Mfone Profits Cut in Half in First Quarter
Thaicom Public Company Ltd., which owns a majority stake in local phone operator Mfone, announced on Friday that they have devalued the company by about $1.31 million as profits in the first quarter dropped by half. “In an effort to reflect the fair value of its ...
Maruhan Japan Bank buys stake in MFI – Sathapana
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...
http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/
Cambodia: Prime Minister Hun Sen Mocks Land Dispute
Cambodian Prime Minister Hun Sen mocked a group of ethnic minority villagers who tried to petition him on Friday about their land dispute in northern Cambodia’s Rattanakiri province, after they were stopped from presenting their complaint during his visit on a land-titling campaign. Hun Sen was ...
http://www.eurasiareview.com/08122012-cambodia-prime-minister-hun-sen-mocks-land-dispute/
Cambodia lures ex-Adamus executives
Former Adamus Resources executives Milan Bojanjac and Ron Heeks are plotting a return to the Australian bourse, through a deal with the Charlie Bass-backed Geopacific Resources. In a deal it said would give it access to a substantial land- holding in Cambodia, Geopacific announced plans for ...
http://au.news.yahoo.com/thewest/business/a/-/national/15760417/cambodia-lures-ex-adamus-executives/
PM to end missing link to Cambodia
Prime Minister Yingluck Shinawatra promised on Saturday to complete a missing rail link with Cambodia to foster closer ties with the neighbouring country. Ms Yingluck inspected the damaged tracks from Aranyaprathet district in Sa Kaeo to the border with Poipet in Cambodia and directed officials ...
http://www.bangkokpost.com/breakingnews/343138/yingluck-to-end-missing-link-to-cambodia
Adhoc Investigator Under Investigation for Inciting Protest
Officials in Ratanakkiri province are investigating the provincial coordinator for rights group Adhoc for incitement after he helped villagers organize a demonstration, ultimately canceled, against a Vietnamese rubber company in O’Yadaw district. Mr. [Chhay] Thy, [Adhoc’s Provincial Investigator] said yesterday that he met with about ...
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
Political bias alleged
Four families in Oddar Meanchey province’s Samrong town have filed a complaint with their commune hall, alleging that a military official and a village chief are trying to block them from receiving land titles because the families support the Cambodian National Rescue Party. The families and ...
http://www.phnompenhpost.com/national/political-bias-alleged
Unexploded mines found
Seven unexploded landmines were discovered last week by construction workers building a highway through Banteay Meanchey province, police said yesterday. The mines, which include an anti-tank mine and six Russian-made devices, were found buried in Thma Puok district, Banteay Chhmar commune, after heavy rains helped expose ...
Lieng Sarith
http://www.phnompenhpost.com/national/unexploded-mines-found
‘Landmark’ $100 million project gets under way
Hongkong Land broke ground on Friday on a $100 million mixed-use development project in Phnom Penh’s financial district. Called Landmark, the building by the Hong Kong-based property group will be on a 10,700-square metre site on Street 106 near the capital’s Freedom Park. “One of Hongkong Land’s ...
Hin Pisei
http://www.phnompenhpost.com/business/%E2%80%98landmark%E2%80%99-100-million-project-gets-under-way
Villagers protest alleged land grab
More than 150 families from Koh Kong’s Botum Sakor district were confronted by authorities when they staged a protest on Monday demanding compensation from agro-industrial giant Sinimexim Investment Co Ltd for bulldozing their plantation land. District Governor On Phearak said authorities had to intervene to uphold ...
Sen David
http://www.phnompenhpost.com/national/villagers-protest-alleged-land-grab
Summonsed seek delay
Scores of people in Preah Sihanouk province’s Kompong Seila district have asked the provincial court to delay proceedings in a case filed against them by three local businesspeople in September. The 88 people received summonses in September, but yesterday asked the court to postpone a hearing ...
May Titthara
http://www.phnompenhpost.com/national/summonsed-seek-delay
Pursat families ordered to move
Twenty-nine families living in Pursat province have been given less than a month’s notice to pack up their belongings and move off state forest grounds. Local authorities handed out the 30-day eviction order on Sunday, according to Chhorn Khorn, a resident living in Phnom Kravanh district’s ...
Pursat families ordered to move
http://www.phnompenhpost.com/national/pursat-families-ordered-move
Thais arrest 21 in border logging bust
In the latest series of arrests involving illegal logging on the Cambodian-Thai border, 21 Cambodians were picked up by Thai authorities on Friday while attempting to smuggle rosewood into Oddar Meanchey province, a rights group said yesterday. Srey Naren, provincial coordinator for rights groups Adhoc, ...
Phak Seangly
http://www.phnompenhpost.com/national/thais-arrest-21-border-logging-bust
Authority will not use forces to crackdown on protesters: Governor
Phnom Penh governor Pa Socheatvong said that authorities will not use forces to crack down on protesters. The governor met with Phnom Penh officials to clarify the government’s position on how to deal with protests led by Cambodia National Rescue Party (CNRP). Pa Socheatvong added the ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NWQ0YTM1MTYxZjQ
Cambodia’s coastal visits up
The number of foreign and local tourists who spent time in Cambodia’s coastal destinations increased in 2013, according to provincial officials in Preah Sihanouk, Kampot, Kep and Koh Kong provinces. Foreign visits swelled to 302,325, a 42 per cent rise compared with the same period ...
Chan Muy Hong
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-coastal-visits
Rights group sues ELC staff
Three rights monitors filed an attempted murder lawsuit against a Mondulkiri land concessionaire employee on Wednesday, after he violently denied them access to an area under investigation for forest crimes, Adhoc said yesterday. The stand-off comes on the heels of a second potentially violent confrontation ...
Phak Seangly
http://www.phnompenhpost.com/national/rights-group-sues-elc-staff
CNRP to gauge land dispute
Lawmakers-elect from the Cambodia National Rescue Party are scheduled today to visit families in Koh Kong province affected by a long-running land dispute with Union Development Group, just weeks after the company destroyed dozens of homes there. Rights groups say that Chinese-owned Union Development has burned ...
May Titthara
http://www.phnompenhpost.com/national/cnrp-gauge-land-dispute
AEC lures Thai rice millers to invest in Cambodia
Thai rice millers are lining up to build mills in Cambodia to cash in on imminent regional economic integration, with experts warning Cambodian rice is likely to flood Thailand. An industry source said several millers from Thailand’s central and northeastern regions are preparing to set up ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/401535/aec-lures-thai-rice-millers-to-invest-in-cambodia
ACU Says Police Chief Stole Money
The Anti-Corruption Unit revealed that a district police chief and his deputy in Kampot province who were arrested last week made more than $64,000 by embezzling money, taking bribes and stealing from his subordinates. Srun Lam, Banteay Meas district police chief, and his deputy, Mok Hort, ...
Kuch Naren
http://www.cambodiadaily.com/news/acu-says-police-chief-stole-money-54874/