Demand for Gold Rises as World Price Falls
Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...
http://www.cambodiadaily.com/business/demand-for-gold-rises-as-world-price-falls-33097/
Hun Sen Hopes for Increased Rubber Exports
Prime Minister Hun Sen said Wednesday that he hoped land being registered to rural families as part of the government’s nationwide land-titling program would be used to cultivate rubber trees in order to help the country compete with Vietnam as the world’s third-largest rubber exporter. ...
http://www.cambodiadaily.com/news/hun-sen-hopes-for-increased-rubber-exports-24502/
Cambodia records 973 critically endangered white-shoulder ibis: survey
Cambodia has recorded some 973 white-shoulder ibis in its wild, making the country the stronghold for this critically endangered species, the conservationists group said Thursday. BirdLife International and its partners including Cambodian Forestry Administration, People Resources and Conservation Foundation, Wildlife Conservation Society and Worldwide Fund for ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/sci/2013-11/07/c_132868146.htm
Study charts AIDS progress
Cambodia’s decline in HIV/AIDS mortalities has made it a regional anomaly, according to a new study published today by a global health research centre at the University of Washington. While HIV/AIDS remains a leading cause of disease burden in Malaysia, Myanmar, Thailand and Vietnam, and mortality ...
http://www.phnompenhpost.com/national/study-charts-aids-progress
Gaming outfit reports loss
Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...
http://www.phnompenhpost.com/business/gaming-outfit-reports-loss
Try Pheap Bulldozers Return to Clear Land, Stopped by Protesters
About 100 villagers in Preah Vihear province’s Rovieng district on Saturday turned out in protest for the second time this week to prevent a bulldozer that belongs to well-known businessman Try Pheap from clearing their land next to his rubber plantation, local officials and residents ...
Prisons awash with inmates
More than two weeks since some 850 inmates were evacuated from Banteay Meanchey prison after floodwater caused a wall to collapse, the move is illuminating just how overcrowded their destinations are, an NGO worker has said. Sharon Critoph, a prison consultant for rights group Licadho, said ...
Amelia Woodside and Chhay Channyda
http://www.phnompenhpost.com/national/prisons-awash-inmates
Details murky in Environment Ministry Phnom Penh land swap
In 2011, the Environment Ministry entered into a deal with the Ratana Cooperation and Construction company to swap its valuable 2,400-square-meter location on Sihanouk Boulevard in Phnom Penh’s Tonle Bassac commune for a 9,000-square-meter plot of land and a new headquarters 20 km away in ...
Khy Sovuthy
http://www.cambodiadaily.com/news/details-murky-in-environment-ministry-phnom-penh-land-swap-53323/
No criminal charges against hit-and-run officer
Police said Sunday that they will not pursue charges against Ek Sovannara—the son of a former Kandal provincial police chief—whose Lexus SUV on April 12 crashed into a motorbike carrying three men, killing one and causing the other two to have their left legs amputated. The ...
Aun Pheap
http://www.cambodiadaily.com/news/no-criminal-charges-against-hit-and-run-officer-58992/
Inflation Hits 14-Month High As Food Prices Continue to Rise
Inflation rose to 6.5 percent in May when compared to the same time last year, marking a 14 month high. Consumer prices are also shown to have risen by 1.4 percent with meat, fish and vegetables as the main culprit as they increased as well. ...
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Supertex workers in new strike
Textile workers at the Supertex factory are considering holding another strike because their compensation demands have not been met during an Arbitration Council hearing. Previously Supertex announced it was closing its factory without having given prior notice, prompting the 1,600 works to seek arbitration. With ...
Work on Canadia rice mills begins
Canadia Bank Plc has begun construction on a rice processing facility worth $8 million as Prime Minister Hun Sen aims to export 1 million tonnes of milled by rice a year by 2015. The new mill is being built in Takeo province and the rice ...
http://www.phnompenhpost.com/index.php/2011072650635/Business/work-on-canadia-rice-mills-begins.html
Villagers target new rubber plantation
Villagers in Svay Rieng province from 10 villages have taken part in an armed protest against the granting of a land concession in the forest that will turn it into a rubber plantation. The villagers claim to have been on the land since 1979 and ...
Kingdom's fish exports in decline
The Kingdom’s fish exports declined 48 per cent in the first nine months of 2011, as a result of growing local demand, according to Ministry of Commerce figures. The statistics showed that Cambodia’s export of fish totalled 1,099 tonnes from January to September, compared to 2,123 ...
Borei Keila evictees ‘will die’ without aid
Borei Keila evictees sleeping under stairs at the site where their houses were bulldozed in January would die unless more aid organisations provided them with food, an NGO representative said yesterday. Amnesty International paid for the Housing Rights Task Force (HRTF) to deliver more than 1,200 ...
Cops net 200kg of exotic meat in Stung Treng raid
The vendors escaped, a forestry official said on Sunday.A Forestry Administration official who took part in the raid and asked to remain anonymous said the 200kg haul included 81kg of various meat, 5kg of dried boar, 52.5kg of fresh boar and 23.5kg of sambar deer. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cops-net-200kg-exotic-meat-stung-treng-raid
Blaze in Meanchey destroys 10 homes
Ten homes housing 16 families in the capital’s Meanchey district were destroyed early Monday by fire, which police said was caused by an electrical malfunction. The homeowners, however, believe the blaze was caused by arson. Kong Thou, deputy chief of the Municipal Fire Office, said ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/blaze-meanchey-destroys-10-homes
Government collects $4.5B in revenue from tax, customs
A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...
Thou Vireak
https://www.phnompenhpost.com/business/government-collects-45b-revenue-tax-customs
Local officials urged to work with everyone regardless of politics, religion
Minister of Interior Sar Kheng on Wednesday instructed police officials and local authorities to serve the people without considering political affiliations or religion. In the handover ceremony of 1,646 motorbikes to police stations nationwide, Kheng told police officials that they must serve the people regardless ...