E. Sun plans to purchase stake in Cambodian bank
E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...
http://www.taipeitimes.com/News/biz/archives/2013/03/23/2003557740
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
Police beat Borei Keila activists blocking road
Yet another clash between protesters and police resulted in at least three women being knocked unconscious in the capital yesterday. A Post reporter saw police punch and use batons to quell protesters after a group of about 250 people, including many from the Borei Keila community ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/police-beat-borei-keila-activists-blocking-road
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
ILO doubts bleak garment outlook
The International Labour Organization (ILO) yesterday cast doubt on the Garment Manufacturers Association in Cambodia’s (GMAC) bleak outlook for the rest of 2014, after the association claimed that deadly violence sparked by wage disputes would result in clothing brands reducing future orders. Speaking from Bangkok, Maurizio ...
Daniel de Carteret
http://www.phnompenhpost.com/business/ilo-doubts-bleak-garment-outlook
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/
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458
Floating village decamps over fish deaths
Fishermen who have lived off the Tonle Sap river in Phnom Penh’s Russey Keo district for generations were forced upstream recently after hundreds of dead fish mysteriously appeared in local waters. The 29 families who live on houseboats from which they cast their traps started moving ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/floating-village-decamps-over-fish-deaths
Flooding blamed on builder
A Sihanoukville construction project isn’t pulling out all the stops so much as plugging all the drains, leaving neighbouring residents to stew in murky floodwaters, villagers say. Last month, while levelling out the 20-hectare plot, construction workers dumped dirt in front of two large drainage pipes, ...
Sen David
http://www.phnompenhpost.com/national/flooding-blamed-builder
Mondulkiri police question Adhoc
Three rights monitors were called in for questioning by Mondulkiri provincial police after they filed an attempted murder lawsuit against a land concessionaire employee last week, claiming they were violently denied access to an area under investigation for forest crimes, Adhoc said yesterday. Adhoc provincial coordinator ...
Phak Seangly
http://www.phnompenhpost.com/national/mondulkiri-police-question-adhoc