News

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/

Long-Term Impact of Chemical Spill Unclear

The long-term impact of 6 tons of toxic chemicals that spilled into a stream in Kompong Chhnang province on Tuesday, killing several hundred kilograms of fish, is still unclear, the provincial department of environment said on Friday. The chemicals, identified as the cleaning agents Ridoline 560, ...

The Missing Link

Resources to feed and educate a child, access to shelter and a life free of abuse arc fundamental rights, yet each day millions of Cambodians struggle to meet their basic needs alone. With more than 30% of the population living below the national poverty line of ...

Cambodia to levy economic land concessions tax

Cambodian Prime Minister Hun Sen on Friday ordered investors in economic land concessions (ELC) to pay tax from the sixth year of their investment in a bid to speed up their agricultural production. The premier decided that investment companies receiving ELCs must pay the land tax ...

http://news.xinhuanet.com/english/world/2012-09/28/c_131880215.htm

Alliance an advocate for industry

The executive committee of the Alliance of Rice Producers and Exporters of Cambodia, ARPEC, decided earlier this month to set up a commercial arm to help members get financing for a variety of rice-related activities. According to ARPEC secretary-general Hun Lak and deputy secretary-general David Van, ...

http://www.phnompenhpost.com/index.php/Special-Reports/alliance-an-advocate-for-industry.html

Piaggio's Vespa Scoots Back Into Phnom Penh

Vespa, the iconic Italian scooter, is now officially available for purchase in Cambodia-again. Italy-based automobile company Piaggio, in cooperation with the local Narita Group, opened the doors yesterday to the country’s first licensed Vespa dealership. The new Vespas range in price from $2,950 for the ...

Now available: certified chemical-free vegetables

In May, the first group of vegetable producers in Cambodia was certified on the basis of COrAA’s “Standards for Chemical-free Crop Production”. The 72 farmers, belonging to the Women Chemical-free vegetable-producing group of the Vegetable Supply Co-operative in Svay Rieng, have been producing healthy vegetables for ...

http://www.phnompenhpost.com/index.php/Special-Reports/certified-chemical-free-vegetables-hit-shelves.html

Rising world demand for Cambodian organic rice

Several ASEAN countries, including Cambodia, have witnessed a growing demand for organic rice that local producers cannot satisfy, according to Winfried Scheewe, adviser to the Cambodian Organic Agriculture Association (COrAA). Scheewe says demand for organic rice is on the rise, especially in the Philippines, Malaysia and Singapore, but also ...

http://www.phnompenhpost.com/index.php/Special-Reports/cambodian-organic-rice-on-demand.html

New Ministry decree aims at tourist safety

A Ministry of Tourism official said they would finalize an inter-ministerial prakas before the end of this year to enhance tourists’ safety, as previous fatal accidents have led to concerns in the tourism sector. Tith Chantha, general director of tourism at the Ministry of Tourism, said task force officials, affiliated with Tourism ...

http://www.phnompenhpost.com/index.php/2012092858981/Business/new-ministry-decree-aims-at-tourist-safety.html

Looking to increase water access

More than half of Cambodians living in rural areas still do not have access to treated water, about 200 people heard yesterday at a forum at the Phnom Penh Hotel. The event was sponsored by WaterSHED, an NGO funded by USAID’s Regional Development Mission-Asia and the Stone Family Foundation. According ...

http://www.phnompenhpost.com/index.php/2012092858982/Business/next-step-increasing-access-to-clean-water.html

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