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Brighton Mining Group to acquire Cambodian gold mining assets

Brighton Mining Group (ASX: BTN) has completed negotiations for the acquisition of a major interest in gold mining assets held directly or indirectly by Brighton Mining Limited (BML), boosting its concession holdings in Cambodia. These include the interest of BML in the Cambodian concessions held by ...

http://www.proactiveinvestors.com.au/companies/news/19766/brighton-mining-group-to-acquire-cambodian-gold-mining-assets-19766.html

Ethnic Bunong Families Seek Solution to Communal Land Dispute

Three ethnic minority communities in Mondolkiri province’s Pech Chreada district are drafting a petition to send to provincial authorities in an attempt to resolve a land dispute in which part of their communal land has been granted to other communities and private landowners. In June, officials ...

Kuch Naren
http://www.cambodiadaily.com/news/ethnic-bunong-families-seek-solution-to-communal-land-dispute-45669/

Courts Resurrect Land Disputes After Election

The Kompong Chhnang Provincial Court has summoned for questioning three villagers accused of torching in May a shed on disputed land granted to the wife of Mines and Energy Minister Suy Sem. The case is another example of courts resurrecting longstanding land disputes that had gone ...

Kuch Naren
http://www.cambodiadaily.com/news/courts-resurrect-land-disputes-after-election-49671/

For underpaid teachers, a desire for dignity

Hang Mao was among more than 11,000 Phnom Penh public school teachers who were told two weeks ago that corruption in the classroom would no longer be tolerated. The message came from senior city officials, including Phnom Penh Governor Pa Socheatvong and municipal education director Chea ...

Phann Ana
http://www.cambodiadaily.com/news/for-underpaid-teachers-a-desire-for-dignity-51857/

Australian media cite Hun Sen Facebook page on refugee deal

A post on a Facebook page that Prime Minister Hun Sen has denied is his own was cited Tuesday by both the Sydney Morning Herald and Australia’s national broadcaster as having officially announced the Cambodian government’s agreement to resettle asylum seekers held by Australia. Mr. Hun ...

Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/australian-media-cite-hun-sen-facebook-page-on-refugee-deal-59229/

Cintri defends fee irregularities to Anti-Corruption Unit

The company responsible for collecting Phnom Penh’s trash has defended its erratic pricing structure in response to an inquiry from the Anti-Corruption Unit (ACU), which says that numerous complaints have been filed by small business owners. The ACU sent a letter to Cintri (Cambodia) Ltd. on ...

Khuon Narim
http://www.cambodiadaily.com/news/cintri-defends-fee-irregularities-to-anti-corruption-unit-56153/

Kingdom nears ASEAN needs

Cambodia has met 70 per cent of the basic requirements needed to join the ASEAN Economic Community (AEC), Prime Minister Hun Sen said yesterday, referring to a recently updated report issued by the economic block. The Kingdom ranked third in preparedness among the 10 ASEAN member ...

http://www.phnompenhpost.com/index.php/2012021754563/Business/kingdom-nears-asean-needs.html

Puma officials go to Cambodia after factory shooting

German sportwear maker Puma sent officials to investigate working conditions in Cambodia after a local woman working for one of its suppliers was shot during a labour protest on Monday. The woman, who was employed by Kaoway Sports, was shot during a protest by employees of ...

http://www.reuters.com/article/2012/02/23/puma-cambodia-idUSL5E8DN8S820120223

IMF Report Cites Key Economic Reforms

Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...

Bonsues 'won't' end strikes

A pay rise for the nation’s garment workers is imminent, but if recent strikes are anything to go by, the US$10 monthly increase from September 1 won’t be enough to stop them from walking off the job. Central to the demands of strikers at four garment ...

http://www.phnompenhpost.com/index.php/2012082858320/National-news/bonuses-wont-end-strikes.html

Construction sector investment soars

Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 8s-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this ...

LG looks to introduce Optimus G soon

One of the top three manufacturers of mobile phones for the Cambodian market, LG, is likely to roll out its new flagship product, the Optimus G, by the end of the year. Success in the smartphone market would signal a successful turnaround for LG. Prior ...

http://www.phnompenhpost.com/index.php/2012092758949/Business/lg-optimus-g-coming-soon.html

Hun Sen says Hydropower Is the Key to Stable Electricity Prices

Cambodia’s focus on hydropower will reduce its independence on oil and ensure nationwide access to electricity at a stable price, Prime Minister Hun Sen said in a speech Saturday during the inauguration of a $47.1 million hydropower dam in Koh Kong province. However environmental groups ...

http://www.cambodiadaily.com

Phnom Penh Asean Meeting Braced for More S China Sea Talks

A dispute over territory in the South China Sea is once again set to hang over talks when China and the U.S. join in on a week of high-level Asean meetings that start in Phnom Penh on Friday. So far, the Ministry of Foreign Affairs has ...

Export diversity induces growth

In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...

http://www.phnompenhpost.com/index.php/2012102459390/Business/export-diversity-induces-growth.html

Second Factory Manager Arrested for Lese Majeste

A second Chinese garment factory manager was arrested yesterday for destroying a photograph of the late King Norodom Sihanouk, while the woman who destroyed pictures of the late monarch at the factory in Phnom Penh on Monday was convinced and given a one-year suspended sentence, officials said. Employed ...

Walmart and H&M Suppliers Pay Workers at Closed Cambodia Plant

Suppliers to Wal-Mart Stores Inc. (WMT) and Hennes & Mauritz AB (HMB) agreed yesterday to pay about $145,000 in back wages and severance to about 160 workers at a Cambodian factory that closed in November, a labor activist involved in the deal said. The agreement, which ...

http://www.bloomberg.com/news/2013-03-02/wal-mart-and-h-m-suppliers-pay-workers-at-closed-cambodia-plant.html

A smooth ride?

It’s not a claim every country can make, but Cambodia builds its own cars. A country known for its low-skilled workforce, the Kingdom exceeded expectations with its January release of the Angkor Car, a mini-electric vehicle able to get up to 300 kilometres per charge. ...

http://sea-globe.com/a-smooth-ride-2/

Mangrove ‘bulldozed for rubber plantation’

Some 1,200 hectares of flooded mangrove forest in two communes of Kampong Cham province have been bulldozed and filled in, robbing more than 700 families of the long-standing source of their livelihood, villagers there said yesterday. Villagers in Tuol Snuol commune in Kroch Chhmar district and ...

Phak Seangly
http://www.phnompenhpost.com/national/mangrove-%E2%80%98bulldozed-rubber-plantation%E2%80%99

Canadia, Cambodia Post to Launch New Bank

Canadia Bank PLC and Cambodia’s postal service are expected to open a commercial bank next month with financial backing from one of Singapore’s largest financial institutions, officials and sources with knowledge of the venture said Thursday. The bank, known as Cambodia Post Bank PLC, will provide ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/canadia-cambodia-post-to-launch-new-bank-40699/

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