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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 ...

http://www.etmcambodia.com/blog.php?article=508

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 ...

http://www.nzweek.com/business/cambodias-city-port-reports-34-pct-rise-in-cargo-shipment-in-q1-59160/

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/

Villagers Petition Against Crematorium’s Removal

More than 1,000 villagers in Phnom Penh’s Russei Keo district have signed a petition pro­testing the removal of a crematorium that is currently on land slated for a large development project. According to a letter from the Council of Ministers addressed to the Ministry of Cults ...

http://www.cambodiadaily.com/news/villagers-petition-against-crematoriums-removal-27487/

Poipet Vendors Protest Corrupt Border Officials

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...

http://www.cambodiadaily.com

Fraud Case Highlights Bribery Around Requests for Citizenship

The Court of Appeal on Monday acquitted a South Korean businessman who allegedly stole $50,000 that was supposed to be used to acquire Cambodian citizenship for his boss in 2007. Koo Bonkwang, the former president of Commerce Central Finance, a microlender, said he paid the money ...

http://www.cambodiadaily.com/news/fraud-case-highlights-bribery-around-requests-for-citizenship-31785/

Rubber Company Joins CPP Gift-Giving Ceremony in Ratanakkiri

Representatives of a Vietnamese rubber firm that has been accused of contributing to the illegal deforestation of vast tracts of land in northeast Cambodia joined local CPP-aligned government officials in Ratanakkiri province on Friday to hand out rice, salt and sugar to more than 400 ...

http://www.cambodiadaily.com/elections/rubber-company-joins-cpp-gift-giving-ceremony-in-ratanakkiri-32708/

Cambodian rubber earnings fall

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

http://www.phnompenhpost.com/business/cambodian-rubber-earnings-fall

Families Left Worse off After Railway Project

Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...

http://www.cambodiadaily.com

Rainsy, Sokha Draw Large Crowds in Siem Reap

SIEM REAP CITY/KOMPONG THOM CITY – Opposition leaders Sam Rainsy and Kem Sokha led a parade of more than 20,000 supporters on Wednesday through the streets of Siem Reap City in what was the second-largest turnout for an opposition rally since Mr. Rainsy landed in ...

http://www.cambodiadaily.com/elections/rainsy-sokha-draw-large-crowds-in-siem-reap-36614/

Reports on Cambodian Election Irregularities Submitted

The Cambodian National Election Committee (NEC) on Wednesday received more than 10 reports documenting irregularities in last month’s national elections. International and local rights groups and observers have called for further investigation into the allegations of irregularities, which presents a potential roadblock to the formation of ...

http://www.voanews.com/content/reports-on-cambodian-election-irregularities-submitted/1725538.html

Thousands of workers in Cambodia march for pay rise on Int'l Labor Day

About 5,000 Cambodian workers took to the street on Wednesday to mark the International Labor Day, calling for pay rise, better labor conditions and decrease in petrol prices, a union representative said. Marchers, mostly garment workers, held banners and walked from the Freedom Park near the ...

http://news.xinhuanet.com/english/world/2013-05/01/c_132352087.htm

Massive Power Outage Triggered by Falling Tree

A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ...

http://www.cambodiadaily.com/news/massive-power-outage-triggered-by-falling-tree-26557/

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

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