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Cambodia's special economic zones waiting for foreign investments

PHNOM PENH — Eight out of Cambodia’s 19 special economic zones (SEZ) are being operational across the country, while the rest are still waiting for both local and foreign investors, the data from Council for Development of Cambodia (CDC) showed on Saturday. The statistics showed that ...

http://www.asean-china-center.org/english/2011-09/05/c_131100346.htm

Asia’s Newest Stock Market Is Risk to Investors, Sam Rainsy Says

Investors in Cambodia, tied with Yemen as the world’s 164th-cleanest country for doing business, face risks in a planned stock market because of ineffective financial and legal systems, the country’s exiled opposition leader said. “Among the little dragons of Southeast Asia, Cambodia is the least encouraging,” ...

http://www.businessweek.com/news/2012-02-09/asia-s-newest-stock-market-is-risk-to-investors-sam-rainsy-says.html

Commander Says Prosecutor Deployed Troops

Armed troops that were deployed last month to quell a land dispute protest outside the Kompong Speu Provincial Court were ordered to do so by a court prosecutor, a commander in the Royal Cambodian Armed Forces (RCAF) said yesterday. on Feb. 9, a detachment of ...

Laos Urges Cambodian Businesspeople to Invest More

President of Laos National Assembly, Her Excellency Pany Yathotou, on September 1st arrived here for the four-day official visit in order to strengthen bilateral cooperation between the neighboring countries “Both sides will exchange visits of the officials and lawmakers of National Assemblies to strengthen bonds and ...

http://thesoutheastasiaweekly.com/

Most U.S. Firms Plan to Expand Business in SE Asia: Amcham

Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...

http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905

Sold

Last year saw a record increase in economic land concessions and the area controlled by agro-industrial companies jumped to more than 2 million hectares nationwide, according to human rights groups who track such projects. Mining companies are also flocking to Cambodia and those already have ...

http://www.camnet.com.kh/cambodia.daily/selected_features/Carving%20Up%20Cambodia.pdf

City’s Transportation Workers Protest High Gasoline Prices

About 100 tuk-tuk drivers, motorcycle taxi drivers, vendors and other informal transportation workers protested against the high price of gasoline yesterday at the National Assembly, claiming the high petrol prices are cutting into their small profits. Vorn Pao, president of the Independent Democracy of Informal Economy ...

Hun Sen receives award for leadership

Prime Minister Hun Sen received the Leadership and Good Governance Award from the Universal Peace Federation (UPF) on Tuesday at the 2nd Asia-Pacific Summit at the Peace Palace in the capital. The award was presented by UPF co-founder Hak Ja Han Moon after delivering her ...

Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-receives-award-leadership

PM: Improve lives of disabled

Prime Minister Hun Sen has urged the relevant institutions to improve the living standards of disabled persons in line with the national economy. In a message to commemorate the 21st Day of Cambodian Persons with Disabilities and the 37th International Day of Persons with Disabilities, which ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-improve-lives-disabled

Labour ministry to check provision of seniority payments

The Ministry of Labour and Vocational Training is preparing to send officials to check on whether the second phase of seniority payments will be provided to garment factory workers at the end of the year, said ministry spokesman Heng Sour. Last year, the ministry announced ...

Long Kimmarita
https://www.phnompenhpost.com/national/labour-ministry-check-provision-seniority-payments

US firms suggest ASEAN improve financial services

Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US Business Summit, which kicked ...

http://www.phnompenhpost.com/index.php/2012083158399/Business/us-firms-suggest-asean-improve-financial-services.html

Ministry orders Kok An audit

Heng Chheang, the jailed ex-deputy general director of senator Kok An’s Anco Brothers Co, may have been improperly convicted of embezzling more than US$58 million from the tycoon, according to a letter sent to the Supreme Court from the Ministry of Economy and Finance last ...

http://www.phnompenhpost.com/index.php/2012091058613/National-news/ministry-orders-kok-an-audit.html

20-year-old GMS plans new phase of investment

The Greater Mekong Sub-region development scheme, which celebrates its 20th anniversary this year, is moving forward with a new generation of investment aimed at strengthening connectivity, competitiveness and community over the next decade. The GMS will play a strategic role in connecting Southeast Asia with South ...

http://www.nationmultimedia.com/business/20-year-old-GMS-plans-new-phase-of-investment-30190259.html

Chinese Mining Firm Plans Siem Reap Extraction

A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...

http://www.cambodiadaily.com

Garment industry stokes Cambodia’s political growth

Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...

http://www.winnipegfreepress.com/opinion/westview/Garment-industry-stokes-Cambodias-political-growth-171990021.html

Lifting maid ban proving a challenge

A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. Penned by the Ministry of Interior, the 12-page brief details a ...

http://www.phnompenhpost.com/2013010960701/National/lifting-maid-ban-proving-a-challenge.html

Survey Says Cambodia Lacks Fiscal Transparency

The government has failed to improve transparency of its finances, according to a global report released yesterday, which ranks Cambodia among the worst countries in the world for openness over budgets. The Washington-based International Budget Partnership’s Open Budget Survey 2012- conducted in Cambodia by NGO Forum- ...

http://www.cambodiadaily.com

Protest Becomes Secession When Liberties Are Taken With Words

This month’s eviction of villagers in Kratie province that resulted in the death of a 14-year-old girl was one of many such violent incidents over land that have erupted in Cambodia in recent years. But what set the May 16 violence apart was a word: ...

Soldiers cry foul over ‘land grabbing’

About 1,500 representatives of military families in Oddar Meanchey province are planning to file a complaint directly to Prime Minister Hun Sen’s office accusing a high-ranking Royal Cambodian Armed Forces general of selling a large chunk of their land to two Vietnamese rubber companies. The soldiers, ...

http://www.phnompenhpost.com/index.php/2012062557004/National-news/soldiers-land-grabbed.html

Capital ideas for developers

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers

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