News
Upstream Dams, Downstream Trouble
As examples, Laos broke ground on a new Mekong River dam that’s causing concern bordering on fury in Cambodia and Vietnam. India is enraged about a new Chinese dam going up on the Brahmaputra River. And Ethiopia’s new dam on the Nile is angering Sudan, ...
http://www.hydroworld.com/news/2013/03/12/upstream-dams-downstream-trouble.html
USDA Hikes 2013 Export Projections for Cambodia, India, U.S.
The USDA increased its rice export forecasts for India, Cambodia and the U.S. mainly due to higher production estimates in these countries. Cambodia’s 2013 rice export estimates was increased 150,000 tons to a record 975,000 tons, up about 21% from last year, said the USDA in ...
http://oryza.com/content/usda-hikes-2013-export-projections-cambodia-india-us
Cambodia's employers, trade unions fail to reach agreement on pay rise
The third round of negotiation between Cambodia’s garment and footwear manufacturers and representatives of trade unions on minimum wage increase ended without result on Monday. The talk between the employers represented by Nang Sothy, co- chair of the Government-Private Working Group on Industrial Relations, and Ken ...
http://news.xinhuanet.com/english/business/2013-03/11/c_132225825.htm
Waterways may reduce export costs
Cambodia’s waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...
http://www.phnompenhpost.com/2013031261877/Business/waterways-may-reduce-export-costs.html
France set to grant Kingdom $47.7m for infrastructure
The French Development Agency yesterday agreed to grant Cambodia a total of $47.7 million, $8.7 million of which is a loan. The sum is to support the Kingdom’s irrigation infrastructure investment, to improve the country’s access to drinkable water and to fund the fight against emerging ...
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/
Animal feed lucrative but demand not being met
The production of animal feed may be lucrative for family-run businesses, but production is failing to meet the local market’s demand, said industry experts. Ros Limhy, National Agriculture adviser for the Ministry of Agriculture, Forestry and Fisheries’ Tonle Sap Poverty Reduction and Smallholder Development project, and ...
Hun Sen says Wage Changes Are Not Up To The Government
Prime Minister Hun Sen said yesterday that the government has no role in setting the minimum wage, as Cambodia is a market driven economy, and shot down unnamed people who have been calling for the government to significantly raise the country’s floor wage of $61. “For ...
http://www.cambodiadaily.com/news/hun-sen-says-wage-changes-are-not-up-to-government-14455/
Vehicle registration grows despite flaws in the system
An absence of public transport, improved roads and the economic development of Cambodia’s rural areas was reflected in an increase in vehicle registrations by 7.7 per cent from 2011 to 2012, official data shows. However, as an insider said yesterday, many cars and motorcycles will ...
Banong Families Receive Communal Land Tiles
Seventy-two ethnic minorities Banong families received communal titles to a combined 1,008 hectares of ancestral land in Mondolkiri province yesterday morning in a ceremony attended by Land Management Minister Chhun Lim. Communal titles were designed to protect the ancestral lands of the country’s minorities from outside ...
At Fuel Pumps, Price and Quality Are Anybody’s Guess
PHNOM PENH – Cambodia imports all of its fuel from abroad, but little regulation in the sector means everyday Cambodians see all kinds of prices at the pumps. Prices are high in Phnom Penh, while sometimes cheaper on the outskirts of the capital and even ...
http://www.voacambodia.com/content/at-fuel-pumps-price-and-quality-are-anybody-guess/1619374.html
Farmers of cassava afraid of losing out to a lack of rainfall
The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...
Phnom Penh Gains Partnership With Tennessee City
The Phnom Penh Municipality and delegates from Cleveland, Tennessee, yesterday signed a memorandum of understanding to establish sister-city status, officials said. “While we are welcoming [the delegates], there are people outside who are demanding that we solve their housing problems,” said Phnom Penh Governor Kep ...
The drugs don’t work: Despite the best efforts of the authorities, producers of fake medicines are making a killing in Cambodia
“Counterfeit medicine kills, while real medicine heals.” This was the simple but apt message selected just over a year ago for a poster campaign in Cambodia that aimed to raise awareness of the risks of counterfeit medications, as part of a government crackdown on the ...
EU fund of over $4.5 mln in Cambodia
The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODhhZmVjNmU1OTd
Limited yarn supply troubles Cambodian silk industry
The silk industry of Cambodia is in rapid decline due to limited domestic supply of silk yarn and high cost of imported raw materials. According to the latest data released by the Food and Agriculture Organization (FAO)-Cambodia, the Southeast Asian nation imports 395 tonnes of raw ...
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=122102
US Firm to Open Its Second Casino in Cambodia
A U.S.-listed gaming company is set to open its second casino in Cambodia next month, the company said as it announced its revenues had grown to more than $20 million in 2012. Entertainment Gaming Asia Inc. (EGA), which is backed by Macau-based Melco International Development Limited ...
http://www.cambodiadaily.com/business/us-firm-to-open-its-second-casino-in-cambodia-14421/
Project to reduce flooding
The government has announced plans for a landmark project to create a system for diverting and then stocking waste water, in a bid to prevent run-off into the streets of Phnom Penh and the Tonle Sap river. Moeung Sophan, a consultant to the Phnom Penh Department ...
http://www.phnompenhpost.com/2013031161854/National/project-to-reduce-flooding.html
CNRP Rallies Garment Workers With Promises of Change
Speaking to hundreds of garment workers yesterday in Phnom Penh, Kem Sokha, deputy president of the Cambodia National Rescue Party (CNRP), appealed to those in attendance to vote for the newly formed opposition party, promising higher wages, social security and free access to schools and ...
Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
Chinese Firms Foresee Industrial Hub in Preah Vihear
Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...
Millers need greater access to credit: Govt
The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...
http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html
Koh Kong Families Ask Hun Sen for Help in Dispute
More than 40 families from Koh Kong province gathered on Friday outside Prime Minister Hun Sen’s Phnom Penh home to ask him to intervene in their land dispute with provincial forestry administration, village representatives said yesterday. According to one villager, 37-year-old Sam Sary, 47 families delivered ...
World Bank’s Boeng Kak Failure Cited in UN Report
The U.N.’s expert on housing rights has cited the World Bank’s failure to help thousands of families evicted from Phnom Penh’s Boeng Kak neighborhood as a prime example of why the bank needs to make human rights a focus of its land sector programs worldwide. At ...
http://www.cambodiadaily.com/news/world-banks-boeng-kak-failure-cited-in-un-report-14120/