ព័ត៌មាន
Cambodia, China Ink Seven Agreements
Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...
Trend of using phone and internet
In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. And internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...
Downward Drift - The Week at the CSX
This week the price of Phnom Penh Water Supply Authority Stock dropped continually from KHR 7,000 (US$1.72) on June 7 until it stopped and stayed at KHR 6,8oo (US$1.67) from June 11 to June 13. On June 13, the stock’s price at the market’s opening and ...
Released Protester Urges for Release of the Boeng Kak 13
Sao Saroeun, a Phnom Penh resident arrested last month for demonstrating against CPP Senator Lao Meng Khin’s Boeng Kak real estate project and released on bail last week, urged the courts to release 13 women still being detained at Prey Sar prison yesterday. The 13 women were ...
Rice Farmers Struggle Despite Production Growth
High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...
Villagers Protest High Electricity Charges
About 200 people from Siem Reap’s Angkor Chum district protested outside the district governor’s office on Friday, calling for private electricity company Duong Narin to lower its prices and asking the state electricity authority to connect to their area, protesters said yesterday. The residents of ...
Boeung Kak duo's release sparks hope
One of the two Boeung Kak lake residents released on bail from Prey Sar prison on Friday is prepared to be a witness in the appeal trial of the 13 women convicted and sent to jail last month – but only if he is invited ...
Cambodia to cede two villages to Vietnam
Cambodia would have to give two villages to Vietnam if it wanted to retain another two deemed the territory of the Kingdom’s eastern neighbour by the former French Indochina colonial administration, a government minister said yesterday. Last year, the Cambodian government announced it was speeding up ...
Cambodia Plans To Be Gem And Jewelry Market Supply In Southeast Asia
Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...
CIMB aiming to be top 10 in Cambodia
CIMB Bank plc, which aims to be among the top 10 banks in Cambodia over the next five years, is targeting more than US$100mil (RM317mil ) in deposits and US$90mil (RM285mil) in total loan size by year-end. Its deputy general manager and head of commercial banking ...
http://thestar.com.my/news/story.asp?file=/2012/6/18/business/11474729&sec=
Sweet deal
Stevia Nutra Corporation, a Canadian agro-business company, has announced its decision to grow stevia in Cambodia’s Kampong Speu province. The company will grow the plant, whose leaves are used as a sweetener or sugar substitute, on just over 20 hectares of land close to Phnom Penh. Stevia Nutra has incorporated Mighty MekongAgro Industries Co. Ltd, ...
Cambodian rail delays, cost blowouts: leaked report
Australia’s Fairfax media has obtained a leaked official report into a troubled and controversial Cambodian rail project being funded by AusAID and the Asian Development Bank. The report outlines poor construction, botched surveys leading to the evictions of families ...
A winning wager
Near the river in Phnom Penh and next to Diamond Island, there’s a huge, bunker-like building that is almost always a beehive of activity. Inside, there are people enjoying an evening concert or strolling around studying the decor, including large stone faces of the Buddha. Others, however, are occupied with more mundane matters-placing ...
Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...
Cathay United Bank Plans To Buy Stake In Cambodia Counterpart
Cathay United Bank, the banking arm of Cathay Financial Holding Co., has agreed to acquire a 70 percent stake in a Cambodia bank, the financial holding company said Thursday. With the acquisition, Cathay United Bank will become the largest shareholder in Singapore Banking Corp. Ltd. (SBC Bank), while the original Singaporean investors will retain the remaining ...
Boeung Kak 13 Vow To Continue Demonstrations
Thirteen Boeung Kak protesters released from jail Wednesday say they will continue their demonstrations until they obtain more land on a real estate development in the capital. Representatives wasted no time in meeting after their release from prison following a decision by the Appeals Court Wednesday. “The ...
The promise of pork
While the Kingdom’s biggest industrial pig farming company is seeing steady growth as the nation’s population and hunger for pork grows, small pig farmers are having a hard time of it in the face of fluctuating prices and lower cost imports from Thailand, according to experts and insiders who came to a recent ...
Poisonous produce
More than 200 people in Cambodia’s eastern Svay Rieng province were hospitalized after eating imported vegetables from Vietnam that were not properly washed or cooked, the French-based Pasteur Institute of Cambodia has confirmed after running tests. The case has highlighted an already acknowledged need for more domestic vegetable production and less dependency on imported produce. The ...
Less Power for Cambodian Women, Report Says
Cambodian women have fewer opportunities than men, and less access to economic and political positions of power, a World Bank report says. Women in Cambodiado have more economic access and business ownership than in some Western countries, but they have less power in family ...
http://www.voanews.com/khmer-english/news/Less-Power-for-Cambodian-Women-Report-Says-159439985.html
Thailand, Cambodia launch direct bus services linking Bangkok, Phnom Penh
Poipet – Thailand and Cambodia on Thursday launched direct bus services linking Bangkok and Phnom Penh via the Aranyaprathet-Poipet border crossing, aiming to cut transportation costs, MOCT reported on June 15. Transport Minister Jarupong Ruangsuwan and Cambodian Public Works and Transport Minister Tram Iv Tek and representatives of the Asian Development Bank (ADB) co-presided at the ...
Cambodia Nothing To Fear From Openness And Competitions: Trade Minister
Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...
Cambodia reports trade deficit of $1.1 b in first 5 months
Cambodia recorded a trade deficit in equivalent to 1.1 billion US dollars in the first five months of this year, according to a report of the Commerce Ministry on Saturday. During January-May period this year, the report showed that the country’s total import and export value ...
Tourism for fourth months of 2012
Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...
Gov't Denies Flouting Ban on Concessions
The government on Friday denied it had violated a moratorium on granting new land concessions when Prime Minister Hun Sen signed off on more than 20,000 hectares of land to three rubber companies 11 days after the ban was announced on May 7. According to documents ...