News
NGO Forum Breaks Silence on 'Warning'
NGO Forum confirmed yesterday it had received a “warning letter” from the Ministry of Foreign Affairs over its advocacy on behalf of communities affected by a railway rehabilitation project funded by the Asian Development Bank (ADB) and AusAID. The warning to the umbrella group of 88 ...
Deals With China Inked
Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...
http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html
Cambodian Consulate Inaugurated in Lahore
LAHORE: The first Honorary Consul General of Cambodia in Pakistan, Chaudhry Salik Hussain, has said that the Pakistan-Cambodia Business Council will soon be established for cooperation between both the countries. Speaking at the inaugural ceremony of the Cambodian Consulate in Pakistan here on Sunday, he said ...
http://www.thenews.com.pk/TodaysPrintDetail.aspx?ID=64050&Cat=2
Villagers Block Road to Stop Threat of Evictions
A simmering land dispute in Kratie province’s Snuol Wildlife Sanctuary flared up Friday as hundreds of desperate villagers blocked National Road 76A for four hours in an effort to prevent the clearing of their homes and farms by a rubber company, villagers and human rights ...
Cambodia and China Ink Aid, Trade Deals
Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...
Senior CPC Official Highlights Inter-party Exchanges With Cambodia
PHNOM PENH A senior official of the Communist Party of China (CPC) said here Saturday that the CPC is willing to strengthen exchanges and cooperation with Cambodian political parties to boost mutually beneficial cooperation between China and Cambodia. Zhou Yongkang, a member of the Standing ...
http://news.xinhuanet.com/english2010/china/2011-08/21/c_131064410.htm
The New Asian Century
With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...
Cambodia and N-Korea Update Trade Ties
Ouch Borith, Secretary of State for Cambodia’s Ministry of Foreign Affairs and International Cooperation, and Ri Myong San, Trade Vice-Minister of DPRK, signed an agreement where Cambodia and North Korea agreed to expand bilateral trade, technology, agriculture, industry, investment and the health sector on July ...
Kampot Seeks to Rise Pepper Production in 2012
After the harvesting of peppers from Jan 1 to May 31 this year, farmers in Kampot province were able to harvest 16 tons and the hope is to increase production to 20 tons in 2012. Nguon Lay, the head of Kampot pepper community, said on ...
Rice Exports to China Rise
Following a meeting on Aug 9, between Chan Saron, from the Ministry of Agriculture, Forestry and Fisheries, and a delegate from China National Cereal, Oils and Foodstuff Cooperation (CNCOFC) that was led by Jiang Fan of the Chinese Commercial Department of Foreign Affairs, rice exports ...
JS Global (Cambodia) Brings in Korean Rice Milling Machines
JS Global (Cambodia), a Phnom Penh-based organization that aims to promote trade between Cambodia and other countries, is importing rice milling machines, manufactured by Dong Yang Industries. Dong Yang Industries, a Korean company established in 1955, has developed its own technology since 1990 to manufacture ...
Fertilizer Giant Opens New Branch
The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially inaugurated its branch in Cambodia on July 29 with an aim to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of ...
Microcredit Repayments
While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...
South Korea Will Help Restore Ancient Khmer Temple
South Korea plans to restore the ancient Khmer temple, Preah Pitou at western Baray and other temples in Siem Reap, home of a world-class tourism destination. The restoration project was announced after the meeting between Deputy Prime Minister Dr. Sok An, Minister in charge of ...
Japan Loans over $53 Million to Improve Agriculture and Education
Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...
Cambodia Will Host Forum of Rice Product to Boost Rice Export
The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 October at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...
Viettel Dominates Cable Network in Cambodia
Military-run telecom Viettel has deployed more than 16,000km of fibre optics for its Metfone network and is now has the biggest internet coverage in Cambodia. According to a report from the Ministry of Post and Telecommunications of Cambodia (MPTC), cable network coverage in the country ...
http://vietnambusiness.asia/viettel-dominates-cable-network-in-cambodia/
City Hall Bans Sand Transport Across Both Monivong Bridges
Officials in Phnom Penh’s Meanchey district said yesterday that all transportation of sand across the old and new Preah Monivong bridges has been banned for the duration of the rainy season to protect the road surface and avoid accidents. According to a City Hall announcement ...
Tariffs May Prompt Thaicom Move
Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...
http://www.phnompenhpost.com/index.php/2011081951137/Business/tariffs-may-prompt-thaicom-move.html
Lakeside Deal Skips Village 1
Hundreds of families at Boeung Kak lake would receive land titles next week, Phnom Penh governor Kep Chuktema announced yesterday, but one village has been excluded from the deal that all but ends Phnom Penh’s highest-profile land dispute. At a meeting with about 500 villagers ...
Foreign Ministry Tells NGOs to 'Readjust' Their Actions
The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...
Prey Long Forest Protesters Rounded Up, 'Reeducated'
Authorities in Phnom Penh briefly detained about 100 villagers yesterday who were distributing leaflets to raise awareness of the ongoing destruction of Prey Long, one of Cambodia’s largest remaining primary forests. The leaflet distributors had their materials confiscated and were escorted to six commune offices ...
More NGOs Scrutinised
International NGO Bridges Across Borders and umbrella group NGO Forum met yesterday morning with officials at the Ministry of Foreign Affairs who accused both of making “false” and “unfair” claims to the Asian Development Bank about the death of two children relocated by a railway ...
http://www.phnompenhpost.com/index.php/2011081951151/National-news/more-ngos-scrutinised.html
Cambodia Decides to Keep Reserve Rate at 12 Per Cent
The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of ...