News
Sokimex Orders Businesses Off Prime Real Estate
Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-orders-businesses-off-prime-real-estate-41237/
A rare delicacy hard to sell
Ou Seathong sells one of the most expensive foods in the world: edible bird spit. At her shop on Street 182 in Phnom Penh, she sorts edible bird nests on the shelves. Hundreds of years old, the Chinese delicacy is made of the congealed saliva ...
Rann Reuy
http://www.phnompenhpost.com/business/rare-delicacy-hard-sell
Kampot’s famous pepper goes global
When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...
http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global
Cambodia to return to former glory
Kuala Lumpur (The star /ANN) — A country once torn apart by war is emerging as a key investment destination for small and medium enterprises. It was once home to a great civilization. In the 12th century, the Khmer empire was South-East Asia’s largest. Angkor was ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDRhOTI5NzA0Y2E
Maternal health gets a boost in 3 provinces
About 300,000 women of reproductive age will receive higher-quality emergency obstetric and newborn-care services thanks to a sizeable handover of medical equipment and supplies to government health centres and hospitals in Kampong Thom, Kampot and Kep provinces. Through a partnership seeking to improve the social healthcare ...
http://www.phnompenhpost.com/national/maternal-health-gets-boost-3-provinces
Worker applications eased
Candidates for a government program that sends Cambodians to work in South Korea can file paperwork closer to home this year, as applications will now be distributed in 13 provinces. Applications will be available until Friday in provincial labour offices in Battambang, Kampong Cham, Kampong ...
http://www.phnompenhpost.com/national/worker-applications-eased
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Project Aims to Make Subsistence Farms Profitable
BATI DISTRICT, Takeo province – At a farming school here last week, 150 poor agricultural workers gathered to celebrate graduating a two-month training course. The new group of educators will now set out with their newly acquired skills to help transform the country’s poorest rural ...
http://www.cambodiadaily.com/news/project-aims-to-make-subsistence-farms-profitable-39081/
Gaming outfit reports loss
Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...
http://www.phnompenhpost.com/business/gaming-outfit-reports-loss
Rail gets rice exports on move
For the first time since a railway rehabilitation project was launched in 2006, Cambodian rice is now being transported from Phnom Penh to the Sihanoukville port along the country’s southern line for export, operators Toll said on Wednesday. Speaking at the Phnom Penh cargo loading station, ...
http://www.phnompenhpost.com/business/rail-gets-rice-exports-move
Thousands expected to visit Kep sea festival
At least 20,000 tourists and travellers will participate in the so-called “sea festival” at the end of this year, officials at the Kep province tourism department said. The two-day event, which started in 2011 as a tourism booster for the country’s coasts and beaches, was cancelled ...
http://www.phnompenhpost.com/business/thousands-expected-visit-kep-sea-festival
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
Cambodia attracts over 2 mln foreign tourists in first half
Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed Saturday. Tourism is one of the sectors supporting the ...
http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm
Cambodia advises people not to travel by sea on Aug. 3-5 due to torrential rain
Cambodia’s Ministry of Water Resources and Meteorology on Tuesday warned people not to travel by sea from August 3-5 because the country would suffer from the impact of a storm and cause torrential rain. The ministry’s statement said according to the forecast, a depression on the ...
http://news.xinhuanet.com/english/world/2013-07/30/c_132587997.htm
GI benefits yet to be fully realised
While Kampot pepper and Kampong Speu palm sugar carry the brand-building Geographical Indication (GI) status, newcomers seeking the same tag continue to wait for funding to get their products off the ground. In 2010, Kampot pepper and Kampong Speu palm sugar were the first Cambodian goods ...
http://www.phnompenhpost.com/business/gi-benefits-yet-be-fully-realised
Prey Veng Boy Confirmed as 14th Bird Flu Case This Year
A 3-year-old boy from Prey Veng province’s Kompong Trabek district has contracted avian influenza, a deadly disease that has killed seven children and two men so far this year in the largest outbreak the country has seen, the Ministry of Health said in a statement ...
http://www.cambodiadaily.com/news/prey-veng-boy-confirmed-as-14th-bird-flu-case-this-year-34758/
Six-year-old Cambodian girl dies from bird flu: WHO
A six-year-old Cambodian girl has died from bird flu, bringing the country’s toll from the deadly virus to nine so far this year, the World Health Organisation said Tuesday. The girl, from the southern province of Kampot, died in a children’s hospital in the capital Phnom ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=N2EzN2ZiZjA3ZTA
Hun Sen Mocks Opposition Request for Donors to Freeze Aid
Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...
http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/
Cambodia unveils strategy to attract Chinese tourists
Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...
http://news.xinhuanet.com/english/world/2013-06/19/c_132467692.htm
Work-related deaths, injuries rose in 2012
The number of officially recorded workplace deaths in Cambodia increased by more than 25 per cent from 2011 to 2012, while the vast majority of those injured at work were women, National Social Security Fund figures released yesterday reveal. A total of 59 people were reported ...
http://www.phnompenhpost.com/2013061466277/National/work-related-deaths-injuries-rose-in-2012.html
Former Mfone Employees Protest for Severance Pay
More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...
Kampot pepper yield down
This year’s weather has proven too hot for the Kingdom’s famous Kampot pepper, as yields of the spice dropped for the first time since 2008. Some 22 tonnes of pepper were harvested this year between January and May, short of the 27 tonnes predicted for this ...
http://www.phnompenhpost.com/2013052065706/Business/kampot-pepper-yield-down.html
Cambodia’s petroleum imports decrease
The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...
http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html
Cambodia’s Economic Opportunity
While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...
http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/