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A roadmap for financial growth

The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate the last decade of growth while outlining an action plan for the next decade. Chea Serey, director-general of the NBC, said the content of ...

Hor Kimsay
http://www.phnompenhpost.com/business/roadmap-financial-growth

World Heritage status, tourists threaten Angkor preservation

The global recognition given to the Angkor temple complex in Siem Reap—and other sites around the world that receive U.N. world heritage status—does as much to damage as it does to preserve the historical gem, according to a new research paper that was published in the ...

Matt Surrusco
https://www.cambodiadaily.com/news/world-heritage-status-tourists-threaten-angkor-preservation-127067/

No evidence of child labor at brick factories, gov’t says

The Labor Ministry says that it is investigating fresh allegations of widespread child labor at the country’s brick-making factories, but claims to have found no evidence as of yet. The ministry made the announcement on Friday, hours after the release of a new report by local ...

Ben Sokhean
https://www.cambodiadaily.com/news/no-evidence-child-labor-brick-factories-government-says-121475/

CNRP’s chiefs will keep campaign promises or quit, says Sovann

Opposition spokesman Yim Sovann said yesterday that if any of the CNRP’s more than 400 new commune chiefs who won office on Sunday cannot follow through on the party’s campaign pledges, they will “give up” their positions.Sovann said the Cambodia National Rescue Party had made ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrps-chiefs-will-keep-campaign-promises-or-quit-says-sovann

FTA with EAEU bloc may diversify export market

As the government moves to a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), garment and rice industry insiders expect the new trade corridor to diversify the Kingdom’s export market. ...

Thou Vireak
https://www.phnompenhpost.com/national/fta-eaeu-bloc-may-diversify-export-market

Angkor sees gold in Liberty

Angkor Gold Corp has acquired a new economic land concession as it gains full control of its other concessions with the purchase of another mining company, according to officials. According to a statement released last week, Angkor Gold has purchased Liberty Mining International Pty Ltd (Liberty), ...

http://www.phnompenhpost.com/index.php/2012091058590/Business/angkor-sees-gold-in-liberty.html

Cambodian Land Mass More Than Originally Thought, Hun Sen Says

Prime Minister Hun Sen has announced that Cambodia’s total land mass is some 300 square kilometers more than historically stated and wants to put the number in the constitution. His announcement is thought to be a response to political opponents and critics who accuse ...

http://www.voacambodia.com/content/cambodian-land-mass-more-than-originally-thought-hun-sen-says/1506663.html

Trade barriers hinder growth of Cambodia's export industry

Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...

http://www.globaltimes.cn/content/737669.shtml

Villagers Still in the Dark About Lower Sesan Hydropower Dam

Thousands of villagers who will lose their land to the construction of the Lower Sesan 2 dam in Stung Treng province later this year have not been told of the government’s plans for their resettlement and compensation, a new study released yesterday shows. Through interviews with ...

http://www.cambodiadaily.com

Honda Factory Workers Strike To Reinstate Union Officials

About 300 workers from a Phnom Penh factory that assembles Honda motorcycles went on strike yesterday to rally for the reinstatement of their union representatives, in accordance with an order by the Arbitration Council, union representatives said yesterday. Yoeurng Sopheara, a legal officer at Cambodia Labor ...

Cambodia approves land concessions, despite ban

Cambodia’s government has ignored a suspension on new land concessions to private companies, announcements in an official publication showed, despite ordering a freeze after growing discontent over forced evictions and illegal logging. Prime Minister Hun Sen signed off on 12 sub-decrees on June 7 and 12 ...

http://www.reuters.com/article/2012/06/26/us-cambodia-land-idUSBRE85P0G520120626

Hun Sen Says Land Management Ministry in Need of More Staff

Prime Minister Hun Sen said yesterday that there was a lack of staff at the Ministry of Land Management, and suggested that the students in his land measuring program be utilized to rectify the shortage. Mr. Hun Sen made the comments while visiting Pursat province’s Phnom ...

Cambodia city port sees 16% surge in shipments in 9 months

Container traffic through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 16 percent in the first nine months of this year thanks to increasing import and export activities in garments and construction materials, the port authority said on Wednesday In March last year, to ...

http://news.xinhuanet.com/english/business/2012-10/03/c_131886809.htm

1 in 20 Firms Carry Out Environment Assessments

Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out environmental impact assessments, an official at the ministry of Environment said yesterday. Speaking at a workshop in Phnom Penh ...

Simon Lewis and Khuon Narim, P.1
http://www.cambodiadaily.com

Phnom Penh Port Shifts Focus to Cruise Boats

With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday. Eang Veng ...

http://www.cambodiadaily.com

Cambodia's Internet penetration more than doubles

Cambodia’s Internet penetration more than doubled to 3.1 per cent of the population in 2011, up from 1.3 per cent a year earlier, according to the Internet World Stats website. The country had 449,160 Internet users at the end of last year and 491,480 Facebook users ...

http://www.nationmultimedia.com/opinion/Cambodias-Internet-penetration-more-than-doubles-30181414.html

Workers at Honda Plant Given Back Their Jobs

A factory in Phnom Penh that assembles motorcycles for Honda decided on Friday to reinstate four workers who had been fired in December for creating a new trade union. About 300 workers at the Honda NCX Company in Pur Senchey district had been on strike since ...

Ratch puts mine purchase on hold as coal price dips sharply

The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...

http://www.bangkokpost.com/business/economics/321307/ratch-puts-mine-purchase-on-hold-as-coal-price-dips-sharply

Israel envoy pledges to boost tourism, agriculture ties with Cambodia

Bangkok-based new ambassador of Israel to Cambodia Simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. Speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng Samrin, who received the credentials on behalf of King Norodom ...

http://news.xinhuanet.com/english/world/2013-01/28/c_132133078.htm

Preah Vihear Families File Complaints As Land Set Aside for Airport

More than 60 families living in Preah Vihear province filed a complaint with rights group Ahdoc yesterday after officials announced that their land had been set aside for a new airport and would not be measured for private land titles, local officials said. Adhoc Preah ...

http://www.cambodiadaily.com/news/preah-vihear-families-file-complaint-as-land-set-aside-for-airport-10026/

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