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Work starts on two bridges in An Giang

Nhan Dan Online – The southern province of An Giang has begun construction of two bridges in Tan Chau town, as part of a bigger project linking two provincial roads with the Vinh Xuong border gate between Vietnam and Cambodia. ...

http://www.nhandan.com.vn/cmlink/nhandan-online/homepage/society/current/work-starts-on-two-bridges-in-an-giang-1.377604

Pregnancy terminated in bid to regain old job

A woman fired from the Conpress Holding garment factory last week said she terminated her pregnancy of three months on Sunday in a desperate bid to gain reinstatement for herself and three other workers fired last week for unionising. Huk Pov, Free Trade Union president ...

http://www.phnompenhpost.com/index.php/2012112059825/National-news/pregnancy-terminated-in-bid-to-regain-old-job.html

ADB Report Links Corruption, Political Culture in Cambodia

The government is beset with high-level corruption, a lack of transparency in public procurements, poor auditing practices and political interference in the country’s main anti-corruption body, a report produced by the Asian Development Bank (ADB) sent to the media yesterday states. In a 66-page report that ...

http://www.cambodiadaily.com/business/adb-links-corruption-political-culture-6525/

Rising tourism prompts ABA growth in Siem Reap

The Advanced Bank of Asia (ABA) is expanding its Siem Reap operations to take advantage of the growing tourism sector. The bank is moving out of its 160-square-metre Sivutha Street office into a 1,080-square-metre, three-level office across the road, and it is now one of the ...

http://www.phnompenhpost.com/index.php/2012121160202/Business/rising-tourism-prompts-aba-growth-in-siem-reap.html

Metfone operator forecasts $280 mln profit in 2012

Viettel (Cambodia) Co Ltd expects earnings to rise almost 10 percent to about $280 million in 2012, deputy chief Tran Le Phong said. The Vietnamese operator of the Metfone network expects to pay $60 million in taxes this year, up from $52 million last year ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZDYxNTg4YjZhM2U2OTJjYzgwOWE3OTE4OWMzMzI5

Bank Accounts Rare in Cambodia, Even for Rich

Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. According to the paper – released earlier this month ...

http://www.cambodiadaily.com/business/bank-accounts-rare-in-cambodia-even-for-rich-6957/

Locals in the Dark to Chinese Rail Project

With two Chinese firms due to start work on a 400-km railway, steel mill and port in July, an environmental impact assessment (EIA) has yet to be conducted, and affected provinces are still largely in the dark about the massive infrastructure project. In a ceremony in ...

http://www.cambodiadaily.com/business/locals-in-the-dark-to-chinese-rail-project-7128/

Inside the North Korean museum in Siem Reap

For more than a year, mystery has shrouded a museum in Siem Reap. The facts have been few and the details sparse. What’s known is that a North Korean company invested about $10 million for construction, and that artists from the hermit kingdom flew in ...

http://www.phnompenhpost.com/2013010260590/National/inside-the-north-korean-museum-in-siem-reap.html

Jarai File Complaint Over Firm Filling In Lake

Etnhic Jarai families living in Ratanakkiri province’s Kakeo district yesterday filed a complaint with the provincial court, accusing a Vietnamese rubber company of clearing their ancestral land and filling in a lake they use for fishing and irrigation. Local officials say the company intends to ...

http://www.cambodiadaily.com

Private residential property in Cambodia attracting foreign investors

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html

Cambodia Sees Massive Foreign Investment Growth in 2012

Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...

http://www.cambodiadaily.com

Cambodia forecasts 4 mln foreign tourists in 2013

Cambodia is predicted to greet 4 million foreign visitors this year, an expected 12 percent rise year-on-year, Tourism Minister Thong Khon said Monday. “Last year, we received 3.58 million foreign tourists, up 24 percent year-on-year, and generated total revenue of about 2.2 billion U.S. dollars,” he ...

http://news.xinhuanet.com/english/travel/2013-02/18/c_132176370.htm

General Accused of Smuggling $1M In Goods

Military police in Preah Sihanouk province said yesterday that they impounded four trucks carrying retail goods worth about $1 million that a lieutenant general in the Royal Cambodian Armed Forces had imported from Thailand without paying tax duty. The unpaid import duty amounted to about ...

http://www.cambodiadaily.com

Chinese Firms Foresee Industrial Hub in Preah Vihear

Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

Bokor Resort Helps Attract More Tourists In Kampot

Bokor Mountain: The Bokor resort located on the top of Bokor mount in Kampot, on May 3rd, was inaugurated as the government believes it capable of propelling the local economy into greater growth. The project includes three asphalt roads of a total 49 krn along with the five-star Thansur (heaven) Bokor Highland Resort, which ...

http://thesoutheastasiaweekly.com/

Koh Kong Court Summons Journalists in Shooting Case

Two journalists from the Cambodia Daily newspaper have been called to appear in the shooting case of activist Chut Wutty last month. Chut Wutty had been escorting the two journalists, Cambodian Phorn Bopha and Canadian Olesia Plokhii, to investigate illegal logging ...

http://www.voanews.com/khmer-english/news/Koh-Kong-Court-Summons-Journalists-in-Shooting-Case-150628035.html

Future of Gold Tower 42 in Arbitration Court

The owner of the $240 million Gold Tower 42 project in Phnom Penh has entered into arbitration with the project’s builder, in a bid to get work started again after construction halted on the project in September 2010 due to poor unit sales and cost ...

Police Begin Dismantling Mondolkiri Village Involved in Dispute

As the eviction deadline looms for residents of a Mondolkiri village embroiled in a land dispute with a Vietnamese-owned rubber plantation, police have begun to dismantle vacant homes in the village, an official and a villager said yesterday. Sin Seng, 43, a resident of the remote ...

Wait Out Elections, Firm in Land Dispute Told

Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday. KDC, which is owned by Minister of Industry, Mines and Energy Suy ...

91 NGOs Condemn Gov't Violence in Statement

Ninety-one NGOs put their names to a statement yesterday condemning the government’s escalating use of armed force against peaceful protesters and urged the authorities to engage with them to “break the current cycle of violence and impunity.” Joined by local human rights groups such as Adhoc ...

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