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Compulsory insurance for car owners planned

Private car owners could soon be required to buy motor insurance if a planned law amendment gets the green light, stoking optimism that such a bill could put the brakes on Cambodia’s high rate of hit-and-run accidents. Currently, only commercial vehicles, such as buses, legally require ...

http://www.phnompenhpost.com/2013051465590/Business/compulsory-insurance-for-car-owners-planned.html

Hong Kong delegation seeks business opportunities in Cambodia

A delegation from China’s Hong Kong Special Administrative Region are currently seeking possibilities to broaden bilateral trade and investment ties in Cambodia. The delegation comprising of business executives from 24 different firms in the financial and professional services, infrastructure and real estate, garments and textiles, telecommunications, ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2Y2MTQ4Zjk2YmR

Rubber firm has plans in Cambodia

Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia. “We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” ...

http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html

Villagers protest hike in electricity expense

More than 60 villagers from Kampong Cham province’s Stung Trang district staged a protest on Monday at Arak Tnort commune hall, demanding answers for a massive price hike that has accompanied the installation of electricity meters ahead of a planned switchover to state-provided power. Private company ...

http://www.phnompenhpost.com/national/villagers-protest-hike-electricity-expense

PTT petrol stations filling up

Thailand’s PTT Cambodia, a subsidiary of the kingdom’s state-owned oil and gas conglomerate PTT Public Company Limited, expects to more than double the amount of petrol stations it manages in Cambodia by the end of 2017, a senior executive in the company said this week. ...

Laura Ma
http://www.phnompenhpost.com/business/ptt-petrol-stations-filling

ADB lends 70 mln USD to Cambodia for rice commercialization, finance reforms

The Government of Cambodia and the Asian Development Bank (ADB) on Monday signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector, an ADB’s statement said. Signed by Cambodian Deputy Prime Minister and Finance Minister Keat Chhon ...

Xinhua News Staff
http://www.globaltimes.cn/content/806367.shtml#.UhsAYtKBmN8

New hope for SL strike resolution

With union and company officials at one of Asia’s largest garment factories making no progress in resolving a strike that has lasted nearly three months, a pair of labour relation groups are working on an agreement that all sides hope will end the deadlock. officials from ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/new-hope-sl-strike-resolution

SL reps, unionists to sign deal to end strike

A nearly four-month strike, punctuated by a violent clash between unionists and police that left one bystander dead, could come to an end this afternoon. Officials from SL Garment Processing (Cambodia) Ltd and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) – which represents a ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/sl-reps-unionists-sign-deal-end-strike

Sok An: conspiracy apparent between opposition, Comfrel, NDI over election figures

Cabinet Minister, Sok An on Tuesday has accused the opposition Cambodia National Rescue Party of conspiring with Comfrel and the National Democratic Institute (NDI) over the forgery of the election figures. Speaking at the fifth general election book launching ceremony, he said the opposition party ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDFiOWU1NDFiZjI

Opposition party wants equal committee posts in parliament: Sar Kheng

Acting Prime Minister Sar Kheng on Wednesday said that opposition leader Sam Rainsy, now doesn’t want the parliament chairmanship chair post, but equal committee posts within the parliament. Speaking to reporters after delivering certificates to 3,000 police officers, he said Sam Rainsy phoned him and told ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NGUwNzE2ZmZkYjA#sthash.zE5aIsK1.dpuf

Law Aimed at Protecting Local Products Approved

The Council of Ministers has approved a draft law aimed at protecting the patent rights of traditional Cambodian products, which if violated could be met with a fine of up to $5,000 and a five-year jail term. The law on geographical indication (G.I.), a status given ...

Hul Reaksmey and George Styllis
http://www.cambodiadaily.com/news/law-aimed-at-protecting-local-products-approved-46855/

Baby saved from ‘traffickers’

A 7-month-old baby, a woman and two men en route to Malaysia were rescued from two alleged traffickers near the Cambodia-Thai border in Banteay Meanchey’s Poipet town, police said yesterday. Heng Chhun, 48, and Som Na, 38, will face charges related to human trafficking, Prum Sonthor, ...

Sen David
http://www.phnompenhpost.com/national/baby-saved-%E2%80%98traffickers%E2%80%99

Luxury wood charge floated

About 300 cubic metres of luxury timber is being felled every day and transported on boats to Vietnam and Thailand from four districts in Koh Kong province, according to an investigation by a local rights group. Chea Hean, director of the Natural Resource and Wildlife Preservation ...

Phak Seangly
http://www.phnompenhpost.com/national/luxury-wood-charge-floated

Dubious Cancer Clinic Still Open for Business

The Phnom Penh municipal health department on Monday said that it would allow a health center claiming to cure diseases such as cancer and diabetes through “detox” treatments to remain open, despite previous claims that it had already been shut down. Sok Sokun, director of the ...

Sek Odom
http://www.cambodiadaily.com/news/dubious-cancer-clinic-still-open-for-business-48973/

Cambodia's inflation stands at 2.9 pct in first half of 2013: central bank

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/28/c_132670860.htm

OZ takes Renaissance scrip for cash

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/

ILO-BFC unveils worker mobile phone call-in project report

The International Labour Organisation’s Better Factories Cambodia program (BFC) releases the first report from its mobile phone call-in project aimed at educating garment and footwear workers. The mobile phone project entitled Kamako Chhnoeum (‘Outstanding Worker’ in Khmer) received 3,245 valid phone calls in its first two ...

Fibre2Fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=154799

Acleda debuts its credit card

ACLEDA officially launched its first credit card on Friday as Cambodia’s largest bank eyes the country’s rising middle income bracket, president and CEO In Channy said yesterday. “This is the right time for us to start this Visa credit card product. By 2020, Cambodia will change ...

Daniel de Carteret
http://www.phnompenhpost.com/business/acleda-debuts-its-credit-card

Villagers in Land Dispute Detain Workers, Confiscate Equipment

Villagers involved in a land dispute in Battambang province on Monday temporarily detained six men working for an agribusiness firm who were preparing the disputed land to be cleared, residents and police said. The six workers were using mine detectors to check for unexploded ordnance in ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-in-land-dispute-detain-workers-confiscate-equipment-50594/

Amid Outpouring of CPP Support, CNRP Calls Another Rally

With the opposition CNRP set to hold a rally at their party headquarters in Kompong Cham province Sunday, the CPP government deployed hundreds of police and military police to the area as ruling party supporters staged a rival rally, forcing opposition leaders to call off ...

Phorn Bopha and Mech Dara
http://www.cambodiadaily.com/news/amid-outpouring-of-cpp-support-cnrp-calls-another-rally-51050/

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