Cambodia and China Ink Aid, Trade Deals
Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...
Should Minimum Wage Be Market Driven or Government-Dictated?
Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...
Resume construction or refund us, Gold Tower buyers say
With no restart date in sight more than a year after construction halted on the $240 million Gold Tower 42, investors said yesterday they were forming an association to demand that their deposits be refunded if construction does not resume. Chhin Jintong, who put down a ...
Sar Kheng says parties must ‘reorient’ to save deal
Interior Minister Sar Kheng said Thursday that the ruling CPP and opposition CNRP must “reorient” and meet regularly to ensure they are not straying from the terms of last year’s July 22 political deal. In a joint press conference following a meeting with opposition leader Sam ...
Hul Reaksmey
https://www.cambodiadaily.com/news/sar-kheng-says-parties-must-reorient-to-save-deal-77002/
No plans for more refugees from Nauru
Almost three months after four refugees arrived in Cambodia from Nauru as part of a controversial resettlement deal with Australia, the Interior Ministry said on Friday that it had no plans to receive more refugees being held in the South Pacific island nation. ...
Colin Meyn
https://www.cambodiadaily.com/news/no-plans-for-more-refugees-from-nauru-2-92886/
No improvement in 'Doing Business' report
With few reforms made in the past year, Cambodia ranked 138th out of 181 countries for the second consecutive year in the World Bank’s ‘Doing Business’ report released yesterday, a ranking that put it behind countries such as Syria and Sudan. The report ranks countries based ...
Try Pheap Firm in Talks to Replicate Timber Deal
Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/try-pheap-firm-in-talks-to-replicate-timber-deal-48511/
Manulife enters Cambodia's burgeoning insurance market
Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...
No Power Leads to No Water In Sihanoukville
The water shortage that has led to tens of thousands of households in Sihanoukville without running water for the past week occurred after provincial officials decided to limit power to a water pumping facility operated by the tourist town’s privately-owned distributor, a manager at the ...
http://www.cambodiadaily.com/news/no-power-leads-to-no-water-in-sihanoukville-16858/
Farmers fear deal has strings
Forty Kampong Chhnang villagers embroiled in a long-running land dispute with KDC International, a company owned by the wife of a senior CPP official, farmed contested land without interference on Monday, prompting some to wonder if they were being coaxed to vote for the ruling ...
China’s ‘No Strings’ Aid Increasingly Attractive
The timing couldn’t have been better. After a week in which one NGO was suspended and others warned to “readjust their work,” and the World Bank was finally forced to reveal that it had stopped loaning to Cambodia, the government announced over the weekend that ...
Come floods or high waters, most MFIs continue to loan
After experiencing decades of floods, Cambodia’s microfinance institutions say they no longer have problems disbursing loans during the rainy season, according to the head of Cambodia’s Microfinance Association (CMA). A survey issued early this year by a coterie of international aid organisations, including Oxfam, Care, PACT ...
New start or sad end for Cambodia’s last free newspaper?
Saturday’s announcement of the sale of The Phnom Penh Post, Cambodia’s oldest and most respected newspaper, came as no surprise to many who had been following recent events in the country. Rumors had circulated for months about the fate of the country’s last independent English-language ...
Alan Parkhouse
http://www.atimes.com/article/new-start-or-sad-end-for-cambodias-last-free-newspaper/
UN refugee agency wants no part of Cambodia resettlement
The United Nations agency responsible for refugees has washed its hands of Australia’s controversial deal to send refugees from the tiny Pacific island of Nauru to Cambodia. ...
The Sydney Morning Herald News Staff
http://bit.ly/1HbyCqc
Deal falters, blame begins
Senior Cambodian People’s Party figures who have been at the forefront of negotiations with the opposition party yesterday offered lukewarm responses to the prospect of restarting talks that would bring an end to the opposition’s seven-month-long parliamentary boycott. Their position – that the opposition party was ...
Meas Sokchea
http://www.phnompenhpost.com/national/deal-falters-blame-begins
Round 2 at Phnom Penh's Borei Keila district
Four families who were violently evicted from Borei Keila in January last year built shelters yesterday in the rubbish where their houses once stood, claiming the land still belonged to them. The evictees erected small frames on the land, in the capital’s Prampi Makara district, irritating ...
http://www.phnompenhpost.com/2013031361918/National/round-2-at-borei-keila.html
Delay on maid deal: ministry
The Ministry of Labour plans to delay signing off on a controversial agreement to reopen a pipeline of Cambodian maids to Malaysia until a deal is reached on a second agreement regarding other migrant workers, a ministry official said yesterday. Labour Ministry spokesman Heng Sour told ...
Alice Cuddy
http://www.phnompenhpost.com/national/delay-maid-deal-ministry
Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals
Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...
Singaporean Startup to Install Streetlamps in Rural Villages
A Singaporean startup is planning to install streetlamps in three villages in Kompong Chhnang province later this year in an effort to enhance safety for people making their way home at night. Fosera Lighting is raising money through an online campaign to construct 75 solar-powered streetlights ...
More Lao land deals inked
Laos has contracted firms to build and operate another significant hydro-power plant on the Mekong River system, adding to the existing furor over potential effects on downstream countries such as Cambodia from the controversial Xayaburi dam. The contracts, reportedly worth $1 billion, are for a series of three dams making ...
http://www.phnompenhpost.com/index.php/2012102559403/National-news/more-lao-dam-deals-inked.html