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China's Taiwanese bank looks into Cambodian financial sector

The Shanghai Commercial & Saving Bank (SCSB), one of the leading banks in China’s Taiwanese region, opened a representative office here on Monday thanks to increasing interest in Cambodia by Taiwanese business people, a bank official said. To date, Cambodia has six foreign banks’ representative ...

Global Times News Staff
http://www.globaltimes.cn/content/829199.shtml#.Up2E2cQW2Dt

Siem Reap hotel gets new owner

Minor Hotel Group Ltd (MHG), a wholly owned subsidiary of Thailand-listed Minor International Public Company Limited (MINT), has acquired majority ownership of Siem Reap-based Sothea Boutique Resort to strengthen MINT’s presence in Southeast Asia. After the $6.4 million deal, the Sothea Resort will be rebranded ...

Post Staff
http://www.phnompenhpost.com/business/siem-reap-hotel-gets-new-owner

Borei Keila deal taken by some

Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/borei-keila-deal-taken-some

Protest over Khmer Rouge land dispute

About 80 villagers calling for the release of two former Khmer Rouge soldiers allegedly arrested for illegally occupying land in Malai district rallied outside Banteay Meanchey Provincial Hall, locals and rights group Adhoc said yesterday. Community representatives Ly Khley and Hoeun Vy were detained on Tuesday ...

Chhay Channyda
http://www.phnompenhpost.com/national/protest-over-khmer-rouge-land-dispute

More Chinese humanitarian aid reaches Cambodia

The Cambodian Red Cross ( CRC) on Saturday distributed China-donated relief items to victims of last year’s flood, HIV/AIDS patients and disabled people. Bun Rany, CRC President and wife of Prime Minister Hun Sen, and Chinese Ambassador to Cambodia Bu Jianguo handed out the relief items ...

Global Times News Staff
http://www.globaltimes.cn/content/844146.shtml#.UwqmPPmSxqU

Operation ‘urgent’ for strike detainee

Representatives for a detainee held since his arrest at a strike in early January say the window to operate on his broken hand is closing. Phnom Penh Municipal Court on Friday will hear a special temporary bail request for Sokun Sombath Piseth, 31, one of 21 ...

Sean Teehan
http://www.phnompenhpost.com/national/operation-%E2%80%98urgent%E2%80%99-strike-detainee

Cashew plantations ‘destroyed’

Representatives of 50 families in Ratanakkiri’s Andong Meas district filed a complaint with rights group Adhoc yesterday alleging that a Vietnamese concessionaire is responsible for destroying about 50 hectares of cashew plantations. Sorl Penh, 58, a representative for the villagers from Nhang commune, said yesterday that ...

Phak Seangly
http://www.phnompenhpost.com/national/cashew-plantations-%E2%80%98destroyed%E2%80%99

Brands ‘violating contract rights’

Exclusive use of short-term contracts continues to impede progress in Cambodia’s garment sector, with major brands still sourcing from factories violating the statutory two-year limit on temporary employment, labour rights groups have warned. According to a report released last week by the Worker Rights Consortium (WRC), ...

Alice Cuddy
http://www.phnompenhpost.com/national/brands-%E2%80%98violating-contract-rights%E2%80%99

Officials show Areng families relocation plan

Hundreds of families due to be displaced by the planned 108-MW Stung Chhay Areng dam were called to a meeting Tuesday with provincial authorities, who presented a plan for relocation and then distributed gifts of shrimp paste and MSG. Heng Samnang, a staffer for local NGO ...

Khuon Narim
http://www.cambodiadaily.com/news/officials-show-areng-families-relocation-plan-distribute-food-62348/

Crane makes itself at home

A growing number of red-headed Sarus cranes are reportedly flocking west from Vietnam to a protected sanctuary in Kampot province’s Kampong Trach district, and conservationists observing the trend aren’t sure why. The Tuoitrenews website reported on Saturday that unusually large numbers of the birds, which are classified as ...

Amelia Woodside
http://www.phnompenhpost.com/national/crane-makes-itself-home

Talks over political dispute still underway secretly: Cambodian PM

Cambodian Prime Minister Hun Sen said Monday that negotiations between his ruling party and the opposition party over political dispute have been conducted secretly. “The opposition has announced to suspend talks with the Cambodian People’s Party (CPP), but in fact, the talks are still underway secretly,” ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/07/c_133243802.htm

R’kiri bust ends with $5,000 fine for logging

Forestry officials arrested four men and confiscated two pickup trucks containing illegally logged luxury timber en route to Vietnam on Sunday in Ratanakkiri’s O’Yadav district before releasing both the men and the timber after fining them thousands of dollars, officers and a rights group representative ...

Phak Seangly
http://www.phnompenhpost.com/national/r%E2%80%99kiri-bust-ends-5000-fine-logging

Bunong vow to act against Mondolkiri loggers

Ethnic Bunong in Mondolkiri province’s Sen Monorom City said Tuesday that they would no longer cooperate with local officials in fighting illegal logging and that they would begin to confiscate loggers’ equipment and burn illicit timber themselves. At a press conference in Phnom Penh, representatives of ...

Sek Odom
http://www.cambodiadaily.com/news/bunong-vow-to-act-against-mondolkiri-loggers-62960/

Lawyer files complaint at International Court over land grabs

A British lawyer has filed new documents against senior Cambodian officials at the International Criminal Court, accusing them of systematic land grabs that constitute human rights abuses. A communication filed on Oct. 7 claims that over the last 14 years, an estimated 770,000 Cambodians, or ...

Sok Khemara
http://www.voacambodia.com/content/lawyer-files-complaint-at-international-court-over-land-grabs/2486158.html

Freedom Park insurrection trial to start today

The trial of 11 opposition officials and activists, who face up to 30 years in prison on charges related to a July protest that turned violent, is finally due to get under way today, amid widespread censure from human rights groups and campaigners. In a strongly ...

Charles Parkinson
http://www.phnompenhpost.com/freedom-park-insurrection-trial-start-today

Coke to build $100M plant at PPSEZ

Coca-Cola will build a second factory in Cambodia, investing $100 million into a new plant in the Phnom Penh Special Economic Zone that will more than triple its current output, company officials said yesterday. The news comes on the heels of a meeting in November during ...

Charles Rollet
http://www.phnompenhpost.com/business/coke-build-100m-plant-ppsez

US real estate giant Century 21 opens Cambodia office

California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country. According to Goos, the local franchise of Century 21 would concentrate on foreign buyers, especially on selling new condominiums, to avoid competing ...

Property Report News Staff
http://www.property-report.com/us-real-estate-giant-century-21-opens-cambodia-office-36243

Road safety funding to end

A major funder of road safety programs in Cambodia will not be renewing its grant for the country, sparking concerns that traffic deaths in the Kingdom will continue unabated. Bloomberg Philanthropies, run by billionaire Michael Bloomberg, is launching the second part of its Global Road Safety ...

Charles Rollet and Sen David
http://phnompenhpost.com/national/road-safety-funding-end

Land feud in P Vihear heats up

A Vietnamese-owned company in Preah Vihear province has cleared land claimed by hundreds of villagers to plant crops in violation of the law, a complaint filed with rights groups alleges. The community in Rovieng district’s Ruosroan commune, comprising 127 families, claims that since January last year, ...

Phak Seangly
http://www.phnompenhpost.com/land-feud-p-vihear-heats

Int'l investments top $1.7b in 2014

Vietnamese businesses invested more than US$1.78 billion abroad last year, according to the Planning and Investment Ministry’s Foreign Investment Agency (FIA). Among them, Tanzania was the leading investment destination for Vietnamese investors, in terms of registered capital and accounted for 34 per cent of Viet ...

Viet Nam News Staff
http://vietnamnews.vn/economy/266508/intl-investments-top-17b-in-2014.html

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