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 ...
Acleda HQ Expansion to Start in Three Months
Acleda Bank will break ground on a 20-story tower directly behind its current headquarters on Monivong Boulevard in September to become the third bank in the country to push ahead with a high-rise property in the capital, officials at the bank said yesterday. John Brinsden, Acleda’s ...
Maid in landmark abuse case returns to Cambodia
The first Cambodian maid to successfully sue her employer in a Malaysian court came home on Sunday, and is leveraging her landmark case to insist that more victims seek compensation through the legal system. ...
Fewer Cambodians Cross Poipet to Work in Thailand
The number of Cambodian workers passing through Poipet international checkpoint to work in Thailand decreased by 10 percent during the first six months of the year compared to 2011, an immigration police officer said yesterday. Leak Romnea, chief of administration of Banteay Meanchey province’s Poipet immigration ...
Two Arrested in Pursat as Further Evictions Loom
Two more people in Pursat province’s Veal Veng district have been arrested in conjunction with what local authorities are calling a secessionist plot, while provincial authorities threatened to demolish more homes if residents do not leave a disputed area, officials said yesterday. Deputy provincial court prosecutor ...
Philippines and Cambodia in South China Sea row
The Philippines has summoned Cambodia’s ambassador over comments linked to Manila’s territorial row with Beijing. Hos Sereythonh was asked to explain remarks accusing the Philippines and Vietnam of playing “dirty politics” over the issue of Asean and the South China Sea. [H]e did not turn up on ...
Border Management Technology Advances in Cambodia and Vietnam
Using techincal solutions developed by inTERPOL, Cambodia and Vietnam can now instantly conduct real time searches of inTERPOL’s global databases. The joint European Union (EU) and the Association of Southeast Asian nations (ASEAN) “Enhanced exchange of information between inTERPOL National Central Bureaus (NCBs) in the ...
Cambodia Inaugurates China-funded Road in N Provinces
Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong Svay district to the provincial town of Preah Vihear province, cost about 52 million U.S. dollars ...
Cambodia To be Free from ODA in 2030
Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon announced that Cambodia would be free from the Official Development Assistance (ODA) by 2030. Speaking to the U.S. Ambassador to Cambodia H.E. William E. Todd in a discussion at the ministry yesterday, H.E. Keat ...
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 ...
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 ...
In Cambodian Courts, Scales of Justice Are Tilted
An investigation into the February shooting of three female garment workers by the former governor of Bavet City, Chhouk Bundith, will be completed and sent to a prosecutor for review by the end of the week, a Svay Rieng Provincial Court official said yesterday. Despite the ...
UN Secretary General will visit Cambodia in November
UN Secretary-General Ban Ki-moon will visit Cambodia in November to attend the 21st ASEAN Summit and East Asia Summit, a senior UN official said here Thursday. Noeleen Heyzer, UN Under Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP), ...
Court grants delay in K Chhnang land dispute
Kampong Chhnang villagers who have been hit with a new lawsuit over property that they and the wife of a senior government official both claim said yesterday that coming to court would be impossible, as they did not have a defense lawyer and needed time to locate ...
Danish company to create new industry in Cambodia
The Danish company Go4 Bunker, which has developed their “Smart bunker system” in partnership with Shenfei Group Co and Maersk Broker K/s, wants to partner with Cambodian companies to develop not only the Cambodian Offshore Marine Fuel Oil Business, but also related business in connection ...
http://www.scandasia.com/viewNews.php?coun_code=kh&news_id=11271
Workers given lesson in how not to faint
Education garment workers and their bosses on how to avoiding fainting is the latest strategy the Ministry of Labor is using to address a problem that has plagued the industry in the past two years, a ministry official said yesterday. Labor Ministry Secretary of State Oum Mean said he ...
Maruhan Japan Bank buys stake in MFI – Sathapana
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...
http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/