News

Thai-Cambodian trade in Surin reaches new record high

The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...

http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

Passport Posts A Go

Cambodia is making plans to open passport offices along its border with Thailand in a bid to cut down on illegal migration, Interior Minister Sar Kheng announced yesterday. Speaking at the close of a migration workshop, Kheng said that officials are already preparing to open a ...

http://www.phnompenhpost.com/2013032964787/National/passport-posts-a-go.html

Cambodia Posts 29 pct Rise In Large-Scale Factories Last Year

The number of large-scale factories in Cambodia has increased by 29 percent to 907 in 2012, Minister of Industry, Mine and Energy Suy Sen said Thursday. Those large-scale enterprises employed 559,600 employees last year, a 38 percent increase from 403,560 a year earlier, he said ...

http://www.asean-china-center.org/english/2013-03/28/c_132269109.htm

Illegal rosewood seized at border

Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2M4YzlhNzA2NmY

Thai Co-Op Seeks To Boost Cambodia’s Market Access

A delegation from a Thai agricultural co-operative yesterday discussed means of improving agricultural products and market access with representatives of the Ministry of Commerce in Phnom Penh. Kamit Likhitvidhayavuth of the Thai co-operative said his team aimed to strengthen market access for Cambodian goods. No agreement ...

http://www.phnompenhpost.com/2013032764713/Business/thai-co-op-seeks-to-boost-cambodia-s-market-access.html

Illegal migration ticking up

llegall migration is on the rise, but human trafficking cases appear to be declining, according to the government’s annual labor migration report, released yesterday. Speaking at the start of a three-day workshop held at the Ministry of Interior that involving embassies, NGOs and government officials, Chou ...

http://www.phnompenhpost.com/2013032764724/National/illegal-migration-ticking-up.html

Laos taps on single visa door

Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ...

http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/

Rubber to give economy a bounce

Cambodian officials say they will focus on nine different sectors in a bid to diversify and ensure continued national economic growth. Among the nine priorities, rubber will play a crucial role in Cambodia’s trade integration strategy. After opening a workshop on Cambodia’s trade strategy for the coming ...

http://www.phnompenhpost.com/2013032664693/Business/cambodia-looks-to-rubber-to-give-economy-a-bounce.html

$10 mln to protect ecosystems in Southeast Asia

The Critical Ecosystem Partnership Fund has committed to provide another $10 mln U.S. in grants to address the environmental crisis engulfing mainland Southeast Asia. The ground-breaking biodiversity fund was launched in 2008. During the first phase, $10 mln was invested in efforts to conserve the critical ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmM3ZDQzYjBiMmV

British Businessman Arrested over Alleged Land Fraud

The British chairman of an embattled agricultural investment firm was arrested Saturday by Cambodian authorities over charges of forging documents and using them in an attempt to illegally purchase thousands of hectares of land, a court prosecutor said. Greg Fryett, the main shareholder of Sustainable Agro ...

http://www.cambodiadaily.com/news/british-businessman-arrested-over-alleged-land-fraud-15882/

Laos, Cambodia eye a single-visa policy

Laos is considering a single-visa scheme with its neighbours Thailand and Cambodia to promote balanced development in the subregion, officials said. The Lao government will hold talks with Cambodia, possibly at the end of this month, to learn from Phnom Penh’s experience in this matter, a ...

http://www.phnompenhpost.com/2013032264622/Business/laos-cambodia-eye-a-single-visa-policy.html

Cambodia: Visits on the rise

Cambodia is rapidly attracting more and more visitors from tourists to businessmen. Visits are continuing to climb as January figures show a 15.4 percent increase, Cambodia’s statistics and tourist Information Department reported. So far,the country has welcomed 404,106 visitors compared to 350,257 during the same ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MmQ1MmMyNTUzMjJ

Ambassadors fill Cambodia, terrorism posts

SENIOR diplomat Alison Burrows has been appointed Australia’s next ambassador to Cambodia. Ms Burrows will replace Penny Richards in April, Foreign Affairs Minister Bob Carr announced on Thursday. She is assistant secretary with the North Asia investment and services branch of the Department of Foreign Affairs ...

http://www.heraldsun.com.au/news/breaking-news/ambassadors-fill-cambodia-terrorism-posts/story-e6frf7kf-1226597146112

Group Lease eyes Laos, Vietnam markets

Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...

http://www.bangkokpost.com/business/financialadvice/340373/group-lease-eyes-laos-vietnam-markets

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

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