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Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

Sotheby’s Gets Stay on Khmer Statue Confiscation

The future of a 1,000-year-old Khmer statue—which Sotheby’s auction house in New York was ordered by the US government on Wednesday to hand back to Cambodia—is now in the hands of the US courts. The statue of the guardian Duryodhana is believed to have come from ...

Strikers claim shots fired

Police threatened workers and fired shots into the air as a dispute involving about 800 Cambodian workers at Phatthana Seafood Co Ltd in Thailand’s Songkhla province escalated yesterday, a workers’ representative said. Sok Sorng said “many police” had threatened workers with guns as more than 1,000 ...

http://www.phnompenhpost.com/index.php/2012041055531/National-news/strikers-claim-shots-fired.html

Thailand boosting rubber exports a concern

Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber ...

Thou Vireak
https://www.phnompenhpost.com/business/thailand-boosting-rubber-exports-concern

Lawmakers beaten at National Assembly

Opposition lawmakers Nhay Chamroeun and Kong Sakphea were viciously beaten and left seriously injured yesterday morning as a protest outside the National Assembly against Cambodia National Rescue Party deputy leader Kem Sokha descended into violence.The ruling Cambodian People’s Party denied any involvement in organising the ...

Khouth Sophak Chakrya, Charles Parkinson and Shaun Turton
http://www.phnompenhpost.com/national/lawmakers-beaten-national-assembly

Railway compliance complaint sent to ADB

Families have fallen into poverty and children have dropped out of school due to deficiencies in the Asian Development Bank’s rehabilitation of Cambodia’s railway system, according to a complaint filed to the bank’s compliance review department. According to David Pred, managing associate for NGO Inclusive Development International, ...

http://www.phnompenhpost.com/index.php/2012090658539/National-news/complaint-to-adb-cites-decline-in-housing-food-education.html

China investment in energy 'crucial' to Cambodia

Cambodian Minister of Industry, Mines and Energy on Thursday hailed Chinese companies for hugely investing in the country’s energy sector, which is a key element to support the sustainable social and economic development. Suy Sem’s appreciation was made during a bilateral meeting with Wu Yin, ...

http://www.chinadaily.com.cn/business/2012-09/13/content_15756465.htm

Mondolkiri Minority Villagers Divided Over Land Titles

Ethnic Bunong villagers in Mondolkiri province’s Pech Chreada district are bitterly divided over how best to protect their ancestral land amid efforts by authorities to map it in preparation for property titles. Bosra commune chief Yoeth Sarin said that since student volunteers-deployed across the country as ...

Wildlife at odds with ELCs

Economic land concessions strewn over the remote Western Siem Pang forest, in Stung Treng province, are threatening the survival of Cambodia’s national bird, the giant ibis, a report reveals. The forest, flanking the Kingdom’s border with Laos,  is home to five critically endangered bird species, yet ...

http://www.phnompenhpost.com/index.php/2012091858760/National-news/endangered-birds-face-extinction-amid-economic-land-concessions.html

Hun Sen Lashes Out at Critics of Land Project

Prime Minister Hun Sen lashed out at unnamed “stupid” analysts for alleging that he was overseeing the issuance of land titles to a community in Kratie province on Friday to appease the suffering of the people there. “I would like to send a message to ...

Government Announces Anti-Graft Price Lists

Eight months after the anti-graft provisions of the Anti-Corruption Law came into effect, the Anti-Corruption Unit (ACU) announced yesterday that it would start a widespread campaign to introduce standardized fees for government services in every commune office—though it will likely be months before any visible steps are taken. More than 2,000 ...

Productivity Could Increase if Manufacturers Feed Workers

More than 60 percent of garment factory owners believe that the productivity of their workers could increase if nutrition levels improved and over half would be willing to provide meals for their workers as long as it came at the right price, according to a ...

Worker relieved of factory job

The dismissal of a worker allegedly fired by Xin Lan (Cambodia) garment factory in Kandal province’s Ang Snuol district for frequently relieving himself on the factory’s perimeter fence has sparked a mass strike of about 1,000 fellow workers – almost all of the factory’s staff. Nov ...

http://www.phnompenhpost.com/index.php/2012080757850/National-news/alleged-job-sacking-incites-factory-protest.html

NagaCorp to Construct New Election Committee Building

Phnom Penh’s only licensed casino, NagaWorld, has agreed to build a brand-new 15-story tower for the National Election Committee (NEC) as part of its plans to invest $369 million in expanding its current operations over the next three years, an official at the casino said ...

UTCC: Rubber prices won't bounce back

Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...

http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back

Longan farmers in Pailin plan factory

A co-operative of longan farmers in Pailin plans to build a processing factory to increase export capacity as output and demand rise. Meas Loeurn, the co-operative’s leader, told the Post on Wednesday rising demand from China was prompting growing numbers of farmers to cultivate the fruit. “During ...

http://www.phnompenhpost.com/2013020861252/Business/longan-farmers-in-pailin-plan-factory.html

Hun Sen Orders Workers Compensated

Cambodia’s Prime Minister Hun Sen has promised to compensate thousands of garment workers demanding back pay they say they are owed since their factory owner fled the country to escape mounting debt, according to officials. Kandal provincial labor department director Thol Neang told RFA’s ...

http://www.rfa.org/english/news/cambodia/workers-02192013184511.html

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Finance Minister Lauds Boeng Kak's Tax Bill

The Finance Ministry has sent a letter to well-known businesswoman Choeung Sopheap thanking her for paying her taxes on the highly controversial filling in of Phnom Penh’s Boeng Kak lake, and holding her firm up as an example of corporate professionalism. Though Shukaku Inc., which is ...

http://www.cambodiadaily.com/news/finance-minister-lauds-boeng-kaks-tax-bill-11863/

Concessions Not for Logging, Hun Sen Says

Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...

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