Gov't Reports $25M From Rents in Six Months
The government earned just over $25 million in rental fees from state land leased to private companies in the first six months of the year, according to new figures from the Ministry of Economy and Finance. While the data shows that earning have risen, critics say ...
Tide changes at Ocean as factory pays strikers
Ocean Garment, the Phnom Penh-based clothing manufacturer at the centre of sexual harassment claims and an illegal strike that lasted more than two weeks, has agreed to compensate more than 2,500 workers for wages lost during the protests, a move union advocates have highlighted as ...
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
A new push for tourism cooperation
With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday, according to the Vietnamese Communist Party official news ...
http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html
PPWSA up again, with retail buyers moving in
The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...
Garment workers demonstrate to oust their foreign manager
About 2,500 workers from the Ocean Garment factory in Phnom Penh’s Pur Senchey district attempted to march yesterday to the Ministry of Labor with demands to remove a foreign factory manager, who they allege has used violence and made derogatory comments to female workers. As they ...
Two Thousand More Students to Measure Land
Following a ceremony to honor late King Father Norodom Sihanouk on Phnom Penh’s Koh Pich, more than 2,000 additional student volunteers were deployed yesterday morning by the Ministry of Land Management to measure plots of land in 19 provinces, officials said. Mr. Chhun Lim [Land Management Minister] said that ...
CAMBODIA: INTERNATIONAL ARRIVALS INCREASED BY 24%
A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...
http://www.tourism-review.com/cambodia-international-arrivals-increased-by-24--news3456
EZECOM and Thai partner interconnect
Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...
http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html
Luxury Wood Seized From Military Vehicle
Forestry officials on Monday confiscated nearly two-and-a-half cubic meters of luxury grade Thnong wood in Stung Treng province from a military truck emblazoned with the insignia of Prime Minister Hun Sen’s Bodyguard Unit, forestry officials said yesterday. An additional 100 pieces of luxury grade wood were ...
In Kompong Thom Province, Cricket Yield Skyrocketing
After years of poor yields, the cricket farmers of Kompong Thom province have more than tripled their average catch compared with the same time last year due to early rains, an agriculture official said yesterday. Ou Bunsophoan, director of the Kompong Thom provincial agriculture department, said ...
Phok Dorn, P. 23
http://cambodiadaily.com
Majority of Packages Sent Abroad Contain Local Delicacies
Seventy percent of all outbound parcels leaving Cambodia via the state-owned postal service contain local food products that are delivered to Cambodians living abroad, an official at Cambodia Post said yesterday. Ork Bora, general director of Cambodia Post, said that of the total 26,678 packages, not ...
Strikers claim sexual harassment
Thousands of angry garment factory workers, en route yesterday to the Ministry of Social Affairs in a protest over alleged sexual harassment, were stopped in their tracks by about 100 armed police and ordered back to the workplace. More than 2,500 workers from Phnom Penh’s Ocean ...
Malaysian firm plans 10-mw biomass plant
A Malaysian-base[d] energy service group has plans to spend roughly $10 million to build a biomass power plant in Cambodia. Wah Seong Corporation Berhad’s plant would have a production capacity of up to 10 megawatts, said the group’s chief executive, Chan Cheu Leong, in an article ...
http://www.phnompenhpost.com/2013040264825/Business/malaysian-firm-plans-10-mw-biomass-plant.html
ADB Says Hydropower Growth Won’t Match Need for Oil, Coal
Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...
http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/
Food prices up 1.6 pct in April
Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...
http://www.phnompenhpost.com/2013070566683/Business/food-prices-up-1-6-pct-in-april.html
Cambodia begins first agricultural census
Cambodia’s first-ever agricultural census is under way, tasked with addressing the lack of reliable statistical information on one of the Kingdom’s most crucial economic sectors. The census is being taken by the government with assistance from the UN’s Food and Agriculture Organisation (FAO) in two ...
http://www.phnompenhpost.com/2013041165027/Business/cambodia-begins-first-agricultural-census.html
US embassy to hold investment webinar
The US embassy in Phnom Penh intends to hold a webinar on doing business in Cambodia, providing information on the benefits and challenges of working in the country for US firms. “This is the first webinar that will focus on investment opportunities and an overview of ...
http://www.phnompenhpost.com/2013042265136/Business/us-embassy-to-hold-investment-webinar.html
Land Case Involving Minister’s Wife Is Heard
The Court of Appeal yesterday heard the case of a land dispute between a 70-year old woman from Kompong Chhang province and a company owned by the wife of the Minister of Industry, Mines and Energy over a 3,000 square meter parcel of land. In May ...
Families allege flood aid graft
More than 10 families in Pailin province are claiming that flood aid proffered by Cambodia Red Cross officials is being unfairly distributed by commune and village authorities. Kim San, 61, a member of one of 16 severely flood-affected families in Sala Krao district’s Stung Trang commune ...
Chhay Channyda
http://www.phnompenhpost.com/national/families-allege-flood-aid-graft