Slight rise in truck numbers
The total number of new trucks registered last year increased slightly, but industry insiders said that even though more trucks are needed to boost the Kingdom’s trading volume, the country’s export capacity is relatively unaffected because of trucks bought in previous years. The number of big ...
http://www.phnompenhpost.com/2013032564655/Business/slight-rise-in-truck-numbers.html
Families Foresee Rocky Road Ahead
Fourteen Phnom Penh families claimed yesterday that government maps showing their houses in the path of a road-widening project were inaccurate and would condemn them to eviction without adequate compensation. Ek Malin, 57, a representative of the community on Street 347 in Tuol Kork district’s Boeung ...
http://www.phnompenhpost.com/2013042665262/National/families-foresee-rocky-road-ahead.html
Commune officials to solve factory disputes
In response to a growing number of strikes in the country’s highly profitable garment sector, the government trained 15 handpicked commune officials yesterday to mediate and resolve factory disputes. The training was designed to teach commune councillors to defuse and resolve conflict, Buth Ji, director of ...
Phak Seangly
http://www.phnompenhpost.com/national/commune-officials-solve-factory-disputes
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Cambodia's rural communities to get sustainable energy access
The Asian Development Bank (ADB) and Government of Australia are expanding access to economical and reliable energy for rural Cambodian households, including through the promotion of cookstoves in Svay Rieng and Kampong Cham provinces. A $6.1 million Australian Aid grant, administered by ADB, will finance ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTc1MDdmNzhlNTM
New Association to Take on Illegal DVD Sales
The Motion Picture Association of Cambodia (MPAC), an independent body that aims to protect intellectual property, officially opened its doors Wednesday, vowing to put an end to the sale of pirated DVDs in Phnom Penh as its first order of business. “We are goingto serve everybody ...
Ben Woods
http://www.cambodiadaily.com/news/new-association-to-take-on-illegal-dvd-sales-48122/
Japan to Open ‘State-of-the-Art’ Hospital in Phnom Penh
Phnom Penh could have its first international-standard medical facility if a Japanese plan to construct a critical-care center equipped with state-of-the-art medical technologies and highly trained doctors, nurses and surgeons goes ahead, according to local officials and Japanese government documents. Japanese Prime Minister Shinzo Abe announced ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/japan-to-open-state-of-the-art-hospital-in-phnom-penh-48433/
Can’t see the forest …
The percentage of Cambodia covered in forest has fallen from about 72 per cent in 1973 to only about 46 per cent in 2013, satellite image data released yesterday shows. A series of animated maps that Open Development Cambodia (ODC) produced from NASA satellite images detail ...
Shane Worrell
http://www.phnompenhpost.com/national/can%E2%80%99t-see-forest-%E2%80%A6
Land activists ‘under threat’
Cambodian land advocates face some of the most threatening and deadly working conditions in the world, according to a new report by UK-based environmental watchdog Global Witness. Since 2002, 908 reported killings linked to land activism have occurred across 35 countries – with 13 taking place ...
Amelia Woodside and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/land-activists-%E2%80%98under-threat%E2%80%99
GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one
NGOs urge Gov’t to keep searching for missing Veng Sreng teen
A group of 54 local and international non-government groups said Sunday that the state may be behind the disappearance of a 16-year-old boy last seen bleeding from a bullet wound at a garment worker protest in January, and urged the government to investigate. Five garment workers ...
Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/ngos-urge-govt-to-keep-searching-for-missing-veng-sreng-teen-54760/
GMAC calls for halt to ongoing protest in Bavet’s Special Economic Zone
Garment Manufacturers Association in Cambodia (GMAC) appealed to Labor Minister Ith Samheng, and relevant institutions to immediately stop ongoing protests at Tai Seng and Manhattan Special Economic Zone in Svay Rieng’s Bavet town. Workers led by Mr. Pav Sina, President of Collective Unions of Movement of ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzcxYmUyMDJlMTl
Ibis Rice exports on horizon
The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...
Eddie Morton
http://www.phnompenhpost.com/national/ibis-rice-exports-horizon
Vietnamese carriers test routes over Cambodia
Two Vietnamese airlines have reportedly commenced flight simulations of routes over Cambodian airspace in an effort to cut travel time between that country’s two major cities of Hanoi and Ho Chi Minh. ...
Eddie Morton
http://phnompenhpost.com/business/vietnamese-carriers-test-routes-over-cambodia
Poverty line $120, gov’t says
Workers in Cambodia’s capital earning less than $120 per month are living below the poverty line, according to the Ministry of Planning’s own calculation. At a September 17 workshop on the garment industry minimum wage, International Labor Organization Cambodia national director Tun Sophorn cited Ministry of ...
Sean Teehan
http://phnompenhpost.com/national/poverty-line-120-gov%E2%80%99t-says
Cambodia receives $3m grant
Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...
Rail freight services begin
Railway freight services between Phnom Penh and Touk Meas commune, in Kampot province’s Banteay Meas district, the location of a Siam Cement factory about 40 kilometres north of Kampot town, began yesterday, finally putting the Toll Royal Railways concession on an earning basis. According to Toll Royal Railways ...
Fire Insurance Costs Soar for Garment Sector
Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...
PPWSA stock to list today
Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...
http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html
ACLEDA, Tong Yang sign MoU
Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market, the companies aimed to provide a combination of advisory and underwriting services for companies ...
http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html