Preah Vihear villagers reject offer
The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...
Sen David
http://www.phnompenhpost.com/national/preah-vihear-villagers-reject-offer
Boeung Trabek residents resist offers
Residents of Phnom Penh’s Boeung Trabek area yesterday balked at the options to either pay the government for land certificates or sell their land to the municipality during a forum attended by local authorities, area inhabitants and housing rights officials. City officials earlier this year said ...
Sen David
http://www.phnompenhpost.com/national/boeung-trabek-residents-resist-offers
Bourse offers primer on disclosure
The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/
Bank now offers gold accounts
Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...
http://www.phnompenhpost.com/index.php/2012070957291/Business/cimb-offers-gold-accounts.html
Industry leaders voice concern over sky-high cost of electricity
Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...
Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity
New policy to combat corruption in schools
The Education Ministry will reconfigure how it ranks high school graduates seeking placement at state universities as part of its campaign to promote accountability in the school system, Education Minister Hang Chuon Naron announced on Friday. Delivering closing remarks at the Education Ministry’s annual meeting, Mr. ...
Kuch Naren and Emily Wilkins
http://www.cambodiadaily.com/news/new-policy-to-combat-corruption-in-schools-54886/
Factory Dining Hall Collapses in Phnom Penh; 23 injured
The dining hall of a garment factory in Phnom Penh’s Meanchey district that supplies clothes to U.S. brand Gap collapsed into a pond Monday, injuring more than 20 workers who were eating lunch, workers and officials said. The hall, which is part of Top World Garment ...
Cambodia hosts 3rd World Eco-Tourism Forum
Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...
CEOs see auto, ICT, finance sectors as top growth picks
Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...
Protected forest reclassified as private land
The entirety of three protected forests are now classified as private land, an investigation from rights group Adhoc has found, along with tens of thousands of additional hectares of what has once been state public land In three cases, Adhoc’s findings show that entire protected forests ...
Gov’t fights back on ‘useless’ education claim
Education Minister Hang Chuon Naron yesterday slammed opposition leader Sam Rainsy for dismissing university degrees in the country as value-less and labeling the education system one of the poorest in the world. ...
Ven Rathavong
http://www.khmertimeskh.com/news/16635/gov---t-fights-back-on----useless----education-claim/
Financial Institute of Cambodia prepares people for a career in the stock exchange
The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...
B Kak Firm Seeks Bauxite in Mondolkiri
Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...
'Land Grabs' Mar Cambodia's Boom, Rattle Investors
Phnom Penh–Kong Song’s farmland was his family’s livelihood for three decades until the bulldozers moved in and tore down his home in rural Cambodia to make way for a multimillion dollar foreign-led business. His family was one of 253 forcibly evicted five years ago in southern ...
http://www.reuters.com/article/2011/09/01/cambodia-evictions-idUSL3E8JD2DV20110901
BHP bribery scandal not thoroughly investigated
Reports have today emerged criminal allegations that BHP Billiton employees bribed officials in Cambodia and China were not thoroughly investigated by the Australian Federal Police, with the matter instead being passed over to corporate regulator ASIC, which also ran no in-depth investigation. The documents released ...
http://www.miningaustralia.com.au/news/bhp-bribery-scandal-not-thoroughly-investigated
Largesse and threats ahead of election
Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...
http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html
Hor Namhong Asks for More Cash for Rail Project
Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...
http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/
Nike calls for probe on Cambodian police clash with garment workers
Nike expressed “deep concerns” over the May 27 incident at the Sabrina Cambodia Garment Manufacturing plant outside Phnom Penh, in a letters to Cambodia’s commerce and labour ministers released late Friday in the United States. Following the violence, eight workers and trade union members were ...
Condom packers seek ‘unpaid’ bonuses
Forty-four Number One and OK condom packers, out of work since their contracts ended on Sunday, protested outside the office of health NGO Population Services Khmer (PSK) in Phnom Penh yesterday, demanding “unpaid” seniority bonuses. Representative So Nita said the workers, four of whom have physical ...
http://www.phnompenhpost.com/2013070266603/National/condom-packers-seek-unpaid-bonuses.html
REDD+ forest clearing unabated: community
Since last year, up to a half of nearly 8,000 hectares of community forest has been encroached upon and cleared in Oddar Meanchey province’s Banteay Ampil district by soldiers, community representatives said yesterday. Din Heng, chief of Ang Dong Bor community, said the army has cleared ...
http://www.phnompenhpost.com/national/redd-forest-clearing-unabated-community