News

King Father Mementos a Big Business for City's Vendors

Portraits of the late King Father Norodm Sihanouk covered the floor and dozens of coin-sized badges emblazoned with his image were scattered on the sidewalk in front of the Singha Mean printing house yesterday. Kuo Ransiky, the 41-year-old owner of the printshop on Phnom Penh’s street ...

http://www.cambodiadaily.com

New Year to boost plant sales in Phnom Penh

Sales of plants and flowers will reach a high during the Lunar New Year celebrations in Phnom Penh, which start on Sunday, as more customers than ever before buy floral decorations for their houses, flower shop owners in Phnom Penh predicted. “During the weekend many people ...

http://www.phnompenhpost.com/2013020461162/Business/new-year-to-boost-plant-sales-in-phnom-penh.html

Policy aims to boost science and technology

A national policy on science, technology and innovation is being drafted to boost Cambodia’s development in the competitive field, as the Kingdom endeavours to catch up with its regional neighbours and internationally. Officials met for the first-ever consultation workshop yesterday to draft a national policy document ...

http://www.phnompenhpost.com/2013020161115/Business/policy-aims-to-boost-science-and-technology.html

Villagers Hit as Pond Dries Up

Hundreds of residents in five villages in southern Cambodia have been deprived of their sole source of water as a massive pond in their area has dried up, villagers said. The affected villagers of Sre Ronnong commune in Takeo Province’s Tram Kork district have been buying ...

http://www.rfa.org/english/news/cambodia/water-02012013195339.html

NGO Says Clothing Giants Shirked Workers

A local legal aid NGO said yesterday that American retail giant Wal-Mart and Swedish clothing brand H&M have failed to take responsibility for a shuttered supplier factory in Phnom Penh that owes its workers up to $200,000 in unpaid severance payments. The Community Legal Education Center ...

http://www.cambodiadaily.com

Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Siem Reap Theft Fears Rise

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...

http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html

Israel envoy pledges to boost tourism, agriculture ties with Cambodia

Bangkok-based new ambassador of Israel to Cambodia Simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. Speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng Samrin, who received the credentials on behalf of King Norodom ...

http://news.xinhuanet.com/english/world/2013-01/28/c_132133078.htm

Burger King to Open at Phnom Penh Airport

U.S. fast-food chain Burger King is set to open its first restaurant in Cambodia next month, an official confirmed yesterday. Advertisements have gone up at the Phnom Penh International Airport bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” ...

http://www.cambodiadaily.com/business/burger-king-to-open-at-phnom-penh-airport-8309/

Southwest border flooded with contraband

The southwestern areas along the Vietnam – Cambodia border are now in their usual busy time of the year, with smuggled goods entering the country with near impunity. Most of the markets in the Mekong Delta are flooded with various contraband products, mostly brought from China ...

http://tuoitrenews.vn/cmlink/tuoitrenews/business/southwest-border-flooded-with-contraband-1.97203

Cambodia, UAE set to boost cooperation in economics, tourism

Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. In the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...

http://news.xinhuanet.com/english/world/2013-01/23/c_132123114.htm

Ecuador, Cambodia Sign Antiquities Agreement

Government officials yesterday met with representatives from the Republic of Ecuador to discuss ways to improve economic and political ties between the two countries, Foreign Ministry Secretary of State Ouch Borith said. The two countries also signed a memorandum of understanding to protect Cambodian artifacts ...

http://www.cambodiadaily.com

$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html

More Investment Needed To Process Crops

Prime Minister Hun Sen yesterday said more investment in agriculture was needed to ensure that Cambodia can process its crops and add value to agricultural produce being exported abroad. Speaking at the inauguration of a new cargo port in Kandal province, Mr. Hun Sen said there was an ...

http://www.cambodiadaily.com

Japan Marks 60 Years of Relations With Cambodia

This year marks the 60th anniversary since the start of diplomatic relations between Cambodia and Japan – the country’s largest bilateral donor – and to celebrate, the Japanese Embassy is planning an array of cultural events. Speaking at a ceremony to mark the anniversary, Japanese Ambassador ...

http://www.cambodiadaily.com

ASEAN ministers vow to deepen tourism cooperation

Representatives of the ten ASEAN nations met on Sunday in Laos’ capital of Vientiane to launch the ASEAN Tourism Forum (ATF), where they pledged to expand tourism cooperation and discussed creating a pan-ASEAN tourist visa. The ATF, which was first held in 1981, is designed to ...

http://news.xinhuanet.com/english/world/2013-01/20/c_132115298.htm

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