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China Donates $19M During Asean Defense Meet

As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...

Volunteers Move In to Measure Kratie Site

Two months after government security forces evicted hundreds of families from Kratie’s Broma village at gunpoint, residents who were permitted to remain there took their first steps toward legal land tenure. Scores of volunteers last week began to collect data of families in Chhlong and Snuol ...

Public, Private Sector Air Concerns on Growth

A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development Bank (ADB) and the government. According to data released ...

Missing Land Protesters Were Arrested, Charged With Fraud

Two men from Kratie province who were removed from a vehicle on Tuesday while traveling to Phnom Penh to demonstrate at Prime Minister Hun Sen’s house over a land dispute, have been arrested by internal security police and charged with fraud, an official said yesterday. Sless ...

PTT signs agreement to set up retail oil venture in Myanmar

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

http://www.bangkokpost.com/business/economics/314856/ptt-signs-agreement-to-set-up-retail-oil-venture-in-myanmar

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 ...

Migrant worker policy set to change: ministry

The Cambodian government has developed six prakases related to a controversial sub-decree that regulates the recruitment of migrant workers, but it cannot yet release the details, a Labor Ministry official said yesterday. On the sidelines of an ASEAN meeting in Siem Reap aimed at curtailing migrant worker abuses, Seng Sakada, ...

http://www.phnompenhpost.com/index.php/2012101159236/National-news/migrant-worker-policy-set-to-change-ministry-says.html

CAMBODIA: Rural poor lose out in land deals

Land governance policies in Asia, especially concessions made to private companies, are leaving the region’s poorest vulnerable to human rights abuses, experts say. “Land-grabbing by the rich and powerful continues,” Suson Bunsak, executive secretary of the Cambodian Human Rights Action Committee, said at the recent Asia ...

ADB announces 3-year pipeline to boost develpment in Cambodia

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm

Ethnic groups becoming media-savvy

One hot day in June, 2009, Ven Samin, a member of the ethnic Suoy minority in Kampong Speu province, grabbed her digital camera and headed out of the house. The 44-year-old arrived at a collection of damaged rice paddies in Oral district and began taking photos. ...

http://www.phnompenhpost.com/2013011860869/National/ethnic-groups-becoming-media-savvy.html

Cambodia inaugurates China-financed new container terminal

Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...

http://news.xinhuanet.com/english/china/2013-01/22/c_132119517.htm

Government Says New Jet Was Leased From Chinese Airline

The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...

http://www.cambodiadaily.com/news/government-says-new-jet-was-leased-from-chinese-airline-12328/

Police Surround Homes in Search of Alleged Secessionists

Dozens of police in search of two Kratie province “secessionist ringleaders” surrounded the homes of two of their relatives in Kompong Cham province for nearly 12 hours yesterday while threatening those inside, a relative of the two men said. The alleged secessionist movement has been used ...

KFC in Cambodia Makes Losses in First Quarter

The Malaysian company that operates the KFC fast food restaurants in Cambodia has announced the venture made losses of more than a quarter of a million dollars in the first three months of this year. In its first-quarter report to the Malaysian stock exchange, QSR Brands ...

Maid’s Death Believed Linked to Abuse

A Cambodian maid who recently returned home from work in Malaysia fell ill and died over the weekend, highlighting ongoing concerns over the treatment of impoverished Southeast Asian women who seek work abroad but are often abused by their employers. Kuy Lyda, 17, died at a ...

Sok Serey
http://www.rfa.org/english/news/cambodia/maid-06252012155226.html

Hun Sen Calls on Public to Help Protect Tonle Sap Fisheries

Prime Minister Hun Sen yesterday marked National Fish Day by urging the public to report anyone fishing inside the Tonle Sap conservation area he established earlier this year to help protect and revive the lake’s vital fish stocks. “People have to dare to stand up and ...

Campu and Acleda Post Strong Earnings for First Six Months

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...

Xayaburi construction forging ahead

Construction of the main structure of the supposedly on-hold Xayaburi dam could begin by the end of this year, the Thai company contracted to build it said yesterday. Ch Karnchang chief executive Plew Trivisvavet said preparatory work at the site of the proposed US$3.8 billion, 1,285-megawatt ...

http://www.phnompenhpost.com/index.php/2012081758148/National-news/xayaburi-construction-forging-ahead.html

Security puts construction on hiatus

Owners of the upscale 240 Phnom Penh condo development said yesterday that they have stopped construction, for the time being, in order to ensure the security of the nearby US ambassador’s residence. “Construction at ‘240 Phnom Penh’ luxury apartments has been temporarily suspended whilst our ...

http://www.phnompenhpost.com/index.php/2012101259270/National-news/security-puts-construction-on-hiatus.html

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

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