Economy and commerce
Vietnamese funding curbs will not delay hospital development
Despite Vietnamese state-owned companies withdrawing funding from projects outside of their core business, the $20 million expansion of the Vietnamese-backed Cho Ray Phnom Penh Hospital remains on track, the hospital’s head said yesterday. In July 2012 the Vietnamese government requested that state-owned enterprises withdraw investment in ...
Daniel de Carteret
http://www.phnompenhpost.com/business/vietnamese-funding-curbs-will-not-delay-hospital-development
Bus company sues strikers
After grappling with weeks of on-again, off-again strikes, the Phnom Penh Sorya Transportation bus firm has filed complaints against 20 former employees for incitement, making threats and using the company uniform without permission. General manager Chan Sophanna said yesterday that the company filed the complaints to ...
Mom Kunthear
http://www.phnompenhpost.com/national/bus-company-sues-strikers
AAA takes flight from Japan to Siem Reap
Asia Atlantic Airlines (AAA) made its first flight from Japan’s Narita International Airport to Siem Reap on May 3 with more than 260 tourists on board – and there are more to come. AAA ran the test flight last week before committing to two flights per ...
Hor Kimsay
http://www.phnompenhpost.com/business/aaa-takes-flight-japan-siem-reap
Garment protest trial defendants deny charges
Defendants in a mass trial of 25 men and teenagers accused of joining a string of violent garment worker protests continued to profess their innocence during the second day of hearings at the Phnom Penh Municipal Court on Tuesday. Twenty-three of the men were arrested in ...
Khy Sovuthy and Eang Mengleng
http://www.cambodiadaily.com/news/garment-protest-trial-defendants-deny-charges-58166/
Families petition City Hall over wall built in road
More than 170 families in Phnom Penh’s Meanchey district submitted a petition to City Hall on Monday complaining about wealthy businessman Khun Sear’s decision to build a wall in the middle of a road in their neighborhood. The road in Chak Angre Leu commune is under ...
Ben Sokhean
http://www.cambodiadaily.com/news/families-petition-city-hall-over-wall-built-in-road-58176/
Giant development in Cambodia hinges on Chinese buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.property-report.com/cambodias-mega-development-lures-chinese-investors-34672
Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
Protest planned for 2nd day of garment protest trials
Some 500 supporters of union leader Vorn Pao and 24 others arrested during a string of garment worker protests since November will rally in front of the Phnom Penh Municipal Court on Tuesday on the second day of their trials, a union official said. All 25 ...
Khuon Narim
http://www.cambodiadaily.com/news/protest-planned-for-2nd-day-of-garment-protest-trials-58141/
A way of life falls with trees
The Phnong ethnic minority in Mondulkiri province have heard the promises of development before. With increasing investment and the selling off of the region’s forests will come new roads and schools, they are told. But people in this ancient community, tired of seeing their sacred forests handed ...
May Titthara
http://www.phnompenhpost.com/national/way-life-falls-trees
Families ask Hun Sen for help to reclaim farms
Dozens of representatives from at least 100 recently evicted families accused of illegally occupying state land in Kratie province traveled to Phnom Penh on Monday morning to petition Prime Minister Hun Sen for his help getting their land back. The families say local authorities have been ...
Aun Pheap
http://www.cambodiadaily.com/news/families-ask-hun-sen-for-help-to-reclaim-farms-58137/
Aeon microfinance booms with mall on horizon
When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...
George Styllis
http://www.cambodiadaily.com/news/aeon-microfinance-booms-with-mall-on-horizon-58122/
Hun Sen to visit Russia
Russia invites some Ministers of Cambodia to visit Russia to sign Memorandum of Understanding on bilateral consultation between the two countries, a government official said. The invitation was made during a meeting Monday between Cambodia’s Foreign Minister Hor Namhong and Dmitry Tsvetkov, new Russian Ambassador to ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=YjA5ODNhZGM4YzI
Cambodia exports 120,291 tons rice January-April, 2014; up 1.5% from last year
Cambodia exported about 120,291 tons of rice in first four months of calendar year 2014, up about 1.5% from about 118,504 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-exports-120291-tons-rice-january-april-2014-15-last-year
Cambodia receives 1.27 mln foreign tourists in Q1
Cambodia welcomed some 1.27 million international visitors in the first three months of 2014, an 8 percent rise from 1.17 million recorded the same period last year, official data showed Monday. During the January-March period, Vietnam topped the chart among the top ten markets of tourists ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-05/06/c_133313841.htm
Ministry fails to settle fears over Koh Kong dam
A meeting at the Ministry of Mines and Energy on Friday about plans for a controversial hydropower dam in Koh Kong province failed to assuage fears among those trying to stop the project that construction had already been approved. During Friday’s meeting, officials from the ministry ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/ministry-fails-to-settle-fears-over-koh-kong-dam-58021/
More Phnom Penh residents facing possible eviction
Dozens of villagers in Phnom Penh’s Russei Keo district are facing eviction after the National Cadastral Commission announced last week that a number of areas in Tuol Sangke commune are earmarked for future redevelopment. The commission’s plans for new projects, including a road widening, were posted ...
Ben Sokhean
http://www.cambodiadaily.com/news/more-phnom-penh-residents-facing-possible-eviction-58031/
Deposits rally after election outflows
Savings levels at Cambodia’s microfinance institutions (MFIs) have recovered well since the widespread withdrawal that followed last July’s disputed national election, with more than $90 million deposited in the first quarter of this year. The amount of deposits in MFI accounts fell from $378 million in ...
Hor Kimsay
http://www.phnompenhpost.com/business/deposits-rally-after-election-outflows
Ibis Rice exports on horizon
The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...
Eddie Morton
http://www.phnompenhpost.com/national/ibis-rice-exports-horizon
Labor minister says solution to Bavet strike in the works
On the sidelines of a government event marking International Labor Day, Labor Minister Ith Sam Heng on Thursday blamed recent strikes in Bavet City on unnamed provocateurs, but said efforts were underway to resolve the dispute. He also said that a government-ordered shutdown of the 30-plus ...
Aun Pheap and Khuon Narim
http://www.cambodiadaily.com/news/labor-minister-says-solution-to-bavet-strike-in-the-works-57942/
Flood concerns eased by cassava price hikes
Despite flood damage causing reduced production levels, cassava farmers in Pailin province are benefiting from an increase in the purchasing price, provincial department of agriculture officials say. “This year’s harvest dropped to 25 tonnes per hectare from 30 tonnes per hectare last season because of the ...
Chan Muyhong
http://www.phnompenhpost.com/business/flood-concerns-eased-cassava-price-hikes-0
Police make arrest, file complaints in Bavet strike
Police in Svay Rieng province on Tuesday arrested a garment worker for allegedly breaking a car window during a strike that turned violent in Bavet City the day before, and have filed complaints to the provincial court against two union representatives accused of defamation. The arrest ...
Aun Pheap
http://www.cambodiadaily.com/news/police-make-arrest-file-complaints-in-bavet-strike-57856/
Joint venture to embark on SoHo twin-tower project
Singaporean investors will invest $300 million to erect a twin-towered commercial building called The Bridge, in downtown Phnom Penh. The Bridge, which is a joint venture between Singapore Oxley Holdings and Cambodia World Bridge Land, aims to make its mark on the city landscape by constructing ...
Sum Manet
http://www.phnompenhpost.com/real-estate/joint-venture-embark-soho-twin-tower-project
Villagers in land dispute with Phanimex petition authorities
Four hundred Kandal villagers locked in a land dispute in Ponhea Leu district with development company Phanimex submitted a petition Wednesday to district authorities and rights group Adhoc calling for a solution. The petition came a day after villagers blocked National Road 5 for more than ...
Ben Sokhean
http://www.cambodiadaily.com/news/villagers-in-land-dispute-with-phanimex-petition-authorities-57882/
Areng Valley group, villagers to visit Mines Ministry
The Ministry of Mines and Energy invited the head of an NGO battling to stop construction of a highly criticized dam in a remote area of Koh Kong province to meet with ministry officials Friday. Signed by Mines Minister Suy Sem and dated April 25, the ...
Khuon Narim
http://www.cambodiadaily.com/news/areng-valley-group-villagers-to-visit-mines-ministry-57870/