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Cambodian banks see 9.3 pct lending growth in 1st half of 2014: central bank

Cambodia’s banking sector has reported a 9.3-percent increase in lending in the first six months of the year, according to the figures from the National Bank of Cambodia (NBC) on Sunday. The figures showed that the kingdom’s 35 commercial banks had lent a total of 8.09 ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140803/cambodian-banks-see-93-pct-lending-growth-1st-half-2014-cent

Land dispute results in shooting

A Japanese national is being accused by a Preah Sihanouk farmer of shooting him over a logging dispute in Kampong Seila district, the alleged victim and a rights monitor said yesterday. Kanha Phan, 32, is alleging that Peter Ly, 39, shot him in the waist after ...

Phak Seangly
http://www.phnompenhpost.com/national/land-dispute-results-shooting

OIE Reports H5N1 Bird Flu Outbreaks in Cambodia

The Cambodian veterinary authorities have reported two outbreaks of highly pathogenic avian influenza (HPAI) H5N1 in Kampong Speu province affecting backyard poultry as well as in Kandal, affecting duck flocks in two households. The World Organisation for Animal Health (OIE) received follow-up report no. 1 ...

The Poultry Site News Staff
http://www.thepoultrysite.com/poultrynews/31610/oie-reports-h5n1-bird-flu-outbreaks-in-cambodia

Crane makes itself at home

A growing number of red-headed Sarus cranes are reportedly flocking west from Vietnam to a protected sanctuary in Kampot province’s Kampong Trach district, and conservationists observing the trend aren’t sure why. The Tuoitrenews website reported on Saturday that unusually large numbers of the birds, which are classified as ...

Amelia Woodside
http://www.phnompenhpost.com/national/crane-makes-itself-home

Talks over political dispute still underway secretly: Cambodian PM

Cambodian Prime Minister Hun Sen said Monday that negotiations between his ruling party and the opposition party over political dispute have been conducted secretly. “The opposition has announced to suspend talks with the Cambodian People’s Party (CPP), but in fact, the talks are still underway secretly,” ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/07/c_133243802.htm

Caltex loosing hundreds of thousands of dollars, striking workers say

Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...

Khoun Theara,
http://www.voacambodia.com/content/caltex-loosing-hundreds-of-thousands-of-dollars-striking-workers-say/1914429.html

Villagers block machines in long-running land dispute

About 60 villagers in Kompong Chhnang province’s Kompong Tralach district blocked two heavy tractors sent to clear a boundary Monday on disputed land they maintain was illegally grabbed by a company owned by the wife of Mines Minister Suy Sem. KDC International, which is owned by ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-block-machines-in-long-running-land-dispute-60330/

Protest blocked: Workers at factory seek full salaries

Police yesterday morning blocked more than 1,000 garment workers as they tried to march from their Por Sen Chey district factory to the Ministry of Labour to plead for intervention. Management at the Ocean Garment factory informed staff on May 24 that it would close for ...

Mom Kunthear
http://www.phnompenhpost.com/national/protest-blocked-workers-factory-seek-full-salaries

Out of jail, garment worker sees uncertain future

When Pang Vunny walks around his rented room just off of Veng Sreng Boulevard, he waves his hand from side to side in front of him, like a man feeling his way in the dark. Ever since he was arrested and badly beaten on January 2 ...

May Titthara
http://www.phnompenhpost.com/national/out-jail-garment-worker-sees-uncertain-future

Casino expansion next to Buddhist Institute irks some

Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...

Sophat Soeung
http://www.voacambodia.com/content/cambodia-casino-expansion-next-to-buddhist-institute-irks-some/1933071.html

National Assembly passes five-year $26.6B spending plan

The single-party National Assembly on Thursday approved the 2014 to 2018 National Strategic Development Plan (NSDP), which will cost an estimated $26.58 billion to implement. An extradition agreement between Cambodia and Vietnam was also passed. Approved earlier this month by the Council of Ministers, it is ...

Hul Reaksmey
http://www.cambodiadaily.com/news/national-assembly-passes-five-year-26-6b-spending-plan-62578/

Local IT firm eyes off-shore expansion

Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the local company’s international footprint. As part of the joint partnership, GlobalVision has purchased a 50 per cent stake in First Cambodia for an ...

Chan Muyhong
http://www.phnompenhpost.com/business/local-it-firm-eyes-shore-expansion

Cults Ministry seizes discs from self-proclaimed ‘god’

Staff from the Ministry of Cults and Religion seized promotional material from a man claiming to be a Buddhist “god” on Sunday in Kandal province, officials said yesterday. The operation was conducted at Reachea pagoda, where Thean Vuthy had been promoting himself as the fifth and ...

Phak Seangly
http://www.phnompenhpost.com/national/cults-ministry-seizes-discs-self-proclaimed-%E2%80%98god%E2%80%99

Hundreds protest: Land grab feared after posts appear

Five hundred villagers in Preah Vihear province protested yesterday outside the office of FP Malaysia Plantation Company, which they say is attempting to take their land. Rith Sothon, a village representative in Preah Vihear’s Kulen district, said the villagers filed a complaint after the company placed ...

Sen David
http://www.phnompenhpost.com/national/hundreds-protest-land-grab-feared-after-posts-appear

Economic growth has come at high cost, experts warn

Experts say that Cambodia’s economic growth remains fragile and unsustainable, bringing environmental degradation, social inequality and, at times, unrest to the country. Cambodia has maintained a high economic growth rate in recent years, up to 8 percent, “but that high growth comes with high costs,” said ...

Khoun Theara
http://www.voacambodia.com/content/economic-growth-has-come-at-high-cost-experts-warn/2427241.html

Villagers pushed back from Hun Sen’s house

About 70 residents from Kandal province’s Ponhea Leu district were blocked on Saturday from marching to Prime Minister Hun Sen’s Phnom Penh villa, where they planned to appeal for support in a long-running land dispute. The residents were representing 134 families from four villages in Chhvang ...

Ben Sokhean
http://www.cambodiadaily.com/news/villagers-pushed-back-from-hun-sens-house-67107/

Singapore's Phillip Capital acquires Malaysian-owned Cambodian bank

The Singapore-based Phillip Capital Group has purchased a Malaysian-owned Hwang-DBS Commercial Bank in Cambodia for 40 million U.S. dollars and rebranded it as Phillip Bank on Thursday, a bank’s chief said. Phillip Bank’s chairman Lim Hua Min said the Phillip Capital Group, which is an Asian ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=237941

Lawyer files complaint at International Court over land grabs

A British lawyer has filed new documents against senior Cambodian officials at the International Criminal Court, accusing them of systematic land grabs that constitute human rights abuses. A communication filed on Oct. 7 claims that over the last 14 years, an estimated 770,000 Cambodians, or ...

Sok Khemara
http://www.voacambodia.com/content/lawyer-files-complaint-at-international-court-over-land-grabs/2486158.html

Opposition lawmakers still face jail, Hun Sen warns

Prime Minister Hun Sen on Monday accused the CNRP of violating the “culture of dialogue” that he and the opposition agreed to last year, and warned seven lawmakers charged with incitement and insurrection that their parliamentary immunity would not save them from prison. The seven CNRP ...

Hul Reaksmey
https://www.cambodiadaily.com/news/opposition-lawmakers-still-face-jail-hun-sen-warns-76403/

Environment officials to monitor conditions

The Ministry of Environment is set to join the Ministry of Labour in the monitoring of garment factory workplaces, after creating a working group that will probe the environmental safety of all plants in Cambodia. At a press conference at the ministry yesterday, Minister of Environment ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/environment-officials-monitor-conditions

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