Economy and commerce

Economic benefits of birth control reported

Additional investments in family planning yields economic benefits and would save developing countries more than US$11 billion annually, according to a UN report. Better access to family planning in developing countries would reduce costs for maternal and newborn health care by $11.3 billion per year, according ...

http://www.phnompenhpost.com/index.php/2012111959804/Business/economic-benefits-of-birth-control-reported.html

Goods smuggled en masse from Cambodia to HCMC

Various smuggled goods, mainly cigarettes, brandy and sugar, are being brought from Cambodia to Vietnam’s Long An and Tay Ninh Provinces before being transported to HCMC for sale, a Tuoi Tre investigation has found. On November 9, Tuoi Tre reporters pretending to be traders went to ...

http://www.tuoitrenews.vn/cmlink/tuoitrenews/society/goods-smuggled-en-masse-from-cambodia-to-hcmc-1.92338

AEC pushed back 12 months

Asean leaders have decided to delay the launch of the Asean Economic Community (AEC) for 12 months from Jan 1 to Dec 31, 2015 to prepare the necessary regulations. Lao deputy Prime Minister and Minister for Foreign Affairs Thongloun Sisoulith told the Bangkok Post that Asean ...

http://www.bangkokpost.com/news/local/321914/aec-pushed-back-12-months

CIMB Bank Opens 4 new Branches in Cambodia

In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...

http://www.cambodiadaily.com/

Prey Trolach families win key battle

After an eight-year struggle, about 825 families fighting to save their natural surroundings were granted a Community Forestry Agreement over the Prey Trolach forest yesterday, though they fear the battle may not be over. ...

David Boyle
http://www.phnompenhpost.com/index.php/2012111659765/National-news/prey-trolach-families-win-key-battle.html

Cops crack down on faux shampoo

Seven sellers of fake shampoo have been detained for questioning at the Kampong Speu provincial police station after being arrested this week while plying their sub-par wares at the Chbar Mon town market. Seoung Savuth, deputy police chief of anti-economic crime in the province, said police ...

http://www.phnompenhpost.com/index.php/2012111659764/National-news/cops-crack-down-on-faux-shampoo.html

ILO slams kingdom on union record

Adding to a growing list of foreign groups to censure the Cambodian government in the lead-up to the ASEAN Summit, the International Labour Organization yesterday ranked Cambodia among the biggest violators of the right to freedom of association. The Cambodia section of the report, which collated ...

http://www.phnompenhpost.com/index.php/2012111659777/National-news/ilo-slams-kingdom-on-union-record.html

Aviation Chief Urges Compensation for Victims of PMT Crash

Fielding questions from opposition lawmakers in the National Assembly yesterday, the chief of the State Secretary of Civil Aviation (SSCA) addressed a host of issues that have drawn recent criticism of the government body. SSCA Secretary of State Mao Havanall began by saying that the secretariat ...

http://www.cambodiadaily.com

Faintings continue apace

More than 50 workers from four garment factories in the capital’s Vattanac Industrial Park 2 had fainted yesterday, police said, but a union representative put the figure at more than 200 – which is the number who collapsed at the same site just a day ...

http://www.phnompenhpost.com/index.php/2012111659771/National-news/faintings-continue-apace.html

Sofa Man a big hit with local lounge lizards

Many expats living in Siem Reap have found themselves on the eternal quest for a comfortable sofa. A big, squishy sofa like the one at home, that allows a body to really stretch out on. A Khmer settee – wooden, bench-like and unforgiving – just ...

http://www.phnompenhpost.com/index.php/2012111659759/Siem-Reap-Insider/sofa-man-a-big-hit-with-local-lounge-lizards.html

EU warns 8 nations to improve their fight against illegal fishing

he European Union is warning eight nations from around the world to improve their fight against illegal fishing or risk sanctions. EU Fisheries Commissioner Maria Damanaki said Thursday that naming Belize, Cambodia, Fiji, Guinea, Panama, Sri Lanka, Togo and Vanuatu did not mean they were put ...

http://www.edmontonjournal.com/business/warns+nations+improve+their+fight+against+illegal+fishing/7552277/story.html

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

New 10-storey office building on Norodom Boulevard

The owner of the under-construction 10-storey building located on the corner of Street 178 and Norodom Boulevard, who asked not to be identified, said the building will be used as office space and apartments. The three floors on the top of the building will be apartments ...

http://www.phnompenhpost.com/index.php/Real-Estate/new-10-storey-office-building-on-norodom-boulevard.html

Senator's 2nd Sugar Refinery to Start Up Monday

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...

http://www.cambodiadaily.com

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