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Cambodia's per capita GDP to reach 1,036 USD this year: PM

Cambodia’s per capita GDP was projected to hit 1,036 U.S. dollars in 2013, up from nearly 1,000 U.S. dollars in a year earlier, Prime Minister Hun Sen said Saturday. The premier said the country has enjoyed full peace and political stability in the last 15 ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/21/c_132737987.htm

Sam Rainsy Wants Ruling and Opposition Parties Declared Joint Winners

Cambodia’s opposition leader Sam Rainsy called Friday for election officials to declare his party and Prime Minister Hun Sen’s party joint victors in recent polls saying the move would be a first step toward resolving a deadlock over the disputed election. With the opposition Cambodia National ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cnrp-09202013174129.html

Illegal Construction Rampant in Angkor Heritage Site

In the months leading up to Cambodia’s national election on July 28, authorities in the Angkor Archaeological Park allowed dozens of land owners to build new houses and develop plots of land inside highly protected areas of the world heritage site. Villagers interviewed last week said ...

Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/news/illegal-construction-rampant-in-angkor-heritage-site-42860/

Cambodia sees 15 pct drop in new business registration in 8 months

Cambodian Ministry of Commerce said Friday that it had issued operating licenses to 1,952 new companies in the first eight months of the year, down 15 percent compared with the 2,300 firms over the same period last year. During the January-August period this year, the ministry ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736133.htm

Cambodia sees 21 pct rise in garment exports in first 8 months

Cambodia’s garment industry, the kingdom’s largest income maker, recorded 3.65 billion U.S. dollars in export value in the first eight months of the year, up 21 percent from 3.01 billion U.S. dollars over the same period last year, the Ministry of Commerce said Friday. Cambodian ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736137.htm

Cambodia’s King Under Pressure to Delay Convening Parliament

Cambodia’s King Norodom Sihamoni came under pressure Thursday from monks and civil society organizations to delay the opening session of the country’s parliament to give more time to the ruling and opposition parties for negotiations to end their election dispute. A group of around 20 ...

Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/boycott-09192013183259.html

Tax reform looms large for new government

Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...

Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government

Report Says Election Results Not Reflective of People’s Will

Transparency International Cambodia (TIC) on Thursday concluded in a report that official results of the July 28 national election released by the National Election Committee (NEC) do not reflect the will of the people due to widespread irregularities occurring both before and on election day. The ...

Lauren Crothers
http://www.cambodiadaily.com/elections/report-says-election-results-not-reflective-of-peoples-will-42808/

Gov’t warns citizens to respect King online

The government yesterday warned citizens to respect King Norodom Sihamoni in social media commentary. The warning then backpedals, acknowledging the government recognises the rights of expression and freedom of the press outlined in the constitution and the Universal Declaration of Human Rights. ...

Meas Sokchea and Amelia Woodside
http://www.phnompenhpost.com/national/gov%E2%80%99t-warns-citizens-respect-king-online

US Ambassador Says Corruption Scares Off American Firms

U.S. Ambassador William Todd on Thursday said that despite his efforts to promote Cambodia as an attractive destination for business, major American companies are reluctant to invest here as they still perceive the country as indelibly corrupt. “I believe now is the time for big U.S. ...

Ben Woods and Phorn Bopha
http://www.cambodiadaily.com/business/us-ambassador-says-corruption-scares-off-american-firms-42799/

Norwegian Energy Firm Eltek Demands Mfone Pay Up

Norwegian energy firm Eltek on Thursday demanded $5 million it is owed from bankrupt telecommunications company Mfone by the end of October and blamed the court and the government for stalling payment. During a meeting at Mfone’s headquarters in Phnom Penh’s Boeng Keng Kang III commune, ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/norwegian-energy%E2%80%88firm-eltek-demands-mfone-pay-up-42823/

Fertilizer Scam Referred to Anti-Corruption Unit

The case of a Battambang provincial government official ac­cused of embezzling some $200,000 in state funds has been referred to the Anti-Corruption Unit in Phnom Penh, provincial officials said Thursday. Battambang Provincial Court deputy prosecutor Long Hokmeng said a two-week investigation into the case brought against ...

Eang Mengleng and Matt Blomberg
http://www.cambodiadaily.com/news/fertilizer-scam-referred-to-anti-corruption-unit-42818/

Slums in capital decried

Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...

Sen David
http://www.phnompenhpost.com/national/slums-capital-decried

Strike at SL eats into profits

Because of ongoing strikes and an inability to fill orders, SL Garment Processing (Cambodia) says it is shedding cash flow as buyers shift away from one of Asia’s largest producers, factory management confirmed yesterday. International brands H&M and Gap reduced their orders, while Levi’s ceased buying ...

Daniel de Carteret
http://www.phnompenhpost.com/business/strike-sl-eats-profits

Philippine Airlines plans to add routes to Cambodia

Philippine Airlines plans to launch flights between the Philippines and Cambodia, according to an aviation official. The move would break the monopoly of domestic competitor Cebu Pacific Air, which started flying the route in April last year. Aviation authorities in the Philippines sent a letter to ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/philippine-airlines-plans-add-routes-cambodia

HIV battle still flares

Despite massive reductions in HIV infection rates over the past two decades, HIV-positive Cambodians continue to face a wide array of non-medical challenges, a report released yesterday says. Written by NGOs, aid agencies and the government, the report says that vulnerable groups, including those who are ...

Amelia Woodside
http://www.phnompenhpost.com/national/hiv-battle-still-flares

A Year On, Cambodia’s Role as Asean Chairman a Bitter Memory

Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...

Hul Reaksmey and Dene-Hern Chen
http://www.cambodiadaily.com/news/a-year-on-cambodias-role-as-asean-chairman-a-bitter-memory-42812/

Cambodia records 25,050 malaria cases in 8 months, killing 6 people

Cambodia reported 25,050 malaria cases in the first eight months of this year, down 49 percent from the 48,810 cases over the same period last year, figures from the National Center for Malaria showed Thursday. During the January-August period this year, the disease has killed six ...

Xinhuanet News Staff
http://search.news.cn/language/search.jspa?id=en&t=1&t1=0&ss=&ct=&n1=Cambodia&x=-494&y=-54

Questions over strike violence

A Kampong Speu judge released the vice-president and a member of the Free Trade Union on bail yesterday after the court questioned the two about their alleged roles in a violent demonstration at Sabrina Garment factory. ...

Mom Kunthear
http://www.phnompenhpost.com/national/questions-over-strike-violence

Two more H5N1 cases confirmed

A 5-year-old girl from Takeo province and a 2-year-old girl from Kampot province – who has already died – mark the 19th and 20th confirmed cases of avian influenza this year, a hospital spokesman said. The Ministry of Health is expected to issue a statement ...

Amelia Woodside
http://www.phnompenhpost.com/national/two-more-h5n1-cases-confirmed

Three Charged for Logging Rosewood in Angkor

The Siem Reap Provincial Court charged three men Wednesday with illegally logging luxury rosewood inside the Angkor Archaeological Park, a Unesco world heritage site, officials said. Provincial prosecutor Heng Pheng said the suspects had been identified as Sun Phearak, 20, Phay Sophea, 18, and Phin Ron, ...

Aun Pheap
http://www.cambodiadaily.com/news/three-charged-for-logging-rosewood-in%E2%80%88angkor-42695/

R’kiri floods trap thousands

The number of Ratanakkiri residents trapped in their homes by floodwater that continues to rise amid relentless rain is now estimated by provincial authorities to be at least 4,000. Heavy rain has put five Lumphat district communes – Lbaing I, Chey Uddom, Batang, Seda and Kaleng ...

Sen David
http://www.phnompenhpost.com/national/r%E2%80%99kiri-floods-trap-thousands

First hedging deal transacted

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted

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