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Illegal checkpoints, logging tools netted

Activists in Kratie province’s Snuol district seized seven chainsaws over the weekend and collected evidence that four police checkpoints were used to solicit bribes from illegal loggers, representatives of the network said yesterday. After scouring thousands of hectares of protected forest from Friday through yesterday, the ...

http://www.phnompenhpost.com/2013031962013/National/illegal-checkpoints-logging-tools-netted.html

Thailand and Cambodia to forge closer trade talks

After the fourth Joint Trade Commission (JTC) recently, Commerce Minister Boonsong Teriyapirom said that Thailand and Cambodia had the potential to drive two-way trade up by 30 per cent, due to strong growth in 2012. Last year, bilateral trade grew by 40.5 per cent year on ...

http://www.nationmultimedia.com/business/Thailand-and-Cambodia-to-forge-closer-trade-talks-30204979.html

Vietnam Power Failure Hits Phnom Penh

A massive power outage Wednesday in Southern Vietnam brought rolling blackouts that lasted for hours to Ho Chi Minh City, the entire southeastern region of Vietnam and large sections of Phnom Penh. Vietnam’s state-owned Southern Power Corporation said Wednesday that the problem occurred around 2 p.m. ...

http://www.cambodiadaily.com/news/vietnam-power-failure-hits-phnom-penh-26121/

AEON widens HP to farmers

AEON Microfinance (Cambodia) Co Ltd says it has expanded its installment payment services into the agricultural sector, a new business type industry insiders say could be successful, but will still not be enough to strengthen one of Cambodia’s most crucial economic sectors. “We will co-operate with ...

http://www.phnompenhpost.com/2013052365789/Business/aeon-widens-hp-to-farmers.html

Moving towards e-commerce

Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...

http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html

Thai AirAsia on Siem Reap price war

Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...

http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route

New Chinese envoy pledges to further enhance ties with Cambodia

Newly-designated Ambassador of China to Cambodia Bu Jianguo on Thursday vowed to help further deepen all rounds of cooperation with Cambodia for the benefits [sic] of the two countries and peoples. Paying a courtesy call on Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong, Bu ...

http://news.xinhuanet.com/english/china/2013-07/25/c_132573145.htm

Father Suing Rubber Firm for Beating His Three Children

The father of three children attacked with wooden sticks and steel poles by employees of well-connected DM Group in Ratanakkiri province has filed a lawsuit against the firm, and is asking for tens of thousands of dollars in compensation. .. The provincial court has charged the ...

http://www.cambodiadaily.com/news/father-suing-rubber-firm-for-beating-his-three-children-22805/

Cambodia's trade with its neighbors slows in Q1

Cambodia saw a slow rise in trade volume with Vietnam and a slight decrease with Thailand in the first quarter of this year, according to the figures provided on Wednesday. The figures said Cambodia’s total exports to Vietnam was worth 221 million U.S. dollars during ...

http://www.asean-china-center.org/english/2013-05/09/c_132370565.htm

Cambodian PM inaugurates rubber processing plant in far northern province

Cambodian Prime Minister Hun Sen on Wednesday inaugurated a rubber processing plant here, saying the factory would contribute to developing the country’s fast-growing rubber sector. The 7 million U.S. dollar plant, invested by Cambodia’s Sopheak Nika Investment Agro-Industry Company, was built on the area of 9 ...

http://news.xinhuanet.com/english/world/2013-05/15/c_132384351.htm

On World Environment Day, a Call to Save Cambodia’s Forests

About 200 people celebrating World Environment Day on Wednesday gathered in front of the National Assembly to submit a petition asking the government to stop the destruction of Cambodia’s forests. A report released by the WWF last month said that Cambodia has lost almost a ...

http://www.cambodiadaily.com/news/on-world-environment-day-a-call-to-save-cambodias-forests-29329/

‘Thinnest’ smartphone is set for debut in Cambodia

Two days after Huawei introduced the world’s thinnest smartphone in London and Singapore, the Cambodian representative office of the China-based company announced that the sleek device would be sold in the Kingdom in July. While the Chinese telecom giant hopes to increase its market share of ...

http://www.phnompenhpost.com/2013062466435/Business/thinnest-smartphone-is-set-for-debut-in-cambodia.html

Group Considers Complaint Against Sugar Giant

A London-based sugar trade association aiming to promote a more ethical and sustainable industry will meet early next month to consider a request from Cambodian farmers that it eject U.K.-based sugar firm Tate & Lyle from the group unless it gives them back their land. Some ...

http://www.cambodiadaily.com/news/group-considers-complaint-against-sugar-giant-32001/

Indochine raises A$5.5m, sells 85% of Cambodia gold assets

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08

Flood death toll hits seven

Relentless floodwater in Banteay Meanchey has killed at least seven people since late last month, when water began inundating the province, national disaster officials confirmed. Fatalities from the deluge in Banteay Meanchey include four adults and three children, National Committee for Disaster Management chief Keo Vy ...

http://www.phnompenhpost.com/national/flood-death-toll-hits-seven

Smart Mobile Sees 36% Revenue Growth

Malaysian telecommunications company Axiata Group Berhad reported Wednesday that its Cambodian brand Smart has seen strong growth in the first nine months of the year, with revenue increasing by 36 percent compared with the same period last year. In its third quarter financial report, Axiata said ...

George Styllis
http://www.cambodiadaily.com/business/smart-mobile-sees-36-revenue-growth-48215/

IMF chief: Cambodia needs to invest more in education, infrastructure

The International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that Cambodia needs to invest more in education and physical infrastructure in order to lay the foundation for future success. While there has been good progress, Cambodia is still being held back by low ...

The Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131203/imf-chief-cambodia-needs-invest-more-education-infrastructur

Pursat Villagers Get No More Compensation

A representative of the Try Pheap Group said Tuesday that villagers in Pursat province who attempted to march to a public forum on Monday to ask authorities to intervene in a land dispute would not receive any further compensation after losing the right to the ...

Aun Pheap
http://www.cambodiadaily.com/news/pursat-villagers-get-no-more-compensation-49418/

‘Millions’ to be made off energy efficiency

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/%E2%80%98millions%E2%80%99-be-made-energy-efficiency

Small-scale protests continue

A day after authorities carted away 11 protesters intending to camp out in front of the United States embassy, a similarly ad hoc group of citizens struggled to deliver petitions to three embassies in the capital yesterday. The group of about 50 were blocked by police ...

Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/small-scale-protests-continue

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