Suspended funds stymie e-commerce law
The drafting of a law on e-commerce that would regulate electronic transfers in Cambodia has been postponed because the World Bank has suspended funds over the government’s handling of land evictions in Phnom Penh. In September, Commerce Minister Cham Prasidh said that the government should aim ...
2011 rubber prices surge 132 per cent on demand
Cambodia’s 2011 rubber exports and export prices grew by 5.5 per cent and 131 per cent respectively, according to data from the Ministry of Commerce obtained by the Post. The data shows rubber exports last year totalled 46,727 tonnes, compared to 30,040 tonnes in 2010. Export ...
Dwindling water supplies put dry-season rice haul in danger
Dry-season rice farmers in some areas west of the Tonle Sap River and in eastern provinces are appealing to the government for help as the reservoirs they rely on for irrigation are drying up faster than usual, farmers and officials said yesterday. officials at the ministries ...
High Prices of Privatized Water in Prey Veng Lead to Protests
More than 1,000 villagers in Prey Veng city took to the streets in protest yesterday morning after a company that recently took control of the state-run water supply raised prices by 50 percent, from 1,200 riel, or $0.30, to $1,800 riel, according to residents and ...
Small pig farmers edged out
Cambodia’s small family-run pig farming businesses seem to be roughing it out in an unpredictable market with fluctuating pork prices while facing stiff competition from the illegal flood of cheap imported live pigs from neighboring countries. To add salt to their wounds, the high price ...
Sok Chan
http://www.khmertimeskh.com/news/28905/small-pig-farmers-edged-out/
Riel fund transfers to expand under FAST system
Two weeks since the central bank launched its FAST system, which provides instant riel-denominated fund transfers between banking institutions, operations are running smoothly, with usage of the new electronic payment system expected to pick up as it integrates more customers. ...
Kali Kotoski
http://www.phnompenhpost.com/business/riel-fund-transfers-expand-under-fast-system
Timor's help in draft oil law
Timor-Leste’s fledgling economy depends on oil and gas production and Cambodia is seeking assistance from Asia’s youngest nation to help develop its draft petroleum law which is expected to be adopted into legislation by the Council of Ministers next year. ...
May Kunmakara
http://www.khmertimeskh.com/news/27533/timor-s-help-in-draft-oil-law/
Ministry plans Xayaburi trip
Cambodia has been asked to send a delegation to the site of the proposed Xayaburi hydro-electric dam in northern Laos, Minister of Water Resources and Meteorology Lim Kean Hor said yesterday. Kean Hor, who is also chairman of Cambodia’s National Mekong Committee, said the equivalent body ...
Construction site mishap injures four
Four construction workers were injured, two seriously, when a wall dividing their building site from a school collapsed on them yesterday, police said, the latest in a string of mishaps in Cambodia’s burgeoning construction industry. The brick wall, between the site of an apartment complex being ...
Cambodian migrant workers send US$360 million home a year
Cambodian migrant workers in Thailand, Japan, Malaysia and Korea have sent home an average of US$360 million a year in remittances, according to Seng Sakada, general director of Ministry of Labor and Vocational Training. Overseas Cambodian migrants mainly work in the fields of housework, construction, factories ...
Extraction ahead of schedule
Mesco Gold has established drilling and exploration resources at the Phum Syrang prospect in Ratanakkiri province, targeting extraction by late 2014, three to six months ahead of schedule, according to a statement released by Angkor Gold, which holds the land concession. The statement said Mesco had ...
http://www.phnompenhpost.com/2013030861824/Business/extraction-ahead-of-schedule.html
Cambodia, US Strengthen bilateral ties
Cambodia and the United States on Friday reconfirmed the good bilateral ties as president Barack Obama plans to visit Cambodia in November and this year, Cambodia chairs ASEAN. The two sides welcomed the improved ties between Cambodia and America, Koy Kuong, spokesman at the Ministry of Foreign Affairs and International Cooperation said ...
Fixed-line internet providers see growth
Despite the spread of web-enabled smartphones and tablets in Cambodia, internet service providers expected the number of fixed-line applications to grow, two industry insiders said yesterday. “With the advent of tablets and faster smartphones, it’s inevitable that people will use their devices more and more for ...
http://www.phnompenhpost.com/2013010760646/Business/fixed-line-internet-providers-see-growth.html
Three more populations of Indochinese hog deer found in Cambodia
Fauna and Flora International says its has found three previously unknown populations of the endangered Indochinese hog deer in Cambodia. “This is a remarkable discovery given not only the species’ vulnerability to hunting, but also because all of the sites were outside the existing protected area ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YzRmOWQ0M2JiNzU
Canada to provide $2.2 mln for climate change projects in Cambodia
The Canadian government has announced that they will provide $2.2 million through the Canadian International Development Agency (CIDA) to Cambodia to help fund climate change adaptation projects within the country. ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OTU1NDBkNmRkZjQ
ACU says tainted health officials were never investigated
An official with the government’s Anti-Corruption Unit (ACU) said Tuesday that staff there were specifically instructed not to investigate allegations of large-scale bribery inside the Health Ministry so that the unit could settle the case out of court. On Sunday, ACU chief Om Yentieng told reporters ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/acu-says-tainted-health-officials-were-never-investigated-54909/
New Chroy Changva Bridge enters final stage
The two sides of the Second Chroy Changva Bridge were connected Wednesday in a ceremony presided over by Transport Minister Tram Iv Tek. He said the Chinese-funded bridge would be completed by September. “The bridge was projected to cost $27.5 million to be spent on construction ...
Aun Pheap
http://www.cambodiadaily.com/news/new-chroy-changva-bridge-enters-final-stage-56294/
Lead-up to poll saw SLCs spike
Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. and going by the numbers last year, it worked. But in the vacuum, according to local rights ...
May Titthara
http://www.phnompenhpost.com/national/lead-poll-saw-slcs-spike
Phnom Penh City Hall warns of arrests over Vietnam protest
City Hall on Friday threatened up to 15 years in prison for students planning a protest in front of the Vietnamese Embassy over comments made in June by an embassy official that the Kampuchea Krom region belonged to Vietnam long before it officially became part ...
Sek Odom
http://www.cambodiadaily.com/news/phnom-penh-city-hall-warns-of-arrests-over-vietnam-protest-64496/
Cambodia, ILO jointly launch job services, labor market information project with Chinese aid
Cambodia and the International Labor Organization (ILO) on Thursday launched a new project to expand job services and improve labor market information with funding from China, according to an ILO media statement. The ILO/China South-South Cooperation Project to Expand Employment Services and Enhance Labor Market Information ...
Global Times News Staff
http://www.globaltimes.cn/content/837853.shtml#.UtiSiRCSxqU