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Bunong Minority Villagers Protest Against Rubber Company

About 80 ethnic Bunong villagers living in Mondolkiri’s Pech Chreada district staged a protest against the Socfin-KCD rubber company Monday, demanding that the firm honor its long-standing pledge to return 1,000 hectares of farmland located inside its concession. Socfin-KCD, a join venture between Socfin, a ...

Cambodia's 'worst year’ for land disputes

More than 200 people were arrested while defending their land in 2012 – a year human rights groups described yesterday as Cambodia’s “worst” for land disputes. of the 201 people arrested – a figure that more than doubled the 2011 total – 29 were imprisoned, mostly ...

http://www.phnompenhpost.com/2013012460955/National/cambodia-s-worst-year-for-land-disputes.html

Officials Draft Sub-Decree to Develop the Silk Sector

Officials at the Ministry Of COmmerce met On Friday tO draft a sub-decree fOr the prOmOtiOn and develOpment Of the CambOdian silk sectOr, but industry experts say the draft dOes nOt dO enOugh fOr the lOcal prOducts used in the prOductiOn Of silk. The main ...

http://www.phnompenhpost.com

Investors from Korea relocate to Cambodia

Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html

Five People Released in Kratie Insurrection Case

The Kratie Provincial Court has released on bail five of the eight people charged after a military-style operation by security forces on a small village alleged to be the home of a secessionist movement, a court official said yesterday. on May 16, a 14-year-old girl was ...

Landless Cambodians see nothing sweet in EU sugar deal

An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry. Campaigners are taking their fight to European supermarkets, encouraging a boycott of Cambodian sugar, which ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1211528/1/.html

Malaysia Firm Buys Majority In Yellow Pages

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company SAid Monday. According to a disclosure last week from CBSA ...

Philippines and Cambodia in South China Sea row

The Philippines has summoned Cambodia’s ambassador over comments linked to Manila’s territorial row with Beijing. Hos Sereythonh was asked to explain remarks accusing the Philippines and Vietnam of playing “dirty politics” over the issue of Asean and the South China Sea. [H]e did not turn up on ...

http://www.bbc.co.uk/news/world-asia-19073987

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: ...

Eviction Protest Held Outside Donor Meeting

Anti-eviction activists from Phnom Penh’s Boeng Kak and Borei Keila neighborhoods, dressed as white doves, protested yesterday in front of the Council for the Development of Cambodia, where the country’s donors were meeting with top government officials to discuss the country’s reform targets. Donning paper helmets ...

Villagers in Land Disputes With Firm Don't Show for Questioning

Villagers accused of incitement in a long-running land dispute with a company owned by the wife of a government minister did not show up for scheduled questioning yesterday at the Kompong Chhnang Provincial Court, officials said. on September 17, KDC Development company, owned by Chea Kheng, the wife of Minister of Industry, ...

Cambodia has great potential for FDI

An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEo at Blue Star Strategies, met with ...

http://www.phnompenhpost.com/2013010960687/Business/cambodia-has-great-potential-for-fdi.html

Cambodia Organizes Real Estate Exhibition

A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...

http://news.xinhuanet.com/english/business/2013-04/08/c_132292162.htm

Garment IPO May Arrive in Time for Polls

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

http://www.phnompenhpost.com/2013060566066/Business/garment-ipo-may-arrive-in-time-for-polls.html

Poorest nations win intellectual property waiver

The world’s poorest nations have won an eight-year extension of a waiver on intellectual property rules at a session of the World Trade organisation’s TRIPS Council. A session of the 159-nation WTo’s TRIPS (trade-related aspects of intellectual property rights) Council has ruled the waiver for 34 ...

http://www.radioaustralia.net.au/international/2013-06-12/poorest-nations-win-intellectual-property-waiver/1144616

France looks to increase exports to the Kingdom

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...

http://www.phnompenhpost.com/2013041265055/Business/france-looks-to-increase-exports-to-the-kingdom.html

Rice exports to region rising

Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...

http://www.phnompenhpost.com/2013052365791/Business/rice-exports-to-region-rising.html

Former Mfone Employees Protest for Severance Pay

More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, Said employees from Phnom Penh, ...

http://www.cambodiadaily.com

Funcinpec joins call for probe

Royalist party Fun­cinpec has joined the opposition in calling for international involvement in an investigation into election irregularities. “I have issued a request to ask for the creation of an independent committee to investigate the irregularities,” Funcinpec secretary-general Nhek Bun Chhay said. While the party failed to ...

http://www.phnompenhpost.com/national/funcinpec-joins-call-probe

Tourism: More Info Needed

In diversifing its holiday attractions, Cambodia’s tourism industry should focus on three key areas – the country’s northeastern region, the coasts and the vicinity around Siem Reap – but efforts to promote these destinations are still lacking, an industry leader says. Statistics from the Ministry ...

http://www.phnompenhpost.com/2013050265365/Business/tourism-more-info-needed.html

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