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40 hectares razed in R’kiri

More than 40 hectares of protected forest in Rattanakiri’s O’Yadav district was razed by a Vietnamese company over the course of six days before they were stopped yesterday by villagers and investigators from rights group Adhoc, a local official said. Sav Hlin, a village chief in ...

http://www.phnompenhpost.com/2013042665270/National/40-hectares-razed-in-r-kiri.html

Corruption worse than in Bangladesh: NGO

In a country where corruption is as rife as it is In Cambodia, global brands must work with governments to ensure garment factories are safe and workIng conditions legal, International NGO Transparency International (TI) said yesterday. In Cambodia, where two workers were killed when a ceilIng ...

http://www.phnompenhpost.com/2013061266221/National/corruption-worse-than-in-bangladesh-ngo.html

Call for More Investment in Infrastructure

As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, ac­cording to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...

http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/

Forest activists answer complaint in court

Eight members of the Prey Lang forest community network, summonsed to the Kampong Thom provincial court yesterday to answer a 2011 complaint, rejected its accusation that they had caused intentional damage by uprooting cassava plants belonging to Ol Ratha and maintained they had acted only ...

http://www.phnompenhpost.com/2013031561954/National/forest-activists-answer-complaint-in-court.html

Beeline In Negotiations with Potential Buyer

VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in ...

http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/

Adhoc defends Staffer in Incitement Claim

Human rights group Adhoc yesterday criticized a commune official in Pursat province’s Veal Veng district for accusing one of its staff of incitement and spreading disinformation after villagers traveled to Phnom Penh in March to protest over a land dispute with well known businessman Try ...

http://www.cambodiadaily.com

Spending in NagaCorp casino drops

Spending in NagaCorp’s casino has dropped by about 4.4 per cent in the first quarter of the year compared with the same period last year. Some $1.17 billion was gambled in the casino from January to March this year, said a company quarterly report released last ...

http://www.phnompenhpost.com/2013052865866/Business/spending-in-nagacorp-casino-drops.html

Angkor finds visible gold in Ratanakkiri

Canadian miner Angkor Gold has found “visible gold in the soil samples” in the Otray prospect in Ratanakkiri province, which hints at possibly larger reserves, said CEO and chairman Mike Weeks in a press release published on Wednesday. ...

http://www.phnompenhpost.com/2013053165964/Business/angkor-finds-visible-gold-in-ratanakkiri.html

Illegal logs found in TTY truck

Conservation officials have confiscated a truck containing 20 cubic metres of illegally cut, luxury-grade timber from an economic land concession owned by the firm TTY Corporation, a district official said yesterday. Kratie provincial officials seized the logs, along with two trucks and two cars on Monday ...

http://www.phnompenhpost.com/2013061266220/National/illegal-logs-found-in-tty-truck.html

AFD in talks over power lines

The French Development Agency (AFD) said yesterday it is discussing an approximately 50 million euro ($65 million) loan to extend electricity transmission lines, and said it plans to provide more loans for vocational training in the Kingdom. “We are discussing [the] loan . . . that ...

http://www.phnompenhpost.com/2013050165342/Business/afd-in-talks-over-power-lines.html

Huge Increase in MFI Loans, Deposits

More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...

http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html

Macau To Cambodia Route ‘In Negotiation’

A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau international Airport Co, “seeking to launch ...

http://www.phnompenhpost.com/2013050865475/Business/macau-to-cambodia-route-in-negotiation.html

Koh Kong cashes in on conservation

Koh Kong province’s mangrove forests have changed from being a source of charcoal to serving tourists who help to protect their biodiversity. The forests have now become a popular destination for Cambodian tourists. Yem Yan, Peam Krasorb commune chief in Koh Kong, said gradually visitors ...

http://www.phnompenhpost.com/2013051465588/Business/koh-kong-cashes-in-on-conservation.html

Fear still lingers in Pro Ma

A year to the day since armed soldiers stormed into the remote village of Pro Mar in Kratie province, killing a 14-year-old girl, arresting her husband and evicting hundreds of families, Sreng Pho still has nightmares. “I’m really scared when I think back to that day ...

http://www.phnompenhpost.com/2013051665654/National/fear-still-lingers-in-pro-ma.html

Rubber firm has plans in Cambodia

Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia. “We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” ...

http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html

Villagers protest hike in electricity expense

More than 60 villagers from Kampong Cham province’s Stung Trang district staged a protest on Monday at Arak Tnort commune hall, demanding answers for a massive price hike that has accompanied the installation of electricity meters ahead of a planned switchover to state-provided power. Private company ...

http://www.phnompenhpost.com/national/villagers-protest-hike-electricity-expense

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

NGOs see gap in rights record

A group of NGOs condemned rampant abuses of sexual and reproductive health rights in Cambodia last week, just days before the government submitted a human rights progress report to the United Nations. The Cambodian Center for Human Rights, in cooperation with the Asia Pacific Network of ...

Laignee Barron
http://www.phnompenhpost.com/national/ngos-see-gap-rights-record

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

Car Maker Mazda Opens in Cambodia

Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...

http://www.cambodiadaily.com/business/car-maker-mazda-opens-in-cambodia-39630/

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