News

Cambodia’s trade with Malaysia grows sharply

Cambodia’s trade with Malaysia grows sharply in 1st 4 months of Y 2011 The bi-lateral trade between Cambodia and Malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday. From January to ...

http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...

http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm

Five ink deal to form rice cartel

Five Asean rice-producing countries are joining forces to form a regional alliance with the ambitious goal to boost rice prices by 10% annually. Trade ministers from Thailand, Vietnam, Cambodia, Myanmar and Laos are scheduled to sign the agreement later this year to establish the Asean Rice ...

http://www.bangkokpost.com/business/economics/308931/five-ink-deal-to-form-rice-cartel

Cambodian farmers plant rice in a paddy field in Kampong Speu province

Cambodian farmers plant rice in a paddy field in Kampong Speu province August 21, 2012. A drought has hit Cambodia during its rainy season destroying more than 100,000 hectares of crops across the country, a government spokesman told Reuters on Tuesday. According to National Committee ...

http://www.trust.org/alertnet/multimedia/pictures/detail.dot?mediaInode=12f9a414-9786-4901-bf6f-6468a2ce9692

UTCC: Rubber prices won't bounce back

Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...

http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back

Firms Go to Arbitration Over Failed Gold Mining License Deal

Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...

Railway Family Payouts Could Be Increased

The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...

Bank Would Back Firm to Take Over Rail Project

The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway  operator if it means the new concessionaire would foot the $60 to $100 million needed ...

Preah Vihear land primed for plantation concessions

The government has reclassified 23,182 hectares of state land in Preah Vihear province for private development by three agro-industry firms, paving the way for them to secure economic land concessions (ELCs). Reclassification of state public land to state private land is a key step toward establishing ...

http://www.phnompenhpost.com/index.php/2012082258210/National-news/preah-vihear-land-primed-for-plantation.html

Wild lobster stocks replenished

Seven million young lobsters had been released into Cambodia’s rivers and Tonle Sap Lake this year in an effort to build the nation’s fish and shellfish stocks, officials said yesterday. Nao Thouk, general director of the Fisheries Administration at the Ministry of Agriculture, Forestry and Fisheries said, about ...

http://www.phnompenhpost.com/index.php/2012082258197/Business/cambodias-wild-lobster-stocks-replenished.html

Drought Affecting 145,000 Hectares of Paddy

A lack of rain across the country is affecting more than 145,000 hectares of rice paddy and  parts of the nation’s crop have already been completely destroyed, according to data released yesterday by the Ministry of Agriculture. Hem Sophal, director of the statistics department at the ...

CEDAC plus honey makes for a sweet deal

Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for Study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ...

http://www.phnompenhpost.com/index.php/2012082258195/Business/cambodias-honey-collectors-sign-sweet-deal.html

Long Haul for Illegal Wood Seized on River

Forestry Administration officers said yesterday they were still struggling to remove a large cache of illegally harvested wood they seized along the Stung Chinit River in Kampong Thom province a week ago. Heng Kamich, head of the Forestry Administration in Santuk district, said the officers seized ...

Kratie vendors protest pricey relocation site

In an effort to improve Kratie town’s aesthetics, authorities have ordered about 300 shop owners on central roads and along the river bank to relocate their operations or face physical removal. Vendors were given until today to move to a location about a kilometre away, but ...

http://www.phnompenhpost.com/index.php/2012082258200/National-news/kratie-vendors-protest-pricey-relocation-site.html

More Maids head home

In the space of only about two months, the Cambodian embassy in Malaysia had helped eight Cambodian maids whose employers abused them, the government said yesterday. “The maids have been mistreated by their employers and some have finished their contracts and want to come back home,” Ministry ...

http://www.phnompenhpost.com/index.php/2012082258202/National-news/more-cambodian-maids-head-home.html

National TV to Air Chinese-State Programs

Cambodia’s national television station TVK, is this week devoting 20 minutes per night of its schedule to shows produced by the state-run provincial Chinese broadcaster, according to the station’s chief. “The 2012 TVK-China Guangxi TV Showcase Week will show the Cambodian public about tradition, friendship, ...

'Harassed' workers stick to their guns

Ocean Garment yesterday refused to meet the sole demand of thousands of striking workers to have their manager, accused of sexual harassment, sacked. An inter-governmental ministerial committee met with union and employer representatives, but Bangladeshi-owned Ocean Garment – which supplies retail titan Gap – refused to ...

http://www.phnompenhpost.com/index.php/2012082258207/National-news/sexually-harassed-workers-stick-to-their-guns.html

Focusing on a good user experience

Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...

http://www.phnompenhpost.com/index.php/2012082258194/Business/user-experience-a-priority-for-tech-market.html

Garment Workers Go to Court Against Manager

Worker from the Ocean Garment factory in Phnom Penh’s Pur Senchey district said they will file a complaint with the Phnom Penh Municipal Court today accusing a manager  at the factory of sexual harassment, violence and verbally abusing female workers, union officials and garment workers ...

Second Fainting in a Week at M&V Garment Factory

Twenty-three workers at the M&V garment factory fainted yesterday morning in Kompong Chhang province, the second thime in a week that a mass faining has occured at the factory, a Labor Ministry official said. Meng Hong, a member of a workplace safety committee that the Ministry ...

Thai-Cambodian border trade thriving

The border trade between Thailand and Cambodia from January to April this year is worth over 26 billion baht, which is an increase of 25.5 percent year-on-year. According to Mr. Sittiporn Bangkaew, Director of the Surin Provincial Office of Commercial Affairs, Surin province shares ...

http://www.pattayamail.com/business/thai-cambodian-border-trade-thriving-15833

Firms Go to Arbitration Over Failed Gold Mining License Deal

Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...

Mental Health Sector Severely Underfunded

The mental health sector faces a sever lack of funding that could ultimately undermine Cambodia’s development and the governemnt’s own health care goals, concludes a new report by the human rights law center at Fordham University in New York. In a comparative study on Cambodia’s mental ...

Monitoring questions mount

Official from Cambodian immigration, law enforcement and diplomatic circles were either unaware of, or unwilling to talk yesterday about, an alleged request from the Thai government to help monitor Cambodian Muslims crossing into the country. News of the alleged monitoring surfaced on Monday when Thai ...

http://www.phnompenhpost.com/index.php/2012082258213/National-news/monitoring-of-cambodian-muslims-called-into-question.html

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