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Spike in Mekong River Fishing Could Harm Dolphins

There has been an ioncrease in fishing activity in the dolphin conservation zones along the Mekong River in Kratie and Stung Treng provinces, putting pressure on the critically endangered Mekong dolphin population, the chairman of the Commission for Mekong River Dolphin Conservation and Eco-tourism Development said yesterday. Touch ...

More Than 30 Garment Workers Faint in Factory

More than 30 garment workers fainted at H&L Apparel in Pur Senchey district’s Kakab commune, management at the factory said. “There were 32 workers who fainted, one of the was male, and we too them to Preak Kossomak Hospital yesterday afternoon,” factory administrator Phen Bora said. Mr. Bora ...

Southeast Asia smartphone growth: 78% in 12 months

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/

R'Kiri duo charged in death of reporter

A Ratanakkiri provincial court has charged a married couple with premeditated murder in the grisly killing of Vorakchun Khmer newspaper reporter Hang Serei Oudom, whose body was found axed to death in the back of a car last week. The suspects, An Bunheng and his wife, ...

http://www.phnompenhpost.com/index.php/2012091758733/National-news/ratanakkiri-duo-charged-in-death-of-reporter.html

Rubber up $100 a tonne in a week

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html

Citibank (NYSE:C) sees business opportunities in Cambodia

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm

Banking Sector Sees Growth in First 9 Months

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Japanese Investment in Cambodia Grows, but Hurdles Remain

Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...

http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/

Innovation essential for Cambodia’s place in AEC

An official at the Ministry of Industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, ...

http://www.phnompenhpost.com/index.php/2012112259885/Business/innovation-essential-for-cambodias-place-in-aec.html

Cambodia inaugurates China-funded road in eastern part

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

http://Editor: Tang Danlu

Joint visa for Thailand and Cambodia in limbo

Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...

http://www.phnompenhpost.com/index.php/2012112259881/National-news/joint-visa-for-thailand-and-cambodia-in-limbo.html

Shift in CNRP's political strategy to win elections

The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...

http://www.phnompenhpost.com/index.php/2012120460080/National-news/shift-in-cnrps-political-strategy-to-win-elections.html

Royal Group to Take Stake in Mining Project

A mining company listed on the Australian Securities Exchange has announced a plan to pay $14 million for a license to explore for copper in Preah Vihear province, in a deal involving local conglomerate Royal Group. In an announcement to the bourse last Thurday, Geopacific Resource ...

http://www.cambodiadaily.com

Labor Dispute Cases Rise in Garment, Footwear Industry

The Arbitration Council heard about 230 collective labor disputes in the garment and footwear industry involving approximately 98,000 workers in 2012, a 38 percent increase from 2011, which saw 161 cases handled, according to the council. Y Samphy, training and communications manager for the council’s Arbitration ...

http://www.cambodiadaily.com

Hundreds of strikers block road in Phnom Penh

More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...

http://www.phnompenhpost.com/2013012560974/National/hundreds-of-strikers-block-road-in-phnom-penh.html

Oil prices hit all-time high in Cambodia

Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...

http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm

2012 Sees Jump in Land Disputes and Grants

Economic land concessions remain a major concern, with more than 230 people arrested in 2012, an increase of more than 150 percent from the year before, according to an annual report by the rights group Adhoc. That means land conflicts have increased, Thun Saray, president ...

http://www.voacambodia.com/content/two-thousand-two-land-dispute-jump/1604014.html

Mobile Operator Beeline Reports Large Drop in Subscribers

The number of subscribers to the mobile operator Beeline plummeted by more than 400,000 in the fourth quarter of last year—the single-largest drop for the carrier since it entered the Cambodian market in mid-2009—while the average revenue per user (ARPU) increased slightly, the company’s quarterly ...

http://www.cambodiadaily.com/business/mobile-operator-beeline-reports-large-drop-in-subscribers-12934/

Strikes break out in wake of wage policy

Two strikes have broken out at large processing companies in the past week as employers respond to the government’s minimum wage policy with what workers say are cutbacks in conditions. Almost all the 800 Cambodian workers who staged industrial action at a seafood company in Songkhla ...

http://www.bangkokpost.com/news/local/288647/strikes-break-out-in-wake-of-wage-policy

PPWSA up again, with retail buyers moving in

The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...

http://www.phnompenhpost.com/index.php/2012042055667/Business/ppwsa-up-again-with-retail-buyers-moving-in.html

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