ព័ត៌មាន
Rail freight services begin
Railway freight services between Phnom Penh and Touk Meas commune, in Kampot province’s Banteay Meas district, the location of a Siam Cement factory about 40 kilometres north of Kampot town, began yesterday, finally putting the Toll Royal Railways concession on an earning basis. According to Toll Royal Railways ...
Rail Operator Restarts Train Services to Kampot
Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...
Thai Press Gives Conflicting Reports on Chams
Thai media reports yesterday offered conflicting information on whether members of Cambodia’s Cham community were joining a long-running Muslim insurgency in Thailand’s southern provinces. According to the [Bangkok] Post, General Prayuth said most of the Cambodian Muslims were traveling on to other countries in search ...
UN: invest in women
Cambodia needed to invest in women to aid its development and integration into the ASEAN economic community, United Nations Under Secretary-General Noeleen Heyzer said yesterday. Heyzer, executive secretary of the Economic and Social Commission for Asia and the Pacific(ESCAP), met with Minister of Women’s Affairs Ing Kantha ...
http://www.phnompenhpost.com/index.php/2012082358228/Business/un-invest-in-cambodian-women.html
Japanese Bank to Sign Agreement With Acleda
One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...
Cambodia’s trade with Malaysia grows sharply
Cambodia’s trade with Malaysia grows sharply in 1st 4 months of Y 2011 The bi-lateral trade between Cambodia and Malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday. From January to ...
http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...
http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm
Five ink deal to form rice cartel
Five Asean rice-producing countries are joining forces to form a regional alliance with the ambitious goal to boost rice prices by 10% annually. Trade ministers from Thailand, Vietnam, Cambodia, Myanmar and Laos are scheduled to sign the agreement later this year to establish the Asean Rice ...
http://www.bangkokpost.com/business/economics/308931/five-ink-deal-to-form-rice-cartel
Cambodian farmers plant rice in a paddy field in Kampong Speu province
Cambodian farmers plant rice in a paddy field in Kampong Speu province August 21, 2012. A drought has hit Cambodia during its rainy season destroying more than 100,000 hectares of crops across the country, a government spokesman told Reuters on Tuesday. According to National Committee ...
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back
Firms Go to Arbitration Over Failed Gold Mining License Deal
Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...
Railway Family Payouts Could Be Increased
The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...
Bank Would Back Firm to Take Over Rail Project
The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway operator if it means the new concessionaire would foot the $60 to $100 million needed ...
Preah Vihear land primed for plantation concessions
The government has reclassified 23,182 hectares of state land in Preah Vihear province for private development by three agro-industry firms, paving the way for them to secure economic land concessions (ELCs). Reclassification of state public land to state private land is a key step toward establishing ...
Wild lobster stocks replenished
Seven million young lobsters had been released into Cambodia’s rivers and Tonle Sap Lake this year in an effort to build the nation’s fish and shellfish stocks, officials said yesterday. Nao Thouk, general director of the Fisheries Administration at the Ministry of Agriculture, Forestry and Fisheries said, about ...
Drought Affecting 145,000 Hectares of Paddy
A lack of rain across the country is affecting more than 145,000 hectares of rice paddy and parts of the nation’s crop have already been completely destroyed, according to data released yesterday by the Ministry of Agriculture. Hem Sophal, director of the statistics department at the ...
CEDAC plus honey makes for a sweet deal
Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for Study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ...
Long Haul for Illegal Wood Seized on River
Forestry Administration officers said yesterday they were still struggling to remove a large cache of illegally harvested wood they seized along the Stung Chinit River in Kampong Thom province a week ago. Heng Kamich, head of the Forestry Administration in Santuk district, said the officers seized ...
Kratie vendors protest pricey relocation site
In an effort to improve Kratie town’s aesthetics, authorities have ordered about 300 shop owners on central roads and along the river bank to relocate their operations or face physical removal. Vendors were given until today to move to a location about a kilometre away, but ...
More Maids head home
In the space of only about two months, the Cambodian embassy in Malaysia had helped eight Cambodian maids whose employers abused them, the government said yesterday. “The maids have been mistreated by their employers and some have finished their contracts and want to come back home,” Ministry ...
National TV to Air Chinese-State Programs
Cambodia’s national television station TVK, is this week devoting 20 minutes per night of its schedule to shows produced by the state-run provincial Chinese broadcaster, according to the station’s chief. “The 2012 TVK-China Guangxi TV Showcase Week will show the Cambodian public about tradition, friendship, ...
'Harassed' workers stick to their guns
Ocean Garment yesterday refused to meet the sole demand of thousands of striking workers to have their manager, accused of sexual harassment, sacked. An inter-governmental ministerial committee met with union and employer representatives, but Bangladeshi-owned Ocean Garment – which supplies retail titan Gap – refused to ...
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...
Garment Workers Go to Court Against Manager
Worker from the Ocean Garment factory in Phnom Penh’s Pur Senchey district said they will file a complaint with the Phnom Penh Municipal Court today accusing a manager at the factory of sexual harassment, violence and verbally abusing female workers, union officials and garment workers ...