National Bank of Cambodia slams NGOs’ lending report
The National Bank of Cambodia (NBC) on Thursday slammed a report on predatory lending in the Kingdom by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), which was released on Wednesday, as “flawed”. The report, entitled Collateral Damage, claimed that increasing levels of ...
Thou Vireak
https://www.phnompenhpost.com/business/national-bank-cambodia-slams-ngos-lending-report
New EU envoy arrives as EBA decision hangs in the balance
Now that the newly appointed EU Ambassador to Cambodia Carmen Moreno has landed in the country, she will be able to see for herself the reality in the Kingdom even as the possible withdrawal of the ‘Everything But Arms’ (EBA) agreement awaits its conclusion, analysts ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/new-eu-envoy-arrives-eba-decision-hangs-balance
Despite growing body of evidence, officials reject deforestation claims
Cambodian officials have defended the government’s record on the forestry sector, despite the publication this year of several substantive reports alleging that deforestation is accelerating due to policy failures. In response, Sophalleth echoed previous comments by the prime minister, insisting that once deforested land is ...
Aun Chhengpor
http://www.voacambodia.com/content/despite-growing-body-of-evidence-officials-reject-deforestation-claims/3018682.html
Hun Sen slams activists opposing hydropower dams
Prime Minister Hun Sen has called environmental activists objecting to the construction of hydropower dams in Cambodia “extreme” insisting that such developments would benefit millions of people.His remarks came on Wednesday during the inauguration of a dam located on the Tatay river in Koh Kong ...
Hul Reaksmey
http://www.voacambodia.com/content/hun-sen-slams-activists-opposing-hydropower-dams/3117183.html
City hall announces development plans for new road
City Hall yesterday announced the preparation of infrastructure for a controversial road construction project in the Boeung Kak area near the Alserkal Grand Mosque, the largest mosque in the Kingdom, to avoid traffic jams and flooding in the area. The pilot project, inveiled in 2012, plans ...
Pech Sotheary
http://www.khmertimeskh.com/news/29502/city-hall-announces-development-plans-for-new-road/
Leaders of Japan, China to Attend Asean, East Asia Summits
The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...
Cambodia, Vietnam telecoms jointly launch Super Highway Network
State-owned Telecom Cambodia (TC) and Vietnam Telecom International (VTI) on Friday jointly launched Super Highway Telecom Network in order to improve Internet and telecom services in Cambodia and to meet customer’s demands, said a joint press release. The 260-kilometer super highway link connects VTI’s POP (Point ...
http://news.xinhuanet.com/english/world/2012-04/20/c_131541368.htm
Cambodia lures ex-Adamus executives
Former Adamus Resources executives Milan Bojanjac and Ron Heeks are plotting a return to the Australian bourse, through a deal with the Charlie Bass-backed Geopacific Resources. In a deal it said would give it access to a substantial land- holding in Cambodia, Geopacific announced plans for ...
http://au.news.yahoo.com/thewest/business/a/-/national/15760417/cambodia-lures-ex-adamus-executives/
Local brokers still manipulate prices: farmers
Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...
http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html
Cambodian Government Agrees In Principle to Risda Opening Rubber Estates
The Cambodian Government has agreed in principle with Rubber Industry Smallholders’ Development Authority (RISDA) to open 20,000 hectares of rubber estates in that country on a joint venture basis, its Chairman Tan Abdul Tamby said. The former Melka chief minister said the Federal Government through the ...
http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=930464
Cambodian Parliament Ratifies ASEAN-China Maritime Transport Agreement
The National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. “The agreement aims to facilitate and foster ...
http://news.xinhuanet.com/english/china/2013-05/10/c_132372924.htm
Sam Rainsy’s Last-Minute Efforts to Run Rebuffed
Both the National Assembly and the Constitutional Council of Cambodia, the highest legal authority in the land, convened closed-door meetings Thursday during which they decided not to reinstate opposition leader Sam Rainsy as a voter and parliamentary candidate for Sunday’s national election. According to a copy ...
http://www.cambodiadaily.com/elections/sam-rainsys-last-minute-efforts-to-run-rebuffed-36763/
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
Mondulkiri police question Adhoc
Three rights monitors were called in for questioning by Mondulkiri provincial police after they filed an attempted murder lawsuit against a land concessionaire employee last week, claiming they were violently denied access to an area under investigation for forest crimes, Adhoc said yesterday. Adhoc provincial coordinator ...
Phak Seangly
http://www.phnompenhpost.com/national/mondulkiri-police-question-adhoc
About 871,000 Cambodians travel abroad in 2013, up 10 pct
The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm
Bitcoin enthusiast eyes Cambodia
Local entrepreneur Ki Chong Tran believes he has the solution to many of Cambodia’s problems. On March 1, Tran submitted what he described as a “long-held weight off his chest” – a six-page proposal to the New York-based Bitcoin Foundation outlining all the ways the ...
Eddie Morton
http://www.phnompenhpost.com/business/bitcoin-enthusiast-eyes-cambodia
Longans longing for storage
The amount of land used to grow longans has doubled in the past two years, but a lack of supply-chain infrastructure is hampering farmers’ ability to get top dollar for their product, the fruit’s body says. Sreng Sreang, deputy director of the Pailin Longan Farmers’ Community ...
Chan Muyhong
http://www.phnompenhpost.com/business/longans-longing-storage
Bangladesh expected to seek leases for farming in Cambodia
Bangladesh and Cambodia have decided to set up a joint commission to boost bilateral relations and conclude bilateral agreements on agricultural and cultural cooperation, investment promotion and protection. The agreements will be inked during Cambodian Prime Minister Hun Sen’s three-day official visit to Dhaka beginning on ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2RkOGVmY2QzMjU
Casino sold to relative of CPP lawmaker
Entertainment Gaming Asia (EGA) last week sold Dreamworld Casino in Pailin province for $500,000 to a relative of the CPP lawmaker—and wife of former provincial governor Y Chhean—who owns the land on which the company built the casino, according to a press release Thursday. The gaming ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-casino-sold-to-relative-of-cpp-lawmaker-62750/
CPP vows to increase monthly wage to 250 dollars for civil servants and 160 dollars for garment workers by 2018
The ruling Cambodian People’s Party (CPP) has issued nine points of its policies for upcoming local council Election which will be held on May 18, 2014. According a statement issued on Saturday, the policies included a promise to increase the monthly salary to 1,000,000 riel or ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDk3MDAwNTUzZTA