New ultimatum from city in OCIC dispute
City Hall issued another deadline yesterday to land disputants affected by a satellite city development on Chroy Changvar, telling them to voluntarily part with 90 percent of their land or risk losing it all. ...
Touch Sokha
http://www.phnompenhpost.com/national/new-ultimatum-city-ocic-dispute
Chroy Changvar Satellite City groundwork nears completion
The pumping of sand and filling in of lakes and marshy areas prone to flooding, with the eventual aim of creating the Chroy Changvar Satellite City, will be completed in the fourth quarter, according to Overseas Cambodian Investment Company (OCIC) sources associated with the development. Meanwhile, ...
Siv Meng
http://www.phnompenhpost.com/real-estate/chroy-changvar-satellite-city-groundwork-nears-completion
14 projects worth $213M approved in Sihanoukville
Another 14 projects worth $213 million received approval in Cambodia’s coastal city Sihanoukville recently which included 10 projects for reviving the construction of stalled buildings under the ‘Special Investment Promotion Program’ for the city, launched by Prime Minister Hun Manet earlier in January. ...
Manoj Mathew
https://www.khmertimeskh.com/501481583/14-projects-worth-213m-approved-in-sihanoukville/
Green light: new signals to speed up city’s traffic prospects
As part of an ongoing Japan-funded project to reduce congestion in the capital’s clogged streets, City Hall turned on three new traffic lights on Wednesday in Phnom Penh—with two more set to follow today. ...
Phan Soumy
https://www.cambodiadaily.com/news/green-light-new-signals-to-speed-up-citys-traffic-prospects-126306/
Bus depots will move to city outskirts in bid to ease traffic
Phnom Penh governor Pa Socheatvong held a meeting with the city’s bus companies Thursday to inform them that starting next year, their depots and pickup points must be located outside the city center as part of efforts to ease worsening traffic congestion. ...
At least 444 firms okayed for Single Portal by Phase II agencies
At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for businesspeople, offering convenience and reducing informal costs. ...
May Kunmakara
https://www.phnompenhpost.com/business/least-444-firms-okayed-single-portal-phase-ii-agencies
Laos draws ire of neighbors with Mekong River dam plans
Laos will push ahead with its ambition to become the “battery of Southeast Asia,” planning a Mekong River dam that has drawn opposition from neighbors and threatens to involve China and the U.S. Four Mekong River nations are scheduled to meet June 26-27 in Thailand to ...
Bloomberg News Staff
http://www.businessweek.com/news/2014-06-03/laos-draws-ire-of-neighbors-with-mekong-river-dam-plans
We’re going to Wisney World!
More than 6,000 mostly Chinese attendees witnessed the inauguration ceremony of a $1 billion Sihanoukville resort project called Wisney World in the capital on Wednesday. The event on Koh Pich, attended by several senior Cambodian government officials, is a joint venture between China’s AMC International ...
Hin Pisei
https://www.phnompenhpost.com/business/were-going-wisney-world
Nearly six million hectares to be protected
Minister of Environment Say Sam Al has sent a letter to the Minister of Land Management, Urban Planning and Construction asking to register nearly six million hectares of land as protected under the Ministry of the Environment. ...
May Titthara
http://www.khmertimeskh.com/news/24932/nearly-six-million-hectares-to-be-protected/
Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Poipet fire kills 26 and injures 57
The blaze that tore through a Poipet casino has killed 26 people and injured 57, with most of the victims Thai, Banteay Meanchey Provincial Governor Oum Reatrey said. ...
Chhorn Raksmey
https://kiripost.com/stories/poipet-fire-kills-26-and-injures-57
Ban on Radio Broadcasts Lifted Amid US Pressure
The Ministry of Information on Saturday lifted a ban on the broadcast of all Khmer-language foreign radio programs by FM stations during the month leading up to the July 28 national election amid swift and harsh rebuke from the U.S. and the broadcasters themselves. The ministry ...
Fee protection plea for Hong Kong workers
Spokesmen for the Cambodian and Hong Kong governments are urging agencies not to charge excessive fees to Cambodian domestic helpers wanting to work in Hong Kong and offered reassurance that their rights would be protected. ...
Mom Kunthear
http://www.khmertimeskh.com/5077731/fee-protection-plea-hong-kong-workers/
Talks narrow gap in minimum wage
Union negotiators on the minimum wage for garment, textile and footwear workers have lowered their claim from $176.26 per month to $175 while the employers have increased their offer from $161 to $161.50. ...
Mom Kunthear
http://www.khmertimeskh.com/5084033/talks-narrow-gap-minimum-wage/
Cambodia’s garment workers to get pay rise for 2013
Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom’s garment and footwear industries, according to a press release after a closed door meeting. The meeting was attended by Minister of Social Affairs Ith Samheng, Minister of Labor ...
http://www.nzweek.com/world/cambodias-garment-workers-to-get-pay-rise-for-2013-43866/
Food, beverage imports rise
Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...
http://www.phnompenhpost.com/2013021361334/Business/food-beverage-imports-rise.html
National Petroleum Authority to Change Hands
The Cambodian National Petroleum Authority (CNPA), formerly overseen by the Council of Ministers, will be integrated into the Ministry of Mines and Energy, according to senior CPP officials, the latest cut to the vast portfolio of government bodies controlled by Deputy Prime Minister Sok An. Since ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/national-petroleum-authority-to-change-hands-46796/
Subedi Calls for Accountability in Meeting With Hun Sen
In a meeting with Prime Minister Hun Sen and 10 of the government’s highest-ranking officials in Phnom Penh on Wednesday, U.N. human rights envoy Surya Subedi called for the perpetrators of recent state-sanctioned killings to be held accountable for their actions. Mr. Subedi spent three-and-a-half hours ...
Lauren Crothers and Khy Sovuthy
http://www.cambodiadaily.com/news/subedi-calls-for-accountability-in-meeting-with-hun-sen-50675/
Rein in credit, warns IMF
In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...
May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/