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Government Probes 2,000 Hectare Land Grab

Government officials in Kompong Thom province said yesterday that they are investigating the ownership of more than 2,000 hectares of land currently being held by an unknown number of individuals who are suspected of illegal land grabbing. An Agriculture Ministry official pointed the finger of ...

Building’s owner unknown

Amid safety fears in the construction industry, authorities yesterday refused to reveal the owner of a brand-new industrial building that crashed to the ground in Phnom Penh on Sunday, just days before hundreds were to have set foot in it. Sen Sok district governor Khoun Sreng ...

http://www.phnompenhpost.com/index.php/2012030754899/National-news/buildings-owner-unknown.html

Railway project suffers a blow

The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...

http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html

Malaria money sits idle

Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...

Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0

US denies conspiracy to topple Cambodian government

The US Embassy yesterday hit back at unsubstantiated claims of a United States-backed conspiracy to topple the government disseminated by pro-government media outlet Fresh News, even as local news reported that the Interior Ministry would investigate the purported plot.​   ...

Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/us-denies-conspiracy-topple-cambodian-government

Subsidies spark cheaper energy

Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...

Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy

Amendments to Law on Trade Unions passes NA unchanged

The National Assembly on Tuesday unanimously approved the draft law on amendments to 10 articles of the Law on Trade Unions without making any changes – a move that some unions said failed to address workers’ concerns. Reading a prepared statement during the plenary session ...

Mech Dara
https://www.phnompenhpost.com/national/amendments-law-trade-unions-passes-na-unchanged

Government to ramp up provincial budgets by $276 million next year

The government will ramp up the budget for provinces by more than $276 million next year to provide high quality and efficient services to the public, an increase of 32.28 percent from this year’s budget.​ Public Functions Minister Pich Bunthin yesterday said at a workshop ...

Sun Mesa
https://www.khmertimeskh.com/50667589/government-to-ramp-up-provincial-budgets-by-276-million-next-year/

PP-SHV Expressway on track for completion in early 2023

The construction of the $1.9 billion Phnom Penh-Sihanoukville Expressway, which broke ground at the end of March, is on track to be completed by early 2023, Ministry of Public Works and Transport spokesman Vasim Sorya said on Monday. The 190km high-speed highway linking the capital ...

Hin Pisei
https://www.phnompenhpost.com/business/pp-shv-expressway-track-completion-early-2023

EU ambassador expresses hope for Kingdom retaining EBA status

New EU ambassador to Cambodia Carmen Moreno met with National Assembly president Heng Samrin and expressed her interest in helping Cambodia retain the “Everything But Arms” (EBA) agreement. Moreno paid a courtesy call on Samrin at the National Assembly on Tuesday on her first day ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/eu-ambassador-expresses-hope-kingdom-retaining-eba-status

Sinking feeling on river's edge

About 50 villagers in Kandal province protested yesterday in an attempt to halt the activities of a Vietnamese sand-dredging company, which they said has caused a huge swath of their land to slide into the Mekong River. Residents of Kien Svay district’s Koh Prak village said ...

http://www.phnompenhpost.com/index.php/2012082758300/National-news/villagers-allege-dredging-caused-landslide.html

Hey, waiter!

While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...

ASEAN's newest look for cash

Younger Southeast Asian countries will look for a means of filling the financial gap between poorer mainland ASEAN members and more developed states this week during the 44th ASEAN Economic Ministers Meeting, which kicked off today. at the five-day meeting which Prime Minister Hun Sen was ...

http://www.phnompenhpost.com/index.php/2012082758284/Business/asean-ministers-seek-to-fill-financial-gaps.html

Ocean Garment Workers Occupy Factory

About 2,000 workers at Ocean Garment factory continued their ongoing strike yesterday by staging a sit-in on the premises of the factory in support of five union leaders facing prosecution for their role in recent protests. Workers began the sit-in yesterday after rumors spread that ...

Future Telecommunications Regulator Will Face Challenges

A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...

Four Charged in Infantry General's Drug Case

A high-ranking army official, his driver and two others were charged with drug trafficking yesterday following a series of arrests over the weekend and a raid that yielded nearly 5kg of methamphetamine. Questioning of the four by prosecutors at the Phnom Penh Municipal Court finished yesterday ...

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Firms Need to Improve Accounting Standards

Cambodia’s businesses need to dramatically improve their accounting standards if they are to attract interest from investors abroad and reach the standards necessary to list on the recently launched stock market, experts and government officials said yesterday. Speaking at the National Conference on Accountancy in Phnom ...

Cambodia Import-Export The First Half Year Analysis

Although the Cambodian government has projected Gross Domestic Product (GDP) of around 7 percent this year, a bit higher than come other international financial organizations like the Asian Development Bank (ADB) and the International Monetary Fund (IMF), it does not mean that the country’s projection could not ...

http://www.cambizreview.com/

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