Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
R’kiri Villagers to March Without Permission
Rights group Adhoc said yesterday that a large-scale march in Ratanakkiri province involving hundreds of ethnic minority villagers caught in land disputes would go on as planned later this month despite the government’s refusal to approve the march. The provincial coordinator for Adhoc, Pen Bonnar, said ...
23,000 Hectares of Land Concessions Approved
The government last month granted four companies a total 23,000 hectares of land concessions for agro-industry projects and a special economic zone (SEZ), according to human rights groups, which said it obtained the information from government documents. An additional 500 hectares inside a wildlife sanctuary were ...
Exports to be unaffected by debt crisis
As Cambodian exports continue to grow, commerce officials predict sovereign debt crises in the United States and Europe will not threaten the sector. Total exports surged by more than 46 per cent to US$2.677 billion in the first seven months of the year, compared to ...
US Fortune 500 Firms Wrap Up Cambodia Visit
A US-Asean Business Council delegation representing 11 fortune 500 companies concluded a two-day visit to Phnom Penh on Saturday, the council said in a statement. With Cambodia scheduled to take the chairmanship of Asean next year, members from US companies such as Chevron, GE, Abbot, ...
Study says country unlikely to meet rice goal
Cambodia is unlikely to meet even half of its 2015 goal to export 1 million tons of milled rice unless export and production costs are greatly reduced and more private investment goes toward the agriculture sector, according to a new World Bank study obtained Monday. The ...
Flood challenges still loom
The floodwaters may have receded, but their effects are far from over, with the government, NGOs and international donors saying yesterday they are still assessing the damage as they shift to long-term rehabilitation. Last November, Minister of Economy and Finance Keat Chhon said the government would ...
http://www.phnompenhpost.com/index.php/2012012754194/National-news/flood-challenges-still-loom.html
Building 10 rises at Borei Keila
Another building is rapidly rising on the plot of land reserved for the tenth and last building promised to evicted Borei Keila residents. Behind 100 protesting evictees, construction workers continued pounding away yesterday at a steel structure that started coming up last week, along ...
http://www.phnompenhpost.com/index.php/2012022854753/National-news/building-10-rises-at-b-keila.html
Informal Pharmacies Continue To Operate Despite Crackdown
There are no reliable figures on the number of illegal pharmacies operating nationwide, but the government insists that the problem is a thing of the past. At the launch of an anti-drug campaign at the US Embassy in Phnom Penh on Monday, Chou Yin Sim, secretary ...
One-Stop Office for Rice Exports to Open by April
Minister of Agriculture Chan Sarun announced yesterday that the government would establish its first one-stop service office for rice millers and exporters by the end of the month. The announcement comes two months after Hun Sen signed off on the idea, which is meant to cut ...
Pursat City Residents Threaten To Protest Electricity Prices
More than 500 residents of Pursat City have signed a letter addressed to Minister of Industry, Mines and Energy Suy Sem threatening to take to the streets in protest if the town’s privately owned electricity distributor does not reduce prices. Rong Chhun, president of the Cambodian ...
Angkor Wat bags $44 mil
Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...
Chea Vannak
http://www.khmertimeskh.com/news/30293/angkor-wat-bags--44-mil/
Rice harvest estimates taken with a grain of salt
New government estimates on this year’s rice production and forecasts for next year’s crop may be overly optimistic, industry experts say, factoring in the impact of a drought that damaged crops and is expected to carry over into the next dry season harvest.The Ministry of ...
Ananth Baliga
http://www.phnompenhpost.com/business/rice-harvest-estimates-taken-grain-salt
Fellow villagers pray for land rights activists
Borei Keila protesters, including many who live in squalor under staircases at the site, have already been compensated for losing their homes and have no right to demand more, Suy Sophan, the owner of developer Phan Imex, told the Post yesterday. About 200 supporters from the ...
Xayaburi dam not on agenda
The Mekong River Commission (MRC) will forgo an opportunity to voice opposition to the Xayaburi dam project – which member state Laos began building in November – when it meets for its annual council meeting next week. Surasak Glahan, communications officer with the MRC secretariat, confirmed ...
http://www.phnompenhpost.com/2013010860670/National/xayaburi-dam-not-on-agenda.html
Hun Sen Says Chinese Companies Not Favored, Just Served
Prime Minister Hun Sen yeserday lauded his government’s strong ties with China but said Cambodia does not give Chinese any preferential treatment. Mr. Hun Sen was speaking at the inauguration of the $47.1 million Kirirom III hydropower dam in Koh Kong province’s Sre Ambel District- constructed ...
Police Arrest Six Villagers Accused of Fraud
Police in Battambang arrested six villagers embroiled in a land dispute with a local businessman on Wednesday after 10 other villagers accused them of defrauding families in the area, deputy provincial governor Uy Ry said yesterday. However, villagers and rights workers in Kors Kralor district said ...
Habitat Day Marked by capital's evictees
Evictees wearing small model houses on their heads to symbolize their struggles marched to the National Assembly yesterday to ask authorities to intervene to stop more forced evictions. About 400 representatives of 40 communities across the capital joined human rights activists at the former Dey Krahorm eviction site ...
King Father Norodom Sihanouk Dies at 89
Retired King Norodom Sihanouk, whose name for half a century was synonymous with Cambodia on the world stage, died in the early hours of Monday morning in Beijing. The former monarch, who was about to celebrate his 90th birthday on October 31, died peacefully in a ...
http://www.cambodiadaily.com/sihanouk/king-father-norodom-sihanouk-dies-at-89-3865/
ADB may back disputed dam
The Asian Development Bank is considering providing funds to a controversial 400 megawatt dam project in Laos that could have adverse impacts on the Mekong River in downstream Cambodia. Conservation group International Rivers wants the Lao government to pull the plug on the $1 billion Xe ...