Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/
The drugs don’t work: Despite the best efforts of the authorities, producers of fake medicines are making a killing in Cambodia
“Counterfeit medicine kills, while real medicine heals.” This was the simple but apt message selected just over a year ago for a poster campaign in Cambodia that aimed to raise awareness of the risks of counterfeit medications, as part of a government crackdown on the ...
Microfinance Firms Look to Retail Lending
While shopping for a brand-new television, 27-year-old Loek Bunhai recently bought a Sony flat-screen at the Sunsimexco retail outlet on Phnom Penh’s Monivong Boulevard for $345. But with a monthly salary of $300 from his job as a microfinance officer in Phnom Penh, Mr. Bunhai was ...
Chut Wutty's wife says he was target for murder
The wife of slain environmental activist Chut Wutty today rejected early police accounts of the circumstances around his shooting death, saying she believed he had been targeted for death for his work in protecting Cambodia’s endangered forests. Speaking to the Post by phone, 40-year-old Sam Chanthy, ...
Property Prices See First Rise Since 2009
Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...
Security forces strip, handcuff women in Kratie amid eviction
Villagers detained during a bloody crackdown in Kratie province last week in which a 14-year-old was shot dead have accused security forces of brutal acts of cruelty, including forcing pregnant women to stand naked in the sun for hours. The villagers from Pro Ma village in ...
Judgment day for B Kak 13
Thirteen Boeung Kak lake women who were sentenced to two and a half years in jail on Thursday following a lawyer-free trial that lasted just three hours will appeal their convictions, their distraught supporters said yesterday. As the reality of the trial, which rights groups have ...
http://www.phnompenhpost.com/index.php/2012052856427/National-news/boeung-kak-13-to-appeal.html
Burger King Says No Plans to Open in Country
U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...
Ahead of Titling, Hun Sen Urges Swift Resolution to Land Disputes
Prime Minister Hun Sen yesterday urged people to resolve their own land disputes to aid the progress of an ambitious land-titling project announced earlier this month. Speaking at an event in Kompong Cham province’s Kroch Chhmar district to mark National Fish Day, Mr. Hun Sen thanked ...
Mam Sonando Arrested for ‘Insurrection’
Mam Sonando, beleaguered owner of the independent Beehive Radio station, was arrested at his Phnom Penh home yesterday morning on a raft of charges relating to a so-called secessionist movement that authorities supposedly disbanded in Kratie earlier this year. More than a dozen plainclothes and uniformed ...
US looks beyond garments to deepen Cambodia trade
The biggest US trade delegation to Cambodia in decades joined Secretary of State Hillary Clinton here as the two countries look to expand their economic relationship beyond exports of cheaply produced garments. “On the economic front, there is much more room for us to grow ...
http://www.bangkokpost.com/news/asia/303886/us-looks-beyond-garments-to-deepen-cambodia-trade
With Eviction Looming, Cham Fishing Families Live in Fear
Children played along the banks of Phnom Penh’s Chroy Changva peninsula yesterday, while their parents napped under the shade of their bright yellow and blue boat homes. But members of this Cham fishing community overlooking Phnom Penh’s city space said it was a very different scene on ...
Fretting 'ASEAN-alisatinon'
The vision regional leaders have for an ASEAN Economic Community by 2015 may become clearer after this week’s Economic Ministers meeting in Siem Reap, but not everyone has a rose-coloured view of what such integration might mean for Cambodia. Students who have not mastered the ...
High Costs Cripple Trading Firms, Report Says
Import and export companies in Cambodia believe that high costs stemming from burdensome bureaucracy and poor infrastructure are putting them at a disadvantage compared to other firms transporting goods in the region, according to a recently released report by the Asian Development Bank. Surveying 39 export companies from the ...
Mekong River threatened by transport of dangerous goods
The Mekong River Commission has released a comprehensive risk analysis of the transport of dangerous goods and issued recommendations to prevent oil spills, industrial waste and other emerging threats from navigation. Developed by the MRC Navigation Programme in Phnom Penh, the risk analysis finds that the ...
PM urges factories to up wages
As the lure of Thailand grows increasingly attractive for cash-strapped and under-employed Cambodians, Prime Minister Hun Sen yesterday made a public appeal for workers to stay in the country, simultaneously urging the Cambodian market to up its competitive edge. In a speech at the inauguration of ...
http://www.phnompenhpost.com/National/pm-urges-factories-to-up-wages.html
Charcoal prices rise in urban areas
Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...
http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html
CNRP Proposes Minimum Wage Law for Garment, State Workers
The Cambodian National Rescue Party (CNRP) has submitted a new law to the National Assembly for consideration that would institute a minimum monthly wage of $150 for garment workers and $250 for civil servants, the newly formed opposition party announced at a press conference yesterday. The ...
Cambodian, Chinese entrepreneurs meet to seek business chances
The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...
http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm
Stocks still an unknown for many Cambodians
Despite interest in participating in the stock market, confusion as to how and where to invest in the Cambodia Securities Exchange still persists among many Cambodians without close ties to or backgrounds in trading. After the much-anticipated and long-delayed launch of CSX trading last week, Soun Sokret, an ...