Villagers Dig for Treasure as Gold Fever Hits Takeo Province
a gold rush came to Angkor Borei district over the weekend, with dozens of villagers trying their hand at treasure hunting after word got out that there was gold to be found in the soil of a newly dug road in Prek Phtorl commune. The area ...
South China Sea outlook
The disputes over sovereignty in the South China Sea are approaching a tipping point. As former ASEAN secretary-general Rodolfo Severino said last month: “The disputes cannot be resolved anytime soon, if at all. The most that can be done is to prevent them developing into armed ...
Local Farmers Can't Compete With Cheap Pork
Cambodians like pork. The average Cambodian consumes almost 9.29 kg of the meat each year, and local farmers supplied about 2 million pigs, more than 90 percent of the domestic demand, in 2008. But the market for small-scale pig farmers has flown. Live pig prices have fallen ...
A national car for Cambodia
UK-based BIW automotive company on Friday signed a US$2 billion join venture investment with ACICA Automotive (Cambodia) to build a factory in Preah Sihanouk province for a Cambodian-made vehicle within the next three years. The agreement was made between BIW’s director Robin Bowyer and ACICA’s Group ...
http://www.phnompenhpost.com/index.php/2012091758751/Business/a-national-car-for-cambodia.html
Long-Delayed Donor Meeting Set for Wednesday
The government and its foreign donors are preparing for their next high-level aid meeting Wednesday, their first sine the government surprised donors in August 2011 by indefinitely suspending the meetings, citing the global financial crisis. However, officials at the Finance Ministry and the Council for the ...
Renewable energy used for rice milling
The Federation of Cambodian Rice Millers Association in Battambang province will establish a biomass-generated electricity plant in Battambang, an insider said. The plant will cost up to US$10 million and generate 10 megawatts of electricity. Phou Puy, president of the Federation of Cambodian Rice Millers Association (CRMA) and the ...
Group Says Cambodia Should Reflect After Failed UN Seat Bid
The Paris-based International Federation for Human Rights (FIDH) issued a statement on Friday praising the U.N. General Assembly for not voting in favor of Cambodia during its bid for a non-permanent seat on the U.N. Security Council. U.N. member states cast their votes on Thursday in ...
Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
Conference urges Cambodia to boost energy efficiency
Officials at a recent energy conference in Phnom Penh stressed that Cambodia needed to use energy more efficiently to meet regional goals, boost economic development and lower overall harm to the environment. More than 150 energy officials from the public and private sectors came together for ...
Rail Operator Restarts Train Services to Kampot
Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
‘Beaten, unfed’ teen maid dies
A 16-year-old died at Calmette hospital in Phnom Penh yesterday morning after succumbing to an illness she contracted while working in virtual slavery as a maid in Malaysia, her family said. Toch Srey Neth signed up to go to Malaysia as a maid through the now-defunct ...
http://www.phnompenhpost.com/index.php/2012062557002/National-news/teen-maid-dies.html
Small concession in eviction fight
Authorities have partially backed down on an order forcing 196 residents in Phnom Penh’s Por Sen Chey district to move their homes, but refused to scrap the plan completely when confronted at Chaom Chao commune hall yesterday. Phuong Sopheap, one of about 20 residents that congregated ...
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...
Questions over China dams
Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...
http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html
Court to Question 4 Bavet Shooting Witnesses
The Svay Rieng Provincial Court will question four new witnesses to the February shooting of garment workers in Bavet City allegedly committed by former city governor Chhouk Bundith, a court official said yesterday. “We are preparing to schedule the questioning of four new witnesses. It ...
Phnom Penh Land Prices Slow Growth
Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...
Sugar company axes child labour
Rulling party Senator Ly Yong Phat’s Phnom Penh Sugar Company announced yesterday that it had amended its hiring policy to forbid contractors from employing children, while at the same time, opposition parliamentarian Mu Sochua made public her plans to visit the company to investigate its ...
http://www.phnompenhpost.com/2013011560790/National/sugar-company-axes-child-labour.html
Activists call on government to adopt forest law
Members of the Prey Lang Community Network yesterday called on the government to approve a forest preservation sub-decree that has been in draft form since 2011. Hoeun Sopheap, representative of the Kampong Thom provincial Prey Lang community, said the sub-decree would help protect the biodiversity of ...
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 ...