Indian delegation to visit Vietnam, Cambodia to discuss issues pertaining to pharma trade

January 6th, 2015 ,

A high level Indian delegation from the department of commerce and trade, government of India, is expected to visit Vietnam and Cambodia this month to discuss various issues pertaining to pharma trade and improve business ties with the two South East Asian countries.

Rajeev Kher, secretary, Department of Commerce and Trade, Government of India, is expected to lead the high level delegation to Vietnam and Cambodia during January 19-24, 2015. The main aim of the high level delegation is to discuss various bilateral issues pertaining to trade and commerce between India, Vietnam and Cambodia. …

A Raju Hyderabad

India’s rice dump may impact local exports

June 25th, 2014 , The Phnom Penh Post

With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. …

David Van, acting secretary-general of a newly established Cambodia Rice Federation, said the extent of the effects of five million additional tonnes of rice into the Indian market is hard to measure at this time. But he acknowledged that India’s move could effect how much of the grain Cambodia is capable of exporting.

“Should the Indian government indeed pour more volume into the global rice trade with softer prices, the global market prices would certainly be affected as prices could continue to soften, thereby driving further to the edge Cambodia’s ability to export,” he said. …

May Kunmakara

Cambodia sees big jump in construction investment in first quarter

May 22nd, 2014 , Shanghai Daily

Cambodia’s construction sector received a total investment of 851 million U.S. dollars in the first three months of 2014, up 311 percent compared with 207 million U.S. dollars over the same period last year, the official figures showed Thursday.

During the January-March period this year, the Ministry of Land Management, Urban Planning and Construction provided licenses to 50 construction projects, up 39 percent from 36 projects over the same period last year. …

Shanghai Daily News Staff

MEA, WAPCOS sign agreements for assisting Cambodia in water resources management

May 13th, 2014 , NetIndian News

The Ministry of External Affairs today signed two agreements with the public sector WAPCOS Limited for assisting Cambodia in water resources management.

One of the agreements is on Study of Ground Water Resources of Kampong Spue Province in Cambodia and the other on Development of Master Plan for Siem Reap River Basin in Cambodia, an official press release said here today.

The agreements were signed here by Mr Sanjay Bhattacharyya, Joint Secretary (South) in the Ministry of External Affairs and Mr R.K. Gupta, Chairman-cum-Managing Director, WAPCOS Ltd. …

NetIndian News Network

How can ASEAN realize its economic integration by 2015?

April 28th, 2014 , The Cambodia Herald

The Association of the Southeast Asian Nations, known as ASEAN, has chosen 2015 as the year to realize its economic integration as the ASEAN Economic Community. Yet, there are only several months left, ASEAN doesn’t seem​ to be ready. How can ASEAN realize this goal?

Although ASEAN has expedited its economic integration process, the goal to turn all Southeast Asian Countries into an ASEAN Community by 2015 as the EU model won’t be achieved. But if ASEAN really achieve it in 2015, it won’t be a substantive achievement because there are only 8 months left before 2015. …

The Cambodia Herald News Staff

India pledges millions in loans to Cambodia

April 10th, 2014 , The Cambodia Daily

Anil Wadhwa, India’s deputy foreign minister, met with Foreign Minister Hor Namhong on Wednesday and promised to honor his request for millions of dollars in loans, a spokesman said. …

He [Foreign Affairs Ministry spokesman Koy Kuong] said that Mr. Namhong then requested money to complete an electric transmission line between Kratie and Stung Treng provinces.

“India has already helped with $30 million but it is not yet complete. The deputy prime minister [Mr. Namhong] asked for further loans of $20 million to complete this project,” Mr. Kuong said.

Mr. Namhong also requested $37 million for a “water resources development” project in Kompong Speu province, he added.

Khuon Narim

Cambodia, India discuss ways to promote bilateral ties

April 9th, 2014 , Xinhuanet News

Cambodian and Indian senior diplomats on Wednesday discussed ways to strengthen and expand bilateral relations and cooperation for mutual benefits of the two countries and peoples.

The talk was made between Cambodian deputy Prime Minister and Foreign Minister Hor Namhong and Indian Ministry of External Affairs Secretary (East) Anil Wadhwa. …

Xinhuanet News Staff

Cambodia leads doubts over AEC

April 7th, 2014 , The Diplomat

In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015.

“If you talk about short-term: Yes, we are not ready,” Chuop Narath, deputy director of the department of employment and manpower at Cambodia’s Labor Ministry, said during a recent labor rights forum.

ASEAN officials and senior ministers from each government of the 10-member trading bloc have been adamant—after several setbacks—that a single regional market would fly by the end of Myanmar’s turn as chair next year.

However, doubts have persisted over their insistence, particularly in regards to poorer members like Cambodia, Laos, Vietnam and Myanmar. This is in part due to the marked cultural differences within the Association of Southeast Asian Nations (ASEAN). …

Luke Hunt

Experts discuss legitimacy of Government without Opposition

April 1st, 2014 , VOA Khmer

Diplomats, legal experts and political analysts all met in a forum in Phnom Penh Tuesday to discuss the implications of last year’s election and the ongoing political deadlock.

Some diplomats, like Dinesh Patnaik, India’s ambassador to Cambodia, questioned the legitimacy of a government the opposition refuses to join. …

Kong Sothanarith, Khoun Theara

Government says drug seizures, trafficking rose in 2013

March 25th, 2014 , The Cambodia Daily

Drug seizures jumped last year, while drug arrests remained relatively steady, according to the annual report from the National Authority for Combating Drugs (NACD) released Monday.

As in 2012, methamphetamine retained its position as the most commonly seized type of drug.

Police confiscated 17.3 kg of methamphetamine pills last year, a jump from the 10.6 kg seized in 2012. Some 32.4 kg of methamphetamine powder was seized last year, compared to 28 kg in 2012, according to the NACD report. …

Khy Sovuthy

Cambodian PM holds opposition-backed unions responsible for future factory closures due to strikes

February 25th, 2014 , Xinhuanet News

Cambodian Prime Minister Hun Sen said Tuesday that the opposition-aligned unions, inciting garment workers to stage strikes for higher wages, must take responsibilities for any future closures of factories.

“The government has worked very hard to attract investors to build factories and has urged manufacturers to increase wages for workers every year,” he said during the inauguration of a coal- fired power plant in Preah Sihanouk province.

“We wait and see if any factories close doors due to demonstrations or strikes demanding higher wages,” the prime minister said. “When investors close factories, (unemployed) workers should hold protests against those inciting unions and demand those inciters to find jobs for them.” …

The prime minister’s remarks came after a coalition of 18 opposition-aligned trade unions and associations have incited garment and footwear workers to boycott working overtime since Monday to demand a 160 U.S. dollars minimum wage and the release of 21 detained protesters. …

Xinhuanet News Staff

Indian cultural week to kick off in Cambodia Thursday

February 12th, 2014 , Xinhuanet News

The Festivals of India including a photo show and dance performances will be held in Cambodia’s Phnom Penh and Siem Reap cities from Feb. 13 to Feb. 19, according to a media statement from the Indian Embassy in Cambodia on Wednesday. …

Speaking at a press briefing Wednesday, Indian Ambassador to Cambodia Dinesh K. Patnaik said the event is aimed at promoting cultural relations between the two countries. …

Xinhuanet News Staff

India urges more trade action

January 30th, 2014 , The Phnom Penh Post

The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade.

Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting goods to and from Cambodia are paying port fees estimated to be as much as $800 per 20-foot container, compared with $400 in Vietnam.

Consequently, Patnaik described how instead of shipping directly to and from Sihanoukville Autonomous Port, Indian businesses are sending goods to Vietnam’s Ho Chi Minh port and moving them overland.

“Indian businesses are opting to ship bulk to Ho Chi Minh port as their main entry point, then transporting by road to Cambodia,” he said. “Cambodia’s government needs to keep port prices down.”

His second complaint refers to a 2009 duty-free trade agreement under which the Indian government grants Cambodia an 85 per cent reduction on Indian customs fees. …

According to the Indian Department of Commerce, volumes (imports and exports) between India and Cambodia increased nearly 17 per cent, from $106 million in the 2011-2012 fiscal year to $124 million in the 2012-2013 period. India’s fiscal year runs from April 1 through March 31. …

Eddie Morton

Water Resources Minister Seeks Investigation Into Exported Sand

November 12th, 2013 , The Cambodia Daily

Minister of Water Resources and Meteorology Lim Kean Hor said Monday that he would seek an investigation into a $1.5-million haul of river sand exported to India in April in spite of a ban on the export of dredged sand handed down by Prime Minister Hun Sen in 2009.

India’s Deccan Chronicle reported last week that about 30,000 tons of Cambodian river sand had been sitting on the docks of the southern Indian port city of Cochin for more than six months, having been repeatedly denied customs clearance since its arrival.

Documents from a case at the Kerala State High Court over the quarantine of the consignment revealed a Koh Kong province river as the origin of the sand.

Mr. Kean Hor said that he would like to see the export of the sand investigated but ex­plained that the Committee for Sand Resources Management within his ministry only had the power to request such an investigation and not actually carry one out. …

Hul Reaksmey

Despite Ban, $1.5M of Cambodian Sand Turns Up in India

November 8th, 2013 , The Cambodia Daily

A huge haul of river sand dredged in Cambodia has been quarantined at the southern Indian port city of Cochin since its arrival in April despite a ban on sand exports instituted by Prime Minister Hun Sen in 2009.

India’s Deccan Chronicle news­paper reported on Tuesday that a shipment of river sand imported from Cambodia by Indian company Raja Steel Private Ltd. has been sitting in the docks of Cochin for the past six months, having been repeatedly denied customs clearance.

“More than 32,000 tonnes of sand imported from Cambodia remains dumped at the Cochin Port for more than six months,” the report says, citing fears that the piles of sand could “cause ecological impacts as they could contain microorganisms or other biological materials.”

A Times of India report published in June says the consignment of sand is worth about $1.5 million. …

Minister of Water Resources and Meteorology Lim Kean Hor confirmed Thursday that the export ban is still in place.

“The ban has not yet lifted,” Mr. Kean Hor said. “There are few places where small-scale dredging of sand is allowed because it would affect construction, for example, but dredging for export is totally prohibited.” …

A collection of videos posted to YouTube in March and April this year under the name Zhuang Yong shows river sand being dredged onto a ship that is identified in a video title as the Hongxin Blue Sea ship.

A caption on one video identifies the location of the dredging operation as Koh Kong’s Sre Ambel district.

Contacted on Wednesday on a telephone number linked to the YouTube account, Mr. Yong confirmed that he worked for a sand dredging firm in Koh Kong province. However, Mr. Yong declined to identify the name of the company he worked for and referred questions to LYP Group.

LYP is owned by prominent businessman and CPP Senator Ly Yong Phat. Despite the sand export ban, LYP was issued a license in September 2010 to dredge sand from Koh Kong’s Tatai River.

On July 16, 2011, the Water Resources Ministry ordered LYP to stop dredging on the Tatai so that it could conduct a review of its operations. The Ministry of Industry, Mines and Energy later that month issued a 12-month extension on LYP’s dredging license, rendering it valid until September 2012.

Mr. Kean Hor claimed that all sand dredging operations in Koh Kong province had ceased after the expiration of LYP’s license. …

Alex Willemyns and Kuch Naren

Cambodia’s construction attracts over 2 bln USD investment in 8 months

September 27th, 2013 , Xinhuanet News

PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed Friday.

From January to August this year, the Ministry of Land Management, Urban Planning and Construction had issued constructing licenses to 1,100 projects throughout the country. …

Xinhuanet News Staff

Tata moves in on agriculture

September 12th, 2013 , The Phnom Penh Post

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector.

Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East Asia (Cambodia), said Cambodia is looking at a large agricultural machinery market in the next four or five years, which shaped his decision to set up operations in the sector. …

Four kinds of tractors will go on the market, ranging from 50 to 80 horsepower. Prices start at $22,300 and go as high as $32,600. …

Cambodia imported some 40,000 units of tractors in 2010, according to the most recent government data. A year later, 44,000 units arrived, while the number decreased slightly to around 36,300 in 2012. …

Hor Kimsay