News
Two Mass Faintings in Three Days at Factory
Almost 200 workers received medical treatment yesterday following yet another mass fainting at the M&V International Manufacturing Ltd garment factory in Kompong Chhnang province. The International Labor Organization said that the factory was a supplier to the Swedish clothing brand H&M and that it was ...
Phok Dorn, P. 31
https://opendevelopmentcambodia.net/wp-content/uploads/sites/2/2017/08/26-August-2011-page-001.jpg
Government Awards Land Reform Organizations
Representatives from German, Finnish and Canadian development agencies were awarded honorary medals by Minister of Land Management Im Chhun Lim on Wednesday for their work in the country’s land sector. The awards ceremony comes just weeks after it emerged that the World Bank had frozen ...
Progress Toward Rural Sanitation Goal Slow
Cambodia’s progress has been slow toward achieving the UN Millennium Development Goal of increasing rural access to sanitation to 30 percent by 2015, up from 8.6 percent in 1996, the World Bank said in a report released Wednesday. The World Bank report said that rural ...
City Officials Talk Trash With New Campaign
Phnom Penh municipality is set to launch a campaign today at Daun Penh district’s Kandal market aimed at educating residents about disposing their garbage correctly in an effort to reduce flooding in the area. The campaign comes after the area experience several bouts of severe ...
National Carrier to Start Siem Reap-S’ville Flights
Cambodia Angkor Air will launch a regular flight service between Siem Reap and Sihanoukville by the end of the year, an official at the Council of Ministers said yesterday. There are currently no flights to Sihanoukville, the country’s premier coastal resort, even though the airport ...
Donors Mum On Aid Forum Postponement
Cambodia’s foreign donors are staying largely mum about the government’s decision to indefinitely high-level aid meeting, though one donor conceded that the move had caught it off guard. Economists also said yesterday that a delay in holding the donor meeting would have little effect, but ...
Vietnamese Goods on Sale in Cambodia
The second Cambodia-Vietnam Trade and Investment Fair opened in Kampot, Cambodia on August 24. The fair has attracted more than 50 Vietnamese and Cambodian businesses to display their high quality products, such as garment, footwear, food, chemicals, electronics, plastics and handicraft products. The aim is to help ...
http://vietnambusiness.asia/vietnamese-goods-on-sale-in-cambodia/
Thai Rice Policy: Wait and See
Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...
1.3 Million Visitors Arrive in First Semester for 2011
About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...
Economic Census 2011 Found About Half Million Establishments
About half a million establishments in Cambodia as of March 1, 2011 released the preliminary results of the Economic Census of Cambodia (EC 2011) released by H.E. Chay Than on August 8th in Phnom Penh. The final results of EC 2011 will be released in ...
Taxes set to reduce transactions
The pending property tax could lead to declining residential property transactions in the Kingdom as residents fear rising house prices. Although the property sector is currently stable after the country’s recovery from the financial crisis, it is expected to stall once the prakas is implemented, VMC ...
Maruhan inks a deal with microfinance firm
Mahuran Japan Bank and the Seilanithih Microfinance Institution have signed an agreement to work together, according to a statement yesterday. Maruhan general manager Onishi Shizuo said the agreement would benefit both parties. “By joining forces with us, Seilanithih will be able to expand the size of ...
Strong Rains Hasten Rice Planting Across Country
Good rains have boosted rice cultivation across the country, and nearly 90 percent of farmers have completed planting their paddies, although planting in Svay Rieng province is lagging due to drought, and agriculture official said yesterday. Chan Heng, administration bureau chief of the Agriculture Ministry’s administration ...
CDC approvals rise by 247pc, January to July
The Council for the Development of Cambodia (CDC) approved 75 investment projects worth US$5.5 billion between January and July, according to council statistics. This growth represents a 247 per cent, year-on-year increase in the value of approved investment projects, 60 of which were in the industrial ...
Agreement Inked on Trade Loans in Cambodia
The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...
Chasing China’s rice import potential
China National Cereal, Oil and Foodstuffs Corporation (COFCO) is the latest mainland Chinese company to sign a deal to export Cambodian rice. COFCO is one of a number of Chinese companies that have signed similar deals with their Cambodian counterparts, but direct rice exports to China ...
Cambodia Accountancy Toward Global Standard
The National Accounting Council, the Kampuchea Institution of Certified Public Accountants and Auditors and Association of Chartered Certified Accountants (ACCA), co-organized to launch a National Conference on “Accountancy in Cambodia-Towards Global Standards” on August 12th in Phnom Penh to reflect what is being implemented in ...
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
China, Cambodia Ink 29 Agreements for Economic and Trade Ties
The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...
New Private Hospital to Employ 208 Cambodians
A new high-end private hospital in Phnom Penh, a collaboration between Cambodia’s Sokimex and Ho Chi Minh City’s well-known Cho-Ray Hospital, is set to hire 280 Cambodian health care workers in the next year, according to a Sunday satatement posted on the City Hall website. ...
Talks Urged for Disputed Oil Zone
Energy planners are pushing the revival of talks with Cambodia on the oil-rich overlapping claims area (OCA) between the two countries to ensure energy security. They also urge all parties not to turn it into a political issue so that the talks stand a chance ...
http://www.bangkokpost.com/business/economics/253345/talks-urged-for-disputed-oil-zone
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm
Exports Increase 45.9% in First Six Months
Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...
Sanya Motorcycles Officially Enter Cambodian Market
PHNOM PENH– The China-made Sanya-branded motorcycles have officially entered Cambodian market on Wednesday to compete in the country’s crowded motorcycle market. Pan Sorasak, Secretary of State for the Ministry of Commerce, expressed congratulations to the SCI Company Limited for being selected to be the exclusive distributor ...
http://www.chinadaily.com.cn/bizchina/2011-08/24/content_13181497.htm