Government denies Koh Kong Chinese naval base ‘rumour’
Two ministries have denied plans for a Chinese naval base in Cambodia and that the Kingdom is caught in the middle of US-China “cold war”. In a press release on Saturday, a Ministry of National Defence spokesperson called the spread of information about a naval ...
Niem Chheng
https://www.phnompenhpost.com/national/government-denies-koh-kong-chinese-naval-base-rumour
Farmers and fishermen warily eye changes to climate
In the Kampong Phluk fishing village on the Tonle Sap lake, home to thousands of families in Siem Reap province, fishermen say their catch this year has been too poor to live on. Ning Ny, chief of Kampong Phluk commune, in Siem Reap, said almost ...
Sok Khemara
http://www.voacambodia.com/content/farmers-and-fishermen-warily-eye-changes-to-climate/3109070.html
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
NagaCorp casino 2016 profits show modest growth
Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth
Newly protected areas to span 1.5M hectares
The government has declared almost 1.5 million hectares as protected areas in a bid to enhance the sustainability of the ecology system and reduce the impact of climate change, according to a sub-decree signed on Thursday. The so-called Biodiversity Conservation Corridors cover a total of more ...
Touch Sokha
http://www.phnompenhpost.com/national/newly-protected-areas-span-15m-hectares
Police: farmers intended to log
Royal Cambodian Armed Forces soldiers arrested 18 Cambodian farmers trying to cross the border in Oddar Meanchey province to illegally log in Thailand on Saturday. The farmers, between 20 and 40 years old, were travelling in a rented van equipped with axes, saws and other tools, ...
New report evaluates decade of Better Factories Cambodia
A new report – 10 Years of the Better Factories Cambodia Project: A critical evaluation – has been released by Clean Clothes Campaign and Community Legal Education Center. Started in 2001, the goal of the Better Factories program is to improve the working conditions in ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=115382
Fellow villagers pray for land rights activists
Borei Keila protesters, including many who live in squalor under staircases at the site, have already been compensated for losing their homes and have no right to demand more, Suy Sophan, the owner of developer Phan Imex, told the Post yesterday. About 200 supporters from the ...
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
UN Concerned By Authorities' Use of Violence
Unprovoked violence by government and private security guards, the use of weapons to quell protests, and communities resorting to violent means in land disputes is a growing cause for concern in Cambodia, the U.N.’s Office for the High Commissioner for Human Rights (OHCHR) said in its ...
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
ADB Institute: too much focus on 2015
Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...
Virtual Sam Rainsy Slapped With Actual Fine
The Provincial Election Committee (PEC) on Monday fined opposition leader Sam Rainsy $2,500 for verbally attacking Prime Minister Hun Sen from afar during a video-link speech beamed to supporters in Phnom Penh, officials said yesterday. Mr. Rainsy, who currently lives in self-imposed exile in Paris, was ...
Confined To A Thai Fishing Boat, For Three Years
Cambodian Vannak Prum’s destiny changed in a dirt-road town called Malai. It’s a Cambodian outpost on the border with Thailand that is known for its involvement in the trafficking of human beings. Prum arrived in Malai seven years ago searching for work. His wife was pregnant, ...
http://www.npr.org/2012/06/19/155045295/confined-to-a-thai-fishing-boat-for-three-years
Local Police Try to Shut Down Land Meeting
Local police in Ratanakkiri province’s Veun Sai district yesterday tried to shut down a community meeting in which villagers were being educated about land rights, because it was being held without permission, rights workers said. According to Pen Bonnar, provincial coordinator for rights group Adhoc, two ...
Micro-lender Plans to Become Commercial Bank
Amret, one of the largest micro-finance institutions (MFIs) in the country, has announced that it is making plans to raise the capital required to become a full commercial bank by 2015, an official at the institution said yesterday. Chea Phalarin, CEO of Amret, said the decision to expand ...
Cambodia plans to ask finance from China to build 300 to 500 km rural roads annually
Samdech Prime Minister Hun Sen said this week that he will talk with Chinese leaders especially his Chinese counterpart PM Wen Jiaboa about finance to build 300-500 km rural roads in the country in contribution of helping poverty reduction and living conditions of the local ...
Ethnic Bunong Groups Granted New Land Titles
The government has completed the communal land-titling process for three ethnic Bunong communities in Mondolkiri province living on 1,000 hectares of land in Keo Seima district, villagers and a rights group said yesterday. The three new titles-which will bring to six the total number of communal titles granted ...
China's ICBC offers RMB transfers
A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...
Hun Sen vows to intervene as dollar plunges to 3,888 riel
Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...