No word on Philippines rice deal, exporter says

Green Trade, a state-owned, milled-rice exporter, had not been updated on a government-to-government rice deal with the Philippines despite recent media reports that claimed a deal was near. ...

http://www.phnompenhpost.com/index.php/2012032855275/Business/no-word-on-philippines-rice-deal-exporter-says.html

Philippines set to sign rice supply deal with Cambodia

The Philippines is close to signing a government-to-government rice supply agreement that would make Cambodia a potential supplier of the grain staple to Manila, along with Vietnam and Thailand, agriculture officials said on Monday. The Southeast Asian neighbours aimed to sign a memorandum of understanding (MOU) ...

http://www.brecorder.com/agriculture-a-allied/183/1169751/

ASEAN’s finance ministers in capital

The 16th ASEAN Finance Ministers’ Meeting kicks off early today in Phnom Penh, where members of the 10-country association are expected to discuss strengthening regional financial ties and co-operation in the face of economic uncertainty in the West. ...

http://www.phnompenhpost.com/index.php/2012032755253/Business/aseans-finance-ministers-in-capital.html

Drugs: our man in Cambodia

The inquiry that targeted Hun To, dubbed Operation Illipango, investigated the shipment of heroin into Australia from Cambodia in loads of timber. Hun To, a nephew of Prime Minister Hun Sen, is a powerful and feared figure in Cambodia. He was once considered a close business ...

http://www.theage.com.au/national/investigations/drugs-our-man-in-cambodia-20120325-1vsiz.html

South China Sea Will Not Surface at Asean

Cambodia, in its role as Asean chair, has decided that the thorny issue of the South China Sea will not be on the agenda at next month’s Asean Summit in Phnom Penh, CPP lawmaker Cheam Yeap announced yesterday. “Cambodia is a neutral country, and based on ...

Kompong Cham Pepper Enjoys Healthy Trade in Thailand

Though less well-known than Kampot pepper, the price of Kompong Cham province pepper has increased by 44 percent from last year and is developing a following in Thailand, farmers and vendors said. With a total of 906 hectares of land dedicated to cultivating pepper in Kompong ...

Women sceptical of ASEAN

Cambodian women have the most to lose from the planned 2015 ASEAN integration, a coalition of more than 100 Cambodian women said yesterday at the Cambodian Women Forum. Because Cambodian women are so poorly educated, when the job market opens up, competition from other countries like ...

http://www.phnompenhpost.com/index.php/2012032255194/National-news/women-sceptical-of-asean.html

Smoke-Free Asean Region Will Get Hun Sen’s Support

Asean member countries were called on yesterday to work toward a “100 percent smoke-free” region, and Cambodia’s most famous smoker, Prime Minister Hun Sen, is behind the initiative, a government spokesman said. ...

Hu to Visit Cambodia Just Before Asean Summit

Chinese President Hu Jintao will pay an official state visit to Cambodia between March 30 and April 2, a trip that will coincide with the Asean-European Union Business Summit and will finish just one day before the annual Asean summit commences in Phnom Penh, an ...

Security Preparations Under Way Ahead of Asean Summit

Two weeks before the opening of the 20th Asean Summit in Phnom Penh, preparations are under way to increase security and clean up Cambodia’s capital ahead of the arrival of hordes of foreign dignitaries on April 3. According to Phnom Penh deputy military police chief Pong ...

Cambodian forum focuses on ASEAN community

PHNOM PENH: The 8th Cambodia-Asia Economic Forum kicked off here on Saturday, focusing on reviewing the ASEAN achievements in the past 45 years and looking at opportunities and challenges toward the realisation of an ASEAN community by 2015. The two-day forum has been attending by some ...

http://vietnamnews.vnagency.com.vn/politics-laws/222306/cambodian-forum-focuses-on-asean-community.html

Gov’t Picks NGOs for Asean Meet

The government has chosen representatives of two obscure NGOs to send to an annual meeting between civil society groups and regional leaders during next month’s Asean summit in Phnom Penh, sparking an outcry among other non-governmental groups that say this will prevent critics from being ...

Imports compete with domestic medicines

The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...

http://www.phnompenhpost.com/index.php/2012031955102/Business/imports-compete-with-domestic-medicines.html

ASEAN forums divide

Cambodian NGOs were drawing battle lines and choosing sides in the run-up to the ASEAN summit, activists said yesterday. Two separate “ASEAN People’s Forums” are being organised by local NGOs. The first, from March 28 to 30, is expected to draw more than 2,000 groups.   ...

http://www.phnompenhpost.com/index.php/2012031955107/National-news/asean-forums-divide.html

US Dollar Drops Below 4,000 Riel With Agricultural Harvest

An increase in agricultural trading has caused the value of the US dollar to dip below 4,000 riel in the past three consecutive days, as there is now a higher demand for the Cambodian riel, money exchangers and an official from the National Bank of ...

National Census Identifies Half-Million Businesses

Cambodia has a total of 505,134 businesses supported by a workforce of 1,676,263, just 11.56 percent of the total population, according to a nationwide economic census released yesterday by the Ministry of Planning. Of the total number of people employed in the country, 1,026,084, or 61.2 ...

Hul Reaksmey and Philip Heijmans, P.1

Kingdom’s consumers told to save gas

Economy and Finance Minister Keat Chhon yesterday urged consumers to limit their gasoline consumption in the face of rising prices, saying the Cambodian government would not boost the hundreds of millions of dollars he claimed it already offered in fuel subsidies. Speaking at the Ministry of ...

http://www.phnompenhpost.com/index.php/2012031354994/Business/kingdoms-consumers-told-to-save-gas.html

Cambodia expects 7 pct GDP growth in 2012

Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7 % this year. The forecast is higher than that of the International Monetary Fund, the World Bank and the Asian Development Bank — all forecast at ...

http://en.ce.cn/World/Asia-Pacific/201203/12/t20120312_23150134.shtml

Financing Cambodia's Muslims

Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...

http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html

Gov’t, Garment Sector Silent Over Letter Urging SEZ Probe

A senior official at the Commerce Ministry and the secretary-general of the Garment Manufacturers Association in Cambodia (GMAC) were both silent yesterday regarding a letter sent to the ministry by garment buyers on Friday, urging the government to intensify its investigation of last month’s triple ...

Cambodia expects 7 pct GDP growth in 2012: Finance Minister

Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7% this year. Cambodia’s forecast was based on the increases in garments exports, tourist arrivals, and agriculture as well as a gradually recovered real estate sector, the ...

http://news.xinhuanet.com/english/business/2012-03/12/c_131462003.htm

Brands Urge Gov't to Act on SEZ Shooting

Some of the world’s largest international clothing brands, along with foreign labor protection groups, have called on the Cambodian government to intensify its investigation of last month’s triple shooting of spectators at a Svay Rieng special economic zone. Signed by several of the biggest customers ...

Anco report flawed: auditor

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. The report was used ...

http://www.phnompenhpost.com/index.php/2012030954952/National-news/anco-report-flawed-auditor.html

Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

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