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World Bank warns of economic risks amid strong growth

Possible E.U. trade sanctions, rising indebtedness and slowing foreign investment — which “peaked” last year — pose substantial risks to the Cambodian economy despite continuing strong growth, the World Bank said in its latest country update. ...

Tran Techseng
https://vodenglish.news/world-bank-warns-of-economic-risks-amid-strong-growth/

MRF looks at captive rubber plantation to cut raw material cost

Tyre manufacturer MRF Ltd was looking at acquiring rubber estates to meet the company’s long-term raw material requirements and to bring down costs, a top official said. “We are scouting for acquisitions of estates abroad to meet long-term rubber needs,” said Koshy Varghese, executive vice-president, marketing, ...

http://smartinvestor.business-standard.com/market/Compnews-130592-Compnewsdet-MRF_looks_at_captive_rubber_plantation_to_cut_raw_material_cost.htm

Energy issues focus for ASEAN

Prime Minister Hun Sen opened the 30th ASEAN Ministers on Energy Meeting yesterday in Phnom Penh, where ASEAN officials will focus on ASEAN green energy and develop a plan for ASEAN’s power grid, officials said. Victor Jona, deputy director general of energy of the General Department ...

http://www.phnompenhpost.com/index.php/2012091258643/Business/energy-issues-focus-for-asean.html

B Keila, B Kak continue petitioning

Free of the police resistance that thwarted their march the previous day, about 65 Borei Keila and Boeung Kak community supporters marched to the Ministry of Justice yesterday in another effort to have land dispute activists Tim Sakmony and Yorm Bopha freed from pre-trial detention ...

http://www.phnompenhpost.com/index.php/2012091258655/National-news/land-activists-continue-petitioning.html

Huge Crowd at the Royal Palace Proves Logistical Challenge

With an estimated 1 million people- 10 times more than Phnom Penh authorities had expected- lining the streets yesterday for the arrival of Norodom Sihanouk’s remains, legions of police, medics, and street sweepers were working behind the scenes to make sure everything went smoothly. National Police ...

UN Security Council vote up

Cambodia will know by the early hours of tomorrow whether its bid for a seat on the UN Security Council has been a success. The Kingdom is up against South Korea – the home country of UN Secretary-General Ban Ki-moon – and Bhutan for the Asia-Pacific ...

http://www.phnompenhpost.com/index.php/2012101859285/National-news/un-security-council-vote-up.html

PM says economy to grow by 7 per cent

Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of  7 per cent growth and the latest forecast showed that the inflation rate ...

http://www.phnompenhpost.com/index.php/2012103159495/Business/pm-says-economy-to-grow-by-7-per-cent.html

Hedging China risks, Japan firms turn to booming SE Asia

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

http://www.moneycontrol.com/news/world-news/hedging-china-risks-japan-firms-turn-to-booming-se-asia_778038.html

32 Land Concessions Approved Since Moratorium

Despite a moratorium on the granting of new economic land concessions (ELCs), the government has approved at least 32 ELCs since Prime Minister Hun Sen announced their suspension in May. According to sub-decrees dated from May onward and provided by local human rights group Adhoc, Mr. ...

http://www.cambodiadaily.com/news/32-land-concessions-approved-since-moratorium-5725/

Grassroots Forum Issues Demands Ahead of Asean

The Asean Grassroots People’s Assembly (AGPA) agreed yesterday on a list of demands it intends to present to the Cambodian and regional governments. A crowd of more than 2,000 people-including garment factory workers, victims of evictions, and sex workers, as well as undercover police-gathered at Phnom ...

http://www.cambodiadaily.com

Cambodia battles to save rare Mekong dolphins

KRATIE (Cambodia): The sight of two dolphins twisting playfully in the murky waters of the Mekong river elicits barely-stifled squeals of delight from a boatload of eco-tourists. But a short distance upstream, river guard Pech Sokhan sighs as he holds up  two large, tangled gill nets ...

http://www.nst.com.my/latest/cambodia-battles-to-save-rare-mekong-dolphins-1.193943

Taiwan-Cambodia flight delay affects hundreds

Cambodia’s Tonlesap Airlines said Saturday that one of its scheduled flights from Taiwan to the Cambodian city of Siem Reap that day would be further delayed due to an engine failure, further enraging 167 already angry passengers who had been waiting for hours for their ...

http://www.chinapost.com.tw/taiwan/national/national-news/2013/02/17/370444/Taiwan-Cambodia-flight.htm

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 ...

Adidas Denies Allegations of Low Wages for Factory Workers

German sports brand Adidas yesterday denied allegations that its Cambodian factory, which produces Olympic merchandise, was not paying workers a sustainable living wage. The London Organizing Committee for the 2012 Olympic Games (Locog) said on Sunday it would investigate claims that Adidas has violated its agreement ...

Government Forms Commission to Evict Families Near Airport

Deputy Prime Minister Sok An yesterday approved the creation of a joint commission which will undertake the role of evicting hundreds of families living near the Phnom Penh international Airport before the Asean and East Asia summits commence next month. Mr. Sath [Choam Chao commune ...

Job fair attracts a big crowd

Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information ...

http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html

Union files assault court complaint

The Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) filed legal complaints yesterday, following allegations on Wednesday that police had assaulted seven garment workers, including a pregnant woman. Sa’ang district police chief Chea Socheat yesterday again denied officers had been violent during a strike ...

http://www.phnompenhpost.com/2013020861260/National/union-files-assault-court-complaint.html

Graduates lacking skills: report

EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRinC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...

http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html

Milled rice exports gaining traction

The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...

http://www.phnompenhpost.com/index.php/2012042455728/Business/milled-rice-exports-gaining-traction.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

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