Foreign investment rises 73 pct
A mid [sic] global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations ...
http://www.phnompenhpost.com/2013070166579/Business/foreign-investment-rises-73-pct.html
Independent Monitors Say Election Beset With Irregularities
Election monitors said Monday that irregularities at polling stations during Sunday’s vote were widespread, and preliminary results released by the government do not necessarily reflect the true will of the electorate. At a press conference in Phnom Penh, Transparency International (T.I.) executive director Preap Kol said ...
The Cambodia Daily
http://www.cambodiadaily.com/elections/independent-monitors-say-election-beset-with-irregularities-37391/
Better Recovery for Construction and Real Estate Sector
2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...
Agriculture Contributes To Helping Cambodia’s Economic Growth: PM Hun Sen
“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people. At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...
Firm Given Rights to All ELC Timber in Ratanakkiri
The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...
http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/
Land prices in Phnom Penh increase by 15 per cent in first quarter
The more Cambodia’s economy grows and the more investors come into Cambodia has had some positive and negative effects, and one of those effects is to push up land prices in Phnom Penh for the first quarter in 2013, an increase of 15 per cent. Sorn ...
http://www.phnompenhpost.com/real-estate/land-prices-phnom-penh-increase-15-cent-first-quarter
Union wary of possible crackdown
Preparing for a demonstration expected to draw thousands of garment workers this morning, Ath Thorn, president of the Coalition of Cambodian Apparel Workers Democratic Union (C.CAWDU), said yesterday that he feared the possibility of a heavy-handed military police response. About 4,000 workers gathered at SL ...
Sean Teehan
http://www.phnompenhpost.com/national/union-wary-possible-crackdown
CPP Parliament Approves Ministry Split, Ministers Unclear
The CPP-dominated National Assembly on Wednesday approved a law that will see the Ministry of Industry, Mines and Energy split into two separate ministries, but has yet to decide who will head the new bodies. The CPP’s 68 lawmakers unanimously passed a measure that will see ...
Kuch Naren
http://www.cambodiadaily.com/news/cpp-parliament-approves-ministry-split-ministers-unclear-46944/
Thai company shelves Kampot cement project
Thailand’s second-largest cement company has suspended a cement-plant project valued at about $200 million in Kampot province because of political uncertainty and better investment opportunities in Myanmar, according to a senior executive. Philippe Arto, the managing director of Siam City Cement Public Company Limited (SCCC), said ...
Rann Reuy and May Kunmakara
http://www.phnompenhpost.com/business/thai-company-shelves-kampot-cement-project
Cambodia's construction continues strong growth in H1: minister
Investments in Cambodia’s construction sector have continued to grow sharply in the first six months of the year thanks to sound economic growth and investors’ trust in the country’s political stability, Im Chhun Lim, the country’s Minister of Land Management, Urban Planning and Construction, said ...
Global Times News Staff
http://www.globaltimes.cn/content/810044.shtml#.Ui69otKBmN8
SBC Bank Signs JCB Card Issuance MOU in Cambodia
Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf
Suspects Freed; No Hope of Justice for Slain Union Leader
Sok Sam Oeun and Born Samnang left Prey Sar prison’s Correctional Center 1 on Thursday for the last time, putting behind them an ordeal that has lasted nearly a decade during which they were wrongfully imprisoned for a total of five years each for the ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/suspects-freed-no-hope-of-justice-for-slain-union-leader-43679/
Monks and Cash Rewards Save Softshell Turtles
SAMBOR DISTRICT, Kratie Province – A sharply dressed usher in a crisp black shirt, black pants and a shiny black tie escorted guests to one of several bungalow-style, private booths at the Mloub Dong restaurant on a recent evening. While the privacy the restaurant offers is ...
Khy Sovuthy and Denise Hruby
http://www.cambodiadaily.com/news/monks-and-cash-rewards-save-softshell-turtles-49329/
Cambodia should hold referendum to decide on reelection: political analysts
Cambodia should hold a referendum to decide whether the country calls a reelection or not after allegations of serious irregularities during July’s election that handed victory to Prime Minister Hun Sen’s ruling party, political analysts said. Kek Galabru, president of a renowned human rights group ...
Nzweek News Staff
http://www.nzweek.com/world/cambodia-should-hold-referendum-to-decide-on-reelection-political-analysts-2-105897/
Groups Demand Mandatory Minimum Wage, Threaten Protest
About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/
Armed Man at Rally Claimed to Be ‘Samdech Bodyguard’
A man apprehended by participants at a rally in Phnom Penh’s Freedom Park on Sunday after he was spotted carrying a concealed pistol, signed himself into Calmette Hospital by listing his occupation as “Samdech Bodyguard,” in apparent reference to one of the three leaders of ...
Mech Dara and Simon Henderson
http://www.cambodiadaily.com/news/armed-man-at-rally-claimed-to-be-samdech-bodyguard-45091/
Angkor Beer Chief Behind Controversial Laos Border Dam
As the director of one of Cambodia’s largest breweries, Malaysian businessman Goh Nan Kioh has made millions selling Angkor Beer to Cambodians. But now his latest business venture, a controversial mainstream Mekong dam in Laos, is drawing the ire of environmentalists who believe that it will ...
Dene-Hern Chen
http://www.cambodiadaily.com/news/angkor-beer-chief-behind-controversial-laos-border-dam-45312/
At Embattled Factory, an Unmovable Manager
In an industry rife with labor strikes, the workers at the SL Garment Factory in recent months have been strident, and sometimes violent, in their efforts to have their demands for better working conditions met by factory bosses. Tuesday’s clash with police near Phnom Penh’s Stung ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/at-embattled-factory-an-unmovable-manager-46900/
CNRP Touts Success on Second Day of Demonstrations
As leaders from the CPP and CNRP sat down for a round of top-level negotiations aimed at breaking the country’s prolonged political impasse on Monday, opposition supporters once again poured into Phnom Penh’s Freedom Park for the second day of demonstrations against alleged fraud in ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-touts-success-on-second-day-of-demonstrations-42529/
Cambodian PM Claims Opposition Acknowledged Ruling Party Victory
Cambodian Prime Minister Hun Sen on Thursday threatened to release an audio recording in which opposition leader Sam Rainsy purportedly acknowledged a ruling party election victory during a meeting between the two leaders aimed at ending a political deadlock. Sam Rainsy’s Cambodia National Rescue Party (CNRP) ...
Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/recording-09262013165941.html