ANZ Implicated in Sugar Plantation Evictions
Three NGOs on Wednesday called on ANZ Royal Bank to help the hundreds of families who have lost farmland to a sugar plantation that the bank helped to finance in Kompong Speu province. The NGOs also made public a 2013 social and environmental impact assessment of ...
Zsombor Peter
http://www.cambodiadaily.com/business/anz-implicated-in-sugar-plantation-evictions-50980/
Tragedy hits home
Seven Cambodians are now believed to have been killed and 14 injured by a falling beam at a construction site in Thailand on Tuesday, Foreign Affairs spokesman Koy Kuong said yesterday. “Cambodian embassy officials in Bangkok are working with the Thai police to find out the ...
Cheang Sokha and Shane Worrell
http://www.phnompenhpost.com/national/tragedy-hits-home
EdC under pressure
One month after the capital’s power provider promised to end chronic city blackouts for good this hot season, residents and businesses continue to find themselves sweltering in the heat and throwing away any spoilable goods due to the unpredictable losses of electricity. In March, Electricite du ...
Laignee Barron and Chhay Channyda
http://www.phnompenhpost.com/national/edc-under-pressure
Murder down, crime up
Phnom Penh’s murder rate was halved in 2013 as compared with 2012, but the same could not be said for crime cases across the board, which jumped a whopping 62 per cent last year, municipal police announced yesterday. “There were a total of 775 cases of ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/murder-down-crime
Rubber company suspends projects as World Bank investigates
A World Bank-supported rubber company accused of land grabs has suspended some of its projects, as an investigation by the bank continues. The Hoang Anh Gia Lai company, which received support from the bank’s International Finance Corporation, said in a decision following an April 2 ...
Sok Khemara
http://www.voacambodia.com/content/rubber-company-suspends-projects-as-world-bank-investigates/1908775.html
ANZ sugar fallout broadens
Shareholders will want answers from ANZ bank after it was revealed this week that the banking giant’s joint venture in Cambodia financed ruling party senator Ly Yong Phat’s controversial sugar plantation, the Responsible Investment Association Australia (RIAA) said yesterday. Environmental audit documents obtained by the Post on Tuesday ...
Daniel de Carteret
http://www.phnompenhpost.com/business/anz-sugar-fallout-broadens
Prey Speu tales conflict
Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...
Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict
Bear-cub rescues lift tally to nine in 2014
Nine sun bear cubs have been rescued in the first 10 months of this year, according to the Phnom Penh office of NGO Wildlife Alliance. The cubs, some as young as two weeks, were saved by government rangers and the NGO’s Wildlife Rapid Rescue Team (WRRT), ...
Phak Seangly
http://phnompenhpost.com/national/bear-cub-rescues-lift-tally-nine-2014
Rubber smuggling threatens industry’s recovery
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/
Kek’s NEC eligibility in doubt
Although Prime Minister Hun Sen and opposition leader Sam Rainsy on Friday agreed that no member of an overhauled National Election Committee could have multiple nationalities, it remains unclear whether rights activist and triple national Pung Chhiv Kek is out of the running for the ...
Kevin Ponniah and Meas Sokchea
http://phnompenhpost.com/national/kek%E2%80%99s-nec-eligibility-doubt
Ministries unite to fight antimicrobial resistance
An action plan on antimicrobial resistance has been launched by the government to promote human and animal welfare in agriculture. The launch of the Multi-Sectoral Action Plan on Antimicrobial Resistance 2019-2023 was held on Monday in Phnom Penh. The strategy is the work of the ministries ...
Pech Sotheary
https://www.khmertimeskh.com/50673496/ministries-unite-to-fight-antimicrobial-resistance
OSK Indochina Bank acquired by RHB Capital
One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...
Official pushes for an information access act
Many groups, including the ruling party, would benefit from a proposed access to information law – which would provide transparency when it comes to the government’s development plans and spending – a Council of Ministers official said yesterday. Tuot Lux, a legal expert who has been ...
Japanese to donate medical equipment
The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment
ASEAN needs more funding
ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity ...
http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html
Piaggio to return to Cambodia with legendary Vespa scooters
Europe’s largest manufacturer of two-wheeled vehicles, Italy’s Piaggio, will return to Cambodia in September, being absent since the Khmer Rouge takeover. Vespa Cambodia Co Ltd, part of Narith Long’s Narita group, signed an exclusive distribution agreement with Piaggio last month to distribute its Piaggio scooters, ...
Anthony Galliano, P. 9
http://www.phnompenhpost.com/index.php/2012070357156/Business/piaggio-cambodia-vespa.html
Mango producers struggle to meet Korean standards
It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards
Endangered gibbons released into the wild
As part of an ambitious rewilding project in the forest surrounding the iconic Angkor Wat, a pair of endangered pileated gibbons were released yesterday by the Apsara Authority, the Forestry Administration and conservation NGO Wildlife Alliance. This is the third pair of pileated gibbons that ...
Sen David
https://www.khmertimeskh.com/50740974/endangered-gibbons-released-into-the-wild/
ADB projects a rebound in growth for 2021
Asian Development Bank (ADB) has adjusted its medium-term outlook for Cambodia’s economy, projecting that it will contract by 4 percent by the end of the year. ADB’s previous outlook had projected that the national economy would decline by 5.4 percent compared with last year, as ...
Sok Chan
https://www.khmertimeskh.com/50788737/adb-projects-a-rebound-in-growth-for-2021/
Cambodia has potential for social businesses
Despite challenges, Cambodia has potential for the establishment and expansion of social businesses, participants of the Microfinance & Social Business Conference in Phnom Penh said yesterday. While social business in Cambodia is still in an early phase compared to micro-finance “Cambodia is a promising land” for such ...