Record growth in insurance
Cambodia’s insurance industry saw record growth in 2016 and was valued at $113 million, according to a report from the insurance Association of Cambodia (IAC). ...
Sok Chan
http://www.khmertimeskh.com/news/35153/record-growth-in-insurance/
Microlender in monster deal
Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...
Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal
Loggers detained in Thailand
Sixteen Cambodians were arrested on Monday for illegally crossing the border to log luxury rosewood trees in Thailand’s Sa Kaeo province. The men, aged between 16 and 55, were all residents of Battambang province. They were arrested in Pang Sida National Park with logging tools and ...
Ros Chanveasna
http://www.khmertimeskh.com/news/38744/loggers-detained--in-thailand/
Timber exported in secret
The government has granted a private company an export licence to transport $15 million worth of illegal timber bought at an auction last year to Vietnam, documents show. ...
May Titthara
http://www.khmertimeskh.com/5077733/timber-exported-secret/
Journalist Murdered in Ratanakkiri
A Cambodian journalist, who reported on forest crimes in Ratanakkiri province for a little-known newspaper, was found murdered in the trunk of his car yesterday, police said. Hang Serei Odom, 42, a journalist at the Khmer-language Virakchun Khmer Daily, had been missing since Sunday, when he ...
Deported home in disgrace
A Chinese woman found guilty of intentionally causing damage after tearing up photos of the late King Father was deported yesterday morning – a mere two days after the crime occurred. Wang Zia Chao, 43, who on Tuesday was given a suspended one-year prison sentence, left ...
http://www.phnompenhpost.com/index.php/2012102559412/National-news/deported-home-in-disgrace.html
ACU donations in spotlight
Lawyers have called on Cambodia’s Anti-Corruption Unit to implement transparent reporting on monetary donations it receives from individual politicians and government groups. During an anti-corruption training session on Friday, they pointed out the incapacitating influence the ACU would face if it tried to investigate a ...
http://www.phnompenhpost.com/index.php/2012062556994/National-news/acu-donations.html
Clinton Visits in Cambodia
Secretary Clinton will arrive in Phnom Penh on July 11 to participate in regional conferences, to both chair and attend ministerial events and to participate in bilateral meetings with Cambodian officials. Regional conferences include the ASEAN Regional Forum, the East Asia Summit Foreign Ministers Meeting. ...
Gold struck in Mondulkiri
An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the longer term. Renaissance Minerals managing director Justin Tremain told the ...
http://www.phnompenhpost.com/index.php/2012101159244/Business/gold-struck-in-mondulkiri.html
Kampot pepper in demand
Demand for Kampot pepper, the first Cambodian product to receive Geographical Indication (GI) status, is outpacIng current supply even as areas of cultivation are expandIng. Industry experts say the fast-growIng demand is a result of the pepper’s newly earned GI label, which attests to its quality ...
http://www.phnompenhpost.com/2013040164802/Business/kampot-pepper-in-demand.html
Investments in Cambodia Up
Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd
Arrests Threatened In Ratanakkiri
Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. Sav Finh, leader of Lom village’s forestry protection committee, ...
http://www.phnompenhpost.com/2013051565625/National/arrests-threatened-in-ratanakkiri.html
Charges in Ratanakkiri arson
The Ratanakkiri Provincial Court yesterday charged two staffers of Vietnamese rubber concessionaire Hoang Anh Ratanakkiri (CRD) with causing intentional damage for allegedly setting fire to several homes belonging to a landowner with whom they were embroiled in a land dispute, deputy prosecutor Mom Vanda said. ...
http://www.phnompenhpost.com/2013051665652/National/charges-in-ratanakkiri-arson.html
Tourists in trouble rise
Crimes and traffic accidents of which tourists were the victims increased by 33 per cent in the first six months of 2013, compared with the same period last year. Tourism Police Department director Nhearn Vibol said that 396 tourists had fallen victim to crime and motor ...
http://www.phnompenhpost.com/2013062066385/National/tourists-in-trouble-rise.html
Unionists remain in hospital
Blinded, bloodied and barely conscious, two unionists who were nearly beaten to death after passing out pro-union literature in front of a Phnom Penh garment factory remained in their hospital beds yesterday, awaiting a possible transferral to Vietnam. The vicious attack in front of Dayup ...
Mom Kunthear
http://www.phnompenhpost.com/national/unionists-remain-hospital
A lesson in caution
After nearly 50 garment workers were killed last year while travelling to or from their respective factories, the Ministry of Labour has urged truck drivers who cram dozens into the back of vehicles each day to take more care on the roads. in an information session ...
Sen David
http://www.phnompenhpost.com/national/lesson-caution
Protesting villagers in hiding
Two ethnic Kuoy villagers in Preah Vihear province’s Tbeng Meanchey district are in hiding after rumours circulated yesterday that police were seeking to arrest them for participating in a protest against two Chinese plantation firms last week. ...
Phak Seangly
http://www.phnompenhpost.com/national/protesting-villagers-hiding
Troubling contrasts in ASEAN
Some of these ASEAN economies are not like the others. Singapore is 80 times richer than Myanmar and its population lives 20 years longer than Cambodia’s, while Myanmar ranks 50 places behind Cambodia in terms of global competitiveness, according to a wide-ranging analysis from the World ...
Joe Freeman
http://www.phnompenhpost.com/business/troubling-contrasts-asean
Slums in capital decried
Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...
Sen David
http://www.phnompenhpost.com/national/slums-capital-decried