Villagers protest for more flats
More than 100 Borei Keila villagers took to the streets yesterday to demand that Phanimex Company owner Suy Sophan honour a contract signed in 2003 that promised housing for 1,776 families in exchange for land. The protesters, holding banners, statues of the spirit and a pig’s ...
Deals to Export Rice, Cassave to China Made
Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...
(Hul Reaksmey, p 27)
http://www.camnet.com.kh/cambodia.daily/
Another logger shot dead along Thai border
Thailand has repatriated the body of an Oddar Meanchey man fatally shot Tuesday while illegally logging for rosewood in Thailand, border officials said yesterday. Torn Kimsann, 22, was among a group of four men from Samraong City’s O’Smach commune who had ventured about 1km into Thailand ...
Group angered after Thailand says it will not oppose dam
An environmental group yesterday criticized Thailand’s announcement last week that it would not oppose Laos’ proposal to build the first Lower Mekong dam at the upcoming Mekong River Commission (MRC) meeting, as long as Laos addresses the dam’s environmental impacts. Water and environment ministers from Cambodia, ...
Mining revenues questioned
The Ministry of Industry, Mines and Energy earned US$1.52 million in non-tax revenues in 2011, a figure that an opposition lawmaker said was far lower than the actual revenues brought in on mining licences. The intake was more than 15 per cent higher than in 2010, ...
http://www.phnompenhpost.com/index.php/2012032255187/Business/mining-revenues-questioned.html
Exports to EU show promise
Cambodia’s exports to the European Union increased by 40 per cent to a total value of US$1.3 billion in 2011, according to European Trade Commissioner Karel De Gucht, who is in Phnom Penh for the ASEAN-EU Business Summit. “I think it is fair to say ...
http://www.phnompenhpost.com/index.php/2012040255365/Business/exports-to-eu-show-promise.html
Economic growth may slow to 6.5% due to EBA, global risks
The government has predicted that Cambodia’s economic growth will decline to 6.5 per cent next year – down from 7.1 per cent this year – due to global challenges and the possible withdrawal of the EU’s “Everything But Arms” trade agreement. The prediction was made ...
Niem Chheng
https://www.phnompenhpost.com/national/economic-growth-may-slow-65-due-eba-global-risks
Report shows skills gap as companies struggle to find competent candidates to fill key positions
As if highlighting the lack of work skills and experience in the Kingdom, of more than 1,000 job openings in Phnom Penh alone as of last month, only 150 young applicants were successful at the interview stage. Phnom Penh Job Center director Aing Pheareak told ...
Gov’t to crack down on overdue road tax
The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...
Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/
Mobile money transfer heats up
True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.The money-transfer service, which comes under the Thailand-based Charoen ...
Kun Kourchettana
http://www.phnompenhpost.com/business/mobile-money-transfer-heats
Higher wages hit GTI bottom line
The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...
May Kunmakara
http://www.khmertimeskh.com/news/23572/higher-wages-hit-gti-bottom-line/
For many LGBTs, a secret life
LGBT Cambodians face a formidable level of prejudice and discrimination, which for many means a life lived in secrecy and isolation, a major new study of attitudes has revealed.The survey of almost 1,600 people, straight and LGBT, across seven provinces, published yesterday, found that a ...
Jamie Elliott and Sen David
http://www.phnompenhpost.com/national/many-lgbts-secret-life
Decision on the adjustment and supplementation of the price of selling water produced and supplied by Phnom Penh Water Supply Authority
On 29 August 2017, the Ministry of Industry and Handicrafts issued a decision on the adjustment and supplementation of the price of water produced and supplied by Phnom Penh Water Supply Authority for sale to landlord or owner of a building with rented rooms for ...
Ministry of Industry and Handicrafts
Penalties for logging falling
A recent government report on protecting the country’s natural resources reveals that a total of 1,166 crimes were recorded, but only 873 ended up in court and only 293 of those cases resulted in small fines being issued. The report from the Ministry of Agriculture, Forestry ...
May Titthara
http://www.khmertimeskh.com/news/31256/penalties-for-logging-falling/
Impunity threatens Mondulkiri preserves
Speaking at a workshop hosted by the World Wildlife Fund for Nature (WWF) on the past four years of conservation in the so-called Eastern Plains Landscape – a project with $1.42 million in funding from the EU and an additional $420,000 from USAID and the ...
Phak Seangly and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/impunity-threatens-mondulkiri-preserves
Government salaries to rise
Prime Minister Hun Sen, ministers, secretaries of state and 2,500 other civil servants and political figures will receive substantial pay rises after the Council of Ministers approved a draft of the 2017 Draft Law on Financial Management on Friday. During the cabinet meeting, Mr. Hun Sen ...
May Titthara
http://www.khmertimeskh.com/news/31167/government-salaries-to-rise/
PPSP reports strong revenue growth reaching $2M in Q3
The Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone (PPSP) reported strong revenue growth reaching $2 million in the third quarter of this year – up 46.96 per cent from $1.4 million in the third quarter of last year. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-reports-strong-revenue-growth-reaching-2m-q3
250 Evacuated From Homes In Preah Vihear Due to Flood
More than 250 families in Preah Vihear province’s Preah Vihear City were evacuated from their homes yesterday and moved to higher ground due to flooding caused by persistent heavy rains that started last week, the provincial governor said. Preah Vihear Governor Oum Mara siad that the ...
ADB lowers Cambodia’s economic growth to 6.4% in 2012 due to weak global demand
The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...
Prices rise during mourning
Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...
http://www.phnompenhpost.com/index.php/2012101859296/Business/prices-rise-during-mourning.html