ព័ត៌មាន
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
Southeast Asian Rice Exporters Eye Cartel to Boost Prices
Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. An alliance of Thailand, Vietnam, Cambodia, Laos and Myanmar will aim to share information and cooperate ...
Cambodia, Indonesia to Sign 100,000 Ton Rice Trade Deal in August
Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...
Men Sarun to export canned noodles to the US and ASEAN
The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...
Once thought full of potential, Cambodia's palm oil sector has mostly fizzled
At one time, palm oil production stirred a lot of excitement in Cambodia. Perhaps hoping to follow in the footsteps of palm oil giants Malaysia or Indonesia, more than 10 firms in Cambodia registered for land concessions for palm cultivation around a decade ago. Today, there is one left. The others decided palm ...
Cambodia Life takes long view approach
A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees. “Cambodia ...
http://www.phnompenhpost.com/index.php/2012062256944/Business/cambodia-life-takes-long-view.html
Regional health insider talks Cambodian medical care
A French doctor established International SOS between Jakarta and Singapore 27 years ago. The company conducted emergency airlifts for patients to Singapore due to the lack of quality health services available in Indonesia at the time. The French-owned company now has a presence in 74 countries ...
Country’s First Life Insurance Firm Enters Market
The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...
Kingdom, Indonesia said close to rice deal
Cambodia is close to a deal that would ship as much as 20,000 tonnes of milled rice to Indonesia, according to sources familiar with the matter. Thon Virak, director of state-owned rice exporter Green Trade and chairman of Federation of Milled Rice Exporters Association, said Green ...
Kingdom, Indonesia said close to rice deal
Cambodia is close to a deal that would ship as much as 20,000 tonnes of milled rice to Indonesia, according to sources familiar with the matter. Thon Virak, director of state-owned rice exporter Green Trade and chairman of Federation of Milled Rice Exporters Association, said Green ...
Lucky sells big stake to Asian retail giant
Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...
Spate of abuses continues
Nearly two dozen fishermen were repatriated to the Kingdom yesterday after being trafficked aboard Thai fishing boats where they endured forced labour and rampant abuse. The 11 men bring to 30 the number of fishermen repatriated from Malaysia and Indonesia this year. They were visibly shaken ...
http://www.phnompenhpost.com/index.php/2012030954949/National-news/spate-of-abuses-continues.html
Truck Accident Leaves 1 Garment Worker Dead, 30 Badly Injured
One garment worker was killed and 30 others seriously injured on Wednesday when the truck in which they were travelling crashed in Kandal province’s Ang Snuol district, a police official said yesterday. Free Trade Union (FTU) President Chea Mony said all 58 women were workers ...
Report Notes Major Increase in Migrant Workers Abused
The number of migrant workers abused by their foreign employers abroad more than doubled in 2011, rights group Adhoc announced yesterday before calling on the government to improve its efforts to protect both migrant and repatriated workers. “It’s a dangerous sign,” said Adhoc president Thun Saray ...
NGOs Urge Cambodia, Malaysia to Agree on Maid Protection
More than 60 Cambodian and international human rights groups and trade unions yesterday called on Cambodia and Malaysia to reach a bilateral agreement that would guarantee strong labor rights and working conditions for Cambodian maids employed in Malaysia. “The time is ripe for the Cambodian ...
Calls for re-evaluation of short-term workers
Almost 120,000 Cambodians who illegally crossed into neighbouring countries in search of work were repatriated during 2011, new figures from the Ministry of Interior have revealed, prompting a senior ministry official to call for a re-evaluation of how Cambodian workers are treated abroad. Chou Bun Eng, ...
More fishermen repatriated
Another 30 Cambodian men among 65 rescued in Indonesia after being trafficked into work on fishing boats in Thailand were repatriated to the Kingdom yesterday, following the return of 30 such workers last week. The remaining five workers are set to be repatriated next month, Chiv ...
http://www.phnompenhpost.com/index.php/2011121353326/National-news/more-fishermen-repatriated.html
Study says country unlikely to meet rice goal
Cambodia is unlikely to meet even half of its 2015 goal to export 1 million tons of milled rice unless export and production costs are greatly reduced and more private investment goes toward the agriculture sector, according to a new World Bank study obtained Monday. The ...
Cambodia, Singapore urge peaceful solution to South China Sea dispute
Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...
http://news.xinhuanet.com/english2010/china/2011-10/05/c_131175455.htm
Building Boom Causes Asian Sand Smugglers to Expand
Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand. In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...
ABF Freight Adds Offices in Asia
ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...
http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526
Competitiveness Improves
The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...
http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920
Most U.S. Firms Plan to Expand Business in SE Asia: Amcham
Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...
http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905
Gov’t to Watch Shipments From Bird Flu-Hit Countries
Manila–Incoming bird and poultry shipments from countries affected by the highly pathogenic avian influenza (HPAI) will be seized and destroyed given concerns of a resurgence, the government said. The Agriculture department last Friday announce heightened surveillance at all ports of entry as well as the ...