Cambodia lacks skilled workforce
Against the backdrop of the slight recovery by world economies, especially the US and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ...
http://www.phnompenhpost.com/2013011160733/CEO-Talk/cambodia-lacks-skilled-workforce.html
In Phnom Penh, the Vespa Comes Back 'Officially'
“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...
Bo Xilai accomplice's location uncertain
Patrick Devillers, the French national and associate of disgraced Chinese politician Bo Xilai, seemed to be putting down roots in Cambodia. The architect – whose shadowy presence has been on the fringes of one of modern China’s largest political scandals – owned land and a restaurant ...
Water Supply Begins to Return to Sihanoukville
Anco Water Supply, a private company that is supplying Sihanoukville with access to fresh water has alleviated a water shortage that began when a state-owned reservoir dried up more than a week ago. Preah Sihanouk provincial governor Sbuon Sarath said that running water had been restored ...
Critics Say Hun Sen’s Land Title Program Is Biased
A controversial land titling program set up by Prime Minister Hun Sen has been suspended ahead of the July 28 elections, but critics say the program should not be restarted. The titling program itself began in December 2012 and is expected to end after elections scheduled ...
Scooter connects to phone
Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...
http://www.phnompenhpost.com/business/scooter-connects-phone
European Lawmakers Press for Probe of Land Concessions
Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...
Logistics and insurance firms driving office market
Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...
Draft of New Public Land Policy Is Released
The government on Friday released a draft of a new public policy guide on the county’s contentious land sector, a move that was welcomed by NGOs, who also called for the government to hold further consultations on the draft. Local rights groups have singled out ...
http://www.cambodiadaily.com/news/draft-of-new-public-land-policy-is-released-20672/
H&M Says Garments Made in Cambodian Factory Without Approval
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...
Rainsy, Sokha Draw Large Crowds in Siem Reap
SIEM REAP CITY/KOMPONG THOM CITY – Opposition leaders Sam Rainsy and Kem Sokha led a parade of more than 20,000 supporters on Wednesday through the streets of Siem Reap City in what was the second-largest turnout for an opposition rally since Mr. Rainsy landed in ...
http://www.cambodiadaily.com/elections/rainsy-sokha-draw-large-crowds-in-siem-reap-36614/
Cambodia enjoys travel growth
Cambodia’s tourist arrivals registered a 19.9% growth in February according to the country’s statistics and tourist Information Department. The country welcomed 385,760 visits compared to 321,870 during the same month in 2012. Released by the Ministry of Tourism, Monday, data showed neighbouring Vietnam was the top supplier ...
http://www.ttrweekly.com/site/2013/05/cambodia-enjoys-travel-growth/
Police Investigating Third Suspect in Mondolkiri Mining Fraud
Police said Thursday they are investigating the possibility of a third suspect who has been implicated in a fraud and forgery case over a mining deal, for which a Cambodian businessman and a Chinese associate are already awaiting trial. The Phnom Penh Municipal Court on Tuesday ...
Simon Lewis and Eang Mengleng
http://www.cambodiadaily.com/news/police-investigating-third-suspect-in-mondolkiri-mining-fraud-41441/
Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank
Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...
Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376
Villagers ‘paid to log’ lost land
Local communities that lost their land via economic land concessions to private companies are now being paid by those same firms to illegally fell the trees that once sustained their livelihoods, a group of five advocacy groups contended yesterday. At a press conference, the NGOs singled ...
May Titthara
http://www.phnompenhpost.com/national/villagers-%E2%80%98paid-log%E2%80%99-lost-land
Sewage canal bursts its banks
Raw sewage spewed onto Street 105 from the antiquated discharge canal running parallel to it yesterday as heavy rains continued to create headaches in the capital. The putrid water lipped homes and local business on the street in Chamkarmon’s Boeung Trabek commune, alarming residents. Togo Uchida, ...
Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/sewage-canal-bursts-its-banks
IMF Managing Director Christine Lagarde to Visit Cambodia
nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...
Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/
Premier’s Vietnam Visit Draws Opposition Ire
Prime Minister Hun Sen is scheduled to pay a three-day visit to Vietnam later this week, a move criticized by opposition officials who say the premier should stay in Cambodia to deal with the country’s ongoing political deadlock. “What is necessary at this time is to ...
Sok Khemara
http://www.voacambodia.com/content/premier-vietnam-visit-draws-opposition-ire/1816809.html
Cops nab 2 in foreigner shootings
A man suspected of robbing and shooting two foreign nationals late last month was shot four times on Monday night during a shootout with police before being taken into custody. Police also apprehended a second, uninjured suspect after the shootout. Chea Sovann, 32, and Sa Ravan, ...
Kim Sarom
http://www.phnompenhpost.com/national/cops-nab-2-foreigner-shootings
The Sihanoukville option
As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...
Chris Horton
http://www.phnompenhpost.com/real-estate/sihanoukville-option