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IMF says Cambodian economy to grow 6.5 per cent, but warns of risks

Cambodia’s economy is expected to grow 6.5 per cent in 2012, up from 5.75 per cent last year, the International Monetary Fund said in its annual review, adding that government policies to boost the investment climate were paying off. However, in its assessment, which was released ...

http://news.monstersandcritics.com/business/news/article_1693231.php/IMF-says-Cambodian-economy-to-grow-6-5-per-cent-but-warns-of-risks

New law set to benefit those working in the private sector

Workers and employees in the private sector will receive the same benefits as those in the public sector if they pay their income tax and fulfill other legal requirements. The recently passed Law on Social Security Schemes states that workers and employees in the private ...

Long Kimmarita
https://www.phnompenhpost.com/national/new-law-set-benefit-those-working-private-sector

No Access to Kratie Village After Killing

The village in Kratie province where a teenage girl was shot dead by government security forces on Wednesday remained completely sealed off to independent observers on Friday, drawing concerns from human rights workers that the government had imposed a state of martial law in the ...

Gov't Denies Flouting Ban on Concessions

The government on Friday denied it had violated a moratorium on granting new land concessions when Prime Minister Hun Sen signed off on more than 20,000 hectares of land to three rubber companies 11 days after the ban was announced on May 7. According to documents ...

Critics dismiss Hun Sen’s pledge as empty promises

Prime Minister Hun Sen made a bold pledge to the hundreds of thousands of Cambodian villagers fighting companies for their homes yesterday, ordering that in every economic land concession across the country, space must be provided for those they would displace. But last month’s royal book ...

http://www.phnompenhpost.com/index.php/2012061556819/National-news/critics-dismiss-hun-sens-pledge-as-empty-promises.html

No Plan to Shut Beehive Radio, Gov’t Says

As questions linger over the fate of the independent Beehive Radio station in the wake of its owner’s arrest, a government official yesterday insisted there were no plans to stop it from broadcasting, despite its often critical stance toward the ruling party. “No plan to shut ...

Trafficked numbers rising

Their stories have become all too familiar – Cambodian fishermen enslaved on fishing boats after being promised lucrative jobs overseas. They’re also becoming increasingly common. Anti-trafficking NGOs told the Post this week that they have noticed an exponential increase in the number of trafficking complaints from ...

Danson Cheong
http://www.phnompenhpost.com/2013052265773/National/trafficked-numbers-rising.html

Troubles for Tonlesap Air

About two months after Phnom Penh-based Tonlesap Airlines suspended its chartered flights, the local carrier’s future seems as cloudy as ever. Vann Chanty, the director of air transport with Cambodia’s State Secretariat of Civil Aviation, said yesterday that the airline had not resumed operations and that ...

http://www.phnompenhpost.com/2013061766300/Business/troubles-for-tonlesap-air.html

Telecom Cambodia Suffers Amid Competition

State-owned Telecom Cambodia lost more than $40 million during the five-year tenure of director general Lao Saroeun, who is now set to move into a new government job despite an investigation into alleged corruption at the company, officials said yesterday. Speaking at the annual meeting ...

http://www.cambodiadaily.com

Housing development on Cambodian islands not the right time yet

Although currently there are a lot of development projects for resorts and guesthouses on various islands off Cambodia’s coast, experts say it is not the right time for such developments. Po Eavkong, managing director of Asia Real Estate Cambodia, said the development activities on islands in ...

http://www.phnompenhpost.com/2013062066370/Real-Estate/housing-development-on-cambodian-islands-not-the-right-time-yet.html

Social media shows election day muscle

Illustrating a rapidly changing information network in Cambodia, social media played a major role yesterday, as images and videos that appeared to depict fraudulent election activity went viral on Facebook and Twitter. Videos of voters washing off the supposedly indelible security ink used to identify those ...

http://www.phnompenhpost.com/national/social-media-shows-election-day-muscle

GL to buy Cambodian firm

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/378183/gl-to-buy-cambodian-firm

Cambodian opposition stages second big poll 'fraud' protest

Thousands of Cambodians are protesting, for the second weekend in a row, against the ruling party’s narrow election win in July. Opposition leader Sam Rainsy said demonstrations would continue until vote irregularities were investigated. Police used water cannons to disperse protesters who tore down barricades near the ...

BBC News Staff
http://www.bbc.co.uk/news/world-asia-24098788

‘SolarTuk’ coming in March

Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/%E2%80%98solartuk%E2%80%99-coming-march

Factory Owners Slam Government Over Handling of Strikes

Members of the Garment Manufacturers Association of Cambodia (GMAC) said during a conference Sunday that they are “fed up” with the government for not controlling strikes by labor unions. “All of us have the same issue: illegal strikes,” Van Porphin, a member of GMAC’s executive committee, ...

Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/news/factory-owners-slam-government-over-handling-of-strikes-49352/

Hun Sen, Tan Dung Sign 9 Agreements During Vietnam State Visit

Prime Minister Hun Sen on Thursday signed off on nine wide-ranging deals with his Vietnamese counterpart Nguyen Tan Dung during a state visit that ends Saturday, including arrangements to tighten media, public security and trade cooperation, according to Cambodian and Vietnamese state media. Cambodian state news ...

Zsombor Peter
http://www.cambodiadaily.com/news/hun-sen-tan-dung-sign-9-agreements-during-vietnam-state-visit-49735/

For factory, solar power runs show

Resembling a giant Rubik’s cube under construction, the solar-powered factory in Phnom Penh’s Por Sen Chey district will be completely off the grid. Some 1,350 solar panels, each one capable of generating 100 watts per hour of sunlight, cover the three-story building. In a few months, ...

Daniel de Carteret
http://www.phnompenhpost.com/business/factory-solar-power-runs-show

Anti-dam activists set to block workers’ arrival

Members of an ethnic minority in Koh Kong province’s Areng Valley stood watch Thursday to block a road leading to the site of a proposed dam after they heard that Chinese workers would inspect the site, community representatives said. Villagers believe that the Chinese company Sinohydro ...

Khuon Narim
http://www.cambodiadaily.com/news/anti-dam-activists-set-to-block-workers-arrival-56442/

Sam Rainsy calls for renewed efforts at Cambodian political resolution

Cambodia’s opposition leader Sam Rainsy, fresh from a trip to the European Union, called Wednesday on the country’s ruling party to return to the negotiating table in a bid to end a nine-month political standoff since disputed elections last year. Sam Rainsy said that EU leaders ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/resolution-04302014181732.html

More than 100 garment workers in two factories faint en masse

More than 100 garment and shoe factory workers fainted in two separate incidents Thursday, the first reported factory faintings of the year, according to local officials. Eighty-two garment workers fainted at the Crystal Martin factory in Kandal province after inhaling fumes from leaking battery acid, a ...

Aun Pheap
http://www.cambodiadaily.com/news/more-than-100-garment-workers-in-two-factories-faint-en-masse-53332/

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