Equipment Seized From Plantation at Center of UK Fraud Probe
Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...
Corruption? Not on foreign projects: PM
Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...
http://www.phnompenhpost.com/2013011560783/National/corruption-not-on-foreign-projects-pm.html
Group Lease eyes Laos, Vietnam markets
Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...
http://www.bangkokpost.com/business/financialadvice/340373/group-lease-eyes-laos-vietnam-markets
$1.3m SEZ Japanese Restaurant Opens Doors
In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...
http://www.phnompenhpost.com/2013060366009/Business/1-3m-sez-japanese-restaurant-opens-doors.html
Vietnamese firms eye overseas investment
Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...
http://vietnamnews.vn/economy/237176/vietnamese-firms-eye-overseas-investment.html
Maids to rally for rights
Half a year after the first Cambodian domestic workers network formed, Cambodian activists for maids’ rights are turning to workers in other sectors and international organisations for solidarity and support. Long lacking organised representation, Cambodian domestic workers this Wednesday will join workers in other industries in ...
http://www.phnompenhpost.com/2013042965296/National/maids-to-rally-for-rights.html
Malaysian bank eyes the affluent
A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong Bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong Bank Cambodia, ...
http://www.phnompenhpost.com/2013070866710/Business/malaysian-bank-eyes-the-affluent.html
Prey Veng Boy Confirmed as 14th Bird Flu Case This Year
A 3-year-old boy from Prey Veng province’s Kompong Trabek district has contracted avian influenza, a deadly disease that has killed seven children and two men so far this year in the largest outbreak the country has seen, the Ministry of Health said in a statement ...
http://www.cambodiadaily.com/news/prey-veng-boy-confirmed-as-14th-bird-flu-case-this-year-34758/
Cambodia investment scams rising
The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...
The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8
Cambodia’s coastal visits up
The number of foreign and local tourists who spent time in Cambodia’s coastal destinations increased in 2013, according to provincial officials in Preah Sihanouk, Kampot, Kep and Koh Kong provinces. Foreign visits swelled to 302,325, a 42 per cent rise compared with the same period ...
Chan Muy Hong
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-coastal-visits
Cambodian army voices backing for gov't as protests escalate
The Royal Cambodian Armed Forces (RCAF) on Friday voiced its support for Prime Minister Hun Sen’s government as anti-government protests have intensified in recent weeks. “The RCAF vows to support the leadership of Prime Minister Hun Sen in the fifth term government,”the Ministry of Defense ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/03/c_133017350.htm
Sanctuary bridge ‘Torched’
The burning of a bridge that provided access to the Lumphat Wildlife Sanctuary in Ratanakkiri is the handiwork of two oknhas and local environment officers, villagers have claimed. In a complaint to rights group Adhoc, members of the ethnic Lao community in Kon Mom district say ...
Phak Seangly
http://www.phnompenhpost.com/national/sanctuary-bridge-%E2%80%98torched%E2%80%99
Dam developers hit back
Hydropower developers in southern Laos have fired back at the World Wildlife Fund after the conservation group issued two disparaging reports in as many weeks on the Don Sahong dam project. WWF released a brief on February 19 alleging that construction of the 260-megawatt damcould result ...
Laignee Barron
http://www.phnompenhpost.com/national/dam-developers-hit-back
Student teachers are put back on the exam list
The Siem Reap provincial department of education, youth and sports overruled a decision by the director of the provincial teachers training center to ban two outspoken teachers-in-training from their upcoming final exam after a successful protest by about 250 of their peers Tuesday. Vin Savy, 21, ...
Ben Sokhean
http://www.cambodiadaily.com/news/student-teachers-are-put-back-on-the-exam-list-62962/
Warrant for missing tax man
The Anti-Corruption Unit on Monday ordered the arrest and imprisonment of a former Preah Vihear province tax official who was convicted in absentia in December and sentenced to three years in prison for exploiting his position for personal gain. According to the ACU’s announcement, former provincial ...
Chhay Channyda
http://www.phnompenhpost.com/national/warrant-missing-tax-man
Grave sites cleared by rubber firms: NGOs
Four Vietnamese rubber firms are responsible for destroying an estimated 1,000 hectares of community forest, including an indigenous graveyard, in Ratanakkiri’s Andong Meas district, a group of NGOs have claimed. The land dispute involving 196 families living in Talav commune dates back to 2011, Chhay Thy, ...
Phak Seangly
http://www.phnompenhpost.com/national/grave-sites-cleared-rubber-firms-ngos
Longans longing for storage
The amount of land used to grow longans has doubled in the past two years, but a lack of supply-chain infrastructure is hampering farmers’ ability to get top dollar for their product, the fruit’s body says. Sreng Sreang, deputy director of the Pailin Longan Farmers’ Community ...
Chan Muyhong
http://www.phnompenhpost.com/business/longans-longing-storage
Influx of Cambodian workers back into Thailand seen with $4 passports
A Cambodian decree slashing the passport fee for would-be migrant workers to only $4 (about Bt 120) is expected to lead to an influx of workers from the neighbouring country into Thailand. Cambodian migrant workers who have just returned to Cambodia yesterday greeted the news with ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=M2JjNjM2ZWM0NzB
Melco’s unit disposes of Cambodia assets
Nasdaq-listed Entertainment Gaming Asia Inc, a company linked to Macau casino operator Melco Crown Entertainment Ltd, is selling its assets in Cambodia. The sale includes all assets of Dreamworld Leisure with the exception of all electronic gaming machines, and prohibits any use of the Dreamworld ...
GGRAsia News Staff
http://www.ggrasia.com/melcos-unit-disposes-of-cambodia-assets/
Price woes fuel corn farmers’ fears of lackluster sales
Corn farmers and dealers in the country’s northwestern provinces fear a decline in sales this season as local storage facilities become increasingly scarce and demand from Thai importers declines. Khun Thorn, president of Ta Sdar Samky Farmer Community in Battambang province, told the Post yesterday that ...
Chan Muyhong
http://phnompenhpost.com/business/price-woes-fuel-corn-farmers%E2%80%99-fears-lackluster-sales