Floods Claim 39 Lives; Crops, Hundreds of Schools Damaged
The death toll from flooding across the country has risen to 39, while the Mekong River remains above emergency levels in Prey Veng and Kandal provinces, a government official said on Friday. Keo Vy, cabinet chief for the government’s National Committee for Disaster Management, said that ...
Khy Sovuthy and Hul Reaksmey
http://www.cambodiadaily.com/news/floods-claim-39-lives-crops-hundreds-of-schools-damaged-44434/
IFC Ombudsman to help settle Phnom Penh airport land dispute
Representatives for the hundreds of families facing eviction from homes around Phnom Penh International Airport have agreed to let the compliance ombudsman of the International Finance Corporation (IFC), the private investment arm of the World Bank, mediate a solution to the land dispute with the ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/ifc-ombudsman-to-help-settle-phnom-penh-airport-land-dispute-53146/
Gov’t orders halt to Koh Pich expansion
The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...
Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/
Royal Group Says Cambodia Air Still on Track
Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/
Man acquitted of 2007 murder of union leader Hy Vuthy
The Phnom Penh Municipal Court on Thursday acquitted Chan Sophon of the 2007 murder of union leader Hy Vuthy, overturning a 2012 conviction and an 18-year jail sentence that rights groups and Mr. Vuthy’s own union believe was cover for the real perpetrators. The judge ...
Eang Mengleng
http://www.cambodiadaily.com/news/man-acquitted-of-2007-murder-of-union-leader-hy-vuthy-51637/
Ten million riel reward for forest arsonists
The Siem Reap provincial Department of Agriculture, Forestry and Fisheries said it will offer a 10 million riel ($2,500) reward to those who proviDe information regarding the suspects responsible for setting ablaze more than 20ha of kranhuong timber forest land in Banteay Srei district. Department ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ten-million-riel-reward-forest-arsonists
Press release: USAID launches online tools to connect citizens to municipal services in Banteay Meanchey province
On 31 March 2021, the United States Agency for International Development (USAID) issued a press release introducing the online tool “Pidor, the Smart Villagers” an Interactive Voice Response, Facebook-based chatbot that can proviDe Cambodian citizens information on public services in Banteay Meanchey province. The tool ...
United States Agency for International Development (USAID)
Toll may lose rail rights
A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...
Vocational education
By definition, Vocational education refers to the program that enables people to acquire highly transferable and development skills. It also grants people the necessary technical skill for their desired career.1 Cambodia’s vocational education plays an important role during the country’s economic structural transition and the ...
IMF cuts 2011 growth outlook to below 6%
Damage to Cambodia’s rice crop from widespread flooding earlier this year will likely cause economic growth to fall below 6 percent, according to the International Monetary Fund (IMF), which yesterday offered the lowest gross domestic product (GDP) prediction so far In a statement, the IMF chose ...
City Hall hands out Boeng Kak land titles
Marking another milestone in the years-long struggle between the government and the families of Phnom Penh’s Boeng Kak lake community, Phnom Penh Governor Kep Chuktema handed out 254 land titles to lakeside residents at City Hall on Saturday. But with the government shrouding the titling process ...
Kingdom’s consumers told to save gas
Economy and Finance Minister Keat Chhon yesterday urged consumers to limit their gasoline consumption in the face of rising prices, saying the Cambodian government would not boost the hundreds of millions of dollars he claimed it already offered in fuel subsidies. Speaking at the Ministry of ...
Aviation in the Kingdom soaring with new flights and airport plans
Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...
Cambodian Stock Exchange sees challenges, opportunities
I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power ...
http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm
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 ...
Wary of China, Companies Head to Cambodia
Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...
Construction Sector Faces Chronic Labor Shortage
Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...
http://www.cambodiadaily.com/news/construction-sector-faces-chronic-labor-shortage-19742/
Mobile Firms Agree to Stop Price Dumping
Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...
http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/
Villagers Say Homes Being Purposely Flooded
More than 120 families in Phnom Penh’s Dangkao district sent a letter on Monday to the district governor asking for his help in addressing the flooding problem that has seen some of their homes collapse and has forced many to seek temporary accommodation elsewhere, villagers ...
http://www.cambodiadaily.com/news/villagers-say-homes-being-purposely-flooded-33317/
The price of land development in Cambodia
Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...