News

Villagers denied land titles after demarcation

Sixty families in Kompong Cham province's Krathor district are planning to file a complaint with provincial authorities after local land management officials decided to take away their registration documents for land titles under Prime Minister Hun Sen's recently launched titling program. Pon Pumm, 44 a farmer, ...

http://www.cambodiadaily.com/

Pakistan-Cambodia ties set to strengthen

PAKISTAN is looking to further improve its trade, investment and tourism ties with Cambodia, officials said. Data from the Embassy of Pakistan shows that bilateral trade between the two countries has been good in recent years. In 2011, the total value of two-way trade reached $16 ...

http://www.phnompenhpost.com/2012121760307/Business/pakistan-cambodia-ties-set-to-strengthen.html

Fresh arrests on Laos border

Cambodian authorities announced yesterday they would release six Laos who were arrested in Cambodia last Thursday on suspicion of illegal logging, provided that Laos cooperates with broader border negotiations in Stung Treng province’s Siam Pang district, where the men were arrested. Svay Nhoun, a Stung Treng ...

http://www.phnompenhpost.com/2012121760313/National/fresh-arrests-on-laos-border.html

Cambodia passes fire prevention draft law

The Government of Cambodia on Friday passed a draft law on fire prevention in order to contribute to maintaining security, social safety, public order, and life and property protection, according to a media statement released after the weekly Cabinet meeting. ... In the meeting, Hun Sen ...

http://news.xinhuanet.com/english/world/2012-12/14/c_132041591.htm

Cambodia's world heritage Preah Vihear temple greets 93,340 tourists in 11 months

Cambodia's Preah Vihear Temple, one of the world heritage sites, welcomed about 93,340 local and foreign visitors in the first 11 months of this year, up 87 percent compared with 49,740 tourists at the same period last year, the statistics of Preah Vihear provincial tourism ...

http://news.xinhuanet.com/english/world/2012-12/14/c_132040745.htm

Axiata rating not affected by Hello merger with Smart

Standard & Poor's said Friday that its rating and outlook on Malaysia's Axiata Group Bhd was not affected by its acquisition of Latelz Co Ltd. "We do not expect the acquisition to significantly affect Axiata's operating and financial performances," the international rating agency said in a ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWRiMmE2MmM3MWU4YTA5ZDM0YjM5MzkzZTY2YjYw

Beehive Radio owner loses appeal

The Phnom Penh Court of Appeal ruled Friday that Beehive Radio owner Mam Sonando should continue serving his 20-year sentence for sedition. ... On October 1, the radio station owner was sentenced to 20 years in jail and fined 10 million riel in relation to a ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTZiOTk5ZWRhYmVlZGZjZWIxNGVhOWNhOTA3ODQ3

Government Bank Gives Loan for Rice Milling

The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia's efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company ...

http://www.cambodiadaily.com

Strikers know when to fold 'em

More than 300 workers from the Tropicana Casino and resort in Banteay Meanchey provinces's Poipet town obeyed a court order to end striking and return to work yesterday and official said. Hong Prakorb, a provincial official for the Labour Ministry said more than 200 workers ...

http://www.phnompenhpost.com/

ADB Report Says Cambodia Must Train More Skilled Workers

Cambodia is in need of more skilled workers in order for the economy to grow and move beyond basic manufacturing jobs, the Asia Development Bank (ADB) said in a new report. "The skills demand in Cambodia is for low-skilled workers, and this demand reinforces the current ...

http://www.cambodiadaily.com

Thai-Cambodia buses ready to roll

Thailand and Cambodia will launch the first bus services linking Bangkok with Siem Reap and Phnom Penh in the next two weeks. The first bus service between the two countries will debut on Dec 29, said The Transport Co, a state enterprise under the Transport Ministry. The ...

http://www.bangkokpost.com/breakingnews/326227/thailand-to-launch-bus-routes-to-cambodia

Rights groups wary of ban on internet cafés

Rights workers cautioned yesterday that a sweeping ban on internet cafés near schools was little more than a thinly veiled act of censorship. Issued last month by the Ministry of Post and Telecommunications, the circular says all internet cafés within 500 metres of a school must ...

http://www.phnompenhpost.com/National/rights-groups-wary-of-ban-on-internet-cafes.html

Phnom Penh court reopens investigation on land case

A verdict in the land encroachment case against a prominent businesswoman was not delivered as expected yesterday, after a judge ordered the case be re-investigated due to a lack of evidence. Phnom Penh Municipal Court tried Chhin Sokountheary, director of Layimex Holdings Group, in absentia on ...

http://www.phnompenhpost.com/National/phnom-penh-court-reopens-investigation-on-land-case.html

New services, branches in Cambodia woo bank customers

Maybank, one of the largest banks in Cambodia, has officially launched an internet banking service to provide a convenient service to its more than 10,000 customers and says it hopes to increase that number by around 10 per cent. The service, called M2U, will enable customers ...

http://www.phnompenhpost.com/Business/new-services-branches-woo-bank-customers.html

The week at the CSX: Nov 26th - Dec 5th

Stock trading at the Cambodia Securities Exchange of the only publicly listed company, Phnom Penh Water Supply Authority, slightly fluctuated in terms of both trading volume and price in the last five trading days from Nov. 26 to Dec. 5. On Nov. 26, one day before ...

http://www.etmcambodia.com/viewarticles.php?articlesid=329

Striking Casino Workers Court Ordered Back to Work

The Banteay Meanchey provincial court has ordered casino workers in a border town to resume work, following a five day strike over poor working conditions. ... The provincial court judge, Pich Vicheathor, told workers they must resume their work or be fired, workers said. The workers say ...

http://www.voacambodia.com/content/striking-casino-workers-court-ordered-back-to-work/1563653.html

Cambodia Boosting Efforts To Attract US Investors

Cambodia is ramping up efforts to attract US investment, especially because it benefits from trade preferences due to its status as a least-developed country, Cambodian Commerce Minister Cham Prasidh says. ... Cambodian products can be imported duty free to a number of markets, including Europe and ...

http://www.voacambodia.com/content/cambodia-boosting-efforts-to-attract-us-investors/1563626.html

Axiata's Cambodian unit expands through M&A

Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...

http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business

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