As Oz proposal nears, opposition mounting
Opposition to Australia’s proposal to send refugees to Cambodia is growing, with the Australian Greens’ immigration spokeswoman yesterday saying the party would try to block it in the Senate. sarah Hanson-Young told The Sydney Morning Herald that Cambodia would be “a fundamentally unacceptable place for Australia to dump ...
Cheang Sokha
http://www.phnompenhpost.com/national/oz-proposal-nears-opposition-mounting
Major bank downgrade
Moody’s Investors Service announced yesterday it had downgraded the credit rating of ACLEDA Bank, citing the departure of two of the bank’s major investors in as many years. The loss of a second big sharehol-der in the first half of this year had led to ...
http://www.phnompenhpost.com/index.php/2011090251414/Business/major-bank-downgrade.html
Cheap gas for Cambodians rationed
Heavily subsidized prices for liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) in Thailand draw dozens of cars daily from Cambodia to refill their tanks in this Thai border town. But complaints that too many Cambodians are getting a free ride, or rather a ...
Moody’s Downgrades Acleda, Cites Risk
Ratings agency Moody’s changed its outlook on Acleda Bank’s financial strength yesterday to “negative” from “stable” and downgraded its rating of the bank’s local currency deposits to Ba2 from Ba1. The rating downgrade was applied due to changes in shareholders at the bank over the ...
Probe under way on military logging case
The Anti-Corruption Unit (ACU) has launched an investigation into an October 2010 incident in which three RCAF soldiers allegedly opened fire on Forestry Administration officials who had just confiscated a haul of illegal wood, one of the officials involved said yesterday. An RCAF official, meanwhile, said ...
Thai, Cambodian FMs meet in Bangkok on economic cooperation
Thailand and Cambodia will step up road construction, and open more checkpoints along their common borders, Thai News Agency reported on Wednesday. The resolution was made during the 8th Thai-Cambodian Joint Commission, held in Bangkok on Tuesday and Wednesday. ...
http://news.xinhuanet.com/english/world/2012-12/26/c_132064949.htm
CEDAC Introduces Guidlines
The Cambodian Centre for Study and Development in Agriculture (CEDAC) yesterday introduced techniques to prepare a good rice harvest for farmers ahead of the rainy season, CEDAC announced. Yang Saing Koma, president of CEDAC, Said farmers could improve their harvests if they follow the seven steps. ...
http://www.phnompenhpost.com/2013053065930/Business/cedac-introduces-guidlines.html
Oz Minerals Sells M'Kiri Gold Assets
After more than three years of disappointment in its search for large gold deposits in Mondolkiri province, Australian mining firm OZ Minerals has decided to sell its Cambodian assets to another Australian company In a statement to the Australian Stock Exchange, OZ Minerals said that it ...
Oz aid cuts won’t touch Cambodia
Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...
Cambodia has floor in Oz parliament debate
A spirited debate on human rights in Cambodia was heard in the Australian parliament this week after an opposition Labor Party MP introduced a motion calling on the government to condemn state violence against striking garment workers and ask authorities to release detained protesters. Clare O’Neil, ...
Kevin Ponniah
http://www.phnompenhpost.com/national/cambodia-has-floor-oz-parliament-debate
Adoption revamp in offing by Oz: report
Australian Prime Minister Tony Abbott is overhauling his nation’s overseas adoption system and wants to get Cambodia involved in the process, according to Australian media. Abbott requested Attorney General George Brandis pursue fresh agreements and adoption negotiations, including with Cambodia, Bulgaria, Latvia and Kenya, the Sunday ...
Laignee Barron
http://www.phnompenhpost.com/national/adoption-revamp-offing-oz-report
Grasslands present dilemma
A week after British researchers released a study warning that the nation’s grasslands would soon be lost if drastic action was not taken to protect them, some agricultural experts have called for moderation, noting that the intensive rice cultivation blamed for the grasslands’ destruction is ...
http://www.phnompenhpost.com/2013032664676/National/grasslands-present-dilemma.html
New Law to Support the Creation of Farmers’ Cooperatives
Agriculture Ministry officials said yesterday that they would soon complete a new law to regulate and support the creation of farmers’ cooperatives. They said the law would allow farmers to organize cooperatives, which could improve their market position and allow access to financial and technical ...
FAO Raises Paddy Production Outlook
The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...
Australia Drops Cambodian Bribery Allegations
The Australian Federal Police (AFP) have closed an investigation into suspicious payments to officials in Cambodia by the world’s largest mining company BHP Billiton, according to a report released by the Organization for Economic Cooperation and Development (OECD). Although the report, released last month, does not ...
http://www.cambodiadaily.com/business/australia-drops-cambodian-bribery-allegations-5337/
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
Birds and eggs banned from entering Thailand from Cambodia; vehicles sprayed at border points
Top officials from the Livestock Development Department inspected the work of the animal quarantine center in Sa Kaew province, located on the shared border with Cambodia. Officials at the quarantine center, situated at Ban Khlong Luek permanent border point, now implements such measures as spraying ...
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNEVN5603050010002
Thailand, Cambodia to open new border crossing in Sa Kaeo
The 5th Committee Joint Trade Meeting which was co-chaired by Thailand’s Commerce Minister Apiradi Tantraporn and her Cambodian counterpart, Sun Chanthol, discussed a wide range of cooperation which was mainly focused on trade and investment along the Thai-Cambodian border. ...
Thai Visa News Staff
http://news.thaivisa.com/thailand/thailand-cambodia-to-open-new-border-crossing-in-sa-kaeo/123699/
A $50M copper mine at Kou Sa site envisaged
Australian-listed mining firm GeoPacific announced its first resource estimate on its copper-gold project in northern Cambodia, estimating 51,000 tonnes of copper equivalent at two adjacent prospects on its Kou Sa project site. ...
Post Staff
http://www.phnompenhpost.com/business/50m-copper-mine-kou-sa-site-envisaged
Business sector feels pinch of govt's minimum wage hike
BANGKOK – The Pheu Thai-led coalition government’s planned 300 baht daily minimum wage hike has forced some businesses to shift their production bases to areas bordering Cambodia and Myanmar, the Employers’ Confederation of Thailand (ECOT) told a seminar on Monday. At a seminar on implementing the ...