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Documents revealed in massive fraud case

The documents concern a court case brought by representatives of Hong Kong-based Enviro Group Holdings Limited who are suing John Davies and Lim Lian Tho – both former company directors of Phnom Penh based subsidiary Enviro Corporation (Cambodia) Ltd – and Mark McCluskey, a lawyer ...

http://www.phnompenhpost.com/index.php/2011070550183/National-news/documents-revealed-in-massive-fraud-case.html

Bank Says No Railway Evictee To Be Left Behind

The Asian Development Bank announced yesterday that the organizations behind the rehabilitation of Cambodia’s railways, including the government and the Australian development agency, have jointly pledged to address the complaints of people facing eviction from dwellings across the rail lines. The Australian government provided ...

More money for meat

Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...

http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html

Growth in vehicle sales fuelled by bank loans, dealers say

Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...

http://www.phnompenhpost.com/index.php/2011070450153/Business/growth-in-vehicle-sales-fuelled-by-bank-loans-dealers-say.html

Online launch voice

Internet service provider Online is aiming to compete in the voice call market with its latest product, TalkMobile, a Skype-like application for handsets. Customers buy US$2 a month in credit to use the internet-based TalkMobile, and then pay prices ranging from about 6 cents a ...

http://www.phnompenhpost.com/index.php/2011070450152/Business/online-launch-voice.html

Overloaded vehicles at issue

Overloaded vehicles are contributing to a more rapid than anticipated deterioriation of Cambodia’s road network, experts said yesterday The ADB has funded an axle-load control programme as part of a US$1 million technical package to support government rehabilitation of about 150 kilometers of the Kingdom’s roads. ...

http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html

June Textile Reps Solicit Aid from UN Labor Org

Representatives of the former employees of the June Textile Factory in Phnom Penh on Friday wrote to the International Labor Organization asking for help after they claimed the factory failed to make severance payments won by an Arbitration Council decision two weeks ago. Mr ...

Boeng Kak Residents Ask US Embassy For Help

About 200 Boeung Kak residents gathered in front of the US Embassy in Phnom Penh yesterday, seeking help from US Ambassador Carol Rodley in lobbying to have their housing requirements fulfilled. Arrriving at the embassy yesterday at 7:30 am, villager were told by a guard that ...

GMAC head sets clothing export goal

Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia [GMAC] President Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he said. ...

http://www.phnompenhpost.com/index.php/2011070550174/Business/garment-gains-gmac-head-sets-clothing-export-goal.html

Sand dredging hits eco-resort

An enormous sand dredging operation in Koh Kong province has escalated, a resort owner said yesterday, with boat crews allegedly trespassing onto private land and digging sand within hundreds of metres of the complex. Janet Newman, the owner of the Rainbow Lodge eco-tourism resort, said ...

http://www.phnompenhpost.com/index.php/2011070150119/National-news/sand-dredging-hits-eco-resort.html

City Hall bans June Textile rally

The president of the Cambodian Confederation of Unions said yesterday that he would defy a municipal order banning employees from June Textile Factory from marching to Prime Minister Hun Sen’s house to seek resolution in a labour dispute. According to a report from a City ...

http://www.phnompenhpost.com/index.php/2011070150121/National-news/labour-dispute-city-hall-bans-june-textile-rally.html

Mobile phone revenues per user to decline

Revenues per user in Cambodia’s mobile phone sector will drop sharply over the next five years, according to global research and consultancy firm Frost & Sullivan. The company said the average revenue per user – ARPU, a key metric for the industry – would fall ...

http://www.phnompenhpost.com/index.php/2011070150112/Business/mobile-phone-revenues-per-user-to-decline.html

Thai Exports Ban to Benefit Hog Farmers

A ban of live pig exports by Thailand will benefit local farmers as prices are expected to rise. According to the MSME Project most of the pork in Cambodia comes from Thailand. Only 40 to 50 percent of Cambodia’s hogs are supplied by domestic farmers. ...

Farmers Look to Cassava for Its High Prices

The number of farmers growing cassava in Cambodia has increased with the land dedicated to its cultivation having been doubled this year. Floods in Thailand resulted in a drop in availability increasing demand and as a result prices. 294,359 hectares of cassava have been planted ...

Arbitrators Now Express Support for Exams

Having completed their exams trainee arbitrators have applauded them as fair and transparent. 33 of the 45 candidates have successfully passed the exams. In December 2010 Prime Minister Hun Sen signed an order requiring arbitrator candidates to take an exam, after the establishment of the ...

‘Downgrade’ of railway homes

Compensation for Phnom Penh villagers set to be displaced by railway reconstruction may be insufficient due to a “systematic downgrade” of the value of their homes by the government, a report released yesterday said. The report, issued by the NGO Sahmakum Teang Tnaut, said the ...

http://www.phnompenhpost.com/index.php/2011070550186/National-news/downgrade-of-railway-homes.html

Overloaded vehicles at issue

Overloaded vehicles are contributing to a more rapid than anticipated deterioration of Cambodia’s road network, experts said yesterday. “The cost of overloading causes problems to everyone involved, but it is easy to control damage if we have good system in place. This is the only ...

http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html

More Concessions Granted in Protected Areas

Six additional economic land concessions have been granted, totaling 46,000 hectares in protected areas. As a means to spur agribusiness companies the concessions include two in Phnom Aural Wildlife Sanctuary in Kompong Speu province. Prime Minister Hun Sen signed in the grants on June 3 ...

BDO expands Cambodia operations

The former country partner and staff of Grant Thornton Law and Associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. As a result, BDO Cambodia’s team will now comprise over 30 staff and partners, a ...

http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html

1,000 hectare land grab alleged

Villagers in Preah Sihanouk province have accused a businessman of bulldozing almost 1,000 hectares of their farm land in complaints filed to relevant authorities and the provincial court last week. Pin Lean Hun, a village representative, said yesterday rice paddies, vegetable patches and jackfruit trees ...

http://www.phnompenhpost.com/index.php/2011070550182/National-news/1000-hectare-land-grab-alleged.html

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