Court Enforces Injunction Against Mfone
A court official on Friday agreed to implement an injunction to freeze the assets of bankrupt telecommunications firm Mfone Co. Ltd., according to a lawyer in the case. The Phnom Penh Municipal Court issued the injunction against Mfone on January 17, after Huawei Technologies Co. Ltd. ...
Cambodia rubber drops 6 per cent
Cambodia’s rubber prices declined almost six per cent in the past two weeks, caused by concern over the European crisis with Greece, industry players and Cambodian officials said yesterday. Men Sopheak, deputy director general of Chop Rubber Plantation, a big rubber exporter in Cambodia, said the ...
http://www.phnompenhpost.com/index.php/2012051856229/Business/cambodia-rubber-drops-6-per-cent.html
Violent crackdowns decried
Violent land evictions, unlawful prison sentences, shooting deaths and crackdowns on peaceful protests are all on a list of allegations a human rights group is voicing concerns about this week. The Cambodian Human Rights Action Committee condemned the incidents in a statement released on Tuesday, calling ...
http://www.phnompenhpost.com/index.php/2012053056473/National-news/violent-crackdowns-decried.html
Sweet deal
Stevia Nutra Corporation, a Canadian agro-business company, has announced its decision to grow stevia in Cambodia’s Kampong Speu province. The company will grow the plant, whose leaves are used as a sweetener or sugar substitute, on just over 20 hectares of land close to Phnom Penh. Stevia Nutra has incorporated Mighty MekongAgro Industries Co. Ltd, ...
Laos only ‘surveying’ Xayaburi
Laos has denied it is pushing forward with the controversial Xayaburi hydropower dam in violation of international legal obligations, the country’s state media reported on Friday. Under a 1995 agreement with Cambodia, Vietnam and Thailand, Laos was obligated to not begin construction without a prior ...
http://www.phnompenhpost.com/index.php/2012070957302/National-news/laos-only-surveying-xayaburi.html
ADB Report Says Cambodia Must Train More Skilled Workers
Cambodia is in need of more skilled workers in order for the economy to grow and move beyond basic manufacturing jobs, the Asia Development Bank (ADB) said in a new report. “The skills demand in Cambodia is for low-skilled workers, and this demand reinforces the current ...
Vietnam raises minimum pay
A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...
Cambodia, UK trade volume reaches $750 million in 2012
The United Kingdom embassy in Phnom Penh said today that bilateral trade volume between the two kingdom had reached to $750 million, an increase of 27 per cent if compared to 2011. British Ambassador Mark Gooding welcomed the increasing trade between the UK and Cambodia. “bilateral ...
PPWSA pays dividends
Phnom Penh Water Supply Authority (PPWSA) will allocate its first dividend to shareholders since listing on the bourse, on April 10. According to an announcement by PPWSA, the annual dividend will be distributed in cash. The dividend payout ratio is seven per cent, with a total dividend ...
May Kunmakara
http://www.phnompenhpost.com/2013040564909/Business/ppwsa-pays-dividends.html
Direct flights from Ha Noi to Cambodia
Travelers bound for Cambodia can now take direct flights from Ha Noi to both Phnom Penh and Siem Reap via new routes launched by Cambodia Angkor Air. Along with the official opening of a representative office in Ha Noi late last month, Angkor Air ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDEzMWUxZmJiOTh
Timber Plantation Awarded Sustainability Certificate
Grandis Timber Ltd.’s teak plantation in Kompong Speu province is the fist company in Cambodia to receive a certification from U.S-based Forest Stewardship Council (FSC) for its best practices in forest management, Grandis announced yesterday. “FSC certification recognizes FSC standard’s commitment to sustainable development of ...
Journalist claims he was beaten
A local Pursat province journalist filed a lawsuit yesterday against a group of wood traders who he alleges beat him up on Tuesday. According to [Krouch] Non [Santre commune police chief], Nhok Yern, a reporter for Prum Bayon newspaper, and another journalist confronted men trafficking wood by cart. ...
Lieng Sarith
http://www.phnompenhpost.com/national/journalist-claims-he-was-beaten
UD Trucks to arrive in Kingdom
Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...
Chhim Sreyneang
http://www.phnompenhpost.com/business/ud-trucks-arrive-kingdom
Hun Sen says investment in Cambodia increases sharply
Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM
Huge logging group halted at Thai border
Police detained nearly 100 suspected loggers from crossing into Thailand from Oddar Meanchey’s Trapaing Prasat district on Friday to illegally cut timber, Provincial Governor Sar Thavy said yesterday. The 95 would-be border crossers were arrested in several different groups and were in possession of logging equipment, ...
Sen David
http://www.phnompenhpost.com/national/huge-logging-group-halted-thai-border
Intervention sought in land dispute
Twelve representatives of 50 families in Preah Vihear’s Kulen district are seeking aid from a rights group after being summonsed to court last week over a land dispute with a Malaysian company. The villagers gathered in Adhoc’s provincial office in Srayong commune yesterday to draft and ...
Phak Seangly
http://www.phnompenhpost.com/national/intervention-sought-land-dispute
Cambodian opposition chief says ready to talk with ruling party over row
Cambodian opposition leader Sam Rainsy said Tuesday that his party is ready to talk with Prime Minister Hun Sen’s ruling party over the post-election dispute. “Our spirit is still the same and we are ready to meet the ruling party to resolve the remaining issues,” Sam ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/07/c_133025680.htm
Rosewood cache uncovered
Provincial authorities in Siem Reap discovered a stockpile of rosewood weighing approximately 21 tonnes in Banteay Srei district on Wednesday afternoon. Tea Kimsoth, provincial Forestry Administration director, yesterday credited joint efforts made by the Forestry Administration and anti-economic crime police officials in discovering the wood stashed ...
Phak Seangly
http://www.phnompenhpost.com/national/rosewood-cache-uncovered
Anti-Corruption Unit investigates corruption cases in response to Global Fund’s report
The anti-corruption Unit is launching its investigation on corruption cases after being revealed by Global Fund Organization through its progressive report. The investigation is being launched in line with the Unit’s announcement on the 37th Meeting of the National Anti-Corruption Council on 29 January 2014. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NmY2NWI0NGUxMTg
Postal service revenue up
Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official. Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from ...
May Kunmakara
http://www.phnompenhpost.com/business/postal-service-revenue