Rice exports miss the mark again
Five years after setting out an ambitious 1 million-tonne milled rice export target, the rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-exports-miss-mark-again
Five arrested over Stung Treng market fire
Five security guards at Stung Treng Market were arrested and detained for negligence after 1,220 stalls and shops burned to the ground on Thursday night, with Prime Minister Hun Sen ordering provincial officials to rebuild the stores for the vendors. ...
Mom Kunthear
http://www.khmertimeskh.com/news/23813/five-arrested-over-stung-treng-market-fire/
Sathapana shifts from MFI to commercial bank
Sathapana Microfinance Plc., the third largest MFI in Cambodia, has officially transformed itself into a commercial bank with total capital of $120 million, a move in line with Japanese-owned Maruhan Japan Bank acquiring a 95.1 percent stake in 2012. ...
Sum Manet
http://www.khmertimeskh.com/news/24144/sathapana-shifts-from-mfi-to-commercial-bank/
Old debt on agenda for PM’s Russia visit
Prime Minister Hun Sen will attempt to renegotiate the $1.5 billion of Soviet-era debt Cambodia accrued during the 1980s when he visits Russia in May, according to a post on the premier’s Facebook page. ...
Vong Sokheng
http://www.phnompenhpost.com/national/old-debt-agenda-pms-russia-visit
Gov’t eyes million-tonne rice quota deal with Indonesia
Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-eyes-million-tonne-rice-quota-deal-indonesia
Pepper plantation to tip the scales
A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales
France loans €30M for water plant expansion
The French Agency for Development has granted a 30 million euro, or $31.1 million, loan for the Phnom Penh Water Supply Authority (PPWSA) to expand one of its four water plants and increase its water distribution in the capital. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/france-loans-eu30m-water-plant-expansion
Emerald’s gold prospects improve
The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...
Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve
Start date set for garment worker health checks
The Ministry of Labour’s spokesman yesterday said that free medical treatment for garment workers, announced by Prime Minister Hun Sen last week, will start on January 1. Spokesman Heng Sour said the scheme would have help from other ministries. ...
Mom Sophon
http://www.khmertimeskh.com/5081004/start-date-set-garment-worker-health-checks/
$400m solar project launched
Global Purify Power (GPP), a joint venture behind $400 million worth of solar powered projects, started groundbreaking work on Friday with more than $10 million worth of investment in Kampong Speu province. ...
May Kunmakara
http://www.khmertimeskh.com/5082184/400m-solar-project-launched/
New Thai regulations for migrants hit by delay
New Thai regulations imposing stiff punishments on undocumented migrants, their brokers and their employers set to come into force on January 1 will likely be delayed by three to six months, according to Cambodian Minister of Labour Ith Sam Heng. ...
Yon Sineat
http://www.phnompenhpost.com/national/new-thai-regulations-migrants-hit-delay
Labour minister visits illegal workers in Thailand
Labour Minister Ith Samheng visited migrant workers in Thailand over the weekend, urging them to make use of centres that Thai authorities are opening to provide them with legal documents to remain in the country. ...
Sen David
http://www.khmertimeskh.com/5074413/labour-minister-visits-illegal-workers-thailand/
Surge in traffic accident deaths
According to a report by the National Police’s public order department, there was an increase in deaths and a decrease in injuries compared with the previous year. There were 1,717 deaths and 6,607 injuries reported in 2016. ...
Mom Sophon
http://www.khmertimeskh.com/5099253/surge-traffic-accident-deaths/
Families evacuated as flood waters rise
More than 300 families in Banteay Meanchey province’s Malai district were evacuated yesterday after their houses were inundated by floods. Other provinces were also affected by flooding as a low-pressure weather system crosses the country. ...
Mom Kunthear
http://www.khmertimeskh.com/5084577/families-evacuated-flood-waters-rise/
Fishing and forest crackdown yields results
Nearly 3,000 cases have been detected in a crackdown on fisheries and forest crime in the first nine months of this year. The results were in a Ministry of Agriculture and Fishery report published on Friday. ...
Sen David
http://www.khmertimeskh.com/5087200/fishing-forest-crackdown-yields-results/
Business Registrations Up 10.8% in First 6 Months
The number of new businesses registered in Cambodia through the first six months of 2012 reached 1,694, an increase of 10.86 percent compared to the same period last year, according to figures released on Tuesday by the Ministry of Commerce. ...
Labor unions, associations not allowed to celebrate Labor Day at Freedom Park
Phnom Penh City Hall has refused labor unions and associations to celebrate 128th International Labor Day (May 1) at Freedom Park. The decision was made during a meeting on Thursday between representatives of labor unions, association and Phnom Penh City Hall officials. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFjZmRmZjg4ODE
Slow start for GTI as public firm
Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...
Eddie Morton
http://www.phnompenhpost.com/business/slow-start-gti-public-firm
Estimated $900k damage after factory blaze
The cost of a blaze that ripped through a backpack factory in Phnom Penh’s Dangkao district last Tuesday amounted to almost $1 million, an administrator at the factory said Monday. ...
Sek Odom
http://www.cambodiadaily.com/news/estimated-900k-damage-after-factory-blaze-67745/
Cambodians in Washington fundraise for children’s hospital
Cambodians in Washington raised more than $15,000 for the Kantha Bopha Hospital on Saturday, at an event sponsored by the Cambodian Embassy. ...
Sophat Soeung
http://www.voacambodia.com/content/cambodians-in-washington-fundraise-for-children-hospital/2491065.html