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Fire Insurance Costs Soar for Garment Sector

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

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

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Investments in Cambodia Up

Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd

Some Return After Eviction From Coastal Resort Development

Thousands of people have been evicted from their homes to make way for a Chinese development in Koh Kong province. But some of the families have returned to their land, leaving a relocation site they say was insufficient for their needs. For families like those of ...

http://www.voacambodia.com/content/some-return-after-eviction-from-coastal-resort-development/1710875.html

Rising Demand Boosts Organic Rice Industry

Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other in­dustry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...

http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/

All quiet in Siem Reap for houses and land

Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...

http://www.phnompenhpost.com/real-estate/all-quiet-siem-reap-houses-and-land

Relatives Call On Government To Release 23 Detainees

Relatives and human rights activists on Sunday called on the government to release 23 men beaten and arrested during clashes between police and garment workers just more than a week ago, and said they would defy a ban on public gatherings if they were not. The ...

Mech Dara
http://www.cambodiadaily.com/news/relatives-call-on-government-to-release-23-detainees-50449/

Cambodian TV Fails to Cover Protests

Viewers of local television on Sunday would have had no idea the opposition CNRP was staging a mass protest, during which violent clashes with police occurred and water cannons and tear gas were used. Instead, anyone tuned into state-owned TVK or the pro-government broadcasters CTN, CNC, ...

Kim Chan and Dene-Hern Chen
http://Cambodian TV Fails to Cover Protests

Way of life vanishing: villagers

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers

Storm Kills One, Injures Two, Destroys Homes in Svay Rieng

A storm on Saturday night killed one, badly injured two others and destroyed or damaged hundreds of homes in Svay Rieng province’s Rumduol district, officials said Sunday. Ros Pharith, provincial administration director, said a rainstorm with strong winds hit the prov­ince about 8:30 p.m. [Svay Rieng ...

Ben Sokhean
http://www.cambodiadaily.com/news/storm-kills-one-injures-two-destroys-homes-in-svay-rieng-41560/

Snakebites an Under-Reported but Deadly Problem in Cambodia

n the ponds and rice paddies of the Cambodian countryside, trying to catch frogs can be deadly. Along Cambodia’s rivers, floodlands and lowlands live millions of venomous snakes, 10 species of which can be lethal if you disturb their slumber. Last week, a 13-year-old teenager from Kompong ...

Denise Hruby and Sek Odom
http://www.cambodiadaily.com/news/snakebites-an-under-reported-but-deadly-problem-in-cambodia-47812/

Report cites election day voter fraud

Voter rolls at several polling stations appear to have been “intentionally manipulated” in advance of the election to allow large groups of individuals to cast fraudulent ballots in communes where they were ineligible, according to a report released Saturday by rights group Licadho. One of the ...

http://www.phnompenhpost.com/national/report-cites-election-day-voter-fraud

PAL expects Cambodia Air deal to push through

Flag carrier Philippine Airlines (PAL) expects no more delays in the completion of the deal with Royal Group of Cambodia (RCG) to form Cambodia Airlines Co. Ltd. Yes, it should be done,” said PAL President Ramon Ang in a text message, when asked if the ...

Lenie Lectura
http://www.abs-cbnnews.com/business/09/26/13/pal-expects-cambodia-air-deal-push-through

ACU Arrests Customs Officer, Two EdC Staff

The Anti-Corruption Unit (ACU) arrested a senior customs official in Preah Sihanouk province and two Electricte du Cambodge (EdC) officials in Mondolkiri province in separate corruption cases this week, ACU and court officials said Friday. Mondolkiri Provincial Court prosecutor Khut Sopheang said two staff members of ...

Kuch Naren
http://www.cambodiadaily.com/news/acu-arrests-customs-officer-two-edc-staff-48225/

Cambodia Ranked Most Corrupt Country in the Region

Cambodia is now ranked as being perceived by investors as Southeast Asia’s most corrupt country, surpassing Laos and Burma on Transparency International’s annual corruption index. Cambodia ranked 160 of 175 countries in the report, with its index score a mere 20 out of 100. That’s two ...

Khoun Theara
http://www.voacambodia.com/content/cambodia-ranked-most-corrupt-country-in-the-region/1802720.html

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

Bag snatchings jump: EU

After being presented with statistics showing a more than 100 per cent rise in petty crime against foreigners, Minister of Interior Sar Kheng yesterday called on police officials to look into what’s causing the problem. Nicolas Baudouin, a spokesman for the French Embassy, confirmed that a ...

Vong Sokheng and Joe Freeman
http://www.phnompenhpost.com/national/bag-snatchings-jump-eu

PAL still keen on Cambodia Air venture

FLAG carrier Philippine Airlines (PAL) has not lost its interest in pursuing a joint-venture agreement with Royal Group of Cambodia (RGC) to establish Cambodia Airlines Co. Ltd.  PAL President Ramon S. Ang confirmed that his airline’s discussions for investment in the Cambodian carrier are ongoing, as ...

Lorenz S. Marasigan
http://www.businessmirror.com.ph/index.php/en/business/companies/32817-pal-still-keen-on-cambodia-air-venture

Housing loans up in 2013, growth expected to continue in ’14

Last year across Cambodia’s cities, more and more people decided to take the plunge and invest in housing. This should be obvious to anyone who lived in Cambodia last year. The sounds of construction or renovation were more noticeable than before in cities across the Kingdom. Data ...

Sum Manet
http://www.phnompenhpost.com/real-estate/housing-loans-2013-growth-expected-continue-%E2%80%9914

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