Urban Dwellers Face a Battle for Land Ownership Registration
People applying for land titles in urban areas are at a huge disadvantage compared to their rural counterparts due to the higher percentage of property disputes with powerful officials and businesspeople in the country’s cities, a new report on land registration has found. To improve ...
World Bank upgrades Cambodia's growth forecast for this year
The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR
Export Values Up 21 Per Cent
Cambodian export values increased more than 21 per cent in the first quarter of this year compared with the same period last year, and officials said the rise was a positive sign for the Kingdom’s economic growth. According to the Ministry of Commerce’s export data ...
http://www.phnompenhpost.com/2013042465194/Business/export-values-up-21-per-cent.html
Cambodia’s first dairy plant
Cambodia’s first dairy factory is being planned for Phnom Penh, as one of the owners, a Vietnam-based dairy company, hopes to tap strong local demand for its products. The 2.7-hectare factory, in the Phnom Penh Special Economic Zone (PPSEZ), would produce condensed milk, yoghurt and UHT ...
http://www.phnompenhpost.com/2013042565223/Business/cambodia-s-first-dairy-plant.html
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
Cambodia, U.S. sign emissions reduction agreement
Cambodia and the United States on Friday signed a Memorandum of Understanding on low emissions and climate resilient development in Cambodia, according to a press statement from the U.S. Embassy to Phnom Penh. The deal was inked between Cambodian Minister of Environment Mok Mareth and Rebecca ...
http://www.china.org.cn/environment/2013-05/31/content_28997411.htm
Union wins benefits for garment workers
Most demands made by workers at a Takeo province garment factory were met following a large protest and five hours of negotiation. Asia Dragon (Garment) Co Ltd mediated with the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), making concessions on most of the workers’ 16 ...
http://www.phnompenhpost.com/national/union-wins-benefits-garment-workers
Indian Firms Look To Cambodia Industries
A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. at present, Cambodia does modest trade with India, the second largest country in the world by population. But the ...
Rubber price falls from 2012
Thanks to seasonal demand, the price of rubber has increased from 2012’s year-end prices. But it was still slightly lower than at this time last year, a rubber-plantation owner said yesterday. Mak Kimhong, president of the Cambodia Rubber Association and owner of the Chhop Rubber Plantation ...
http://www.phnompenhpost.com/2013031361907/Business/rubber-price-falls-from-2012.html
Titles near as students finally on way to district
Nearly 50 families in Koh Kong province’s Kiri Sakor district will finally receive official titles after repeatedly requesting – and being denied – student volunteers to measure their land, the villagers’ commune chief said yesterday. Koh Pol commune chief Ev Kosal, who participated in the meeting ...
Mortgage Lending Rises for New Home-Buyers
Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday. From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million ...
http://www.cambodiadaily.com/business/mortgage-lending-rises-for-new-home-buyers-20083/
Rice Boss in Pre-trial Detention ‘13 Months’
The general director of a local rice wholesaler accused of defrauding business associates in a deal has lashed out at the judiciary – claiming delays in legal processing have left him imprisoned for 13 months without trial. Sovann Veasna is accused of cheating three businessmen ...
http://www.phnompenhpost.com/2013052465829/National/rice-boss-in-pre-trial-detention-13-months.html
Cambodia's trade with foreign countries up 25 pct in four months
Cambodia’s trade volume with foreign countries had reached 5.12 billion U.S. dollars in the first four months of this year, a 25 percent rise compared with 4.1 billion U.S. dollars over the same period last year, according to a report from the Ministry of Commerce’s ...
http://news.xinhuanet.com/english/world/2013-05/30/c_132419210.htm
Fish tale: A million released
A million fish formed the front line of the conservation fight yesterday, when Agriculture, Forestry and Fisheries officials released them in Kampong Thom provincial waters, celebrating the launching of a national aquaculture institute. Yesterday’s celebration of National Fish Day in Baray district marks the official start ...
http://www.phnompenhpost.com/2013070266609/National/fish-tale-a-million-released.html
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
Think Tank Says Cambodia Isn't Managing Its Resources
With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ...
http://www.cambodiadaily.com/business/think-tank-says-cambodia-isnt-managing-its-resources-24530/
Instalment payments for goods gaining purchase
AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...
Subedi Urges Passage of Laws on Judiciary
U.N. human rights envoy Surya Subedi met with a senior official at the Ministry of Justice on Wednesday and reiterated a call for new legislation to be passed on governing Cambodia’s judiciary. “He did not ask us much on anything new, but he did ask for ...
Bail Requests Denied for All Eight Unionists
The Kampong Speu Provincial Court has denied bail for eight unionists accused of instigating violence at the Sabrina Garment factory last Monday. Kampong Speu Provincial Court judge, Cheum Rithy said yesterday that he had not approved the bail request because significant work remained in questioning ...
Scant proof found of illegal logging: official
Following an investigation of alleged illegal logging by Vietnamese Company 72 in Ratanakkiri’s O’Yadav district forests yesterday morning, provincial Forestry Administration officials claimed nothing seemed awry. Four villagers patrolling the forest at the border of Vietnam reported they had seen six Vietnamese loggers with two tractors, ...
http://www.phnompenhpost.com/national/scant-proof-found-illegal-logging-official