News

Trade deficit prompts call to diversify exports

Cambodia’s trade deficit expanded to almost half a billion dollars during the first three months of the year, according to the latest figures from the Ministry of Commerce. Between January and March, Cambodia’s exports reached $1.99 billion, up 19 per cent compared to the same period ...

May Kunmakara
http://www.phnompenhpost.com/business/trade-deficit-prompts-call-diversify-exports

Union leaders in court over ‘detainment’ of factory boss

Two union leaders were summonsed and questioned by a municipal court prosecutor yesterday over allegations they illegally detained the boss of a packaging factory in Por Sen Chey district’s Choam Chao commune during a strike. According to Phnom Penh Municipal Court deputy prosecutor Ek Chheng Huoth, ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/union-leaders-court-over-%E2%80%98detainment%E2%80%99-factory-boss

Local and foreign business interests form luxury property joint venture

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/local-and-foreign-business-interests-form-luxury-property-joint-venture

Lightning strike kills two people

Lightning killed two people sheltering from rain on Wednesday in Preah Sihanouk’s Stung Hav district. Ros Ky, the district police chief, said Khem Nget, a 40-year-old motodop from Kampot, and a second victim identified only as Vanny, 50, were taking shelter near Vanny’s home in Tomnup ...

Khoun Leakhana
http://www.phnompenhpost.com/national/lightning-strike-kills-two-people

Evictions at airport planned

Dozens of houses have been marked for demolition near Phnom Penh International Airport as authorities say the families must be moved to bring the site in line with international standards. Civil aviation officials visited Chrey Chisark village in Por Sen Chey district’s Choam Choa commune with ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/evictions-airport-planned

Economist Says Asean Likely To Miss Key Deadlines for Integration

Southeast Asian countries are likely to miss a deadline for the economic integration of Asean in 2015, a leading economist says. Jayat Menon, an economist for the Asian Development Bank, told reporters in Phnom Penh Wednesday that Asean countries are behind on key targets for integration ...

Suy Heimkhemra
http://www.voacambodia.com/content/economist-says-asean-likely-to-miss-key-deadlines-for-integration-/1899474.html

Foreign tourists to Cambodia's Angkor heritage site up 12 pct in Q1

Cambodia’s Angkor Wat temple, a world heritage site, had attracted 778,740 foreign visitors in the first quarter of 2014, up 12 percent compared to the same period last year, official data showed Wednesday. The top five countries visiting the site are South Korea, China, Vietnam, Japan ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/24/c_133286754.htm

Villagers in land fight use flames

Members of a Lao ethnic community in Ratanakkiri province allegedly burned down three makeshift houses belonging to a rubber plantation on Monday. The 250 villagers in Veun Sai district’s Hatpak village accuse Indian-owned SK Company of encroaching on the forest and ignoring markers demarcating village farmland, ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-land-fight-use-flames

CNRP request rejected, again

Phnom Penh City Hall once again rejected the opposition Cambodia National Rescue Party’s bid to hold campaigns for the coming council elections in Freedom Park yesterday but said the final decision is beyond its reach. After its first request was rejected on Tuesday for going against ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-request-rejected-again

Protest over Khmer Rouge land dispute

About 80 villagers calling for the release of two former Khmer Rouge soldiers allegedly arrested for illegally occupying land in Malai district rallied outside Banteay Meanchey Provincial Hall, locals and rights group Adhoc said yesterday. Community representatives Ly Khley and Hoeun Vy were detained on Tuesday ...

Chhay Channyda
http://www.phnompenhpost.com/national/protest-over-khmer-rouge-land-dispute

Embracing a place called home

Before this past September, Nov Borom, a 52-year-old mother of five, lived with both a tenuous housing situation and HIV. But through a collaboration of several NGOs who sought to provide Cambodia’s most vulnerable people with housing able to withstand the region’s rainy season and floods, ...

Sean Teehan and Phak Seangly
http://www.phnompenhpost.com/national/embracing-place-called-home

De Castle Royal launches leaseback program

In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ...

Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program

Battambang Rice Investment gets international certification

Battambang Rice Investment Co Ltd says it has been certified as the first rice mill in Cambodia with Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP). In a statement, the company said it received confirmation of GMP and HACCP certification in a ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjA4ZDZhYTFmOTJ

US broker partners with Korea's Tongyang Securities in Cambodia

US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjM5ZDFmOTBkOTM

Fishermen allege lot sold to businessman

One hundred fishermen in Banteay Meanchey province’s Sisophon town filed a complaint with local authorities yesterday, accusing a provincial fisheries administration official in Phniet commune of selling their subsistence fishing lot to a businessman. ...

Sen David
http://www.phnompenhpost.com/national/fishermen-allege-lot-sold-businessman

CNRP tries to balance foreign powers

A heightened global profile for the opposition CNRP since last year’s disputed election has brought with it a new challenge: balancing multiple foreign relations. The party’s campaign to delegitimize the CPP government has taken on multiple faces over the past nine months as opposition leader Sam ...

Alex Willemyns
http://www.cambodiadaily.com/news/cnrp-tries-to-balance-foreign-powers-57074/

Trucks hauling luxury wood busted

Police in Kompong Speu province on Monday night stopped three container trucks on National Road 4 bound for Sihanoukville Autonomous Port, seizing more than 100 logs of illegal luxury wood, officials said. Provincial economic police chief Nhem Sao said that his officers and police from Chbar ...

Saing Soenthrith
http://www.cambodiadaily.com/news/trucks-hauling-luxury-wood-busted-57090/

Secretariat of Civil Aviation to ‘swap’ headquarters

The State Secretariat of Civil Aviation (SSCA) has swapped its headquarters on Norodom Boulevard and will move to a location adjacent to Phnom Penh International Airport by next year, civil aviation officials confirmed Tuesday. Sinn Chanserey Vutha, deputy director-general of the SSCA, said construction on the ...

Khy Sovuthy and Joshua Wilwohl
http://www.cambodiadaily.com/news/secretariat-of-civil-aviation-to-swap-headquarters-57076/

Two flee summons in long-running dispute

Two villagers in Kampong Chhnang province’s Kampong Trolach district have fled their homes for safety reasons after getting an alarming summons from police in response to their refusal to accept relocation money from KDC International Company, which has been feuding with locals over land for ...

May Titthara
http://www.phnompenhpost.com/national/two-flee-summons-long-running-dispute

BK evictees lose battle on plot size

Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/bk-evictees-lose-battle-plot-size

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