The Cambodia Herald

World Bank upgrades Cambodia's growth forecast for this year

The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR

New stadium to be constructed

Cambodia will start the construction of a new and more modern stadium on Friday, an official said. Prime Minister Hun Sen will preside over the groundbreaking ceremony for the stadium’s construction, covering 83 hectares of land in the commune of Bak Kheng, in the Russey Keo ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NjExZTRjYzQ0ZTA

Cambodia-France discuss tram system project

Foreign Minister Hor Namhong met with Serge Mostura, French Ambassador to Cambodia, to discuss a tram system project to benefit the residents of Phnom Penh, an official said Monday. Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said, the two sides discussed ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&title=cambodia&token=YmZhZWE5YzkyNWJ

1,000 days to go on Millennium Development Goals

April 5th marks the starting date for the United Nations Development Program (UNDP) and its partners in Cambodia in observing the milestone of 1,000 days to the end of 2015 which is the target date for achieving the Millennium Development Goals (MDGs). “The MDGs ...

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Work begins on new friendship bridge to Cambodia

Construction began yesterday on a bridge crossing an upstream section of the Vam Co Dong River that borders Cambodia. The US $2.2-million friendship bridge will link the southern province of Tay Ninh with Cambodia’s Prey Veng Province at the Tan Nam – Mean Chay border gate ...

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Hun Sen wants more Australian investors

The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...

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Wages will increase following economic growth

Hun Sen said salaries for civil servants and garment workers will increase yearly coinciding with the growth in the economy. Speaking at a graduation ceremony for the Royal University of Phnom Penh (RUPP) at the Koh Pich center on Tuesday, he said during the general assembly ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=Y2MzZjI4MzI3MzI

Labor committee announces minimum wage

The Labor Advisory Committee issued a joint statement on the decision to raise wages from $61 to $80 per month for garment and footwear workers. The statement was announced Friday, after a meeting between factory employers, union leaders and Labor Minister, Vong Soth. The wage provision ...

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Direct flights from Ha Noi to Cambodia

Travelers bound for Cambodia can now take direct flights from Ha Noi to both Phnom Penh and Siem Reap via new routes launched by Cambodia Angkor Air. Along with the official opening of a representative office in Ha Noi late last month, Angkor Air ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDEzMWUxZmJiOTh

ADB praises Cambodia for public debt management

Eric Sidgwick, Country director of the Asian Development Bank (ADB) to Cambodia applauded Cambodia for managing it’s, sometimes problematic, public debts. During the Wednesday meeting with Deputy Prime Minister, Sok An, Eric Sidgwick said, good management led to the positive changes of donations and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDQ1NmJhNTk1M2V

Illegal rosewood seized at border

Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2M4YzlhNzA2NmY

Hun Sen, minimum wage discussions not final

The Prime Minister said Tuesday there will be another discussion about the increase of minimum wages for factory workers. Speaking at an inauguration ceremony for the Toul Sophy Secondary School in the district of Ou Rang Ov, he said around 500,000 to 600,000 people are working ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjQzMzNlNjE0NmE

Koh Thom Bridge construction launched

A ground breaking ceremony of the $19.39 million, Koh Thom Bridge, has been launched Monday. The 407 meter bridge will be built over the, Tonle Bassac River, linking National Road 110 in the village of Prek Thmey, Chroy Takeo commune and National Road 21 in ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjY1MTY0ZWI3ZjE

$10 mln to protect ecosystems in Southeast Asia

The Critical Ecosystem Partnership Fund has committed to provide another $10 mln U.S. in grants to address the environmental crisis engulfing mainland Southeast Asia. The ground-breaking biodiversity fund was launched in 2008. During the first phase, $10 mln was invested in efforts to conserve the critical ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmM3ZDQzYjBiMmV

Cambodia: Visits on the rise

Cambodia is rapidly attracting more and more visitors from tourists to businessmen. Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported. So far,the country has welcomed 404,106 visitors compared to 350,257 during the same ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MmQ1MmMyNTUzMjJ

Hun Sen: No to industry along coast

Hun Sen asked authorities to maintain the pristine beaches along coastal provinces by not allowing any industrial factories to be constructed on or near them. The comment was aimed towards an agreement signed by Cambodian and Chinese companies late last month to build a $2.3 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmQ1NGIxODRiYTk

Wage talk goes no where

Union leaders asked garment workers to go on strike and demand the $100/month wage because the factory owners were not budging from their $75 stance. Rong Chhun, President of the Cambodian Confederation of Unions, said “This was the last meeting and we couldn’t ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWQzNDYwNTM4YmY

1.5 mln hectares of land concessions granted

Hun Sen announced that 1.5 mln hectares of Economic Land Concessions were granted to private companies. 1.2 mln hectares, 80 percent, of the concessions are used for rubber plantation sector. He said, that Cambodia still maintain[s] 9.2 mln hectares of forest land even though 1.5 mln ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OWU3Nzc3ODg4YjY

Mam Sonando's verdict announced

Beehive radio owner Mam Sonando, along with two others appeared in the Court of Appeals Thursday to listen to their verdicts. The sentence was changed from five years to eight months imprisonment, but will be released on March 16, 2013 for having spent the same amount ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NTNlN2Y5YmNmYjg

Viet Nam, Cambodia make plans for development

President Truong Tan Sang has urged the planning ministries of Vietnam and Cambodia to effectively implement the agreements reached during recent talks. He made the comments at a meeting with Cambodian Minister of Planning Chhay Than in Ha Noi yesterday. Vietnam had contributed to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YTQzMTU4OTI3NjI

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