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IFC accepts complaint over Ratanakkiri rubber plantations

The International Finance Corporation’s compliance ombudsman has officially accepted a complaint filed by ethnic minority families in Ratanakkiri province against the IFC for investing in rubber plantations accused of stealing land and clearing forests. In a letter sent to the families on Monday, the ombudsman deems ...

Zsombor Peter
http://www.cambodiadaily.com/news/ifc-accepts-complaint-over-ratanakkiri-rubber-plantations-53251/

Cambodia's Hun Sen says no political motive behind recent arrests

Cambodia’s Prime Minister Hun Sen on Thursday lashed out at critics who claimed that the recent arrests of four opposition officials for their alleged roles in a violent protest were politically motivated, saying they had committed criminal acts and must be tried according to law. The ...

Big News Network News Staff
http://www.bignewsnetwork.com/index.php/sid/228037539

Investors start to see potential returns in Cambodian Startups

Lack of trust from investors has so far limited the growth potential of the growing number of Cambodian technology startups. Five-year old Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become one of the country’s first local tech startups ...

Sophat Soeung and Neou Vannarin
http://www.voacambodia.com/a/investors-start-to-see-potential-returns-in-cambodian-startups/3804195.html

Brokers nabbed at airport

Four brokers accused of duping 19 victims out of thousands of dollars for non-existent jobs in South Korea were arrested at Phnom Penh International Airport on Saturday. Keo Thea, chief of Phnom Penh’s anti-human trafficking and juvenile protection department, said Por Sen Chey district police arrested ...

http://www.phnompenhpost.com/index.php/2012080657832/National-news/brokers-nabbed-at-airport.html

Informing traders and associations to export and import goods through Vietnam to China through the land border between Vietnam and China.

On 03 January 2022, the Ministry of Commerce issued a press release on informing traders and associations to export and import goods through Vietnam to China through the land border between Vietnam and China.According to the Ministry of Industry and Trade of the Socialist Republic ...

Ministry of Commerce

Download: pdf

Press release: Japanese Foreign Minister to pay an official visit to Cambodia

On 1 July 2024, the Ministry of Foreign Affairs and International Cooperation issued a press release regarding Japanese Foreign Minister to pay an official visit to Cambodiaon their official website.According to the press, at the invitation of His Excellency Sok Chenda Sophea, Deputy Prime Minister ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

Garment Factory Monitoring Needs to Improve

The International Labor Organization’s (ILO) Better Factories Cambodia (BFC) program must overhaul its monitoring practices before it can meaningfully improve working conditions in the garment sector, accoring to the authors of a new report. the new report by Community Legal Education Center and the Netherlands-based ...

Sand Settles on Boeng Kak Project as Site’s Future Uncertain

In Phnom Penh’s Daun Penh district there is a 133-hectare mound of sand that was once a lake. It took nearly four years to fill Boeng Kak with that sand. On the southern perimeter of the massive sand pit sit two large billboards. On those billboards there ...

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Former Manager Admits Stealing $2.3M From Canadia Bank

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth So­pheaktra, 30, to ...

Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/

Helicopters to ‘Protect’ government

As political deadlock continues, Minister of Defence Tea Banh yesterday used the unveiling of 12 Chinese-made military helicopters to announce that the Royal Cambodian Armed Forces stand “ready to protect” the government and constitution, following what he called “free and fair” elections in July. Speaking in ...

Vong Sokheng
http://www.phnompenhpost.com/national/helicopters-%E2%80%98protect%E2%80%99-government

Hun Sen’s Son Says CNRP Is Paying Protesters

Hun Manith, the second son of Prime Minister Hun Sen, has suggested that the large turnout at the CNRP’s eighth consecutive day of marches through Phnom Penh on Sunday was the result of paying protesters to show up. An estimated 30,000 people gathered at Freedom Park ...

Alex Willemyns
http://www.cambodiadaily.com/news/hun-sens-son-says-cnrp-is-paying-protesters-49624/

Electric car is still on the charger

What happened to Cambodia’s electric car? The short answer is, the wait continues. More than seven months after its owners unveiled the new and improved Angkor EV 2013 to great fanfare, they are chronically short of funding and assembly is taking place in piecemeal fashion. Seang Chan ...

http://www.phnompenhpost.com/business/electric-car-still-charger

Floods Kill Eight More as Evacuees Face Health Problems

The death toll caused by severe flooding along the Mekong River increased by eight yesterday, bringing the total number of deaths over the past two weeks to more than 20, including 11 children, an official said. Keo Vy, deputy chief of the information department at the ...

Ben Sokhean and Lindsey Peterson
http://www.cambodiadaily.com/news/floods-kill-eight-more-as-evacuees-face-health-problems-43686/

Canadia Bank’s Credit Chief Aided $2.3M Embezzlement

One of the four suspects who have been arrested for their alleged involvement in the theft of $2.3 million from Canadia Bank was the head of the bank’s credit section during the time that the embezzlement scheme was carried out, according to a senior adviser ...

Colin Meyn and Eang Mengleng
http://www.cambodiadaily.com/news/canadia-banks-credit-chief-aided-2-3m-embezzlement-44777/

Cambodia’s Ruling, Opposition Parties Debate Prospects for Fresh Talks

Prime Minister Hun Sen’s Cambodian People’s Party (CPP) and the opposition are debating prospects of new talks aimed at ending their political deadlock three months after disputed national elections thrust the country into a crisis. But chances of a fresh meeting between the two sides following ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/talks-10282013174112.html

Apartment demand falters in Q3

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

Siv Meng
http://www.phnompenhpost.com/real-estate/apartment-demand-falters-q3

Local brands standing firm

Inside a shop in a restored building on the corner of Sothearos Boulevard and Street 266, nearly 10 Cambodians wearing the same uniform are walking around and cleaning tables. By the end of this year, Brown Coffee will have a total of eight branches in ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-brands-standing-firm

CNRP Denied Permission to March to UN, Embassies

The Phnom Penh Municipality on Friday said it would only allow 10,000 protesters to attend the opposition party’s planned mass-demonstration next week and that the demonstrators would not be allowed to leave Freedom Park. On Friday, the municipality officially rejected the CNRP request to hold a ...

Khuon Narim and Denise Hruby
http://www.cambodiadaily.com/elections/cnrp-denied-permission-to-march-to-un-embassies-45470/

Boeng Kak Women March for Activist’s Release

More than 50 supporters of jailed anti-eviction activist Yorm Bopha marched through central Phnom Penh on Tuesday to demand her speedy retrial, acquittal and release, visiting the Supreme Court, the Royal Palace and the European Union and World Bank offices. Ms. Bopha has consistently professed ...

Khy Sovuthy
http://www.cambodiadaily.com/news/boeng-kak-women-march-for-activists-release-42147/

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