Regus Opens in Cambodia, Expands Footprint to 99 Countries
Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ss='cambodia-color'>...
Farmers biggest source of investment in agriculture
Despite attention from Foreign Direct Investment (FDI) and official development assistance, farmers are by far the largest source of investment in agriculture, the state of Food and Agriculture 2012 report by the Food and Agriculture Organization published last week said. Farmers in low and middle income ss='cambodia-color'>...
Unionists cry foul over rejection
K-Cement workers who were told they could not form a company-wide union because their workplaces were “separate” entities have now had their application to register individual unions rejected by the Ministry of Labour, union leaders said yesterday. sok Kin, vice president of the Building and Woodworkers ss='cambodia-color'>...
http://www.phnompenhpost.com/2013020161139/National/unionists-cry-foul-over-rejection.html
Trade with Vietnam grows
Bilateral trade between Cambodia and neighbouring Vietnam increased by more than 10 per cent last year on the previous year, according to data from the Vietnam Trade Office in Cambodia. The data showed that total trade volume was $3.3 billion between January and the end of ss='cambodia-color'>...
http://www.phnompenhpost.com/2013022761641/Business/trade-with-vietnam-grows.html
Mfone Workers Demand $4.4M Compensation
About 200 former employees of bankrupt mobile phone operator Mfone yesterday protested outside the company’s shuttered offices, asking for the help of Prime Minister Hun sen in the fight to get more than $4 million in compensation from the company. Mfone declared itself insolvent in ss='cambodia-color'>...
Million-dollar machine sweetens outlook
Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ss='cambodia-color'>...
http://www.phnompenhpost.com/2013032164553/Business/million-dollar-machine-sweetens-outlook.html
Kampot pepper in demand
Demand for Kampot pepper, the first Cambodian product to receive Geographical Indication (GI) status, is outpacing current supply even as areas of cultivation are expanding. Industry experts say the fast-growing demand is a result of the pepper’s newly earned GI label, which attests to its quality ss='cambodia-color'>...
http://www.phnompenhpost.com/2013040164802/Business/kampot-pepper-in-demand.html
Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB
Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United states takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United states and Europe are the ss='cambodia-color'>...
http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm
Japan lends Cambodia 90 mln USD for road improvement project
Japan agreed Tuesday to provide a loan package of 90 million U.s. dollars to Cambodia for the improvement of a stretch of the national road No. 5 and two bypasses in northwestern provinces, according to a statement from Japanese Embassy to Cambodia. The statement said ss='cambodia-color'>...
http://search.news.cn/language/search.jspa?id=en&t=1&t1=0&ss=&ct=&n1=cambodia&x=-495&y=-54
Boeung Kak villagers, city officials talking titles
Local authorities met with Boeung Kak community members yesterday to register villagers left out of the oft-criticised resettlement scheme as a first step to providing them with titles and onsite housing. More than 10 officials including police, commune and village chief, as well as representatives of ss='cambodia-color'>...
Cambodia to stop HIV by 2020
During a presentation at the 2013 International AIDs society Conference on HIV Pathogenesis, Treatment and Prevention in Kuala Lumpur, Malaysia, Cambodia showed its new initiative called “Cambodia 3.0” which aims to eliminate new infections of HIV by 2020. Cambodia had one of the fastest growing HIV ss='cambodia-color'>...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=N2U3NjkyZDJiYTM
Anti-trafficking laws under-enforced: NGO
Rem Vannak remains in poor health after enduring about two years of 21-hour days working for no pay on a fishing boat in Fiji, where he was beaten when he complained. Lin Yu shin, who owns Giant Ocean – the company Vannak worked for that allegedly ss='cambodia-color'>...
http://www.phnompenhpost.com/2013070466659/National/anti-trafficking-laws-under-enforced-ngo.html
Going home to vote? Expect a hike in travel prices
Voters who travel to cast ballots in the upcoming poll sunday could face higher transportation fees as drivers and companies try to capitalise on heavier passenger volume. Phan Na, general manager at Phnom Penh sorya Transportation, which sells bus tickets to several provinces, said fees could ss='cambodia-color'>...
http://www.phnompenhpost.com/business/going-home-vote-expect-hike-travel-prices
Banong Families Close to Communal Land Titles
An indigenous ethnic Banong community in Mondolkiri province yesterday began the final stage in acquiring a communal land title, setting it up to become only the sixth community in the country to secure one of the coveted documents. Established by the 2001 Land Law, communal land ss='cambodia-color'>...
Tuk-Tuk Maker Eyes Cambodian Market
Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ss='cambodia-color'>...
http://www.phnompenhpost.com/2013032964775/Business/tuk-tuk-maker-eyes-cambodian-market.html
Korean tourist numbers hold steady despite regional fears
Despite current tensions between North and south Korea, Cambodia’s tourism minister said yesterday that the number of tourists from south Korea to the Kingdom had not dropped. [Minister of Tourism Thong] Khong said that so far there appears to be nothing to worry about. “There are ss='cambodia-color'>...
Salt Harvest Below Forecast
The Kep-Kompot Salt ProducerS Community SayS Salt production fell nearly 50 per cent below forecaStS becauSe of early rainfall, which iS aSSumed to end Salt harveSting for the year. Prime MiniSter Hun Sen, however, haS Stepped in to enSure that price remainS Stable. Hun Sen SS='cambodia-color'>...
http://www.phnompenhpost.com/2013041965112/Business/salt-harvest-below-forecast.html
Families Foresee Rocky Road Ahead
Fourteen Phnom Penh families claimed yesterday that government maps showing their houses in the path of a road-widening project were inaccurate and would condemn them to eviction without adequate compensation. Ek Malin, 57, a representative of the community on street 347 in Tuol Kork district’s Boeung ss='cambodia-color'>...
http://www.phnompenhpost.com/2013042665262/National/families-foresee-rocky-road-ahead.html
Huge Increase in MFI Loans, Deposits
More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ss='cambodia-color'>...
http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ss='cambodia-color'>...