Official Urges Students to Take Technical Studies to Find Work
A preference for NGO and government jobs among young Cambodians was contributing to a critical labor shortage in the industrial manufacturing sector, a Labor Ministry official said yesterday. Speaking to 3,000 prospective university students on Phnom Penh’s Diamond Island, Labor Ministry Secretary of State Pich Sophoan ...
The Week at the CSX
The price of Phnom Penh Water Supply Authority stock over the Sept. 6-12 period fluctuated between KHR 6,350 (US$1.57) and KHR 6,300 (US$1.55). The price on Sept. 6, KHR 6,350, fell to KHR 6,300 (US$1.58) on Sept. 7 and remained there until climbing to KHR 6,350 ...
Thais eye 2001 Gulf blueprint
Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...
Thais Appeal Sentence in Prisoners Case
Three Thai convicted of imprisoning three other Thai and two Chinese nationals over debts owed to a Poipet City casino asked the Appeal Court yesterday to reduce their 25-year prison sentences. The defendants-Chelao Keutthang,42; Chanadet Chareunsuk, 28; and Narungvit Cheuman, 28-were arrested in November 2009 when Banteay ...
Social Work to shape Kingdom
Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...
http://www.phnompenhpost.com/index.php/2012092558885/Lifestyle/social-work-to-change-cambodia.html
Latex exports rise, revenues fall
Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...
http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html
Thais to set up maize plant
THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, ...
http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html
Mobile phones could replace credit cards
Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...
Villagers Protest Loss of Local Crematorium to Private Firm
More than 100 villagers in Russei Keo district’s Prek Liep commune protested outside the Pur Thiproek pagoda on Saturday against plans to remove the crematorium, claiming the head monk had agreed to sell the land to a local property company. “That crematorium was built by ...
Cambodian land rights campaigner jailed for 20 years
A Cambodian court has jailed a 71-year-old broadcaster and land rights campaigner for 20 years after finding him guilty of leading an anti-state rebellion, a verdict condemned by activists as the latest crackdown on human rights. Three judges at the Phnom Penh court convicted Sonando, who ...
http://www.guardian.co.uk/world/2012/oct/01/cambodia-land-rights-campaigner-jailed
Holiday blues hit factories
Tens of thousands of garment workers will enjoy an early start to the Pchum Ben holiday today as they trek back to their homeland. Their excitement, however, is not shared by their bosses, who will be left to rue a week-long halt in production. Enterprise and establishment ...
http://www.phnompenhpost.com/index.php/2012101159238/National-news/holiday-blues-hit-factories.html
Energy security linked to firm borders
Energy supplies will be more secure once territorial disputes between Thailand and Cambodia are resolved, Department of Mineral Fuels director-general Songpob Polchan said on Friday. Mr Songpob said that the sooner Thailand and Cambodia are able to work out their differences, the sooner they can exploit ...
http://www.bangkokpost.com/breakingnews/330370/end-to-border-row-to-help-energy-sector
Lack of Redress For Farmers Contributes to H5N1 Spread
While the ministries of health and agriculture are taking measures to stem the spread of avian influenza – which claimed its fifth victim in just three weeks on Thursday – a lack of compensation for poultry owners affected by culling is limiting their effectiveness, officials ...
http://www.cambodiadaily.com/news/lack-of-redress-for-farmers-contributes-to-h5n1-spread-9854/
Gold Being Sold Fast as Int’l Price Drops
The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...
Villagers in Sihanoukville Ordered off Disputed Land
The Preah Sihanouk Provincial Court has ordered villagers living on disputed land in Sihanoukville to leave the area by Thursday, according to a statement released by th the court yesterday. “We wish to inform people living in Muoy commune’s Phuom Bei village that on August 9, ...
Mobile Phone Subscriptions Near 20 Million
The number of mobile telephone subscriptions reached nearly 20 million at the end of June, representing 135 percent of the total population, the telecoms minister said last week. The number of mobile subscriptions first topped Cambodia’s total population of 14.5 million people in November last year, ...
Union boss grilled on incitement allegation
The president of the Cambodian Confederation of Unions Rong Chhun appeared in Kandal Provincial Court for nearly three hours yesterday, fielding questions stemming from accusations of incitement and defamation, the union boss said. According to Chhun, his appearance was related to a complaint alleging that he had incited ...
Report Shows Advanced Illegal Timber Trade
Cambodia is among the tropical countries whose forests are being cleared using increasingly advanced methods to feed a growing global trade in illegal timber worth at least $30 billion a year, according to a new report. The report, Green carbon, black trade, a joint effort by ...
Cambodia sees sharp rise in trade volume with its neighbors last year
Cambodia has seen a remarkable rise in trade volume with its neighboring Vietnam and Thailand in 2012, official statistics showed on Friday. The bilateral trade with Vietnam was worth 3.3 billion U.S. dollars last year, up 18 percent year-on-year, according to a data from the Vietnam ...
http://news.xinhuanet.com/english/business/2013-03/01/c_132200604.htm
Court Clears Leopard Capital in Loan Case
The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing Inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...