ASEAN push for integration
ASEAN economic ministers on Friday agreed to spur stronger cooperation and make more of an effort to enhance the region’s integration in preparation for the ASEAN Economic Community (AEC) in 2015. Speaking during the press conference on the closing of the 44th ASEAN Economic Ministers’ Meeting ...
http://www.phnompenhpost.com/index.php/2012090358439/Business/asean-push-for-integration.html
Focus on 'Secession' Trial Shifts Back to Mam Sonando
Independent radio station owner Mam Sonando mounted a spirited defense during the third and last day of testimony at the Phnom Penh Municipal Court yesterday in his trial for allegedly leading a secessionist group. At time raising his voice, waving his arms and grabbing his head ...
Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Need for more transparency
GREATER transparency along the garment supply chain, from producers to buyers, is required in order to strengthen the accountability of retailers, factories and governments in protecting the rights of workers, Ou Virak, president of the Cambodian Center for Human Rights, said yesterday. Speaking in Phnom ...
http://www.phnompenhpost.com/2013022861656/Business/need-for-more-transparency.html
Cambodia Hosts 44th ASEAN Economic Minister Meeting
The 44th economic ministers (AEM) meeting and related meetings will be held from 25 August-1 September, 2012 in Siem Reap province. The ministers will focus on the economic community in 2015 and boost economic council to move forward because this community is going smoother than other two ...
The arrival of the ASEAN Economic Community will likely be delayed
ASEAN leaders have proposed putting off the planned launch of the ASEAN Economic Community (AEC) until the end of 2015, instead of the beginning of that year, so each member state will have more time to prepare for the single market, according to Cambodian Commerce ...
De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Property Prices See First Rise Since 2009
Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...
Garment Worker Demonstrations Pay Dividends
At the M&V International Manufacturing Factory in Kompong Chhnang province last week, 5,000 workers filed through the gates, sat behind their neat rows of sewing machines and refused to work. A year earlier, hundreds of female workers had fainted at the factory after complaining of ...
Police Clamp Down on Land Rights Meeting
Local authorities, including a heavily armed police officer, broke up a training session on land rights in Ratanakkiri province’s Lumphat district on Friday, claiming the two groups had no legal right to hold such a meeting. The move marks the second time in less than a ...
Families cling to hope for land
Representatives of 44 families embroiled in a violent land dispute in Banteay Meanchey province say they are living like squatters and haven’t been granted long-promised property in the area. Kao Ty, a defence lawyer for the families, said that his clients are among the more than ...
Mekong River threatened by transport of dangerous goods
The Mekong River Commission has released a comprehensive risk analysis of the transport of dangerous goods and issued recommendations to prevent oil spills, industrial waste and other emerging threats from navigation. Developed by the MRC Navigation Programme in Phnom Penh, the risk analysis finds that the ...
PM urges factories to up wages
As the lure of Thailand grows increasingly attractive for cash-strapped and under-employed Cambodians, Prime Minister Hun Sen yesterday made a public appeal for workers to stay in the country, simultaneously urging the Cambodian market to up its competitive edge. In a speech at the inauguration of ...
http://www.phnompenhpost.com/National/pm-urges-factories-to-up-wages.html
Last link in Wutty case freed
The only man convicted in relation to a murder case that made global headlines, the killing of environmentalist Chut Wutty and military police officer, In Rattana, walked free on Friday, less than two weeks after his sentencing, rights group Licadho said. Ran Boroth, who was ...
Bundith Fails to Show Up at Retrial for Triple Shooting
Former Bavet City governor Chhouk Bundith failed to show up Wednesday for the first day of his long-awaited retrial at Svay Rieng Provincial Court for his alleged involvement in a shooting that left three workers wounded, court officials said. According to provincial Judge Leang Sour, Mr. ...
http://www.cambodiadaily.com/news/bundith-fails-to-show-up-at-retrial-for-triple-shooting-30758/
Opposition vows mass protest over Cambodian election deadlock
The result remains hotly disputed, but Cambodia’s recent general election has put long-serving Prime Minister Hun Sen on a collision course with a resurgent opposition and revealed widespread unhappiness with his iron-fisted rule. While analysts aren’t writing off the chances of the politically ruthless Hun Sen ...
http://in.reuters.com/article/2013/08/06/cambodia-election-idINDEE97503K20130806
Residents Call for Foul-Smelling Factory to Move
About 100 people protested Wednesday evening outside a Phnom Penh ice-making factory owned by the daughter of deputy Kompong Spue governor Tong Seng, complaining that the factory causes a bad smell and that the health of residents in Russei Keo district’s Kilometer 6 commune was ...
Malaysian couple jailed for starving maid to death
A Malaysian Court yesterday sentenced a couple to 24 years in jail for culpable homicide after their Cambodian maid starved to death while working for them in their home on the northwest coast of Penag, Agence France Press (AFP) reported. Cambodian opposition lawmaker and former ...
Noodle maker tries instant route
Cambodia has always been a source for a broad variety of raw materials from the agricultural sector. The country exports many of these materials to neighbouring countries and other markets in the world – without turning them into new products. This lack of domestic processing has ...
http://www.phnompenhpost.com/2013062666486/Inside-Business/noodle-maker-tries-instant-route.html
Factory production sluggish
In the wake of last month’s election, production levels at Cambodian garment factories are still below the norm as lingering fears of political unrest keep workers at home and away from the capital. Shrugged off at the outset as a natural byproduct of the election that ...
http://www.phnompenhpost.com/business/factory-production-sluggish