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Cambodia launches $200 mln irrigation project in eastern provinces

The government launched Thursday a $200 million project to divert water from the Mekong River to irrigate 300,000 hectares of rice fields in Prey Veng, Svay Rieng and Kampong Cham provinces. Under the first phase, estimated to cost $100 million, canals will be restored between ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzIxZTMyNDAzMjV

EU fund of over $4.5 mln in Cambodia

The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODhhZmVjNmU1OTd

US Firm to Open Its Second Casino in Cambodia

A U.S.-listed gaming company is set to open its second casino in Cambodia next month, the company said as it announced its revenues had grown to more than $20 million in 2012. Entertainment Gaming Asia Inc. (EGA), which is backed by Macau-based Melco International Development Limited ...

http://www.cambodiadaily.com/business/us-firm-to-open-its-second-casino-in-cambodia-14421/

Hun Sen Orders Crackdown On Illegal Fishing in Lake

Prime Minister Hun Sen yesterday blasted local officials for not working hard enough to curb illegal fishing in and around the Tonle Sap lake, where fisheries crimes are still rampant despite 90,000 hectares of protected areas. “Don’t do illegal fishing, use illegal equipment to fish, or ...

Boeung Kak rep infighting gets its day in court

Six Boeung Kak village representatives will appear in Phnom Penh Municipal Court accused of threatening to kill their one-time representative Ly Mom, who was spoke on their behalf from 2007 until last year. Although no charges have been laid, Ly Mom is demanding $10,000 from each ...

http://www.phnompenhpost.com/index.php/2012050455975/National-news/boeung-kak-rep-infighting-gets-its-day-in-court.html

Workers Pledge to Continue Strike Action in Phnom Penh

Garment factory workers on Saturday blocked Street 371 in Phnom Penh’s Meanchey district for the second day and said they will continue their strike today unless factory managers give in to their demands. During Saturday’s strike action, more than 3,000 workers from the S.L. Garment Factory ...

President Obama Expected to Attend Summit in Phnom Penh

A senior White House official has again indicated that U.S. President Barack Obama is expected to attend the East Asia Summit in Phnom Penh in November. U.S. Assistant Secretary of State for East Asia and Pacific Affairs Kurt Campbell reiterated Mr. Obama’s plans to attend the ...

Factory fainting: Garment workers fall ill in Kampong Speu

About 60 workers at the Anful Garment factory in Kampong Speu’s Samrong Tong district reported feeling dizzy yesterday, while three fainted, officials said. The union president also said she did not think the incident was caused by the factory environment, but rather, by the health ...

http://www.phnompenhpost.com/index.php/2012052956453/National-news/factory-fainting-garment-workers-fall-ill-in-kampong-speu.html

China Donates $110,000 in Office Equipment to CPP

He Guoqiang, a senior member of the Chinese Communist Party’s Politburo Standing Committee, yesterday announced a donation of about $110,000 worth of office equipment to the CPP, National Assembly Cabinet Chief Koam Kosal said. The donation was made during the official visit to Cambodia of a ...

World Bank Denies It Will Fund Project in Cambodia

The World Bank has denied a report that it is preparing to fund a new education project in Cambodia, 10 months after the bank froze all new lending to Cambodia to protest evictions and Phnom Penh’s Boeng Kak lake. In The, an undersecretary of state ...

Landless Cambodians see nothing sweet in EU sugar deal

An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry. Campaigners are taking their fight to European supermarkets, encouraging a boycott of Cambodian sugar, which ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1211528/1/.html

United Kingdom's Prudential Company invests life insurance in Cambodia

Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...

http://thesoutheastasiaweekly.com/

Two More Villagers Are Arrested Amid Evictions in Pursat

Two more people in Pursat province’s Veal Veng district were arrested Tuesday in connection with what local authorities are calling a secessionist plot, a forestry official said yesterday. Veal Veng district forestry chief Thorn Bunthet said that Kuy Van, 55, and Leng Chhoeuk, 50, were arrested ...

Cambodia's inflation slightly up to 3.8% in June

Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...

http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm

With No Faith In Courts, Embattled Turn to Prayer

Clutching bunches of incense, mouths moving in tandem, those gathered before the Preah Ang Dang Keu Shrine on Sisowath Boulevard late last month migth have passed for any group of supplicants save for a notable exception: The prayer was aimed at the judiciary. When supporters of ...

44 garment factory Workers Hurt in Road Traffic Accident

Forty-four garment factory workers were injured in a traffic accident yesterday morning in Svay Rieng province as they traveled to work in the back of an open truck, police said. The workers were riding in the truck when it overturned after colliding with a tractor-trailer on ...

Exports to China Fell 10% in First Six Months

Revenues generated from Cambodian exports to China fell by 10 percent in the first half of the year, according to figures released by the Ministry of Commerce last week. About $60 million worth of goods were exported from Cambodia to China between January and June, the ...

Cambodia's Economic Growth Expects To Be 7% In 2012

“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” At the same time, the report from World Bank said: ...

Cambodia And Vietnam Trade Continues To Grow In 2012

Trade between Vietnam and Cambodia exceeded US$1.9 billion dollars in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday. Speaking at a news conference, an association official said Vietnamese exports to Cambodia came to $1.6 billion in the seven ...

Signs point to more diverse investment projects in Cambodia

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

http://etmcambodia.com

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