tag:blogger.com,1999:blog-85627302190643755642012-02-02T06:46:10.278-08:00CamboTodaynoreply@blogger.comBlogger3121100tag:blogger.com,1999:blog-8562730219064375564.post-24162550768157386502012-01-13T00:22:00.000-08:002012-01-13T00:22:23.906-08:00

<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]>

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-91465324509552784812012-01-04T23:09:00.000-08:002012-01-04T23:09:07.269-08:00

<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]>

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-86526795707928580102012-01-04T22:03:00.000-08:002012-01-04T22:03:09.567-08:00

<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]>

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-69698184989258456092011-12-30T03:22:00.000-08:002011-12-30T03:22:50.690-08:00

<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]>

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-46654431069718027892011-12-25T19:17:00.000-08:002011-12-25T19:17:50.978-08:00

<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]>

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-66769449161538017462011-11-14T23:33:00.000-08:002011-11-14T23:33:57.779-08:00

Meals to reduce cholesterol are available, and i'm a full time income proof that they'll do miraculous items to drop your cholesterol amounts from abnormally higher level to some fully safe level in comparatively small amount of time. It's simply dependent on persistence to stay using the right type of natural diet. However, let us cover the fundamentals. The objective of your diet plan ought to

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-34132138457838246622011-11-12T23:39:00.000-08:002011-11-12T23:39:25.905-08:00

In The Usa, many people are so centered on doing everything in a extremely fast pace they often ignore diet. For this reason the weight problems rate has quadrupled through the decades! I know those who are within their early teens and therefore are dangerously obese. It simply proves how bad the issue of putting on weight has become since it wasn't like this during my mother's generation. In

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-49153134785031859652011-11-12T23:34:00.000-08:002011-11-12T23:34:23.238-08:00

You may think you understand food, but the amount of that information stretches beyond what you eat? You need to expand your understanding regularly should you be prepared to remain healthy. It requires less effort to step back from unhealthy meals associated with cholesterol if you have fresh and tasty options to select from. The greater you become knowledgeable about healthy eating designs, the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-42689105837726274302011-11-12T23:31:00.000-08:002011-11-12T23:31:01.061-08:00

Among the first stuff you learn in relation to bodybuilding diet is you need to consume plenty of protein. Even though it is best to obtain your it from real food, sometimes case too bothersome or costly and this is when protein powders are available in. However many people don't fully realize much about these powders and because of so many possibilities it's not easy to select one. In the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-41195221185207990732011-11-12T23:25:00.000-08:002011-11-12T23:25:18.554-08:00

Gestational diabetes is really a disorder that will affect around 4% of all pregnant women will within the U . s . States. It's not entirely understood why some women have it since it normally vanishes when the baby comes into the world. One theory would be that the stress from the pregnancy itself causes it, but regardless of the cause any lady who's identified with it'll need to follow along

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-12861706650620190952011-11-12T23:19:00.000-08:002011-11-12T23:19:55.537-08:00

The prospective for bad cholesterol is under 130 mg per deciliter and also the target permanently cholesterol has ended 45 mg per deciliter. Triglycerides ought to be at 150 or less. The life-style changes that needs to be adopted for lower cholesterol levels are 1) To prevent smoking because it increases significantly the chance of developing cardiovascular disease, 2) For those who have

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-58482240539215474322011-11-12T23:14:00.000-08:002011-11-12T23:16:10.326-08:00

I am quite sure that public of debtors are trying to still repay their student financial loans YEARS after they have been from college. Whatever everything is, it's apparent that many people wish to take proper care of their student financial loans As soon as possible. The Feds will give you education loan debt settlement through programs categorized under "Forgiveness" programs. Obviously there

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-85366877557485235492011-09-09T07:20:00.000-07:002011-09-09T07:20:41.962-07:00

The National Bank of Cambodia was pushing microfinance institutions to look to domestic banks for funding in an industry heavily reliant on foreign loans, experts said yesterday. Although the NBC is seeking to foster healthier relationships between MFIs and the Kingdom’s commercial banks, a dearth of collateral among MFIs is hindering domestic borrowing. “We encourage direct links between

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-38268912765090299962011-09-09T07:07:00.000-07:002011-09-09T07:07:58.411-07:00

THE Cambodia Securities Exchange could begin trading later this year without the Kingdom having passed its long-awaited e-commerce law, insiders said yesterday. An e-commerce law is necessary to protect investor data in the event of a system error or crash, among other things, and therefore lends secur-ity to investors and firms hoping to trade on the exchange.   “All the transactions are

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-9162541171655553602011-09-09T07:05:00.000-07:002011-09-09T07:05:39.452-07:00

CAMBODIAN government officials have called on the US-ASEAN Business Council to help finalise implementation of the Kingdom’s first e-commerce law by year’s end. “If possible, this law needs to be passed by the end of the year, as we are falling behind in our commitments to the World Trade Organisation,” Minister of Commerce Cham Prasidh said during a meeting with council ministers and major

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-26997263011634073422011-09-01T23:57:00.000-07:002011-09-01T23:57:09.359-07:00

Minister of Tourism Thong Khon yesterday urged the tourism industry to source locally for its inputs, claiming Cambodia loses out on 25 to 35 percent of potential revenue to imports. “We import a lot of food and beverages such as fruit, wines, vegetables and meat to support our tourists, mostly imported from Thailand and Vietnam,” he said. “That causes us to lose a lot of money each year,”

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-59765344706237750412011-09-01T23:54:00.000-07:002011-09-01T23:54:13.769-07:00

THE National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had lic-ensed Taiwan’s Mega Internat-ional Commercial Bank to set up in the Kingdom, she said. While the sector is

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-65715144200237813612011-09-01T23:48:00.000-07:002011-09-01T23:48:00.726-07:00

THE Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues from tourism will reach US$1.98 billion, according to the firm’s latest research report.

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-35891715403589135542011-08-29T01:22:00.001-07:002011-08-29T01:22:40.747-07:00

Metfone has claimed to control more than 80 percent of Cambodia’s fibre-optic network, allowing it to reach every commune in the Kingdom. The firm said it contributed 16,000 kilometres of fibre-optic backbone to Cambodia’s total of about 20,000 kilometres, citing a February report from the Ministry of Posts and Telecommunications. The last 20 percent was split between Telecom Cambodia and

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-38381075123480606122011-08-22T03:52:00.001-07:002011-08-22T03:52:37.897-07:00

THE number of international tourists visiting Siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, South Korea, China and Japan. Some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up from 736,371 during the same period last year, according to the Siem Reap Tourism

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-38040472191360769072011-08-22T03:51:00.001-07:002011-08-22T03:51:51.902-07:00

Refresh Mobile yesterday announced its newest partner, saying Beeline customers can now add credit to their mobile phones via Refresh’s electronic top-up terminals. In addition to the Beeline deal, which went into effect August 8, Refresh has agreements with Mobitel and internet service provider Online. More deals will be announced in the near future, company officials said. “We’ve seen

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-41612249624469611352011-08-19T09:14:00.000-07:002011-08-19T09:14:57.077-07:00

Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial information since 2004, though the timeliness and efficiency of report releases

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-53618165652126510792011-08-19T09:09:00.000-07:002011-08-19T09:09:24.597-07:00

THE Rural Development Bank services and refinances loans for financial institutions working in Cambodia’s less developed rural communities, mainly in the agriculture sector. Since its launch in 1998, the bank has grown its lending capital to $36 million from just $2.5 million.Post reporter Sieam Bunthy spoke with RDB chairman and chief executive Son Koun Thor about the strength of the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-73924982517689677662011-08-19T09:06:00.000-07:002011-08-19T09:06:30.414-07:00

The Association of Banks in Cambodia opened the doors to its new office yesterday, although commencement festivities were disrupted by a heavy afternoon downpour. The more than 1,000-square-metre building on Oknha Pich Road in Chaktoumuk district will house the ABC’s Cambodia Institute of Banking, as well as the Credit Bureau of Cambodia, which is expected to open next year, ABC Chairman

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-24307499286737483892011-08-19T08:58:00.000-07:002011-08-19T08:58:08.406-07:00

Nine years after arriving in Siem Reap and buying a half share in the famous Angkor What? bar, Alex Sutherland has established a small commercial empire of restaurants and cafés around Pub Street. And last month he expanded further with the construction of Old Market Smokehouse, a new southern-style US barbecue eatery. Sutherland, who, in addition to Angkor What? and Old Market Smokehouse,

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-29973787272594836572011-08-19T08:48:00.000-07:002011-08-19T08:48:31.200-07:00

Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those of other smaller telecoms in the Kingdom. “The possible exit by Thaicom has been driven in part by the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-86842549274397013582011-08-19T08:39:00.000-07:002011-08-19T08:39:59.423-07:00

The National Bank of Cambodia’s decision this week to keep banks’ reserve requirements steady at 12 percent was the right one, though questions remain as to what’s in store for the Kingdom’s economy over the coming year. Despite rising prices across the board, the NBC tempered its inflation concerns with concern about economic volatility across the globe. By not boosting reserve

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-57371709791513308212011-08-04T23:56:00.000-07:002011-08-04T23:56:16.171-07:00

KRISENERGY Holding Company, a partner with Chevron in Cambodia’s offshore petroleum Block A, has secured US$115 million in bond and credit facility to fund its projects, a statement on Friday said. The funding comes through a five-year, $85 million bond issue and three-year $30 million credit facility, would repay its existing $58.5 million facility, and “fund development of its asset

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-31557781108694433322011-08-04T23:53:00.000-07:002011-08-04T23:53:29.084-07:00

Vietnamese company FPT Telecom aims to extend operations to the Kingdom, after its attempted acquisition of Vietnam’s EVN Telecom fell through. FPT Telecom “has plans to expand business in Cambodia, but all is in discussion”, a spokesperson said late on Monday, declining to comment further. The firm had been in talks to buy a stake in internet service provider MekongNet, though its CEO

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-31813218404883904802011-08-04T23:52:00.000-07:002011-08-04T23:52:00.324-07:00

Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about three months, to discuss the company’s operations in the Kingdom, as well as the issues affecting the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-42164182266640212792011-08-04T23:49:00.000-07:002011-08-04T23:49:41.537-07:00

The government confirmed yesterday that its draft NGO law has been submitted to the Council of Ministers, despite concerns it would restrict Cambodian civil society. Phay Siphan, spokesman for the Council of Ministers, said yesterday that the law had been submitted last week. Nouth Sa An, secretary of state at the Ministry of Interior, indicated yesterday that the time had passed for NGOs

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-23935229795128952162011-08-02T02:08:00.000-07:002011-08-02T02:08:08.304-07:00

THE Kingdom’s growing agricultural sector is leading to more loans and deposits at microfinance institutions. The small-scale lenders also credit the boost in Cambodia’s agro-industry for declining non-performing loans rates. “We see that political stability and our economy are offering a strong climate for opening businesses or enlarging the businesses, leading to more demand for loans,”

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-44978404105426931412011-08-02T02:01:00.000-07:002011-08-02T02:01:26.964-07:00

ABA Bank has been awarded “Cambodia Retail Bank of the Year” award by this year’s Asia Banking & Finance Retail Banking Awards. With 150 bankers from across Asia on hand to congratulate the winners in Singapore, ABA Bank Deputy Chief Executive Officer Askhat Azhikhanov said the bank won the prestigious award due to its commitment to providing quality service in Cambodia. "This is the first

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-75921045454667841642011-08-02T01:53:00.000-07:002011-08-02T01:53:12.063-07:00

CAMBODIA’S central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices around the globe, and may cause further price inflation in Cambodia this year. The NBC is committed to

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-13331361221934929132011-07-30T08:17:00.001-07:002011-07-30T08:17:41.274-07:00

MALAYSIAN Minister for Science, Technology and Innovation Maximus Ongkili highlighted Malaysia’s experience in Information and Communication Technology during meetings with Cambodian officials in Phnom Penh. MIMOS, an agency of the Malaysian ministry, signed a memorandum of understanding with Cambodia’s National ICT Development Authority on Friday, aiming to cooperate with ICT development

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-49382854196972942992011-07-30T08:16:00.001-07:002011-07-30T08:16:47.917-07:00

MINISTER of Tourism Thong Khon yesterday highlighted the large dollar-value of approved tourism projects in the first half of 2011 as reason for optimism for the sector’s future. Claiming Cambodia could eventually see up to 40 percent of its total GDP from tourism, he said the sector stands to benefit from increased emphasis placed on sites outside of Angkor Wat. “Recently, we see that

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-13866585290201428222011-07-30T08:15:00.000-07:002011-07-30T08:15:32.703-07:00

High-ranking North Korean officials have arrived in the Kingdom for talks to establish a robust trading relationship, particularly in agriculture. The delegation, led by Deputy Trade Minister Ri Myong San, had met with  Foreign Affairs Minister Hor Namhong yesterday to explore economic and trade co-operation for the national development of the two countries, Ministry of Foreign Affairs

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-63583157124356167252011-07-30T08:14:00.000-07:002011-07-30T08:14:10.749-07:00

THE Efficient Market Hypothesis, developed by Professor Eugene Fama in the early 1960s, asserts it is impossible to consistently outperform average market returns, because the market is efficient and stock prices reflect all relevant information and trade at fair value. Those who subscribe to the theory believe it’s pointless to search for undervalued stocks, time the market or predict

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-58444650793260557342011-07-30T08:12:00.001-07:002011-07-30T08:12:53.885-07:00

Cambodia offers plenty of opportunity for Vietnamese investors, though challenges such as high transportation costs and a shortage of skilled labour remain, experts said yesterday. Represents of about 100 Vietnamese firms met with Cambodian counterparts yesterday for a one-day Oversea Entrepreneur Forum in Phnom Penh, organised by the Vietnamese embassy, said Vietnam commercial attaché Tran

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-24513870137730029442011-07-30T08:11:00.000-07:002011-07-30T08:11:04.599-07:00

THE Kingdom’s property sector is beginning to emerge from the global financial crisis, but could further improve with the implementation of anti-corruption laws and enforcement of property rights, according to industry experts. Although the sector is some ways off the pre-crisis peaks experienced in 2007, the number of transactions are on pace for a 10 percent increase this year on 2009,

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-50918702927451082822011-07-30T08:10:00.000-07:002011-07-30T08:10:06.881-07:00

The Economic Institute of Cambodia has revised upwards its prediction for GDP growth to 8.7 percent, from 7 percent previously. Better than expected performance in areas such as tourism, garments and agriculture were highlighted as the reason for the increase. “The main reason behind the GDP increase in Cambodia is the garment and textile exports have increased dramatically compared to last

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-34900495376667463112011-07-22T06:45:00.000-07:002011-07-22T06:45:37.751-07:00

A SOON-to-be-released report on the working conditions faced by the country’s estimated 4,000 beer-promotion women, or beer girls, paints a disturbing picture of industry-tolerated exploitation that forces women to chose between indulging disrespectful and sometimes dangerous customers and supporting themselves and their impoverished, mostly rural, families. A draft of the report, produced

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-50617588066198973452011-07-22T06:44:00.000-07:002011-07-22T06:44:18.674-07:00

ANZ Royal Bank aims to play a larger role in handling transactions in renminibi, as China’s currency becomes increasingly prevalent, company officials said yesterday. Cambodia’s fourth largest bank made its pitch yesterday, claiming domestic businesses could cut up to 5 percent from some import costs if they pay their Chinese suppliers in renminbi. The Chinese government has introduced

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-52305993159704427812011-07-21T02:16:00.001-07:002011-07-21T02:16:34.484-07:00

COMMMERCIAL banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, increased availability of car loans was the largest driver of the increase, said Peang Mann, Chairman and CEO at

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-52316203261940212302011-07-21T02:14:00.001-07:002011-07-21T02:14:59.053-07:00

INTERNET service provider Online is aiming to compete in the voice call market with its latest product, TalkMobile, a Skype-like application for handsets. Customers buy US$2 a month in credit to use the internet-based TalkMobile, and then pay prices ranging from about 6 cents a minute for local calls to nothing for unlimited calls to other users of the TalkMobile application. Online’s new

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-8144696338224337622011-07-19T02:19:00.001-07:002011-07-19T02:19:44.666-07:00

The global economic recovery this year continues to benefit Cambodian banks, although insiders said yesterday macro-economic press-ures were still weighing on the industry. Some of Cambodia’s biggest banks had enjoyed a strong 2011 thanks to a rebound in lending, deposits and profits, officials said. Economists, however, have cautioned against lending to sectors that have not  yet fully

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-53278040992336923022011-07-19T02:18:00.000-07:002011-07-19T02:18:03.776-07:00

DIGITAL Star Media is in talks to acquire mobile operator Excell for an undisclosed amount, a move which is expected to bring some long-awaited consolidation to the Kingdom’s overcrowded telecommunications sector by month’s end. Digital Star, which operates under its Emaxx brand and has announced plans to operate a fourth-generation mobile service by next year, aims to acquire Excell, the

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-81288776870197622042011-07-19T02:15:00.000-07:002011-07-19T02:15:48.197-07:00

WHILE the opening of the Cambodia Securities Exchange garnered the most attention on Monday, another project in Canadia Tower’s shadow also saw its official start: the Boeung Kak lake development. The fact the CSX launched with no companies ready to trade illustrates the problems entrenched in Cambodian business, namely the lack of transparency and accountability. Although the exchange

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-9261755452027935612011-07-19T02:13:00.000-07:002011-07-19T02:13:11.717-07:00

Cambodian banks' customers have an array of options to choose from, but industry insiders are split on whether the large number of commercial banks best serves the sector. Twenty-nine commercial banks were operating in the Kingdom at the end of 2010 – too many, given the country’s population of 14 million, according to some bankers. “The system overall would be stronger if you had a

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-67788606444312090882011-07-11T02:55:00.001-07:002011-07-11T02:55:47.291-07:00

THE Cambodian Securities Exchange officially launches today after years of planning and delays, though insiders said yesterday stock trading isn’t expected until the end of the year. However, government officials, investors and academics applauded the launch, saying it would advance transparency in the country and offer a new path for economic growth. The bourse was a joint venture between

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-24693427986420870322011-07-08T09:02:00.000-07:002011-07-08T09:02:38.145-07:00

DESIGNATED broker Sonatra Securities inaugurated its operations yesterday ahead of the Cambodian Securities Exchange launch next week. Sonatra Securities is one of four firms licensed by the Securities and Exchange Commission of Cambodia to act as brokers, meaning it can buy and sell shares on behalf of clients for a fee. Sonatra chief executive  Sorn Sokna said the launch of the firm was

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-48522153894086463512011-06-20T22:58:00.001-07:002011-06-20T22:58:56.200-07:00

Mobile service providers are looking beyond the scratch card for methods of adding credit to prepaid mobile phone accounts. ANZ Royal Bank inked an agreement with operator Beeline on Wednesday allowing top ups at the Bank’s ATM network, which ANZ Royal CEO Stephen Higgins said will cut down on scratch cards. “This service eliminates the use of scratch cards, which is a tremendous step in

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-79080780706704600272011-06-20T22:57:00.000-07:002011-06-20T22:57:49.629-07:00

AMONG the most competitive mobile phone sectors on the planet, Cambodia in January saw nine operators drop to eight competing for just 15 million people when Smart Mobile merged with Star Cell in a market that has mostly competed on call charges over the past two years. But news last week that Smart Mobile is set to roll out 3.75G mobile internet across the country by the end of next

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-71651284770521731442011-06-18T08:05:00.000-07:002011-06-18T08:05:21.637-07:00

DOMESTIC lending soared 25 percent in 2010 as banks eyed emerging opportunities in growth sectors, according to National Bank of Cambodia statistics. Total lending among the Kingdom’s 29 commercial banks and six specialised banks reached US$3.31 billion at the end of 2010, up from $2.64 billion in 2009, on banks’ shifting lending strategies, the NBC’s Supervision Report 2010 showed.

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-47695517031820638462011-06-18T08:03:00.001-07:002011-06-18T08:03:56.117-07:00

ACLEDA has overtaken Cambodian Public to become Cambodia’s largest bank in terms of total assets, according to statistics from the National Bank of Cambodia. Already Cambodia’s largest bank by number of branches, ACLEDA also outpaced its competitors in net profits and total deposits in 2010, the NBC’s Supervision Report 2010 shows. The bank’s growth was the result of long-term investment

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-92113804123271580942011-06-18T07:58:00.000-07:002011-06-18T07:58:16.508-07:00

SMART Mobile’s 3.75G service seeks to capitalise on the coming boom in the Kingdom’s mobile internet market, Chief Executive Officer Thomas Hundt said. Experts put Cambodia’s internet penetration at less than 1 percent, and there are still many part of the country that Internet Service Providers have yet to reach. Hundt said internet-enabled phones will fill those gaps. “Internet is still

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-63268102496324710112011-06-18T07:57:00.001-07:002011-06-18T07:57:29.980-07:00

HELLO’S parent Axiata Group was named “Best Telecom Group of the Year” for 2011 by research and consultancy firm Frost & Sullivan, the Malaysia-based telecom has announced. This is the third year in a row that Axiata has won the category, which is a part of Frost & Sullivan’s Asia Pacific ICT Awards, the company said in a statement. Hello chief executive Simon Perkins congratulated Axiata

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-85922073406935638442011-06-11T00:22:00.001-07:002011-06-11T00:22:58.738-07:00

The main hurdles facing Cambodia’s planned stock exchange are transparency and accountability, according to experts. Markets in emerging countries generally face higher risk, but Cambodia is putting the regulations in place to address these concerns, bourse officials said. The market has the potential to provide more source of capital, but investors require a certain degree of openness,

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-69416850357529290622011-06-11T00:19:00.001-07:002011-06-11T00:19:47.473-07:00

Until last December, Canadia Bank and its property investment offshoot Overseas Cambodian Investment Corporation (OCIC) weren’t having a good run. After over-exposing itself to the property sector, which had entered a full-blown slump by the second half of 2008, the bank recorded non-performing loans of US$45.5 million for the year – more than 11 per cent of its total portfolio. Although

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-72799872984073140452011-06-06T20:09:00.000-07:002011-06-06T20:09:11.090-07:00

Foreign direct investment helped to boost insurance premium revenues 27 percent in the first quarter of the year, while claims broke a multiyear trend and fell, officials said. Total premium revenues jumped to US$6.8 million in the first quarter, up from $5.7 million in the same period of 2010, according to the General Insurance Association of Cambodia. The biggest growth was seen in

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-59341792661568180202011-06-06T20:07:00.001-07:002011-06-06T20:07:39.471-07:00

CANADIA Bank plans to quadruple its lending to the agriculture sector this year to US$100 million, particularly targeting rice millers, according to its President Pung Kheav Se. The increase comes as Cambodia targets growth in the agriculture sector and demand for rice exports continue to increase, he said. “We see the demand for rice export increasing every year, so we will offer loans of

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-81838320106640636172011-06-06T20:06:00.000-07:002011-06-06T20:06:25.959-07:00

BEELINE’S parent company VimpelCom claimed a 54-percent jump year-over-year in active subscriptions for Cambodia in its first quarter results released yesterday. The Amsterdam-based telecom firm also reported that revenues soared 73 percent compared to the same period in 2010, while quarter-on-quarter subscriber numbers and revenues increased 16 percent and 11 percent, respectively. 

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-67592343556251196702011-06-06T20:01:00.000-07:002011-06-06T20:01:22.245-07:00

CAMBODIA’S rubber industry has expanded rapidly in recent years, but a variety of challenges restrict further advancement of the increasingly lucrative crop, according to experts. Low-tech materials, quality, maintenance, harvesting and climate change were among the main concerns raised by Director General of Rubber Department Ly Phalla, at a workshop held Friday aiming to improve yields.

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-60755472758523015122011-06-06T19:59:00.001-07:002011-06-06T19:59:50.429-07:00

EMPHASIS on organic growth in Cambodia’s overcrowded mobile market may have waned as consolidation is increasingly viewed as the best path to growth, according to one industry insider. While Axiata-owned Hello has launched a spate of promotions to attract customers since February, few of its competitors followed suit, its Chief Executive Officer Simon Perkins said. “I think what we’ve seen

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-66802159393274097912011-05-23T22:49:00.001-07:002011-05-23T22:49:46.625-07:00

INVESTING in the Kingdom’s planned stock exchange is a risky but potentially highly rewarding proposition, Cambodia experts told a group of regional investors. Speaking at a conference hosted by DFDL Mekong Legal and Tax Advisers in Singapore on Friday, experts outlined the preparations of the Cambodia Securities Exchange to an audience of regional investors. Investors could expect more

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-70162691705065530532011-05-23T22:48:00.001-07:002011-05-23T22:48:46.659-07:00

CAMBODIA’S micro-insurance industry could launch as soon as August, as officials say rules governing the sector are nearing completion. The Ministry of Economy and Finance aims to hold a meeting to receive public feedback this month before finalising regulations drafted last year, the Ministry’s Insurance Division Head In Meatra said. “We hope that we will launch [micro-insurance] sometime

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-42059871733049638022011-05-20T08:23:00.001-07:002011-05-20T08:23:37.994-07:00

“THIS issue is all over now so I’m not looking back,” Kay Lot, Mobitel’s Chief Operating Officer, said yesterday after the central bank last week finally licensed Cellcard Cash to accept remittances. But after eight months of testing the patience of the National Bank of Cambodia, the funders of the programme The Bill and Melinda Gates Foundation and indeed the rest of the sector, why did

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-34979198621452854552011-05-20T08:22:00.001-07:002011-05-20T08:22:33.656-07:00

CAMBODIA’S micro-insurance industry could launch as soon as August, as officials say rules governing the sector are nearing completion. The Ministry of Economy and Finance aims to hold a meeting to receive public feedback this month before finalising regulations drafted last year, the Ministry’s Insurance Division Head In Meatra said. “We hope that we will launch [micro-insurance] sometime

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-17328114229114229312011-04-30T21:09:00.000-07:002011-04-30T21:09:59.872-07:00

The microfinance sector saw increased demand for loans particularly from small and medium enterprises and the agricultural sector during the first quarter of the year, according to industry insiders. Domestic microfinance lending, excluding ACLEDA Bank, totalled US$473.4 million at the end of the first quarter, a 51.4-percent increase from the end of the fourth quarter last year, according

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-66497963350801947802011-04-30T20:54:00.000-07:002011-04-30T20:54:54.720-07:00

Firms around the world depend on several sources of capital to finance their businesses. The stock market provides long-term equity financing, the bond markets provides debt financing, and the bank market provides loans. Cambodia will soon have an equity and bond market, but historically, businesses have been financed through owner’s equity and bank borrowing.   Thus banks play an

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-2539433103297443202011-04-30T17:10:00.001-07:002011-04-30T17:10:44.092-07:00

Increased lending from the Kingdom’s 30 commercial banks during the first quarter was largely due to increased demand from the domestic agriculture sector, according to National Bank of Cambodia Director General and Spokeswoman Nguon Sokha. Lending at the end of March  totalled US$3.467 billion, a 4.33 percent increase on $3.323 billion extended by Cambodia’s banks on December 31, 2010, she

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-47901021636777596772011-04-30T17:09:00.001-07:002011-04-30T17:09:37.949-07:00

Officials yesterday said they aim to pass a long-awaited law governing the telecommunications sector by the close of 2011, a year and a half after domestic telecom companies last provided input for the law. Minister of Posts and Telecommunications So Khun said there was an inter-ministry meeting on Monday at the Council of Ministers that discussed the law, and that negotiations were ongoing

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-76851442761478510772011-04-30T17:08:00.000-07:002011-04-30T17:08:08.300-07:00

PRIME Minister Hun Sen yesterday said Cambodia has alternatives to purchasing Thai goods, as officials claimed two closed border gates in Oddar Meancheay province have disrupted local commerce. The premier said the Kingdom could easily look to other markets to supply its needs. “If Thailand closes the border, Cambodia will stop purchasing all goods from Thailand,” he said in a speech

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-85961805079909058772011-04-30T17:06:00.001-07:002011-04-30T17:06:47.599-07:00

THE United Arab Emirates will review beginning direct flights between Dubai and Phnom Penh, according to Minister of Tourism Thong Khon. The minister spent much of last week in Dubai, where Dubai Civil Aviation Authority President and Chairman of Emirates Airline Sheik Ahmed bin Saeed Al Maktoum pledged to review a 2005 Memorandum of Understand to establish the flights, he said yesterday.

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-74440277838698491802011-04-30T17:05:00.000-07:002011-04-30T17:05:32.203-07:00

Prime Minister Hun Sen’s threat on Wednesday to cease all imports from Thailand may have helped further stoke nationalistic fervour as clashes continued on the border, but in reality Cambodia stands to lose out much more than its neighbour should bilateral trade collapse. While Thailand represents Cambodia’s biggest trade partner worth some US$2.54 billion last year, the other way round

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-45307962574679874852011-04-30T17:04:00.000-07:002011-04-30T17:04:05.780-07:00

Cheveron Cambodia President Steve Glick’s arrival in Phnom Penh this week has been touted as a sign of the firm’s commitment to its offshore Block A oil project. The company is actively exploring offshore Block A, and plans to make a final investment decision on whether to proceed by the end of 2011, according to company officials. “Chevron is committed to this project, and building our

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-17019177999442405062011-04-23T07:46:00.000-07:002011-04-23T07:46:27.798-07:00

Health experts have announced that a dengue vaccine could be available within four years, sparking concerns about future supply for populations in developing countries at most risk of contracting the mosquito-borne virus. According to an article published by the United Nations IRIN news service, experts said that pending the results of ongoing clinical trials, dengue immunisation could

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-27426378856329004922011-04-23T07:44:00.000-07:002011-04-23T07:44:37.312-07:00

Trade between Cambodia and Vietnam increased by nearly 50 percent in the first three months compared year on year, according to statistics from the Vietnam Trade Office in Phnom Penh. Officials credited a general economic upswing in both countries for the increase yesterday, as Vietnamese Prime Minister Nguyen Tan Dung visits Cambodia this weekend. “The growing bilateral trade between

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-27905065281188348292011-04-11T06:57:00.000-07:002011-04-11T06:57:00.858-07:00

The circulation of counterfeit and substandard drugs is stifling efforts to combat infectious diseases in the Kingdom, government officials and health experts said yesterday. Dr Margaret Chan, director-general of the World Health Organisation, said in a statement released at the World Health Day conference to Combat Drug Resistance in Phnom Penh, that the misuse of antimicrobial medicines

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-41718818330468039822011-04-06T17:21:00.001-07:002011-04-06T17:21:56.322-07:00

Short selling is a trading technique of selling a borrowed asset from a third party with the intention of purchasing the asset back profitably at a lower price, and returning the identical asset to the third party lender.  It is a form of reverse trading.  In finance, this generally involves the short selling of stock, bonds, commodities or derivatives to profit from falling prices.  It is

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-8724311770576807402011-04-06T17:20:00.000-07:002011-04-06T17:20:15.594-07:00

SMART Mobile plans to launch 3G service next month, while its merger with Star-Cell has largely wrapped up, according to Chief Executive Officer Thomas Hundt. “We are developing nicely, with momentum from the merger,” he said, adding its 3G in particular was “an extremely nice add-on.” The firm aims to operate the 3G service in all 24 provinces by year’s end, though it will initially be available

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-61721453049265260902011-03-15T07:32:00.000-07:002011-03-15T07:33:40.558-07:00

Snow’s bar has long been a refuge for expatriates and locals wishing to escape Phnom Penh’s city centre and delight іn a drink by the Tonle Sap.Bυt the makeup of the business community around іtѕ home in Chroy Changvar is changing, as multi-million dollar developments gather pace on the capital’s peninsular.Thе relaxed atmosphere асrοѕѕ the Cambodian-Japanese Friendship Bridge first attracted Ian

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-59510082199556575312011-03-15T07:28:00.000-07:002011-03-15T07:31:16.136-07:00

MALAYSIAN businesses are searching for opportunities in Cambodia following a high-profile visit of Prime Minister Najib Tun Razak last year, the Malaysian ambassador in Phnom Penh has ѕаіԁ.Following the premier’s Mау visit, during which deals value a reported US$1 billion were signed, he has observed that many business trips have been made to Cambodia.“Wе had five companies which were investing

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-19139227614022277902011-03-10T02:01:00.000-08:002011-03-10T02:03:37.585-08:00

Cambodian banks need not dwell on the fallout from the recent Vietnamese currency scam. Although ATMs in the Kingdom were in some cases cleaned out by Vietnamese taking advantage of the huge gap between the official and black-market rates for the dong, it was Techombank across the border that bore the financial brunt losing an estimated US$1.5 million.The main lesson Cambodia should take from

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-38349715455658118072011-03-10T01:43:00.000-08:002011-03-10T01:57:09.918-08:00

In the third of hіѕ columns amplification financial terms, Anthony Galliano, chief executive officer of Cambodian Investment Management, talks about investment banks and underwriting.Corporations or governments that make the сhοісе to sell ownership in their companionship through an initial public offering generally engage the services of an investment bank to hеƖр in structuring the transaction

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-2901975637104758022011-01-27T17:48:00.000-08:002011-01-27T17:49:56.597-08:00

SMART Mobile is in the testing phase to launch WiMAX at “practically 4G” speeds on its network, its chief executive officer Thomas Hundt said.WiMAX is a method of “last mile” internet delivery, where the internet is accessed using wireless technology. The technology – to be accessed by computers only – is likely to be the first of its kind launched in Cambodia, said Hundt.He declined to reveal

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-8699422535819376762011-01-27T17:47:00.000-08:002011-01-27T17:48:25.060-08:00

THE Kingdom’s leading insurers said premium revenues increased by 24 percent in 2010, with officials saying the concept of insurance is "catching on" in Cambodia.Figures released from the General Insurance Association of Cambodia show premiums grew by 24 percent to US$24.9 million in 2010, from $20.08 million during the year previously.“In 2010, the insurance sector stood in a very good position

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-42095789718761524372011-01-27T17:45:00.000-08:002011-01-27T17:46:53.392-08:00

Analysts yesterday remained hopeful of a construction revival in 2011, despite new government data which revealed the value of approved building projects plummeted nearly 58 percent last year.Ministry of Land Management, Urban Planning and Construction data showed that 2,149 construction projects worth a combined US$840 million were approved last year. That compared to 2,230 projects worth $1.988

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-31293764774812191152011-01-27T17:43:00.000-08:002011-01-27T17:45:03.405-08:00

Total lending from the Kingdom’s 23 microfinance institutions increased by 33 percent in 2010, while the average non-performing loan (NPL) rate edged downwards, according to data from the Cambodia Microfinance Association.Some US$647 million was extended by the MFIs – including ACELDA Bank’s small loans – up from $485 million the year previously. CMA chairman Chea Phalarin said an improving

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-90171586381501424632011-01-25T09:10:00.000-08:002011-01-25T09:11:46.731-08:00

Government tax revenue from transferring, leasing and selling property increased 60 percent in 2010 over the previous year, according to figures from the Ministry of Land Management, Urban Planning, and Construction.An increase in activity in the property sector had generated growing revenues, Ministry spokeswoman Nun Pheany claimed yesterday.“We hope tax revenue will gradually increase in 2011

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-47080327448140331722011-01-25T09:07:00.000-08:002011-01-25T09:08:48.084-08:00

Director General of the Ministry of Tourism Tith Chantha has signed a memorandum of understanding with Malaysia-based consultancy firm Discovery Mice to co-organise the 2011 World Ecotourism Conference in Sihanoukville.“Our country has a lot of ecotourism areas and a lot of potential for tourists,” said Tith Chantha at the Wednesday signing. “We want to do this event because we want Cambodia to

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-28840427912825773332011-01-25T09:05:00.000-08:002011-01-25T09:07:07.409-08:00

How many mobile phone users are there in Cambodia?According to Minister of Posts and Telecommunications So Khun this week there are now some 9.8 million subscribers, a figure that is publicly supported by the majority of the Kingdom’s eight operators. After all, they provided the numbers.But privately, every mobile phone executive in Cambodia knows there is nowhere near this level of

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-31400811710665663032011-01-25T09:03:00.000-08:002011-01-25T09:05:15.929-08:00

Cambodian are increasingly using the internet, but pricing and penetration levels lag behind much of ASEAN, according to experts.The Kingdom had some 173,675 internet subscribers in 2010, compared to 29,589 in 2009, according to the Ministry of Posts and Telecommunications.“Cambodian citizens have been receiving more chances to obtain fast internet access,” said Minister So Khun on

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-37375384487703592472011-01-25T09:01:00.000-08:002011-01-25T09:02:53.371-08:00

Chevron Corp, the second-biggest United States oil company and operator of Cambodia’s off-shore Block A, may start producing natural gas at a new project in the Gulf of Thailand by the year-end, said Jim Blackwell, president for Asia-Pacific exploration and production.The US$3.1 billion Platong Gas II will produce about 330 million cubic feet of gas a day, said Joseph Geagea, managing director

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-39773603648500960202011-01-25T08:58:00.000-08:002011-01-25T09:00:57.316-08:00

A representative from a Hong Kong-based financial industry body and training school inked an agreement with a Cambodian institute today to improve human resources for the Kingdom’s planned stock exchange.The memorandum of understanding will see the Hong Kong Securities Institute assist the Kingdom-based Financial Institute of Cambodia by providing advice on training curriculums.The deal also

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-634178198709384782011-01-25T08:56:00.000-08:002011-01-25T08:58:05.270-08:00

The chief executive officer of ANZ Banking Group said yesterday the bank would take an “opportunistic” approach towards the 36-storey Royal Tower, following reports that the Cambodian conglomerate behind it was still raising capital for the project.The Royal Group-backed tower is set to be located in Phnom Penh, at the corners of Monivong and Russian Federation Boulevards.Artist impressions of

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-43608189783096565552011-01-25T08:55:00.000-08:002011-01-25T08:56:16.039-08:00

Minister of Posts and Telecommunications So Khun warned telecommunications companies yesterday to respect government-imposed minimum pricing on calls or face action – including having their licences revoked.“If companies charge below the minimum pricing prakas, the ministry will discipline them,” he said, according to a translation.The Ministry imposed a prakas in late 2009 that set a pricing

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-55732683351526380402011-01-25T08:53:00.000-08:002011-01-25T08:54:40.284-08:00

The Kingdom’s garment exports increased 26 percent in 2010, over the year previous, according to figures received from the Garment Manufacturers Association of Cambodia.Garment exports were worth a total of US$2.99 billion in 2010, compared with $2.38 billion for 2009, the figures show.The Kingdom was picking up business that had previously been sourced to China, as many workers in the China had

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-91586108104669363502011-01-25T08:51:00.002-08:002011-01-25T08:53:01.604-08:00

Prime Minister Hun Sen has said that Cambodia’s GDP grew by 5.5 percent in 2010, an 0.5 percent rise compared to a projection he made earlier last year.The International Monetary Fund, World Bank, Asian Development Bank, and Economic Institute of Cambodia, have projected the economy grew by 4.8 percent, 4.9 percent, 5 percent and 6.5 percent respectively last year.“2010 was a good year for

CamboTodaynoreply@blogger.comtag:blogger.com,1999:blog-8562730219064375564.post-2958802807939250372011-01-25T08:51:00.001-08:002011-01-25T08:51:50.534-08:00

Water prices for commercial customers in Siem Reap are set to rise next month, in order to raise revenue for a US$5.7 million water distribution system.A new $8 million water plant is being built by KTC Korea Company, according to Siem Reap Water Supply Authority deputy director Jeav Channy, but the body needs to spend millions to be able to distribute water from the facility.“The main purpose of

CamboTodaynoreply@blogger.com