News

Rice exports up 2 percent over last year

Cambodia’s total export of milled rice via the single window office slightly increased by two per cent over the first nine months of this year compared to the same period last year, according to data from the Ministry of Agriculture. Speaking at the Cambodian Rice Forum ...

http://www.phnompenhpost.com/index.php/2012100259022/Business/rice-exports-up-2-per-cent-over-last-year.html

Three Rights Workers, Journalist Summoned Over Incitement

The Ratanakkiri Provincial Court yesterday summoned three human rights workers and a journalist over allegations that hey incited indigenous ethnic minority villagers in Lumphat district to protest violently against a powerful agro-industry company in 2009. Deputy court prosecutor Chea Sopheak said he had requested Adhoc provincial ...

Shots fired at me, says Tep Kolap

In a bizarre series of events, only days after being vindicated by the Supreme Court, Phnom Penh International University rector Tep Kolap claimed to have been chased across Phnom Penh yesterday evening by men who shot at her car as she sought refuge in Prime ...

http://www.phnompenhpost.com/index.php/2012100259043/National-news/tep-kolap-alleges-attempted-murder.html

Sonando Jailed for 20 Years; Sentence Denounced

The Phnom Penh Municipal Court handed down a 20-year jail sentence to independent radio station owner Mam Sonando yesterday for his role in fomenting an alleged secessionist movement in a decision drawing condemnation from human rights groups and some of Cambodia’s main foreign donors. The court ...

IMF: Cambodia’s economy expected to grow 7 pct in 2012

The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent. Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to ...

http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/

New condominium launched

A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...

http://www.phnompenhpost.com/index.php/2012100259027/Business/new-condominium-launched-in-phnom-pehn.html

September 2012 Maps

– Economic Land Concessions –  ‘ELCs’ – ( Government Data Partial 3 items, and 1 cancelled concession) Click here to download – Mining ( Secondary source data: 79 items ) Click here to download If you have map data to share or compare, please get in touch! info@opendevcam.net ...

New outsourcing players challenge export giants

Of course the BRIC countries are far from being the only emerging market suppliers for the global apparel sector – and a knot of competitors such as Bangladesh and Vietnam have long been vying for business. But there are smaller players (in terms of the ...

http://www.just-style.com/management-topic/new-outsourcing-players-challenge-export-giants_id115700.aspx

Over 600% Growth in UAE Re-Exports to Cambodia in 2011:

The UAE’s non-oil exports to Cambodia have risen by 639 percent from 2010 to 2011, with total Emirati exports to the Asian country going up by 271 percent during which the UAE achieved a surplus in trade between the two countries of around USD 2.3 ...

http://www.wam.org.ae/servlet/Satellite?c=WamLocEnews&cid=1290001004928&p=1135099400124&pagename=WAM%2FWamLocEnews%2FW-T-LEN-FullNews

Kenya eyes Cambodia's rice and flight sectors

Cambodia’s Deputy Prime Ministerand Ambassador of Kenyadiscussedan initiative to connect Phnom Penh and Nairobi through a direct flight to boost tourism and economic activities as well as the conclusion of a rice export deal ...

http://www.etmcambodia.com/viewlatestnews.php?newsid=85

PTT signs agreement to set up retail oil venture in Myanmar

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

http://www.bangkokpost.com/business/economics/314856/ptt-signs-agreement-to-set-up-retail-oil-venture-in-myanmar

Cambodian farmers squeezed out

Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...

http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out

Cambodian land rights campaigner jailed for 20 years

A Cambodian court has jailed a 71-year-old broadcaster and land rights campaigner for 20 years after finding him guilty of leading an anti-state rebellion, a verdict condemned by activists as the latest crackdown on human rights. Three judges at the Phnom Penh court convicted Sonando, who ...

http://www.guardian.co.uk/world/2012/oct/01/cambodia-land-rights-campaigner-jailed

Hun Sen Announces Tax on Land Concessions

Prime Minister Hun Sen on Friday amended a directive on economic land concession (ELC) taxes, which will mean that owners of agricultural ELCs must pay tax of $5 on every hectare of land after the fifth year of ownership, according to the Council of Ministers. Mr. ...

Garment industry stokes Cambodia’s political growth

Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...

http://www.winnipegfreepress.com/opinion/westview/Garment-industry-stokes-Cambodias-political-growth-171990021.html

The arrival of the ASEAN Economic Community will likely be delayed

ASEAN leaders have proposed putting off the planned launch of the ASEAN Economic Community (AEC) until the end of 2015, instead of the beginning of that year, so each member state will have more time to prepare for the single market, according to Cambodian Commerce ...

Dai Fishing Targeted in Mekong Conservation Zone

Fisheries Administration patrols increased on the Mekong River in Kratie and Stung Treng provinces to prevent fishermen from using dai fishing methods as the seasonal fish migration period begins. However, the Fisheries Action Coalition Team (FACT), an umbrella group of national and international organizations, said the ...

Cambodia records 1.51 bln trade deficit in 7 months

Cambodia reported a trade deficit of 34 percent in equivalent to 1.51 billion U.S. dollars in the first seven of this year, the report of the Commerce Ministry showed on Thursday. During January-July period this year, the country’s total import and export value was 7.45 billion ...

http://www.nzweek.com/world/cambodia-records-1-51-bln-trade-deficit-in-7-months-7684/

Water Wars Feared Over Mekong

China’s dam building spree on the upper Mekong River raises new tensions over water resources Vietnamese President Truong Tan Sang obviously had China in mind when he warned recently that tensions over water resources are not only threatening economic growth but presenting a source of conflict Cambodia, ...

http://www.rfa.org/english/east-asia-beat/mekong-09302012160353.html

UAE- Lubna Al Qasimi heads Trade delegation to Cambodia and Thailand

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade will lead a delegation on Monday to Cambodia and Thailand to discuss strengthening trade and investment ties with these countries. The delegation also included officials and representatives from national institutions and companies. ...

http://www.menafn.com/menafn/1093564536/UAE-Lubna-Al-Qasimi-heads-Trade-delegation-to-Cambodia-and-Thailand

Cambodia's highly competitive mobile phone industry poised for change

The nation is awash with SIM cards, and that is indicative of an industry that, as most observers see it, is simply overcrowded. But [mobile phone] operators, despite their special promotions and a young population in love with phones, are finding themselves squeezed as margins ...

Banteay Meanchey Worst Hit as Flood Toll at 11

A total of 11 people have now died due to flooding in the country since mid-September, while the worst affected area, Banteay Meanchey province, continued to suffer amid torrential rain on Thursday night, government officials said on Friday. ...

Kaing Menghun
https://www.cambodiadaily.com/archives/banteay-meanchey-worst-hit-as-flood-toll-at-11-6455/

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