ព័ត៌មាន
Real Estate Market Showing Signs of Recovery
Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...
http://www.voacambodia.com/content/real-estate-market-showing-signs-of-recovery/1580588.html
Britain life insurer Prudential officially launches operations in Cambodia
The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial bank in Cambodia, also announced the establishment ...
http://news.xinhuanet.com/english/business/2013-01/09/c_132091413.htm
Cambodia prepares to conserve disappearing cyclos
Cambodia is preparing to conserve the capital’s disappearing cyclos or rickshaws, which used to be a popular means of transport during the French colonial rule about 80 years ago. Cyclo is a three-wheeled bicycle with the driver perched on high above the rear wheel, and the ...
http://news.xinhuanet.com/english/world/2013-01/09/c_132091143.htm
IMF Says Cambodia to Reach 7.5% Growth in Medium Term
The International Monetary Fund said it expects economic growth in Cambodia to reach its potential of 7.5 percent in the medium term. The Washington-based IMF forecast growth of 6.7 percent this year, up from an estimated 6.5 percent in 2012, in its annual assessment of the ...
http://www.bloomberg.com/news/2013-01-08/imf-says-cambodia-to-reach-7-5-growth-in-medium-term.html
China's Guangxi donates 100 tons milled rice to Cambodia
China’s Guangxi Zhuang Autonomous Region on Tuesday donated 100 tons of milled rice to Cambodia as humanitarian aid. Hun Sen expressed gratitude to China’s Guangxi, saying that Cambodia and China’s Guangxi have seen growing relations and cooperation in agriculture. He asked Zhang to encourage more ...
http://news.xinhuanet.com/english/china/2013-01/08/c_132089011.htm
Cambodia, China's Guangxi sign deal to cement agricultural cooperation
Cambodia and China’s Guangxi Zhuang Autonomous Region on Tuesday signed a Memorandum of Understanding (MoU) on strengthening bilateral communication and cooperation in agriculture. The deal was inked between Lord Reasmey, secretary-general of Cambodia’s Ministry of Agriculture, and Zhang Mingpei, director- general of Department of Agriculture of ...
http://news.xinhuanet.com/english/china/2013-01/08/c_132088306.htm
Xayaburi dam not on agenda
The Mekong River Commission (MRC) will forgo an opportunity to voice opposition to the Xayaburi dam project – which member state Laos began building in November – when it meets for its annual council meeting next week. Surasak Glahan, communications officer with the MRC secretariat, confirmed ...
http://www.phnompenhpost.com/2013010860670/National/xayaburi-dam-not-on-agenda.html
‘Guards are more than farmers in uniform’
Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...
http://www.phnompenhpost.com/2013010860663/Business/guards-are-more-than-farmers-in-uniform.html
Union sues Mfone director for violating labor law
Free Trade Union of Workers of Cambodia said Tuesday it had sued the director of Thailand’s Mfone Co Ltd for not respecting local labor laws. In a letter issued Tuesday to the Department of Labor Disputes, the union’s deputy secretary general Sam Srey Mom accused Mfone ...
Cambodia’s low wages lure manufacturers away from China, other countries
Inside a gleaming white-and-blue garment factory in Cambodia stand rows of second-hand Singers — weathered sewing machines transported from a plant in China that closed last year. The Hong Kong-headquartered Top Form, which has 700 workers at the plant, is one of many businesses that have ...
Fixed-line internet providers see growth
Despite the spread of web-enabled smartphones and tablets in Cambodia, internet service providers expected the number of fixed-line applications to grow, two industry insiders said yesterday. “With the advent of tablets and faster smartphones, it’s inevitable that people will use their devices more and more for ...
http://www.phnompenhpost.com/2013010760646/Business/fixed-line-internet-providers-see-growth.html
Kathmandu listed in Top10 places to visit in 2013
Worldwide renowned travel advisory website–the tripadvisor.com–has listed Nepali capital Kathmandu in its top 10 best places to visit in Asia. While Siem Reap of Cambodia topped the chart, China’s Beijing and Shanghai cities hold the respective second and third best places to travel in the ...
http://news.xinhuanet.com/english/travel/2013-01/07/c_132085140.htm
Banks give students some tips
The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students – the majority of them studying accounting and banking – to participate and find job opportunities in the ...
http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html
Wage hike forces Thai firms hire Cambodians
Thai factories have opted to hire Cambodian workers under a memorandum of understanding between Cambodia and Thailand after the Bt300 minimum wage policy came into effect for Thai workers across the country. A total of 154 Cambodians – 118 men and 36 women – with work ...
http://www.nationmultimedia.com/national/Firms-hire-Cambodian-workers-under-MoU-30197348.html
US Seeks Stronger Ties After Obama Visit
The United States is looking forward to making sure the US-Cambodian relations grow stronger after the visit of US President Barack Obama to Cambodia in November, according to US Embassy spokesman Sean McIntosh. In a recent interview with VOA Khmer, McIntosh said Obama has decided to ...
http://www.voacambodia.com/content/us-seeks-stronger-ties-after-obama-visit/1577161.html
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Cambodia wins awards
The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...
http://www.phnompenhpost.com/2013010360594/Real-Estate/cambodia-wins-awards.html
Cheng Keng becomes president of estate agents association
Cheng Kheng, director of the CPL real estate company, has been elected to be president of the Cambodian Valuers and Estate Agents Association in 2013, after Sung Bonna, director of the Bonna Realty Group, ended his 2012 term. ...
Vietnam raises minimum pay
A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...
Ha Tien Vegas Casino closes due to bankruptcy
Ha Tieng casino in Kampot province, Bordering with Vietnam was closed due to bankruptcy after there were no gamblers. According to the source, there were about 2 000 staffs laid off. Gamblers are Vietnamese but when Vietnamese government banned its people from going to gamble ...
Thai envoy vows to deepen ties with Cambodia in all fields
Newly-designated Thai ambassador to Cambodia Touchayoot Pakdi pledged on Wednesday to strengthen and deepen bilateral ties and cooperation with Cambodia in all fields for both sides’ mutual benefits. Speaking at a meeting with Cambodian deputy Prime Minister and Foreign Minister Hor Namhong, the ambassador asserted that ...
http://news.xinhuanet.com/english/world/2013-01/02/c_132076641.htm
Cambodia-Vietnam trade, investment see marked rises in 2012
Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...
http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm
Thai-Cambodian single visa to commence Thursday
Starting Thursday, tourists from 35 countries could enter Thailand and Cambodia with single visa as foreign ministers of the two countries agreed on Wednesday. Under the Acmecs single visa, tourists from Australia up to United States could apply entry visa at Thai or Cambodian embassies or ...
Single visa with Cambodia to be discussed
Foreign Minister Surapong Towichukchaikul and his Cambodian counterpart Hor Namhong will co-chair the meeting in Bangkok on Tuesday and Wednesday to discuss several issues, including the single-visa initiative. The idea of a joint visa for visitors to both Thailand and Cambodia has been mooted as a ...
http://www.nationmultimedia.com/politics/Single-visa-with-Cambodia-to-be-discussed-30196550.html