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Korean earned income to rise

Cambodians working in South Korea this year are expected to remit up to US$80 million to the Kingdom as up to 40 per cent more Cambodian labour heads to the East Asian nation compared to last year. The Ministry of Labour and Vocational Training expects at ...

http://www.phnompenhpost.com/index.php/2012082958336/Business/korean-earned-income-to-increase.html

Incitement Charge for Chhun

Global brands Levi’s and Gap had continued slashing orders at the Tai Yang and Camwell factories in Kandal province, costing the company that owns them about US$6 million, its manager claimed yesterday. Tai Yang Enterprises manager Wu Minghuor said the brands had reduced their orders from ...

http://www.phnompenhpost.com/index.php/2012083058388/National-news/labour-leader-summonsed-to-court.html

'Suspicious suspect' in Bavet shooting named

Police in Svay Rieng province said yesterday a Bavet town police officer had been under court-ordered supervision since last week on suspicion of being involved in the February shooting at a garment factory protest in the Special Economic Zone there. Provincial police chief Prach Rim said ...

http://www.phnompenhpost.com/index.php/2012083058386/National-news/suspicious-suspect-in-bavet-shooting-named.html

Country Is Prepared for Heavy Rains, Disaster Committee Says

To make sure Cambodia is ready for potential devastating floods, government officials have created an emergency preparedness plan that includes storing 16,000 tons of milled rice and putting 3,500 armed forces on reserve. [Nhim Vanda, first vice president in charge of the National Committee for Disaster Management ...

Questions over bonuses

Unions and labour groups fear a solitary sick day could cost garment workers their entire month’s attendance bonuses – about 15 per cent of their base wage – under a new scheme meant to make life easier. The Kingdom’s 600,000 garment and footwear workers will receive ...

http://www.phnompenhpost.com/index.php/2012090558510/National-news/questions-over-bonuses.html

Prey Long Forest Patrol Ends With Huge Illegal Wood Haul

The Prey Long People’s Network yesterday said it found 121 cubic meters of cut wood and seven chainsaws belonging to illegal loggers after a coordinated patrol across four provinces that was prematurely aborted due to heavy rains. In a statement, the community group said it discovered ...

Floods Force Evacuations in Northeast

Hundreds of families in Banteay Meanchey province were evacuated from their homes yesterday due to severe flooding, with authorities warning that more than 1,000 additional families may have to be rescued if torrential rains continue as expected over the course of next week. The rains that ...

Thousands Evacuated, but Floodwaters Abating

More than 400 families in Banteay Meanchey province have now been evacuated from their homes due to heavy flooding in towns and villages along the Thai border, provincial officials said yesterday. About 100 families were evacuated from Poipet City – the worst-hit area – yesterday alone, ...

Relocation site has villagers worried

Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...

http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html

Cambodian rice millers to boost exports

Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...

Cambodia Takes Aim at the Dominant Dollar

PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...

http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html

Flood's lessons linger in Kratie

When 41-year-old Pheng Seng’s brick-making business was ravaged by flood in Kratie province a year ago, he lost about US$5,000. Kratie town also flooded this time a year ago. It was so bad that speedboats were seen zipping through the streets past submerged motorcycles with ...

http://www.phnompenhpost.com/index.php/2012080757851/National-news/floods-lessons-linger-in-kratie.html

Families plead for help to stop Pursat evictions

More than 70 families in Pursat province’s Anlong Tnort commune plan to send a letter to their provincial hall today compelling officials to stop a private farming company from tearing down their houses on its 3,000 hectare economic land concession. Ratanak Visal Development Co Ltd’s security ...

http://www.phnompenhpost.com/index.php/2012080957904/National-news/families-plead-for-help-to-stop-pursat-evictions.html

Firm says gold deposit discovered in Mondolkiri

Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...

Workers protest job cuts at garment factory

More than 100 workers from the Horus Industry garment factory in Phnom Penh Meanchey district protested outside the Ministry of Social Affairs on Friday, demanding that the government order their employer to provide answers as to why hundreds have lost jobs at the factory. Workers say that of ...

Chartered flights from Taiwan re-launched

Chartered direct flights from Taiwan to Cambodia were re-launched on February 7 by Taiwanese airline Far Eastern Air Transport, one year after the company abruptly suspended the flights over a dispute with its Cambodian airline partner over unpaid aviation fuel. Six flights have been ...

http://www.phnompenhpost.com/2013021261307/Business/chartered-flights-from-taiwan-re-launched.html

Chinese Iron Ore Firm Paid for New CPP District Office

A Chinese mining firm has donated about $200,000 toward the building of a new district headquarters for the ruling CPP in Preah Vihear province, officials said yesterday. Kong Makara, director of the provincial industry, mines and energy office, said that Chinese company Cambodian Iron Holding and ...

Ministry, factories strike deal

About 600,000 workers in the lucrative garment and footwear industries, roughly 95 per cent of the sector’s work force, will soon take home an extra US$10 a month, the Ministry of Labour said yesterday. Barely an hour after a protest involving garment workers at the capital’s ...

http://www.phnompenhpost.com/index.php/2012071257382/National-news/ministry-factories-strike-deal.html

Vietnam needs more nuts

Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...

http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html

New condominium launched

A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...

http://www.phnompenhpost.com/index.php/2012100259027/Business/new-condominium-launched-in-phnom-pehn.html

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