Economy and commerce

Ahead of aid meet, NGOs urge reform

More than 100 NGOs and human rights groups yesterday urged foreign donors to flag issues regarding land policies, democratic processes and human rights during today’s Government-Development Partner Coordinating Committee (GDCC) meeting.   Intended as a preparatory meeting for Cambodia’s main government and donor summit, the GDCC is generally ...

http://www.phnompenhpost.com/index.php/2012092658913/National-news/ngos-urge-reform-ahead-of-aid-meet.html

The Bottom Line

Clashes between garment workers and the local manufacturing industry came to a head in February when three women were shot while protesting for increased bonuses outside their workplace. It was almost five more months before manufacturers and governing bodies agreed to raise the earning potential ...

Cambodia: Kampot Port Development Hits Hurdle

A local investor revealed yesterday that the construction of the US$100 million Kampot sea port had been further delayed by rain. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said: “We are preparing to be better, and that may take some time. I am ...

Dredging Today Staff
http://www.dredgingtoday.com/2012/09/25/cambodia-kampot-port-development-hits-hurdle/

Dell announces two new services for IT firm's enterprise clients

Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...

http://www.nationmultimedia.com/business/Dell-announces-two-new-services-for-IT-firms-enter-30191061.html

Global financial crisis threatens progress of least developed countries - UN report

The ongoing financial crisis and weak global economic growth have hampered development in the world’s poorest nations, a U.N. report has warned, adding that half of the world’s least developed countries now risked missing their development goals. The Enabling the Graduation of LDCs report, produced ...

http://app.com.pk/en_/index.php?option=com_content&task=view&id=209427&Itemid=2

Japan to build $200 m shopping mall in Cambodia

AEON Mall, a Japan’s single-largest shopping mall developer and the largest retailing operator, will invest $200 million to build a four-storey shopping mall here in December, Cambodian Prime Minister Hun Sen said Tuesday. The construction will be begun on December 10, 2012 on the land area ...

http://www.globaltimes.cn/content/735229.shtml

Southeast Asian scientists look to reinvent the flush toilet

Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...

http://www.trust.org/alertnet/news/southeast-asian-scientists-look-to-reinvent-the-flush-toilet

Citibank (NYSE:C) sees business opportunities in Cambodia

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm

Biomass is more than energy

Rural Cambodian communities are seeing economic benefits as a result of a biomass and farming resilience project run by GERES, a French NGO. As part of the AREA project, 200 households in Kampong Chhnang province are growing 22 varieties of trees to negate the effects of ...

Erika Mudie, P. 10
https://www.phnompenhpost.com/business/biomass-benefit-rural-cambodia

Companies aim to be socially minded

Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...

http://www.phnompenhpost.com/index.php/2012092558888/Business/cambodian-companies-aim-for-corporate-social-responsibility.html

Gov's to Lay More than 400 Km of Fiber-Optic Cable

With a loan from Japan, the government will begin laying more than 400 km of fiber-optic cable early next year to connect Phnom Penh with five provinces, the Ministry of Post and Telecommunications (MPTC) said yesterday. Telecommunication Minister So Khun said the cable-which will connect Phnom Penh with ...

Number of Internet Users More Than Doubled Last Year

The number of Internet users in Cambodia more than doubled last year, but the country still has the third-lowest Internet penetration rate in the region, according to recent statistics released by the World Bank. Internet users jumped from 178,142 in 2010 to 443,461 in 2011-reaching about ...

Active acquisition is a GO

Malaysian-based GO Communications Group signed an acquisition deal to buy out Cambodian based Active Event Management, on Friday, Sept 21, 2012. Siet Sisopheak, managing director of Active, said GO became interested in the company because of improvements in Cambodia’s economy and how it would benefit the ...

http://www.phnompenhpost.com/index.php/2012092558890/Business/active-acquisition-is-a-go.html

Rain delays Kampot port construction

Construction of the US$100 million Kampot sea port had been further delayed by rain, materials not being available and incomplete preparations, a local investor revealed yesterday. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said of the delay: “We are preparing to be better, ...

http://www.phnompenhpost.com/index.php/2012092558887/Business/rain-delays-kampot-port-construction.html

Rubber up $100 a tonne in a week

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html

Bank Collapse Sees Property Up for Grabs

A prime piece of Phnom Penh real estate was put up for auction last week by a South Koran government agency attempting to recoup taxpayers’ money lost during a bank collapse last year. Bids have been made that could see a new development on the site, ...

Police Say RCAF Trying to Bury Fatal Crash With Cash

Military officials are attempting to squelch a potential lawsuit from relatives of three people killed Friday when Royal Cambodian Armed Forces (RCAF) soldiers smuggling wood through Siem Reap province drove a military truck, donated by the U.S. government, into the family’s motorbike, police officials said. ...

Casinos flush with locals

At 7am, the border crossing from Vietnam to Svay Rieng’s Bavet town is already buzzing with the activity of foreign gamblers arriving for a day at the casinos along National Highway 1. But throughout the day, a steady trickle of Cambodian players make their way ...

http://www.phnompenhpost.com/index.php/2012092558902/National-news/cambodias-gambling-law-loosely-enforced.html

Lone Firm Takes 23,000 Hectares for Plantations in Preah Vihear

A Malaysian company has been granted three tracts of land totaling more than 23,000 hectares for oil palm and rubber plantations in Preah Vihear province, according to documents submitted to the Malaysian stock exchange. The acquisition flout the legal maximum of concession land that a single ...

Cambodian king visits Vietnam to cement bilateral ties

Cambodian King Norodom Sihamoni began a 3-day state visit to Vietnam starting on Monday at the invitation of Vietnamese President Truong Tan Sang, local media reported. The visit, the fourth made by Cambodian king since he came to the throne in 2004, will likely elevate further ...

http://news.xinhuanet.com/english/world/2012-09/24/c_131869525.htm

Future of E-Business linked to skills

The future of e-business in Cambodia depends on gaining better skills, a group of students heard yesterday at the University of Puthisastra. In a panel discussion on the future of e-business as part of BarCamp Phnom Penh, T.O. Software president Heng Chamroeun offered advice to the ...

http://www.phnompenhpost.com/index.php/2012092458855/Business/it-knowledge-a-recipe-for-web-success.html

Dolphin drawcard

In an effort to boost tourist numbers, the Ministry of Tourism will host an eco-tourism seminar in the northeastern provinces to showcase its main attraction, the Irrawaddy dolphins of the Mekong River. Thong Khon, Minister of Tourism, said last week that officials attempted to hold the eco-tourism seminar ...

http://www.phnompenhpost.com/index.php/2012092458861/Business/dolphin-drawcard.html

Maid Talk Premature: Ministry

The Ministry of Labour has played down reports it is close to sending domestic workers to Singapore, a country that has only recently granted foreign maids a weekly day off. The two countries’ governments had been in talks with Singapore’s Association of Employment Agencies about placing ...

http://www.phnompenhpost.com/index.php/2012092458870/National-news/talk-of-khmer-maids-in-singapore.html

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