Agriculture and fishing

First 10 months of year's exports up 32.9 percent

Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...

Hun Sen extends Tonle Sap fishing lot closure

While crediting his efforts to quash illegal fishing with a surge in this year’s fish stocks, Prime Minister Hun Sen said yesterday that he would extend the closure of 35 large Tonle Sap lake fishing lots until 2014. Speaking at a road paving project inauguration in ...

Chinese bank launches branch in Phnom Penh

The Industrial and Commercial Bank of China (ICBC) launched its first branch in Cambodia yesterday, bringing the total number of commercial banks in the country to 30. Speaking at the inauguration of the branch in Phnom Penh, Finance Minister Keat Chhon made an appeal to ICBC ...

Protest over fishing lot bidding continues

Government officials sent conflicting messages yesterday over how they would handle the complaints of about 50 businessmen from Kompong Cham province who continued to protest at the Fisheries Administration over Prime Minister Hun Sen’s decision to cancel their bids to operate fishing lots. Por Try, secretary ...

US Senate calls for delay of Mekong dams

As Mekong River Commission (MRC) countries prepare for a crucial meeting next week to debate Laos’ proposal to build the first Lower Mekong River dam, the US Senate Foreign Relations Committee has called for a delay of the controversial project. The US Senate’s concern was echoed ...

60 businessmen protest annulment of fishing lot licenses

About 60 businessmen from Kompong Cham province protested at the Agriculture Ministry yesterday over Prime Minister Hun Sen’s decision to cancel their bids to operate fishing lots. Mr Hun Sen on Friday annulled the results of an October bidding process for companies interested in operating fishing lots ...

Villagers locked in land dispute threaten arson

Police and military police stopped about 200 villagers from entering rice fields in Battambang province yesterday, saying they had no right to harvest in the 100-hectare area because it belonged to well-known businessman Song Thon, villagers said. Chhut Mao, a 64-year-old village representative of Lvea commune, ...

http://www.phnompenhpost.com/index.php/2011113053053/National-news/villagers-locked-in-land-dispute-threaten-arson.html

Environmental group calls for halt of Laos' Mekong Dam

Environmental Group World Wildlife Fund yesterday called on the four member governments of the Mekong River Commission (MRC) to shelve Laos’ proposal to build the first Lower Mekong River hydropower dam when the countries meet next week in Siem Reap province. Las has planned numerous dams ...

Rubber industry growth a priority

Cambodia aimed to become one of the region’s main rubber producers over the next few years despite the industry’s low international recognition, officials said during the second Global Rubber Conference, held in Phnom Penh on Friday. To that end, the Kingdom had encouraged companies and investors ...

http://www.phnompenhpost.com/index.php/2011112852994/Business/rubber-industry-growth-a-priority.html

Villagers salute Chea Dara

A mother whose family face eviction from their home at Boeung Kak lake was farewelled at a funeral on Saturday evening, hours after her body was found in the Mekong River. Chea Dara’s body was identified by family members on Saturday in Samraong Thum commune, Kien ...

http://www.phnompenhpost.com/index.php/2011112853004/National-news/villagers-salute-chea-dara.html

Hun Sen annuls results of bids for fishing lots

After discovering that government officials had fixed a bidding process for companies interested in operating fishing lots on the Mekong River, Prime Minister Hun Sen on Friday annulled the results of the bidding and rescheduled it for next year. Speaking at a plenary session at the ...

Cambodia among most deforested countries

Cambodia has one of the world’s highest rates of deforestation, ranking ninth among 180 countries in terms of forest loss during the past decade, according to a new study, which said that economic land concessions and illegal logging were the primary cause for the demise ...

Kingdom's exports jump 44%

Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per ...

http://www.phnompenhpost.com/index.php/2011112552966/Business/kingdoms-exports-jump-44.html

No consultation as government develops new urban planning policy

The Ministry of Land Management and Urban Planning announced yesterday that it will soon complete a new draft sub-decree that aims to guide and regulate urban development in towns and cities. Land and human rights groups, however, criticized the ministry for failing to consult them on ...

Land evictions hurt women most, rights group report says

Amnesty International yesterday launched a report on land evictions in Cambodia that details the impact that government-bestowed economic land concessions have had on women, and sets out recommendations for the government in light of those findings. The new report, titled ‘Eviction and Resistance in Cambodia: Five ...

French financing: Cambodian MFI fetches $5m loan

Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, ...

http://www.phnompenhpost.com/index.php/2011112452944/Business/french-financing-cambodian-mfi-fetches-5m-loan.html

As rice harvest begins, grain's price soars

As the harvest of the wet season rice crop gets under way in many parts of the country, rice prices have started to increase, rice millers said yesterday. They said prices were now up about 15 percent compared to the same time last year, but ...

Hun Sen announces one-stop office for rice

Prime Minister Hun Sen Mnounced yesterday that the government would create a one-stop service office for rice millers and exporters in order to reduce red tape and help the country reach its lofty export target of a million tons of milled rice by 2015. “We cannot ...

Renewable energy to power Takeo milling plant

A Japan energy company yesterday said it planned to build a rice mill fuelled by rice husks in Cambodia’s Takeo province. New Energy and Industrial Technology Development Organization yesterday signed a memorandum of understanding with the Kingdom’s Ministry of Industry, Mines and Energy (MIME) confirming cooperation ...

http://www.phnompenhpost.com/index.php/2011112352913/Business/renewable-energy-to-power-takeo-milling-plant.html

Banks offer millions to millers

Two Cambodian banks have set aside US$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ...

http://www.phnompenhpost.com/index.php/2011112352914/Business/banks-offer-millions-to-millers.html

Courts systematically used to ‘threaten’ villagers, NGOs say

The government failed to evaluate social and environmental impacts before granting economic land concessions to private companies, while officials and company staff used the courts to intimidate residents during land disputes, representatives of NGOs said at a conference in the capital yesterday. “The courts are not ...

http://www.phnompenhpost.com/index.php/2011112352925/National-news/courts-systematically-used-to-threaten-villagers-ngos-say.html

Koh Kong families demand better eviction compensation

A group of about 30 families in Koh Kong province’s Botum Sakor district said yesterday that they would continue to resist attempts to evict them in order to make way for a Chinese mega-tourism project, unless authorities improve their compensation offer. Villager Prum Sann said the ...

World Bank cuts growth outlook to 6%

Devastating floods as well as the economic slowdown in Europe and the US have prompted the World Bank to lower its outlook for Cambodia’s economic growth this year to 6 percent, down from a previous projection of 6.8 percent. In its economic update for the region ...

Land dispute villagers seek foreign aid

A group of about 100 villagers who have been embroiled in a long-running land dispute in Kandal province’s Kandal Stung and Takhmau districts gathered in Phnom Penh yesterday to file a petition with foreign donors seeking help in resolving the dispute. The villagers – part of ...

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