U.N., Cambodia’s garment buyers support probe into the workers faint in garment factories

Phnom Penh, September 12, 2011 (Nokorwat News Center, NNC) – The International Labour Organization’s (ILO) met with the key international buyers of the Cambodia’s garment industry and agreed to jointly supporting a comprehensive investigation into the recent group faint within garment factories, said a release by U.N seen by NNC. »Read more

National carrier to launch regular flight service from Siem Reap Angkor to Sihanoukville beach

Phnom Penh, Aug. 26, 2011 (Nokorwat News Center, NNC) – A top Cambodian official told NNC on Friday that Cambodia Angkor Air is to launch its regular flight service in later this year as part of the government’s effort to boost the country’s tourism industry. »Read more

U.S. signs deal with Cambodia Chamber of Commerce on trade loan guarantees

Phnom Penh, Aug. 25, 2011 (Nokorwat News Center, NNC) - U.S. Ambassador to Cambodia, Carol A. Rodley, and President of the Cambodia’s Chamber of Commerce signed the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, said the press release seen by NNC. »Read more

PARTNERSHIPS ARE VITAL TO SUCCESS OF DEVELOPMENT PROJECTS: ADB

Phnom Penh, Cambodia (19 August 2011) – On August 5, 2011 ADB was informed that the activities of the national non-governmental organization (NGO) Sahmakum Teang Tnaut (STT), which has been actively monitoring the resettlement impacts of the ADB-supported GMS Cambodia Railway Rehabilitation Project, »Read more

UN says discrimination, OT, and health remained concerns

Phnom Penh, Aug. 18, 2011 (Nokorwat News Center, NNC) – The United Nations said on Thursday that discrimination, overtime, and occupational safety and health remained concern in Cambodia’s garment sector. »Read more

Japan provides Cambodia another $54 million US for improving irregation and education projects

Phnom Penh, August 12, 2011 (Nokorwat News Center, NNC) – Japan is to provide another $54 million for Cambodia to improve its irregation and education, said a press release seen by NNC on Friday. »Read more

Cambodia's exports to the European Union (EU) expected to reach more than $1.5 billion in 2011

Phnom Penh, August 02, 2011 (Nokorwat News Center, NNC) – The relaxed rules under the EU preferential schemer brought a sharp increase of the Cambodia’s exports over the last six months of this year and are expected to increase more than 1.5 billion US by the year end. »Read more

Cambodia’s export value was $1.75 billion for the first five months this year, a 48 pct surge

Phnom Penh, August 01, 2011 (Nokorwat News Center, NNC) - The total value of exporting garments, textiles, shoes and others increased 48 percent for the first 5 month in 2011 compared with the same period of last year—thanks to the global economic recovery, said a government report seen by NNC on Monday. »Read more

ADB projects Cambodia’s growth at 6.5 pct this year and 6.8 pct for 2012

Phnom Penh, July 29, 2011 (NNC) – Asian Development Bank said that Cambodia’s economy should pick up this year—growing 6.5% in 2011 and 6.8% in 2012. »Read more

ADB: Successful program the nearly $5 billion contributions for Greater Mekong Subregion (GMS) Economic Cooperation Program for 1992- 2011

Phnom Penh, July 29, 2011 (NNC) – The Asian Development Bank (ADB) said the “highly successful GMS Program”, which established since 1992, has been contributing to economic growth in the subregion, averaging more than 6 percent in the last 15 years. »Read more

Cambodia at a Glance

Population 2008: 13.4 million Annual population growth rate 1998-2008 1.54% Gross domestic product (estimated) 2010 US$11.34 billion GDP annual growth (est) 2010 5.9% GDP per capita (est) 2010 US$830 »Read more

Cambodia’s stock exchange launches, no trading as more technical works need

Phnom Penh, July 12, 2011 (Nokorwat News Daily) – Cambodia’s Finance Minister, entrepreneurs, the President of the Korean Stock Exchange (KOREX) gathered at the country’s tallest building Canadia Tower on Tuesday for the official launch of the Cambodia’s Stock Exchange (CSX). »Read more

Cambodia, ADB agreed to resolve rail resettlement concerns-ADB

Phnom Penh, July 5, 2011 (Nokorwat News Center, NNC) - The Asian Development Bank (ADB) and the government of Cambodia have agreed to a detailed, time bound and action plan to resolve the resettlement problems on a railway rehabilitation project. »Read more

$500 million​ ​for​ ​three​-year​-plan​ ​for​ ​Cambodia’s​ ​priority​ ​sectors​- ADB​

Phnom​ ​Penh​, July​ ​7, 2011 (Nokorwat​ ​News​ ​Center​, NNC​)- The​ ​Asian​ ​Development​ ​Bank​ ​(ADB​) and​ ​Cambodia’s​ ​government​ ​announced​ ​$500 million​ ​for​ ​three​-year​ ​partnership​ ​strategy​, said​ ​the​ ​ADB​ ​officials​ ​on​ ​Thursday​. »Read more

China-Cambodia deal to back power plant

Prime Minister Hun Sen will sign an agreement in China this week for the construction a US$362 million coal-fired power plant in Sihanoukville province, to be run as a joint venture between a local company and a Chinese firm. »Read more