Cambodia's Trade Grows By 15 Percent

Cambodia’s total trade volume grew 15.41 percent to reach$7.46 billion in the first seven months compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Revenues earned through exports reached $2.9 billion, an increase of 11.82 percent compared to ...

Fisheries Official Questioned Over Clearing Flooded Forest

A fisheries official accused of involvement in the clearing of an area of protected flooded forest in Kampong Thom province in July was questioned at the Phnom Penh Municipal Court yesterday. Korn Chanseiha, chief of the Fisheries Administration’s Stong district office, is one of about 20 officials ...

Lower Sesan 2's Power not worth a dam: NGO

While the humanitarian objections to Mondulkiri’s proposed Lower Sesan 2 hydropower dam project are well documented, a report from conservation NGO International Rivers yesterday highlighted an objection of another sort: the Lower Sesan wouldn’t be a very good location for a dam in the first ...

http://www.phnompenhpost.com/index.php/2012083158410/National-news/lower-sesan-2s-power-not-worth-a-dam-ngo.html

Disaster management officials prep for floods

The National Committee for Disaster Management was preparing to ensure end-of-season floods did not compound the woes caused by months of drought, officials said yesterday. To minimise the effects of flooding, the NCDM had sent a request to the Council of Ministers for 16,000 tonnes of food and ...

http://www.phnompenhpost.com/index.php/2012083058385/National-news/disaster-management-officials-prepare-for-floods.html

Cambodia to boost China rice exports

Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap. Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night, ...

http://www.phnompenhpost.com/index.php/2012083058375/Business/cambodia-to-boost-china-rice-exports.html

Ministry plans Xayaburi trip

Cambodia has been asked to send a delegation to the site of the proposed Xayaburi hydro-electric dam in northern Laos, Minister of Water Resources and Meteorology Lim Kean Hor said yesterday. Kean Hor, who is also chairman of Cambodia’s National Mekong Committee, said the equivalent body ...

http://www.phnompenhpost.com/index.php/2012083058390/National-news/government-to-inspect-xayaburi.html

Indonesia, Cambodia 'to sign rice pact'

Indonesia plans to sign an agreement to import rice from Cambodia if needed to supplement domestically produced supply, Iman Pambagyo, director general of international trade cooperation at the Trade Ministry, said on Tuesday. “The agreement will be similar with the ones Indonesia has with Thailand and ...

http://www.bangkokpost.com/breakingnews/309760/indonesia-cambodia-to-sign-rice-pact

Provincial Governor Seeks Hun Sen's Forgiveness

Kampong Thom’s provincial governor wrote to Prime Minister Hun Sen last month to apologize and explain why district and fisheries officials were involved in clearing an area of protected flooded forest, according to a copy of his letter obtained yesterday. In the July 9 letter, written ...

MRF looks at captive rubber plantation to cut raw material cost

Tyre manufacturer MRF Ltd was looking at acquiring rubber estates to meet the company’s long-term raw material requirements and to bring down costs, a top official said. “We are scouting for acquisitions of estates abroad to meet long-term rubber needs,” said Koshy Varghese, executive vice-president, marketing, ...

http://smartinvestor.business-standard.com/market/Compnews-130592-Compnewsdet-MRF_looks_at_captive_rubber_plantation_to_cut_raw_material_cost.htm

Chinese bank loans seek to aid rice millers

China’s Export-Import Bank officials proposed to provide loans of up to US$70 million for rice milling in an effort to aid Cambodia’s efforts to export a million tonnes of rice by 2015, government officials said yesterday. The bank’s officials visited Cambodia last week to met with Cambodian ...

http://www.phnompenhpost.com/index.php/2012082758282/Business/chinese-bank-pads-million-tonne-rice-goal.html

Felda Global buying more land, aims to emerge world leader in palm oil industry

Felda Global Ventures Holdings Bhd (FGVH), the world’s third largest palm oil company by hectarage, plans to buy 150,000 ha estate land over five years to realise its cherished vision to emerge as the world leader in the palm oil industry On FGVH’s cross-border expansion plans, ...

http://biz.thestar.com.my/news/story.asp?file=/2012/8/24/business/11904076&sec=business

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