News

Cambodia exports 233,859 tons of rice in january-august 2014; down about 1% from last year

Cambodia exported about 233,859 tons of rice in January-August 2014, down about 1.2% from about 236,728 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service for Rice Export Formality (SOWS-REF). Cambodia exported about 379,856 tons rice in all ...

Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-exports-233859-tons-rice-january-august-2014-down-about-1-last-year

Malaysia's Wah Seong in 10-year power deal with Cambodia

Wah Seong Corporation Bhd’s subsidiary will be selling 48,000 MW of power per annum over 10 years to Cambodia’s power company. Wah Seong said on Friday its subsidiary PMTI Energy (Cambodia) Co Ltd had signed a power purchase deal with the Electricité Du Cambodge to sell ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTNmM2VkMTNmMDI

As two prisons are built, use of funds is questioned

Samraong City, Oddar Meanchey province – In December, Kuy Bunsorn, director-general of the General Department of Prisons (GDP), announced that ground would be broken on two new prisons in Pailin and Oddar Meanchey provinces to alleviate chronic overcrowding. Mr. Bunsorn said that the Ministry of Finance ...

Lauren Crothers and Ouch Sony
http://www.cambodiadaily.com/news/as-two-prisons-are-built-use-of-funds-is-questioned-67582/

National Audit Authority moves after land swap

The National Audit Authority (NAA), located on prime real estate on Phnom Penh’s Street 240, is in the midst of moving to a new location in Sen Sok district after   a property swap with a company owned by a military general, according to officials at ...

Aun Pheap
http://www.cambodiadaily.com/news/national-audit-authority-moves-after-land-swap-67586/

Villagers pushed to accept land deal from KDC

Kompong Chhnang provincial authorities on Thursday urged villagers locked in a land dispute with KDC International to accept compensation from the development firm, promising to request that a social land concession be granted to them. ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-pushed-to-accept-land-deal-from-kdc-67590/

Labour’s 10 per cent rule

The Ministry of Labour has issued a prakas urging employers to follow existing regulations in the Labour Law that limit foreign workers to 10 per cent of the total workforce at any one company. It has warned that failure to stay within this limit – or ...

Sen David and Kevin Ponniah
http://phnompenhpost.com/national/labour%E2%80%99s-10-cent-rule

Competitiveness ranking slips

A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ...

Hor Kimsay
http://phnompenhpost.com/business/competitiveness-ranking-slips

Gov’t urges sauce makers to increase iron content

Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...

Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/

Cash-strapped S’ville casino looks to expand

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/

Draft law to address underage drinking

A draft law regulating the purchase and consumption of alcohol in Cambodia will, if passed, set the country’s legal drinking age at 21 years old, according to officials involved with the legislation, which many see as a tool to fight excessive youth drinking and drunken ...

Joe Freeman
http://phnompenhpost.com/national/draft-law-address-underage-drinking

Cambodia set to take second go at rice bid

Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...

Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid

World Bank wants ‘task force’ to fix Cambodia logistics

Weak logistics have stood in the way of Cambodia’s trade progress for years with its export costs at least 30 percent higher than those of Southeast Asian neighbours Thailand and Vietnam. Getting the goods from farmers to markets remains difficult, and exporters struggle to supply overseas ...

Greg Knowler
http://www.joc.com/international-logistics/world-bank-wants-%E2%80%98task-force%E2%80%99-fix-cambodia-logistics_20140904.html

Reports: Nojay sought for questioning in Cambodia

Assemblyman Bill Nojay, R-Pittsford, is wanted for questioning in southern Asia as part of an investigation into a $1 million fraud complaint, theCambodian press reported this week. In a July 7 letter, a local Cambodian prosecutor summoned Nojay and three others to appear for questioning in ...

Jon Campbell
http://www.democratandchronicle.com/story/news/local/2014/09/04/bill-nojay-cambodia-fraud-investigation/15079479/

U.S. business executives eye investment potential in Cambodia

More than a dozen of American company representatives are visiting Cambodia to look into investment opportunities, a Cambodian spokesman said Thursday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/04/c_133621460.htm

Plan for airport faces resistance

Talks between officials in Preah Vihear province and local villagers whose land is in the way of a proposed domestic airport hit some turbulence on Tuesday, as homeowners bristled over the various forms of compensation being offered. ...

Sen David
http://phnompenhpost.com/national/plan-airport-faces-resistance

Don’t judge census: Sar Kheng

A day after the first results of the countrywide census of foreigners were revealed, Interior Minister Sar Kheng yesterday called on politicians to reserve judgement. ...

Phak Seangly
http://phnompenhpost.com/national/don%E2%80%99t-judge-census-sar-kheng

Hun Sen says business breeds bribes

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

Chan Muyhong
http://phnompenhpost.com/business/hun-sen-says-business-breeds-bribes

ADB gives update on aid for railway families

The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...

Zsombor Peter
http://www.cambodiadaily.com/news/adb-gives-update-on-aid-for-railway-families-67520/

Thailand arrests 33 Cambodians for illegal logging

Thirty-three Cambodian nationals were arrested for illegally logging rare rosewood trees in Thailand, where they are currently awaiting trial, officials said Wednesday. The arrests marked a long-called-for shift in tactics by Thai authorities: In the past, Thai soldiers and border police have often dealt with illegal ...

Saing Soenthrith and Van Roeun
http://www.cambodiadaily.com/news/thailand-arrests-33-cambodians-for-illegal-logging-67514/

Tenants of white building in dark on demolition

A sense of panic is growing inside Phnom Penh’s iconic White Building, with residents unsure of their fate after Phnom Penh Governor Pa Socheatvong said on Tuesday that the iconic apartment block was condemned and would be torn down. Most residents spoken to Wednesday say they ...

Hul Reaksmey and Chan Cheuk Yin
http://www.cambodiadaily.com/news/tenants-of-white-building-in-dark-on-demolition-67516/

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