Cambodian Pawnshop Revenues Drop as Industry Expands
The number of licensed pawnshops in the country has surged since the government began registering them in 2010, leaving some pawnbrokers claiming revenue losses of 30 to 50 percent due to oversaturation in the market. Ly Seng Cheng, a pawnbroker at the Khlaing Rum Sev pawnshop ...
Land Concessions Signed After Hun Sen Ordered Moratorium
According to documents published in the latest Royal Gazette, Prime Minister Hun Sen signed off on three land concessions covering more than 20,000 hectares last month, 11 days after a moratorium on the granting of such concessions was announced. On May 7, Mr. Hun Sen signed ...
Garment Worker Demonstrations Pay Dividends
At the M&V International Manufacturing Factory in Kompong Chhnang province last week, 5,000 workers filed through the gates, sat behind their neat rows of sewing machines and refused to work. A year earlier, hundreds of female workers had fainted at the factory after complaining of ...
Preah Vihear villagers protest soldiers' SLC
Villagers who allege authorities and armed forces in Preah Vihear province have been burning their houses and clearing farmland of 400 families, to create a social land concession, protested yesterday, calling on intervention from Prime Minister Hun Sen. The 5,557-hectare SLC in Kulen district’s Srayang village ...
Hundreds of Preah Sihanouk Families Forced From Homes
More than 100 families in Preah Sihanouk province were forcefully removed from their homes yesterday morning by at least 100 armed police officers who dispersed the crowd by firing shots into the air from AK-47 rifles and spraying villagers with water cannons, accoring to provincial ...
Grasslands present dilemma
A week after British researchers released a study warning that the nation’s grasslands would soon be lost if drastic action was not taken to protect them, some agricultural experts have called for moderation, noting that the intensive rice cultivation blamed for the grasslands’ destruction is ...
http://www.phnompenhpost.com/2013032664676/National/grasslands-present-dilemma.html
Stronger ties with Cambodia sought ahead of rice-trading zone
Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...
Farmers Suffer From Illegal Pig Imports
Small pig farmers are struggling to stay in business as illegal imports of pigs from neighbouring countries rise, squeezing them out of the market, industry insiders say. Srun Peu, deputy director of the Cambodia Pig Farmers Association, an organisation with 4,000 members, said the increase in ...
http://www.phnompenhpost.com/2013042565222/Business/farmers-suffer-from-illegal-pig-imports.html
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Thailand and Cambodia to forge closer trade talks
After the fourth Joint Trade Commission (JTC) recently, Commerce Minister Boonsong Teriyapirom said that Thailand and Cambodia had the potential to drive two-way trade up by 30 per cent, due to strong growth in 2012. Last year, bilateral trade grew by 40.5 per cent year on ...
Workers paid out on doorstop of election
A month-long battle to secure back pay waged by 750 garment workers has ended only days before the national election – with the government footing the bill. The $450,000 payout to the Pine Great (Cambodia) factory workers – whose factory owner skipped town in April – ...
http://www.phnompenhpost.com/national/workers-paid-out-doorstop-election
Cambodia-Japan trade volume up 14% in 3 months
Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...
http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm
Cambodian police clash with thousands of garment workers, 23 hurt
At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...
http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527
Entrepreneurs visits Cambodia for business opportunities
Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...
Cambodia election will not have influence on tourism
Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...
http://www.eturbonews.com/36396/cambodia-election-will-not-have-influence-tourism
Water Resources Minister Seeks Investigation Into Exported Sand
Minister of Water Resources and Meteorology Lim Kean Hor said Monday that he would seek an investigation into a $1.5-million haul of river sand exported to India in April in spite of a ban on the export of dredged sand handed down by Prime Minister ...
Hul Reaksmey
http://www.cambodiadaily.com/news/water-resources-minister-seeks-investigation-into-exported-sand-46848/
Smart Mobile Sees 36% Revenue Growth
Malaysian telecommunications company Axiata Group Berhad reported Wednesday that its Cambodian brand Smart has seen strong growth in the first nine months of the year, with revenue increasing by 36 percent compared with the same period last year. In its third quarter financial report, Axiata said ...
George Styllis
http://www.cambodiadaily.com/business/smart-mobile-sees-36-revenue-growth-48215/
IMF chief: Cambodia needs to invest more in education, infrastructure
The International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that Cambodia needs to invest more in education and physical infrastructure in order to lay the foundation for future success. While there has been good progress, Cambodia is still being held back by low ...
The Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131203/imf-chief-cambodia-needs-invest-more-education-infrastructur
(English) CNRP calls a timeout
Sorry, this entry is only available in អង់គ្លេស (ស.រ.អ). ...
Mom Kunthear, Sean Teehan and Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-calls-timeout
Phnom Penh Port Says City Center Ban on Trucks Hurting Exports
The Phnom Penh Autonomous Port has requested that City Hall reduce the length of its daily ban forbidding container trucks from traveling on Phnom Penh roads between 5 a.m. and 9 p.m. because cargo is unable to reach the port, resulting in a decrease in ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-port-says-city-center-ban-on-trucks-hurting-exports-46759/