ព័ត៌មាន
Cambodia's export growth falls
Increased labour strife in the garment sector and slumping Western economies contributed to a slow-down in Cambodia’s exports during the first six months of the year, with total growth dropping by about 74 per cent year on year. Exports rose, to US$2.5 billion, up 12 per ...
http://www.phnompenhpost.com/index.php/2012072357550/Business/export-growth-falls.html
Cambodia's garment export reaches 2.1 bln USD in H1, up 9 pct
Cambodia had exported garment and textile products in equivalent to 2.1 billion U.S. dollars in the first six months of 2012, up 9 percent from 1.93 billion U.S. dollars in the same period last year, a report from the Commerce Ministry showed on Monday. ...
http://news.xinhuanet.com/english/business/2012-07/23/c_131732434.htm
Ford takes 20 per cent of new car market
Before the big dinner with Hillary Clinton, Prime Minister Hun Sen and the leaders of Thailand and Myanmar on July 13 in Siem Reap, Tom Whitcraft of RMA Group, which owns the Ford dealership in Cambodia, sat down for an interview. Whitcraft said Ford has about ...
US looks beyond garments to deepen Cambodia trade
The biggest US trade delegation to Cambodia in decades joined Secretary of State Hillary Clinton here as the two countries look to expand their economic relationship beyond exports of cheaply produced garments. “On the economic front, there is much more room for us to grow ...
http://www.bangkokpost.com/news/asia/303886/us-looks-beyond-garments-to-deepen-cambodia-trade
Thai media targets Kingdom
RSiam, the country-music business unit of RS Public Company Limited, a Thai entertainment company, is seeking partners in Cambodia and Laos, said RS executive vice president Soopachai Nillawan. RS owns a record label, produces programming for television, makes films, publishes magazines and promotes concerts. ...
http://www.phnompenhpost.com/index.php/2012072357548/Business/thai-media-targets-kingdom.html
Cambodian fishermen returned from Africa
Two Cambodian fishermen, trafficked into slave labour in South Africa in mid-2011, returned safely to Phnom Penh on Friday after being rescued by legal resource group the Community Legal Education Center. ...
Land Grab Claims Matched by Slander and Incitement Case
The Kompong Chhnang Provincial Court questioned four villagers among 12 summoned for questioning over a land dispute in Samakki Meanchey district, which has pitted some 80 local families against the owner of a private company they accuse of taking their land. While the dispute stems from alleged land grabbing, ...
Hor Namhong Rejects Blame For Failed Talks
Foreign Minister Hor Namhong on Friday put the blame for last week’s failure among Asean countries to release a joint communiqué on territorial disputes in the South China Sea firmly back on Vietnam and the Philippines. More than a week since discussions related to the territorial dispute between Asean’s members ...
Cambodia mulls over atomic energy power
Cambodia is mulling over a nuclear power option to feed its anemic energy sector, although private sector pundits called the rough plan a dream – a dangerous one at that. The government plans to use atomic energy in the future as oil, coal and biomass power ...
http://www.phnompenhpost.com/index.php/2012072057525/Business/cambodia-mulls-atomic-power.html
Gas Imports Grow to Nearly 1M Tons This Year
Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...
Local microfinance institute invests in new ATM network
Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also ...
http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html
City Starts Building Road Near Boeng Kak Lake
The Phnom Penh Municipality has begun construction work on a road skirting the area formerly taken up by the Boeng Kak lake, according to a statement posted on the city’s website. On Monday, the municipality held an inauguration ceremony for construction of a 615-meter concrete road ...
Police Arrest Six Villagers Accused of Fraud
Police in Battambang arrested six villagers embroiled in a land dispute with a local businessman on Wednesday after 10 other villagers accused them of defrauding families in the area, deputy provincial governor Uy Ry said yesterday. However, villagers and rights workers in Kors Kralor district said ...
For Health Care, Cambodians Choose Vietnam
“I trust the Cambodian doctors with a simple problem. But if it’s a serious illness, and I need an operation or something, I don’t really trust them,” said Ly Molina, 31, a businesswoman from Phnom Penh. Ms. Molina spoke as she waited for a bus to ...
Locked-up villagers set off protests
More than 100 villagers protested in front of Banan district hall in Battambang province yesterday, demanding the release of six villagers who were arrested on Wednesday for allegedly accepting money to illegally divide state land. The six suspects have been accused of advertising land and then ...
Villagers fight for forest despite warning
Villagers from Svay Rieng province’s Krasaing commune have vowed to continue their protests to preserve a patch of community forest earmarked for clearing, despite receiving an official warning yesterday. Residents said it would affect over 2,700 people. ...
World Bank raps dam study firm
The World Bank has blacklisted an arm of the company that carried out a much-criticised study into the Xayaburi hydro dam project, it has confirmed. According to the bank’s website, Pöyry Management Consulting Oy Finland has been banned from conducting business with the bank for three ...
Micro-Lender To Roll Out ATM Service
Hattha Kaksekar Limited, one of the country’s largest microfinance institutions (MFIs), is in talks to become a commercial bank by 2014, an official at the micro-lender said yesterday. The move, if successful, will be in line with the Central Bank’s policy to support MFIs in diversifying ...
In 6 Months, 26 Shot Dead on Border While Illegally Logging
In the first six months of the year, 26 Cambodians have been shot dead by the Thai military while illegally logging along the border, nearly double the number killed in all of 2011. “According to the Cambodian-Thai Relations Bureau documents for the semester, there were 26 ...
Factory workers hold out for more
Little more than a week after garment workers were granted a US$10 monthly increase in allowances and bonuses, thousands of workers at a number of factories joined strikes with a clear message yesterday: they need more. Workers rallied outside factory gates and some marched to the ...
http://www.phnompenhpost.com/index.php/2012072057529/National-news/workers-hold-out-for-more.html
Fewer Cambodians Cross Poipet to Work in Thailand
The number of Cambodian workers passing through Poipet international checkpoint to work in Thailand decreased by 10 percent during the first six months of the year compared to 2011, an immigration police officer said yesterday. Leak Romnea, chief of administration of Banteay Meanchey province’s Poipet immigration ...
Tractor Imports From Thailand Decline
The number of agricultural tractors and power-trailers imported to Cambodia through the Poipet International Checkpoint in Banteay Meanchey province has decreased by 72 percent in the first six months of the year, compared to the same period last year, the provincial commerce department said. Thong Thyna, ...
ASEAN Post Ministerial Conference Focuses On Mutual Benefits
The ASEAN Post Ministerial Conference (PMC) 10 + 1 Session with 10 ASEAN’s Dialogue Partners, namely, Australia, Canada, China, the European Union (EU), India, Japan, New Zealand, the Republic of Korea, the Russian Federation, and the United States of America were held in Phnom Penh, Cambodia, on 11 July 2012. They focused on cooperation ...
Police seize luxury wood in house raid
About 2,000 kilograms of Kran-houng luxury timber worth tens of thousands of dollars and a Toyota Camry car were seized by authorities in Oddar Meanchey province’s Anlong Veng district on Wednesday, military police said yesterday. ...