Cambodia expects 7 pct GDP growth in 2012: Finance Minister
Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7% this year. Cambodia’s forecast was based on the increases in garments exports, tourist arrivals, and agriculture as well as a gradually recovered real estate sector, the ...
http://news.xinhuanet.com/english/business/2012-03/12/c_131462003.htm
60,000 Evicted in 2011 Alone; Majority From Phnom Penh
Nearly 60,000 people were forcibly evicted from their homes last year alone, often being moved to inadequate relocation sites where they face unemployment and rising debt levels, according to a report by rights group Adhoc released yesterday. A total of 59,904 people from 127 communities were ...
Supreme Court Wants $200K Cash Deposit in Renakse Case
The Supreme Court has requested that the owner of Phnom Penh’s shuttered Renakse Hotel deposit $200,000 with the court as proof that it is able to pay compensation to the hotel’s former manager, a lawyer said yesterday. In 2008, the rulIng CPP sold the French colonial-era ...
Net Profits at Acleda Bank Increased by 86% in 2011
Net profits at Acleda Bank increased by 86% to $49.4 million in 2011 as the company grew both its deposits and loan portfolio. in a statement released on Friday, Acleda said that loans grew by 35.4 percent to $989.4 million, while deposits at the bank ...
Maybank Cambodia aims to be in top 5 by 2015
Maybank launched yesterday its locally incorporated company in Cambodia, Maybank (Cambodia) Plc, and will also build a 10-storey corporate office with the aim of becoming one of the top five banks there by 2015. Currently ranked seventh in terms of assets among 33 banks operating ...
Gov’t Launches Body in Effort to Up Rice Exports
The Ministry of Commerce is setting up a National Confederation for Rice Exporters to achieve Prime Minister Hun Sen’s target of exporting 1 million tons of milled rice by 2015. ...
Two Arrested, Three Detained For Maid’s Death in Malaysia
Two Malaysian employers of a Cambodian maid were arrested and three others detained this week in Malaysia in connection with the woman’s death, Malaysian police officers said yesterday. Assistant police superintendent Suriman bin Shahrim, said Mey Sichan, 24, was discovered dead on Sunday, and her Malaysian ...
More national roads included in free New Year bus service
Prime Minister Hun Sen announced yesterday that Cambodian people could ride public buses for free to their hometowns over the Khmer New Year along five national roads instead of only two as initially announced on Sunday. ...
Mom Kunthear
http://www.khmertimeskh.com/50299277/more-national-roads-included-in-free-new-year-bus-service/
Authorities in Oddar Meanchey on the hunt for wild elephant
Cambodian authorities are monitoring a rogue wild elephant following a day in pursuit of the pachyderm after she trampled a number of villagers’ farmland. The female elephant was spotted on Sunday morning in Oddar Meanchey’s Dangrek Mountains – a rare sighting, according to Banteay Ampil ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/authorities-oddar-meanchey-hunt-wild-elephant
Authorities in Ratanakkiri find stash of 160 pieces of timber
Authorities in Ratanakkiri province’s O’Chum district on Saturday commandeered 160 pieces of first-grade timber they stumbled upon. They believe the timber was a collected stash that illegal loggers had hidden in the forest as they waited for rain to cease before transporting it out, said ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/authorities-ratanakkiri-find-stash-160-pieces-timber
Villagers in Mondulkiri say illegal logging is going on unabated
Villagers claim that rampant illegal logging is taking place at the Phnom Namlear Wildlife Sanctuary and local authorities are not doing enough to curb the activity. Every night about 20 to 30 lorries remove luxury timber from the wildlife sanctuary, which is fast depleting its ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/villagers-mondulkir-say-illegal-logging-going-unabated
Trade logistics centre west of Phnom Penh is in planning
An assessement of plans to build a groundbreaking trade logistics centre west of Phnom Penh will begin soon, the Ministry of Public Works and Transportation said. An early stage feasibility analysis of the Phnom Penh Logistics Complex is set to begin early next year, supported ...
Hor Kimsay
https://www.phnompenhpost.com/business/trade-logistics-centre-west-phnom-penh-planning
Draft rubber law to reach Council of Ministers in 2019
The Ministry of Agriculture is now discussing the Rubber Law with industry players and plans to send a draft to the Council of Ministers for approval next year, according to a high-ranking official. ...
Sok Chan
https://www.khmertimeskh.com/50561136/draft-rubber-law-to-reach-council-of-ministers-in-2019/
Twelve gold mines inspected, two shut down in Preah Vihear
Twelve gold mines have been inspected by the Preah Vihear provincial authorities, with two found to be operating illegally and told to shut down, provincial Department of Mines and Energy director You Chendayuth told The Post on Thursday. The two offending mines were found to ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/twelve-gold-mines-inspected-two-shut-down-preah-vihear
Unicef calls for ‘concrete action’ on online bullying in Cambodia
The UN Children’s Agency has called for a new policy to protect Cambodian children from bullying. in a statement released to coincide with Safer internet Day on Tuesday, Unicef said young people between the ages of 15 and 25 years olds were particularly at risk. Natascha ...
Kann Vicheika
https://www.voacambodia.com/a/unicef-calls-for-concrete-action-on-online-bullying-in-cambodia/4775248.html
Task force formed to resolve land disputes in Preah Sihanouk
The Ministry of Land Management, Urban Planning and Construction has set up a working group in Preah Sihanouk province to resolve land disputes in the Poy Machov and Prek Teuk Sap Kbal Chhay areas. Minister of Land Management Chea Sophara said in a letter dated ...
Voun Dara
https://www.phnompenhpost.com/national/task-force-formed-resolve-land-disputes-preah-sihanouk
Kampong Speu solar farm to start generating energy in April
Amid a dry spell that has led to power cuts across the Kingdom, Electricite du Cambodge announced last week that a 60-megawatt solar power park in Kampong Speu province will start generating power next month, roughly four months ahead of schedule. The solar farm will ...
Thousands attend CNRP-organised pro-democracy vigil in South Korea
Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/thousands-attend-cnrp-organised-pro-democracy-vigil-south-korea
Labour Ministry to introduce ICT in its vocational training initiatives
The Ministry of Labour on Friday said it plans to introduce information technological skills in its vocational training initiatives in order to prepare the Kingdom’s workforce in the face of growing automation in the labour market. During a United Nations meeting on the future of ...
Vehicles used in alleged case of Oknha Sam Ol destroyed
Vehicles used in the alleged illegal logging that led to the arrest of Soeng Sam Ol were blown up on Wednesday, as the tycoon and three alleged accomplices were sent to Phnom Penh Municipal Court by National Military Police. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/vehicles-used-alleged-case-oknha-sam-ol-destroyed