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Women slow to climb Cambodia's market

Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...

http://www.phnompenhpost.com/index.php/2012061956865/Business/women-not-on-top-in-market.html

Trading volume drops on new Cambodia Securities Exchange

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html

Local oil prices fall slowly

The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...

http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html

Sanya Motorcycles Officially Enter Cambodian Market

PHNOM PENH– The China-made Sanya-branded motorcycles have officially entered Cambodian market on Wednesday to compete in the country’s crowded motorcycle market. Pan Sorasak, Secretary of State for the Ministry of Commerce, expressed congratulations to the SCI Company Limited for being selected to be the exclusive distributor ...

http://www.chinadaily.com.cn/bizchina/2011-08/24/content_13181497.htm

US Extractive Firms Obliged to Disclose Overseas Payments

The U.S. Securities and Exchange Commission (SEC) has adopted rules that would make it a legal requirement for listed companies operating in the extractive industries and doing business in Cambodia to disclose all major payments they make to the government. The rules, which were adopted in ...

Boeung Kak Evictees Ask City Hall For Better Compensation

About 100 women forcibly evicted from Phnom Penh’s Boeung Kak neighbourhood protested outside City Hall yesterday asking for upgrades to the compensation they accepted under duress to give up their homes. The women said they were representing 739 of the more than 3,000 families forced out ...

http://www.cambodiadaily.com

Soldiers Keep watch over Broma Villagers

More than seven months after government security forces violently evicted hundreds of people living in Kratie province’s Broma village to quell a so-called secessionist movement, more than 70 families are still being prevented by patrolling soldiers from returning to the site of their former homes, ...

http://www.cambodiadaily.com/

Six Cambodians Injured in Capital Land Clash

At least six people were seriously injured Wednesday in clashes between about 100 villagers demanding land compensation and 300 security personnel in front of the home of Cambodian Prime Minister Hun Sen, activists said. According to villager representative Tep Vanny, the evictees from Phnom Penh’s Boeung ...

http://www.rfa.org/english/news/cambodia/clash-03132013184900.html

Villagers Protest Eviction by Chinese Company

More than 100 villagers living on a 20-hectare swath of a rubber plantation in Ratanakkirri province gathered outside O’Chum commune hall yesterday to protest their eviction at the hands of a Chinese company, local officials and rights activists said. About 120 families from Trang Churng Village ...

http://www.cambodiadaily.com/

Discount shops attracting crowds

Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on Sihanouk Boulevard, within sight ...

http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html

Demand for cheap rentals outnumbers supply

The boom in high-rise buildings in Phnom Penh indicates the robust economic growth of the Kingdom, but this trend does not include the lower-end accommodation where most economic migrants to Phnom Penh rent.“Cheap rental accommodation plays a crucial role in providing appropriate settlements to those ...

Sam Sopanharith
http://www.phnompenhpost.com/real-estate/demand-cheap-rentals-outnumbers-supply

Workers Say Large Military Police Presence at SL Factory

More than 100 military police officers stood guard outside a garment factory in Phnom Penh’s Meanchey district on Monday and prevented workers from returning to work, employees and local officials said. Workers from Singaporean-owned SL Garment Factory—which makes clothing for U.S. brands Levi’s and Gap—have been ...

Aun Pheap
http://www.cambodiadaily.com/news/workers-say-large-military-police-presence-at-sl-factory-43060/

Former Manager Admits Stealing $2.3M From Canadia Bank

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth So­pheaktra, 30, to ...

Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/

Electric car is still on the charger

What happened to Cambodia’s electric car? The short answer is, the wait continues. More than seven months after its owners unveiled the new and improved Angkor EV 2013 to great fanfare, they are chronically short of funding and assembly is taking place in piecemeal fashion. Seang Chan ...

http://www.phnompenhpost.com/business/electric-car-still-charger

Laos Pushes Ahead With Second Mekong Dam Project

Laos is pushing ahead with construction of a second dam on the Mekong River despite objections from environmental and civil society groups. Work on the main part of the Don Sahong hydropower dam near the Cambodian border in southern Laos will begin by the end of ...

Radio Free Asia
http://www.rfa.org/english/news/laos/don-sahong-11122013185743.html

Blood Stocks Drop to Critically Low Level

Stocks at the National Blood Transfusion Center (NBTC) are critically low and hundreds of units short of meeting demand, leading management at the center to publicly appeal for people to come forward and help restore the depleted reserves. Dr. Hok Kim Cheng, the NBTC’s director, said ...

Phorn Bopha
http://www.cambodiadaily.com/news/blood-stocks-drop-to-critically-low-level-41240/

Feature: Slum dwellers in Cambodian capital want to benefit from development

Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the ...

http://news.xinhuanet.com/english/world/2013-08/18/c_132641165.htm

Rubber Farmers Accuse Big Firm of Encroaching on Their Land

Roughly 100 rubber farmers in Ratanakkiri province’s O’Chum district blocked National Road 78A on Wednesday, demanding that authorities take action against a pair of laborers they accuse of stealing resin from their land. The laborers—Math Las, 40, and his wife, Nos Yas, 38—who are reportedly employed ...

Kuch Naren
http://www.cambodiadaily.com/news/rubber-farmers-accuse-big-firm-of-encroaching-on-their-land-41712/

Phnom Penh governor on crusade to shut down shisha cafes

Phnom Penh Governor Pa Socheatvong said Tuesday he would shut down the shisha bars—where customers smoke flavored tobacco through large Middle-Eastern style water pipes—that have recently sprung up around the city. While the governor noted there was nothing illegal about the pipes or tobacco, he told ...

Phann Ana and Matt Blomberg
http://www.cambodiadaily.com/news/phnom-penh-governor-on-crusade-to-shut-down-shisha-cafes-53247/

Giant Development in Cambodia Hinges on Chinese Buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1

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