Trade
Trade policy and regulation
Second death confirmed on Kompong Speu sugar plantation
A 44-year-old woman was run over and killed by a harvesting machine on Sunday while working on a sugarcane plantation in Kompong Speu province owned by CPP Senator Ly Yong Phat, marking at least the second death on the plantation since December. Y Mom, originally from ...
Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/second-death-confirmed-on-kompong-speu-sugar-plantation-54417/
Sugar exports to stay duty free, EU trade czar says
European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-exports-to-stay-duty-free-eu-trade-czar-says-54447/
Sugar on EU visit’s agenda
European Union Trade Commissioner Karel de Gucht will visit Cambodia this week, the European Commission announced, with rights groups hoping that land grabbing related to sugar plantations will be high on the agenda. Following bilateral meetings in Brussels last week between Cambodia and the EU during ...
Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/sugar-eu-visit%E2%80%99s-agenda
EU concerned, but no threats to cut Cambodia aid, trade
The European Union has called on Cambodia to release 21 jailed activists and protesters and told the government during high level talks held here this week that a failure to reform the judiciary and electoral process could have severe consequences for the ruling party by ...
Simon Marks
http://www.cambodiadaily.com/news/eu-concerned-but-no-threats-to-cut-cambodia-aid-trade-54254/
Eighth EU-Cambodia Joint Committee concludes in Brussels
The 8th EU-Cambodia Joint Committee was held in Brussels on Thursday, preceded by the subgroups on development cooperation, on trade and on institution building, administrative reform, legal and judicial reform, governance and human rights, the European bloc said in a press release. The two sides ...
RTT News Staff
http://www.rttnews.com/2285917/eighth-eu-cambodia-joint-committee-concludes-in-brussels.aspx?type=gn&utm_source=google&utm_campaign=sitemap
Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
Lower Mekong fish production estimated to be worth up to $7 bln a year
Production from freshwater capture fisheries and aquaculture in the Lower Mekong Basin is estimated to be worth up to $7 billion a year, the Mekong River Commission says. The newsletter said total first-sale value was estimated at $3.9 to $7.0 billion per year. “Over the ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODc4MWI3YWIwNDF#sthash.cv2zcyPP.Aswun6lj.dpuf
Britain eyes 5 bln USD trade volume with Cambodia by 2020: envoy
British Prime Minister’s Trade Envoy David Puttnam said Thursday that the country looked to boost bilateral trade volume with Cambodia to $5 billion by 2020. “The bilateral trade between the UK and Cambodia reached $1 billion last year and we expect the trade volume will hit ...
Global Times
http://www.globaltimes.cn/content/846621.shtml#.UxlBOD-Sylt
Cambodia could lose competitive edge in bicycles: report
Cambodia could lose its competitive advantage in bicycle manufacturing and assembly, an industry source says. In a report from the Taipei Cycle Show late Wednesday, the US-based Bicycle Retailer and Industry News said Cambodia had used low wages and zero tariffs in the European Union to ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OGJjZWE0MTM4YzR
Cambodia's trade with ASEAN hit US$4.16 Billion last year
Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495
Amid stable outlook, Moody's confirms Cambodia credit rating
Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MmM0MmU3NmU4MmU
End right to unionize, businesses ask Hun Sen
Prime Minister Hun Sen told business leaders and government officials Tuesday that he will not tolerate “illegal” labor strikes that harm investment, but avoided judgment on a request to withdraw ratification of a U.N. convention protecting workers’ rights to unionize. Speaking at the 17th Government-Private Sector ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/news/end-right-to-unionize-businesses-ask-hun-sen-53516/
Cambodia needs to build human capital for ASEAN Community 2015: PM
Cambodia needs to build qualified and competent human capital to prepare for competition when the ASEAN Economic Community becomes a reality at the end of 2015, Prime Minister Hun Sen said Tuesday. “The Cambodian government will focus its attention on strengthening education quality and technical vocational ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/04/c_133160359.htm
PM decries copyright theft
Prime Minister Hun Sen yesterday called on government bodies, local authorities, international organisations and the private sector to dial back Cambodia’s widespread theft of copyrighted works, like film and music, and encouraged the creation of more original, home-grown cultural works. Copying other countries’ cultural output – ...
Vong Sokheng
http://www.phnompenhpost.com/national/pm-decries-copyright-theft
Cambodia warned, again, on intellecual property regulation
Cambodian manufacturers are at risk of being blocked from exporting to the United States for using pirated software, IT industry bodies warned yesterday. Speaking at a seminar that was held at the Intercontinental Hotel in Phnom Penh, Michael Mudd, the secretary general of the Asia-Pacific Open ...
Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-warned-again-intellecual-property-regulation
Cambodia’s trade with Malaysia up to USD 400 millions in 2013
Malaysia and Cambodia pledged to promote diplomatic relations, trade and investment in Cambodia. Trade between the both countries increased up to USD 168.72 (154%) in 2009 to USD 428.83 in 2013. Cambodia and Malaysia have cherished good relations on trade and investment. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=NGQ3Y2UxMTNmNTR
Exporters of rice now subject to origin test
Stringent rules to prove that rice exported from Cambodia is actually from Cambodia will be detailed today, according to a copy of a joint agreement between the Ministry of Commerce and industry associations. The Code of Conduct seeks to reassure the European Union that rice is ...
Daniel de Carteret and Chan Muy Hong
http://www.phnompenhpost.com/business/exporters-rice-now-subject-origin-test
Ministries to Help Farmers Hurt by Sugar Plantations
The government on Monday agreed to a comprehensive solution for rural families who have lost their land to well-connected agricultural plantations exporting sugar to the European Union (E.U.) duty free and will meet again early next month to discuss details. The decision was made at a ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/ministries-to-help-farmers-hurt-by-sugar-plantations-51971/
Cambodia, Vietnam trade bound to hit 5 bln USD in 2015: PM
Cambodian Prime Minister Hun Sen on Tuesday was optimistic about the country’s steadily growing trade with Vietnam and foresaw that the bilateral trade volume would definitely reach $5 billion by 2015. The two-way trade volume was valued at $3.5 billion last year, up 25 percent year-on-year. Speaking ...
Global Times News Staff
http://www.globaltimes.cn/content/841879.shtml#.UvslvPmSxqU
Cambodia's trade with Thailand hits 4.5 bln USD last year: minister
Trade between Cambodia and neighboring Thailand reached 4.5 billion U.S. dollars in 2013, up 12 percent from 4 billion U.S. dollars a year earlier, Cambodian Minister of Commerce Sun Chanthol said Thursday. Of the amount, Cambodia’s export to Thailand was equivalent to 351 million U.S. dollars, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/06/c_133095545.htm
Sugar Firm Offers Defense After Call for Probe of EU Trade Links
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/
Rip-offs strike wrong chord
Slapping Khmer song lyrics over international hits or ripping off the creative content of foreign-produced music videos is a practice in the Kingdom that must end within one year, Ministry of Culture and Fine Arts officials said at a conference in the capital yesterday. A crackdown ...
Mom Kunthear
http://www.phnompenhpost.com/national/rip-offs-strike-wrong-chord
Moc Bai Border Gate Economic Zone
Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html
Cambodia’s rice under fire
Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice exports duty-free advantages in the global market. According to a January 31 report from rice industry publication Oryza, members of the Italian ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-rice-under-fire