Cambodia sees 7.2 pct growth in 2014: PM
Cambodia’s economy grew by 7.2 percent in 2014, driven by garment exports, agriculture, tourism and construction, Prime Minister Hun Sen said Wednesday. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/cambodia-sees-72-pct-growth-in-2014:-pm-8152
One family settles land dispute, 2nd holds out
One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...
Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/
Assembly’s 2nd Deputy President gets 63 advisers
A Royal Decree signed by acting head of state Chea Sim has approved the appointment of 63 advisers and assistants to National Assembly Second Vice President Nguon Nhel, according to a copy of the document obtained Wednesday. ...
Khuon Narim
http://www.cambodiadaily.com/news/assemblys-2nd-deputy-president-gets-63-advisers-70662/
Permits given for $2b of projects this year
Figures from the Ministry of Land Management, Urban Planning and Construction show that more than $2 billion worth of Cambodian construction projects have been given the green light so far this year. ...
Hin Pisei
http://phnompenhpost.com/real-estate/permits-given-2b-projects-year
Somaly Mam 2.0 gets green light from US
Disgraced anti-sex trafficking activist Somaly Mam’s new charity – which is headed by former staff of her fallen foundation, a Hollywood actress and a PR guru – announced yesterday that it has been given the green light in the US. ...
Alice Cuddy
http://www.phnompenhpost.com/somaly-mam-20-gets-green-light-us
New $2.9m mosque inaugurated in Phnom Penh
At the edge of a sand-filled Boeng Kak lake in Phnom Penh on Friday, Prime Minister Hun Sen inaugurated the country’s newest—and largest—mosque, which was privately funded by a Dubai-based businessman at a cost of $2.9 million. ...
Khuon Narim and Mech Dara
https://www.cambodiadaily.com/news/new-2-9m-mosque-inaugurated-in-phnom-penh-80904/
Mass fainting occur at 2 garment factories in Cambodia
Some 82 Cambodian garment workers at two different factories fainted on Tuesday morning, and a labor official cited poor health for the cause of their fainting. Mass fainting has subsequently occurred in Cambodian garment factories. According to the NSSF, some 557 workers got fainted in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/mass-fainting-occur-at-2-garment-factories-in-cambodia-8730
Fisheries production rises 2.4 percent in latest year
Agriculture, Forestry and Fisheries Minister Ouk Rabun said Wednesday that Cambodia’s fisheries production rose to 745,255 tonnes in 2014, up 2.4 percent from 728,000 a year earlier. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/fisheries-production-rises-24-percent-in-latest-year-8733
Sesan Dam Decision Questioned
Cambodia has decided to go ahead with the construction of a dam on a Mekong tributary, but conservation groups are concerned that not enough study has been done on the hydropower project’s environmental consequences. Construction on the 400 megawatt Lower Sesan 2 dam in northwestern Cambodia’s ...
http://www.rfa.org/english/news/cambodia/sesan-11142012170421.html
Village forest activists strike back at 3 firms
A community forest patrol group trying to fight the destruction of protected forest in Kratie province’s Snuol district have, for the second time in two weeks, seized equipment from those they accuse of illegal logging. About 100 people from Svay Chreah, Snuol, Sre Cha, Pi Thnou ...
Mfone to File Complaint Against Six Companies
Bankrupt mobile phone operator Mfone is planning to file a complaint with the Phnom Penh Municipal Court against six telecommunications firms it says have failed to pay back more than $1 million in outstanding debt to the firm, the court administrator charged with overseeing Mfone’s ...
http://www.cambodiadaily.com/business/mfone-to-file-complaint-against-six-companies-34409/
Land Concessions Now at 1.2 Million Hectares, Official Says
The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...
England Promises to Invest US$ 2.22 Billion in Cambodia
England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...
SEA firms to ship $2b of rubber to China
Cambodia’s Prominence Investment Enterprise and Thailand’s Panpee Group have signed an agreement to supply China’s Yunnan Rubber Co Ltd with 500,000 tonnes, or US$2 billion worth, of rubber per year, Sam Kay, general manager of the local partner, said yesterday. ...
Tobacco worth over $2M exported to VN last year
Cambodia exported more than 1,000 tonnes of dry tobacco leaves to Vietnam last year, valued at more than $2 million. The figure marks a 24 per cent increase from 2016, the Ministry of Commerce said. Ministry of Commerce spokesman Long Kemvichet said data showed the ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/tobacco-worth-over-2m-exported-vn-last-year
Gas-price talks yield 2 cent cut for a week
Six of the country’s eight major gas retailers yesterday agreed to a request from the Commerce Ministry to lower the price of gas by 100 riel (about two cents) per liter for the Pchum Ben festival, as negotiations on a formula for setting a price ...
Sok Chan
http://www.khmertimeskh.com/news/16669/gas-price-talks-yield-2-cent-cut-for-a-week/
Angry truckers protest and block national road 2 and 3
Several groups of angry truckers this morning stage protest and block the National Road 2 and 3 in Dangkao and Por Senchey districts, causing terrible traffic jams along the two national roads. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/angry-truckers-protest-and-block-national-road-2-and-3-9117
Central Bank projects 7.1% growth in 2H16
The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-projects-71-growth-2h16
Court acquits land broker in $2.5m fraud case
The Phnom Penh Municipal Court on Friday acquitted a land broker of allegedly defrauding a businessman out of $2.5 million over a 9,000-hectare economic land concession (ELC) in Mondolkiri province that was eventually revoked by the government. ...
Khuon Narim
https://www.cambodiadaily.com/news/court-acquits-land-broker-in-2-5m-fraud-case-97086/
Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo