2012 Sees Jump in Land Disputes and Grants
Economic land concessions remain a major concern, with more than 230 people arrested in 2012, an increase of more than 150 percent from the year before, according to an annual report by the rights group Adhoc.
That means land conflicts have increased, Thun Saray, president
http://www.voacambodia.com/content/two-thousand-two-land-dispute-jump/1604014.html
Construction costs low, but could rise
Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE.
The company says the minimal increase is due to the
http://www.phnompenhpost.com/2013030761790/Real-Estate/construction-costs-low-but-could-rise.html
Chut Wutty witness had eyes elsewhere
Another witness to the fatal shooting of prominent environmentalist Chut Wutty and military police officer In Rattana has said he did not see who shot the men after testifying in Koh Kong provincial court yesterday.
Puom Ravin, a 37-year-old employee of the logging firm Timbergreen said
Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year.
Persistently weaker demand in the European and US markets remain the
PM insists worries about dam overblown
In February, Son Chhay wrote to the premier urging him to investigate illegal logging outside the legal clearing area slated for the Stung Tatai dam reservoir in Koh Kong province and the environmental destruction that would be wrought by the Stung Cheay Areng dam.
In a
http://www.phnompenhpost.com/index.php/2012071057322/National-news/worries-about-dam-overblown.html
France helps Microfinance and Hevea Sector
Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia.
A financing agreement of 800,000 Euros (1
ASEAN issues declaration to promote regional community
The 21st ASEAN Summit opened in Phnom Penh yesterday under the theme One Community, One Destiny, with meetings during the three-day event expected to tackle such issues as measures to build the ASEAN Community, regional peace and security, and strengthening co-operation between the bloc’s member
Cambodia's banking industry sees robust growth in 2012
Cambodia’s banking sector has maintained strong and steady growth in terms of loans and deposits in 2012 thanks to better economic performance, a central bank’s senior official said Tuesday.
“Our banking system remains robust this year despite economic crisis in Europe and economic slowdown in the
http://news.xinhuanet.com/english/business/2012-12/25/c_132062871.htm
Social Media Changing Cambodia’s Information Landscape
Changes in demography and technology have altered the behavior of Cambodian media consumers, with youth increasingly using social media platforms to share news and information.
Pen Sophal, a graduate student in media management at Sweden’s Royal Institute of Technology, says print and electronic media outlets in
Two Men Arrested After 1 Ton Of Rosewood Seized
Two men were arrested yesterday and more than 1 ton of rosewood was confiscated after the car they were using to transport the illegally logged luxury wood smashed through a police barricade in Kandal province, officials said.
Deputy Kandal provincial police chief Sao Sothun said that
Phnom Penh Garment Factory Protest Resolved
More than 4,000 workers from two Phnom Penh garment factories belonging to a company that supplies international brands Gap, H&M and Levi Strauss returned to work yesterday after reaching an agreement with owners, union and factory representatives said yesterday.
Eah Chip Eang, personnel manager for SL
Factories Lend Travel Money to Ensure Garment Workers Vote
Often vilified for paying low wages in less than optimum work environments, Cambodia’s garment factory owners got into the swing of the commune elections this week, with many companies providing loans to help their workers travel home to vote.
With about 400,000 employees, the garment industry’s
ILO Releases its Report in World Day Against Child Labor
During the celebration of world day against child labor, ILO also released its message about the situation of child labor in Cambodia.
June 12th is a very important day for all of us, ILO said, adding that we recognize efforts made to promote children’s rights for the children of this country, and share
The Southeast Asia Weekly, P. 10
http://thesoutheastasiaweekly.com/
IMF: Cambodia’s economy expected to grow 7 pct in 2012
The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent.
Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to
http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits.
Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating
Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean?
In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and
Siem Reap International Airport records 340,000 passengers in January, South Korea stands first row
PHNOM PENH: the Siem reap international airport announced today that it gained 340,000 passengers for January and the South Korean passengers stand first class. “This is first time in its history, [sic] the statement said.
It adds: barely a month after crossing the 2-millionth passenger milestone,
Wait Out Elections, Firm in Land Dispute Told
Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday.
KDC, which is owned by Minister of Industry, Mines and Energy Suy
Prey Lang patrol claims more evidence
Community activists patrolling the Prey Lang forest for a second day yesterday claimed to have found more evidence of illegal logging – in the form of hundreds of cubic metres of timber and several hectares of cleared land.
Prey Lang network representative Hoeun Sopheap said villagers
Higher costs forcing Chinese firms to relocate to Southeast Asia
China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said
Buyers have “turned their eyes to manufacturers from Southeast Asian countries”,
http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html
