Slowdown in GDP growth projected for 2019
The World Bank on Thursday forecast a slight dip in the country’s economic growth rate by 2019 amid declining foreign investment, rising inflation and a slowdown in the expansion of garments manufacturing, and advised improvements to infrastructure and training to keep the economy on its ...
Matt Surrusco
https://www.cambodiadaily.com/news/slowdown-in-gdp-growth-projected-for-2019-128024/
CNRP, Observers put election ink to test
Representatives from the E.U., CNRP and civil society organizations put newly delivered election ink to the test on Wednesday, a week after a spokesman for the country’s top election body warned that a sample batch of the ink could be washed off using a hair ...
Ouch Sony
https://www.cambodiadaily.com/news/129896-129896/
Loggers detained in Thailand
Sixteen Cambodians were arrested on Monday for illegally crossing the border to log luxury rosewood trees in Thailand’s Sa Kaeo province. The men, aged between 16 and 55, were all residents of Battambang province. They were arrested in Pang Sida National Park with logging tools and ...
Ros Chanveasna
http://www.khmertimeskh.com/news/38744/loggers-detained--in-thailand/
New facility worries activists
Activists say a new sand-processing facility is under construction in Koh Kong’s Tatai Wildlife Sanctuary, in the vicinity of the area where two companies were granted permission to conduct environmental impact assessments (EIAs) for sand-dredging projects, documents show, despite a standing government ban on sand ...
Yesenia Amaro and Phak Seangly
http://www.phnompenhpost.com/national/new-facility-worries-activists
Logging probe moved to capital
A high-profile investigation into corruption charges levelled against Mondulkiri police officials for colluding with Vietnamese timber traders has been transferred from the provincial court to Phnom Penh due to a lethargic investigation by local police, many of whom are involved in the case, a court ...
Phak Seangly
http://www.phnompenhpost.com/national/logging-probe-moved-capital
Report shows need for Cambodia to diversify exports
Global credit rating agency Moody’s Investors Services said yesterday that while it has retained Cambodia’s B2/stable sovereign rating alongside Vietnam’s B1/positive rating, the Kingdom’s low diversification of exports has put it at higher risk from external shocks than its eastern neighbour. ...
Kali Kotoski
http://www.phnompenhpost.com/business/report-shows-need-cambodia-diversify-exports
KrisEnergy signs oil deal next week
Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...
Sum Manet
http://www.khmertimeskh.com/5078426/krisenergy-signs-oil-deal-next-week/
Koh Kong activists charged
Two Mother Nature activists arrested after filming suspected sand-bearing vessels have been charged with incitement and making unauthorised recordings of a person in “a private place” – an offence that drew skepticism yesterday, given they were in their own boat in the open ocean when ...
Phak Seangly and Shaun Turton
http://www.phnompenhpost.com/national/koh-kong-activists-charged
Phnong want damages for Sesan flooded graves
Fifty-eight Phnong ethnic families in Kbal Romeas village, whose land was flooded late last year by the reservoir of the controversial Lower Sesan II Dam, are seeking at least 1,500 buffaloes from authorities and company representatives in compensation for their ancestral graves that are now ...
Phak Seangly
http://www.phnompenhpost.com/national/phnong-want-damages-sesan-flooded-graves
World Bank urges government to accelerate reforms
The World Bank urged the Cambodian government Wednesday to accelerate reforms while taking a participatory approach to its National Strategic Development Plan. Speaking at a meeting of the Development Partner Coordination Committee, World Bank Country Director Annette Dixon congratulated the government on its current development plan ...
Executive hopes to help open mattress plant in Cambodia
A mission trip to Cambodia earlier this year opened Roger Pickett’s eyes to the need to boost the Cambodian home furnishings industry. Now Pickett, president of MurMaid Mattress here, is hoping to help a nonprofit group open a mattress factory in that country and give Cambodians ...
Thailand moves on double tax treaty with Cambodia
Thailand is moving forward to strike a double tax treaty with Cambodia, to cope with increasing cross-border trade. Sathit Rungkasiri, director general of the Revenue Department, said it is a priority to expand the double tax treaty with all countries in Asean to prepare for the ...
http://www.nationmultimedia.com/business/Double-tax-treaty-with-Cambodia-eyed-30182041.html
Cambodia Beer to Ship First Export Batch to Japan
Less than two months after opening a $60 million brewery on the outskirts of Phnom Penh, Cambodia Beer will be exported for the first time today when vessels carrying the beer set out for Japan from Sihanoukville Autonomous Port, according to a statement issued yesterday ...
Oz aid cuts won’t touch Cambodia
Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...
Xayaburi dam construction to proceed
The Laos government will continue to allow what it has dubbed “preparatory work” on the controversial Xayaburi dam, including the resettlement of villagers, despite promising to suspend the project at last week’s ASEAN Regional Forum, according to a media report in Laos. ...
Factory fainting: Garment workers fall ill in Kampong Speu
About 60 workers at the Anful Garment factory in Kampong Speu’s Samrong Tong district reported feeling dizzy yesterday, while three fainted, officials said. The union president also said she did not think the incident was caused by the factory environment, but rather, by the health ...
Unresolved Land Issues Could ‘Explode,” Analysts Say
Land issues will continue to be a serious problem for Cambodia’s government, given the high number of continued crackdowns, arrests and violence, analysts say. “If an issue is covered and unsolved, one day it will explode,” Lao Monghay, an independent political analyst, told “Hello VOA,” in ...
No bail for Sabrina unionists
According to defence lawyer Kao Ty, the court decided to uphold the decision of the provincial court in a closed-door hearing last Friday. “They said if those eight members and workers were released on bail, they would cause a problem again,” he said, adding that ...
http://www.phnompenhpost.com/national/no-bail-sabrina-unionists
Three brokers arrested for human smuggling
Three brokers were arrested last Friday after allegedly attempting to illegally smuggle nine Cambodians, including an infant, across the Thai border. Lured with promises of employment in Thailand, the group was attempting to illegally cross the border on motos when they were stopped by police ...
http://www.phnompenhpost.com/national/three-brokers-arrested-human-smuggling
Strikers block road, burn tyres
More than 1,000 workers from the Maru Chuen garment factory in Phnom Penh’s Dangkor district blocked the Veng Sreng road on the outskirts of Phnom Penh for half an hour yesterday, burning about 20 tyres and demanding a monthly minimum wage increase from $61 to ...
http://www.phnompenhpost.com/2013031962011/National/strikers-block-road-burn-tyres.html