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Cambodia's energy costs deter investors

Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...

http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html

Phnom Penh Land Prices Slow Growth

Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...

The Credit Bureau Cambodia at the five-month mark

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Round 2 at Phnom Penh's Borei Keila district

Four families who were violently evicted from Borei Keila in January last year built shelters yesterday in the rubbish where their houses once stood, claiming the land still belonged to them. The evictees erected small frames on the land, in the capital’s Prampi Makara district, irritating ...

http://www.phnompenhpost.com/2013031361918/National/round-2-at-borei-keila.html

New study reveals catastrophic loss of Cambodia's tropical flooded grasslands

Around half of Cambodia’s tropical flooded grasslands have been lost in just 10 years according to new research from the University of East Anglia. The seasonally flooded grasslands around the Tonle Sap, Southeast Asia’s largest freshwater lake, are of great importance for biodiversity and a ...

http://phys.org/news/2013-03-reveals-catastrophic-loss-cambodia-tropical.html

Call for Arsenal to Drop Links With Rubber Firm

An online petition has been launched calling on English Premier League football club Arsenal to break its ties with a Vietnamese rubber company accused of land grabbing and deforestation in Cambodia. A report by London-based Glob­al Wit­ness this month named Hoang Anh Gia Lai (HAGL) as ...

http://www.cambodiadaily.com/news/call-for-arsenal-to-drop-links-with-rubber-firm-26801/

Workers begin Clearing Land for Lower Sesan 2

Workers in Stung Treng province have begun clearing forested land with chainsaws in order to make way for the reservoir of a massive hydropower dam that has drawn ire from local villagers who say they have not been informed about the dam’s construction plans. The National ...

http://www.cambodiadaily.com/news/workers-begin-clearing-land-for-lower-sesan-2-16743/

Electricity co-operation crucial

Co-operation on the exchange of electricity will be very important in making the 10-country ASEAN bloc move forward to a single market by 2015, experts said, but a shortage of power supply in each country remains a challenge. Speaking to reporters yesterday after the opening of ...

http://www.phnompenhpost.com/2013052465820/Business/electricity-co-operation-crucial.html

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Cambodia's final poll results to be released on Aug. 14 if no complaints

The National Election Committee ( NEC) will release the official results of the general election on Aug. 14 if there are no complaints by political parties, according to NEC’s schedule Monday. “The official results with seat allocation and elected candidates will be released on Aug. ...

Xinhuanet
http://news.xinhuanet.com/english/world/2013-08/05/c_132604357.htm

Engineers Hold Labor Day Protest Against Paying Income Tax

More than 50 engineers employed by Japan’s Sumitomo Mitsui Construction Co. Ltd. to work on a new Neak Loueng Bridge in Kandal province protested on Wednesday over paying income tax of 10 percent and are threatening to go on strike again if their employer dose ...

http://www.cambodiadaily.com

Garlic leaves are a boon for farmer

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

http://www.phnompenhpost.com/business/garlic-leaves-are-boon-farmer

Chamber wants new tax laws

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws

Shuttered schools, factories

With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...

Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories

Sofitel Phnom Penh Wins 2nd Place in Awards

The Sofitel Phnom Penh Phokeethra has won second place among the 25 best hotels of Southeast Asia in the 2013 Readers’ Choice Awards of the prestigious Conde Nast Traveler publication, which also named Siem Reap City as one of the “Top 10 Cities in Asia.” Charles-Henri ...

Michelle Vachon
http://www.cambodiadaily.com/business/sofitel-phnom-penh-wins-2nd-place-in%E2%80%88awards-45706/

After Sam Rainsy’s Call, No Answer From CPP

At about 10 a.m. Thursday morning, during a press conference at the CNRP’s Phnom Penh headquarters, opposition leader Sam Rainsy dialed the phone number of CPP Interior Minister Sar Kheng and told a few dozen reporters in attendance that he would broadcast their conversation over ...

Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/elections/after-sam-rainsys-call-no-answer-from-cpp-46444/

City Hall Bans Monks From Marching to National Assembly

Phnom Penh City Hall issued a letter Monday banning a group of monks who have marched cross-country to mark International Human Rights Day from completing the final leg of their journey, in which they had hoped to hand petitions to lawmakers at the National Assembly ...

Matt Blomberg
http://www.cambodiadaily.com/news/city-hall-bans-monks-from-marching-to-national-assembly-48959/

Still No Agreement Over Opposition Marches

A meeting between representatives of the CNRP and Phnom Penh City Hall officials Monday failed to produce an agreement over the opposition party’s plans to march throughout the city during its three consecutive days of demonstrations starting Wednesday. City Hall officials last week decreed that the ...

Mech Dara and Alex Willemyn
http://www.cambodiadaily.com/news/still-no-agreement-over-opposition-marches-45629/

Hun Sen, opposition in second day of talks

Cambodian strongman Hun Sen met leaders of the country’s main opposition party again on Tuesday, the second day of crucial talks aimed at finding a way out of the country’s post-election deadlock. After demonstrations over the weekend triggered clashes with security forces that left one man ...

The Bangkok Post News Staff
http://www.bangkokpost.com/breakingnews/370122/hun-sen-opposition-in-second-day-of-talks

Floods Claim 39 Lives; Crops, Hundreds of Schools Damaged

The death toll from flooding across the country has risen to 39, while the Mekong River remains above emergency levels in Prey Veng and Kandal provinces, a government official said on Friday. Keo Vy, cabinet chief for the government’s National Committee for Disaster Management, said that ...

Khy Sovuthy and Hul Reaksmey
http://www.cambodiadaily.com/news/floods-claim-39-lives-crops-hundreds-of-schools-damaged-44434/

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