Group Lease boosts Singapore unit to fund Cambodia operation
Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there.
Cambodia, which is managed by Group Lease’s
Rice trade zone to be set up in East
The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries.
Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo
http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east
Preah Vihear Authorities Destroy Airfield Homes
Authorities have demolished the homes of 25 families living on the site of an obsolete airfield in Preah Vihear province’s Choam Ksan district, a rights group and the families said Sunday.
The families were ordered to move off the land on Wednesday, with the district governor
http://www.cambodiadaily.com/news/preah-vihear-authorities-destroy-airfield-homes-20688/
British trade minister to visit Cambodia next week
British minister for trade and investment Lord Green would visit Cambodia next Monday in order to boost bilateral trade and investment ties, according to a media statement from the British Embassy to Cambodia on Wednesday.
Mark Gooding, British Ambassador to Cambodia, said trade between UK
http://news.xinhuanet.com/english/world/2013-06/05/c_132433361.htm
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday.
According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Inspections over tainted milk start in markets
Government officials began inspecting markets across the country yesterday in search of baby formula containing an ingredient from New Zealand dairy giant Fonterra that could cause botulism, quality control representatives at the Ministry of Commerce said.
“We informed all our officials directly to collect nationwide some
http://www.phnompenhpost.com/business/inspections-over-tainted-milk-start-markets
Gold resource in northeastern Cambodia estimated at 1.2 mln ounces
Australia’s Renaissance Minerals (Cambodia) Ltd. unveiled Thursday that it estimated that gold resource[s] at O’kvau area in Cambodia’s Mondolkiri province could be as much as 1.2 million ounces, the firm’s Managing Director Justin Tremain said.
Speaking during a meeting with Cambodian Minister of Industry, Mines and
Protestors Block National Road Over Energy Prices
About 300 people on Saturday blocked off a stretch of National Road 5 in Banteay Meanchey province protesting what they call is an unfair increase in electricity prices.
Protesters believe that the private electricity supplier, Sok Vitith, altered the Commune’s electricity converter without telling the
ADB lends 70 mln USD to Cambodia for rice commercialization, finance reforms
The Government of Cambodia and the Asian Development Bank (ADB) on Monday signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector, an ADB’s statement said.
Signed by Cambodian Deputy Prime Minister and Finance Minister Keat Chhon
Xinhua News Staff
http://www.globaltimes.cn/content/806367.shtml#.UhsAYtKBmN8
Opposition party wants equal committee posts in parliament: Sar Kheng
Acting Prime Minister Sar Kheng on Wednesday said that opposition leader Sam Rainsy, now doesn’t want the parliament chairmanship chair post, but equal committee posts within the parliament.
Speaking to reporters after delivering certificates to 3,000 police officers, he said Sam Rainsy phoned him and told
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NGUwNzE2ZmZkYjA#sthash.zE5aIsK1.dpuf
Cambodia new ministry on oil, gas
Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years.
The new Ministry of Mines and Energy will
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/386021/cambodia-sets-up-new-ministery-in-charge-of-oil-gas-production
ILO-BFC unveils worker mobile phone call-in project report
The International Labour Organisation’s Better Factories Cambodia program (BFC) releases the first report from its mobile phone call-in project aimed at educating garment and footwear workers.
The mobile phone project entitled Kamako Chhnoeum (‘Outstanding Worker’ in Khmer) received 3,245 valid phone calls in its first two
Fibre2Fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=154799
Local production still lagging
As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday.
Customs officers who had often undercut the official rate are now
Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging
Japan diversifies Cambodia investments
While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics.
Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that
Bangkok Post News Staff
http://www.bangkokpost.com/breakingnews/396322/japanese-firms-diversify-investments-in-cambodia
CPP grassroots diminished in election, observers say
The Cambodian People’s Party is declaring victory in a round of sub-national elections that were held Sunday, but observers say the latest polls diminished some of the ruling party’s power at the grassroots.
The CPP on Monday claimed 2,543 seats in leadership positions at the city,
Sok Khemara and Suy Heimkhemra
http://www.voacambodia.com/content/cpp-grassroots-diminished-in-election-observers-say/1917623.html
Gov’t begins effort to send workers back to Thailand
With Thailand and Cambodia both feeling the pinch from the sudden exodus of more than 200,000 Cambodian workers out of Thailand, the two countries are now working together to try and get them back to their old jobs legally, as fast as possible.
Some 225,000 Cambodians,
Phorn Bopha
http://www.cambodiadaily.com/news/govt-begins-effort-to-send-workers-back-to-thailand-62083/
Y Chhien to be replaced as Pailin Governor
Y Chhien, who has served as the governor of Pailin province since former Khmer Rouge Foreign Minister Ieng Sary led his rebel forces in the area to defect to the government in 1996, will step down from his position on Saturday, his cabinet chief said
Saing Soenthrith
http://www.cambodiadaily.com/news/y-chhien-to-be-replaced-as-pailin-governor-after-18-years-60027/
LGBT advocates seek equality
The government must amend legislation to stamp out hate crimes and discrimination against Cambodia’s gay, lesbian, bisexual and transgender citizens, rights activists said during a forum in the capital yesterday.
During the second day of the first community dialogue dedicated to the advancement and discussion
Amelia Woodside
http://www.phnompenhpost.com/national/lgbt-advocates-seek-equality
Cambodia: Bail refused for 21 workers and human rights defenders
The Cambodian government must immediately and unconditionally release the 21 garment workers and human rights defenders who have been detained since early January, FIDH and its member organizations Cambodian Human Rights and Development Association (ADHOC) and Cambodian League for the Promotion and Defense of Human
FIDH News Staff
http://www.fidh.org/en/asia/cambodia/14627-cambodia-bail-refused-for-21-workers-and-human-rights-defenders
CNRP threatened over rhetoric
A government spokesman warned yesterday that legal action may be taken against the opposition leaders if their “unlawful” campaign rhetoric incites unrest.
Tith Sothea, spokesman for the Council of Ministers’ Press and Quick Reaction Unit, said that the government will consider filing complaints against Cambodia National
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-threatened-over-rhetoric
