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Human rights violation, deforestation evident in Cambodia’s gold mine operations over 20 years – report

A recent report by Equitable Cambodia has exposed the commercial gold mining industry’s involvement in deforestation, violation of rights, encroachment and land grab of traditional indigenous forested areas. ...

Khuon Narim
https://cambojanews.com/human-rights-violation-deforestation-evident-in-cambodias-gold-mine-operations-over-20-years-report/

Hun Manet eyes business opportunities in France during first official visit

Prime Minister Hun Manet met with President Emmanuel Macron Thursday at the Élysée Palace on the first day of his official visit to France, where he emphasized possibilities for economic collaboration between the two countries. ...

Seoung Nimol
https://cambojanews.com/hun-manet-eyes-business-opportunities-in-france-during-first-official-visit/

Chinese mango processing factory in Battambang warned for discharging sewage into stream

Battambang provincial authorities have issued a warning letter to a Chinese owner of a mango processing factory that allegedly discharged sewage into O’ Treng stream in Svay Sar Village of Treng commune in Rattanak Mondul district. ...

Sovann Sreypich and Hel Komsan
https://cambojanews.com/chinese-mango-processing-factory-in-battambang-warned-for-discharging-sewage-into-stream/

Mother Nature activists produce live podcast before hearing, urge court to summon founder to trial

Five environmental activists, charged with insulting the King and plotting against the government, produced a 30-minute podcast live on Facebook just before their third hearing to prove their innocence. ...

Khuon Narim and Seoung Nimol
https://cambojanews.com/mother-nature-activists-produce-live-podcast-before-hearing-urge-court-to-summon-founder-to-trial/

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 ...

http://www.phnompenhpost.com/index.php/2012031354994/Business/kingdoms-consumers-told-to-save-gas.html

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 ...

http://www.nytimes.com/2013/04/09/business/global/wary-of-events-in-china-foreign-investors-head-to-cambodia.html?pagewanted=all&_r=0

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 ...

http://www.bbc.co.uk/news/world-asia-21973412

Way of life vanishing: villagers

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers

Pchum Ben Prayers for Peace, Prosperity and Reconciliation

Some prayed for their businesses to prosper and for the CPP and CNRP to reconcile, others for peace and development. These and other wishes were made at pagodas across Phnom Penh and the rest of the country on Thursday, as the Pchum Ben festival got ...

Mech Dara
http://www.cambodiadaily.com/news/pchum-ben-prayers-for-peace-prosperity-and-reconciliation-44421/

Government Urged to Ease Pressure on Unions

Visiting representatives from the International Trade Union Confederation (ITUC) on Monday urged the Labor Ministry to withdraw its threat to revoke the licenses of six unions behind recent strikes, and to drop legal proceedings against union leader Rong Chhun. His visit follows garment worker protests ...

Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/government-urged-to-ease-pressure-on-unions-50492/

Cambodia's micro-lenders see 44 pct lending growth last year

Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165

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