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Microfinance Firms Look to Retail Lending

While shopping for a brand-new television, 27-year-old Loek Bunhai recently bought a sony flat-screen at the sunsimexco retail outlet on Phnom Penh’s Monivong Boulevard for $345. But with a monthly salary of $300 from his job as a microfinance officer in Phnom Penh, Mr. Bunhai was ss='cambodia-color'>...

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 ss='cambodia-color'>...

Hun Sen Points To Economic Benefit of Beer

Prime Minister Hun sen encouraged the public to help the country by drinking beer during the inauguration of the new $60 million Khmer Brewery factory in Phnom Penh yesterday. “Don’t forget, [if you] drink one bottle or one can of beer, how much will the state ss='cambodia-color'>...

Security forces strip, handcuff women in Kratie amid eviction

Villagers detained during a bloody crackdown in Kratie province last week in which a 14-year-old was shot dead have accused security forces of brutal acts of cruelty, including forcing pregnant women to stand naked in the sun for hours. The villagers from Pro Ma village in ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012052256312/National-news/women-stripped-handcuffed-kratie-villagers.html

Women in upper union positions vital

Female union leaders in the garment industry – where women constitute 90 per cent of the work force – are effective at bargaining for better working conditions, but their voices aren’t being heard in a union landscape dominated by men, a labour expert said yesterday. Veasna ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012052256311/National-news/women-in-upper-union-positions-vital.html

Arbitrator Rules On Future of Gold Tower 42

Arbitrators in seoul have ruled that the company contracted to build the $240 million Gold Tower 42 project in Phnom Penh was in breach of contract after failing to raise funds to finish the project, which resulted in work stopping almost two years ago, a ss='cambodia-color'>...

Burger King Says No Plans to Open in Country

U.S. faSt-food chain Burger King Said yeSterday that no one holdS the rightS to open a branch of itS reStaurant in Cambodia, deSpite job advertiSementS appearing online featuring the company&rSquo;S logo. . “Currently, we do not have any eStabliShed franchiSee in Cambodia,” Tan Ching Ee, marketing SS='cambodia-color'>...

US looks beyond garments to deepen Cambodia trade

The biggest Us trade delegation to Cambodia in decades joined secretary of state Hillary Clinton here as the two countries look to expand their economic relationship beyond exports of cheaply produced garments. “On the economic front, there is much more room for us to grow ss='cambodia-color'>...

http://www.bangkokpost.com/news/asia/303886/us-looks-beyond-garments-to-deepen-cambodia-trade

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 ss='cambodia-color'>...

Garment Workers Rally for Third Day to Sack Factory Manager

More than 2,00 female workers from a factory in Phnom Penh that makes clothes for the U.s. brand Gap protested yesterday for a third straight day demanding that the firm sack a manager at the factory for allegedly abusing workers. Lining Russian Boulevard near the Ocean ss='cambodia-color'>...

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 ss='cambodia-color'>...

http://www.phnompenhpost.com/National/pm-urges-factories-to-up-wages.html

Fake fertiliser cuts crop yields

FARMERS&rSquo; crop yieldS are being undercut by unregiStered middlemen Selling fake fertiliSer, and government effortS to combat thiS have proved ineffective, according to independent reSearch from the Cambodia Development ReSource InStitute (CDRI). CDRI&rSquo;S preliminary reSearch, conducted aS part of a larger program inveStigating agricultural policieS for SS='cambodia-color'>...

http://www.phnompenhpost.com/2013030161683/Business/fake-fertiliser-cuts-crop-yields.html

CNRP Proposes Minimum Wage Law for Garment, State Workers

The Cambodian National Rescue Party (CNRP) has submitted a new law to the National Assembly for consideration that would institute a minimum monthly wage of $150 for garment workers and $250 for civil servants, the newly formed opposition party announced at a press conference yesterday. The ss='cambodia-color'>...

http://www.cambodiadaily.com

Mining firm expects quick silver exploits

A mining outfit in Battambang province will begin copper and silver extraction within two years, the company’s chief executive said yesterday. Wild Bull Resources, an Australian firm partnering with local miner Angkor Thumopich Resources (ATR), would join a small group of companies claiming a quick turnaround ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012062556990/Business/mining-silver-exploits.html

Laos taps on single visa door

Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ss='cambodia-color'>...

http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/

Hun Sen Seeks Garment Factory Vote

Prime Minister Hun sen on saturday asked some 4,000 garment factory workers for their votes in July’s national elections at a rally in Phnom Penh attended by members of several CPP-aligned unions, according to those in attendance. Cambodian Union Federation president Choun Mom Thol said ss='cambodia-color'>...

http://www.cambodiadaily.com

Cambodia explores carbon

Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. speaking on the sidelines of a two-day educational ss='cambodia-color'>...

http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html

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. ss='cambodia-color'>...

http://www.cambodiadaily.com/news/bundith-fails-to-show-up-at-retrial-for-triple-shooting-30758/

International Donors Call for Redesign of Sesan 2 Hydro Dam

International donors, including the U.s., Australia, the European Union and the World Bank, have urged the Cambo­dian government to redesign a massive hydropower project in stung Treng province that environmentalists say will deplete fisheries and submit it to the Mekong River Commission (MRC) for consultation. In ss='cambodia-color'>...

http://www.cambodiadaily.com/news/international-donors-call-for-redesign-of-sesan-2-hydro-dam-33311/

In Cambodia, Shifting Allegiances Shape a Tougher Than Usual Election

ANLONG VENG, Cambodia — A decade and a half after the last remnants of the Khmer Rouge capitulated in this northwestern town, the streets are festooned with images of their erstwhile enemy, Prime Minister Hun sen, who is seeking to prolong his 28 years in ss='cambodia-color'>...

http://www.nytimes.com/2013/07/26/world/asia/in-cambodia-shifting-allegiances-shape-a-tougher-than-usual-election.html?pagewanted=all&_r=0

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