Powerless Phnom Penh Struggles With Hot Season
As air-conditioning units slow to a halt, computers die and the lights go out, the frustration of local business owners and organizations in Phnom Penh is boiling over once again as the annual hot season blackouts have arrived. The 190-megawatt, Chinese-built Kamchay hydropower dam in ...
http://www.cambodiadaily.com/news/powerless-phnom-penh-struggles-with-hot-season-15655/
Mfone’s Licence Revoked; Staff Terminated
The Ministry of Post and Telecommunications has revoked the operating licence of bankrupt phone operator Mfone, which went out of business two months ago, while more than 1,000 employees had their jobs officially terminated yesterday. The revocation of the licence and the mass dismissal of the ...
http://www.cambodiadaily.com/business/mfones-license-revoked-staff-terminated-16474/
Demand for cheap rentals outnumbers supply
The boom in high-rise buildings in Phnom Penh indicates the robust economic growth of the Kingdom, but this trend does not include the lower-end accommodation where most economic migrants to Phnom Penh rent.“Cheap rental accommodation plays a crucial role in providing appropriate settlements to those ...
Sam Sopanharith
http://www.phnompenhpost.com/real-estate/demand-cheap-rentals-outnumbers-supply
Former Manager Admits Stealing $2.3M From Canadia Bank
The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth Sopheaktra, 30, to ...
Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Electric car is still on the charger
What happened to Cambodia’s electric car? The short answer is, the wait continues. More than seven months after its owners unveiled the new and improved Angkor EV 2013 to great fanfare, they are chronically short of funding and assembly is taking place in piecemeal fashion. Seang Chan ...
http://www.phnompenhpost.com/business/electric-car-still-charger
Newspaper threatened over child labour story
A Thai-owned sugar company has threatened legal action against a newspaper that ran a story and video depicting the use of child labour at its Koh Kong province plantation, but advocates on the ground there say the children are indeed used as employees. The Bangkok Post yesterday reported ...
Sean Teehan and Cheang Sokha
http://www.phnompenhpost.com/national/newspaper-threatened-over-child-labour-story
Feature: Slum dwellers in Cambodian capital want to benefit from development
Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the ...
http://news.xinhuanet.com/english/world/2013-08/18/c_132641165.htm
Power couple linked to Sinohydro project
Two of the country’s most powerful and politically connected business owners are on the board of governors of the company thought to have brokered a controversial deal between the world’s largest hydropower developer and the Cambodian government, documents obtained by the Post show. Cambodian People’s Party ...
Daniel Pye
http://www.phnompenhpost.com/national/power-couple-linked-sinohydro-project
Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
To stop leaks, exam papers to be given to only one teacher
Copies of grade 12 examination papers will only be provided to a single teacher for each subject this year in order to identify the source of leaks, said Education Minister Hang Chuon Naron during a speech on Saturday. Mr. Naron, speaking at the American University of ...
Ben Sokhean
http://www.cambodiadaily.com/news/to-stop-leaks-exam-papers-to-be-given-to-only-one-teacher-59555/
Government audit five years late, lacking
More than five years after the close of the 2008 fiscal year, the National Audit Authority (NAA) on Thursday released its audit into the government’s financial management in 2008. The 38-page report is only the third such audit carried out since the department opened in 2000 ...
Hul Reaksmey
http://www.cambodiadaily.com/news/government-audit-five-years-late-lacking-57355/
Villagers Sued for Property Damage by Company
Four villagers locked in a land dispute with an agribusiness firm in Banteay Meanchey province said Tuesday that they had been summonsed to the provincial court over a property damage lawsuit filed by the company. The suit was originally filed last year, but villagers said they ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-sued-for-property-damage-by-company-51458/
Organic vegetable demand growing
On a farm in Kampong Speu province, Erm Rim is talking to a small crowd of consumers and journalists, explaining the process of growing vegetables using only natural resources. Rim talks on the sidelines of a consumer field trip organised by the Cambodian Center for ...
http://www.phnompenhpost.com/2013032764708/Inside-Business/organic-vegetable-demand-growing.html
Wife of Pailin Governor Reaps Benefits From Casino Deal
Venturing into Cambodia’s casino market in May 2011, Macau-backed gambling firm Entertainment Gaming Asia (EGA) promised tens of thousands of dollars to the wife of Pailin’s provincial governor in order to lease land for the construction of a new casino, documents filed with the U.S. ...
Simon Lewis and Hul Reaksmey
http://www.cambodiadaily.com/news/wife-of-pailin-governor-reaps-benefits-from-casino-deal-40660/
Microsoft's Super Wi-Fi could change game
A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...
Hun Sen Says CPP Largess Will End If Election is Lost
Less than five months from the national elections, Prime Minister Huns Sen yesterday warned the public that his ruling CPP party would stop making charitable donations towards infrastructure and national development if the party is not re-elected. Speaking at the inauguration of a Chinese-funded expansion of ...
http://www.cambodiadaily.com/news/hun-sen-says-cpp-largess-will-end-if-election-is-lost-12645/
Opposition Asks Donors to Stop Work With Government
Lawmakers from the opposition SRP and Human Rights Party who were expelled from Parliament earlier this month have called on the foreign diplomatic corps and international donors to stop signing agreements and conducting other business with the government of Prime Minister Hun Sen. In a letter ...
http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/
‘Power cuts just a transitional problem’
Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak, director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is ...
http://www.phnompenhpost.com/2013051065532/Business/power-cuts-just-a-transitional-problem.html
Australia Admits Cambodia Postponed Military Cooperation
Cambodia has delayed two of its military cooperation programs with Australia, the Australian Defense Department said Thursday, after it emerged this week that U.S.-backed programs had also been postponed following the July 28 national election. Dave Gordge, first secretary and deputy head of mission at the ...
http://www.cambodiadaily.com/news/australia-admits-cambodia-postponed-military-cooperation-39885/