King Norodom Sihamoni has issued a royal decree ordering the opening of three regional appeal courts in Preah Sihanouk, Battambang and Tbong Khmum provinces.   ...

Voun Dara
https://www.phnompenhpost.com/national/regional-appeal-courts-set-motion

Cambodia gets $1.6M for Covid-19 response from German gov’t

In light of Cambodia confirming 91 Covid-19 cases, Germany announced on Tuesday that it will provide €1.5 million ($1,618,000) to help support the Covid-19 Emergency Response Plan in the Kingdom. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-16m-covid-19-response-german-govt

Geopacific Resources could have unearthed major gold copper system in Cambodia

Geopacific Resources’ (ASX: GPR) may have discovered a major gold and copper system from drilling in Cambodia which on the results could yet get bigger. Standout results from preliminary gold assays from follow-up RC drilling at the 150 Prospect have extended the strike length of high ...

Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/54565/geopacific-resources-could-have-unearthed-major-gold-copper-system-in-cambodia-54565.html

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