US investors cite corruption as major issue
Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...
Simon Henderson
http://www.cambodiadaily.com/business/us-investors-cite-corruption-as-major-issue-40520/
BIDV to open in Phnom Penh
A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday. The new branch is also expected to meet local demand and boost the development of trade and investment ties between ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTY2YzNlODE3YTk
Battambang moves to establish first Pub Street
To attract tourism and make Battambang province more appealing as a nightlife destination, provincial authorities are preparing to follow the way of Siem Reap and lay the groundwork for a Pub Street ahead of the Khmer New Year. The deputy governor of Battambang, Ngon Ratthanak, says ...
Siv Meng
http://www.phnompenhpost.com/real-estate/battambang-moves-establish-first-pub-street
Bridge SoHo launch receives warm reception
Sales of the SOHO (small office and home office) component of The Bridge condominium project, which will have 54 floors and will be built with an investment of $300 million, officially launched last week. Sear Rithy, director of World Bridge Land, said he was proud and ...
Hin Pisei
http://www.phnompenhpost.com/real-estate/bridge-soho-launch-receives-warm-reception
Mega First boosts spending on Lao dam, Cambodian rubber project
Malaysia’s Mega First Corp Bhd says it increased spending on a controversial dam project in Laos and a new rubber project in Cambodia by 45 percent to MYR 50.4 million ($15.7 million) in 2013. Project development expenditure on the Don Sahong dam on the Cambodian border ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MmI4Yzk4ZDQ4MjA
Parties to meet for ‘final talks’ on basis of 2018 election
Opposition leader Sam Rainsy announced on his Facebook page late last night that the CNRP has accepted a February 2018 national election in exchange for a new electoral commission and that “final talks” to end the political crisis will take place at 9 a.m. on ...
Alex Willemyns and Mech Dara
http://www.cambodiadaily.com/news/parties-to-meet-for-final-talks-on basis-of-2018-election-64514/
Opening bridge, Hun Sen reflects on city’s growth
Prime Minister Hun Sen used the unveiling of the Stung Meanchey overpass in Phnom Penh Thursday morning to praise his government’s development of the capital and to warn the city’s poor not to take up residence under the new $19-million bridge. Mr. Hun Sen also used ...
Hul Reaksmey
http://www.cambodiadaily.com/news/opening-bridge-hun-sen-reflects-on-citys-growth-65492/
Cambodian workers to be hardest-hit victims of wage unrest
Cambodian workers will be the ultimate victims if minority and violent unions continue to put the garment and shoe industries under the state of uncertainty and unpredictability by continuing to demand for further wage hikes that the industry cannot afford, an employers’ association said in ...
The Daily Star News Staff
http://www.thedailystar.net/business/cambodian-workers-to-be-hardest-hit-victims-of-wage-unrest-13761
Bitcoin enthusiast eyes Cambodia
Local entrepreneur Ki Chong Tran believes he has the solution to many of Cambodia’s problems. On March 1, Tran submitted what he described as a “long-held weight off his chest” – a six-page proposal to the New York-based Bitcoin Foundation outlining all the ways the ...
Eddie Morton
http://www.phnompenhpost.com/business/bitcoin-enthusiast-eyes-cambodia
A way of life falls with trees
The Phnong ethnic minority in Mondulkiri province have heard the promises of development before. With increasing investment and the selling off of the region’s forests will come new roads and schools, they are told. But people in this ancient community, tired of seeing their sacred forests handed ...
May Titthara
http://www.phnompenhpost.com/national/way-life-falls-trees
Government pushes ahead with study of Koh Kong dam
The minister of mines and energy on Monday said a new private-public working group will study the impacts of a proposed hydropower dam in Koh Kong opposed by hundreds of resident ethnic minority families and find them an adequate resettlement site. A Cambodian consultancy, SBK Research ...
Khuon Narim
http://www.cambodiadaily.com/news/government-pushes-ahead-with-study-of-koh-kong-dam-61047/
Nine karaoke parlors closed after clash
Nine karaoke parlors in Pur Senchey district were closed indefinitely Monday after an early morning clash between employees of the clubs, district governor Hem Darith said. Mr. Darith said a large group of men working for the different clubs got into a violent scuffle using rocks, ...
Hay Pisey
http://www.cambodiadaily.com/news/nine-karaoke-parlors-closed-after-clash-62227/
NEC Calls for Council Election Candidates
The National Election Committee (NEC) on Tuesday called on political parties to send in lists of proposed candidates who wish to be considered in the upcoming municipal, provincial, city and district council elections, which are scheduled for May 18. NEC President Im Suosdey said at a ...
Hul Reaksmey
http://www.cambodiadaily.com/news/nec-calls-for-council-election-candidates-51993/
Unions to lead holiday strike
When is a strike not a strike? That’s a question being asked after union leaders yesterday announced they will inform garment factory owners that their members want to use annual leave days to wage their stay-at-home strike the week after Khmer New Year. The leaders of eight ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/unions-lead-holiday-strike
Cambodia’s PM, Opposition Leader Agree on Reform to Electoral Body: Lawmaker
Cambodia’s Prime Minister Hun Sen and opposition leader Sam Rainsy have agreed on procedures for appointing new members to the country’s electoral body during their first talks in seven months aimed at breaking a political deadlock following disputed polls last year, a lawmaker said Wednesday. The ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/reform-04092014184057.html
Russian debt emerges as billion-dollar question
An unsettled, decades-old $1.5 billion loan from the then-Soviet Union to Cambodia’s Vietnam-backed 1980s government emerged as the key talking point during a meeting between Foreign Minister Hor Namhong and Russia’s new ambassador to Cambodia yesterday, a ministry spokesman said. The meeting between Namhong and Russian ...
May Kunmakara
http://www.phnompenhpost.com/national/russian-debt-emerges-billion-dollar-question
Construction raking in cash
Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...
May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash
Future of Displaced Kratie Farmers Still Unclear
Representatives of the 301 families granted a social land concession in Kratie province to resolve a long-running land dispute said Sunday that they filed a report with authorities on Saturday detailing the new families that have since gathered with them in the hope of also ...
Aun Pheap
http://www.cambodiadaily.com/news/future-of-displaced-kratie-farmers-still-unclear-61455/
Water plan for schools on tap
At nearly half of the Kingdom’s primary schools, students have to make a daily choice between drinking contaminated water or going thirsty, a dilemma the government hopes to soon banish with new minimum sanitation and safe water standards. The guidelines, which have yet to be finalised ...
Laignee Barron
http://www.phnompenhpost.com/national/water-plan-schools-tap
NGO says legal action over land disputes on the rise
The number of people charged in land disputes across the country so far this year has already surpassed the number of charges in all of 2013 in what rights group Adhoc on Tuesday called an “alarming” increase in legal action against those wrapped up in ...
Aun Pheap
http://www.cambodiadaily.com/news/ngo-says-legal-action-over-land-disputes-on-the-rise-66873/