Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
Facing Chinese Dam, Monks Fight for Temple
Monks residing in Koh Kong’s remote Areng Valley have begun raising funds online to renovate their local temple, despite plans in store for a large Chinese backed hydropower dam that would leave the site completely inundated. The 108-MW hydropower dam, to be built by ...
Kuch Naren និង Kene-Hern Chen
http://www.cambodiadaily.com/news/facing-chinese-dam-monks-fight-for-temple-31987/
Illegal checkpoints, logging tools netted
Activists in Kratie province’s Snuol district seized seven chainsaws over the weekend and collected evidence that four police checkpoints were used to solicit bribes from illegal loggers, representatives of the network said yesterday. After scouring thousands of hectares of protected forest from Friday through yesterday, the ...
http://www.phnompenhpost.com/2013031962013/National/illegal-checkpoints-logging-tools-netted.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 ...
Vietnam Power Failure Hits Phnom Penh
A massive power outage Wednesday in Southern Vietnam brought rolling blackouts that lasted for hours to Ho Chi Minh City, the entire southeastern region of Vietnam and large sections of Phnom Penh. Vietnam’s state-owned Southern Power Corporation said Wednesday that the problem occurred around 2 p.m. ...
http://www.cambodiadaily.com/news/vietnam-power-failure-hits-phnom-penh-26121/
AEON widens HP to farmers
AEON Microfinance (Cambodia) Co Ltd says it has expanded its installment payment services into the agricultural sector, a new business type industry insiders say could be successful, but will still not be enough to strengthen one of Cambodia’s most crucial economic sectors. “We will co-operate with ...
http://www.phnompenhpost.com/2013052365789/Business/aeon-widens-hp-to-farmers.html
Moving towards e-commerce
Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...
http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html
Thai AirAsia on Siem Reap price war
Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...
http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route
New Chinese envoy pledges to further enhance ties with Cambodia
Newly-designated Ambassador of China to Cambodia Bu Jianguo on Thursday vowed to help further deepen all rounds of cooperation with Cambodia for the benefits [sic] of the two countries and peoples. Paying a courtesy call on Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong, Bu ...
http://news.xinhuanet.com/english/china/2013-07/25/c_132573145.htm
Father Suing Rubber Firm for Beating His Three Children
The father of three children attacked with wooden sticks and steel poles by employees of well-connected DM Group in Ratanakkiri province has filed a lawsuit against the firm, and is asking for tens of thousands of dollars in compensation. .. The provincial court has charged the ...
http://www.cambodiadaily.com/news/father-suing-rubber-firm-for-beating-his-three-children-22805/
Cambodia's trade with its neighbors slows in Q1
Cambodia saw a slow rise in trade volume with Vietnam and a slight decrease with Thailand in the first quarter of this year, according to the figures provided on Wednesday. The figures said Cambodia’s total exports to Vietnam was worth 221 million U.S. dollars during ...
http://www.asean-china-center.org/english/2013-05/09/c_132370565.htm
Cambodian PM inaugurates rubber processing plant in far northern province
Cambodian Prime Minister Hun Sen on Wednesday inaugurated a rubber processing plant here, saying the factory would contribute to developing the country’s fast-growing rubber sector. The 7 million U.S. dollar plant, invested by Cambodia’s Sopheak Nika Investment Agro-Industry Company, was built on the area of 9 ...
http://news.xinhuanet.com/english/world/2013-05/15/c_132384351.htm
On World Environment Day, a Call to Save Cambodia’s Forests
About 200 people celebrating World Environment Day on Wednesday gathered in front of the National Assembly to submit a petition asking the government to stop the destruction of Cambodia’s forests. A report released by the WWF last month said that Cambodia has lost almost a ...
http://www.cambodiadaily.com/news/on-world-environment-day-a-call-to-save-cambodias-forests-29329/
‘Thinnest’ smartphone is set for debut in Cambodia
Two days after Huawei introduced the world’s thinnest smartphone in London and Singapore, the Cambodian representative office of the China-based company announced that the sleek device would be sold in the Kingdom in July. While the Chinese telecom giant hopes to increase its market share of ...
Group Considers Complaint Against Sugar Giant
A London-based sugar trade association aiming to promote a more ethical and sustainable industry will meet early next month to consider a request from Cambodian farmers that it eject U.K.-based sugar firm Tate & Lyle from the group unless it gives them back their land. Some ...
http://www.cambodiadaily.com/news/group-considers-complaint-against-sugar-giant-32001/
Indochine raises A$5.5m, sells 85% of Cambodia gold assets
ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...
Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08
Flood death toll hits seven
Relentless floodwater in Banteay Meanchey has killed at least seven people since late last month, when water began inundating the province, national disaster officials confirmed. Fatalities from the deluge in Banteay Meanchey include four adults and three children, National Committee for Disaster Management chief Keo Vy ...
http://www.phnompenhpost.com/national/flood-death-toll-hits-seven
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
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Aun Pheap
http://www.cambodiadailykhmer.com/news/8417/