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Mizuho bank links up with Maybank and Canadia

Japan-based Mizuho Bank (MHBK) has signed an agreement with two well-established banks in Cambodia that is designed to help Mizuho leverage a wider range of financial services when dealing with Japanese clients. The memorandum of understanding was inked on Friday in Phnom Penh between Mizuho’s president ...

May Kunmakara
http://www.phnompenhpost.com/business/mizuho-bank-links-maybank-and-canadia

Indochine raises A$5.5m, sells 85% of Cambodia gold assets

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08

Water Resources Minister Seeks Investigation Into Exported Sand

Minister of Water Resources and Meteorology Lim Kean Hor said Monday that he would seek an investigation into a $1.5-million haul of river sand exported to India in April in spite of a ban on the export of dredged sand handed down by Prime Minister ...

Hul Reaksmey
http://www.cambodiadaily.com/news/water-resources-minister-seeks-investigation-into-exported-sand-46848/

Undercover underused: NGO

Cambodia hopes to legalise undercover investigative techniques – like covert surveillance and officers posing as criminals, which until now have fallen into a murky legal grey area – by next year. At a workshop in the capital yesterday, law enforcement officials and representatives of human rights ...

Laignee Barron and Sen David
http://www.phnompenhpost.com/national/undercover-underused-ngo

New election? No chance: CPP

Senior government ministers yesterday rejected the Cambodia National Rescue Party’s call for Cambodia to follow the lead of Thailand and take the country back to the polls. Interior Minister and Deputy Prime Minister Sar Kheng said yesterday that there was no chance a new election would ...

Vong Sokheng
http://www.phnompenhpost.com/national/new-election-no-chance-cpp

Recall Election Technically Possible, Analysts Say

Analysts say a recall election is possible within Cambodian law, despite statements to the contrary by Prime Minister Hun Sen. Hun Sen, who left Thursday for an official state visit to Vietnam, said in a speech last week he would not step down—something opposition supporters ...

Sok Khemara
http://www.voacambodia.com/content/recall-election-technically-possible-analysts/1818074.html

RCAF land grab is alleged

Villagers in Oddar Meanchey’s Trapaing Prasat district filed a complaint with rights group Adhoc alleging a military official is using armed forces to claim 90 hectares of their land. In their complaint filed with Adhoc earlier this month, the 13 families who claim ownership of the ...

Phak Seangly
http://www.phnompenhpost.com/national/rcaf-land-grab-alleged

Still at Large, Chhouk Bundith Has Case Sent to Appeal Court

Although the Svay Rieng Provincial Court announced the ex-governor’s sentence in June and ordered his immediate arrest, he has remained elusive to the authorities. His lawyers filed an appeal in July to the Appeal Court challenging the provincial court’s verdict. Sun Bunnarith, Chhouk Bundith’s lawyer, claimed ...

Khy Sovuthy and Dene-Hern Chen
http://www.cambodiadaily.com/news/still-at-large-chhouk-bundith-has-case-sent-to-appeal-court-40914/

Flash Floods Leave Villagers Trapped on Roofs

Flash floods left hundreds of families trapped in their villages, destroyed properties and killed livestock in Ratanakkiri province’s Lumphat district Tuesday, officials said. Heavy rain had softened the walls of a canal, which gave way to the pressure, according to Khlem Sovann, chief of Lbaing I ...

Kuch Naren
http://www.cambodiadaily.com/news/flash-floods-leave-villagers-trapped-on-roofs-42611/

Malaysian and Sri Lankan Charged Over Bank Card Scam

The Phnom Penh Municipal Court on Monday heard the case of a Malaysian and a Sri Lankan charged with using fake bank cards to withdraw up to $50,000 from ATMs during Khmer New Year in 2012. Delvin Joshap, 30, of Malaysia, had masterminded the crime and ...

Eang Mengleng
http://www.cambodiadaily.com/news/malaysian-and-sri-lankan-charged-over-bank%E2%80%88card-scam-44012/

NCDM Lauds Flood Response, NGO Calls for Better Coordination

National Committee for Disaster Management (NCDM) Vice President Nhim Vanda on Wednesday lauded the flood response work of the Cambodian Red Cross and government, at a workshop to discuss the country’s National Action Plan for Disaster Risk Reduction where several participants focused on the lack ...

Matt Blomberg and Ben Sokhean
http://www.cambodiadaily.com/news/ncdm-lauds-flood-response-ngo-calls-for-better-coordination-46404/

Gov’t warns unions on demo

At least one union leader is butting heads with the Ministry of Labour as he encourages workers to join the planned opposition party demonstration on Saturday. A letter from the ministry sent to factories on Monday called on workers and unions to avoid participation in the ...

http://www.phnompenhpost.com/national/gov%E2%80%99t-warns-unions-demo

Cambodian garment workers rally over jobs

Around 4000 Cambodian garment workers are protesting after a factory supplying global brands including Gap and H&M fired hundreds of their colleagues for striking over conditions. Union leaders said the Singapore-owned SL Garment Processing factory fired 720 workers on Wednesday while more than 5000 others were ...

MSN NZ News Staff
http://news.msn.co.nz/worldnews/8718648/cambodian-garment-workers-rally-over-jobs

Profits dip for water authority

Second-quarter net profit for the exchange-listed Phnom Penh Water Supply Authority dropped nearly 26 per cent to $2 million from the same quarter a year ago, according to the most recent financial report released on October 11. Sim Sitha, the director-general of PPWSA, said the decrease ...

May Kunmakara
http://www.phnompenhpost.com/business/profits-dip-water-authority

CPP Lawmaker Says Election Monitor Could Face Legal Action

CPP lawmaker Chheang Vun said Wednesday that the National Assembly will take legal action against the Committee for Free and Fair Elections in Cambodia (Comfrel) for causing “chaos” in society by reporting the day before the national election that the indelible voter ink could be ...

Mech Dara and Colin Meyn
http://www.cambodiadaily.com/elections/cpp-lawmaker-says-election-monitor-could-face-legal-action-46712/

Inflation Rate at 4.2% to October

Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...

Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/

Small-scale protests continue

A day after authorities carted away 11 protesters intending to camp out in front of the United States embassy, a similarly ad hoc group of citizens struggled to deliver petitions to three embassies in the capital yesterday. The group of about 50 were blocked by police ...

Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/small-scale-protests-continue

After Protest, Government Speeds Up Land Titles for Kratie Families

Government officials have agreed to speed up the delivery of land titles promised to some 1,500 families in Kratie province after about 200 of them, angered by the months-long delay, protested outside their local commune office Monday. The protesters said they had their land measured in ...

Kuch Naren
http://www.cambodiadaily.com/news/after-protest-government-speeds-up-land-titles-for-kratie-families-49768/

Banteay Meanchey Soldiers File Complaint Against Superiors

Dozens of soldiers from the Royal Cambodian Armed Forces (RCAF) in Banteay Meanchey province have filed a complaint with rights group Adhoc accusing their superiors of serious corruption, stealing veterans’ pensions, nepotism and illegal logging. For three years, a representative of the soldiers said, they had ...

Saing Soenthrith
http://www.cambodiadaily.com/news/banteay-meanchey-soldiers-file-complaint-against-superiors-50393/

CNRP Asks Canada to Clarify Stance on Election

Representatives of the opposition CNRP in Canada have sent a letter to the Canadian government asking that it clarify its stance on the results of Cambodia’s national election after a former Cabinet minister took part in an international observer team that deemed the elections free ...

Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-asks-canada-to-clarify-stance-on-election-40006/

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