Report Says Reforms Were Hard to Drill Home at Petrol Authority
The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...
Union boss adds another strike to plate
With a court date hanging over his head for his involvement in the Tai Yang factories strike in Kandal province, Cambodian Confederation of Unions president Rong Chhun yesterday intervened in another garment dispute, this time in Kampong Speu province. About 1,000 workers entered day five of ...
Franchise industry expands
Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...
http://www.phnompenhpost.com/index.php/2012101859294/Business/franchise-industry-expands.html
Gold Being Sold Fast as Int’l Price Drops
The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...
The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts
Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...
Trade with Thailand increases
Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...
http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html
Conviction against ‘Grandma Crocodile’ upheld
The Court of Appeal on Tuesday upheld a 2012 conviction of encroaching on public land, but significantly reduced the sentence, against businesswoman Chhin Sokountheary for illegally filling in part of a Phnom Penh lake. Ms. Sokountheary—also known as Grandma Crocodile for the crocodile farm she owns—was ...
Eang Mengleng
http://www.cambodiadaily.com/news/conviction-against-grandma-crocodile-upheld-57088/
Government tries to solve land dispute by talking from others
Several dozen families in Banteay Meanchey province involved in land dispute were given 100 hectares of replacement land in O’Chrou district yesterday, but have refused to accept it because it is already claimed by more than 230 other families, two village chiefs said. The provincial government ...
Kuch Naren
http://www.cambodiadaily.com/news/government-tries-to-solve-land-dispute-by-taking-from-others-52614/
Interior ministry blames country’s increased crime on CNRP
The total number of serious and minor crimes in Cambodia increased by 1 percent, or 27 cases, in 2013 compared to the previous year, while Phnom Penh’s crime rate rose by 62 percent, a report released by the Interior Ministry on Tuesday says—laying the blame ...
Khy Sovuthy
http://www.cambodiadaily.com/news/interior-ministry-blames-countrys-increased-crime-on-cnrp-52714/
Cambodia plans to open up bidding on 19 petroleum concessions
Cambodia plans to open bids for concessions on 19 onshore oil and gas exploration blocks to promote investment in the sector, a senior official at the country’s Ministry of Mines and Energy said on Wednesday. The Southeast Asian country is also keen to talk with international ...
Khettiya Jittapong
http://af.reuters.com/article/energyOilNews/idAFL4N0SV4F120141105
Athletes Keang Samom represents Cambodia at London Olympic
Keang Samorn will represent Cambodia in the Olympic Games marathon in London in July, Pen Vuthy, secretary general of The Cambodian Athletic Confederation said. ...
Govt may sell medical services to Cambodia
The government will likely sell a Japanese-style medical service to Cambodia in a package that includes an emergency care center, a medical graduate school and an insurance system. The government has decided to seek a market for the medical service in emerging nations in the Association ...
The Japan News Staff
http://the-japan-news.com/news/article/0000762523
IMF says GDP will grow to 6.7 percent this year
The International Monetary Fund yesterday estimated that economic growth in Cambodia would reach 6.7 percent this year, though it warned that a slowdown in the US and Europe could lead to a dip in the economy. In its world economic outlook, the IMF also predicted that ...
Wetlands clearance stopped
Sa’ang and Kien Svay district authorities in Kandal province stopped a military official from clearing an area of wetland, creating a canal that was siphoning water from a larger canal that served farmers in the area and filling in other canals, seizing a bulldozer in ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/wetlands-clearance-stopped
‘No manpower’ to move timber
Nearly 30 pieces of sralao and koki timber measuring 3m long and 30 to 40cm in diameter were found by locals at three sites in O’Raing district’s Dak Dam commune in Mondulkiri province on Tuesday. The timber was hidden in a forest around 1km from ...
Khorn Savi
https://www.phnompenhpost.com/national/no-manpower-move-timber
Hundreds of houses flooded after heavy rains
Some 800 houses in Svay Rieng province were flooded after heavy rains, with infrastructure in the province also damaged, authorities said yesterday. Men Vibol, Svay Rieng provincial governor, said multiple days of heavy rain had led to severe flooding, especially in Svay Rieng town. Many major ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/hundreds-houses-flooded-after-heavy-rains
EGA reports Cambodian casino losses
Nasdaq-listed Entertainment Gaming Asia (EGA) reported a net loss of $6.7 million for the fourth quarter of 2016, compared with a loss of $2.7 million in the same time in 2015 largely due to the cancellation of its operations in Cambodia, the company said in ...
Kali Kotoski
http://www.phnompenhpost.com/business/ega-reports-cambodian-casino-losses
Preah Vihear land dispute families block tractors
Representatives of 40 families locked in a decade-old land dispute with a Chinese sugar company in Preah Vihear province blocked tractors from clearing land that the villagers say belongs to them, while 50 families in a separate land dispute in Koh Kong took their complaints ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/preah-vihear-land-dispute-families-block-tractors
The big three. 2018 elections for Thailand, Malaysia and Cambodia
In 2018 there will be three elections in our immediate region – the much-predicted (and confirmed by the Thai PM) Thai election, another in Cambodia and one in Malaysia. All have their very local versions of democracy which will shape the outcomes. All are vital ...
Tanutam Thawan
https://www.phuketgazette.net/news/big-three-2018-elections-thailand-malaysia-cambodia
Auto parts firm Denso bets $19 million on plant
In a bid to ramp up vehicle production in ASEAN. auto parts manufacturer Denso Cambodia has announced the construction of a new $19 million plant in the Phnom Penh Special Economic Zone. The facility will produce magnetos and oil coolers with production slated to begin in ...
Chan Muyhong
http://www.phnompenhpost.com/auto-parts-firm-denso-bets-19-million-plant