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Angkor Wat bags $44 mil

Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...

Chea Vannak
http://www.khmertimeskh.com/news/30293/angkor-wat-bags--44-mil/

Chinese Delegates Visit Environment Minister, Officials

A Chinese parliamentary delegation arrived in Phnom Penh yesterday to hold talks with various Cambodian officials including the environment minister, Chinese state media reported. The delegation from the National People’s Congress is headed by Huang Xianzhong, vice chairman of the Environment Protection and Resource Conservation Committee and a ...

Xayaburi dam not on agenda

The Mekong River Commission (MRC) will forgo an opportunity to voice opposition to the Xayaburi dam project – which member state Laos began building in November – when it meets for its annual council meeting next week. Surasak Glahan, communications officer with the MRC secretariat, confirmed ...

http://www.phnompenhpost.com/2013010860670/National/xayaburi-dam-not-on-agenda.html

NGO alleges bribery over titles

An environmental protection NGO is preparing to file a lawsuit with the Kampong Speu provincial court and a complaint with the Anti-Corruption Unit against an Agriculture Department official who was allegedly paid by a development firm to issue land titles to villagers squatting on state ...

Phak Seangly
http://www.phnompenhpost.com/national/ngo-alleges-bribery-over-titles

Gov’t: village feedback to be used for reform

Hundreds of senior government officials will be dispatched to the provinces in the coming months to gauge public opinion on reforming state institutions. Almost 800 senior officials from all ministries will begin the project on February 15, state broadcaster TVK reported yesterday, following a meeting at ...

Vong Sokheng
http://www.phnompenhpost.com/national/gov%E2%80%99t-village-feedback-be-used-reform

Thai delegation visit border marker in Koh Kong

Undersecretary of state of Thai Foreign Affairs Ministry, along with 16 senior officials, visited border marker in Koh Kong province. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/thai-delegation-visit-border-marker-in-koh-kong-7549

IMF cuts 2011 growth outlook to below 6%

Damage to Cambodia’s rice crop from widespread flooding earlier this year will likely cause economic growth to fall below 6 percent, according to the International Monetary Fund (IMF), which yesterday offered the lowest gross domestic product (GDP) prediction so far In a statement, the IMF chose ...

City Hall hands out Boeng Kak land titles

Marking another milestone in the years-long struggle between the government and the families of Phnom Penh’s Boeng Kak lake community, Phnom Penh Governor Kep Chuktema handed out 254 land titles to lakeside residents at City Hall on Saturday. But with the government shrouding the titling process ...

Kingdom’s consumers told to save gas

Economy and Finance Minister Keat Chhon yesterday urged consumers to limit their gasoline consumption in the face of rising prices, saying the Cambodian government would not boost the hundreds of millions of dollars he claimed it already offered in fuel subsidies. Speaking at the Ministry of ...

http://www.phnompenhpost.com/index.php/2012031354994/Business/kingdoms-consumers-told-to-save-gas.html

Fire Insurance Costs Soar for Garment Sector

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

Wary of China, Companies Head to Cambodia

Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...

http://www.nytimes.com/2013/04/09/business/global/wary-of-events-in-china-foreign-investors-head-to-cambodia.html?pagewanted=all&_r=0

Construction Sector Faces Chronic Labor Shortage

Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...

http://www.cambodiadaily.com/news/construction-sector-faces-chronic-labor-shortage-19742/

Mobile Firms Agree to Stop Price Dumping

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/

Villagers Say Homes Being Purposely Flooded

More than 120 families in Phnom Penh’s Dangkao district sent a letter on Monday to the district governor asking for his help in addressing the flooding problem that has seen some of their homes collapse and has forced many to seek temporary accommodation elsewhere, villagers ...

http://www.cambodiadaily.com/news/villagers-say-homes-being-purposely-flooded-33317/

Way of life vanishing: villagers

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers

Pchum Ben Prayers for Peace, Prosperity and Reconciliation

Some prayed for their businesses to prosper and for the CPP and CNRP to reconcile, others for peace and development. These and other wishes were made at pagodas across Phnom Penh and the rest of the country on Thursday, as the Pchum Ben festival got ...

Mech Dara
http://www.cambodiadaily.com/news/pchum-ben-prayers-for-peace-prosperity-and-reconciliation-44421/

Government Urged to Ease Pressure on Unions

Visiting representatives from the International Trade Union Confederation (ITUC) on Monday urged the Labor Ministry to withdraw its threat to revoke the licenses of six unions behind recent strikes, and to drop legal proceedings against union leader Rong Chhun. His visit follows garment worker protests ...

Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/government-urged-to-ease-pressure-on-unions-50492/

Cambodia's micro-lenders see 44 pct lending growth last year

Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165

Villagers in limbo as dam starts

Construction at the controversial Lower Sesan II dam site in Stung Treng province has already begun, according to villagers, who will today petition several ministries, the Chinese embassy and the headquarters of the Royal Group to open negotiations with them. According to the villagers, who travelled ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/villagers-limbo-dam-starts

Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/

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