News

BIDV to open in Phnom Penh

A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday. The new branch is also expected to meet local demand and boost the development of trade and investment ties between ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTY2YzNlODE3YTk

French give $26 million for irrigation

The French Agency for Development will provide $26 million in loans to the Cambodian government to rehabilitate irrigation systems across three provinces in the northwest. Speaking at the signing ceremony for the deal yesterday, Aun Pornmoniroth, the Minister of Economy and Finance, said the new systems ...

Chan Muy Hong
http://www.phnompenhpost.com/business/french-give-26-million-irrigation

Sam Rainsy Visits Svay Rieng’s Protesting SEZ Workers

Opposition leader Sam Rainsy on Monday visited thousands of workers from two special economic zones (SEZs) in Svay Rieng province who have been on strike over wages and working conditions since December 16. More than 25,000 workers from 36 factories in the Manhattan and Tai Seng ...

Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/sam-rainsy-visits-svay-riengs-protesting-sez-workers-49605/

Low awareness of AEC pact

The Asean Economic Community (AEC) will cut red tape and allow freer trade between the bloc’s 10 member states. But many companies in the region aren’t even aware of the AEC blueprint, a sobering report from the Asia Development Bank has found. The bank also ...

Eddie Morton
http://www.phnompenhpost.com/business/low-awareness-aec-pact

Illegal logs submerged in canal

A crackdown on illegal logging in Mondulkiri has yielded more than 50 cubic metres of luxury wood found submerged in a canal and stashed throughout the forest. ...

Phak Seangly
http://www.phnompenhpost.com/national/illegal-logs-submerged-canal

Two French Nationals Robbed, One Hospitalized

Two French nationals were attacked and robbed over the weekend in separate incidents near the National Museum at the corner of streets 13 and 178 in Phnom Penh’s Daun Penh district, police and friends of the victims said Monday. Following the two robberies, a tourism ...

Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/news/two-french-nationals-robbed-one-hospitalized-49627/

Turkey, Czech open embassies in Cambodia

The countries of Turkey and the Czech Republic have opened permanent embassies in Phnom Penh, Cambodia, according to Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation on Wednesday. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MTNjNDhiOWY2MzY

Property Prices on the Rise in Phnom Penh

Preliminary results of a new survey show a steady rise in the price of land in Phnom Penh since the country’s property boom in 2008 and spectacular bust in 2009. The initial findings of the survey by VTRUST Property Co. Ltd. examine land prices during the ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/property-prices-on-the-rise-in-phnom-penh-49622/

Anti-Eviction Protesters Burn Tires, Block City Hall

About 30 anti-eviction protesters from the Boeng Kak lake community, along with 20 Buddhist monks, blocked the gates of Phnom Penh municipal hall and burned tires Monday demanding more compensation for evicted families, and calling for the removal of governor Pa Socheatvong. During the daylong demonstration, ...

Khuon Narim
http://www.cambodiadaily.com/news/boeng-kak-anti-eviction-protesters-burn-tires-block-city-hall-49608/

Keep striking for $160, Rainsy urges

Ahead of today’s Ministry of Labour announcement of a minimum wage increase for Cambodia’s apparel sector, opposition leader Sam Rainsy yesterday urged striking workers in Svay Rieng province to hold out until their monthly salary is raised to $160. “[Garment] workers should not return to work ...

Mom Kunthear, Sean Teehan and James Hall
http://www.phnompenhpost.com/national/keep-striking-160-rainsy-urges

Hun Sen’s Son Says CNRP Is Paying Protesters

Hun Manith, the second son of Prime Minister Hun Sen, has suggested that the large turnout at the CNRP’s eighth consecutive day of marches through Phnom Penh on Sunday was the result of paying protesters to show up. An estimated 30,000 people gathered at Freedom Park ...

Alex Willemyns
http://www.cambodiadaily.com/news/hun-sens-son-says-cnrp-is-paying-protesters-49624/

Protesting monks leave City Hall after violence re-erupts: report

Hundreds of protesting monks, who participated with Boeng Kak residents in a rally held in front of Phnom Penh City Hall, left after violence re-erupts. They are demanding Phnom Penh governor Pa Socheat Vong provide more compensation to the evicted families in Boeng Kak. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YWVkZWNmOGEwZTU

Cambodia Rejects Rice Contamination Claims by EU

The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...

Oryza News Staff
http://oryza.com/news/cambodia-rejects-rice-contamination-claims-eu

Cambodia's ruling party lawmakers say opposition staging coup against Hun Sen gov't

Cambodia’s ruling party lawmakers said the opposition’s calls for Prime Minister Hun Sen’s resignation and a re-vote are a “clear and undeniable act of coup” against the current legitimate government, according to a statement released to the media on Monday. The opposition Cambodia National Rescue Party ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/23/c_132989140.htm

Cambodian PM to visit Vietnam to boost bilateral ties

Cambodian Prime Minister Hun Sen will pay a three-day official visit to Vietnam from Dec. 26 in order to further enhance ties and cooperation between the two neighbors, according to a news statement from the Ministry of Foreign Affairs on Monday. The visit plan came at ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/23/c_132989051.htm

Unionist firings inspire walkout

About 1,000 workers at a Kandal province garment factory walked off the job on Saturday after management there fired eight employees who attempted to start a new union. ...

Mom Kunthear
http://www.phnompenhpost.com/national/unionist-firings-inspire-walkout

Journos claim officials are involved in logging

A group of local journalists in Preah Vihear province allege, in a complaint filed with a rights group, that authorities are involved in the sale of illegally logged timber. Seven journalists, who asked that their names and respective outlets not be identified for fear of retribution ...

Phak Seangly
http://www.phnompenhpost.com/national/journos-claim-officials-are-involved-logging

ACU asks Global Fund for evidence in probe

Cambodia’s Anti-corruption Unit has criticised the Global Fund to Fight AIDS, Tuberculosis and Malaria for not sending them the findings of its investigation into widespread corruption in health grants. Chhay Savuth, vice-president of the Anti-Corruption Unit, said he had contacted the Global Fund to request evidence ...

Mom Kunthear and Daniel Pye
http://www.phnompenhpost.com/national/acu-asks-global-fund-evidence-probe

Profits peeled at new centre

A pilot cashew-peeling factory in Kampong Thom province aims to make business easier for farmers who have traditionally relied upon sending their raw harvest elsewhere for processing. With $130,000 from the Asia Development Bank, the building went up in May on 3,600 square metres in Kampong ...

Hor Kimsay
http://www.phnompenhpost.com/business/profits-peeled-new-centre

Council of Ministers Nullifies Telecom Law

The Council of Ministers has nullified a 2009 law that set minimum prices on telephone calls, paving the way for regulators to reset the country’s telecommunications prices, which industry executives say are too high. The law, Prakas 232, which has been widely flouted, set a minimum ...

Hul Reaksmey and Joshua Wilwohl -
http://www.cambodiadaily.com/business/council-of-ministers-nullifies-telecom-law-49573/

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