Cambodian Government Agrees In Principle to Risda Opening Rubber Estates
February 27th, 2013, Bernama, Agriculture & Agri-business, Agro-Industry, Business & Commercial Development, Foreign Investment, Industry, International Relations
The Cambodian Government has agreed in principle with Rubber Industry Smallholders’ Development Authority (RISDA) to open 20,000 hectares of rubber estates in that country on a joint venture basis, its Chairman Tan Abdul Tamby said.
The former Melka chief minister said… the Federal Government through the Finance Ministry has agreed to the joint venture and has set up the two companies in Cambodia. …
“We hope we can achieve what we have achieved in our country. We’re waiting for them to allocate land. We’ve conducted suitability studies in Cambodia.” …
Bernama News Staff
http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=930464
Cambodia’s Parliament Ratifies Conventions On Nuclear Safety
November 14th, 2012, Bernama, Climate Change, Disasters & Disaster Management, Economics, Electricity, Energy, Environment & Natural Resources, Environmental change, News Source
The National Assembly of Cambodia on Wednesday ratified two international conventions on Early Notification of a Nuclear Accident or Radiological Emergency and Nuclear Safety to maintain security and prevent nuclear proliferation. …
“Cambodia has neither nuclear power plant nor chemical weapon plant; Cambodia is a country that loves peace, stability and safety,” said Pal Sam Oeun, vice chairman of the National Assembly’s Commission on Interior, National Defense, Investigation, Anti-Corruption and Public Function. …
BERNAMA
http://www.bernama.com.my/bernama/v6/newsindex.php?id=709118
Thailand Urges Cambodia To Consult Asean On Nuclear Power Project
October 10th, 2012, Bernama, Construction, Energy, Infrastructure, International Relations
Thai Army Chief General Prayuth Chan-ocha has called on neighbouring Cambodia to consult with member countries of the Association of Southeast Asian Nations on its reported plan to develop a nuclear power project. General Prayuth said the Cambodian nuclear power project has “pros and cons” and that Phnom Penh needs to discuss with other ASEAN members before proceeding with the project, Thai News Agency TNA reported…
Bernama Staff
http://www.bernama.com/bernama/v6/newsindex.php?id=700827
Late Monsoon Rain Causes Damages to Cambodia’s Rice Crop
August 29th, 2012, Bernama, Agriculture & Agri-business, Climate Change, Reports, Rice
Cambodia continues to suffer from drought with tens of thousands of hecters of rice seedlings in the cities and provinces affected.
A report from the National Committee for Disaster Management said on Wednesdasy as of August 21st drought has damaged 11,350 hectacres of rice seedlings in 14 cities and affected another 139,350 hectacres in other provinces…
Bernama Staff
http://www.bernama.com/bernama/v6/newsworld.php?id=690637
Cambodia Offers Rice To Indonesia – Bernama
August 28th, 2012, Bernama, Agriculture & Agri-business, Business & Commercial Development, Exports, Foreign Investment, Imports, International Relations, Rice, Trade
Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years…
On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia…
Bernama Staff
http://www.bernama.com/bernama/v6/newsworld.php?id=690200
Cambodian PM Removes City Governor For Shooting Allegation
March 8th, 2012, Bernama, Garment Industry, Labor, Social Concerns
The Governor of Bavet city Chhouk Bundit, who is suspected of being involved in shooting three garment workers last month, was removed from his position to make way for the court to look into the case.
“Prime Minister Hun Sen signed a letter on Monday to remove him (Chhouk Bundit) from the post to enable the court to carry out investigations into the case,” Svay Rieng province deputy governor Svay Rieng told Xinhua news agency Thursday.
On March 5, the Svay Rieng Provincial Court issued a letter to summon Chhouk Bundit for questioning for his role in the alleged shooting of three garment workers on February 20. ….
The shooting incident took place at the Manhattan Special Economic Zone (SEZ) situated in Svay Rieng province’s Bavet city, where some 3,000 workers from three factories — Kingmaker Footwear, Kaoway Sports and Sheico — were staging a protest seeking a salary increase.
Bernama
http://www.bernama.com/bernama/v6/newsworld.php?id=650782
Halim in Cambodia RM2bil agriculture joint venture
October 17th, 2011, Bernama, Agriculture & Agri-business, Business & Commercial Development
PHNOM PENH: Malaysia expects to minimise its dependence on imports of animal feed and lessen the impact of the global food crisis by 2020 under the reciprocal investment policy, Agriculture and Agro-based Minister Datuk Seri Noh Omar said.
One such initiative under the policy was the signing of an agreement between Markmore Group of Malaysia, represented by chairman Tan Sri Halim Saad, and Cambodia’s Paragon Corp, represented by its chairman Marc Perman, here recently.
The two companies, will among others, invest RM2bil to develop 400,000ha in Kampung Cham, Kratie and Mondulkiri.
Noh told reporters that the Government aspired to create a food supply value chain and livestock breeding under the National Agro Food Policy 2011-2020….
Bernama
http://biz.thestar.com.my/news/story.asp?file=/2011/10/17/business/9710198&sec=business
Cambodia to fall short in rice exports due to flooding
October 4th, 2011, Bernama, Disasters & Disaster Management, Economics
Phnom Penh–Cambodia’s rice exports to foreign countries this year will fall short from the amount that was expected earlier, due to the flooding, said President of the Federation of Cambodian Rice Millers Association Phou Puy on Tuesday.
The flooding has hit the country since August, will affect the rice yield and the amount for exports to foreign countries, as it will be short of about 300,000 tonnes of milled rice, China’s Xinhua news agency reported, citing Puy as saying.
However, he said, this effect will not disturb the government’ s rice policy to export at least one million tonnes of milled rice to foreign countries by 2015.
To date, Cambodia has exported rice to only Asian and European nations. Soon, it will expand to other countries across the continents.
Cambodia’s 2011 Economic Growth Expected To Be 6.8 Per Cent, Says ADB
September 14th, 2011, Bernama, Business & Commercial Development, Economics, Industry
KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB).
This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per cent in April.
The Asian Development Outlook 2011 (ADO) update released today, said the revision is mainly driven by a surge in garment exports, in the first half of 2011.
“The value of Cambodia’s garment exports to the United States in the first six months of this year compared to the same period of 2010 increased by over 23 per cent while tourism arrivals increased by more than 13 per cent and rice exports are on an upward trend,” the ADB said in a statement today.
http://www.bernama.com/bernama/v5/newsbusiness.php?id=613443