Newbill meets Chamroeun
US embassy Deputy Chief of Mission Michael Newbill met with Preah Sihanouk provincial governor Kuoch Chamroeun on Wednesday to strengthen cooperation as the US wants to bring investors to the province. ...
Khorn Savi
https://www.phnompenhpost.com/national/newbill-meets-chamroeun
Money launderer’s dream
Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FatF) – the top international anti-money laundering and ...
Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream
Better infrastructure needed for trade: study
Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/better-infrastructure-needed-trade-study
Thais increase migrant wages
The Thai Labor Ministry has increased the minimum wage for Cambodian migrant workers since the start of the year, however civil society officials say there are both pros and cons to the salary increase.A notice published yesterday and signed by Labor Minister Ith Samheng, who ...
Mom Kunthear
http://www.khmertimeskh.com/news/36474/thais-increase-migrant-wages/
Nearly 50 civil society groups back activists
In a joint statement, 48 civil society organizations have urged the Appeal Court to overturn a ruling by the Koh Kong Provincial Court in a case against three Mother Nature activists. The statement says the three activists are not criminals,but brave environmental protectors who had contributed ...
Taing Vida
http://www.khmertimeskh.com/news/34920/nearly-50-civil-society-groups-back-activists/
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx
Coal-fired power plant to come online in S’ville this month
A 135-megawatt coal-fired power plant will start producing energy this month in the coastal province of Preah Sihanouk, according to a high-ranking energy official. The plant is seen as an important element in the government’s strategy to deal with the current energy shortage. ...
Chea Vannak
https://www.khmertimeskh.com/50666710/coal-fired-power-plant-to-come-online-in-sville-this-month/
Customs to get easier for certified firms
Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...
Report Urges Better Factories to do more
Better Factories Cambodia must name and shame garment factories that abuse the labour law if it is to transform Cambodia into an ethical sourcing option, a report on the International Labor Organization initiative says. Better Factories should make monitoring reports public, according to the 10 Years ...
Luxury Hotel Resort Threatens Bokor Mountain's Biodiversity
An ongoing project to build hotels, luxury villas and a casino on Kampot province’s Bokor Mountain is a threat to the area’s unique animal and plant species, according to two new studies. Local conglomerate Sokimex Group has been granted property development rights on the entire mountain, ...
Villagers facing re-eviction
Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...
Group awaits eviction No. 2
Families in the capital’s Por Sen Chey district face a tense morning as they prepare for the familiar sound of authorities moving in to evict them. Nineteen families in Andong village were told in a letter from district authorities that today was the deadline for them ...
http://www.phnompenhpost.com/index.php/2012100359062/National-news/group-awaits-eviction-no-2.html
Hun Sen Questions Motive Behind Criticism
Prime Minister Hun Sen again addressed recent criticism from [Surya Subedi] the U.N.’s human rights envoy to Cambodia , during a speech yesterday in Bateay Meanchey province that focused on land disputes. Mr. Hun Sen was speaking in Thma Puok district’s Banteay Chhmar commune, where he ...
Factory workers complain over low wages
Factory workers complain that their low salaries are not keeping track with the price of goods and services. Phoeun Sreyleak, 20, said she gets $70 a month including bonuses for health care and rent. “My basic wage is only $58,” she said. “My friend gets 2,000 riel ...
Hundreds Stopped in Attempt to Curb Illegal Logging on Border
Hundreds of would-be illegal loggers have been stopped this year by provincial authorities in Preah Vihear, Oddar Meanchey and Banteay Meanchey who have stopped them from crossing the border into Thailand, where Thai soldiers have killed 17 Cambodians so far this year. In Preah Vihear alone, ...
ANZ may sell Asia bank stakes due to stringent capital rules
Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ bank will meet the ...
http://uk.reuters.com/article/2012/08/15/us-anz-asia-idUKBRE87E04L20120815
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Cassava farmers rely on Thai seed imports
Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...
http://www.phnompenhpost.com/2013061766299/Business/cassava-farmers-rely-on-thai-seed-imports.html
Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months
The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...
http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm
Land complaint filed
Four Preah Vihear villagers filed a complaint with rights group Adhoc yesterday, requesting help in gaining permission to farm 93 hectares of land the Provincial Forestry Administration barred them from last year. The four complainants represent 65 families who have farmed the area in Kolen district ...