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Foreign Ministry Tells NGOs to 'Readjust' Their Actions

The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the  NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...

http://www.camnet.com.kh/cambodia.daily/

Two maids allegedly suffered abuse in Malaysia

Two new claims of abuse of Cambodian maids employed in Malaysia have emerged since Friday, including one case of a woman who returned home with severe mental trauma following alleged mistreatment by her Malaysian employer, the victims’ families said. Iy Thar, a villager from Kompong Thom ...

Fund raising: Kingdom may borrow more in 2012

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

http://www.phnompenhpost.com/index.php/2011110152450/Business/fund-raising-kingdom-may-borrow-more-in-2012.html

Gov't Opens Rivers to Sand Dredging

Nine companies have put in bids for the rights to dredge the lengths of the Mekong and Tonle Sap rivers and sell the sand for export, Water Resources Ministry officials said yesterday, noting that the dredging would be beneficial in terms of deepening the waterways. ...

US Senate calls for delay of Mekong dams

As Mekong River Commission (MRC) countries prepare for a crucial meeting next week to debate Laos’ proposal to build the first Lower Mekong River dam, the US Senate Foreign Relations Committee has called for a delay of the controversial project. The US Senate’s concern was echoed ...

Maid's cause of death sparks investigation

Government authorities are investigating the death of a migrant domestic worker in Malaysia after her family and rights groups raised questions about the stated cause of death from a lung infection, a relative of the deceased woman said yesterday. Na Rith, 42, said his cousin Ouk ...

http://www.phnompenhpost.com/index.php/2011122653616/National-news/maids-cause-of-death-sparks-investigation.html

Thai Firm Moves in to Build Koh Kong Power Plant

A Thai Company is conducting a feasibility study to build a coal-fired power plant in Koh Kong province and has already invested in a local firm with permission to develop the plant, according to officials and the company. In an announcement to the Thai Stock ...

The great land giveaway

More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...

http://www.phnompenhpost.com/index.php/2012032355211/National-news/the-great-land-giveaway.html

Anti-money laundering plan

With the deadline for a second review by a global task force of the government’s efforts to combat money laundering and terrorism financing fast approaching, the Kingdom’s central bank yesterday conducted a workshop with banks, financial institutions and state agencies to flesh out a strategy ...

Sok Chan
http://www.khmertimeskh.com/news/28845/anti-money-laundering-plan/

Kingdom’s rice sector faces lack of capital

A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital

WHO Urges Higher Taxes On Tobacco

The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...

Experts say ASEAN connectivity needs private sector involvemnt

While the planned launch of the ASEAN Economic Community is fast approaching, establishing good connectivity between member states to ensure a free flow of goods and services is a real challenge and needs more involvement from the private sector. That was the message delivered by Cambodian Foreign ...

http://etmcambodia.com

Mobile Operator Beeline Reports Large Drop in Subscribers

The number of subscribers to the mobile operator Beeline plummeted by more than 400,000 in the fourth quarter of last year—the single-largest drop for the carrier since it entered the Cambodian market in mid-2009—while the average revenue per user (ARPU) increased slightly, the company’s quarterly ...

http://www.cambodiadaily.com/business/mobile-operator-beeline-reports-large-drop-in-subscribers-12934/

Life Insurer Manulife Opens Its Office In Cambodia

Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...

http://thesoutheastasiaweekly.com/

Minister asks Tai Yang to reinstate 37 strikers

The Minister of Social Affairs has sent a letter to the management of the Tai Yang and Camwell garment factories, suppliers to Levi’s and Gap, requesting it reinstate 37 workers involved in a strike that has dragged on for almost two months. “In order to ensure ...

http://www.phnompenhpost.com/index.php/2012082158181/National-news/minister-asks-garment-factory-to-recall-37-workers.html

Union Official Forced to Sign ‘Confession’

A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...

Hor Namhong Rejects Blame For Failed Talks

Foreign Minister Hor Namhong on Friday put the blame for last week’s failure among Asean countries to release a joint communiqué on territorial disputes in the South China Sea firmly back on Vietnam and the Philippines. More than a week since discussions related to the territorial dispute between Asean’s members ...

A Year on, No Sign of Donor Forum Meeting

Exactly one year after the Finance Ministry indefinitely postponed its last top-level meeting with the international aid donors, there is still no sign that the government is ready to set a new date to engage face-to-face with the country’s development partners. The forum is held once ...

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Halal food exports could boost trade

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

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