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Pension scheme ramps up

More than 700,000 workers at private companies and factories across 19 provinces have registered to join a nationwide pension scheme that goes into effect in 2015, Labour Ministry officials told the Post yesterday. A branch of the National Social Security Fund (NSFF), the pension scheme was ...

http://www.phnompenhpost.com/index.php/2012121160211/National-news/pension-scheme-ramps-up.html

Chinese telco gears up for an August 4G launch

Xinwei Cambodia, China’s first step into the Kingdom’s telecoms market, planned to launch fourth-generation mobile services in August, according to officials and a company statement. The Beijing-based firm will deploy its homegrown network technology, McWiLL, and was expected to launch top-to-bottom operations that, according to the ...

http://www.phnompenhpost.com/index.php/2012051556159/Business/chinese-telco-gears-up-for-an-august-4g-launch.html

Chinese Company Buy Leech From Cambodia

There are a number of Cambodian families employed to be leech catchers in Sor Yeav commune of Kampong Thorn province The villager Sin Ro Kar of Steung Sen district became a leech catcher and a Chinese company bought leeches from his villagers. “We do not know the reason of buying leeches and we ...

http://thesoutheastasiaweekly.com/

More water transport needed

Cambodia’s waterways go largely unused for domestic shipping, a factor hurting the competitveness of the country’s logistics and agriculture sectors, experts said yesterday. Cambodia lost ground this year in a measure of logistics performance. As rice millers and exporters push toward the 1 million-tonne rice goal ...

http://www.phnompenhpost.com/index.php/2012071857471/Business/waterways-needed.html

Cambodia Hopes to Benefit from Joint Oil Project

Cambodia will receive most of the income derived from a joint project to exploit promising offshore oil reserves, official sources have confirmed here. Ek Tha, spokesman for the Cabinet Office said that in negotiations with Chevron, the government proposed reaping 70 to 80 percent of the ...

http://www.plenglish.com/index.php?option=com_content&task=view&id=576551&Itemid=1

Phnom Penh Port Cargo up 17 Percent On Last Year

The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port increased 17 percent over the first 11 months of the year, compared to the same period in 2011, a port official said yesterday. From January through October, the Port received a total of 86,334 ...

http://www.cambodiadaily.com/

Activist Monk Released, Vows To Continue Activism

Loun Savath, a monk and rights activist who was detained by plain clothes security officials Thursday, was released that night, after he agreed to sign a letter vowing to stop leading and participating in protests. However, he has promised he will not halt his activism. Loun ...

http://www.voanews.com/khmer-english/news/Activist-Monk-Released-Vows-To-Continue-Activism-154147005.html

Prime Minister to Attend G-20 Summit Next Week

Prime Minister Hun Sen, in his capacity as Asean chairman, will lead a delegation to Mexico on Monday and Tuesday to attend the Group of 20 summit, the Ministry of Foreign Affairs said. Foreign Minister Hor Namhong will join Mr. Hun Sen at the summit, which ...

Envoy hopeful of more direct flights from Phl to Cambodia

The Philippine ambassador in Cambodia is confident there will be more direct flights between the two Asian countries, apart from the current Manila-Siem Reap route, which is six hours away by land from this capital. Ambassador Noe Wong expressed optimism there will be another memorandum of ...

http://www.philstar.com/headlines/2012/11/19/868375/envoy-hopeful-more-direct-flights-phl-cambodia

Chinese sign deal on dam, villagers fear flooding

The massive and highly controversial Lower Sesan 2 Dam project took a major step forward yesterday with the inking of government power purchase agreements and an investment deal between Royal Group and a Chinese company. But details about the contracts, their implementation or the fate of ...

http://www.phnompenhpost.com/index.php/2012112759962/National-news/chinese-sign-deal-on-dam-villagers-fear-flooding.html

Cambodia’s PM eyes Japanese investment

Cambodian Prime Minister Hun Sen expects the country to attract more Japanese tourists and investors to help improve the country tourism and economy. The PM said last week he was encouraging more Japanese investors and tourists by heightening bilateral ties. “Japan and Cambodia are known for having ...

http://www.ttrweekly.com/site/2012/12/cambodias-pm-eyes-japanese-investment/

Fixed-line internet providers see growth

Despite the spread of web-enabled smartphones and tablets in Cambodia, internet service providers expected the number of fixed-line applications to grow, two industry insiders said yesterday. “With the advent of tablets and faster smartphones, it’s inevitable that people will use their devices more and more for ...

http://www.phnompenhpost.com/2013010760646/Business/fixed-line-internet-providers-see-growth.html

Local ISP claims licence overlap is causing losses

At least one internet service provider in Cambodia still claims to have overlapping frequencies, which means losses for the affected company MekongNet. The company’s chief executive, Sok Channda, reported that the internet service provider can’t use the frequencies that were supposed to cover the WiMAX service, ...

http://www.phnompenhpost.com/Business/local-isp-claims-licence-overlap-is-causing-losses.html

Government Orders Railway Repairs to Start

The government has ordered French construction firm TSO (Cambodia) Co. Ltd. to resume work repairing the railway line between Phnom Penh and Serei Saophoan City in Banteay Meanchey province, an official said yesterday. The French firm has been contracted to rehabilitate the France-build railway – a ...

http://www.cambodiadaily.com

Violent crackdowns decried

Violent land evictions, unlawful prison sentences, shooting deaths and crackdowns on peaceful protests are all on a list of allegations a human rights group is voicing concerns about this week. The Cambodian Human Rights Action Committee condemned the incidents in a statement released on Tuesday, calling ...

http://www.phnompenhpost.com/index.php/2012053056473/National-news/violent-crackdowns-decried.html

Sweet deal

Stevia Nutra Corporation, a Canadian agro-business company, has announced its decision to grow stevia in Cambodia’s Kampong Speu province. The company will grow the plant, whose leaves are used as a sweetener or sugar substitute, on just over 20 hectares of land close to Phnom Penh. Stevia Nutra has incorporated Mighty MekongAgro Industries Co. Ltd, ...

http://www.etmcambodia.com/blog.php?article=481

Laos only ‘surveying’ Xayaburi

Laos has denied it is pushing forward with the controversial Xayaburi hydropower dam in violation of international legal obligations, the country’s state media reported on Friday. Under a 1995 agreement with Cambodia, Vietnam and Thailand, Laos was obligated to not begin construction without a prior ...

http://www.phnompenhpost.com/index.php/2012070957302/National-news/laos-only-surveying-xayaburi.html

Wen says China-Cambodia relations good example of friendly neighboring ties

Visiting Chinese Premier Wen Jiabao said here Sunday that the relationship between China and Cambodia has set a good example of friendly ties between neighboring countries. Wen made the remarks during a meeting with Cambodian Prime Minister Hun Sen. The comprehensive strategic partnership of cooperation between China ...

http://news.xinhuanet.com/english/china/2012-11/19/c_123967041.htm

Cambodia-US Bilateral Trade 2012 Increases Slightly

The bilateral trade between Cambodia and the United States in 2012 rose slightly, while Cambodia’s export decreased, according to a report of the United States Census Bureau of the Department of Commerce. U.S. Department of Commerce. The Cambodia-US bilateral trade saw its increase 0. 61%, while ...

http://www.akp.gov.kh/?p=30904

PPWSA pays dividends

Phnom Penh Water Supply Authority (PPWSA) will allocate its first dividend to shareholders since listing on the bourse, on April 10. According to an announcement by PPWSA, the annual dividend will be distributed in cash. The dividend payout ratio is seven per cent, with a total dividend ...

May Kunmakara
http://www.phnompenhpost.com/2013040564909/Business/ppwsa-pays-dividends.html

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