Malaysian company buys Cambodian advertisement agency
Go communication Group of Malaysia bought all shares of Active Event Management, advisement agency in Cambodia but it keeps all staff and management team for the agency. The announcement was made in the meeting under witness of information minister H.E Khieu Kanharith, he is also spokesman ...
Concern Over Tonle Sap Catch
Fish production in Cambodia’s great Tonle Sap Lake is on track to reach last year’s level, an official said Wednesday, despite concern from fishermen that yields are dwindling due to environmental problems. Nao Thouk, director of the Fisheries Administration under the Ministry of Agriculture, said that ...
http://www.rfa.org/english/news/cambodia/tonle-sap-11282012191709.html
Boeng Kak Evictees Continue Fight for Land Titles
About 50 Boeng Kak residents protested outside Prime Minister Hun Sne’s Peace Palace yesterday and submitted a petition to the Council of Minister asking for land titles in their long-running dispute with a company part-owned by CPP senator Lao Meng Khin. ...
‘Secession’ Leader Says He Will Return to Cambodia, Stage Protest
The convicted ringleader of a so-called secessionist movement in May in Kratie province, who is currently in self-imposed exile to avoid a 30-year prison sentence, has said that he will soon return to Cambodia to organize a large-scale demonstration against the government. Bun Ratha—who was sentenced ...
Farmers of crocodile say no to skin exports
Cambodian crocodile farmers prefer selling young live crocodiles directly rather than raising crocodiles and selling their skins for export as they believe there is no market, despite officials encouraging crocodile farming for skin exports. Heng Chheng, a crocodile farmer from Battambang, has raised crocodiles since 1984. ...
http://www.phnompenhpost.com/2013030761796/Business/farmers-of-crocodile-say-no-to-skin-exports.html
China Exim Bank to put $235m in steel, media
The Export-Import Bank of China (Exim Bank) planned to invest US$235 million in two Cambodian mega projects, one of which was the modernisation of a TV station that one analyst said might not be necessary given the country’s level of development. During a meeting with Prime Minister ...
Role small, memory cloudy, former KRouge banker tells court
For six hours yesterday at the Khmer Rouge tribunal, Sar Kimlomouth, who served as deputy director general of the state bank, consistently downplayed both his level of authority within the department and his ability to recall information from so long ago. Throughout the day’s proceedings, lawyers ...
Cambodia eyes domestic oil production, refinery for energy security: official
Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582
Two Thousand More Students to Measure Land
Following a ceremony to honor late King Father Norodom Sihanouk on Phnom Penh’s Koh Pich, more than 2,000 additional student volunteers were deployed yesterday morning by the Ministry of Land Management to measure plots of land in 19 provinces, officials said. Mr. Chhun Lim [Land Management Minister] said that ...
To Gain From Asean Labor Market, Workforce Needs New Skills
Cambodia needs to improve the skills of its workforce if it is to compete and benefit from Asean’s plan for greater integration and the free flow of skilled labor within the region by 2015, Minister of Labor Vong Sauth said on Friday at the Asean ...
New Cambodian rice federation elects president
The Federation of Cambodia Rice Exporters, a new government-backed association of rice exporters which aims to bring together all the players in the rice sector to boost exports, formed on June 21 and elected Kim Savuth, president of Khmer Food Co., as its first president. The election saw Kim Savuth receiving 53 of ...
Micro-lender Plans to Become Commercial Bank
Amret, one of the largest micro-finance institutions (MFIs) in the country, has announced that it is making plans to raise the capital required to become a full commercial bank by 2015, an official at the institution said yesterday. Chea Phalarin, CEO of Amret, said the decision to expand ...
Workers left in limbo on union law
Almost six months after the latest draft of the proposed trade-union law was sent to the Council of Ministers for approval, employers, unions and workers’ rights groups are left asking the same question: What’s happened to it? Confusion over the status of the landmark law, which ...
Reporters summonsed in closed Chut Wutty case
Two journalists who were present when environmental activist Chut Wutty and military police officer In Rattana were killed last month have reportedly been summonsed to Koh Kong provincial court. Neang Boratino, Koh Kong provincial co-ordinator for the rights group Adhoc, said court sources had told him ...
China eyes on all-round cooperation with Cambodia, says CPC senior leader (9)
China treasured its traditional friendship with Cambodia, and would take strategic approaches to step up the bilateral cooperation to a new height, visiting senior leader of the Communist Party of China He Guoqiang said here on Tuesday. In his meeting with Heng Samrin, He spoke ...
Cambodia's Economic Growth Expects To Be 7% In 2012
“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” At the same time, the report from World Bank said: ...
Ministry of Labor Launches Anti-Fainting Campaign
The Ministry of Labor on Sunday launched an educational campaign aimed at preventing further mass faintings in garment factories, a ministry official said yesterday. Meng Hong, director of the ministry’s inspection and legal affairs department, said that the campaign would target more than 30,000 garment workers ...
Next Apparel factory sues employees for damage
Next Apparel has filed a lawsuit against its workers for damaging factory property during their ongoing strike. More than 200 workers smashed windows, bikes, cupboards, flower pots and other items in the factory last Saturday. “We demand that the court find justice for the company,” Chea Sovann ...
Cambodia's salt output may decrease
The Kep-Kamport Salt Producers Community expressed concern about the production of salt this year not reaching its forecast due to the late-starting season and the lack of labour to work in the fields. Um Chhun, director of the administration office in Kep-Kamport Salt Producers Community, said ...
http://www.phnompenhpost.com/index.php/2012121060176/Business/salt-output-may-decrease.html
Inflation rose by 1.8 per cent in January
Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...
http://www.phnompenhpost.com/2013032264619/Business/inflation-rose-by-1-8-per-cent-in-january.html