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Rosewood exports to Vietnam achieved with fake signatures: official

Thousands of cubic metres of endangered Siamese rosewood were sent to Vietnam in 2014 with export permits bearing the Photoshopped signature of a retired Ministry of Agriculture, Forestry and Fisheries (MAFF) secretary of state, a ministry official said yesterday. ...

Jack Davies and Phak Seangly
http://www.phnompenhpost.com/national/rosewood-exports-vietnam-achieved-fake-signatures-official

Thirty tons of fake soap chemicals seized in Kandal

Police on Wednesday busted what they believe to be an illegal soap-making operation, seizing 30 tons of illicit chemicals and arresting a Chinese national in Kandal province. The chemicals, which were held in blue vats, were discovered at a warehouse belonging to a Chinese businessman in ...

Saing Soenthrith
http://www.cambodiadaily.com/news/thirty-tons-of-fake-soap-chemicals-seized-in-kandal-province-56273/

Cambodian police burn 5.1 tons of fake medicines

About 5.1 tons of counterfeit medicines were burned down on Friday at a dumpsite on the outskirts of capital Phnom Penh by Cambodian economic police. ...

China.org.cn News Staff
http://www.china.org.cn/world/Off_the_Wire/2014-11/28/content_34177271.htm

Fake diamond leads to market sting in S’ville

A couple was arrested and sent to court yesterday after attempting to sell $38,000 in fake diamond jewellery to a gold vendor in Preah Sihanouk province, according to provincial military police.​ ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/fake-diamond-leads-market-sting-sville

Police arrest man with thousands in fake US bills

Police in Battambang province arrested a man on Saturday who was in possession of more than $2,500 in counterfeit U.S. notes after receiving complaints from market vendors he had duped earlier in the day, police said Sunday. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/police-arrest-man-with-thousands-in-fake-us-bills-93556/

Unions Trade Barbs Over Violent Factory Strike

Two rival workers unions continued to trade barbs Thursday, each blaming the other for a violent clash between striking garment workers and police at a factory in Kompong Speu province on Monday that saw eight people arrested. The Free Trade Union (FTU) has led strikes for ...

http://www.cambodiadaily.com/business/unions-trade-barbs-over-violent-factory-strike-29833/

UK Lawsuit Against Sugar Firm Heading to Trial

A lawsuit filed by families in Koh Kong province accusing U.K. sugar giant Tate & Lyle of wrongfully profiting off land stolen from them is heading to trial after efforts to mediate a settlement fell through earlier this month, according to those involved. Law firm Jones ...

http://www.cambodiadaily.com/news/uk-lawsuit-against-sugar-firm-heading-to-trial-35233/

Ethical Sugar Group Suspends Tate & Lyle Over Plantations

An international group that promotes the ethical sourcing of sugar for the food and energy industries has suspended the membership of U.K. sugar giant Tate & Lyle for failing to answer complaints that it was buying from Cambodian plantations accused of stealing land from local ...

http://www.cambodiadaily.com/news/ethical-sugar-group-suspends-tate-lyle-over-plantations-35438/

On Coast, Chinese Development Pushes Thousands From Land

Thousands of villagers in a remote district of the coastal province of Koh Kong have been evicted or are facing eviction in the face of a Chinese resort development project. Some families have moved unwillingly to relocation sites. But others are refusing to leave, setting the ...

http://www.voacambodia.com/content/on-coast-chinese-development-pushes-thousands-from-land/1708815.html

CEOs see auto, ICT, finance sectors as top growth picks

Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...

http://www.nationmultimedia.com/business/CEOs-see-auto-ICT-finance-sectors-as-top-growth-pi-30197083.html

Gov’t fights back on ‘useless’ education claim

Education Minister Hang Chuon Naron yesterday slammed opposition leader Sam Rainsy for dismissing university degrees in the country as value-less and labeling the education system one of the poorest in the world. ...

Ven Rathavong
http://www.khmertimeskh.com/news/16635/gov---t-fights-back-on----useless----education-claim/

Financial Institute of Cambodia prepares people for a career in the stock exchange

The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...

http://www.phnompenhpost.com/index.php/Special-Reports/financial-institute-of-cambodia-prepares-people-for-a-career-in-the-stock-exchange.html

Competitiveness Improves

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920

China plans to invest $5 billion to develop sea port, eco-tourism, and airport in Cambodia

PHNOM PENH: Chinese Union Group and the government of Cambodia plan to ink MoU of construction of mega-development projects in Koh Kong province, southern part of Cambodia. Environment minister Mok Mareth made the announcement upon arrival from China, where he attended APEC meeting in Tainjin on ...

http://thesoutheastasiaweekly.com/?p=5119

Factory Owners Agree to Provide More Benefits

Garment factory owners have agreed to provide workers with an additional $9 in monthly benefits for transportation, housing and attendance in order to reduce growing protests in the sector, Garment Manufacturers Association of Cambodia (GMAC) officials said yesterday. “We will provide $3 in attendance bonuses and ...

Activists Tie Saffron Robes to Trees to Protect Forest

More than 400 activists fighting the destruction of the Prey Lang forest held a ceremony yesterday in which they tied Buddhist monk’s robes around the trunks of trees – a gesture of protection – to stop them from being cut down. Six monks and villagers from ...

http://www.cambodiadaily.com/

Rubber firm is felling state forest: villagers

Villagers who confiscated land-clearing equipment during a forest patrol yesterday in Khsuem commune in Kratie province’s Snuol district are claiming the equipment belongs to a rubber concessionaire attempting to expand into state land, an allegation local authorities denied. Villager representative Mom Sokkin said the Binh ...

http://www.phnompenhpost.com/2013032664681/National/rubber-firm-is-felling-state-forest-villagers.html

NagaCorp reassures investors over Cambodia licence

Cambodian casino operator NagaCorp Ltd has taken the step of reassuring investors about its casino licence rights in the country. It stated that the deal includes an exclusive right to operate a casino (NagaWorld, pictured) in the capital Phnom Penh, and the area within a ...

GGRAsia News Staff
http://www.ggrasia.com/nagacorp-reassures-investors-over-cambodia-licence/

Chut Wutty slaying puts Timbergreen logging in spotlight

Community activists and conservationists commemorating slain environment activist Chut Wutty on the weekend used the occasion to shed light on what they allege are the shadowy practices of a logging company in the southwestern Cardamom forests. Activists amongst the hundreds of people who travelled to Koh ...

http://www.phnompenhpost.com/index.php/2012051456155/National-news/spotlight-still-on-logging-timbergreens-practices-questioned.html

Brown Coffee Chain Expands With Third Store

What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...

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