Trade barriers hinder growth of Cambodia's export industry
Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...
Villagers Still in the Dark About Lower Sesan Hydropower Dam
Thousands of villagers who will lose their land to the construction of the Lower Sesan 2 dam in Stung Treng province later this year have not been told of the government’s plans for their resettlement and compensation, a new study released yesterday shows. Through interviews with ...
Honda Factory Workers Strike To Reinstate Union Officials
About 300 workers from a Phnom Penh factory that assembles Honda motorcycles went on strike yesterday to rally for the reinstatement of their union representatives, in accordance with an order by the Arbitration Council, union representatives said yesterday. Yoeurng Sopheara, a legal officer at Cambodia Labor ...
Cambodia approves land concessions, despite ban
Cambodia’s government has ignored a suspension on new land concessions to private companies, announcements in an official publication showed, despite ordering a freeze after growing discontent over forced evictions and illegal logging. Prime Minister Hun Sen signed off on 12 sub-decrees on June 7 and 12 ...
http://www.reuters.com/article/2012/06/26/us-cambodia-land-idUSBRE85P0G520120626
Hun Sen Says Land Management Ministry in Need of More Staff
Prime Minister Hun Sen said yesterday that there was a lack of staff at the Ministry of Land Management, and suggested that the students in his land measuring program be utilized to rectify the shortage. Mr. Hun Sen made the comments while visiting Pursat province’s Phnom ...
Cambodia city port sees 16% surge in shipments in 9 months
Container traffic through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 16 percent in the first nine months of this year thanks to increasing import and export activities in garments and construction materials, the port authority said on Wednesday In March last year, to ...
http://news.xinhuanet.com/english/business/2012-10/03/c_131886809.htm
1 in 20 Firms Carry Out Environment Assessments
Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out environmental impact assessments, an official at the ministry of Environment said yesterday. Speaking at a workshop in Phnom Penh ...
Simon Lewis and Khuon Narim, P.1
http://www.cambodiadaily.com
Phnom Penh Port Shifts Focus to Cruise Boats
With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday. Eang Veng ...
Cambodia's Internet penetration more than doubles
Cambodia’s Internet penetration more than doubled to 3.1 per cent of the population in 2011, up from 1.3 per cent a year earlier, according to the Internet World Stats website. The country had 449,160 Internet users at the end of last year and 491,480 Facebook users ...
Workers at Honda Plant Given Back Their Jobs
A factory in Phnom Penh that assembles motorcycles for Honda decided on Friday to reinstate four workers who had been fired in December for creating a new trade union. About 300 workers at the Honda NCX Company in Pur Senchey district had been on strike since ...
Ratch puts mine purchase on hold as coal price dips sharply
The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...
Israel envoy pledges to boost tourism, agriculture ties with Cambodia
Bangkok-based new ambassador of Israel to Cambodia Simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. Speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng Samrin, who received the credentials on behalf of King Norodom ...
http://news.xinhuanet.com/english/world/2013-01/28/c_132133078.htm
Preah Vihear Families File Complaints As Land Set Aside for Airport
More than 60 families living in Preah Vihear province filed a complaint with rights group Ahdoc yesterday after officials announced that their land had been set aside for a new airport and would not be measured for private land titles, local officials said. Adhoc Preah ...
Co-op scheme aims to boost farmers’ profits
An ambitions new agricultural development project backed by a former US diplomat is aiming to dramatically revamp the sector and bring profits back into the hands of farmers. Sichan Siv, a Cambodian with dual citizenship who spent five years serving as US ambassador to the UN, ...
http://www.phnompenhpost.com/2012121960368/National/co-op-scheme-aims-to-boost-farmers-profits.html
Toilets, trucks on agenda
The government announced new plans for developing both transportation and rural sanitation at the annual meeting of the Ministry of Rural Development at the Chaktomuk Conference Hall in Phnom Penh yesterday. According to officials at the event, the ministry will be completing by year’s end a ...
http://www.phnompenhpost.com/2013030661784/National/toilets-trucks-on-agenda.html
Group Lease eyes Laos, Vietnam markets
Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...
http://www.bangkokpost.com/business/financialadvice/340373/group-lease-eyes-laos-vietnam-markets
Slight rise in truck numbers
The total number of new trucks registered last year increased slightly, but industry insiders said that even though more trucks are needed to boost the Kingdom’s trading volume, the country’s export capacity is relatively unaffected because of trucks bought in previous years. The number of big ...
http://www.phnompenhpost.com/2013032564655/Business/slight-rise-in-truck-numbers.html
$1.3m SEZ Japanese Restaurant Opens Doors
In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...
http://www.phnompenhpost.com/2013060366009/Business/1-3m-sez-japanese-restaurant-opens-doors.html
Malaysian bank eyes the affluent
A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong Bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong Bank Cambodia, ...
http://www.phnompenhpost.com/2013070866710/Business/malaysian-bank-eyes-the-affluent.html
Satellite system will save fuel and routes
Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...
http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes