Hun Sen spins demise of CNRP into boon for democracy
“They talk about the multi-party problem, but I want to confirm that when the one party is dissolved, there will be five parties that will replace it. That means that it will go from two parties to six parties in the National Assembly,” Hun Sen ...
Andrew Nachemson and Mech Dara
http://www.phnompenhpost.com/national/hun-sen-spins-demise-cnrp-boon-democracy
Taiwan Cooperative Bank to open Cambodia branch
Taiwan Cooperative Bank, the banking arm under Taiwan Cooperative Financial Holding Co. Ltd., received the green light from Cambodia’s central bank to open a branch in the capital city of Phnom Penh, the bank said Saturday. Cambodia, a member of the Association of Southeast Asian Nations, ...
http://focustaiwan.tw/ShowNews/WebNews_Detail.aspx?Type=aECO&ID=201209080024
Cambodia sees mixed bag for 2015
Cambodia expects the arrival of the ASEAN Community in 2015 to present challenges as well as opportunities for its people. Economic advisor to the Ministry of Foreign Affairs and International Cooperation Sok Siphanna believes that the ASEAN integrity will create more opportunity for Cambodia. “Cheap labor in ...
http://www.thejakartapost.com/news/2012/09/13/cambodia-sees-mixed-bag-2015.html
Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
European Anti-Corruption Law Could Reach Cambodia’s Oil, Forestry Sectors
New European legislation passed last month could help transparency in the extractive industries, by forcing companies to declare payments to foreign governments rich in resources For resource-rich countries like Cambodia, that means much more transparency, she said. More than 95 percent of the world’s major extractive ...
Acleda readies to open Myanmar’s first micro-finance firm
Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...
Factory name change fires up workers
More than 5,000 workers went on strike in Kandal province’s Ang Snuol district yesterday after discovering the owners had changed the name of their factory almost two years ago, a union representative said. Concerned that the name change from Tai Yeng to Tai Nan in 2010 ...
New Phnom Penh Overpass Will Affect About 100 Families
More than 60 families will have their homes destroyed to make way for a new overpass in Phnom Penh’s Meanchey district once construction begins in June, according to a statement posted Saturday on the city’s website. The overpass spanning Monireth Boulevard will displace 66 families and ...
Mysterious excavators cleared protected area
Kampong Thom provincial authorities have confiscated more than two dozen dirt excavators in Stoung district over the past week after the machinery had been allegedly used to dig up land for development in a protected area used primarily for breeding fish. Hang Thol, a military police ...
Police Seize Excavators Used to Dig Reservoirs
A further nine excavators used in the creation of illegal reservoirs have been seized by military police in Kompong Thom province’s Stong district, bringing the total number of machines confiscated this week to 38, police said Thursday. Twenty-nine excavators were seized during raids around the Tonle ...
Tonle Sap illegal fishing increased, group says
Tonle Sap fishermen and fisheries experts said yesterday that illegal fishing on the lake had increased substantially since Prime Minister Hun Sen cancelled commercial fishing lots in March and urged authorities to crack down on violators. The prime minister suspended commercial lots across the country last ...
Construction Revival Behind Import Growth
A 22.8 percent increase in the value of imports to Cambodia this year is partly due to a high demand for construction materials, a Commerce Ministry official said yesterday. In the first 11 months of 2012, total trade in and out of Cambodia reached $12.31 billion, ...
Boat owners complain new port a burden for business
The Phnom Penh Municipality opened a new port for boat operators along the riverside in Daun Penh district yesterday in an effort to regulate operations, keep the river clean, and ensure customer safety. The new port comes three years after City Hall banned boats from docking ...
Union rep 'forced' to confess
Police released union employee Long Panha last night after taking him into custody during a clash between police officers and workers’ rights representatives near Wat Botum in Phnom Penh in which he was beaten and left bleeding from the head, NGO officials said. According to Panhapolice ...
http://www.phnompenhpost.com/index.php/2012071357393/National-news/union-rep-forced-confess.html
Government Prepares for More Evacuations Due to Flooding
Authorities are preparing to evacuate more than 150 families from Banteay Meanchey province’s O’Chrou district, should flooding in the area get worse due to heavy rainfall and runoff from a dam that opened its gates in Thailand on Monday. The families’ homes are already affected by ...
Land Concession Evictees Petition Hun Sen for Help
Representatives of 157 families evicted in 2010 from a social land concession in Preah Vihear province belonging to businessman Pen Lim, a one-time adviser to Senate President Chea Sim, were in Phnom Penh yesterday to petition Hun Sen. The families say they were forced off the ...
Sales of large home appliances rise 20 pct
Cambodian consumer spending on major domestic appliances such as air conditioners, refrigerators, washing machines and microwave ovens, saw a roughly 22 per cent year-on-year increase over the first six months of 2013, according to Germany-based research institute GfK. The rise comes alongside a 20 per cent ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/sales-large-home-appliances-rise-20-pct
Japan provides emergency aid to Cambodia’s flood victims
in response to the flood disaster in Cambodia, the Government of Japan on Monday decided to provide emergency relief goods such as generator, water purifiers etc worth 32 million yen (approximately 320,000 US dollars) to the Kingdom of Cambodia through the Japan International Cooperation Agency ...
The Southeast Asia Weekly News Staff
http://www.thesoutheastasiaweekly.com/?p=7988
European donors working on joint cooperation aid strategy
Cambodia’s European aid donors said Tuesday they are working on a new five-year “cooperation strategy” designed to increase the impact of the millions of dollars in loans and grants they give the country each year. With a combined $209 million in aid to Cambodia in 2012, ...
Zsombor Peter
http://www.cambodiadaily.com/news/european-donors-working-on-joint-cooperation-aid-strategy-54937/
Land activists ‘under threat’
Cambodian land advocates face some of the most threatening and deadly working conditions in the world, according to a new report by UK-based environmental watchdog Global Witness. Since 2002, 908 reported killings linked to land activism have occurred across 35 countries – with 13 taking place ...
Amelia Woodside and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/land-activists-%E2%80%98under-threat%E2%80%99