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Cambodia sees mixed bag for 2015

Cambodia expects the arrival of the ASEAN Community in 2015 to present challenges as well as opportunities for its people. Economic advisor to the Ministry of Foreign Affairs and International Cooperation Sok Siphanna believes that the ASEAN integrity will create more opportunity for Cambodia. “Cheap labor in ...

http://www.thejakartapost.com/news/2012/09/13/cambodia-sees-mixed-bag-2015.html

Acleda readies to open Myanmar’s first micro-finance firm

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

http://www.phnompenhpost.com/2013011760823/Business/acleda-readies-to-open-myanmar-s-first-micro-finance-firm.html

Villagers in Land Dispute Protest Against Firm

More than 100 villagers involved in a land dispute with an import-export company in Pursat province’s Veal Veng district protested Sunday against the firm’s alleged attempts to stop them from farming the area, officials and villagers said. Meas Sarin, one of the protesters, said that about ...

Garment Workers Go on Hunger Strike

About 90 garment workers began a hunger strike yesterday in front of the shuttered Kingsland Garment Cambodia, Co. Ltd. factory in Phnom Penh’s Meanchey district, following weeks of protests demanding unpaid wages and severance pay. “We want the owners of Walmart and H&M to know ...

http://www.cambodiadaily.com

Opposition Protest of Power Outages Delayed by Officials

Kompong Thom provincial authorities have denied a request by the SRP to hold a peaceful demonstration to draw attention to severe power outages that have plagued the province for almost two months. Men Sothavarin, SRP senator for Kompong Thom province, said that his party had received ...

Koh Kong judge queries reporter in Wutty case

One of the journalists on the scene when environmentalist Chut Wutty was gunned down last month appeared in a Koh Kong provincial court yesterday to answer questions about the shooting incident, which also led to the death of military police officer In Rattana. According to human ...

http://www.phnompenhpost.com/index.php/2012051856240/National-news/koh-kong-judge-queries-reporter-in-wutty-case.html

Thailand, Cambodia ready to launch joint visa scheme

Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...

http://www.bangkokpost.com/news/local/320478/thailand-cambodia-ready-to-launch-joint-visa-scheme

VN bank named in Cambodia top five

The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Viet Nam (BIDV), has been named as one of the five biggest banks in Cambodia after three years of operation BIDC general director Nguyen Van Hien said ...

http://vietnamnews.vnagency.com.vn/Economy/228887/vn-bank-named-in-cambodia-top-five.html

Rice husk to power agriculture

Cambodia-based SOMA Energy will construct two bio-mass power-generating plants that convert rice husks into electricity to supply Cambodian farmers working in the provinces. SOMA energy, a subsidiary of SOMA group, has invested nearly $3 million in the construction of the plants, one of which is located ...

http://www.phnompenhpost.com/business/rice-husk-power-agriculture

Land Concession Evictees Petition Hun Sen for Help

Representatives of 157 families evicted in 2010 from a social land concession in Preah Vihear province belonging to businessman Pen Lim, a one-time adviser to Senate President Chea Sim, were in Phnom Penh yesterday to petition Hun Sen. The families say they were forced off the ...

http://www.cambodiadaily.com

Maybank IB eyes Cambodia, Laos capital markets

Maybank Investment Bank Bhd (Maybank IB) plans to leverage on its parent, Malayan Banking group’s presence in Cambodia, Laos to penetrate their capital markets there. Maybank IB chief executive officer Tengku Datuk Zafrul Abdul Aziz said on Monday he was looking at organic growth for the ...

Ng Bei Shan
http://www.thestar.com.my/Business/Business-News/2013/08/26/Maybank-IB-eyes-Cambodia-Laos-capital-markets.aspx

Cambodia has 2.36 million registered automobiles, motorcycles

Cambodia has currently had 2.36 million registered automobiles and motorcycles, according to the figures of the Ministry of Public Works and Transport on Friday. The country has 377,660 cars, buses, and trucks, and 1.98 million motorcycles, said the figures. Vehicles are mostly purchased from Japan, Thailand, Vietnam, ...

Global Times News Staff
http://www.globaltimes.cn/content/828641.shtml#.UpwIytKBlmM

Labour negotiations begin at SL Garment factoy

A meeting between factory management and representatives of more than 5,000 striking workers at one of Asia’s largest garment-processing factories yielded no progress. Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, has called the strike illegal because workers failed to notify the company ...

http://www.phnompenhpost.com/national/labour-negotiations-begin-sl-garment-factoy

Cambodian reporter receives ‘Information Hero’ award

Cambodian reporter for the Voice of Democracy Radio has been awarded by Reporters Without Borders as an “Information Hero.” Oudam Tat was awarded along with 100 other journalists from around the world, as part of celebrations for World Press Freedom Day. Voice of Democracy, originally founded ...

Sok Khemara
http://www.voacambodia.com/content/cambodian-reporter-receives-information-hero-award/1904472.html

Australian diplomat bites back

Austalian Foreign Minister Julie Bishop has responded to one of her predecessors, Gareth Evans, who accused her of failing to deliver a “robust critique” when she met Hun Sen on February 22 in a Friday op-ed that excoriated Cambodia’s political leaders for abuses. In an interview ...

Kevin Ponniah
http://www.phnompenhpost.com/national/australian-diplomat-bites-back

Ocean workers pray for jobs

Protesting workers at Ocean Garment factory say they are worried the manufacturer, which has suspended operations for one month, will close altogether. About 20 per cent of Ocean’s 1,300 workers demanding full payment during the break have found work elsewhere, while longtime employees are literally praying ...

Mom Kunthear
http://www.phnompenhpost.com/national/ocean-workers-pray-jobs

Maiden landing at beachside airport

Sihanouk Ville International Airport received its first international flight this week, a landing the industry hopes will open up the coastal resort destination to more foreign tourists. A flight by South Korea-based Skywings Asia Airlines, an international charter carrier, arrived from Seoul on Tuesday. One hundred ...

Post Staff
http://www.phnompenhpost.com/business/maiden-landing-beachside-airport

Vietnam suspends road construction in Mondolkiri province

A Vietnamese construction crew last month halted the extension of one of the country’s roads into a remote part of Mondolkiri province after complaints were lodged by Cambodian authorities, officials said on Thursday. “We are not 100 percent able to stop Vietnam building the road ...

Aun Pheap
http://www.cambodiadaily.com/news/vietnam-suspends-road-construction-in-mondolkiri-province-70837/

Maternal mortality rates remain high, despite UN goals

Cambodia has one of the highest maternal mortality rates in the region, and despite UN goals set up for the end of 2015, that number has remained high. There, only 75 percent of women giving birth were attended by trained health workers in 2012, according ...

Men Kimseng
http://bit.ly/1CvJJCo

Property boom, not bubble

Phnom Penh is changing at a blinding pace, with major new residential and commercial projects set to transform the capital’s skyline within the next five years. Chrek Soknim, CEO of Century 21 Mekong Realty, one of nearly two dozen Century 21 Cambodia affiliates, sees oversupply ...

Igor Kossov
http://www.khmertimeskh.com/news/12684/property-boom--not-bubble/

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