Cambodia's fuel needs increased in 2012
Cambodia spent more than $1.6 billion importing fuel oil and petrol last year, a figure 14.3 per cent higher than for 2011, the Ministry of Commerce said yesterday. The money spent on importing 1.6 million tonnes of petrol and fuel oil – 100,000 tonnes more than ...
http://www.phnompenhpost.com/2013013161091/Business/cambodia-s-fuel-needs-increased-in-2012.html
Questions follow on heels of hydropower dam Sesan 2 vote
Villagers near the Sesan River in Stung Treng province are a step closer to being forced to make way for a hydropower dam following a National Assembly vote on Friday, but they are no closer to learning the details of such a move, a community ...
http://www.phnompenhpost.com/2013021861415/National/questions-follow-on-heels-of-sesan-2-vote.html
MP urges government to scrap Koh Kong dam project
A dam project set to flood thousands of hectares of protected forest and displace about 1,500 indigenous minority villagers in one of Koh Kong province’s most precious ecosystems should be scrapped, opposition Sam Rainsy Party MP Son Chhay said yesterday. The 109-megawatt dam project in the ...
http://www.phnompenhpost.com/index.php/2012042055676/National-news/dont-dam-minority-mp-says.html
Satellite Shots to Help Settle Deforestation Claims
New satellite images of Oddar Meanchey province promise to help settle wildly conflicting deforestation estimates inside a 64,000-hectare area, which is set to anchor the country’s first forest-based carbon trading scheme. With the project potentially ready to sell carbon credits to foreign firms in a matter ...
Demonstrators Take On Local Power Suppliers
Hundreds of Kompong Cham villagers protested yesterday and Sunday against high electricity prices in another example of energy-price demonstrations that are becoming increasingly frequent across the country. In Kompong Cham province’s Batheay district, more than 500 villagers yesterday continued a protest over electricity prices that began ...
In Phnom Penh, the Vespa Comes Back 'Officially'
“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...
Young chief vs the system
Tek Nim is well versed in dealing with adversity. In year nine, she dropped out of school, began working on the family farm and finally became resigned to the belief that her brightest prospect was to leave Omlaing commune, in Kampong Speu province’s Thpong district, ...
http://www.phnompenhpost.com/index.php/2012070357164/National-news/young-chief-vs-the-system.html
Cambodia carve-up under the spotlight
There were scenes of jubilation in Cambodia’s capital last month when a group of 13 imprisoned women – including a 72-year-old grandmother – was set free by an appeal court. The women were arrested in May during peaceful demonstrations against the forced eviction of thousands ...
Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html
Cambodian farmers squeezed out
Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...
http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out
Destroyed houses spark debate in Kampot
A company owned by a board member of the Cambodian Chamber of Commerce has been accused of illegally destroying more than 80 houses in Kampot province’s Chhouk district, a claim vigorously denied by the firm and local authorities. Chan Pheng, a villager from Chi Bak village ...
Tens of Thousands Eligible for Land Titles Under New Policy
Tens of thousands of families – many of them currently embroiled in land disputes – will be eligible for land titles under an ambitious policy announced by Prime Minister Hun Sen last week, government officials said yesterday. On June 14, Mr. Hun Sen announced an ...
Manulife enters Cambodia's burgeoning insurance market
Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...
Thousands protest outside Gladpeer Garment Factory
More than 2,000 workers demonstrated in front of Phnom Penh’s Gladpeer Garment Factory yesterday, demanding a higher minimum wage and several other concessions. The workers decided to strike after the Por Sen Chey district factory did not respond to repeated requests to raise their monthly minimum ...
http://www.phnompenhpost.com/2013011560786/National/thousands-turn-out-for-strike.html
Phnom Penh Land Prices Slow Growth
Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...
The Credit Bureau Cambodia at the five-month mark
Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...
Sugar company axes child labour
Rulling party Senator Ly Yong Phat’s Phnom Penh Sugar Company announced yesterday that it had amended its hiring policy to forbid contractors from employing children, while at the same time, opposition parliamentarian Mu Sochua made public her plans to visit the company to investigate its ...
http://www.phnompenhpost.com/2013011560790/National/sugar-company-axes-child-labour.html
Cambodia’s city port reports 34 pct rise in cargo shipment in Q1
Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...
New CAA Fleet To Take Flight
Cambodia Angkor Air (CAA) intends to acquire seven more planes by 2015, more than doubling its existing fleet of five, as the airline plans new routes in the next few years to China, South Korea, Hong Kong and India. The plan was unveiled at an industry ...
http://www.phnompenhpost.com/2013042665258/Business/new-caa-fleet-to-take-flight.html
Call for Arsenal to Drop Links With Rubber Firm
An online petition has been launched calling on English Premier League football club Arsenal to break its ties with a Vietnamese rubber company accused of land grabbing and deforestation in Cambodia. A report by London-based Global Witness this month named Hoang Anh Gia Lai (HAGL) as ...
http://www.cambodiadaily.com/news/call-for-arsenal-to-drop-links-with-rubber-firm-26801/