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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

Interesting times for Phnom Penh office market

Worldwide, office demand stemmed from the automotive, high-tech and energy industries. The latter is evident in Cambodia, where drilling off the coast near Sihanoukville has helped to increase office demand. Thus, companies such as Total and Chevron are large office occupiers, and new Japanese oil ...

http://www.phnompenhpost.com/2013012460944/Real-Estate/interesting-times-for-phnom-penh-office-market.html

Garment sector peace sought

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun ...

http://www.phnompenhpost.com/index.php/2012043055870/National-news/garment-sector-peace-sought.html

‘Outsiders’ denied right to vote

Just under three weeks ago, residents in Pro Ma village were running for their lives as security forces opened fire on them with automatic weapons, killing a 14-year-old girl. About 1,000 police, military police and soldiers stormed their village, fired at them indiscriminately, evicted hundreds of ...

http://www.phnompenhpost.com/index.php/2012060456570/National-news/outsiders-denied-right-to-vote.html

Dozens of City Offices Privatized

The government last month privatized more than a dozen department and commune offices in some prime locations around Phnom Penh, and will move many of them to Sen Sok district, according to documents and officials. A sub-decree dated June 27 and signed by Prime Minister Hun ...

Cambodia’s new tourism frontier

A year ago, getting to Sihanoukville required perseverance and a certain degree of bravery. There had been no flights to Cambodia’s premier beach resort for years — at least no scheduled services — and cruise ships docking here were few and far between Following years spent ...

http://www.bangkokpost.com/business/tourism/308486/cambodia-s-new-tourism-frontier

Railway Family Payouts Could Be Increased

The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...

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