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Cambodia holds construction, property expo as construction sector booms

An international construction and property exhibition kicked off here, in the capital city of Cambodia, on Wednesday as the country’s construction continued enjoying strong growth, officials said. Andrew Siow, chief executive officer of AMB Event-Cambodia, which organized the expo at the capital’s Diamond Island Exhibition Center, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-09/10/c_133632913.htm

Business bribery is rife: report

Cambodia has again ranked as one of the most corrupt countries in the world with the release of global anti-bribery association TRACE’s bribery risk index. According to the index, titled the TRACE Matrix and released on November 11, Cambodia is the fifth most at risk country ...

Eddie Morton
http://phnompenhpost.com/business/business-bribery-rife-report

Shortfalls noted for women in politics

At a celebrAtion of InternAtional Women’s Day yesterday, Cambodia NAtional Rescue Party (CNRP) vice president Kem Sokha said women play key roles in the Kingdom’s development, but noted thAt women in his own party still lack total equality. About 200 people came to LyLa restaurant in ...

Taing Vida
http://www.phnompenhpost.com/shortfalls-noted-women-politics

Petrol prices decline, diesel remains steady

Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...

May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady

Startups to power Cambodia’s Pentagonal Strategy

Cambodia’s future lies in startups was the broad message at the Startup Ecosystem Forum: Connect 2024 at Raintree Cambodia held in Phnom Penh on Friday. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501457944/startups-to-power-cambodias-pentagonal-strategy/

Despite Popularity, Rainsy’s Role Remains Uncertain

When opposition leader Sam Rainsy last touched down at Phnom Penh International Airport, he was greeted by some 100,000 supporters in what was the largest opposition rally in Cambodia’s 20 years of democracy. When he returns on Friday from the U.S., where he has been at­tending ...

http://www.cambodiadaily.com/elections/despite-popularity-rainsys-role-remains-uncertain-39565/

Rainsy Amasses Support Ahead of Monday’s Rally

Opposition leader Sam Rainsy on Friday visited vendors in Phnom Penh’s Olympic and Russian markets and appealed to voters disgruntled by preliminary election results awarding a victory to the CPP to join a planned opposition rally at Freedom Park on Monday. As he toured both markets, ...

Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/elections/rainsy-amasses-support-ahead-of-mondays-rally-40743/?utm_source=rss&utm_medium=rss&utm_campaign=rainsy-amasses-support-ahead-of-mondays-rally

Home for the holidays

Still agitated 20 minutes after the rally in front of SL Garment Processing (Cambodia) Ltd had dispersed yesterday, Choem Som Im held up seven fingers as she jerked her arms forward and spoke in an equally sharp tone. The dilemma, faced by many garment workers, ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/home-holidays

CMAC Closes Probe Into Fire Amid Allegations of Corruption

The Cambodian Mine Action Center (CMAC) said Wednesday that it has closed its investigation into a fire at an equipment repair workshop in Battambang City on January 24 that destroyed equipment and vehicles worth an estimated $400,000. Heng Ratana, CMAC’s director-general, said that the fire had ...

Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/cmac-closes-probe-into-fire-amid-allegations-of-corruption-51543/

2,500 workers in Bavet SEZ go on strike

More than 2,000 workers at three factories in Svay Rieng’s Bavet City went on strike Saturday, claiming their bosses owed them money. About 500 workers at the You Li factory, which makes baby clothes, went on strike Saturday because management refused to pay them for Thursday ...

Mech Dara
http://www.cambodiadaily.com/news/2500-workers-in-bavet-sez-go-on-strike-56762/

Inflation Report To Be Delayed Official Says

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...

Low Funds May Have Led to CPI Suspension

An official at the Ministry of Planning said yesterday that a lack of funds may be to blame fo the Ministry of Finance and Economy suspending the publication of June’s consumer price index. Sam Saroeun, deputy director of the statistics department at the Ministry of ...

Thai rail link back on track

Representatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the ...

http://www.phnompenhpost.com/index.php/2011121353318/Business/thai-rail-link-back-on-track.html

Demand for office space making a comeback

  After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...

Tax revenues from casinos climb 25 per cent in 2011

The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. at least one government official, however, said the lack of a regulatory regime ...

http://www.phnompenhpost.com/index.php/2011122853644/Business/tax-revenues-from-casinos-climb-25-per-cent-in-2011.html

Vattanac in damage denial

A top executive from Cambodian company Vattanac yesterday denied the firm had damaged colonial-era buildings along the capital’s riverfront, as one local business owner sought a new home. Construction at a Vattanac building site – situated on Phnom Penh’s Sisowath Quay – has been at ...

http://www.phnompenhpost.com/index.php/2011080350834/National-news/vattanac-in-damage-denial.html

Garment factory back in business after last week’s mass fainting

Three workers at M&V International Manufacturing Ltd’s garment factory in Kampong Chhnang factory fainted yesterday and about 20 others were permitted to stop working for two more days due to poor health, a representative of their union said. Nearly 300 workers fainted at the factory last ...

Tep Nimol, Don Weinland, P. 5
http://www.phnompenhpost.com/national/garment-factory-back-business-after-last-week%E2%80%99s-mass-fainting

Maid agency raid rescues 22 women, girls

Following a raid on a Phnom Penh recruitment agency, military police yesterday detained two people and rescued 22 girls and women aged 13 to 25 who claimed they were being held against their will ahead of being sent to Malaysia to work as maids. Municipal military ...

Villagers salute Chea Dara

A mother whose family face eviction from their home at Boeung Kak lake was farewelled at a funeral on Saturday evening, hours after her body was found in the Mekong River. Chea Dara’s body was identified by family members on Saturday in Samraong Thum commune, Kien ...

http://www.phnompenhpost.com/index.php/2011112853004/National-news/villagers-salute-chea-dara.html

ClickNet looks to have signed off

A closed sign hung on the door of ClickNet’s Phnom Penh office during business hours yesterday, and the internet service provider’s Siem Reap office had also reportedly closed. ClickNet’s internet service has been down in Siem Reap since Monday, Thaddée Bechtold, CEO at internet technologies firm ...

http://www.phnompenhpost.com/index.php/2011120253097/Business/clicknet-looks-to-have-signed-off.html

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