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Consumer price index climbs on food and fuel

Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...

http://www.phnompenhpost.com/index.php/2012091058593/Business/consumer-price-index-climbs-on-food-and-fuel.html

Casino workers have win, but fight goes on

Threats of strike from about 500 employees of the Tropicana Casino in Poipet were quieted yesterday as workers secured a small victory after management agreed to improve worker conditions and enter talks over their sacked union leader. Morm Rithy, president of union Cambodian Tourism and Service ...

http://www.phnompenhpost.com/index.php/2012091158618/National-news/casino-workers-have-won-but-fight-goes-on.html

Speculators pounce on rice market as prices rise

Speculators have been selling rice to Thailand via Cambodia for over a month despite domestic prices rising VND1,000/kg. At the meeting of Vietnam Food Association (VFA) on September 7 in HCM City, Director of An Giang Export Company Nguyen Van Tien said the amount of rice ...

http://english.vietnamnet.vn/fms/business/43907/business-in-brief-12-9.html

Mam Sonando's 'Secession' Trial Focuses on Absent Suspect

The trial of independent radio owner Mam Sonando continued for a second day at the Phnom Penh Municipal Court yesterday, though most of the testimony centered around the fellow alleged secession leader Bun Ratha, who remains at large. Along with eight others, Mr. Sonando and Mr. Ratha stand ...

ADB presents progress on its flood rehabilitation project

The Asian Development Bank (ADB) is pushing forward with the US$67 million flood reconstruction project aimed at rebuilding roads,bridges and irrigation systems hit by the devastating high waters of 2011, improving the nation’s infrastructure and providing livelihoods to people in six severely affected provinces, according ...

http://etmcambodia.com

Protesters blocked on the way to Phnom Penh

About 80 families travelling to Phnom Penh from Kampong Chhnang province for a land dispute-related protest yesterday were blocked on their way to the capital and told to resolve the matter locally. The villagers are locked in an unusual land feud with an agricultural firm, ...

http://www.phnompenhpost.com/2013011760831/National/protesters-blocked-on-the-way-to-phnom-penh.html

Hun Sen Announces New Tax on Agricultural Land

Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...

http://cambodiadaily.com/

PPWSA up 48 per cent on first day

By the time Deputy Prime Minister Keat Chhon closed the first session of the Cambodian Securities Exchange yesterday morning, shares in Phnom Penh Water Supply Authority, the Kingdom’s first domestically listed company, were just shy of soaring 50 per cent. Institutional and retail investors traded 487,110 ...

http://www.phnompenhpost.com/index.php/2012041955648/Business/ppwsa-up-48-per-cent-on-first-day.html

Talks on maid MoU slated for summer

A Memorandum of Understanding aimed at protecting maids sent to Malaysia may make headway in the next two months, a government official has said. Secretary of State for the Ministry of Women’s Affairs San Arun said a meeting with Malaysian officials on an MoU is expected ...

http://www.phnompenhpost.com/index.php/2012050755997/National-news/maid-mou-inching-forward.html

Thailand moves on double tax treaty with Cambodia

Thailand is moving forward to strike a double tax treaty with Cambodia, to cope with increasing cross-border trade. Sathit Rungkasiri, director general of the Revenue Department, said it is a priority to expand the double tax treaty with all countries in Asean to prepare for the ...

http://www.nationmultimedia.com/business/Double-tax-treaty-with-Cambodia-eyed-30182041.html

Low price slows trade of PPWS on exchange

The price of Phnom Penh Water Supply Authority shares have fluctuated only US$0.04 during the past 12 days of trading. The low price and a lack of liquidity on the market may account the low volume of shares traded, insiders said, which averaged at 55,773 during ...

http://www.phnompenhpost.com/index.php/2012060156525/Business/low-price-slows-trade-of-ppws-on-exchange.html

Hor Namhong Travels to US on Official Visit

Foreign Affairs Minister Hor Namhong will travel to the U.S. on Saturday to hold separate discussions with Secretary of State Hillary Clinton and Senator Jim Webb, chairman of the subcommittee on East Asia and Pacific Affairs, the government said in a statement. Mr. Namhong’s visit comes ...

Hun Sen Denies Breeching Ban on Land Concessions

Prime Minister Hun Sen has denied media reports he violated his own ban on economic land concessions, saying he only signed contracts that had been agreed upon prior to his decision. Local media have reported in recent days Hun Sen’s signature on multiple land concessions ...

http://www.voanews.com/khmer-english/news/Hun-Sen-Denies-Breeching-Ban-on-Land-Concessions-160386015.html

Bloody crackdown on garment strike in Phnom Penh

A union employee representing striking workers from a factory that supplies Levi’s and Gap was left a bloodied mess near Wat Botum yesterday after police allegedly attacked him. According to rights groups, police set upon Long Panha, of the Cambodian Alliance of Trade Unions (CATU), who ...

http://www.phnompenhpost.com/index.php/2012071257379/National-news/bloody-crackdown-on-garment-strike.html

Cambodia approves law on sending workers to Qatar

Cambodian workers are expected to arrive in Qatar soon as the southeast Asian country’s national assembly has approved a draft law to send workers to the Gulf state. According to The Phnom Penh Post, the house approved the draft law recently after the two ...

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=526501&version=1&template_id=57&parent_id=56

Cambodia Wants More Information on Taiwan's Heroin Haul

Police yesterday said they were seeking more information about a massive haul of heroin-allegedly transited through Cambodia-that was seized from a boat off the coast of Taiwan this week. The Taiwanese Justice Ministry’s Investigation Bureau says it found 70 kg of heroin hidden in a fishing ...

Accused Manager Put on Leave; Workers Lodge Complaints

The manager accused of abusing female workers at the Ocean Garment factory in Phnom Penh, and who provoked days of public demonstrations by thousands of workers to have him fired, has been put on leave, while his alleged victims have lodged complaints against him with ...

Cambodia to Resume International Adoptions on January 1

Cambodia will allow inter-country adoptions to resume from January 1 next year, four years after the government stopped adoptions amid claims of corruption and baby selling, government officials confirmed yesterday. Speaking after a meeting with Susan Jacobs, the U.S. State Department’s special adviser on children’s issues, Secretary of ...

http://www.cambodiadaily.com/news/cambodia-to-resume-international-adoptions-on-january-1-4934/

New 10-storey office building on Norodom Boulevard

The owner of the under-construction 10-storey building located on the corner of Street 178 and Norodom Boulevard, who asked not to be identified, said the building will be used as office space and apartments. The three floors on the top of the building will be apartments ...

http://www.phnompenhpost.com/index.php/Real-Estate/new-10-storey-office-building-on-norodom-boulevard.html

Cambodia Least Competitive in Region on Global Index

Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

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