News
Bad weather affects border trade, seafood prices
Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...
http://www.pattayamail.com/business/bad-weather-affects-border-trade-seafood-prices-16869
Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
Cambodia, Laos, Myanmar and Vietnam cooperate in developing tourism
Cambodia, Laos, Myanmar and Vietnam, which form the Mekong Sub-Region agreed last week in Ho Chi Minh City to implement a single visa among themselves. Thailand could even join the scheme At a conference aimed at promoting tourism in the region, ministers of tourism from Cambodia, ...
http://www.traveldailynews.asia/news/article/50439/cambodia-laos-myanmar-and-vietnam
FRANCE 24 now on DTT in Cambodia
FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...
http://www.mediamughals.com/News/1/1/Article/10692/FRANCE_24_now_on_DTT_in_Cambodia.htm
Watch TV while you drive
A new marketing strategy has reached Phnom Penh’s streets, enabling companies to introduce their products on a moving TV screen. New Color Communications, a company started by Kim Seong Bomb, instals TV screens on the back of tuk-tuks that show a series of one-minute advertisement clips. ...
http://www.phnompenhpost.com/index.php/2012091958784/Business/tuk-tuk-tv-to-get-commercials.html
Garment worker missing for nine days
On September 10, Thol Vin, 18, left for her job at a garment factory in Phnom Penh’s Dangkor district, just like any other day. She had been working there for more than two years until she disappeared unexpectedly during her lunch break. On Friday, Thol and ...
Chinese Delegates Visit Environment Minister, Officials
A Chinese parliamentary delegation arrived in Phnom Penh yesterday to hold talks with various Cambodian officials including the environment minister, Chinese state media reported. The delegation from the National People’s Congress is headed by Huang Xianzhong, vice chairman of the Environment Protection and Resource Conservation Committee and a ...
Journalist and forestry officer released in deal
A local journalist and a forestry officer who were arrested by military police forces in Kratie province last week for beating a man and firing a gun into the air were released on Monday as part of a compromise between the victim and his attackers. Srey ...
Luxury Hotel Resort Threatens Bokor Mountain's Biodiversity
An ongoing project to build hotels, luxury villas and a casino on Kampot province’s Bokor Mountain is a threat to the area’s unique animal and plant species, according to two new studies. Local conglomerate Sokimex Group has been granted property development rights on the entire mountain, ...
Construction sector investment soars
Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 85-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this year, the ministry ...
Court to Summon Witnesses in Journalist's Killing
The Ratanakkiri Provincial Court will soon summon a number of people for questioning in its investigation into the brutal murder of journalist Hang Serei Odom earlier this month, a court official said yesterday. Former military police Captain An Bunheng and his wife, Sim Vy, were ...
Tobacco lost to smuggling, survey shows
Government data show that significant amounts of tobacco are being smuggled out of the country each year, health and economics experts said yesterday. A national tobacco survey from 2011, the exact numbers of which remain confidential, shows that more tobacco is produced in Cambodia than is ...
Activists see freedom of expression on wane
Threats, intimidation and, in extreme cases, even murder were endangering freedom of expression in Cambodia and leaving human rights at the crossroads, activists and NGO representatives said during a round-table meeting yesterday. The slaying of environmental activist Chut Wutty, the arrest of Beehive radio director Mam ...
Brown rice standards are being promoted
Cambodian officials have begun to raise awareness on the forthcoming government issued standards for Cambodian milled brown rice, in an effort to guage reactions ahead of the official approval by the National Standards Board, according to officials. The official approval, aimed at promoting brown rice in ...
Changing a culture of impunity
Despite the recent spate of high-profile arrests and deportations, analysts, attorneys and civil society groups are divided on whether the Kingdom is finally beginning to live down its reputation as a haven for the fugitives and criminals who have long been drawn to the country ...
Don't Envy the Chinese, Gov't Tells Europe
The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...
Inflation rises 1.3 percent
Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...
Construction site mishap injures four
Four construction workers were injured, two seriously, when a wall dividing their building site from a school collapsed on them yesterday, police said, the latest in a string of mishaps in Cambodia’s burgeoning construction industry. The brick wall, between the site of an apartment complex being ...
Thais eye 2001 Gulf blueprint
Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...
Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Cambodia's construction sector attracts 1.53 bln USD investment in 8 months
Cambodia’s construction sector has attracted the investment of 1.53 billion U.S. dollars in the first eight months of 2012, a 74 percent rise compared with 881 million U.S. dollars at the same period last year, a report from the Ministry of Land Management, Urban Planning ...
http://news.xinhuanet.com/english/business/2012-09/17/c_131855799.htm
Border trade 'to double' under AEC
Thailand’s border trade with neighbouring countries is targeted to double to Bt2 trillion by 2015, thanks to the seamless market brought by the Asean Economic Community. “Cross-border trade continues to play a more important role for Thailand with closer economic cooperation ahead of the AEC,” Olarn ...
http://www.nationmultimedia.com/business/Border-trade-to-double-under-AEC-30190599.html
Cambodian government considers raising duty tax on local cigarettes
A packet of local Cambodian ARA cigarettes costs 1400Riel, around £0.22. Government tobacco tax on local products is currently 10%. Smoking and drinking is endemic in the poor youth of Cambodia and tax hike is proposed to cut the addiction. Ayda Yurekli, an academic from the ...
Officials urge maritime talks be resumed using 2001 MoU
Legal experts and officials agree that negotiations with Cambodia about overlapping maritime claims should resume under the 2001 memorandum of understanding (MoU) with Thailand. The MoU was revoked by the previous Abhisit Vejjajiva government. Vasin Teeravechyan, head of the Thai-Cambodian joint boundary sub-committee, said many related officials ...
http://www.bangkokpost.com/news/local/312802/officials-urge-maritime-talks-be-resumed-using-2001-mou