Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
City Gives Lakeside Land Detail
City officials said yesterday that an offer of land to people living near Boeung Kak lake would not force residents to relocate, following concerns about how the city would implement Prime Minister Hun Sen’s order. Villagers won 12.44 hectares of land for on-site housing at the ...
Border Officials Ask Thailand To Stop Shooting at Loggers
Cambodian border officials urged their Thai counterparts not to shoot Cambodians who cross into Thailand illegally during a special meeting in Siem Reap city yesterday to cement border relations. The request comes as Thai soldiers have already fatally shot 11 Cambodians this year who illegally ...
Ocean Garment strike to end, workers return
More than 50 police officers exchanged heated words with Ocean Garment strikers yesterday afternoon, marching for over an hour to Phnom Penh Municipal Court in support of five worker representatives suspended by the company. Mid-protest, however, the group of more than 2,500 – who have been ...
Number of Airport Passengers Soars in 2012
The number of passengers arriving at Cambodia’s two main airports in the first eight months of the year increased 17.7 percent to more than 1.3 million people, compared to about 1.1 million people during the same period last year, figures released by Cambodian Airports show. Between ...
Neighbors Visit Boeng Kak Hunger Strikers at Prey Sar Prison
Residents of Phnom Penh’s Boeng Kak community yesterday said they visited four former neighbors now serving jail terms in Prey Sar prison for demonstrating against CPP Senator Lao Meng Khin’s real estate project and urged the women to end their reported hunger strike. A prison official, however, insisted there was ...
Economy Strong but IMF Warns of Risks
Strong exports, increasing numbers of tourists and a recovering real estate sector are driving strong economic growth this year, but the gross domestic product outlook could still be offset by an unstable global economy, weak demand from the West and an overheating banking sector, the International ...
Australian Senate Pushes for Fair Elections in Cambodia
The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...
http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/
Loans, deposits mirroring growth
Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...
http://www.phnompenhpost.com/index.php/2012072457572/Business/loans-deposits-mirroring-growth.html
Military Figure Re-Emerges as Witness in Slain Journalist's Case
The court investigating the murder of a journalist has questioned a notorious former Royal Cambodian Armed Forces (RCAF) colonel, who was last heard of serving a 10-year prison sentence for attempted murder, a court official said yesterday. The Ratanakkiri Provincial Court has this week questioned a ...
Cambodia Launches "One Tourist, One Tree" Campaign To Promote Green Tourism
Cambodia on Wednesday launched a “one tourist, one tree” campaign, aiming to promote green tourism and environment protection, Tourism Minister Thong Khon said. “We have already prepared tourism gardens in 11 provinces including cultural Siem Reap province, coastal Preah Sihanouk province and eco-tourism side in Kratie ...
http://news.xinhuanet.com/english/travel/2013-02/27/c_132196175.htm
As temperatures rise, floods to increase in Cambodia: report
Rising global temperatures could greatly exacerbate flooding in Southeast Asian countries such as Cambodia, as well as parts of Africa and South America, a new study by the University of Tokyo has found. Employing 11 different climate models, researchers found that with a mere rise ...
Melissa McMorran and Mom Kunthear
http://www.phnompenhpost.com/2013061166191/National/as-temperatures-rise-floods-to-increase-in-cambodia-report.html
Kampot pepper demand dips
Sales of Cambodia’s World Trade Organization-certified pepper from Kampot province fell to 21 tonnes at the end of this year’s harvest season, a slight decline from 22 tonnes after the end of last year’s season. Nguon Lay, president of the Kampot Pepper Association, said fast-changing ...
http://www.phnompenhpost.com/business/kampot-pepper-demand-dips
Desperate for a Cure, Thousands Flock to Child Healer
DAMBE DISTRICT, Kompong Cham Province – Lying on makeshift stretchers, seated in cheap wheelchairs, blind people wearing dark glasses, children with twisted limbs and slack jaws—all sat on the dirt clasping smoking sticks of incense and muttering quiet prayers Tuesday, hoping to be healed. Among ...
Mech Dara and Kate Bartlett
http://www.cambodiadaily.com/news/desperate-for-a-cure-thousands-flock-to-child-healer-46239/
Cambodia's Preah Vihear heritage site receives less visitors in first nine months
The number of tourists visiting Cambodia’s Preah Vihear Temple, a world heritage site, has declined by 30 percent in the first nine months of the year, tourism data showed Wednesday. The figures provided by Preah Vihear provincial tourism department said a total of 54,000 domestic and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2013-10/09/c_132782239.htm
Cambodian rice exports fall in Q1
As Thailand sells its rice reserves and reforms in Myanmar are rewarded with more access to markets abroad, Cambodia’s total exports of milled rice are on the decline, falling more than 10 per cent in the first quarter of this year compared with the same ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodian-rice-exports-fall-q1
Gov’t-aligned union’s strike quietly ended
Workers at Dongdu Textile in Phnom Penh’s Dangkor district ended a two-week strike yesterday after their bosses agreed to reinstate 11 union leaders and activists fired in January. Chhin Sony, president of the government-aligned Union of Cambodia, said more than 2,000 workers returned to the factory ...
Mom Kunthear
http://www.phnompenhpost.com/national/gov%E2%80%99t-aligned-union%E2%80%99s-strike-quietly-ended
Youth vote pushes for direct council election
Hundreds of youth activists have deployed to the provinces to collect signatures for a petition calling for an amendment to the election law that would allow direct elections for district, city and provincial councillors. The current system sees the Kingdom’s more than 11,000 sitting commune councillors ...
Vong Sokheng
http://www.phnompenhpost.com/national/youth-vote-pushes-direct-council-election
Modest campaign plans for CPP, Funcinpec
As the CNRP has taken to Phnom Penh’s streets and its provincial outposts to rally support ahead of the May 18 district, city and provincial council election, the ruling CPP said Monday it had no plans to match the opposition’s campaign push, confident that the ...
Kuch Naren
http://www.cambodiadaily.com/news/modest-campaign-plans-for-cpp-funcinpec-58129/
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...