News

Study set to streamline customs procedures in Cambodia

Customs procedures are being examined in a time-release study to identify issues that can affect Cambodia’s trade competitiveness. According to experts, the study is an important tool to improve the Kingdom’s investment climate. The study will be conducted and organised by the GDCE with support ...

http://www.phnompenhpost.com/2013022061467/Business/study-set-to-streamline-customs-procedures-in-cambodia.html

Investment options for Cambodian telcos

With Myanmar’s telecom industry showing signs of gradually opening, operators in Cambodia’s overcrowded telecom market see opportunities for potential investment. But in stride with the market’s latent potential come challenges, industry experts say, and lessons learned locally need to be applied overseas. “Myanmar remains one of the ...

http://www.phnompenhpost.com/2013022061463/Business/investment-options-for-cambodian-telcos.html

Map Demo

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Cambodia-US Bilateral Trade 2012 Increases Slightly

The bilateral trade between Cambodia and the United States in 2012 rose slightly, while Cambodia’s export decreased, according to a report of the United States Census Bureau of the Department of Commerce. U.S. Department of Commerce. The Cambodia-US bilateral trade saw its increase 0. 61%, while ...

http://www.akp.gov.kh/?p=30904

Cambodia's insurance industry grows by 21 pct in 2012

Cambodia’s insurance industry earned a total premium of $36 million last year, a 21 percent rise year-on-year, according to the industry’s report on Monday. The main sectors of the premium are from fire insurance of 28 percent, motor insurance of 19 percent, personal accident insurance of ...

http://www.globaltimes.cn/content/762259.shtml

Vendors Protest Over Worthless Mfone Cards

More than 100 mobile phone vendors protested yesterday outside the Phnom Penh headquarters of bankrupt mobile operator Mfone over their stocks of phone credit recharge cards that are now worthless, as the defunct company has transferred its subscribers to MobiTel, which does not recognize the ...

http://www.cambodiadaily.com

Single Company to Run Public Buses in Phnom Penh

Phnom Penh could have a public bus system operating under a single company before the end of 2013 at the earliest, Phnom Penh governor Kep Chuktema said yesterday. Global (Cambodia) Trade Development, a joint venture between Cambodian and Chinese investors, had originally been chosen alongside South ...

http://www.cambodiadaily.com

Local brokers still manipulate prices: farmers

Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...

http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html

Less palm sugar due to production delay

Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...

http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html

Government promotes clean cities in Cambodia

Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...

http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html

Jarai ethnic group takes stand on spirit forest

More then 100 Jarai families in Ratanakkiri’s O’Yadav district have rejected a government proposal to measure their land, saying it would pave the way to turning over a spirit forest to the families of police and soldiers. ...

Phak Seangly
http://www.phnompenhpost.com/national/jarai-ethnic-group-takes-stand-spirit-forest

Qatar Airways ready to launch daily flights to Cambodia's capital

The Doha-based Qatar Airways will operate its daily flights from Doha to Phnom Penh, the capital of Cambodia, from Tuesday, Cambodia’s tourism minister Thong Khon said Monday. “Tomorrow (Tuesday), the airline will launch daily flights from Doha to Phnom Penh via Ho Chi Minh City, Vietnam,” ...

http://www.globaltimes.cn/content/762239.shtml

Cambodia forecasts 4 mln foreign tourists in 2013

Cambodia is predicted to greet 4 million foreign visitors this year, an expected 12 percent rise year-on-year, Tourism Minister Thong Khon said Monday. “Last year, we received 3.58 million foreign tourists, up 24 percent year-on-year, and generated total revenue of about 2.2 billion U.S. dollars,” he ...

http://news.xinhuanet.com/english/travel/2013-02/18/c_132176370.htm

Workers continue strike as wage talks delayed to next week

Workers in the border town of Bavet continued a week-long strike Monday after a meeting to discuss wage increases was delayed for a second time to next week. Sources said all workers left the Tai Seng and Manhattan special economic zones after working for an hour. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDBiNTE5YTIwNTY

Maruhan bank opens Laos office in Vientiane

Cambodian-Japanese bank Maruhan Japan opened an office in Vientiane, the capital of Laos, on Saturday, making it the second Cambodian bank and the first Japanese bank to come to that country. Maruhan’s presence in Laos would boost economic and investment ties between the two ASEAN member ...

http://www.phnompenhpost.com/2013021861422/Business/maruhan-bank-opens-laos-office-in-vientiane.html

Firm Ordered to Temporarily Stop Clearing in Prey Long Forest

Authorities in Kompong Thom province have ordered the owners of a Vietnamese rubber company to temporarily cease the clearing of part of Prey Long forest after local farmers alleged that the firm was encroaching on villagers’ land. About 300 members of the Prey Long People’s Network ...

http://The Cambodia Daily

Factory pay protest continues

Workers at the shuttered Yung Wah I and II factories in Kandal province will continue protesting today, despite the government already agreeing to pay them using company funds. Worker Soy Sokchea said yesterday that he and his colleagues would keep demanding benefits and seniority bonuses. ...

http://www.phnompenhpost.com/2013021861414/National/factory-pay-protest-continues.html

Nakorn plans to invest $30mln in hotel in Phnom Penh

Pharmaceutical giant Thai Nakorn Patana plans to invest $30 million over the next two years in a three- to four-star hotel in Phnom Penh, as it hopes to cash in on the lack of big names in the capital’s mid-tier hotels market. For the new 200-room ...

http://www.phnompenhpost.com/2013021861426/Business/nakorn-plans-to-invest-30mln-in-hotel-in-phnom-penh.html

Telecom Cambodia Corruption Investigation Needs Time

The minister of posts and telecommunications yesterday said he needs more time to investigate corruption and mismanagement allegations at state-owned firm Telecom Cambodia before involving other government institutions. Telecom Cambodia director-general Lao Saroeun is officially on sick leave, but staff at the company say they were ...

http://www.cambodiadaily.com

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