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Hoteliers Are Warming Up to Phnom Penh

Compared to the bustling tourist center of Siem Reap, Phnom Penh has long stood in second place as an investment destination for international hotel operations. But as infrastructure slowly improves and the number of visitors to the capital continues to grow, international hotel chains are taking ...

Emily Wilkins
http://www.cambodiadaily.com/business/hoteliers-are-warming-up-to-phnom-penh-51460/

Sesan II reservoir a laundry for illegal timber

Filthy trucks loaded with luxury timber rule the red-earth roads in this heavily deforested district. Each day, dozens of 10-wheelers bounce along the pot-holed roads, carting logs of the much-sought Thnong timber. And while some of the cargo is legal, much of it is not. ...

Matt Blomberg and Phann Ana
http://www.cambodiadaily.com/news/sesan-ii-reservoir-a-laundry-for-illegal-timber-60575/

Police confirm arrest of villagers in dispute with Pailin Governor

Police officials confirmed Tuesday that the villagers involved in a land dispute with a company allegedly owned by Pailin Governor Y Chhien were arrested late Monday and said that one more villager was detained Tuesday. Sath Sin, deputy police chief of Pailin province’s Sala Krao district, ...

Aun Pheap
http://www.cambodiadaily.com/news/police-confirm-arrest-of-villagers-in-dispute-with-pailin-governor-55528/

Phnom Penh to Ho Chi Minh expressway plans announced

The Japanese International Cooperation Agency (JICA) revealed its plans Monday for a Phnom Penh to Ho Chi Minh City expressway that will halve travel time between the two cities. At an estimated cost of $2.2 billion, the initial target date for completion of the expressway is ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-to-ho-chi-minh-expressway-plans-announced-57626/

Officials accused of embezzling teachers’ salaries

A teachers’ union has accused education officials in Oddar Meanchey province’s Anlong Veng district of stealing 21 million riel, or about $5,200, that had been slated as overtime payments for primary school teachers. In a letter sent to the Education Ministry on Monday, the Cambodia Independent ...

Ben Sokhean and Matt Blomberg
http://www.cambodiadaily.com/news/officials-accused-of-embezzling-teachers-salaries-58676/

Wing Star strike to continue after meeting fails

Thousands of workers at the Wing Star Shoes factory demonstrated Tuesday for the second day in a row outside the factory in Kom­pong Speu province after a meeting between union and company officials failed to reach an agreement that would end an ongoing strike, worker ...

Aun Pheap
http://www.cambodiadaily.com/news/wing-star-strike-to-continue-after-meeting-fails-54461/

Preah Vihear Governor to close NGO office for inciting workers

Preah Vihear provincial governor Oum Mara has sent a letter to inform Interior Minister Sar Kheng that he is ordering an NGO to close its local offices, on the grounds that the organization is inciting villagers to destroy sugarcane farmed by a Chinese company. In the ...

Khy Sovuthy
http://www.cambodiadaily.com/news/preah-vihear-governor-to-close-ngo-office-for-inciting-workers-55773/

Rice exports down 15% year-on-year in January

Cambodia exported 50,450 tonnes of rice worth $39 million to the international market in January, down 15.39 per cent compared to the same period in 2018, Cambodia Rice Federation (CRF) secretary-general Lun Yeng said on Sunday. Yeng told The Post that Cambodian rice exports to ...

Thou Vireak
https://www.phnompenhpost.com/business/rice-exports-down-15-year-year-january

Southeast Asia's solid economic growth rides over global woes

Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...

http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601

Court denies bail for parents of fugitive general in murder case

The Court of Appeal on Tuesday denied bail for the parents of a senior Ministry of Defense official who remains on the run over allegations that he orchestrated the assassination of a wealthy businessman in November. The Phnom Penh Municipal Court charged Major General Thong Sarath ...

Khuon Narim
https://www.cambodiadaily.com/news/court-denies-bail-for-parents-of-fugitive-general-in-murder-case-76448/

Pay delay frustrates disabled community

More than one year after the government passed legislation to bring in a pension for people with disabilities living in poverty, a preliminary committee to workshop how to locate such disabled people has still not been formed, officials said yesterday. In June last year, the ...

http://www.phnompenhpost.com/index.php/2012090658540/National-news/pay-delay-frustrates-disabled-community.html

National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

$150 million aid distributed to revive tourism industry

Cambodia Hotel Association (CHA) has distributed $150 million financial aid from the government to revive the country’s tourism sector hit by the Covid-19 pandemic, a senior official said. ...

Kang Sothea
https://www.khmertimeskh.com/501089253/150-million-aid-distributed-to-revive-tourism-industry/

Condo oversupply persists amid low FDI and foreign buyers

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

Try Pheap Firm in Talks to Replicate Timber Deal

Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/try-pheap-firm-in-talks-to-replicate-timber-deal-48511/

Illegal wood exports to China tripled in 2013

Cambodia’s exports of protected rosewood and other high-value timber to China more than tripled last year, according to U.N. figures cited in a new report that blames lax law enforcement across the Mekong region and skyrocketing demand in China for pushing some species to the ...

Zsombor Peter
http://www.cambodiadaily.com/news/illegal-wood-exports-to-china-tripled-in-2013-58593/

Agenda

Open Cambodia A Mozilla/Aspiration Conference Open Web, Open Source, Open Knowledge 16-17 September 2011 Sunway Hotel, Phnom Penh Friday 16 September 8:00-8:30 Registration – Grand Mekong Hall, First Floor 8:30-10:15 Interactive Plenary 10:15-10:30 Coffee Break 10:30-12:00 Agenda Crowdsourcing: Session Development 12:00-1:00 Lunch – Provided at the Sun Café Restaurant, Ground Floor, Sunway Hotel 1:00-3:00 Break-Out I – Framing Sessions: ...

China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia

The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...

http://thesoutheastasiaweekly.com/

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