Speculators pounce on rice market as prices rise
Speculators have been selling rice to Thailand via Cambodia for over a month despite domestic prices rising VND1,000/kg. at the meeting of Vietnam Food Association (VFA) on September 7 in HCM City, Director of An Giang Export Company Nguyen Van Tien said the amount of rice ...
http://english.vietnamnet.vn/fms/business/43907/business-in-brief-12-9.html
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
Bandith trial to begin soon
The long-awaited trial of former Bavet town governor Chhouk Bandith – accused of shooting three garment workers at a protest in February – could begin within the next week, a Svay Rieng Provincial Court official said yesterday. Investigating judge Pich Chhert said the inquiry into the ...
http://www.phnompenhpost.com/index.php/2012091758746/National-news/bandith-trial-to-begin-soon.html
Garment worker missing for nine days
On September 10, ThOl Vin, 18, left fOr her jOb at a garment factOry in PhnOm Penh&rsquO;s DangkOr district, just like any Other day. She had been wOrking there fOr mOre than twO years until she disappeared unexpectedly during her lunch break. On Friday, ThOl and ...
Borei Keila, Boeung Kak march on embassies
More than 60 people yesterday rallied at the National Assembly, the UN Human Rights office, the Danish Embassy and the German Embassy as part of a petition campaign to seek the release of two jailed women from the Boeung Kak and Borei Keila communities. Villagers and ...
Social Work to shape Kingdom
Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...
http://www.phnompenhpost.com/index.php/2012092558885/Lifestyle/social-work-to-change-cambodia.html
Commerce Official Denies Luxury Wood 'Logs' Exported to China
A Commerce Ministry official yesterday denied that Cambodia was exporting luxury wood logs to China, insisting that any wood leaving the country was in a “processed” form. The China Customs data also states that each year, just under 10,000 cubic meters of “logs” and about ...
http://www.cambodiadaily.com/news/commerce-official-denies-luxury-wood-logs-exported-to-china/
PMβs Logging Decree βToo Lateβ
Activists are welcoming Prime Minister Hun Sen’s public vow to prevent logging and rosewood trafficking, but they also say it’s too little too late to have any serious impact on protecting Cambodia’s already decimated forests. In a speech on Friday at the Ministry of Interior, Hun ...
http://www.phnompenhpost.com/2013022561589/National/pm-s-logging-decree-too-late.html
Foreign investment in Cambodiaβs property rises
Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...
ASEAN countries agree to greater economic cooperation
Senior representatives for Cambodia, Laos, Myanmar, Vietnam and ASEAN met here Tuesday and issued a joint statement highlighting their agreement to forge stronger mutual investment, trade, transport and scientific cooperation links. The joint statement was released at the conclusion of the 6th annual Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit, ...
http://news.xinhuanet.com/english/business/2013-03/12/c_132228469.htm
Commodities Prices a Risk, Bank Says
Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...
SRP Campaign Videos Put Focus on Evictions
While the CPP in Phnom Penh has spent much of the campaign period broadcasting speeches by Prime Minister Hun Sen, hosting music concerts and sending well-known comedians into the streets to work the crowds, the SRP has a starker campaign focus. When the sun sets, 10 ...
KR Banking Chief Says Institution Was Sham
On his first day Of questiOning at the Khmer ROuge tribunal yesterday, Sar Kim LOmOuth, the deputy directOr Of the State Bank Of DemOcratic Kampuchea, described hOw the natiOnal financial institutiOn was nOthing but a charade during the POl POt regime. Currency had been abOlished and financial tranSactiOns eliminated under ...
Union Representative Beaten, Arrested by Police
A union representative was beaten with electric batons and arrested by police in Phnom Penh yesterday after more than 20 garment workers marched to submit a petition to Prime Minister Hun Sen’s Cabinet. The petitioners, workers at the Tai Yang garment factory who belong to the ...
Preah Vihear Villagers Protest Clearing of Farmland
About 300 villagers living inside a social land concession in Preah Vihear province’s Kulen district protested at Phnom Penh’s Wat Botum yesterday, requesting that Prime Minister Hun Sen stop provincial authorities from clearing their farmland in preparation for the area to be used to house ...
Fit for the future
As Cambodia continues to develop, information technology skills are increasingly in demand, especially as the government seeks to diversify the economy and bring in companies which will need staff with strong high-tech skills. To that end, last month the Royal University of Phnom Penh (RUPP), in cooperation with the Cisco ...
Cambodian land rights campaigner jailed for 20 years
A Cambodian court has jailed a 71-year-old broadcaster and land rights campaigner for 20 years after finding him guilty of leading an anti-state rebellion, a verdict condemned by activists as the latest crackdown on human rights. Three judges at the Phnom Penh court convicted Sonando, who ...
http://www.guardian.co.uk/world/2012/oct/01/cambodia-land-rights-campaigner-jailed
Too few businesses registered
A majority of small and medium enterprises in Cambodia were not registered, despite the advantages it offered to businesses, participants at a workshop on business registration procedure, intellectual property and business etiquette for women heard yesterday. Referring to 2011 statistics, Chan Sorey, vice-minister of the Ministry ...
http://www.phnompenhpost.com/index.php/2012102659433/Business/too-few-businesses-registered.html
China's Aid to Cambodia Helps Cement Ties
When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack obama, but they will view officials from Beijing as old friends. Mr. obama’s visit to Cambodia—this year’s host for ...
Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html
Alliance to disburse $2 million to buy paddy rice, help exports
The Alliance of Rice Producers Exporters of Cambodia (ARPEC) will release US$2 million after December 15th to its members in nine provinces so they can buy paddy rice before the harvest season ends and stocks been depleted. He said the pay out is being drawn from ...