Obama Signs Off on Aid Cuts to Government
A Royal Cambodian Armed Forces (RCAF) officer and his son-in-law were arrested separately on Thursday and Friday in Battambang and Banteay Meanchey province for producing tens of thousands of dollars of counterfeit U.S. banknotes, officials said Sunday. Police arrested Tang Thearith, 35, in Poipet City on ...
Alex Willemyns
http://www.cambodiadaily.com/news/obama-signs-off-on-aid-cuts-to-government-50886/
Motor insurance slows to a crawl
Insurance providers sold far fewer motor vehicle and personal accident policies in 2013 than in the previous year, sparking concern among some in the industry that the importance of being covered in case of a road accident isn’t getting through to drivers. According to the General ...
May Kunmakara and Eddie Morton
http://www.phnompenhpost.com/business/motor-insurance-slows-crawl
China developer eyes satellite city
The property behemoth in Phnom Penh has attracted a top China-based developer, Country Garden Holdings Co. Ltd, which seems keen to invest in the building of a modern satellite city that can accommodate two million people in the Kingdom. Yang Guoqiang, Chairman of Country Garden ...
Sum Manet
http://www.khmertimeskh.com/news/25509/china-developer-eyes-satellite-city/
Singapore's TA Corporation eyes China & Cambodia
Singapore-listed property and construction group TA Corporation has managed to post stellar increase in earnings in the first half of this year, despite the government’s property cooling measures TA Corporation is also aiming for further growth overseas through joint ventures in China and Cambodia “China has big ...
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1231696/1/.html
The economics of ELCs
Economic land concessions in Cambodia have a profound and negative impact upon rural households located near the plantations, severely limiting residents’ access to natural resources and causing incomes to dip by almost a fifth, a new study by the University of Copenhagen has found. The report, ...
Ethan Harfenist
http://www.phnompenhpost.com/national/economics-elcs
Factory wages remain a potential flashpoint for workers
Sok Ren lives in a tiny room in a rented house in Phnom Penh. She has not been home in two years, having decided to leave a child behind and find work in the city’s garment sector. Unions say workers need at least $177 ...
AHAVA expanding to 7 more countries
AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...
Cambodian vegetable farmers forced to compete with Vietnamese rivals
Cambodian vegetable farmers say they are being forced to compete with more efficient farmers in Vietnam who use farming techniques to make their vegetables grow faster. Farmers in Sambork Meas, a village on the Mekong River in Mokkompul commune in Bakkeng district in Kandal province, say ...
BCD Travel expands into Cambodia
BCD Travel is expanding its Asia-Pacific operations with a new office in Cambodia in partnership with Tonle Travel. BCD Travel now has offices in 18 countries in the Asia-Pacfic region. ...
Kate Youde
http://www.citmagazine.com/article/1325953/bcd-travel-expands-cambodia
Demining Rats Get All Clear to Begin Testing
The battle against landmines could soon have an unlikely new weapon after a pioneering Belgian NGO signed a Memorandum of Understanding (MoU) with the government on Monday to begin testing teams of sharp-sniffing rodents in Cambodia, with the goal of pitching them into the ongoing ...
Simon Henderson
http://www.cambodiadaily.com/news/demining-rats-get-all-clear-to-begin-testing-47951/
District Governor Questioned Over Clearing Protected Forest
The Phnom Penh Municipal Court questioned a district governor from Kampong Thom province yesterday over his involvement in clearing protected flooed forest in the province in July. Prim Rottha, Stong district governor, is one of about 20 officials who received court summonses in July over their suspected ...
Charity Calls on UK Gov’t to Act for Cambodian Workers
A report by a U.K.-based charity has highlighted the low pay of Cambodian garment workers and called on the British government to intervene in disputes involving Southeast Asian factories supplying British retailers. Restricting Rights, a report published Tuesday by anti-poverty charity War on Want, looks at ...
Conference looks at status of the Kingdom's small but growing insurance sector
While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...
Prices and Monetary Developments
Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...
Hana plugs into Cambodian market
Hana Microelectronics Plc is investing 1.5 billion baht to build a new factory in Lamphun and another in Koh Kong, the latter marking a plunge into the Cambodian market. Chief executive Richard Han also hinted yesterday that the SET-listed electronic-parts maker could relocate some production from ...
http://www.bangkokpost.com/business/economics/339371/hana-plugs-into-cambodian-market
Flooding Caused Evacuation of 31,000 Houses
More than 31,000 households were evacuated and 168 people died across 20 provinces during this year’s rainy-season flooding, according to the Humanitarian Response Forum (HRF), which released its final report on the flooding Monday. In general, flooding did not affect Cambodia as badly as in 2011, ...
Denise Hruby and Ben Sokhean
http://www.cambodiadaily.com/news/flooding-caused-evacuation-of-31000-houses-48969/
Cambodia offers best practices against trafficking
Cambodia has provided examples of “best practices” in the fight against human trafficking for a forthcoming Asean convention against the trafficking of people, experts said Friday at the close of a two-day conference in Phnom Penh on irregular migration and human trafficking. The Asean region is ...
Denise Hruby
http://www.cambodiadaily.com/news/cambodia-offers-best-practices-against-trafficking-53731/
Foreign ministry investigating allegations of service passport
A Cambodian Monk in South Korea alleged that there are some officials in the Foreign and Interior Ministries illegally issuing service passports for Cambodian migrants in order to work in South Korea, according to video footage posted by a local media outlet on Monday. The ...
Ven Rathavong
http://www.khmertimeskh.com/news/21777/foreign-ministry-investigating-allegations-of-service-passport/
Man fronts court over Pheap row
A man facing defamation charges was questioned in Kandal Provincial Court yesterday following his comments in a report that alleged tycoon Try Pheap was illegally logging. San Sen was quoted in a Cambodian Human Rights Task Force (CHRTF) report last month that implicated the tycoon in ...
May Titthara
http://www.phnompenhpost.com/national/man-fronts-court-over-pheap-row
CNRP’s first election campaign targets Kandal province
Opposition Cambodia National Rescue Party will commence its campaign for municipal, provincial, city and district council election in Koh Thom district of Kandal province on May 2, according to its spokesman on Thursday. Yem Punharith said that the campaign in Kandal province in the morning and ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ODNjMjYyNmM5OGI