News

FAO Raises Paddy Production Outlook

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...

http://www.cambizreview.com

PM to end missing link to Cambodia

Prime Minister Yingluck Shinawatra promised on Saturday to complete a missing rail link with Cambodia to foster closer ties with the neighbouring country. Ms Yingluck inspected the damaged tracks from Aranyaprathet district in Sa Kaeo to the border with Poipet in Cambodia and directed officials ...

http://www.bangkokpost.com/breakingnews/343138/yingluck-to-end-missing-link-to-cambodia

Government Denies Reports on Mining Corruption and Hun Sen

The Cambodian government on Thursday dismissed media reports in Australia linking Prime Minister Hun Sen to a mining company under investigation there for corruption. Earlier this week, The Age newspaper reported on Australian documents that described officials from BHP Billiton seeking a special meeting with Hun ...

http://www.voacambodia.com/content/government-denies-reports-on-mining-corruption-and-hun-sen/1630623.html

Chinese Investments in Cambodia Ignore Environment Queries

China’s expanding investment portfolio in Cambodia has brought into sharper focus the darker side of the Asian giant’s “development projects” in the impoverished Southeast Asian nation. And it is in the southwestern corner of Cambodia—known for its rich biodiversity, forest covered hills and bubbling rivers—where this ...

http://www.irrawaddy.org/archives/30883

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

Cambodia Posts 29 pct Rise In Large-Scale Factories Last Year

The number of large-scale factories in Cambodia has increased by 29 percent to 907 in 2012, Minister of Industry, Mine and Energy Suy Sen said Thursday. Those large-scale enterprises employed 559,600 employees last year, a 38 percent increase from 403,560 a year earlier, he said ...

http://www.asean-china-center.org/english/2013-03/28/c_132269109.htm

China's Nanning City officials visit Cambodia to promote tourism ties

A group of about 20 officials and tourism-related business owners from Nanning City, capital of south China’s Guangxi Zhuang Autonomous Region, is visiting Cambodia to broaden bilateral relations and cooperation in tourism. The delegation is led by Yang Min, Nanning’s vice mayor. On Tuesday, the group ...

http://english.peopledaily.com.cn/90883/8183679.html

E. Sun plans to purchase stake in Cambodian bank

E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...

http://www.taipeitimes.com/News/biz/archives/2013/03/23/2003557740

Cambodia: Visits on the rise

Cambodia is rapidly attracting more and more visitors from tourists to businessmen. Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported. So far,the country has welcomed 404,106 visitors compared to 350,257 during the same ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MmQ1MmMyNTUzMjJ

Million-dollar machine sweetens outlook

Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...

http://www.phnompenhpost.com/2013032164553/Business/million-dollar-machine-sweetens-outlook.html

Combi plans $1.5m factory for baby goods

CONSTRUCTION is progressing on a $1.5 million baby-products factory that will be among the largest in the Phnom Penh Special Economic Zone (PPSEZ). Combi (Cambodia), which owns the factory, announced the plans for its new facility in an online job listing yesterday. The five-hectare factory was scheduled ...

http://www.phnompenhpost.com/2013032164550/Business/combi-plans-1-5m-factory-for-baby-goods.html

Rosewood trade must stop: PM

Prime Minister Hun Sen has called on Thailand, Vietnam, Myanmar and Laos to help curb the illegal trade in rosewood after Cambodia’s bloodiest year yet for logging-related border shootings. Speaking to reporters at Phnom Penh International Airport after the premier returned from a two-day meeting ...

http://www.phnompenhpost.com/2013031461944/National/rosewood-trade-must-stop-pm.html

Footwear Sector To Have ‘Running Room’

Cambodia’s footwear industry has experienced significant growth over the past five years, with the number of factories doubling, according to data from the Ministry of Commerce. Meanwhile, the International Labour Organisation (ILO) has announced it will monitor and report on footwear factories. As of November, 45 ...

http://www.phnompenhpost.com/2013031361901/Business/footwear-sector-to-have-running-room.html

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