News
Indonesian Trader Close to $1.5b Cambodia Sales Deal
Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...
http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207
Cambodia might benefit from Japan-China row
A lot of Japanese companies have been making inquiries about investing in Cambodia. And a good number of them are companies who are considering relocating from China. This was revealed by Phnom Penh Special Economic Zone manager Hiroshi Uematsu in the Japanese newspaper Asahi Shimbun. Recent ...
http://japandailypress.com/cambodia-might-benefit-from-japan-china-row-1515865
Rice mills need to show solidarity, minister says
At the Cambodian Rice Forum 2012, Agriculture Minister Chan Sarun said that if the Kingdom wants to reach the government’s goal of exporting 1 million tons of rice annually by 2015, rice mills need to join forces and work closely together. Such an association [of rice ...
King Father Norodom Sihanouk passed away
King Father Norodom Sihanouk passed away today in Beijing at the age of 89, 59 years after he declared Cambodia’s independence from France. Sihanouk was a greatly charismatic leader revered as something of a God King during the height of his power in the 1950s and ...
King Father Norodom Sihanouk Dies at 89
Retired King Norodom Sihanouk, whose name for half a century was synonymous with Cambodia on the world stage, died in the early hours of Monday morning in Beijing. The former monarch, who was about to celebrate his 90th birthday on October 31, died peacefully in a ...
http://www.cambodiadaily.com/sihanouk/king-father-norodom-sihanouk-dies-at-89-3865/
Govt urged to detail link to Cambodia's nuclear plan
Anti-nuclear activists have called on the Thai government to clarify its involvement in Cambodia’s controversial plan to construct a nuclear power plant in the border province of Koh Kong. The activists doubted Phnom Penh’s capacity to single-handedly build and manage such a vast and risky project. Santi ...
http://www.bangkokpost.com/news/local/316888/govt-urged-to-detail-link-to-cambodia-nuclear-plan
Cambodians falling prey to perils of migrant labour
The future remains uncertain for many Cambodian workers seeking jobs in Thailand. Most feel the process of gaining employment in the country is akin to playing the lottery, with exploitation in the job placement industry rife, and legal protection scarce ...
http://www.bangkokpost.com/news/local/316884/cambodians-falling-prey-to-perils-of-migrant-labour
Cambodian Scholar Suggests Pernicious Effects of Aid Dependence
For political economist Sophal Ear, this view is more nuanced. In his book ‘Aid Dependence in Cambodia: How Foreign Assistance Undermined Democracy‘, published by the Columbia University Press (2012), years of dependency are not showing positive results in the rehabilitation of Cambodia, its democracy and war ...
http://asiancorrespondent.com/90669/cambodian-scholar-suggests-pernicious-effects-of-aid-dependence/
Aviation in the Kingdom soaring with new flights and airport plans
Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...
Cambodia has Annual Bunker Sales Potential of 720,000 mt
Bunker supplier Go4 Bunker Denmark’s new Cambodian bunker venture, Go4 Bunker (Cambodia) Co., Ltd (Go4BC), has said that Cambodia has an annual bunker sales potential of 720,000 metric tonnes (mt). The comments came during the firm’s official opening ceremony at Hotel Cambodiana in Phnom Penh, which ...
http://shipandbunker.com/news/world/596768-cambodia-has-annual-bunker-sales-potential-of-720000-mt
Russian border guards seize vessel flying Cambodian flag off coast of Primorye
The coastal guard has seized a fishing vessel flying the flag of Cambodia off the cost of Primorye, the press service for the Border Guard Department of the Federal Security Service for the Primorye Territory has reported. The vessel Anteus (registered in Cambodia, owned by the ...
H&M meets NGOs and factories to improve working conditions
H&M Hennes & Mauritz’s head of sustainability Helena Helmersson was in Cambodia last week to meet with ILO/Better Works Cambodia on how to improve working conditions in export garment factories. Helmersson said in a blog post that the lack of dialogue between workers and factory management ...
Gunslinger Tycoons
PM Hun Sen’s September 20 cri de couer beseeching powerful officials and their friends and families to not fire or wield their weapons in restaurants and other public places, especially those haunts frequented by foreigners, threatens to spoil the sport most enjoyed by the Kingdom’s well-heeled elite. ...
Wagering on warm fronts
A busty woman with a scratchy voice shrieks into an intricate set up of radios, microphones and walkie-talkies, her tone not unlike that of a breathless Flemington race-caller. The woman is in continuous contact with up to 100 men peppered over rice fields fringing Battambang, analyzing the ...
http://www.phnompenhpost.com/7days/1848-wagering-on-warm-fronts
Toll Royal Railways expands
Toll Royal Railways signed two freight logistics agreements with Siam Concrete Group and United Logistics and Distribution at their offices in Phnom Penh’s Central Railway Station yesterday. SCG Cambodia contracted TRR for the transport and warehousing for bagged cement from Touk Meas in Kampot province to ...
http://www.phnompenhpost.com/index.php/2012101259265/Business/toll-royal-railways-expands.html
Security puts construction on hiatus
Owners of the upscale 240 Phnom Penh condo development said yesterday that they have stopped construction, for the time being, in order to ensure the security of the nearby US ambassador’s residence. “Construction at ‘240 Phnom Penh’ luxury apartments has been temporarily suspended whilst our ...
Student surveyors home for holidays
After months spent surveying land for an ambitious land-titling project, thousands of student volunteers have been granted a short reprieve to return home over the Pchum Ben holiday, the prime minister announced yesterday. At a graduation ceremony in the capital yesterday, Prime Minister Hun Sen said ...
Health Woes Speed Fraud Appeal
After calls from their lawyers late last month to speed up the appeals process, three former advisers to Senate President Chea Sim convicted of fraud last year will appear before the Appeals Court on November 7, court deputy prosecutor Tan Senarong said yesterday. The three defendants ...
Awareness training on fake goods for officials
Cambodia lacks the resources for implementing intellectual property rights, while relevant officers lack skills to monitor the import of counterfeit products, according to an official. Var Roth San, Head of the Secretariat of National Committee for Intellectual Property Rights (NCIPR) and Director of the Department of ...
http://www.phnompenhpost.com/index.php/2012101259266/Business/officials-trained-on-fake-goods.html
Possible benefits for Cambodia in Mekong Region trade
Cambodia could benefit more from trade in the Greater Mekong Subregion (GMS) by implementing time and cost, cutting measures and removing constraints on exports, according to a new book by the Asian Development Bank. During a media briefing yesterday, Brimble [senior country economist and author of ...
Climate action plan needed
World Bank President Jim Yong Kim said yesterday that climate change will be a concern in some Asian countries, including Cambodia. He encouraged the countries to find ways to manage any affects on their economies. Economists recognize it will lower growth in some main sectors of the economy – ...
http://www.phnompenhpost.com/index.php/2012101259257/Business/climate-action-plan-needed.html
Conference looks at status of the Kingdom's small but growing insurance sector
While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...
Cambodia, Vietnam agree to details of cross-border fisheries project
Cambodian and Vietnamese officials agreed Thursday to details of a proposed cross-border project to improve fisheries management between Prey Veng Province and Dong Thap Province in Vietnam. The agreement came during a two-day meeting chaired by So Sophort, deputy secretary general of the Cambodian National Mekong ...
Trade barriers hinder growth of Cambodia's export industry
Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...