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Mekong forest facing sharp decline: WWF

BANGKOK: Demand fOr farmland may strip the Greater MekOng regiOn Of a third Of its remaining fOrest cOver Over the next twO decades withOut swift gOvernment actiOn, a leading cOnservatiOn grOup warned Thursday. FOrests are being cleared fOr cOmmOdities such as rubber and rice while illegal lOgging is decimating ...

http://www.channelnewsasia.com/news/asiapacific/mekong-forest-facing-sharp-decline-wwf/661574.html

Workers Get Benefits, Not Jobs

India’s ambassador to Cambodia, Dinesh Patnaik, said yesterday that his government will pay outstanding benefits to about 30 restoration workers who lost their jobs at Siem Reap province’s Ta Prohm temple in February – but will not reinstate them. The entire restoration team – more than ...

http://www.phnompenhpost.com/2013050965505/National/workers-get-benefits-not-jobs.html

Anti-laundering law gets tougher penalties

The National Assembly yesterday passed a law to amend three articles in the anti-money laundering and terrorism financing law by a vote of 83 to six. Speaking at the start of session, Chea Chanto, governor of the National Bank of Cambodia, said the amendments would give ...

http://www.phnompenhpost.com/2013050965513/National/anti-laundering-law-gets-tougher-penalties.html

ASEAN power chiefs to follow up power grid plan

Leaders of ASEAN power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening ...

http://www.chinadaily.com.cn/world/2013-05/23/content_16525904.htm

Duty-Free Agreements Worry Minister

Duty-free agreements between regional competitors and foreign importers would put the Cambodian garment industry at risk, Commerce Minister Cham Prasidh said last week. Speaking to reporters after a meeting, Prasidh warned that the Kingdom’s garment sector would not be able to maintain its competitive edge over ...

http://www.phnompenhpost.com/2013060366010/Business/duty-free-agreements-worry-minister.html

Cambodia, next powerhouse for Asean investors

The success Qatar&rsQuo;s ooredoo had with being issued a mobile phone licence in Myanmar is an encouraging development for Middle East investors who are looking into the possibility of entering a venture or opening a business in Southeast Asia. Let&rsQuo;s take a look at Cambodia. ...

http://www.gulf-times.com/business/191/details/359376/cambodia,-next-powerhouse-for-asean-investors

Sealed docs our call: council

The Constitutional Council yesterday said it has the power to order the National Election Committee to open the sealed documents monitors say could prove election irregularities, but stopped short of saying it would actually do so. Election monitors have called on the NEC to open documents ...

http://www.phnompenhpost.com/national/sealed-docs-our-call-council

Cambodia's oil imports down 5.6 pct in first half of 2013

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/26/c_132664169.htm

Heng Samrin urges opposition to negotiate, join parliament

National Assembly Chairman Heng Samrin has urged the opposition Cambodia National Rescue Party (CNRP) to negotiate with the ruling Cambodian People’s Party (CPP), and join the government’s parliamentary sessions. The appeal was made after the National Assembly kicked off its session on Thursday to elect the ...

The Cambodia News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NGZkZjc2MTdhNGI

Cambodia's banking sector stable despite ongoing political row over poll results

Cambodia’s banking sector remains stable with steady growth in business operations even though political tension between the ruling party and the opposition party over election results is still going on, Central Bank’s chief said Friday. “The banking sector has been developing soundly, in terms of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/23/c_132657163.htm

Booyoung Town moves slowly ahead

The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...

Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead

Group Lease aims to raise Bt3.4 bn for expansion

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html

H&M may raise prices to pay workers

Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers

Anti-tank mine explodes, killing 6 in Cambodia

Six farmers were killed on the spot and another one seriously injured after a home-made tractor ran onto an old anti-tank mine in northwestern Preah Vihear province, police chief confirmed Thursday. The accident occurred in a forest in Chom-ksan district when the tractor hit the mine ...

http://news.xinhuanet.com/english/world/2013-08/15/c_132632791.htm

Cambodian pro-opposition trade unions urge garment workers to join mass protest

The Cambodian pro-opposition trade unions on Thursday called on garment workers, civil servants and common people to join a massive nonviolent demonstration against the July 28 election results. In the election, Prime Minister Hun Sen’s party gained the victory. The Cambodia National Rescue Party (CNRP) of long-time ...

Xinhuanet News
http://news.xinhuanet.com/english/world/2013-09/05/c_132694046.htm

CNRP cites assaults in nixing talks

The opposition Cambodia National Rescue Party yesterday withdrew from talks with the government scheduled for today in protest against soldiers cracking down on monks and demonstrators during a garment worker strike in the capital. Special Forces Airborne 911 Unit soldiers with metal pipes, knives, AK-47s, slingshots ...

Shane Worrell and Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-cites-assaults-nixing-talks

Striking Power Plant Trainees Get Wage Raise

More than 170 trainees at a Chinese-backed power plant under construction in Preah Sihanouk province ended a five-day protest on Monday after securing higher wages from their employer, according to a union representative and provincial official. Khmer Workers Power Federation Union president Chey Sovann, who negotiated ...

http://www.cambodiadaily.com/news/striking-power-plant-trainees-get-wage-raise-39520/

Cambodia's oil imports down 5.6 pct in first half of 2013

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

http://news.xinhuanet.com/english/business/2013-08/26/c_132664169.htm

Approved investment triples

In the first six months of 2013, the total amount of government-approved investment in Cambodia jumped more than 200 per cent year-on-year, according to the most recent statistics from the Ministry of Economy and Finance. Released on Friday, the numbers show that $2.3 billion was earmarked ...

May Kunmakara
http://www.phnompenhpost.com/business/approved-investment-triples

Top cop told to catch Bandith

Minister of Interior Sar Kheng sent a letter to the National Police last week asking it to step up its search for Chhouk Bandith, the former Bavet town governor convicted of shooting three garment workers at a factory protest last year. Interior Ministry spokesman Khieu Sopheak ...

May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/national/top-cop-told-catch-bandith

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