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Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

Despite Land Loss, Minorities Back Status Quo

Romam Gvin could be described as a counterintuitive voter. Intuition might lead you to believe that Mr. Gvin blames the government for the loss of his land to the Vietnamese rubber company that now owns everything for as far as the eye can see here in ...

http://www.cambodiadaily.com/elections/despite-land-loss-minorities-back-status-quo-34786/

Garment staff get pay, push for labour rights

Garment workers who went on strike over delayed payment of wages and other alleged violations of labour law on Tuesday morning were paid on Wednesday by management at the Chea Ieng garment factory in the capital’s Sen Sok district. Factory employee Sun Sopheak said yesterday that ...

http://www.phnompenhpost.com/index.php/2011111152705/National-news/garment-staff-get-pay-push-for-labour-rights.html

Ministry focuses on land grabbing

The Environment Ministry over the weekend reiterated that encroachment upon or the sale of protected land is illegal, noting that more than 20 people have been arrested this year over alleged land grabbing. Environment Minister Say Samal on Saturday posted on his Facebook account stressing that ...

Pech Sotheary
https://www.khmertimeskh.com/50634802/ministry-focuses-on-land-grabbing/

Obama Signs Off on Aid Cuts to Government

A Royal Cambodian Armed Forces (RCAF) officer and his son-in-law were arrested separately on Thursday and Friday in Battambang and Banteay Meanchey province for producing tens of thousands of dollars of counterfeit U.S. banknotes, officials said Sunday. Police arrested Tang Thearith, 35, in Poipet City on ...

Alex Willemyns
http://www.cambodiadaily.com/news/obama-signs-off-on-aid-cuts-to-government-50886/

Food safety needs tightening

The Cambodian government will introduce a food-safety law later this year that would see the Kingdom adopt a set of national food safety standards and ensure greater coordination across ministries, according to a health official. Aing Hoksrun, chief of the food bureau at the Department of ...

Ananth Baliga
http://www.phnompenhpost.com/food-safety-needs-tightening

Sam Rainsy hopes culture of dialogue to continue

Opposition leader Sam Rainsy on Thursday expressed hope that culture of dialogues will continue when new election laws are adopted. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/sam-rainsy-hopes-culture-of-dialogue-to-continue-8324

Villagers defy ban, march to Gov’t buildings

More than 200 people from the group Land Communities for Peace marched from the Anti-Corruption Unit (ACU) to the National Assembly on Thursday in defiance of a ban issued by City Hall. Phnom Penh deputy governor Khuong Sreng said the protest would not be allowed after ...

Mech Dara
http://www.cambodiadaily.com/news/villagers-defy-ban-march-to-govt-buildings-60037/

Wildscan app to help fight animal trafficking

A Khmer version of a smartphone app to help law enforcement deal with the illegal wildlife trade was launched yesterday. ...

Phak Seangly
http://www.phnompenhpost.com/national/wildscan-app-help-fight-animal-trafficking

Chinese 'no-strings' loans come at a cost

As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...

PPWSA sets an IPO date

Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...

Cambodian water utility to price IPO on 18 April

Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...

http://www.globalwaterintel.com/news/2012/9/cambodias-water-utility-price-ipo-18-april.html

Spirited reopening for Anful

Workers at a garment factory that was temporarily shut after more than 200 women collapsed in two mass fainting incidents last week gathered yesterday at the facility in Kampong Speu province for a Buddhist ceremony intended to rid the factory of evil spirits. Pheng Songoun, a ...

http://www.phnompenhpost.com/index.php/2011110152461/National-news/spirited-reopening-for-anful.html

Templeton Cautions Investors Riding Myanmar, Cambodia Growth

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

http://www.businessweek.com/news/2012-03-31/templeton-cautions-investors-riding-myanmar-cambodia-growth

Cambodia rejects suspicions reversal on us base upgrade signals plans to host Chinese military assets

Cambodia’s Minister of Defense Tea Banh on Monday dismissed suspicions that his government had reneged on accepting an offer from the U.S. to upgrade buildings at a naval base in Preah Sihanouk province because it plans to host Chinese military assets at the site. In a ...

Joshua Lipes
https://www.rfa.org/english/news/cambodia/base-07012019152820.html

Rice bank buys direct to control prices

The Cambodia Rice Bank (CRB) will intervene to prevent the price of fragrant rice from falling further by offering to buy the staple grain directly from farmers at the market price of 840 riel (21 cents) a kilogram. The CRB also called on farmers to ...

Sok Chan
http://www.khmertimeskh.com/news/29842/rice-bank-buys-direct-to-control-prices/

Radio Station Owner Denies Secession Charges

Independent radio station owner Mam Sonando declared his innocence yesterday at the Phnom Penh Municipal Court where his trial began over his alleged involvement in a secessionist movement in Kratie province. Commenting on organization he founded, the Association of Democrats, Mr. Sonando told the court it was ...

Commodities Prices a Risk, Bank Says

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

Mobile phones could replace credit cards

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...

http://www.phnompenhpost.com/index.php/2012071257365/Business/mobile-phones-could-replace-credit-cards.html

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