Thailand, Cambodia Recommit to Border Growth
The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ss='cambodia-color'>...
New Coal Plant to Tackle Blackouts
National energy supplier Electricite du Cambodge (EdC) on Monday announced that a 50-MW coal-fired power plant in Preah sihanouk province is ready to come online this week and will solve Phnom Penh’s chronic blackouts. The statement does not mention which power plant had been completed, ss='cambodia-color'>...
http://www.cambodiadaily.com/news/new-coal-plant-to-tackle-blackouts-31220/
Funcinpec joins call for probe
Royalist party Fun­cinpec has joined the opposition in calling for international involvement in an investigation into election irregularities. “I have issued a request to ask for the creation of an independent committee to investigate the irregularities,” Funcinpec secretary-general Nhek Bun Chhay said. While the party failed to ss='cambodia-color'>...
http://www.phnompenhpost.com/national/funcinpec-joins-call-probe
New Kompong Thom Governor Vows to Give Land to Evictees
The newly appointed Kompong Thom provincial governor on Tuesday promised more than 500 families who were forcefully evicted by a Vietnamese rubber plantation more than three years ago that they would be given replacement land to farm on early next month. security forces evicted villagers from ss='cambodia-color'>...
ASICS Wants Monitoring Of Cambodian Sub-Contractors After Accident
The Japanese athletics brand AsICs said Friday that it would push its four Cambodian sub-contractors to join a programme that monitors conditions in garment and shoe factories. “We will strongly request to our sub-contractors in Cambodia to sign up to this programme,” Katsumi Funakoshi, AsICs ss='cambodia-color'>...
Tampuon File Complaint Over Forest Clearing
A community of ethnic minority Tampuon people in Ratanakkiri province yesterday filed a complaint with the provincial court against six people they believe illegally cleared 80 hectares of community forest land and sold it to a rubber investor, villagers and court officials said. The land in ss='cambodia-color'>...
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 ss='cambodia-color'>...
http://www.phnompenhpost.com/2013060366010/Business/duty-free-agreements-worry-minister.html
Toyota to import used cars
Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers. Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for ss='cambodia-color'>...
http://www.phnompenhpost.com/business/toyota-import-used-cars
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 ss='cambodia-color'>...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/23/c_132657163.htm
Recovery in large economies gives exports a boost
Aided by the recovery of large economies in the United states, the European Union and Japan, Cambodia’s exports jumped more than 20 per cent during the first half of the year compared with the same period in 2012. Ministry of Commerce data released at the end ss='cambodia-color'>...
May Kunmakara
http://www.phnompenhpost.com/business/recovery-large-economies-gives-exports-boost
Clashes renewed at cordon
Frustrated Boeung Kak and Borei Keila community members flooded past a Daun Penh road barrier yesterday after attempting to lodge complaints with district authorities in connection with sunday’s violence at Wat Phnom. On sunday night, a brutal raid on a peaceful vigil of about 20 protesters ss='cambodia-color'>...
Phak Seangly
http://www.phnompenhpost.com/national/clashes-renewed-cordon
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 SS='cambodia-color'>...
Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead
Ezecom CEO made ‘oknha’
Paul Blanche-Horgan, the CEO of internet service provider Ezecom, will now be known as Oknha Paul Blanche-Horgan, making him one of the few Westerners to receive the prestigious and sought-after Cambodian title. Awarded by King Norodom sihanomi in mid-November, the new status brings Blanche-Horgan, who has ss='cambodia-color'>...
Daniel de Carteret
http://www.phnompenhpost.com/business/ezecom-ceo-made-%E2%80%98oknha%E2%80%99
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, ss='cambodia-color'>...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers
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 ss='cambodia-color'>...
Shane Worrell and Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-cites-assaults-nixing-talks
Subedi: There is room for reform
Despite the government indicating it was open to parliamentary reform, the dismissal of opposition lawmakers in June was a disturbing shift away from a commitment to protecting human rights, UN human rights envoy surya subedi says in his latest report on Cambodia. Obtained on Friday, the ss='cambodia-color'>...
http://www.phnompenhpost.com/national/subedi-there-room-reform
Cambodia imports 1.1 million tons of oil in 8 months
Cambodia had imported 1.1 million tons of petroleum in the first eight months of the year, a 3.5 percent decrease compared with the 1.14 million tons over the same period last year, the figures of the Ministry of Commerce showed Friday. From January to August this ss='cambodia-color'>...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132756600.htm
Interior Minister Says Electronic ID Cards to Become Standard
Interior Minister sar Kheng on Wednesday said that the government had begun formalizing the process for obtaining electronic national identity cards in a bid to reduce graft carried out by local authorities. speaking on the sidelines of the 10th Government Discussion Forum on Electronic Identity at ss='cambodia-color'>...
Hul Reaksmey
http://www.cambodiadaily.com/news/interior-minister-says-electronic-id-cards-to-become-standard-49161/
Exchange to receive millions
Cambodia’s stock exchange will receive a $2.5 million funding injection from the south Korean government in an attempt to draw more corporate interest from companies who may want to go public, according to a recent report on state media site AKP. The funds will go towards ss='cambodia-color'>...
Eddie Morton
http://www.phnompenhpost.com/business/exchange-receive-millions
Rehab Options Needed for Female Inmates
As International Women’s Day is marked around the world on saturday, calls are being made for more rehabilitative opportunities to be made available to female prisoners in Cambodia and, separately, for cultural norms that rank women below men to be challenged and overcome. Local rights group ss='cambodia-color'>...
Lauren Crothers
http://www.cambodiadaily.com/news/rehab-options-needed-for-female-inmates-53733/