CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean.
The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy.
Executive vice-president Dusanee Klewpatinontha said Cambodia has
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
Border trade 'to double' under AEC
Thailand’s border trade with neighbouring countries is targeted to double to Bt2 trillion by 2015, thanks to the seamless market brought by the Asean Economic Community.
“Cross-border trade continues to play a more important role for Thailand with closer economic cooperation ahead of the AEC,” Olarn
http://www.nationmultimedia.com/business/Border-trade-to-double-under-AEC-30190599.html
Cambodia's food service industry gains new player
Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation.
Triasia Group also aims at being
Workers 'beaten unconscious'
Four garment workers, three of them female, were injured yesterday morning when company and police officials clashed with protesters, union representatives said yesterday.
During the demonstrations for the reinstatement of fired workers and back pay, authorities beat two workers unconscious at a protest in front of
http://www.phnompenhpost.com/2012122760502/National/garment-workers-beaten-unconscious.html
Garment worker protest builds over severance
More than 1,000 workers protested in front of the soon-to-be-closed Svay Rieng Cambodia Garment factory yesterday to demand better severance benefits, and nearly half of them then marched to the provincial hall to seek help from government officials, workers said yesterday.
Worker representative Pang Tra said
Hundreds of strikers block road in Phnom Penh
More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands.
An International Royal Fashion official,
Rights Group Denounces Gag Order on Lawyers Before Election
New York-based advocacy group Human Rights Watch (HRW) has accused the Cambodian Bar Association of trying to silence potential government critics ahead of July’s national elections by imposing restrictions on lawyers making public statements.
The Bar Association and the Information Ministry have both issued edicts that
Loran Imex to launch $2m rice mill in 2013
Loran Import-Export Co Ltd, Cambodia’s largest milled-rice exporter, is scheduled to start construction on a new rice mill this month worth more than US$2 million, according to the company’s General Director Lim Bunheng.
The mill will help reduce the flow of Cambodia’s paddy rice into neighbouring
Mondulkiri villagers face eviction deadline
Authorities set a May 25 deadline yesterday for residents of Mondulkiri province’s Rayum commune in Koh Nhek district to leave their homes, prompting the deployment of additional provincial forces to the area.
Villager Seng Channy, 52, said that the coalition of about 300 police, soldiers and
Role small, memory cloudy, former KRouge banker tells court
For six hours yesterday at the Khmer Rouge tribunal, Sar Kimlomouth, who served as deputy director general of the state bank, consistently downplayed both his level of authority within the department and his ability to recall information from so long ago.
Throughout the day’s proceedings, lawyers
National Electricity Provider Warns of Dry-Season Power Cuts
The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season.
In a statement issued Friday, Electricite du Cambodge (EdC)
http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/
MoU to strengthen co-operation between Cambodia and India
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said.
The Sokha, deputy director
Animal feed lucrative but demand not being met
The production of animal feed may be lucrative for family-run businesses, but production is failing to meet the local market’s demand, said industry experts.
Ros Limhy, National Agriculture adviser for the Ministry of Agriculture, Forestry and Fisheries’ Tonle Sap Poverty Reduction and Smallholder Development project, and
PH may tap Cambodia rice buffer stocks
The Philippines may decide to choose Cambodia to supply some of the rice it needs to boost its buffer stocks, Agriculture Secretary Proceso Alcala said on Friday.
Alcala said the government still has to buy 120,000 metric tons of rice to fill the 500,000 metric tons
http://business.inquirer.net/58969/ph-may-tap-cambodia-rice-buffer-stocks
UK to open investment office
The United Kingdom Trade and Investment Office would establish a permanent branch in Phnom Penh in the expectation that economic ties between the two countries would continue to grow, Cambodian and UK officials said yesterday.
Bilateral trade has risen by 300 per cent during the past
http://www.phnompenhpost.com/index.php/2012051856232/Business/uk-to-open-investment-office.html
Boeung Kak 13 held without charge
Thirteen women hauled into police vehicles during a demonstration at Boeung Kak lake on Tuesday were being held without charge at Phnom Penh police headquarters last night.
About 70 Boeung Kak villagers rallied outside Phnom Penh municipal court yesterday in support of the arrested women, who
http://www.phnompenhpost.com/index.php/2012052456371/National-news/b-kak-13-held-without-charge.html
Government Creates 4 New Fishing Conservation Areas
In an effort to increase fish stocks, the Ministry of Agriculture on Wednesday adopted a sub-decree to create four conservation areas in Kandal, Kompong Cham, Prey Veng and Takeo provinces where all fishing activities will be prohibited.
Signed by Prime Minister Hun Sen on April 6,
Chut Wutty slaying witness questioned
Another witness to the fatal shootings of environmental activist Chut Wutty and military police officer In Rattana was questioned at Koh Kong Provincial Court yesterday.
Bou Orn is the third employee of logging company Timbergreen – a firm Chut Wutty was investigating for alleged illegal logging
http://www.phnompenhpost.com/index.php/2012061456797/National-news/shooting-witness-questioned.html
Officials named after blocking volunteers
Authorities in Stung Treng province have released the names of five government officials whom they arrested on Tuesday in Samki commune for interfering with a corps of youth volunteers sent to measure land as part of the prime minister’s national initiative to grant property to
Drought hits 11 provinces in Cambodia: spokesman
Drought has been hitting 11 out of the 24 cities and provinces in Cambodia and affecting tens of thousands of hectares of rice seedlings, Keo Vy, spokesman and chief of the Cabinet of the National Committee for Disaster Management, said Thursday
The drought-hit provinces are Kampong
