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Cambodia Real Estate Could Benefit From QE3

Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj

Eight-year investment in Cambodia's airports

Almost $400 million will be invested in Cambodia’s airports over the next eight years, the trade magazine Airport World has reported. The investment will fund the extension to the international terminal at Phnom Penh’s airport, the upgrading of Siem Reap’s airport and improvements to the Sihanoukville ...

http://www.phnompenhpost.com/index.php/2012110859632/Business/eight-year-investment-in-cambodias-airports.html

Government Silent on Atai Dam Damage

With three workers still missing after a major breach at a chinese built hydropower dam in Pursat province on Saturday, the Government’s investigation into what went wrong and why appears to be moving slowly. A large set ion of a concrete tunnel at Stung atai ...

http://www.cambodiadaily.com/

11th World Huang clan convention held in Cambodia

About 3,000 Chinese in Huang clan from around the globe gathered here Wednesday to bridge closer ties among Huang families and to visit Cambodia’s attractive tourism destinations. Speaking at the opening of the 11th World Huang Clan Convention 2nd Session, Cambodian Minister of Commerce Cham Prasidh, ...

http://news.xinhuanet.com/english/culture/2012-12/05/c_132021075.htm

Keep Checkpoints Open, Hun Sen Tells Thai Envoy

Prime Minister Hun Sen yesterday told the newly appointed Thai Ambassador Touchayoot Pakdi that border checkpoints between the two countries need to remain open in order to promote trade and tourism and combat border crimes. Mr. Hun Sens remarks to Mr Pakdi came during a ...

http://www.cambodiadaily.com/

Low pay fuels anger among Cambodia's garment workers

As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh’s outskirts. The clothing industry’s desire for cheap labour having created an abundance of jobs but as the number of international clothes companies tapping into Cambodia’s workforce grows, so does ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1259888/1/.html

Bandith trial ends with prosecutor accusing two

The final day of former Bavet town governor Chhouk Bandith’s trial on Friday saw heated argument between lawyers and witnesses over who was responsible for shootings that injured three garment factory workers at a demonstration last year. More than 20 witnesses testified during the three days ...

http://www.phnompenhpost.com/2013061766308/National/bandith-trial-ends-with-prosecutor-accusing-two.html

Shops to close, limit hours

Many restaurants, shops, supermarkets and tourist sites in Phnom Penh and Siem Reap will operate at a limited capacity or close entirely this Sunday as Cambodians line up at voting stations to elect a new government. “We will close the whole day on the 28th,” Kong ...

http://www.phnompenhpost.com/business/shops-close-limit-hours

Cambodia predicts 7.6 percent GDP growth in 2013

Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...

http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm

5,000 Protest for Benefits in Kompong Speu

About 5,000 garment workers from a factory in Kompong Speu province, which manufactures clothing for U.S sports giant Nike, yesterday blocked National Road 4 demanding additional allowances, such as transport and maternity bonuses, a union representative said. The protest at Sabrina (Cambodia) Garment MFG Corp., in ...

http://www.cambodiadaily.com

Sar Kheng orders an end to CPP support petitions

The Interior Ministry has ordered local authorities to stop collecting thumbprinted letters of election support, echoing NGOs who alleged earlier this week that the practice amounts to intimidation. “Municipal and provincial governors shall stop immediately making petitions to support the results of the fifth mandate of ...

http://www.phnompenhpost.com/national/sar-kheng-orders-end-cpp-support-petitions

CPP, CNRP second meeting produces three point agreements

Monday morning’s meeting held at the National Assembly between the ruling Cambodian People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) leaders ended around 1:30 in the afternoon, producing a joint agreement by both parties. After the meeting the two opposing party senior officials announced ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2I5NDNkMTg5NWE

Political Negotiators To Meet Friday Over Impasse

Negotiators for Cambodia’s ruling and opposition parties say they will meet on Friday ahead of potential talks between party leaders, in an attempt to end a months-long political stalemate. Three persons each from the ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party will ...

Heng Reaksmey
http://www.voacambodia.com/content/political-negotiators-to-meet-friday-over-impasse/1821552.html

Cambodian opposition says talks with ruling party to resume next week

The opposition Cambodia National Rescue Party (CNRP) said Friday that talks with Prime Minister Hun Sen’s ruling party over political dispute will be resumed on Tuesday next week. “Officials at working group levels of the two parties will meet on Tuesday, Nov. 5 at the Parliament ...

Global Times News Staff
http://www.globaltimes.cn/content/821939.shtml#.UnZEQvlgd8E

Cambodia's trade with Vietnam reaches 2.7 bln USD in 9 months

Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/14/c_132887645.htm

Kratie wood trucked to Vietnam nightly: NGO

A Vietnamese company has been transporting thousands of dollars’ worth of illegally logged luxury timber from Kratie’s Snuol district to Vietnam on a nightly basis under the nose of authorities, an environmental protection NGO said yesterday. at least 10 trucks with an estimated five cubic metres of ...

Phak Seangly
http://www.phnompenhpost.com/national/kratie-wood-trucked-vietnam-nightly-ngo

Taiwanese bank now owns 70 pct of UCB

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb

Sabrina workers out after months in jail

Eight unionists locked in prison in Kampong Speu province since violent clashes at the Sabrina Garment factory in May and June were released on bail yesterday, court and union officials said. Cheum Rithy, a provincial judge, said he had decided to release the eight Free Trade ...

Mom Kunthear
http://www.phnompenhpost.com/national/sabrina-workers-out-after-months-jail

China delivers Cambodia helicopters

Twelve Chinese-made helicopters that Cambodia purchased from China were delivered Monday to the Cambodian Defence Ministry. at the handover ceremony, Cambodian Defence Minister Gen Tea Banh said the Zhi-9 utility helicopters will be used for military training purposes and for cracking down on crimes in various ...

Bangkok Post News Staff
http://www.bangkokpost.com/breakingnews/381633/military-helicopters-delivered-to-cambodia

Man healed, held against will

Today, a month to the day after his stomach ruptured, Term Hun, 49, remains hospitalised. He was operated on and has long since healed. But without the money to pay for his treatment, the clinic refuses to let him go. After receiving emergency surgery at ...

Koam Chanrasmey and Sean Teehan
http://www.phnompenhpost.com/national/man-healed-held-against-will

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