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Telecoms Regulator Calls For Price Meeting

The Telecommunication Regulator of Cambodia (TRC) is calling all mobile phone operators to attend a meeting next week in order to reconsider the costs for within-and across-network calls, after disputes over bonus promotions in Cambodia’s crowded telecoms market. TRC director Mao Chakrya said that for the ...

http://www.phnompenhpost.com/2013050165340/Business/telecoms-regulator-calls-for-price-meeting.html

Plans for open paddy market

The Ministry of Commerce is conducting a feasibility study to set up an open paddy market for paddy rice in at least two provinces to make the rice trade more transparent, s senior official says. ...

http://www.phnompenhpost.com/2012122560464/Business/plans-for-open-paddy-market.html

Police reopen OZ, Cochlear bribery cases

THE Australian Federal Police will reopen corruption inquiries into major Australian companies OZ Minerals and Cochlear, after searing criticism that it was lax in its investigations. OZ Minerals will be targeted following discussions with the OECD about the AFP’s previous investigation of alleged foreign ...

http://www.smh.com.au/business/police-reopen-oz-cochlear-bribery-cases-20130112-2cmrt.html

Food prices up 1.6 pct in April

Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...

http://www.phnompenhpost.com/2013070566683/Business/food-prices-up-1-6-pct-in-april.html

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...

http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html

SMEs call for better loan rates

The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according ...

http://www.phnompenhpost.com/index.php/2011092151765/Business/smes-call-for-better-loan-rates.html

Ministry scolds South Korean firm

Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/28162/ministry-scolds-south-korean-firm/

Cassava production dropped in 2012

The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...

http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html

Mfone $65 million in debt

Failed Cambodian telco Mfone owes at least $65 million to multiple creditors that sources say include the government. A court injunction to freeze Mfone‘s assets, obtained by the Post yesterday, shows Mfone owes Chinese telco provider Huawei Technologies more than $65 million. Phnom Penh Municipal Court judge ...

http://www.phnompenhpost.com/2013013061068/Business/mfone-65-million-in-debt.html

Verdict today in case of jailed land activist

After more than three months in jail, environmental activist Kuch Veng is set to hear his verdict at the Pursat provincial court. The verdict was originally scheduled to be handed down July 10, but the judge ordered it delayed after some 300 people from 11 provinces ...

http://www.phnompenhpost.com/national/verdict-today-case-jailed-land-activist

GTI price drops on day one

After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...

Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one

Farming’s primacy ‘hinders’

Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. In Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...

Laignee Barron
http://www.phnompenhpost.com/national/farming%E2%80%99s-primacy-%E2%80%98hinders%E2%80%99

Xayaburi dam may cause earthquakes: Vietnamese report

The Xayaburi dam project in Northern Laos might increase the probability of earthquakes in a region already prone to seismic activity, according to a recently translated report from Vietnam. The 1260-megawatt project sits about 100 kilometres south of the Lai Chau-Dien fault line. Construction activity on the ...

http://www.phnompenhpost.com/index.php/2011091451635/National-news/xayaburi-dam-may-cause-earthquakes-vietnamese-report.html

Ban on Thesis Topics Needed, Scholars Say

Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...

Beer Promoters Seek Higher Wages and Increased Respect

Beer promoters are hoping a new documentary chronicling the conditions they face in the workplace will pressure beer companies to increase their wages and reduce harassment from customers. The documentary, launched yesterday at a meeting with members of the Cambodian Food and Service Workers Federation (CFSWF), ...

Ministries team up to boost silk industry

Two government agencies got together to sign an agreement to boost and develop the silk sector in Cambodia. A memorandum of understanding (MoU) signed this month by the Ministry of Commerce and the Ministry of Labour and Vocational Training (MLVT) seeks to boost local raw ...

Sok Chan
https://www.khmertimeskh.com/50302968/ministries-team-up-to-boost-silk-industry/

Kamsab removed from ports as Kingdom braces for loss of preferential trade access

The Cambodian government has begun a series of reforms intended to strengthen economic independence and promote business in the Kingdom, as they prepare for the possible loss of preferential trade access to the EU and US in the coming months. Prime Minister Hun Sen on ...

Hin Pisei
https://www.phnompenhpost.com/business/kamsab-removed-ports-kingdom-braces-loss-preferential-trade-access

Government calls for PM ‘fake news’ correction

The Cambodian government on Friday strongly urged Singaporean outlet Channel News Asia (CNA) to issue a correction to an article it published on Thursday, claiming Prime Minister Hun Sen had called on the military to destroy the country’s political opponents. The statement, issued by the ...

Mech Dara and Voun Dara
https://www.phnompenhpost.com/national/government-calls-pm-fake-news-correction

Restoration or legal action, district governor warns

People who filled in more than a hectare of mangroves in Preah Sihanouk province to plant coconut trees have been given a month to restore the area to its former state or face legal action, Stung Hav district governor told The Post on Tuesday. ...

Voun Dara
https://www.phnompenhpost.com/national/restoration-or-legal-action-district-governor-warns

Vehicles used in alleged case of Oknha Sam Ol destroyed

Vehicles used in the alleged illegal logging that led to the arrest of Soeng Sam Ol were blown up on Wednesday, as the tycoon and three alleged accomplices were sent to Phnom Penh Municipal Court by National Military Police. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/vehicles-used-alleged-case-oknha-sam-ol-destroyed

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