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Record growth in insurance

Cambodia’s insurance industry saw record growth in 2016 and was valued at $113 million, according to a report from the insurance Association of Cambodia (IAC). ...

Sok Chan
http://www.khmertimeskh.com/news/35153/record-growth-in-insurance/

Microlender in monster deal

Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...

Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal

Loggers detained in Thailand

Sixteen Cambodians were arrested on Monday for illegally crossing the border to log luxury rosewood trees in Thailand’s Sa Kaeo province. The men, aged between 16 and 55, were all residents of Battambang province. They were arrested in Pang Sida National Park with logging tools and ...

Ros Chanveasna
http://www.khmertimeskh.com/news/38744/loggers-detained--in-thailand/

Timber exported in secret

The government has granted a private company an export licence to transport $15 million worth of illegal timber bought at an auction last year to Vietnam, documents show. ...

May Titthara
http://www.khmertimeskh.com/5077733/timber-exported-secret/

Journalist Murdered in Ratanakkiri

A Cambodian journalist, who reported on forest crimes in Ratanakkiri province for a little-known newspaper, was found murdered in the trunk of his car yesterday, police said. Hang Serei Odom, 42, a journalist at the Khmer-language Virakchun Khmer Daily, had been missing since Sunday, when he ...

ACU donations in spotlight

Lawyers have called on Cambodia’s Anti-Corruption Unit to implement transparent reporting on monetary donations it receives from individual politicians and government groups. During an anti-corruption training session on Friday, they pointed out the incapacitating influence the ACU would face if it tried to investigate a ...

http://www.phnompenhpost.com/index.php/2012062556994/National-news/acu-donations.html

Clinton Visits in Cambodia

Secretary Clinton will arrive in Phnom Penh on July 11 to participate in regional conferences, to both chair and attend ministerial events and to participate in bilateral meetings with Cambodian officials. Regional conferences include the ASEAN Regional Forum, the East Asia Summit Foreign Ministers Meeting. ...

http://thesoutheastasiaweekly.com/

Gold struck in Mondulkiri

An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the   longer term. Renaissance Minerals managing director Justin Tremain told the ...

http://www.phnompenhpost.com/index.php/2012101159244/Business/gold-struck-in-mondulkiri.html

Kampot pepper in demand

Demand for Kampot pepper, the first Cambodian product to receive Geographical Indication (GI) status, is outpacIng current supply even as areas of cultivation are expandIng. Industry experts say the fast-growIng demand is a result of the pepper’s newly earned GI label, which attests to its quality ...

http://www.phnompenhpost.com/2013040164802/Business/kampot-pepper-in-demand.html

Arrests Threatened In Ratanakkiri

Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. Sav Finh, leader of Lom village’s forestry protection committee, ...

http://www.phnompenhpost.com/2013051565625/National/arrests-threatened-in-ratanakkiri.html

Charges in Ratanakkiri arson

The Ratanakkiri Provincial Court yesterday charged two staffers of Vietnamese rubber concessionaire Hoang Anh Ratanakkiri (CRD) with causing intentional damage for allegedly setting fire to several homes belonging to a landowner with whom they were embroiled in a land dispute, deputy prosecutor Mom Vanda said. ...

http://www.phnompenhpost.com/2013051665652/National/charges-in-ratanakkiri-arson.html

Tourists in trouble rise

Crimes and traffic accidents of which tourists were the victims increased by 33 per cent in the first six months of 2013, compared with the same period last year. Tourism Police Department director Nhearn Vibol said that 396 tourists had fallen victim to crime and motor ...

http://www.phnompenhpost.com/2013062066385/National/tourists-in-trouble-rise.html

Unionists remain in hospital

Blinded, bloodied and barely conscious, two unionists who were nearly beaten to death after passing out pro-union literature in front of a Phnom Penh garment factory remained in their hospital beds yesterday, awaiting a possible transferral to Vietnam. The vicious attack in front of Dayup ...

Mom Kunthear
http://www.phnompenhpost.com/national/unionists-remain-hospital

A lesson in caution

After nearly 50 garment workers were killed last year while travelling to or from their respective factories, the Ministry of Labour has urged truck drivers who cram dozens into the back of vehicles each day to take more care on the roads. in an information session ...

Sen David
http://www.phnompenhpost.com/national/lesson-caution

Protesting villagers in hiding

Two ethnic Kuoy villagers in Preah Vihear province’s Tbeng Meanchey district are in hiding after rumours circulated yesterday that police were seeking to arrest them for participating in a protest against two Chinese plantation firms last week. ...

Phak Seangly
http://www.phnompenhpost.com/national/protesting-villagers-hiding

Troubling contrasts in ASEAN

Some of these ASEAN economies are not like the others. Singapore is 80 times richer than Myanmar and its population lives 20 years longer than Cambodia’s, while Myanmar ranks 50 places behind Cambodia in terms of global competitiveness, according to a wide-ranging analysis from the World ...

Joe Freeman
http://www.phnompenhpost.com/business/troubling-contrasts-asean

Slums in capital decried

Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...

Sen David
http://www.phnompenhpost.com/national/slums-capital-decried

Bandith lawyer ‘in dark’

The lawyer of wanted fugitive Chhouk Bandith yesterday said key witnesses had not been summonsed to an appeal hearing of the sentencing of the powerful former Bavet town governor, scheduled for Thursday. Defence lawyer Sun Bannarith told the Post he had found out about the hearing from the ...

May Titthara
http://www.phnompenhpost.com/national/bandith-lawyer-%E2%80%98-dark%E2%80%99

Collusion alleged in logging

Ethnic Jarai villagers in Ratanakkiri’s O’Yadav district have accused border officials of not only allowing illegal Vietnamese loggers to cross the border unimpeded, but also of taking their side in negotiations with a community forest patrol. Members of the patrol in Paknhai commune’s Lam village said ...

Phak Seangly
http://www.phnompenhpost.com/national/collusion-alleged-logging

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