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Not all app stores online

Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...

http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html

Rare hardwood sparks gunfights, corruption in Asia

KOH KONG, CAMBODIA — A Thai force dubbed the “Rambo Army” couldn’t stop the gangs, armed with battlefield weaponry, as they scoured the forests. Neither could a brave activist, gunned down when he came to investigate. Nor, apparently, can governments across Southeast Asia. The root of the ...

http://www.bradenton.com/2012/11/24/4291081/rare-hardwood-sparks-gunfights.html

Risk Of Money Laundering Grows With Economy

With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...

http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/

Cambodia's energy costs deter investors

Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...

http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Minorities Press Gov't for More Communal Titles

Hundreds of indigenous people called on government to pick up the pace in granting them communal land titles at a ceremony marking the U.N.-sponsored International Day of the World’s Indigenous People in Kompong Thom province yesterday. “The gathering today is to mark the 8th anniversary of Indigenous Day ...

Small Signs Show Investors Slowly Diversifying in Cambodia

The lastest investment data from the government shows that Cambodia’s economy is moving away from the long-trusted staple of the garment sector and into more compplex industries. For more than a decade, garments have accounted for the lion’s share of the country’s export market as investors shied away ...

Round 2 at Phnom Penh's Borei Keila district

Four families who were violently evicted from Borei Keila in January last year built shelters yesterday in the rubbish where their houses once stood, claiming the land still belonged to them. The evictees erected small frames on the land, in the capital’s Prampi Makara district, irritating ...

http://www.phnompenhpost.com/2013031361918/National/round-2-at-borei-keila.html

More trade finance needed

A lack of trade financing – the loans and guarantees needed to support import and export transactions – for international deals within developing Asian countries such as Cambodia is restricting opportunities for growth, a survey by the Asia Development Bank (ADB) has found. Of 106 banks ...

http://www.phnompenhpost.com/2013031361906/Business/more-trade-finance-needed.html

Villagers Petition Against Crematorium’s Removal

More than 1,000 villagers in Phnom Penh’s Russei Keo district have signed a petition pro­testing the removal of a crematorium that is currently on land slated for a large development project. According to a letter from the Council of Ministers addressed to the Ministry of Cults ...

http://www.cambodiadaily.com/news/villagers-petition-against-crematoriums-removal-27487/

Poipet Vendors Protest Corrupt Border Officials

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...

http://www.cambodiadaily.com

Recovering supply lifts car sales

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

http://www.phnompenhpost.com/2013070466651/Business/recovering-supply-lifts-car-sales.html

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Workers begin Clearing Land for Lower Sesan 2

Workers in Stung Treng province have begun clearing forested land with chainsaws in order to make way for the reservoir of a massive hydropower dam that has drawn ire from local villagers who say they have not been informed about the dam’s construction plans. The National ...

http://www.cambodiadaily.com/news/workers-begin-clearing-land-for-lower-sesan-2-16743/

Families Left Worse off After Railway Project

Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...

http://www.cambodiadaily.com

Telecom CEOs Say Debts to Mfone Are Far Less

Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...

http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/

In Kandal, villager says CPP support is ‘tested’

More than 1,500 Cambodian People’s Party supporters in Kandal province’s Sa’ang district were summonsed by party officials yesterday to be thanked for voting for the party, during a meeting one villager claimed was tacit intimidation. According to a villager speaking on the condition of anonymity, invited ...

http://www.phnompenhpost.com/national/kandal-villager-says-cpp-support-%E2%80%98tested%E2%80%99

Jarai battle for communal titles takes important step

Their work is far from over, but Jarai minority villagers in Ratanakkiri province took another important step forward yesterday in their quest for communal land titles. More than 200 residents of O’Yadav district’s Pate commune signed declarations outlining the ways in which they make use of ...

http://www.phnompenhpost.com/national/jarai-battle-communal-titles-takes-important-step

Hundreds Protest Over Forest Land Seizures

More than 700 villagers from five provinces yesterday protested in front of the provincial government headquarters in Kompong Chhnang after losing their community forests to large agro-industry firms. Organized by the Cambodian Grassroots People’s Assembly- a network of communities that includes forestry and land activists as ...

http://www.cambodiadaily.com/news/hundreds-protest-over-forest-land-seizures-30971/?utm_source=rss&utm_medium=rss&utm_campaign=hundreds-protest-over-forest-land-seizures

Garlic leaves are a boon for farmer

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

http://www.phnompenhpost.com/business/garlic-leaves-are-boon-farmer

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