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New Draft Law Could Legalize Land Grabbing

A law on the management of farmland currently being drafted by the Ministry of Agriculture is a threat to private landowners as it imposes criminal penalties for farmers who do not abide by new powers the government would have to demarcate land, a human rights ...

Thailand Dam Deal Spurs Court Complaint from Thai Villagers

Villagers belonging to a Thai activist group filed a complaint to Thailand’s Administrative Court yesterday for the cancellation of an agreement form the country’s Electricity Generating Authority of Thailand to buy power from a controversial mainstream Mekong dam in Laos, an NGO representative said yesterday. “According ...

Vehicle Imports up 45 pct in first half

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

http://www.phnompenhpost.com/index.php/2012081057918/Business/vehicle-imports-up-45-pct-in-first-half.html

Cambodian miner Khmer Resources plans to tap Hong Kong capital market

Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said. “We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the ...

http://www.scmp.com/business/commodities/article/1130588/cambodian-miner-khmer-resources-plans-tap-hong-kong-capital

Water Supply Begins to Return to Sihanoukville

Anco Water Supply, a private company that is supplying Sihanoukville with access to fresh water has alleviated a water shortage that began when a state-owned reservoir dried up more than a week ago. Preah Sihanouk provincial governor Sbuon Sarath said that running water had been restored ...

http://www.cambodiadaily.com

Cambodia’s city port reports 34 pct rise in cargo shipment in Q1

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

http://www.nzweek.com/business/cambodias-city-port-reports-34-pct-rise-in-cargo-shipment-in-q1-59160/

Cambodia Far From Intellectual Property Targets

Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...

http://www.cambodiadaily.com/business/cambodia-far-from-intellectual-property-targets-26805/

Hun Sen Says Water, Power Shortages to Stay

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/

Critics Say Hun Sen’s Land Title Program Is Biased

A controversial land titling program set up by Prime Minister Hun Sen has been suspended ahead of the July 28 elections, but critics say the program should not be restarted. The titling program itself began in December 2012 and is expected to end after elections scheduled ...

http://www.voacambodia.com/content/article/1696081.html

EDC promises more power

The recent power shortages have left residents of Phnom Penh out in the heat and dark, but amidst their mounting frustration, state-owned energy supplier Electricite du Cambodge (EDC) has announced it will be purchasing more power from Thailand to address the shortfall. Keo Rattanak, director-general of ...

http://www.phnompenhpost.com/2013032964781/National/edc-promises-more-power.html

Parties slug it out in rare TV debate

Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...

http://www.phnompenhpost.com/national/parties-slug-it-out-rare-tv-debate

New Cafe to Enter Growing Cambodian Market

Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...

http://www.cambodiadaily.com/business/new-cafe-to-enter-growing-cambodian-market-36434/

Chamber wants new tax laws

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws

Shuttered schools, factories

With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...

Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories

Monitor, GMAC at odds over plan

The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/monitor-gmac-odds-over-plan

Cambodia’s Opposition Calls for Halt to Foreign Investment, Loans

Prime Minister Hun Sen’s government as the two sides remained stalled in talks in a deadlock over disputed national elections. The opposition Cambodia National Rescue Party (CNRP) said in a public statement that it could not guarantee that any agreements made with Hun Sen’s ruling Cambodian ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/investment-10292013173412.html

Opposition Official in US in Hopes of Breaking Deadlock

Opposition vice president Kem Sokha, who is facing court charges in Cambodia, is currently in the United States, hoping to find support for his party and a way to break Cambodia’s political stalemate. Kem Sokha is in the US to speak to supporters, as well ...

Sok Khemara
http://www.voacambodia.com/content/opposition-official-in-us-in-hopes-of-breaking-deadlock/1804395.html

Ethnic minorities to receive bilingual education: gov’t

The government affirmed its commitment to bilingual education for ethnic minority children in Cambodia’s northern provinces at a UNESCO conference in Bangkok last week. Speaking at the fourth International Conference on Language and Education: Multilingual Education for all in Asia and the Pacific, Ton Sa Im, ...

Emily Wight
http://www.phnompenhpost.com/lifestyle/ethnic-minorities-receive-bilingual-education-gov%E2%80%99t

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

Cambodian economy expected to remain buoyant: ADB

Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131002/cambodian-economy-expected-remain-buoyant-adb

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