Industries

Thai agro-processing plant nears completion

BETAGRO Group, one of Thailand’s largest integrated agro-industry businesses, announced this week that its US$16.3 million animal feed plant in Cambodia is 95 percent complete. The plant, 12 kilometers from Phnom Penh, will initially produce 12,000 tonnes of animal feed per year, but that number ...

http://www.phnompenhpost.com/index.php/Business/

Environment Minister Denies Hardship at Tourism Project

The Minister of Environment has countered a rights worker’s claim that villagers relocated to make way for a Chinese-backed mega-tourism project in Koh Kong province lack proper access to medical care. About 1,100 families have been forcibly evicted from their coastal villages in Botum Sakor National ...

Imports Fill the Gap as Domestic Silk Production Dwindles

Cambodia is importing hundreds of tons of silk from China and Vietnam to compensate for a fast-declining domestic industry, which is suffering due to producers opting to grow other crops instead or raising silk worms, according to silk producers. Men Sinoeun, director of the Artisans’ Association ...

Cambodia’s tourism growth to reach 20%

Cambodia’s Ministry of Tourism is projecting sizeable growth for the industry this year, according to Director General Tith Chantha. ...

http://www.phnompenhpost.com/index.php/2012032155149/Business/kingdoms-tourism-growth-to-reach-20.html

Cambodia to fill gap in aviation training

An aviation training centre was being planned that would allow the Kingdom to meet the demands of its surging tourism market, a State Secretariat of Civil Aviation official said yesterday. About 1.5 million visitors arrived in Cambodia by air in 2011, a 16 per cent jump ...

http://www.phnompenhpost.com/index.php/2012032155151/Business/kingdom-to-fill-gap-in-aviation-training.html

23,000 Hectares of Land Concessions Approved

The government last month granted four companies a total 23,000 hectares of land concessions for agro-industry projects and a special economic zone (SEZ), according to human rights groups, which said it obtained the information from government documents. An additional 500 hectares inside a wildlife sanctuary were ...

Severe Rains Slow Salt Farmers’ Harvest Goals

Salt farmers in Kampot and Kep may be unable to harvest the roughly 90,000 tons they sell annually due to excessive rains, and the country may have to turn to foreign markets, producers said yesterday. Ly Sreng, deputy chief of the Kep-Kampot Salt Producers Community, ...

Alleged hotel ‘ransacking’ probed

Four former workers at the Angkor Villa Hotel and Resort appeared in the Appeal Court yesterday for questioning in relation to allegations that they ransacked the hotel during a strike last year. Korng Kimlean, union president of the Cambodian Tourism and Service Workers’ Federation and the ...

http://www.phnompenhpost.com/index.php/2012031555048/National-news/alleged-hotel-ransackingprobed.html

Macau-Backed Casino Firm to Expand Operations in Cambodia

A Macau-backed firm plans to grow its involvement in Cambodia’s casino sector as it targets the local gambling market with gaming machines and two new casinos, the company said in a financial statement filed in the US. Entertainment Gaming Asia Inc, which currently provides gaming machines ...

Koh Kong intervention sought

The provincial office of rights group Licadho has called on Koh Kong provincial politicians to help more than 1,000 families being forcibly evicted to make way for a sprawling gambling resort and other development, representative said yesterday. More than 130 families, from three villages in Kiri ...

http://www.phnompenhpost.com/index.php/2012030954950/National-news/koh-kong-intervention-sought.html

Kampot dredging escalates

Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...

http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html

River Dolphin Conservation Gets Go-Ahead

A government committee yesterday approved a draft sub-decree aimed at protecting the endangered Mekong River dolphin and will send it to the Council of Ministers within a few weeks. Among the provisions contained in the sub-decree is the creation of a 180-km-long conservation area stretching ...

A refuge for river dolphins

The government yesterday moved to protect endangered Irrawaddy dolphins in the Mekong River, announcing plans for a 180-kilometre-long conservation area that would stretch from the Lao border through Stung Treng province to Kratie town. Touch Seang Tana, chairman of the Commission for Conservation and Development of ...

http://www.phnompenhpost.com/index.php/2012030154794/National-news/a-refuge-for-river-dolphins.html

Villagers take case to capital

Representatives from five communes in Koh Kong province engaged in a long-running land dispute with a private Chinese firm urged the government to issue them proper land titles during a press conference in the capital yesterday. Representative Chhai Beng Hout asked the government to instruct the ...

http://www.phnompenhpost.com/index.php/2012022954775/National-news/villagers-take-case-to-capital.html

Villagers ask for Government’s Help in Koh Kong Land Dispute

Koh Kong villagers facing the loss of their land to a Chinese mega-tourism project held a news conference in Phnom Penh yesterday to appeal to the government for the right to remain on their property. Kith Ten, 54, from Kiri Sakor district’s Prek Khsach commune, ...

IMF says Cambodian economy to grow 6.5 per cent, but warns of risks

Cambodia’s economy is expected to grow 6.5 per cent in 2012, up from 5.75 per cent last year, the International Monetary Fund said in its annual review, adding that government policies to boost the investment climate were paying off. However, in its assessment, which was released ...

http://news.monstersandcritics.com/business/news/article_1693231.php/IMF-says-Cambodian-economy-to-grow-6-5-per-cent-but-warns-of-risks

Villagers in capital to protest development

Representatives from five communes in Koh Kong province are scheduled to hold a press conference in the capital today, appealing for government intervention in a land dispute with a Chinese development company that has spanned nearly four years. Lov Hov, a representative from Thmar Sar commune, ...

http://www.phnompenhpost.com/index.php/2012022854750/National-news/villagers-in-capital-to-protest-development.html

Clean cities promoted through competition

The government wants to beautify Cambodian cities and has launched a competition to encourage the country’s urban centres to clean up their act. Speaking in front of a crowd of roughly 700 at the Peace Palace yesterday, Minister of Tourism Thong Khon said that the “Clean ...

http://www.phnompenhpost.com/index.php/2012022854752/National-news/clean-cities-promoted-through-competition.html

Cambodian Per Capita GDP To Touch $1,000

Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...

http://www.nationmultimedia.com/business/Cambodian-per-capita-GDP-to-touch-$1000-30176744.html

A Female Entrepreneur Remains Strong as Silk

Seng Takakneary started her business in a one-room shop with two sewing machines in 2004. Today, Ms. Takakneary’s Sentosa Silk employs about 100 staff in Phnom Penh who produce a range of fine Cambodian silk items, including pillows, curtains, bedspreads, dresses, shirts and bags. Since ...

http://

Cambodia, China willing to further enhance cooperation in all fields: officials

Cambodia and China are willing to further promote bilateral cooperation in all fields in the framework of ASEAN-China relations, officials said Monday. The commitment was made during the official visit of Ma Mingqiang, secretary general of ASEAN-China Center, to Cambodia. In a meeting with Cambodia’s Minister ...

http://www.asean-cn.org/Item/4586.aspx

New travel association launches in Kingdom

The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...

http://www.phnompenhpost.com/index.php/2012022054612/Business/new-travel-association-launches-in-kingdom.html

Furniture Business On The Rise

More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...

http://www.etmcambodia.com/blog.php?article=197

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