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Cambodia acquits ex-governor of shooting at protesting factory workers

A former Cambodian governor accused of shooting three garment workers during a labour protest was acquitted in a ruling that prompted outrage Wednesday from rights groups who say it highlights the impunity surrounding the country’s political elite. Former official Chhouk Bandith was governor of Bavet town, ...

http://www.calgaryherald.com/news/Cambodia+acquits+exgovernor+shooting+protesting+factory/7719189/story.html

Equipment Seized From Plantation at Center of UK Fraud Probe

Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...

Men Sarun to export canned noodles to the US and ASEAN

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...

http://www.phnompenhpost.com/index.php/2012071657432/Business/men-sarun-to-export-canned-noodles-to-the-us-and-asean.html

VimpelCom may sell units in Africa and Asia

Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...

http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm

Maruhan Japan Bank buys stake in MFI – Sathapana

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...

http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

Businesses Told to Close for 8 Days for King Father's Funeral

Business owners in Phnom Penh’s Daun Penh district yesterday said they will not follow a government directive to close their businesses for eight days in observance of the second mourning period for the late King Father Norodom Sihanouk. The order, which was distributed on Sunday to ...

http://www.cambodiadaily.org

Thousands Protest at H&M Factory, Demand Wage Hike

Thousands of garment workers yesterday protested outside a factory in Pur Senchey district making garments for the Swedish clothing company H&M, demanding a raise to their minimum wage and meal benefits, workers and union representative said. The workers of Gladpeer Garments Factory (Cambodia) Ltd., are demanding ...

http://www.cambodiadaily.com

More workers rally at ongoing Naga strike

bout 100 chefs and kitchen staff walked off the job at the capital’s NagaWorld casino yesterday as a workers’ strike at the luxury entertainment venue entered its fifth day. More than 1,000 protesters — the majority of the casino’s workers — rallied outside the front entrance ...

http://www.phnompenhpost.com/2013022761629/National/more-workers-rally-at-ongoing-naga-strike.html

Hong Kong offers visa free travel to officials

Cambodian diplomats and a range of government officials can now travel to Hong Kong without a visa and stay for 14 days under a new exemption agreement with the commercial Chinese city, officials said. The new exemption took effect on June 1, according to a statement ...

http://www.phnompenhpost.com/2013061366237/Business/hong-kong-offers-visa-free-travel-to-officials.html

Vietnamese firms eye overseas investment

Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...

http://vietnamnews.vn/economy/237176/vietnamese-firms-eye-overseas-investment.html

Cambodia’s garment exports grow 17.5% in Jan-March’13

The exports of garments and textiles from Cambodia have grown by 17.5 percent year-on-year to reach US$ 1.34 billion during the first three months of the current year, data released by the Ministry of Commerce shows. Last year, Cambodia exported apparels worth US$ 4.61 billion, ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=146951

In Mondolkiri, Political Candidates Address Ethnic Minority Concerns

Human rights workers and other civil society groups on Wednesday urged the competing political parties for July’s election to address the ongoing land crises and illegal deforestation that are hurting indigenous populations. About 100 people from various ethnic minority groups from five provinces attended a forum ...

http://www.voacambodia.com/content/in-mondolkiri-political-candidates-address-ethnic-minority-concerns/1685248.html

Desperate families pursue final options

Families who claim a foreigner fabricated documents to sell their land to port officials and a military commander more than seven years ago have desperately appealed to government bodies to intervene. The 104 families who have exhausted legal avenues after both the provincial and Supreme Court ...

http://www.phnompenhpost.com/2013062866543/National/desperate-families-pursue-final-options.html

Opposition Supporters Stage Mass US Protests

Thousands of Cambodians and Cambodian-Americans staged coordinated mass demonstrations in cities across the U.S. on Monday in support of opposition claims that Cambodia’s closely contested July election was rigged in favor of Prime Minister Hun Sen and his long-ruling CPP. In Long Beach and San ...

Simon Henderson
http://www.cambodiadaily.com/elections/opposition-supporters-stage-mass-us-protests-40391/

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8

Tuk-tuks to be solar-powered

Australian green energy company Star 8 has designed a solar-powered tuk-tuk and is in the process of building a factory in Cambodia to make the vehicles, according to a report in Australian newspaper The Age. The vehicles’ makers said the tuk-tuks will cost between A$2,000 (US$1,865) ...

Daniel de Carteret
http://www.phnompenhpost.com/business/tuk-tuks-be-solar-powered

Battambang moves to establish first Pub Street

To attract tourism and make Battambang province more appealing as a nightlife destination, provincial authorities are preparing to follow the way of Siem Reap and lay the groundwork for a Pub Street ahead of the Khmer New Year. The deputy governor of Battambang, Ngon Ratthanak, says ...

Siv Meng
http://www.phnompenhpost.com/real-estate/battambang-moves-establish-first-pub-street

Chroy Changvar Satellite City groundwork nears completion

The pumping of sand and filling in of lakes and marshy areas prone to flooding, with the eventual aim of creating the Chroy Changvar Satellite City, will be completed in the fourth quarter, according to Overseas Cambodian Investment Company (OCIC) sources associated with the development. Meanwhile, ...

Siv Meng
http://www.phnompenhpost.com/real-estate/chroy-changvar-satellite-city-groundwork-nears-completion

Floating village decamps over fish deaths

Fishermen who have lived off the Tonle Sap river in Phnom Penh’s Russey Keo district for generations were forced upstream recently after hundreds of dead fish mysteriously appeared in local waters. The 29 families who live on houseboats from which they cast their traps started moving ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/floating-village-decamps-over-fish-deaths

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