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Rubber draft law addresses regulatory holes

The government is drafting a rubber law to regulate the sector in response to the rapid growth of rubber plantations across the country, an official said. Ly Phalla, director general of the General Directorate of Rubber at the Ministry of Agriculture, Forestry and Fisheries, said officials ss='cambodia-color'>...

http://www.phnompenhpost.com/2013042665257/Business/rubber-draft-law-addresses-regulatory-holes.html

ADB advises region to combine grids

Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ss='cambodia-color'>...

http://www.phnompenhpost.com/2013053165966/Business/adb-advises-region-to-combine-grids.html

Cambodia predicts 7.6 percent GDP growth in 2013

Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.s. dollars and ss='cambodia-color'>...

http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm

Cambodian insurance industry sees 25 pct growth in first half

Cambodia’s insurance sector earned a total premium of 22 million U.s. dollars in the first six months of the year, up 25 percent from the 17.6 million U.s. dollars it made over the same period last year, the industry’s figures showed Tuesday. The premiums were from ss='cambodia-color'>...

http://news.xinhuanet.com/english/business/2013-08/06/c_132607310.htm

Cambodia feels drop in Asian rubber prices

The end of export restrictions in Thailand and a lowering of economic growth forecasts out of top rubber importers China, the United states and Germany have caused natural rubber prices around Asia − and in Cambodia’s local industry − to fall from a two-month high. Future ss='cambodia-color'>...

http://www.phnompenhpost.com/2013060666093/Business/cambodia-feels-drop-in-asian-rubber-prices.html

A lesson in caution

After nearly 50 garment workers were killed last year while travelling to or from their respective factories, the Ministry of Labour has urged truck drivers who cram dozens into the back of vehicles each day to take more care on the roads. In an information session ss='cambodia-color'>...

Sen David
http://www.phnompenhpost.com/national/lesson-caution

CPP, CNRP second meeting produces three point agreements

Monday morning’s meeting held at the National Assembly between the ruling Cambodian People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) leaders ended around 1:30 in the afternoon, producing a joint agreement by both parties. After the meeting the two opposing party senior officials announced ss='cambodia-color'>...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2I5NDNkMTg5NWE

Out with the old: factory

Amid concerns of legal violations on the part of their employer, about 400 workers at the UsA Fully Field garment factory in the capital’s Meanchey district accepted payouts for their factory closing – even though it hasn’t. Workers protested last week in fear that the factory ss='cambodia-color'>...

Mom Kunthear
http://www.phnompenhpost.com/national/out-old-factory

ADB provides 3 mln USD to Cambodia for flood relief

The Asian Development Bank (ADB) is providing emergency humanitarian assistance of 3 million U.s. dollars to help Cambodia recover from devastating floods that have affected 1.7 million people and caused an estimated 1 billion U.s. dollars in damage, the Bank said in a statement on ss='cambodia-color'>...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/20/c_132903465.htm

Pepsi sugar draws ire

Investors in drinks giant PepsiCo have filed a shareholders resolution urging the company to account for alleged land-rights violations in Cambodia. The 14 shareholders – including Oxfam – are increasing the pressure on PepsiCo following Coca-Cola’s pledge earlier this month of “zero tolerance” towards land grabs. An ss='cambodia-color'>...

Daniel Pye
http://www.phnompenhpost.com/national/pepsi-sugar-draws-ire

Interior minister says opposition divided over negotiations

Interior Minister sar Kheng on Monday blamed stalled negotiations over the disputed results of July’s national election on divisions within the opposition CNRP, whose leaders he said were of two minds about resuming talks. Top-level talks between Prime Minister Hun sen and CNRP President sam Rainsy, ss='cambodia-color'>...

Hul Reaksmey
http://www.cambodiadaily.com/archives/interior-minister-says-opposition-divided-over-negotiations-49394/

Expired meds missing: officials

Officials from svay Rieng’s provincial health department are rounding up expired medications that medical staff and villagers are believed to have pocketed while clearing a stockpile near the provincial hospital on Wednesday, local health officials said yesterday. Provincial medical staff alerted the provincial health department after ss='cambodia-color'>...

Khoun Leakhana
http://www.phnompenhpost.com/national/expired-meds-missing-officials

Taiwanese bank now owns 70 pct of UCB

Taiwan’s E. sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ss='cambodia-color'>...

Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb

Hope for freedom of information?

Representatives from civil society and the opposition gathered yesterday to push for the adoption of an access to information law – a move that comes less than a month after Prime Minister Hun sen urged the Ministry of Information to hasten its development. Two laws dealing ss='cambodia-color'>...

Chhay Channyda
http://www.phnompenhpost.com/national/hope-freedom-information

Intimidation charges levelled

Three officials from Ratanakkiri’s O’Yadav district were charged on september 10 for threatening and intimidating a villager after he filed a lawsuit related to the corrupt sale of community land in 2011, according to a letter obtained by the Post yesterday. Romas svang, 47, of Yatung commune, received ss='cambodia-color'>...

Phak Seangly
http://www.phnompenhpost.com/national/intimidation-charges-levelled

Political issues not affecting property sector, for now

Despite recent political turbulence, local investors in the Phnom Penh property sector are not deterred and are still bullish on the market’s future prospects. One good example of this local optimism is Ly Hour Group, which recently announced it would invest more than $100 million to ss='cambodia-color'>...

Siv Meng
http://www.phnompenhpost.com/real-estate/political-issues-not-affecting-property-sector-now

More houses razed in dispute

Authorities burned one house and demolished three others in the past two days in Koh Kong’s Botum sakor and Kiri sakor districts in the latest development in the long-running land dispute between villagers and Tianjin Union Development Group, community representatives and the rights group Adhoc ss='cambodia-color'>...

May Titthara
http://www.phnompenhpost.com/national/more-houses-razed-dispute

IFC investigates over ‘land-grabbing link’

The International Finance Corporation (IFC) has launched an internal investigation into a complaint lodged against the institution for investing in a Vietnamese rubber firm accused of illegal logging and land grabbing in Ratanakkiri, an NGO and villager said yesterday. Earlier this month, representatives of the IFC’s ss='cambodia-color'>...

Amelia Woodside
http://www.phnompenhpost.com/national/ifc-investigates-over-%E2%80%98land-grabbing-link%E2%80%99

Major General arrested on defamation charges

A two-star general in the Royal Cambodian Armed Forces was arrested Friday on charges of defamation, police and prison officials said Friday. On Friday, police officers from the Interior Ministry’s penal department arrested Major General Chea Dara, who works at the Ministry of Defense, following a ss='cambodia-color'>...

Sek Odom
http://www.cambodiadaily.com/news/major-general-arrested-on-defamation-charges-57434/

More Phnom Penh residents facing possible eviction

Dozens of villagers in Phnom Penh’s Russei Keo district are facing eviction after the National Cadastral Commission announced last week that a number of areas in Tuol sangke commune are earmarked for future redevelopment. The commission’s plans for new projects, including a road widening, were posted ss='cambodia-color'>...

Ben Sokhean
http://www.cambodiadaily.com/news/more-phnom-penh-residents-facing-possible-eviction-58031/

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