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Vietnam trade fair to boost two economies

In an effort to stimulate US$5 billion in trade between Cambodia and Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond Island Convention and Exhibition Centre from September 21 to 25. Cambodia’s Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan ...

http://www.phnompenhpost.com/index.php/2012091258644/Business/vietnam-trade-fair-to-boost-two-economies.html

Cambodia, Seychelles Sign Visa Exemption Accord

Cambodia and Seychelles have signed a visa exemption agreement, according to government-run news agency Agence Kampuchea Presse (AKP). Long Visalo, secretary of state at the Foreign Ministry, and the Seychellois ambassador to Cambodia, Philippe Le Gal, signed the agreement on Friday, according to AKP. The Seychelles Nation ...

More B' Meanchey Homes Evacuated After Floods

Serei Saophan City has become the latest area in Banteay Meanchey province to be hit by floods, with more than 300 families evacuated to higher ground yesterday, according to provincial officials. Banteay Meanchey provincial prison has also been affected by the flooding, with some parts ...

B Kak 15 Petition Sent to Japanese Embassy

Boeng Kak protesters continued their fight for the release of 14 women and one man imprisoned since May 24, delivering a petition to the Senate and the Japanese Embassy on Friday that they hope will spur new intervention in the long-running land dispute. More than 100 ...

Police Search for Counterfeit Riel Notes in Prey Veng

Police in Prey Veng’s Peamro district are searching for a rice trader who paid a traditional healer with counterfeit money, and suspect that more of the fake bills could enter circulation. Neak Loeung commune police chief Chhin Sophal said the unnamed woman had paid 45,000 ...

Protesting villagers ordered home

Officials from Prime Minister’s Hun Sen’s cabinet yesterday accepted the petition Of 110 Preah Vihear villager representatives seeking intervention in a land dispute with defunct NGO DARPO. Hun Sen cabinet member Nov Ra told villagers who protested in front Of the prime minister’s house to return ...

http://www.phnompenhpost.com/index.php/2012101059215/National-news/government-pledges-to-resolve-land-dispute-in-preah-vihear.html

Insurance becomes next emerging market

Cambodians are starting to learn about insurance, thanks to Canadian company Manulife, which held a press conference on the topic on Friday. Low awareness and a limited pool of skilled talent are challenges facing insurers in Cambodia according Prudential representative Pankaj Banerjee. Despite this, he said Prudential ...

http://www.phnompenhpost.com/index.php/2012100959185/Business/insurance-to-be-cambodias-next-emerging-market.html

Bonna Reality inks deal with Malaysian real estate developer

Bonna Realty Group yesterday signed an agreement with the National 6A Investment, a Malaysian real estate developer, to be an authorised sales agent for a 10-storey condominium that is currently being constructed and is expected to be finished by the end of 2014. The National 6A ...

http://www.phnompenhpost.com/2013030861822/Business/bonna-reality-inks-deal-with-malaysian-real-estate-developer.html

SH protesters to keep striking

More than 700 workers at the SH International factory in the capital’s Po Sen Chey district have vowed to keep striking, despite the Ministry of Labour saying it could not help solve their dispute because their demands were “excessive”. The workers protested again yesterday outside the ...

http://www.phnompenhpost.com/index.php/2012042455736/National-news/sh-protesters-to-keep-striking.html

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Families on Rubber Company's Land Face Eviction Deadline

Surrounded by 100-armed police officers, authorities in Mondolkiri province yesterday said the roughly 200 families living on a rubber company’s land concession in Koh Nhek district have until Friday to leave their homes. After having already seen district police burn down three of their homes over ...

Boeung Kak takes case to Assembly

About 200 people, including activist monk Loun Savath, rallied outside the National Assembly in Phnom Penh yesterday in support of the 13 Boeung Kak women sentenced to prison in a three-hour trial last Thursday. Supporters of the women, including villagers, unions and human rights groups, called ...

http://www.phnompenhpost.com/index.php/2012052956458/National-news/boeung-kak-takes-case-to-assembly.html

China to lend hand in battle with killer virus

China yesterday pledged to provide medical experts and funding to assist the investigation and clinical management of a virus that has killed more than 60 Cambodian children. Eang Sophalleth, personal spokesman for Prime Minister Hun Sen, told reporters the pledge had been made during a meeting ...

http://www.phnompenhpost.com/index.php/2012071157342/National-news/china-to-lend-hand-in-battle-with-killer-virus.html

Chinese firm plans investment in Cambodia

PHNOM PENH — China’s Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the threeprojects. Pan did not say when the projects will be started. Heng Samrin pledged full support for those projects, which he said will be good to boost thedevelopment of Cambodia’s economy. “Foreign investment is a key factor to accelerate economic development in Cambodia,” he said.   ...

http://www.chinadaily.com.cn/business/2012-08/08/content_15652416.htm

Rights Groups File Lawsuit Over Land Meeting Breakup

Two local human rights groups filed lawsuits yesterday at the Ratanakiri Provincial Court accusing commune and village officials of defamation and intimidation after they disrupted land-rights training session last month. On July 26, a group of armed officials stopped Adhoc and the Cambodian Center for Human Rights (CCHR) ...

Cambodia needs to polish reputation

The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...

http://www.phnompenhpost.com/index.php/2012103159496/Business/cambodia-needs-to-polish-reputation.html

PM arrives in Cambodia to attend ASEAN, East Asia summits

Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...

http://ibnlive.in.com/news/pm-arrives-in-cambodia-to-attend-asean-east-asia-summits/306128-3.html

Families ask PM to help end dispute

About 500 families from three communes in Siem Reap province’s Chi Kraeng district are seeking the prime minister’s intervention in a dispute with a rubber company over 1,000 hectares of land. Siem Reap provincial governor Chan Sophal said on Wednesday that Cambodian People’s Party lawmaker Seang ...

http://www.phnompenhpost.com/index.php/2012050455969/National-news/letter-to-premier-families-ask-pm-to-help-end-dispute.html

Bangkok Airways Says Plane Was On Course

Bangkok Airways passenger plane that was shot at by a Cambodian soldier Wednesday night had been flying on its normal flight path from Siem Reap City to Bangkok, a representative of the airline said yesterday, contradicting earlier reports by Cambodian military officials that the aircraft ...

Growth in Cambodian service sector, says ADB

Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB). The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent ...

http://www.phnompenhpost.com/index.php/2012100959186/Business/growth-in-service-sector-brings-more-challenges.html

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