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FDI to grow small businesses in Cambodia

The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...

http://www.phnompenhpost.com/2013012260903/Business/fdi-to-grow-small-businesses-in-cambodia.html

Plans for 7-Eleven chain in Cambodia

Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday. The other two countries are Myanmar and Laos, and the plan is part of CP All’s expansion ...

http://www.phnompenhpost.com/2013013161087/Business/plans-for-7-eleven-chain-in-cambodia.html

Land titles denied, villagers in Pursat claim

Student volunteers working as part of the government’s land titling scheme are again being accused of refusing to measure land – this time in Pursat province – because they say those living there have done so illegally, according to villagers. Villagers in Bakan district said the ...

http://www.phnompenhpost.com/2013022061480/National/titles-denied-villagers-in-pursat-claim.html

About 100 Protest Electricity Prices in Mondolkiri

About 100 residents of Mondolkiri province’s Sen Monorom City protested outside the provincial hall on Monday, demanding that local authorities reduce the price of electricity in the city, officials said yesterday. Choeng Sochantha, director of the provincial administration office, said the protestors demanded that the price ...

http://www.cambodiadaily.com

Foreign investment in Cambodia’s property rises

Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...

http://www.phnompenhpost.com/2013022861647/Real-Estate/foreign-investment-in-cambodia-s-property-rises.html

New Year’s price hikes kick in

As many flock to their hometowns today to celebrate Khmer New Year, complaints of price hikes and border bribes have started pouring in like clockwork. Passengers arranging transport to the provinces told the Post yesterday that bus companies and taxies had raised their prices despite a ...

http://www.phnompenhpost.com/index.php/2012041255576/National-news/new-years-price-hikes-kick-in.html

Hun Sen praises local investors in Cambodia

Prime Minister Hun Sen lauded the capability of local Cambodian investors who can build factories by their own efforts on May 14 during the inauguration ceremony of the US$-60 million Cambodia Beer Factory, which is totally owned by Cambodians. ...

http://www.etmcambodia.com/news.php?id=29

CPP Claims 72% of Seats In Communes

The CPP yesterday declared victory in Sunday’s commune election, saying it had taken 72 percent of the country’s commune councilor seats and all but 41 of the country’s 1,633 powerful commune chief positions. The SRP in turn said it took 19 percent of the available councilor ...

RCAF general’s case back in court

The Supreme Court yesterday conducted another hearing into the decade-old case of a three-star RCAF general found guilty in 2002 of owing more than US$50,000 for construction work. Presiding judge and vice-pres­­­ident of the Supreme Court Kong Srim said the court would make a final ruling ...

http://www.phnompenhpost.com/index.php/2012060556584/National-news/generals-case-back-in-court.html

Lawyer Asks to Participate in Shooting Probe

A lawyer representing the three victims of the Feb. 20 shooting of workers at a special economic zone (SEZ) in Svay Rieng province has written to investigators asking to be allowed to participate in the case. Chin Lyda, a lawyer for human rights group Licadho who is representing the three ...

Clinton will attend ASEAN meet in Cambodia

WASHINGTON: US Secretary of State Hillary ClINton said Tuesday that she will take part IN next month’s meetINg of Southeast Asian nations and regional powers IN Cambodia.

ClINton met IN WashINgton with Cambodia’s foreign mINister, Hor Namhong, as the developINg nation prepares to host this year’s ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1207288/1/.html

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Bo Xilai associate arrested in Phnom Penh

Cambodian authorities yesterday arrested French architect Patrick Devillers – friend and business associate of disgraced Chinese politician Bo Xilai – and may be moving to extradite him to China to face unspecified charges there, police said. Phnom Penh Police Commissioner Touch Naroth confirmed the arrest to ...

http://www.phnompenhpost.com/index.php/2012062056902/National-news/frenchman-with-bo-ties-arrested.html

Villagers in Land Dispute Protest Against Firm

More than 100 villagers involved in a land dispute with an import-export company in Pursat province’s Veal Veng district protested Sunday against the firm’s alleged attempts to stop them from farming the area, officials and villagers said. Meas Sarin, one of the protesters, said that about ...

Clinton, US Delegation To Arrive in Cambodia

U.S. Secretary of State Hillary Clinton will lead the largest delegation of American businesses ever to visit Cambodia when she arrives here next week to participate in the Asean Regional Forum, U.S. Ambassador William Todd said yesterday. ...

Volunteers Move In to Measure Kratie Site

Two months after government security forces evicted hundreds of families from Kratie’s Broma village at gunpoint, residents who were permitted to remain there took their first steps toward legal land tenure. Scores of volunteers last week began to collect data of families in Chhlong and Snuol ...

Land officials rounded up in ACU bust

Four officials from the Ministry of Land Management, Urban Planning and Construction accused of land dispute-related corruption were arrested on Monday by the Anti-Corruption Unit. An official who declined to be named told the Post yesterday that Sa Reth Boramy, deputy general director of General Department ...

http://www.phnompenhpost.com/index.php/2012080957908/National-news/land-officials-caught-in-anti-corruption-bust.html

Firm says gold deposit discovered in Mondolkiri

Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...

Vietnamese Goods Fair Opens In Phnom Penh

The 10th High Quality Vietnamese Products and Exports trade fair opened yesterday in the Cambodian capital city of Phnom Penh. It has attracted around 150 firms who have  set up 250 booths to display more than 2,000 products, including electronics, consumer goods, stationary, books, construction materials, ...

Dai Fishing Targeted in Mekong Conservation Zone

Fisheries Administration patrols increased on the Mekong River in Kratie and Stung Treng provinces to prevent fishermen from using dai fishing methods as the seasonal fish migration period begins. However, the Fisheries Action Coalition Team (FACT), an umbrella group of national and international organizations, said the ...

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