Development Bank Revises Growth Outlook
A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent. The ADB’s estimation was edged down just 0.1 percent from its last forecast made ...
Hun Sen Tells Ratanakkiri’s Minorities Their Future Is Rubber
On the second day of his two-day visit to Ratanakkiri, Prime Minister Hun Sen on Friday cajoled indigenous minority members about their ready adoption of new technology amid the shift away from traditional ways of life, and extolled the benefits of rubber plantations over their ...
http://www.cambodiadaily.com/news/hun-sen-tells-ratanakkiris-minorities-their-future-is-rubber-6519/
Rice Harvest to Yield Growth, Official Says
As Cambodia’s rice harvest gets into full swing, the government said yesterday that it expects this year’s crop to exceed last year’s, despite fears that drought would limit the yield. Minister of Agriculture Chan Sarun said that farmers had already harvested more than 3 million tons ...
Strikers know when to fold 'em
More than 300 workers from the Tropicana Casino and resort in Banteay Meanchey provinces’s Poipet town obeyed a court order to end striking and return to work yesterday and official said. Hong Prakorb, a provincial official for the Labour Ministry said more than 200 workers ...
Vendors Protest Over Worthless Mfone Cards
More than 100 mobile phone vendors protested yesterday outside the Phnom Penh headquarters of bankrupt mobile operator Mfone over their stocks of phone credit recharge cards that are now worthless, as the defunct company has transferred its subscribers to MobiTel, which does not recognize the ...
Cambodian, Phl conglomerate sign deal to establish new airline
Cambodia Airlines, a majority-owned Cambodian company, and San Miguel Corp., the Philippines’ most diversified conglomerate, on Tuesday signed a joint venture agreement to set up a Cambodia-based airline – Cambodia Airlines – to service domestic and regional flights. The agreement was inked between Cambodian tycoon Kith ...
Bandith trial ends with prosecutor accusing two
The final day of former Bavet town governor Chhouk Bandith’s trial on Friday saw heated argument between lawyers and witnesses over who was responsible for shootings that injured three garment factory workers at a demonstration last year. More than 20 witnesses testified during the three days ...
Thousands block National Road Two
Thousands of workers from the Macau-owned M & V International ManufacturIng Ltd on Wednesday blocked National Road Two to demand better workIng conditions. The protestors have 11 lists of demands IncludIng bonuses of 4,000 riel ($1) for food, $3 for holiday pay, and $12 for ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZDEzMTc5YjNiNTc
Phnom Penh Port Trade Volume Increases by 29%
The number of shipping containers that passed through the Phnom Penh Autonomous Port increased by 29 percent during the first six months of the year compared to the same period in 2012, according to figures released yesterday. The port received 50,157 standard containers between January and ...
Thai power to Siem Reap cut
Siem Reap town – one of Cambodia’s biggest tourist destinations – faced yet another power outage yesterday after the provincial energy supplier cut power for 12 hours during the day. Energy supplier Electricite du Cambodge (EdC) informed residents that power would be cut from 6am to ...
http://www.phnompenhpost.com/2013040464887/National/thai-power-to-siem-reap-cut.html
Rubber draft law addresses regulatory holes
The government is drafting a rubber law to regulate the sector in response to the rapid growth of rubber plantations across the country, an official said. Ly Phalla, director general of the General Directorate of Rubber at the Ministry of Agriculture, Forestry and Fisheries, said officials ...
http://www.phnompenhpost.com/2013042665257/Business/rubber-draft-law-addresses-regulatory-holes.html
ADB advises region to combine grids
Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...
http://www.phnompenhpost.com/2013053165966/Business/adb-advises-region-to-combine-grids.html
New MFI To Launch Operations
A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...
http://www.phnompenhpost.com/2013050765436/Business/new-mfi-to-launch-operations.html
Delta Electronics eyes Cambodia expansion
Delta Electronics (Thailand), one of the world’s leading producers of power supplies and electronic components, plans to expand to Cambodia and Myanmar, the Bangkok Post reported on Wednesday. “There is no indication of a specific timeframe for the expansion, but the company sees these countries . ...
http://www.phnompenhpost.com/2013051065533/Business/delta-electronics-eyes-cambodia-expansion.html
R’kiri cop to answer for illegal rosewood
A district deputy police chief in Ratanakkiri province is to be summonsed to court for questioning after a police raid on his house Friday turned up more than 10 cubic metres of illegal luxury wood. Provincial anti-economic crime police, who carried out the raid, found three ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/r%E2%80%99kiri-cop-answer-illegal-rosewood
CNRP collects thumbprints, urging King not attend first session
The opposition Cambodia National Rescue Party (CNRP) began collecting thumbprints from voters nationwide in order to present to King Norodom Sihamoni, requesting he not attend the first session of parliament, according to a source. A CNRP senior official on Thursday said that his party held a ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDc4M2Q3Y2IzYTZ
Exodus follows violent clash
Garment workers have begun leaving the area surrounding embattled Veng Sreng street en masse, following the outbreak of clashes early on Friday morning. An estimated 80 per cent of the more than 10,000 workers who live and are employed in the Meanchey district suburb have vacated ...
Mom Kunthear
http://www.phnompenhpost.com/national/exodus-follows-violent-clash
Tour guides urged to give election OK
Several tour guide associations in Siem Reap received a prepared statement from the Provincial Department of Tourism asking them to sign and thumbprint a note of acceptance of the election results released by the National Election Committee on Monday. At least half a dozen of ...
http://www.phnompenhpost.com/national/tour-guides-urged-give-election-ok
Wall collapse kills two construction workers
Two construction workers were crushed to death on Saturday in Phnom Penh when a concrete wall collapsed on them as they were digging a building’s foundation. Boeung Tompun commune police identified the victims as Touch Chorm, 17, from Kandal province’s Ponhea Leu district, and, Yung Yangthor, ...
http://www.phnompenhpost.com/national/wall-collapse-kills-two-construction-workers
Focus now on flood’s aftermath
With the floodwaters receding following weeks of heavy rains, the National Committee for Disaster Management met with officials from 20 provinces on Friday to determine the scale of the devastation and begin planning the cleanup. The NCDM on Wednesday launched a disaster management database in ...
Sen David
http://www.phnompenhpost.com/national/focus-now-flood%E2%80%99s-aftermath