Drought fears ignite action
Concerns that a drought may soon grip some of Cambodia’s provinces intensified after the government allocated thousands of cubic metres of water to more than 20,000 hectares of dried rice paddies in a mission to save valuable rice crops last weekend. Although the rainy season has cloaked ...
Forest battle rages on
After a brief détente, a fight over the Prey Trolach community forest in Battambang province that has its citizen guardians and the Forestry Administration pitted against the military is back on, those working to protect the area from illegal logging said yesterday. Since it was deemed ...
ANZ chief says Cambodia should de-dollarise
ANZ chief executive Mike Smith says Cambodia should decouple the riel from the US dollar to a stand-alone currency and align itself to the Chinese renminbi (RMB), given the shift in global trade flows. At the Cambodia Outlook Conference in Phnom Penh yesterday, Smith said: “I ...
http://www.phnompenhpost.com/2013022161527/Business/anz-chief-says-cambodia-should-de-dollarise.html
Interesting times for Phnom Penh office market
Worldwide, office demand stemmed from the automotive, high-tech and energy industries. The latter is evident in Cambodia, where drilling off the coast near Sihanoukville has helped to increase office demand. Thus, companies such as Total and Chevron are large office occupiers, and new Japanese oil ...
Agriculture Sector
A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...
Cambodia: shrinking forests breed violence
Hang Serei Oudom told his 7-month pregnant wife that he was going out to meet a source. A journalist for Vorakchun Khmer Daily, he was investigating illegal logging for luxury woods in the jungles of Cambodia’s northeastern Ratanakkiri province. Three days later, on Sept. 11, he ...
Revenues up at mail service, but not locally
Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...
http://www.phnompenhpost.com/business/revenues-mail-service-not-locally
Malaysian firms urged to venture into Cambodia's agri sector
Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...
http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244
Mass Ford recall makes local dent
Some 24 Ford Explorer sport utility vehicles in Cambodia are being recalled to fix a potential fuel leak that could cause a fire, company representatives said. The move comes amid a much larger recall of 465,000 units manufactured by the Dearborn, Michigan-based automaker, raising doubts over ...
http://www.phnompenhpost.com/2013060666096/Business/mass-ford-recall-makes-local-dent.html
Bulldozers will not move us, families insist
More than 100 families living in Koh Kong’s Kiri Sakor and Botum Sakor districts are on the clock, with an official government decree demanding they vacate their land in less than two months or face the bulldozers of the Chinese firm slated to build a ...
http://www.phnompenhpost.com/national/bulldozers-will-not-move-us-families-insist
Cargo shipments up 16 pct
The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...
May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct
ADB seeks cooperation with ACU
Asian Development Bank (ADB) seeks cooperation with Cambodia’s Anti-Corruption Unit (ACU) to fight against corruption in projects that ADB funds. In a meeting Saturday between Nuon Sothimon, ACU’s department chief of juridical affairs and Lorraine Wang-Reyes, ADB’s principal integrity specialist, they discussed cooperation in combating ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NWJiMDc4OTM4MTF
Ponzi scheme suspects’ cases sent to court: ACU
Three alleged members of a money-laundering operation worth more than $11 million who were arrested earlier this year in Phnom Penh have had their cases sent to court and are now awaiting trial, Om Yentieng, head of the Anti-Corruption Unit, said yesterday. The three suspects – ...
Vong Sokheng
http://www.phnompenhpost.com/national/ponzi-scheme-suspects%E2%80%99-cases-sent-court-acu
Tycoon’s firm behind summons, soldier says
The Pursat Provincial Court has issued a summons to a soldier based on the Thai border for allegedly clearing protected land in Veal Veng district, a move the man believes was orchestrated by a company owned by tycoon Try Pheap, which is embroiled in an ...
May Titthara
http://www.phnompenhpost.com/national/tycoon%E2%80%99s-firm-behind-summons-soldier-says
Thai policy hits Cambodian cassava exports
Thailand’s restriction on agricultural imports earlier this year caused dramatic declines for Cambodia’s cassava exports during the harvest season, provincial border officials said yesterday. Cambodia’s exports of cassava reached 288,109 tonnes in the first six months of this year, a decline of 55 per cent from ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-policy-hits-cambodian-cassava-exports
Military Denies Receiving Request to Examine News Report
Senior officials at the Military Court and Ministry of Defense said Tuesday that they have not received a request from Council of Ministers Secretary of State Phay Siphan to investigate an article published in an opposition newspaper. Mr. Siphan on Monday said he had submitted a ...
Kuch Naren and Alex Willemyns
http://www.cambodiadaily.com/news/military-denies-receiving-request-to-examine-news-report-48515/
Large number of Chinese firms to join Cambodian expo
Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...
The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls
Rights Group Calls for Investigation of Thai Casino Torture Case
Local human rights group Adhoc has called on the government to investigate the alleged detention and torture of a Cambodian woman at a Bangkok casino where she was employed. In a statement released Friday, Adhoc said the government must push for a “full investigation” into the ...
Lauren Crothers
http://www.cambodiadaily.com/news/rights-group-calls-for-investigation-of-thai-casino-torture-case-49552/
Cambodian, Thai firms form business alliance
SBI Royal Securities, a subsidiary of Japanese-based SBI Holdings, has concluded a basic agreement to form a business and capital alliance with one of Thailand’s leading securities firms, in a move that could attract more investment from Cambodia’s northern neighbour. The agreement with Thailand’s Finansia Syrus ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodian-thai-firms-form-business-alliance
Kubota enters Cambodia
Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...
Nuntawun Polkuamdee
http://www.bangkokpost.com/news/asia/368267/kubota-enters-cambodia