New Gov't Body to Regulate Telecom Industry
The government has agreed to create a regulatory body to ensure that companies operating in Cambodia’s telecommunications sector follow regulations and that companies that do not comply are held to account. According to a statement from the Council of Ministers, Prime Minister Hun Sen approved ...
Farmers to Sue Rubber Company, After Land Clearing
Five cashew farmers in Ratanakkiri province will file a lawsuit against Hong An Mang Yang K Rubber Development Company today at the provincial court after the company mistakenly burned down 13 hectares of cashew trees last week, a human rights official said on Friday. With cashew ...
Silver screen setting up
Sabay Company is set to open a cinema in Sorya Mall on August 4, aiming to become the second cinema in as many months to show licenced films in the Kingdom, Sabay Chief Commercial Officer Abhaya said yesterday. Legend cinema began showing primarily Hollywood movies in ...
http://www.phnompenhpost.com/index.php/2011072950715/Business/silver-screen-setting-up.html
City to Assess Damage to Riverside Buildings
Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...
Power Grid Key to Development
According to the Asian Development Bank (ADB) the regional and national power grids are key to development, though plans for their development have come under criticism by a number of NGOs who believe that power generation should be decentralized. The ADB’s Greater Mekong Subregion program ...
Erdos Group plans laid bare
Documents obtained by The Post have shed new light on the scale of Chinese investment connected with the controversial Boeung Kak lake real estate project. The US$98 million project in northern Phnom Penh is the smallest of Mongolia Erdos Hongjun Holding Group’s planned investments in ...
http://www.phnompenhpost.com/index.php/2011080350842/National-news/erdos-group-plans-laid-bare.html
Boeng Kak residents beaten back as homes razed
Excavators flattened eight houses and shops at the north end of Phnom Penh’s Boeng Kak lake on Friday as baton-wielding riot police pushed back distraught residents and badly beat one protestor who was among hundreds of locals who rallied against the latest round of demolitions. The ...
Oil-claims talks 'highly likely'
Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry ...
http://www.phnompenhpost.com/index.php/2011092351817/Business/oil-claims-talks-highly-likely.html
ADB meets wall of silence
Deputy Prime Minister Keat Chhon has failed to respond to a request made almost two months ago about the authenticity of a letter in which he allegedly urged Prime Minister Hun Sen to ban foreign NGOs from doing advocacy work in Cambodia, the Asian Development ...
http://www.phnompenhpost.com/index.php/2011093051889/National-news/adb-meets-wall-of-silence.html
Government suspends sending maids to Malaysia
Following repeated reports of abuse and illegal activity, Prime Minister Hun Sen on Friday ordered recruitment agencies to indefinitely stop sending Cambodian domestic workers to Malaysia, officials said Friday. Secretary of State for the Labor Ministry Oum Mean said that he had received unofficial information about ...
Borei Keila residents appeal for governor's help
About 100 residents of Phnom Penh’s Borei Keila community embroiled in a long-running land dispute with the powerful construction firm Phanimex filed a complaint at the Prampi Makara district offices on Friday, seeking the intervention of Phnom Penh governor Kep Chuktema and demanding that the ...
Government aims to boost lobster industry
A new lobster-breeding program could generate up to $600 million in revenues over the next five years, according to Nao Thuok, director of the Fisheries Administration at the Ministry of Agriculture Mr Thuok first mentioned the new breeding program at a meeting in Phnom Penh hosted ...
ACLEDA, Tong Yang sign MoU
Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market, the companies aimed to provide a combination of advisory and underwriting services for companies ...
http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html
High food prices shrink imports in third quarter
Food and beverage imports in the Kingdom fell more than 70 per cent in the third quarter, as high international prices and the growth of domestic production dragged on demand. About 192,580 tonnes of food and beverage products entered Cambodia between July and September, down 72 ...
Land titles sought in Kompong Thom
The Kampong Thom provincial governor issued a letter on Tuesday to villagers living in Santuk district, ordering them to provide documentation confirming their ownership of land they reportedly “purchased” from brokers after it had already been assigned to relocated families, officials said yesterday. Deputy district governor ...
Boeng Kak residents stand firm, continue protests
For the third time this week, Boeng Kak residents protested on Friday over claims that their land rights have been violated. More than 50 residents gathered outside the Srah Chak commune office to complain that a sub-decree issued by Prime Minister Hun Sen in August, ...
As rice harvest begins, grain's price soars
As the harvest of the wet season rice crop gets under way in many parts of the country, rice prices have started to increase, rice millers said yesterday. They said prices were now up about 15 percent compared to the same time last year, but ...
Rubber industry growth a priority
Cambodia aimed to become one of the region’s main rubber producers over the next few years despite the industry’s low international recognition, officials said during the second Global Rubber Conference, held in Phnom Penh on Friday. To that end, the Kingdom had encouraged companies and investors ...
http://www.phnompenhpost.com/index.php/2011112852994/Business/rubber-industry-growth-a-priority.html
MFI survey claims debtor success
A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...
Villagers in Prey Long Forest seize load of illegal timber
Faced with continued illegal logging in Prey Long forest, villagers in Kompong Thom province’s Sandan district once again took the initiative to seize a large haul of illegal timber from local loggers. Villagers, however, said that local officials are complicit in the logging ring and ...