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Room for Improvement in Cambodia’s Bank Sector

While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ss='cambodia-color'>...

http://www.phnompenhpost.com/2013060666094/Business/room-for-improvement-in-cambodia-s-bank-sector.html

Mystery Surrounds Ratanakkiri’s First Special Economic Zone

Construction of a special economic zone (sEZ) near the Vietnamese border in Ratanakkiri province’s eastern O’Yad­aw district is on track, but who exactly will avail of the facility and its services remains a mystery—even for senior provincial officials. The latest announced venture of agro-industry land concession ss='cambodia-color'>...

http://www.cambodiadaily.com/business/mystery-surrounds-ratanakkiris-first-special-economic-zone-35235/

Siem Reap’s Secret Multimillion Dollar Land Swap

Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ss='cambodia-color'>...

Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/

Phnom Penh Bans Cambodia Opposition’s Thumbprint Campaign

Authorities in Phnom Penh on Wednesday banned Cambodia’s opposition party from using public spaces to collect thumbprints  for a petition calling for U.N. and foreign intervention in the country’s political crisis following disputed polls. The opposition Cambodia National Rescue Party (CNRP) plans to collect at least 3 million ss='cambodia-color'>...

Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/petition-10092013174335.html

Mum’s the word at yearly brand forum

Cambodia’s biggest international garment brands met yesterday to discuss wage issues, strikes and worker conditions, among other of the industry’s most pressing topics. But in a year marked by a fatal building collapse at the Wing star shoes factory in Kampong speu, mass demonstrations, and bankruptcies ss='cambodia-color'>...

Sean Teehan
http://www.phnompenhpost.com/national/mum%E2%80%99s-word-yearly-brand-forum

Cambodia’s newly-formed gov’t “legitimate”: PM

Cambodian Prime Minister Hun sen on Wednesday defended that his newly-formed government was ” legitimate” since the nation’s King Norodom sihamoni had given endorsement. “This government is a legitimate government, which was born from the election and was endorsed by the king,” the premier said during ss='cambodia-color'>...

NZweek News Staff
http://www.nzweek.com/world/cambodias-newly-formed-govt-legitimate-pm-2-82891/

After CPP Reshuffle, Sok An’s Fiefdom Trimmed

Deputy Prime Minister sok An has a stunning portfolio of positions within the CPP government. On Monday, CPP lawmakers once again appointed Mr. An as the Cabinet Minister for Prime Minister Hun sen. He is also the chairman of the state-controlled Cambodian National Petroleum Authority and ss='cambodia-color'>...

Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/elections/after-cpp-reshuffle-sok-ans-fiefdom-trimmed-43665/

Myanmar’s president applauds Hun Sen over reappointment

Myanmar’s president Thein sein congratulated Hun sen over his reappointment for a new five-year term as the Prime Minister of Cambodia for the fifth legislature. “I strongly believe that under the wise leadership of sam Dech, the relation and cooperation between our two countries will ss='cambodia-color'>...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NzM3MzRlZTY0NTR

Taking Count of Cambodia’s Flying Fox Bats

At around 6 p.m. in Phnom Penh each evening, about 5,000 large brown bats, having spent the day dangling upside down from a tree at Wat Phnom, spread their huge wings and fly out to begin their nightly search for fruit. And as useful and ss='cambodia-color'>...

Denise Hruby
http://www.cambodiadaily.com/news/taking-count-of-cambodias-flying-fox-bats-45421/

Mfone’s Assets Sold For Hugely Reduced Price

The assets of bankrupt mobile operator Mfone, which owes creditors more than $160 million, have been sold to a single buyer for the bargain price of $10 million, a lawyer involved with the case said Monday. Khan sereyvuthy, a legal adviser to the government-appointed administrator handling ss='cambodia-color'>...

Aun Pheap
http://www.cambodiadaily.com/business/mfones-assets-sold-for-hugely-reduced-price-46861/

ACU’s Denial of Graft Belied by Evidence

A recent claim by the Anti-Corruption Unit (ACU) that a public health officer accused of demanding bribes to manipulate lucrative contracts did nothing wrong contradicts admissions of illegal activity by both the government and the officer himself, according to interviews and email messages reproduced in ss='cambodia-color'>...

Zsombor Peter
http://www.cambodiadaily.com/news/acus-denial-of-graft-belied-by-evidence-47788/

Hun Sen’s Niece Opens Tax Consulting Firm

Local law and consulting firm HML, whose chairperson and founding partner is Hun Kimleng, a niece of Prime Minister Hun sen and wife of National Police chief Neth savoeun, has teamed up with Tokyo-based XAT Tax Corp. to form a consulting agency focused solely on ss='cambodia-color'>...

Joshua Wilwohl
http://www.cambodiadaily.com/business/hun-sens-niece-opens-tax-consulting-firm-49420/

Cambodia’s Deportation of Uighurs to China Remembered

Four years after the forcible deportation of 20 Uighur asylum seekers from Cambodia to China, an advocacy group has said it remains “deeply concerned” about their fate and has called on China to lift a veil of secrecy surrounding their treatment. In a statement, the World ss='cambodia-color'>...

Lauren Crothers
http://www.cambodiadaily.com/news/cambodias-deportation-of-uighurs-to-china-remembered-49549/

Rainsy Amasses Support Ahead of Monday’s Rally

Opposition leader sam Rainsy on Friday visited vendors in Phnom Penh’s Olympic and Russian markets and appealed to voters disgruntled by preliminary election results awarding a victory to the CPP to join a planned opposition rally at Freedom Park on Monday. As he toured both markets, ss='cambodia-color'>...

Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/elections/rainsy-amasses-support-ahead-of-mondays-rally-40743/?utm_source=rss&utm_medium=rss&utm_campaign=rainsy-amasses-support-ahead-of-mondays-rally

EU’s Bike Imports from Cambodia Grows Enormously

During the first half of 2013 the import of bicycles in the 27 European Union member states dropped with a big 11%. Almost all EU bike supplying countries saw their export drop; except for one. Cambodia stands out as their export of bicycles to the ss='cambodia-color'>...

Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2013/10/EUs-Bike-Imports-from-Cambodia-Grows-Enormously-1379624W/

Opposition’s Demand for TV Access Crucial, Futile

Speaking on the firSt day of the op&Shy;poSition&rSquo;S three-day maSS demonStration in Phnom Penh&rSquo;S Freedom Park laSt month, CNRP SpokeSman Yim Sovann announced to an electrified crowd that the party would be Seeking itS own televiSion Station in negotiationS with the ruling CPP. With the SS='cambodia-color'>...

Alex Willemyns
http://www.cambodiadaily.com/elections/oppositions-demand-for-tv-access-crucial-futile-44423/?utm_source=rss&utm_medium=rss&utm_campaign=oppositions-demand-for-tv-access-crucial-futile

National Assembly’s Finance Committee Approves 2014 Budget

The National Assembly’s CPP-run finance committee approved the country’s $3.54 billion draft budget for 2014 Wednesday, its last hurdle before debate and a possible vote can be held by the full Assembly, where the opposition is still refusing to take nearly half the seats. “After the ss='cambodia-color'>...

Kuch Naren and Hul Reaksmey
http://www.cambodiadaily.com/news/national-assemblys-finance-committee-approves-2014-budget-46714/

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ss='cambodia-color'>...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Cambodia’s garments to ship piece by piece

Cambodia’s garment manufacturers might sell fabrics from unfinished clothing orders worth millions of dollars to factories offshore in a last-ditch attempt to meet looming buyer deadlines. The Garment Manufacturers Association in Cambodia (GMAC) issued a letter to the Cambodian government yesterday requesting it to “facilitate” exports ss='cambodia-color'>...

Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-garments-ship-piece-piece

Boeng Kak Women March for Activist’s Release

More than 50 supporters of jailed anti-eviction activist Yorm Bopha marched through central Phnom Penh on Tuesday to demand her speedy retrial, acquittal and release, visiting the supreme Court, the Royal Palace and the European Union and World Bank offices. Ms. Bopha has consistently professed ss='cambodia-color'>...

Khy Sovuthy
http://www.cambodiadaily.com/news/boeng-kak-women-march-for-activists-release-42147/

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