Service Sector
The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...
Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent
Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...
Five Arrested for Stealing Clothing in Cargo Container Heist
Five people were arrested early Sunday morning for allegedly stealing more than 8,000 articles of clothing from shipping container on its way to Phnom Penh for export to the U.S., police said. The five suspects are accused of removing the garments from the cargo container as ...
Royal Group to Import BMWs Into Cambodia
Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...
Energy Minister Defends Lower Sesan 2 Project
Energy Minister Suy Sem yesterday defended a draft law on the financing of a massive dam project in Stung Treng province which is slated for debate at the National Assembly on Friday. Environmental groups have called debate of the law premature, as no consultation with local ...
Dad ‘Threatened’ by Court
The father of three youths allegedly beaten by DM Group workers earlier this month said court officers yesterday threatened to imprison him if he did not agree to compromise with the company and drop the case. Ry Sarun appeared at Ratanakkiri Provincial Court yesterday to answer ...
http://www.phnompenhpost.com/2013052265776/National/dad-threatened-by-court.html
Former Mfone Staff Enter Second Day of Protests
About 300 former employees of bankrupt mobile phone operator Mfone continued to protest yesterday outside the company’s closed Phnom Penh offices, demanding severance payments totaling $4.4 million for 1,092 workers. But Vong Savan, deputy secretary-general of the Labor Dissolution Commission at the Ministry of Social ...
More ICT investment needed: businessmen
CAMBODIA’S economy can “leapfrog” by developing its information and communications technology (ICT) industry, but the government is not spending enough on ICT infrastructure to attract private investments, business leaders said at a seminar in Phnom Penh yesterday. “What has been seen over the last 20 years ...
http://www.phnompenhpost.com/2013032264620/Business/more-ict-investment-needed-businessmen.html
Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...
Village patrols seize land-clearing tools
Jarai villagers in Ratanakkiri’s O’Yadav district escalated the defense of their protected land this weekend, confiscating the keys and batteries of bulldozers owned by the Vietnamese company they claim has been illegally clearing the area, community leaders said yesterday. The move comes after a number of ...
http://www.phnompenhpost.com/2013050665426/National/village-patrols-seize-land-clearing-tools.html
Ads warn of H5N1 risk
Amid concerns the Pchum Ben holiday will lead to a spike in bird flu cases, health officials have begun to roll out a widespread education campaign aimed at stanching the spread of H5N1. The highly fatal flu has seen 20 cases and 11 deaths this ...
Amelia Woodside and Sen David
http://www.phnompenhpost.com/national/ads-warn-h5n1-risk
Landmines kill 19 people in Cambodia in 8 months
PHNOM PENH, Sept. 26 (Xinhua) — Landmines have killed at least 19 people in Cambodia in the first eight months of the year, down from 26 deaths over the same period last year, the figures of the Cambodia Mine Action Center (CMAC) showed Thursday. The latest ...
Xinhua
http://www.asean-china-center.org/english/2013-09/27/c_132756738.htm
Villagers accuse NGO of extortion
Three staff members of a local NGO that campaigns against resource exploitation were charged yesterday with extorting money from loggers in Stung Treng province. The three staffers from the Natural Resource and Wildlife Preservation Organization (NRWPO) stand accused of extorting groups of loggers out of at ...
Kim Sarom
http://www.phnompenhpost.com/national/villagers-accuse-ngo-extortion
‘Tsunami’ of Tobacco-Linked Deaths Predicted
The government must act now in order to avoid a “tsunami” of tobacco-related deaths in the coming years, according to the co-author of a new report on smoking that appears in the Journal of the American Medical Association on Wednesday. Research for the study, Smoking prevalence ...
Lauren Crothers
http://www.cambodiadaily.com/news/tsunami-of-tobacco-linked-deaths-predicted-50317/
New map illustrates election results
The Australian National University has posted a map of the results of last month’s elections on its website showing the different levels of popular support for the ruling and opposition parties in all provinces. Colum Graham, a PhD candidate at the ANU College of Asia and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZjIzZGRmOWM0ZjN
Laos chided for ‘Selling’ dam project
An environmental group has hit out at the Lao government for organising a tour of the proposed Don Sahong hydropower dam site, saying it should not be trying to “sell” a project that has not been regionally approved. Other NGOs have also warned of the ...
Shane Worrell
http://www.phnompenhpost.com/national/laos-chided-%E2%80%98selling%E2%80%99-dam-project
Budget to share the wealth: official
The amount of money to be allocated to commune-, district- and province-level governments is slated to rise next year in accordance with the government’s long-gestating attempts at decentralising its power. Provincial- and capital-level funding will rise to about 640.8 billion riel, with 237.2 billion riel ...
Chhay Channyda
http://www.phnompenhpost.com/national/budget-share-wealth-official
Vietnamese Shops Worry Over Possible Violence
Vietnamese business owners and managers in Phnom Penh on Tuesday said they were concerned their shops could become potential targets of ethnically motivated violence as anti-Vietnamese sentiment among protesters increases, but added they would continue to operate as normal—for now. In recent weeks, there has ...
Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/business/vietnamese-shops-worry-over-possible-violence-50301/
Union leader released
Phnom Penh Municipal Police this morning released a union leader they scooped off the street yesterday evening for allegedly leading a protest despite a ban on public demonstrations. Sok Chhun Oeung, acting president of the Independent Democracy of Informal Economy Association (IDEA), left the police station ...
Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/union-leader-released
IDEA activist denied bail
Moments after Prak Sovannary heard the Court of Appeal denied her husband’s request for bail, she sobbed over a speaker affixed to the top of a tuk-tuk, condemning the decision to about 150 supporters. “Release him! Release him!” said Sovannary, the wife of Independent Democracy of ...
Chhay Channyda and Sean Teehan
http://www.phnompenhpost.com/national/idea-activist-denied-bail