Cambodia, Colombia ink deal for political consultation mechanism
Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...
http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm
Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct
Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...
MFI Increases Loans as Economy Grows
As rising economic growth spurred demand for personal loans, Prasac, Cambodia’s biggest microfinance institution (MFI), provided $106 million in loans between March, 2012 and March, 2013, an increase of 66 per cent compared with the corresponding period a year earlier. “Loans [were] mainly used for service ...
http://www.phnompenhpost.com/2013041965111/Business/mfi-increases-loans-as-economy-grows.html
More Workers stopped From Entering Thailand
Police at border checkpoints have in the past weeks stopped more than 2,200 people in Banteay Meanchey province from crossing into Thailand to look for better paid work, officials said yesterday. The focus on Cambodian workers migrating to Thailand-many illegally-comes amid a shortage of labor at ...
CNRP Lawmaker Visits Controversial Plantation
Opposition lawmaker Son Chhay said yesterday that he would ask the government to cancel the land concession of a Vietnamese rubber firm in Ratanakkiri province he accused of logging and exporting wood illegally. Mr. Chay, a candidate in July’s national election for the Cambodia National Rescue ...
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
Protesters Mix Petitions, Black Magic to Get Land
Sporting red bandanas and armed with the accoutrements of Khmer black magic, several hundred demonstrators representing embattled communities throughout the country held noisy protests outside several government offices yesterday, where they placed curses on corrupt officials and submitted written petitions demanding justice. Unlike previous protests that ...
http://www.cambodiadaily.com/news/protesters-mix-petitions-black-magic-to-get-land-30761/
Kirilo Hydro station goes online
The Kirilo No.3 Hydro-power Station, located in the KOH Kong Province of Cambodia, was recently put into operation. The ribbon cutting ceremony of the Project was held on February 23, 2013 in the power station area. The Project was investigated and designed by HYDROCHINA Mid-South ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YmJiM2Y0ZTAwZWQ
Japanese Mizuho Bank looks into Cambodian financial sector
Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...
http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.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
Cambodia attracts over 2 mln foreign tourists in first half
Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed Saturday. Tourism is one of the sectors supporting the ...
http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm
Thousands expected to visit Kep sea festival
At least 20,000 tourists and travellers will participate in the so-called “sea festival” at the end of this year, officials at the Kep province tourism department said. The two-day event, which started in 2011 as a tourism booster for the country’s coasts and beaches, was cancelled ...
http://www.phnompenhpost.com/business/thousands-expected-visit-kep-sea-festival
MFone workers told to wait
Former employees of the failed telecommunications company MFone have been told they can expect a decision next month on their claims for more than $4 million in compensation. Former Mfone section manager Bou Kunthea said after a meeting yesterday with offic-ials from the Ministry of Social ...
http://www.phnompenhpost.com/2013032062036/Business/mfone-workers-told-to-wait.html
Cambodia Ups Minimum Wages for Workers
The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...
http://www.rfa.org/english/news/cambodia/wages-03212013185628.html
Cambodia's rice export up 148 pct in Q1
Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...
http://www.asean-china-center.org/english/2013-04/07/c_132290214.htm
Ratanakkiri Clean Water Facility to Open in May
Ratanakkirri province’s first privately owned water treatment facility will begin to supply clean drinking water to thousands of households in Banlung City on May 1, but residents will have to pay a premium for its use, officials said yesterday. The $1.7 million facility being built ...
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/
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
Youth Representatives Debate Party Policies
PHNOM PENH – Youth representatives from six political parties running in the upcoming elections joined an International Republican Institute-organized debate over the weekend to show their respective parties’ policies. The candidates came from Funcinpec, the Cambodian Nationality Party, the League for Democracy Party, the Anti-Poverty Party, ...
Voice of America
http://www.voacambodia.com/content/youth-represenatives-debate-party-policies/1708776.html
Cambodia's trade with U.S. up 2% in first half of 2013
Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...
http://news.xinhuanet.com/english/business/2013-08/07/c_132610051.htm