Thai court agrees to hear lawsuit over controversial Xayaburi dam in Laos
A top court in Thailand agreed on Tuesday to hear a lawsuit brought by villagers against the country’s decision to purchase power from the planned Xayaburi mega dam in neighboring Laos, which green groups say could threaten the region’s environment and food security. Overruling a lower ...
Parameswaran Ponnudurai
http://www.rfa.org/english/news/laos/lawsuit-06242014170128.html
Raises pending, prices soaring
Since Minister of Labour Ith Sam Heng announced in late-December that the ministry would hike the minimum monthly wage for the garment sector to $100, Nuch Sdoeung has, at times, questioned if he could even afford beef. The wage boost from the prior minimum wage ...
Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/raises-pending-prices-soaring
Comprehensive survey maps the lay of land prices in Phnom Penh
A report on land prices in Phnom Penh that claims to be the first of its kind has canvassed a large number of correspondents to comprehensively gauge property values in the city’s various districts and communes. Released on March 3, Land Price 2014, which was produced ...
Sum Manet
http://www.phnompenhpost.com/real-estate/comprehensive-survey-maps-lay-land-prices-phnom-penh
Living on a dwindling trade
In Samrong Leu village, a picturesque community nestled deep in the verdant fields of Kors Kralor district, the acrid smell of smoke fills the air. Outside almost every house in this community, billows of smoke continuously emerge from the domes of homemade mud kilns, drifting around ...
Kevin Ponniah and Phak Seangly
http://www.phnompenhpost.com/national/living-dwindling-trade
Workers demand bonus increase, labor laws
About 7,000 workers protested in front of the Wing Star Shoes Co. Ltd. factory in Kompong Speu province on Monday, demanding that the company raise their bonuses by $5 and properly enforce a number of labor laws, a union official said. The strike comes ten months ...
Aun Pheap
http://www.cambodiadaily.com/news/workers-demand-bonus-increase-labor-laws-54431/
Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'
Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...
Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play
Ministry swapped in deal with timber magnate
In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...
Aun Pheap and Alex Consiglio
http://www.cambodiadaily.com/news/ministry-swapped-in-deal-with-timber-magnate-59216/
Cambodian parliament panel chief questions management of Angkor Wat revenue
A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html
Timber by the numbers
Cambodia’s foremost logging baron exported more than 100,000 cubic metres of timber from Sihanoukville Port last year, likely including a species protected by an international treaty to which the Kingdom is a signatory, an analysis by Global Witness of leaked export records suggests. The data, obtained ...
Daniel Pye
http://www.phnompenhpost.com/national/timber-numbers
Bidding for personalised number plates to be capped at $860 million
Minister of Public Works and Transport Sun Chanthol on Tuesday launched a bidding system of the sale of personalised number plates for vehicles. Speaking during the launch, Chanthol said bidding will start at between two million and more than one billion riel ($500 and more ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/bidding-personalised-number-plates-be-capped-860-million
China giant looks to Kingdom
Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...
http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html
Exports rise in value, lower imports
Cambodian total export values amounted to $5.9 billion, a year-on-year increase of 11.7 percent in the first five months of this year. The value of Cambodia’s total imports amounted to $8.1 billion, a decrease by 1 percent in the same period, compared with 2019, according ...
Sok Chan
https://www.khmertimeskh.com/50749966/exports-rise-in-value-lower-imports/
Cambodia and South Korea trade valued at $884 million
The bilateral trade between Cambodia and South Korea was valued at $884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported $317 million of products to South ...
Chea Vanyuth
https://www.khmertimeskh.com/50804885/cambodia-and-south-korea-trade-valued-at-884-million/
Manet holds bilateral talks with ASEAN counterparts
Prime Minister Hun Manet met bilaterally with the leaders of several ASEAN member states on the sidelines of the bloc’s 43rd summit in Indonesia, with the intention of strengthening relations and cooperation. On September 4, ahead of the start of the September 5-7 summit, Manet ...
Ry Sochan
https://phnompenhpost.com/national-politics/manet-holds-bilateral-talks-asean-counterparts
SME Bank to allocate $50 million in funds for Siem Reap tourism boost
The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...
May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost
MEF bullish on medium-term growth amid diversification
The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...
James Whitehead
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/
Sihanoukville Runs Dry During Water Crisis
A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...
http://www.cambodiadaily.com/news/sihanoukville-runs-dry-during-water-crisis-16609/
Calm, mostly, prevails
Although International Human Rights Day ended in the forceful eviction of protesters from outside the US embassy last night, monks and their supporters who spent days marching to the capital met with no opposition in the morning as they defied a ban on marching to ...
Post Staff
http://www.phnompenhpost.com/national/calm-mostly-prevails
Cambodia Decides to Keep Reserve Rate at 12 Per Cent
The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of ...
Cambodia telco growth in 3G
Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...
http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html