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Trial of the 'secessionist' commences

Throngs of protesters gathered at the Olympic Stadium yesterday, at times straining against a mix of police force barriers and riot shields in their effort to show support for jailed Beehive Radio director Mam Sonando, whose trial was beginning just down the street at Phnom ...

http://www.phnompenhpost.com/index.php/2012091258660/National-news/trial-begins-for-alleged-secessionist-mam-sonando.html

Conference looks at status of the Kingdom's small but growing insurance sector

While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...

http://etmcambodia.com

Telco Axiata strengthens regional hold, controls 34% of Cambodian market post-acquisition

Being one of the biggest Asian telecommunications companies with operations across ten countries, Axiata Group Bhd has flexed its muscles to firm its grip on the Cambodian market After the acquisition of its rival Latelz Co Ltd, the second-largest mobile operator with a 21% market share ...

http://biz.thestar.com.my/news/story.asp?file=/2012/12/17/business/12469671&sec=business

Yearender: Hosting ASEAN Summit tops major achievements of Cambodia in 2012

The successful hosting of the 21st Summit of the Association of Southeast Asian Nations (ASEAN) and its related summits here in November was definitely the biggest achievement of Cambodia in 2012 despite some sad events such as the death of the venerated former King Norodom ...

http://news.xinhuanet.com/english/indepth/2013-01/01/c_132075147.htm

Prosecutor Wants Change To Sonando Charges

In a bizarre twist at the Appeal Court hearing of radio station owner Man Sonando, the prosecution yesterday asked that judges drop the charge against Mr. Sonando of inciting antigovernment violence, but then asked the court to uphold another charge leading to an insurrection. Mr. ...

http://www.cambodiadaily.com

Credit in Banking Sector Surpasses $4B in 2011

Loan disbursals in Cambodia’s banking sector increased by 33 percent to more than $4 billion last year, as credit to the housing market and agricultural sector saw the largest amount of growth, the National Bank of Cambodia (NBC) said in its annual report, released yesterday. While ...

Aviation in the Kingdom soaring with new flights and airport plans

Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...

Move to lift energy efficiency in Cambodia

A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...

http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html

Chut Wutty Remembered in Koh Kong Memorial

Mondol Seima district, Koh Kong province – It was a gesture the late conservationist and outspoken anti-logging activist would have appreciated. After blessing the site where Chut Wutty was shot dead just over two weeks ago under still mysterious circumstances in this remote patch of the ...

Prey Long Meeting Gets Grudging Go-Ahead

Commune and village officials in Kratie province yesterday threatened to shut down a community meeting on the protection of Prey Long forest because the organizers had failed to get permission and allegedly invited only opposition party activists. The authorities eventually allowed the meeting to proceed, after ...

Mam Sonando Charged, Jailed Ahead of Trial

After two hours of questioning, the Phnom Penh Municipal Court yesterday sent independent radio station owner Mam Sonando to Prey Sar prison for pretrial detention, where he will await a hearing on allegations that he tried to foment a secessionist movement in Kratie province. As Mr. Sonando was being questioned, ...

Greener Pastures

Market competition resulting from costly domestic rice remains a key factor driving Thai exporters to seek openings in neighbouring countries where the rice trade is more prosperous. Exporters say their performance was weak last year, mirroring the country’s overall decline in rice exports, which plunged ...

http://www.bangkokpost.com/business/economics/335303/greener-pastures

Private residential property in Cambodia attracting foreign investors

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html

Fire Insurance Costs Soar for Garment Sector

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

Homes Razed to Stop ‘Secession,’ Officials Say

The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...

Trucking Companies Plagued by High Costs, Informal Payments

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

http://www.cambodiadaily.com/business/trucking-companies-plagued-by-high-costs-informal-payments-3716/

Fourth missing in dam disaster, say witnesses

Workers who directly witnessed the Stung Atai dam accident more than a week ago have contested government accounts, telling the Post four, not three, men were still missing after an outlet pipe burst. Those working or living near the dam also told the Post investigations pledged ...

http://www.phnompenhpost.com/National/fourth-missing-in-dam-disaster-say-witnesses.html

Hana plugs into Cambodian market

Hana Microelectronics Plc is investing 1.5 billion baht to build a new factory in Lamphun and another in Koh Kong, the latter marking a plunge into the Cambodian market. Chief executive Richard Han also hinted yesterday that the SET-listed electronic-parts maker could relocate some production from ...

http://www.bangkokpost.com/business/economics/339371/hana-plugs-into-cambodian-market

Climate change to affect Mekong production

Climate change will have a significant effect on major industrial and food crops in the Lower Mekong basin countries of Cambodia, Laos, Thailand and Vietnam, says a new study. The study, conducted by the Mekong Adaptation and Resilience to Climate Change Project for the U.S. Agency ...

http://www.upiasia.com/Top-News/2013/04/01/Climate-change-to-affect-Mekong-production/UPI-54261364842799/

Rubber Firm Accused of Illegal Deforestation

A rubber company that has been repeatedly accused of encroaching on communal land belonging to an ethnic minority in Ratanakkiri province has cleared 150 hectares of forest outside of its economic land concession (ELC) in the past month, according to the senior investigator for local ...

http://www.cambodiadaily.com/news/rubber-firm-accused-of-illegal-deforestation-20367/

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