News

UN ready to help end Cambodia’s political deadlock

UN envoy on Thursday said that the political compromise is the only way to end the political deadlock in Cambodia, asking political parties to return to negotiation table to normalize the situation. Speaking at a news conference, Surya Subedi, UN Special Rapporteur on situation of Human ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDdhMjMyZTJiYjJ

Slow year for Japanese investment

The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...

Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/slow-year-japanese-investment

Land dispute results in shooting

A Japanese national is being accused by a Preah Sihanouk farmer of shooting him over a logging dispute in Kampong Seila district, the alleged victim and a rights monitor said yesterday. Kanha Phan, 32, is alleging that Peter Ly, 39, shot him in the waist after ...

Phak Seangly
http://www.phnompenhpost.com/national/land-dispute-results-shooting

SBC to Rebrand Following Taiwan Acquisition

Locally owned Singapore Banking Corp. (SBC) will rebrand itself Thursday as Cathay United Bank (Cambodia) Corp. Ltd., or CUBC, as part of a deal that finalizes the acquisition of SBC by Taiwanese financial corporation Cathay United Bank, according to a copy of a speech that ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/sbc-to-rebrand-following-taiwan-acquisition-50684/

Cambodia, ILO jointly launch job services, labor market information project with Chinese aid

Cambodia and the International Labor Organization (ILO) on Thursday launched a new project to expand job services and improve labor market information with funding from China, according to an ILO media statement. The ILO/China South-South Cooperation Project to Expand Employment Services and Enhance Labor Market Information ...

Global Times News Staff
http://www.globaltimes.cn/content/837853.shtml#.UtiSiRCSxqU

Housing loans up in 2013, growth expected to continue in ’14

Last year across Cambodia’s cities, more and more people decided to take the plunge and invest in housing. This should be obvious to anyone who lived in Cambodia last year. The sounds of construction or renovation were more noticeable than before in cities across the Kingdom. Data ...

Sum Manet
http://www.phnompenhpost.com/real-estate/housing-loans-2013-growth-expected-continue-%E2%80%9914

Sonando Fans to Stage Protest for TV License

Mam Sonando, owner of the popular Beehive Radio station, and his supporters will defy a government ban on public gatherings and start daily protests against the Ministry of Information’s rejection of Mr. Sonando’s request for a relay station and a TV station, Mr. Sonando’s assistant ...

Kuch Naren and Denise Hruby
http://www.cambodiadaily.com/news/sonando-fans-to-stage-protest-for-tv-license-50686/

Cambodia, Belarus set to boost bilateral ties

Cambodia and Belarus set to promote bilateral relations in politics, diplomacy, economics, trade, and tourism for mutual benefits of the two countries and peoples, a Cambodian spokesman said Thursday. Cambodia and Belarus established diplomatic relations in 1995, he said, adding that economic and trade relations ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/16/c_133049868.htm

Despite illness, no bail for labour activist

Labour activist Vorn Pov, who is facing serious health issues while being held in pre-trial detention in Kampong Cham’s Correctional Centre 3 prison, has been denied bail by the Phnom Penh Municipal Court. His NGO-provided lawyer, San Sokunthear, immediately filed an appeal against the bail denial ...

May Titthara
http://www.phnompenhpost.com/national/despite-illness-no-bail-labour-activist

Villagers seek $275k payout

Villagers living in Mondulkiri’s Sen Monorom district are demanding hundreds of thousands of dollars in compensation for the loss of thousands of protected resin trees, alleging that a land concessionaire company has been illegally razing community forest since 2012.​ ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-seek-275k-payout

The Sihanoukville option

As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...

Chris Horton
http://www.phnompenhpost.com/real-estate/sihanoukville-option

Activists to be questioned in meddling suit

Ten land activists are set to be questioned today by Preah Vihear provincial court over their involvement in halting the drilling of a well in a community forest in November last year, rights monitors said yesterday. Lor Chhan, provincial coordinator for rights group Adhoc, told the Post the ...

Phak Seangly
http://www.phnompenhpost.com/national/activists-be-questioned-meddling-suit

Hun Sen: Minimum wage of workers cannot be increased to USD160

Prime Minister Hun Sen on Tuesday said it would be impossible to double the garment workers from USD 80 to USD 160 even though he wish to see them to have better life. “Which leaders and Prime Ministers don’t want to see their peoples have good ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2EzNmZiZGVkNjA#sthash.0G8ytVha.dpuf

SMBC To Reinforce Biz Cooperation In Cambodia, S.Africa

Megabank Sumitomo Mitsui Banking Corp. said Tuesday that it will boost business collaboration with Acleda Bank, Cambodia’s leading commercial bank, and Absa Bank in South Africa, Japan’s Jiji Press reported. The Sumitomo Mitsui Financial Group Inc. unit said it has dispatched a staff member to a ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1007470

Cambodia has no ambition to develop nuclear power plant: PM

Cambodian Prime Minister Hun Sen said Tuesday that the Southeast Asian nation has no ambition to develop a nuclear power plant, but wants to use nuclear technologies in agriculture, health, and animal breeds. The prime minister made the remarks during a meeting with Yukiya Amano, director ...

Global Times News Staff
http://www.globaltimes.cn/content/837562.shtml#.UtYhn9IW2ls

Government Denies Beehive Radio Bid for Expansion

The Ministry of Information has rejected an application by independently run Beehive Radio to expand its operations nationwide. Beehive, which carries Voice of America and other international programming, currently serves Phnom Penh through an FM frequency. It had applied to expand radio relay stations throughout the ...

Sok Khemara
http://www.voacambodia.com/content/government-denies-beehive-radio-bid-for-expansion/1829952.html

Road Safety Hit by Suspension of Law Enforcement

The continuing suspension of traffic-law enforcement by traffic police since the run-up to July’s national election has had a detrimental effect on road safety practices, a senior Ministry of Interior official admitted Tuesday. Road safety groups have already expressed concern that the decision to halt enforcement ...

Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/road-safety-hit-by-suspension-of-law-enforcement-50592/

Official busted for alleged graft

An official at the Takeo provincial department of labour was arrested on Friday and charged for allegedly embezzling more than $310,000 from vocational teachers, the ACU and a prosecutor said yesterday. ...

Chhay Channyda
http://www.phnompenhpost.com/national/official-busted-alleged-graft

Economic freedom low: report

Economic freedom in Cambodia worsened over the past year, according to the latest report from the Heritage Foundation, a conservative think tank based in the US. Cambodia is ranked 108 out of 178 countries surveyed, with an overall score of 57.4, a 1.1-point dip from ...

Daniel de Carteret
http://www.phnompenhpost.com/business/economic-freedom-low-report

Villagers allege illicit mining by Chinese, Vietnamese firms

More than 600 families of ethnic Tumpuon villagers from Taveng district on Monday filed complaints with Ratanakkiri authorities and rights group Adhoc seeking a halt to illegal mining of gold by two companies. ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-allege-illicit-mining-chinese-vietnamese-firms

No union for workers in food biz

After the Ministry of Labour denied a food service union official registration, a union official is crying foul, asserting that authorities are discriminating against her group – a charge the government denies. The Cambodian Food and Service Worker Federation (CFSWF), a 4,000-member union representing workers in ...

Sen David
http://www.phnompenhpost.com/national/no-union-workers-food-biz

Lon Nol-era explosives found

An unscheduled bathroom break led to the discovery of 27 pieces of unexploded ordnance in Kampong Speu’s Samrong Tong district on Monday, military police said yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/lon-nol-era-explosives-found

Vinamilk deal to go ahead

Vietnam Dairy Product Joint-Stock Co, better-known to milk lovers as Vinamilk, was granted a licence on Monday to open a $23 million processing facility in Phnom Penh’s Special Economic Zone. A statement to the Ho Chi Minh Stock Exchange released by the dairy giant on Monday ...

Eddie Morton
http://www.phnompenhpost.com/business/vinamilk-deal-go-ahead

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