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Cambodia may find new rice market in Manila

Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012031655057/Business/kingdom-may-find-new-rice-market-in-manila.html

World Bank Blocks Firm After Cambodia Project Probe

A bribery investigation by the World Bank has discovered misconduct by a major Canadian construction firm that was awarded a $5 million contract to help expand access to electricity in rural Cambodia, the bank said. In December 2009, sNC-Lavalin announced that it has been awarded ss='cambodia-color'>...

http://www.cambodiadaily.com/news/world-bank-blocks-firm-after-cambodia-project-probe-19199/

Credit growth in Cambodia's banking sector slightly up in 1st two months

Cambodia’s banking industry recorded a slight increase in lending in the first two months of this year after a sharp rise last year, according to a consolidated data provided by the National Bank of Cambodia (NBC) on saturday. The data showed that the kingdom’s 33 commercial ss='cambodia-color'>...

http://www.asean-china-center.org/english/2013-04/28/c_132347546.htm

RCAF Asked to Reassure Public After Coup Warnings

Civil society groups and the opposition on Wednesday called on the military to issue a statement repudiating claims made by the owner of a popular radio station that the military would remove the opposition from office if it wins sunday’s national election. The calls came after ss='cambodia-color'>...

http://www.cambodiadaily.com/elections/rcaf-asked-to-reassure-public-after-coup-warnings-36616/

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ss='cambodia-color'>...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

Sokimex Group Plans 15-Story Hotel Near Royal Palace

Local conglomerate Sokimex Group planS to conStruct a 15-Story hotel aS well aS a Supermarket and high-end ShopS on a more than 15,000-Square-meter plot of land behind Phnom Penh&rSquo;S Wat Ounalom, the firm&rSquo;S founder, Sok Kong, Said ThurSday. Mr. Kong Said hiS company had applied for SS='cambodia-color'>...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-group-plans-15-story-hotel-near-royal-palace-41433/

Appeal Court to Try Stalled Case of Murdered Journalist

The case of journalist Hang serei Odom, who was found hacked to death and stuffed into the trunk of his Toyota Camry in Ratanakkiri province’s O’Chum district on september 11 last year, will be heard by the Appeal Court in Phnom Penh, a senior court ss='cambodia-color'>...

Kuch Naren
http://www.cambodiadaily.com/news/appeal-court-to-try-stalled-case-of-murdered-journalist-45107/

CNRP Assured of No Roadblocks During Demonstration

Opposition CNRP lawmaker-elect Mu sochua last night emerged from a meeting with Phnom Penh City Hall representatives proclaiming that she had the assurance of the Municipal police chief that there would be no roadblocks in or around Phnom Penh during the opposition’s three-day demonstration starting ss='cambodia-color'>...

Khuon Narim and Matt Blomberg
http://www.cambodiadaily.com/elections/cnrp-assured-of-no-roadblocks-during-demonstration-45698/

Keep striking for $160, Rainsy urges

Ahead of today’s Ministry of Labour announcement of a minimum wage increase for Cambodia’s apparel sector, opposition leader sam Rainsy yesterday urged striking workers in svay Rieng province to hold out until their monthly salary is raised to $160. “[Garment] workers should not return to work ss='cambodia-color'>...

Mom Kunthear, Sean Teehan and James Hall
http://www.phnompenhpost.com/national/keep-striking-160-rainsy-urges

Singapore Invests in New Cambodian Bank

An investment company owned by the singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ss='cambodia-color'>...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

Petitions piling up for King

Pressure on King Norodom sihamoni to delay today’s planned opening of the National Assembly ratcheted up a few notches over the weekend as the Royal Palace received two rounds of petitions allegedly representing close to 500,000 citizens requesting more time for party negotiations. The Cambodia National ss='cambodia-color'>...

May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/national/petitions-piling-king

Workers split on call to rally

Union workers and leaders appeared divided yesterday on the question of whether to support the opposition party’s planned three-day demonstration at Freedom Park. Campaign promises from the Cambodia National Rescue Party to raise minimum monthly salaries to $150 seemed to have struck a chord with garment ss='cambodia-color'>...

Chhay Channyda and Sean Teehan
http://www.phnompenhpost.com/national/workers-split-call-rally

A protest economy emerges

By 10am, Siv Lin, the owner of a mobile food Stall facing Phnom Penh&rSquo;S Freedom Park, had prepared all the rice, pork, eggS and vegetableS needed to Serve yeSterday&rSquo;S regular lunch crowd. It waS a normal day. But on September 7, when thouSandS of oppoSition Cambodia SS='cambodia-color'>...

Hor Kimsay and Anne Renzenbrink
http://www.phnompenhpost.com/business/protest-economy-emerges

Palm oil plantation accused of withholding workers’ pay

More than 20 families working on a controversial palm oil plantation in Ratanakkiri province owned by the Hoang Anh Lumphat company have filed a complaint with rights group Adhoc accusing the owners of improperly withholding one month’s pay. Lor sophal said he and another 22 families, ss='cambodia-color'>...

Aun Pheap
http://www.cambodiadaily.com/news/palm-oil-plantation-accused-of-withholding-workers-pay-53520/

EU Calls for International Probe Into Election

In the strongest international reaction to the contested result of July’s national election yet, the European Parliament passed a resolution on Thursday calling on Prime Minister Hun sen’s government to conduct an independent, internationally led investigation of the election and the killing of five garment ss='cambodia-color'>...

Denise Hruby
http://www.cambodiadaily.com/news/eu-calls-for-international-probe-into-election-50850/

CNRP again campaigns on secret CPP defections

Opposition leaders sam Rainsy and Kem sokha again divided campaigning responsibilities for the May 18 council elections Monday, with Mr. Rainsy touring parts of Kratie province in the morning and Mr. sokha leading supporters in a march through Phnom Penh in the evening. In a meeting ss='cambodia-color'>...

Mech Dara
http://www.cambodiadaily.com/news/cnrp-again-campaigns-on-secret-cpp-defections-58125/

Petrol prices squeeze domestic consumers

Soaring priceS for gaSoline and goodS have hurt Some Cambodian conSumerS, cauSing what economiStS have Said waS a drop in the living Standard of the Kingdom&rSquo;S lower-income population. GaSoline traded at 5,300 riel per litre in Phnom Penh yeSterday, an increaSe of about&nbSp; 12 percent SS='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011080350825/Business/petrol-prices-squeeze-domestic-consumers.html

Kingdom's exports up 42% on garments, food

Cambodia’s total exports surged 42 per cent through November to Us$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011122653607/Business/kingdoms-exports-up-42-on-garments-food.html

Chevron talks oil production

Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President steve Glick, who has been in his present role in Phnom Penh for about ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011080450868/Business/chevron-talks-oil-production.html

Angkor Wat Visits Up on Asia Tourist Arrivals

THE number of international tourists visiting siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, south Korea, China and Japan. some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011082251171/Business/angkor-wat-visits-up-on-asia-tourist-arrivals.html

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