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Demand for Gold Rises as World Price Falls

Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ss='cambodia-color'>...

http://www.cambodiadaily.com/business/demand-for-gold-rises-as-world-price-falls-33097/

Tycoon to get $200 million for pig farm

To capitalise on a rising demand for pork, a state-owned Chinese company is pouring $200 million into ruling party senator and tycoon Mong Reththy’s pig farm in Preah sihanouk province. ss='cambodia-color'>...

May Kunmakara
http://www.phnompenhpost.com/business/tycoon-get-200-million-pig-farm

Ministries to Embark on Project With Microsoft

Technology giant Microsoft is expected to sign a memorandum of understanding with the Ministry of Education as well as the Ministry of Culture and Fine Arts to help build a free online Khmer-language database for users to translate documents between Khmer and other languages, a ss='cambodia-color'>...

Sek Odom
http://www.cambodiadaily.com/business/ministries-to-embark-on-project-with-microsoft-47964/

U.S. gov't launches HIV research project in Cambodia

The United StateS government on WedneSday launched a HIV reSearch project in Cambodia, aiming to collect and diSSeminate critical data that will help the country in the fight againSt HIV. Men Chean Rithy, coordinator for the newly-launched HIV Innovate and Evaluate Project, Said the U.S. provided SS='cambodia-color'>...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/us-govt-launches-hiv-research-project-cambodia

Australia asks Cambodia to take asylum seekers amid violent crackdown

The Abbott government wants to send some asylum seekers to Cambodia, at a time when the country’s strongman prime minister, Hun sen, is overseeing a brutal crackdown on dissent in one of south-east Asia’s poorest nations. Facing growing opposition after decades of authoritarian rule, Hun sen ss='cambodia-color'>...

Lindsay Murdoch
http://www.smh.com.au/federal-politics/political-news/australia-asks-cambodia-to-take-asylum-seekers-amid-violent-crackdown-20140223-33amf.html

US Group Plans To File Against Hun Sen at International Court

A group of Cambodian-Americans plans to file a criminal complaint at the International Criminal Court against Prime Minister Hun sen and senior officials, accusing them of human rights violations and obstructing justice for the victims of the Khmer Rouge. The complaint will be submitted to the ss='cambodia-color'>...

Men Kimseng
http://www.voacambodia.com/content/us-group-plans-to-file-against-hun-sen-at-international-court/1843494.html

Phnom Penh villas declining

For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html

Farmers Sue UK Sugar Firm For Millions

Hundreds of Cambodian families are suing the British sugar firm Tate & Lyle in one of the U.K’s highest courts over a pair of plantations in Koh Kong province they accuse of violently forcing them off their land and out of their homes. The British law ss='cambodia-color'>...

http://www.cambodiadaily.com

Workers Get Benefits, Not Jobs

India’s ambassador to Cambodia, Dinesh Patnaik, said yesterday that his government will pay outstanding benefits to about 30 restoration workers who lost their jobs at siem Reap province’s Ta Prohm temple in February – but will not reinstate them. The entire restoration team – more than ss='cambodia-color'>...

http://www.phnompenhpost.com/2013050965505/National/workers-get-benefits-not-jobs.html

Compulsory insurance for car owners planned

Private car owners could soon be required to buy motor insurance if a planned law amendment gets the green light, stoking optimism that such a bill could put the brakes on Cambodia’s high rate of hit-and-run accidents. Currently, only commercial vehicles, such as buses, legally require ss='cambodia-color'>...

http://www.phnompenhpost.com/2013051465590/Business/compulsory-insurance-for-car-owners-planned.html

Recruiting firm told to close

The Ministry of Labour has been ordered to permanently close the labour recruitment firm T&P following the discovery of more under-age trainees in its Kampong Chhnang centre. The move marks the first time the ministry has shut a labour reruitment firm, and follows intense criticism of ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011101452132/National-news/recruiting-firm-told-to-close.html

Indigenous groups call for a halt to forced relocations

Over100 indigenous groups from eight of the Kingdom’s provinces asked the government on Thursday to grant them land concessions instead of forcing their relocation. Celebrating the 24th International Day of Indigenous People, the groups gathered under the banner of the Indigenous People’s Migration and Movement. ss='cambodia-color'>...

Soth Koemsoeun
https://www.phnompenhpost.com/national/indigenous-groups-call-halt-forced-relocations

UN, CPP spar on political climate

In an open letter to the leaders of Asean member states and the rest of the world, the ruling Cambodian People’s Party (CPP) yesterday attacked the opposition for allegedly “undermining democracy, political stability and the image of Cambodia in the international arena.” On Monday, the government ss='cambodia-color'>...

Taing Vida and Jonathan Greig
http://www.khmertimeskh.com/news/29505/un--cpp-spar-on-political-climate/

Thaicom to sell Mfone for $100

Troubled Cambodian telecoms operator Mfone will be disposed of by its parent company, Thaicom, in the coming weeks for $100 to INT Management service Company Limited (INT), according to a filing with the stock Exchange of Thailand (sET). shenington Investment, a subsidiary of Thaicom and the ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012112259878/Business/thaicom-to-sell-mfone-for-100-by-years-end.html

Women flee from Thai karaoke parlor slavery

Two Cambodian women escaped Thailand on Friday a week after being trafficked across the border and sold into sex slavery in a Thai karaoke parlour, according to the rights group Adhoc and Anti-Human Trafficking and Juvenile Protection officials. Tan Kimrany, an officer for Adhoc’s Women’s Rights ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012061256744/National-news/women-flee-from-thai-karaoke-parlour-slavery.html

The week at the CSX August 2-8

The price of Phnom Penh Water Supply Authority Stock from the period of AuguSt 2 to 8 remained very Stable at KHR6,500 for moSt of the week after a Slight increaSe from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on AuguSt 3. Trading volumeS overall were lower SS='cambodia-color'>...

Vietnam listed in top five investors in Cambodia

The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling Us$566 million in Cambodia. AVIC has ss='cambodia-color'>...

http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ss='cambodia-color'>...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Workers Pledge to Continue Strike Action in Phnom Penh

Garment factory workers on saturday blocked street 371 in Phnom Penh’s Meanchey district for the second day and said they will continue their strike today unless factory managers give in to their demands. During saturday’s strike action, more than 3,000 workers from the s.L. Garment Factory ss='cambodia-color'>...

NGOs threaten to sue over Don Sahong dam

Environmentalists and NGOs are threatening to sue developers of a controversial hydropower dam, claiming the project would cause irreversible damage to the Mekong River. The Don sahong dam, a 260-megawatt project proposed on a site less than two kilometres north of the Cambodian-Lao border, is expected ss='cambodia-color'>...

Sen David and Laignee Barron
http://www.phnompenhpost.com/national/ngos-threaten-sue-over-don-sahong-dam

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