City Hall considering relocating warehouses
Speaking at a pagoda inauguration on Saturday, Phnom Penh Governor Pa Socheatvong said City Hall is looking to move warehouses and automobile repair shops out of the city centre to the outskirts to reduce pollution and traffic congestion – a move Hun Sen’s sister Hun ...
Kong Meta
http://www.phnompenhpost.com/national/city-hall-considering-relocating-warehouses
Patience a virtue for coconuts
Khdib Sreymich, general manager of Coco Khmer, a Cambodia-based coconut cosmetics manufacturer, said her company is forced to import coconuts from Vietnamese suppliers to meet consumer demand for the company’s products. She explained that the farmers preferred to sell the coconuts when they were young, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/patience-virtue-coconuts
CPP inner circle expands, now dwarfing China’s and Vietnam’s
The Cambodian People’s Party Central Committee yesterday added more than 300 members to its ranks, the largest-ever class of inductees from government, civil society and law enforcement. The new members, which bring the committee’s ranks to more than 800, were sworn in to conclude a three-day ...
Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national-politics/cpp-inner-circle-expands-now-dwarfing-chinas-and-vietnams
South Korea to help build bridge across Mekong
The government of South Korea will help to build a Cambodia-Korea Friendship Bridge across the Mekong River in the future, according to a statement from the Foreign Affairs Ministry yesterday. The announcement came after a meeting on Friday between Foreign Minister Prak Sokhonn and newly-appointed ...
Mom Sophon
http://www.khmertimeskh.com/50113678/south-korea-to-help-build-bridge-across-mekong/
Institute unveils project to tackle waste crisis
The Global Green Growth Institute (GGGI) yesterday held a presentation in front of local authorities on a project that aims to tackle the waste crisis Cambodia is facing. ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50665270/institute-unveils-project-to-tackle-waste-crisis/
South Korea pledges to support Kingdom’s ongoing development
The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...
Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/
FRANCE 24 now on DTT in Cambodia
FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...
http://www.mediamughals.com/News/1/1/Article/10692/FRANCE_24_now_on_DTT_in_Cambodia.htm
Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
Cambodian PM: Poverty reduction target may hit 2 years earlier
Cambodia is expected to achieve the Millennium Development Goal (MDG) in poverty reduction two years earlier than the UN-imposed target, Prime Minister Hun Sen said Friday. According to the UN MDG, Cambodia is set the target to reduce poverty rate to 19.4 percent by 2015, meaning ...
http://news.xinhuanet.com/english/world/2012-09/21/c_131865877.htm
As Tensions Grow, Residents Pitted Against Authorities, ‘Not Companies’
Boeung Kak and Borei Keila villagers embroiled in longstanding land disputes with two private companies in Phnom Penh say the authorities are protecting business interests over the public, as thousands of families lose their homes under forced evictions. This has turned the protesters and government officials ...
European Anti-Corruption Law Could Reach Cambodia’s Oil, Forestry Sectors
New European legislation passed last month could help transparency in the extractive industries, by forcing companies to declare payments to foreign governments rich in resources For resource-rich countries like Cambodia, that means much more transparency, she said. More than 95 percent of the world’s major extractive ...
Acleda readies to open Myanmar’s first micro-finance firm
Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...
Factory name change fires up workers
More than 5,000 workers went on strike in Kandal province’s Ang Snuol district yesterday after discovering the owners had changed the name of their factory almost two years ago, a union representative said. Concerned that the name change from Tai Yeng to Tai Nan in 2010 ...
New Phnom Penh Overpass Will Affect About 100 Families
More than 60 families will have their homes destroyed to make way for a new overpass in Phnom Penh’s Meanchey district once construction begins in June, according to a statement posted Saturday on the city’s website. The overpass spanning Monireth Boulevard will displace 66 families and ...
Mysterious excavators cleared protected area
Kampong Thom provincial authorities have confiscated more than two dozen dirt excavators in Stoung district over the past week after the machinery had been allegedly used to dig up land for development in a protected area used primarily for breeding fish. Hang Thol, a military police ...
Prasac moves towards becoming a bank
Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...
UN envoy focuses on land disputes in Cambodia
A UN envoy has called on the international community to pay more attention to human rights issues in Cambodia. The call comes amid ongoing land disputes and legal harassment of activists. Surya Subedi is the United Nations Special Rapporteur on human rights in Cambodia and has submitted ...
http://www.abc.net.au/news/2012-10-01/an-cambodia-human-rights/4289544?section=business
Thai prices ease as intervention distorts regional trade
Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...
Senator's 2nd Sugar Refinery to Start Up Monday
Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...
Cambodian economy expected to grow 7 pct in 2013: official
Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. Last Tuesday, the ...