CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
Exports to Korea jump 80pc
Cambodia’s first-quarter exports to South Korea soared nearly 80 per cent year-on-year, driven mostly by garments and agriculture products, but imports still accounted for most of the trade between the two countries. Total exports to South Korea jumped to US$30 million for the first three months of ...
http://www.phnompenhpost.com/index.php/2012051056080/Business/exports-to-korea-jump-80pc.html
Koh Pich to host ASEAN dinner
The new function building at Diamond Island known as Koh Pich City Hall will host the ASEAN Foreign Minister’s dinner on July 12. Completed in March and opened last month, construction of the lavishly furnished venue was timed to coincide with Cambodia’s chairmanship of ASEAN this ...
http://www.phnompenhpost.com/index.php/2012053156497/Business/koh-pich-to-host-asean-dinner.html
Job Seekers Flock to Weekend Career Forum
Employers and job seekers traded resumes for business cards by the thousands yesterday in Phnom Penh for the final day of the weekend-long 8th annual Career Forum on Koh Pich. A total of around 15,000 people attended the forum sponsored by the French Chamber of Commerce, ...
Over 300 Cambodian protesters demand Laos to halt construction of Xayaburi dam
Over 300 Buddhist monks and Cambodian residents who live along Mekong River in Kampong Cham province, about 120km from Phnom Penh, gathered in the provincial town to demand for Laos to halt the construction of Xayaburi dam. “We want the Lao government to stop the construction of Xayaburi dam because it will affect the ...
National Road 3 prices flat
The sale and purchase of land along National Road 3 is increasing in volume but land prices are not increasing significantly despite the road being completed, and despite the many industrial zones along it. Based on his company’s research in the second quarter of this year, ...
http://www.phnompenhpost.com/index.php/Real-Estate/national-road-3-prices-flat.html
Government offshore oil block deadline passes
LAST week marked the arrival and passing of 12/12/12, the Cambodian government’s original date for the commencement of oil extraction from the Block A oilfields in the Gulf of Thailand, with no activity on the site. Chevron currently holds a 30 per cent interest in the ...
Qatar Airways to Cambodia
Qatar Airways will add a stop in Phnom Penh on it [sic] Doha-Ho Chi Minh City route, 20 February, while Air France announced it will pull its Phnom Penh service in March. Qatar Airways will operate a daily service between Doha-Phnom Penh via Ho Chi Minh ...
http://www.ttrweekly.com/site/2012/12/qatar-airways-to-cambodia/
Cambodia's listed water supplier records revenue up 25 pct last year
The listed Phnom Penh Water Supply Authority (PPWSA) earned total revenues of 36.9 million U.S. dollars in 2012, up 25 percent year-on-year, according to the firm’s unaudited financial statement on Wednesday. The report said that the firm’s net income after tax was 8.56 million U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/20/c_132181099.htm
General concern over settlement
A nearly year-long land dispute in Oddar Meanchey has been resolved for most parties involved by the intervention of two RCAF generals, but critics contend the more than 2,400 hectare-giveaway is a ploy to influence upcoming elections. Generals Kun Kim and Chea Tara yesterday granted 1.5 ...
Government Creates 4 New Fishing Conservation Areas
In an effort to increase fish stocks, the Ministry of Agriculture on Wednesday adopted a sub-decree to create four conservation areas in Kandal, Kompong Cham, Prey Veng and Takeo provinces where all fishing activities will be prohibited. Signed by Prime Minister Hun Sen on April 6, ...
Officials named after blocking volunteers
Authorities in Stung Treng province have released the names of five government officials whom they arrested on Tuesday in Samki commune for interfering with a corps of youth volunteers sent to measure land as part of the prime minister’s national initiative to grant property to ...
Ministry fires back over EU resolution
A week after the European Parliament issued a damning resolution on Cambodia’s human-rights situation and called for a revoking of trade privileges, the Ministry of Foreign Affairs has shot back. “It is essential for the EU parliament to study and better understand the situation before passing ...
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj
Jarai Call for Vietnamese Rubber Companies to Cease Logging
Representatives of an ethnic Jarai community in Ratanakkiri province’s O’Yadaw district, along with local human rights group Adhoc, have called on two Vietnamese rubber companies to cease the clearing of forests on their ancestral land and exporting the logs to Vietnam. The companies, Day Dong Yoeun ...
NGOs call for discussion of Xayaburi dam at meet
A coalition of NGOs has called on Cambodia’s National Mekong Committee (CNMC) to push for the Xayaburi dam to be added to the agenda of a regional Mekong River meeting next week. Chhith Sam Ath, executive director of NGO Forum on Cambodia, said it was disappointing ...
http://www.phnompenhpost.com/National/ngos-call-for-discussion-of-xayaburi-dam-at-meet.html
Shipments of cargo increase by 7.3 per cent
Cargo shipments through Sihanoukville’s Deep Sea Port increased more than seven per cent year-on-year in 2012. Port officials say this growth is a result of Cambodia’s economic performance and an improving global economy. “It is a fast rate of growth compared with previous years. We had ...
http://www.phnompenhpost.com/2013011660801/Business/shipments-of-cargo-increase-by-7-3-per-cent.html
CNRP Rallies Garment Workers With Promises of Change
Speaking to hundreds of garment workers yesterday in Phnom Penh, Kem Sokha, deputy president of the Cambodia National Rescue Party (CNRP), appealed to those in attendance to vote for the newly formed opposition party, promising higher wages, social security and free access to schools and ...
Cashew nut harvest likely to decline
As the end of this year’s cashew harvest nears, the yield in two major producing provinces has fallen compared with last year, officials and farmers said, while traders said that the price of the nuts had also dropped since last year. In Kompong Cham province, this ...
Hun Sen Calls on G-8 to Stabilize Food Prices
Going back on an earlier promise not to make any more public speeches before next month’s commune elections, Prime Minister Hun Sen gave the opening address at a two-day conference on food security and nutrition in Phnom Penh yesterday. At the event, organized by the Council ...