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
Act on environment, UN urges
The government needs to enforce legislation on protecting the environment, even as it gives away masses of land and resources in concessions, or risk jeopardising its economic future, the UN assistant secretary-general for disaster risk reduction said yesterday.
“The most critical impact of disasters today is
http://www.phnompenhpost.com/index.php/2012042755821/National-news/act-on-environment-un-urges.html
Court Silent On Charges Against Monk
A Phnom Penh Municipal Court official yesterday refused to disclose the nature of “incitement” charges issued in February against well-known monk Loun Sovath, while the Ministry of Justice claimed it was unaware of the case against the social campaigner.
According to documents dated Feb. 14 and
National Budget
In 2011, the actual amount of domestic revenue collected during the year did not reach the set target, while actual budget expenditure exceeded the planned amount. As a result, the overall budget deficit grew to 7-3 percent of GDP in 2011.
For 2012 and 2013, while the execution of
Unions Set to Discuss Agreement on Strikes
After months of standstill, unions and the Garment Manufacturers Association in Cambodia (GMAC) are expected to convene at the end of the month to discuss an expired memorandum of understanding (MOU) aimed at reducing the amount of strike actions in the country, union leaders said
Japanese Oji Paper Company To Plant Trees for Producing Paper in Cambodia
The 4th world class Japanese Oji Paper Co. Ltd will invest in tree planting in Cambodia for paper manufacture. The information was made known here on Aug. 7 by the Japanese company’s Director Mr. Shimamura Gemmei in a meeting with Cambodian Minister of Agriculture, Forestry
Improve yields while the sun shines: NGO
This year’s dry spell could be an opportunity rather than a disaster for farmers, Cambodian Center for Study and Development in Agriculture (CEDAC) officials said yesterday.
Although drought has destroyed several thousand hectares of crops in the past two months, Cambodia’s largest agricultural NGO is encouraging farmers to
Cambodia set to produce halal food
Cambodia is being considered as a site for halal food production and rice milling by the United Arab Emirates, according to the UAE’s Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi yesterday.
Speaking during an official meeting with Prime Minister Hun Sen at the Peace
Ethnic Bunong Groups Granted New Land Titles
The government has completed the communal land-titling process for three ethnic Bunong communities in Mondolkiri province living on 1,000 hectares of land in Keo Seima district, villagers and a rights group said yesterday.
The three new titles-which will bring to six the total number of communal titles granted
Hun Sen vows to intervene as dollar plunges to 3,888 riel
Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days.
“The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province,
Rising tourism prompts ABA growth in Siem Reap
The Advanced Bank of Asia (ABA) is expanding its Siem Reap operations to take advantage of the growing tourism sector.
The bank is moving out of its 160-square-metre Sivutha Street office into a 1,080-square-metre, three-level office across the road, and it is now one of the
Limited yarn supply troubles Cambodian silk industry
The silk industry of Cambodia is in rapid decline due to limited domestic supply of silk yarn and high cost of imported raw materials.
According to the latest data released by the Food and Agriculture Organization (FAO)-Cambodia, the Southeast Asian nation imports 395 tonnes of raw
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=122102
Timbergreen principal denies illegal logging
The majority shareholder of Timbergreen, a firm that has been the centre of illegal logging allegations, has denied the company is in any way involved in the illicit trade of timber.
The company has gained significant attention since prominent environmental activist Chut Wutty, who had made
Beeline Weighs Future Options in Cambodia
VimpelCom Ltd., the Russian mobile telephone operator that runs the Beeline brand in Cambodia, is reviewing its assets in Cambodia to decide whether it should stop doing business here or merge with another firm in the country, an official at the company said yesterday.
“We will
Acleda Raises Capital by Nearly 30 Percent
Acleda Bank has raised its bank capital—the amount of money it has available for expenditure—by 28 percent to $113.16 million, the bank announced in a statement on Friday.
In Channy, CEO of Acleda, said yesterday the extra capital would be used to increase its loan portfolio
UN Secretary General will visit Cambodia in November
UN Secretary-General Ban Ki-moon will visit Cambodia in November to attend the 21st ASEAN Summit and East Asia Summit, a senior UN official said here Thursday.
Noeleen Heyzer, UN Under Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP),
Rice registration for different strains
In an effort to promote rice exports among Cambodian farmers, government officials said on Tuesday they will register the type of rice seed set for export and the rice seed produced for the national market.
Cham Prasidh, Minister of Commerce, said on the closing of the
Local markets still favorite
Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use.
The shopping behavior data, provided by
http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html
ADB cites weaknesses of microfinance sector
THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said.
“Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were
FedEx opens new air freight hub
FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region.
The $97 million hub is the first and only express transportation facility in Singapore.
The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof
http://www.supplychainreview.com.au/news/articleid/81499.aspx
