Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ss='cambodia-color'>...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
Cambodia lacks skilled workforce
Against the backdrop of the slight recovery by world economies, especially the Us and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ss='cambodia-color'>...
http://www.phnompenhpost.com/2013011160733/CEO-Talk/cambodia-lacks-skilled-workforce.html
MP urges government to scrap Koh Kong dam project
A dam project set to flood thousands of hectares of protected forest and displace about 1,500 indigenous minority villagers in one of Koh Kong province’s most precious ecosystems should be scrapped, opposition sam Rainsy Party MP son Chhay said yesterday. The 109-megawatt dam project in the ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012042055676/National-news/dont-dam-minority-mp-says.html
CPP Claims 72% of Seats In Communes
The CPP yesterday declared victory in sunday’s commune election, saying it had taken 72 percent of the country’s commune councilor seats and all but 41 of the country’s 1,633 powerful commune chief positions. The sRP in turn said it took 19 percent of the available councilor ss='cambodia-color'>...
Young chief vs the system
Tek Nim is well versed in dealing with adversity. In year nine, she dropped out of school, began working on the family farm and finally became resigned to the belief that her brightest prospect was to leave Omlaing commune, in Kampong speu province’s Thpong district, ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012070357164/National-news/young-chief-vs-the-system.html
Not all app stores online
SmartphoneS and the accompanying online StoreS that Sell applicationS for them may be gaining ground acroSS emerging marketS, according to a Study conducted by a London-baSed telecommunicationS reSearch and analySiS firm, but Cambodia&rSquo;S market iS limited by a lack of placeS to legitimately purchaSe appS, SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html
Port in Kampot to turn province into regional trade hub
Kampot Port Co will break ground on a Kampot port in September, company officialS Said yeSterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which iS hoped to revitaliSe trade and commerce in the province. Vinh Huor, preSident of the SS='cambodia-color'>...
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-AsIA conference in Phnom ss='cambodia-color'>...
Angkor Air forecasts first loss
AFTER finishing in the black every year since its launch in 2009, Cambodia’s flagship airline is forecasting a loss for the first time, in a situation that an industry analyst has described as “not necessarily typical”. Cambodia Angkor Air’s (CAA) loss is projected to span two ss='cambodia-color'>...
http://www.phnompenhpost.com/2013030661776/Business/angkor-air-forecasts-first-loss.html
Future of Gold Tower 42 in Arbitration Court
The owner of the $240 million Gold Tower 42 project in Phnom Penh has entered into arbitration with the project’s builder, in a bid to get work started again after construction halted on the project in september 2010 due to poor unit sales and cost ss='cambodia-color'>...
Details murky on Koh Pich dredge
Even as bulldozers slowly pushed freshly dredged sand into the Tonle Bassac yesterday, expanding Phnom Penh’s Koh Pich, developers and officials could say little about the massive project slated to occupy the new space – a 555-metre tower that would be the tallest in Asia, ss='cambodia-color'>...
http://www.phnompenhpost.com/2013040564919/National/details-murky-on-koh-pich-dredge.html
Logistics and insurance firms driving office market
Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ss='cambodia-color'>...
Analysts See Chance for End to Political Deadlock
With Saturday&rSquo;S oppoSition proteSt now expected to be a peaceful meditation on juStice&mdaSh;rather than a demonStration againSt a flawed election proceSS&mdaSh;Cambodian analyStS Say the current poSt-election deadlock may Soon paSS. OppoSition leaderS Said Monday they planned to go forward with a maSS demonStration, but that they SS='cambodia-color'>...
Heng Reaksmey
http://www.voacambodia.com/content/analysts-see-chance-for-end-to-political-deadlock/1742485.html
Engineers Hold Labor Day Protest Against Paying Income Tax
More than 50 engineers employed by Japan’s sumitomo Mitsui Construction Co. Ltd. to work on a new Neak Loueng Bridge in Kandal province protested on Wednesday over paying income tax of 10 percent and are threatening to go on strike again if their employer dose ss='cambodia-color'>...
Trade Deal Threat Still On Table
The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ss='cambodia-color'>...
http://www.phnompenhpost.com/2013052065716/National/trade-deal-threat-still-on-table.html
Massive Power Outage Triggered by Falling Tree
A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ss='cambodia-color'>...
http://www.cambodiadaily.com/news/massive-power-outage-triggered-by-falling-tree-26557/
Tax revenues rise, but aren’t reflective of overall GDP growth
While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. stephen Higgins, former CEO of ANZ ss='cambodia-color'>...
http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth
Chamber wants new tax laws
The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ss='cambodia-color'>...
http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws
Sofitel Phnom Penh Wins 2nd Place in Awards
The Sofitel Phnom Penh Phokeethra haS won Second place among the 25 beSt hotelS of SoutheaSt ASia in the 2013 ReaderS&rSquo; Choice AwardS of the preStigiouS Conde NaSt Traveler publication, which alSo named Siem Reap City aS one of the “Top 10 CitieS in ASia.” CharleS-Henri SS='cambodia-color'>...
Michelle Vachon
http://www.cambodiadaily.com/business/sofitel-phnom-penh-wins-2nd-place-in%E2%80%88awards-45706/
In the money at CNRP rally
Thousands of opposition supporters at Freedom Park cheered in a near-ecstatic frenzy yesterday as Cambodia National Rescue Party president sam Rainsy compared the demonstration to those held by the ruling party with an eye to the bottom line. “The [Cambodian People’s Party] uses money to pay ss='cambodia-color'>...
Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/money-cnrp-rally