News

Taiwan-Cambodia flight delay affects hundreds

Cambodia’s Tonlesap Airlines said Saturday that one of its scheduled flights from Taiwan to the Cambodian city of Siem Reap that day would be further delayed due to an engine failure, further enraging 167 already angry passengers who had been waiting for hours for their ...

http://www.chinapost.com.tw/taiwan/national/national-news/2013/02/17/370444/Taiwan-Cambodia-flight.htm

2012 Sees Jump in Land Disputes and Grants

Economic land concessions remain a major concern, with more than 230 people arrested in 2012, an increase of more than 150 percent from the year before, according to an annual report by the rights group Adhoc. That means land conflicts have increased, Thun Saray, president ...

http://www.voacambodia.com/content/two-thousand-two-land-dispute-jump/1604014.html

Toll Royal Railways Yet to Spend Pledged Funds

Toll Royal Railways, the company holding the 30-year concession to operate Cambodia’s rail network, has so far only spent a tiny fraction of the millions of dollars of investment it promised upon winning the deal, documents of the firm’s expenditure show. The operation of the railways ...

http://www.cambodiadaily.com

Few S'pore-owned businesses in Cambodia: business owners

PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...

http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html

Multiple Skills Needed To Compete in a Future Asean, Economist Says

Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...

http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html

Malay Hong Leong Bank plans Cambodian branch

Malaysia-based Hong Leong Bank, a subsidiary of Hong Leong Financial Group Berhad, is planning to open a branch in Cambodia sometime this year, which would make it the fourth Malaysian bank and the 33rd commercial bank in Cambodia’s crowded banking industry. Ngoun Sokha, director general of the ...

http://www.phnompenhpost.com/2013021561389/Business/malay-hong-leong-bank-plans-cambodian-branch.html

Land Is Life, and It’s Slipping Away

Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...

http://www.ipsnews.net/2013/02/land-is-life-and-its-slipping-away/?utm_source=dlvr.it&utm_medium=twitter

Prey Lang activists halted on road

More than 300 activists from Kampong Thom province’s Prey Lang Community Network were stopped by district police yesterday as they were marching from the Vietnamese-owned CRCK Company to deliver a lawsuit in Sandan district calling for the postponement of alleged forest clearing and the “invasion” ...

http://www.phnompenhpost.com/2013021461350/National/prey-lang-activists-halted-on-road.html

Major Cineplex comes to Cambodia

Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in ...

http://www.phnompenhpost.com/2013021461365/Business/major-cineplex-comes-to-cambodia.html

Year of the Snake lures 85,000 visitors to Kampot

Almost 85,000 visitors traveled to Kampot over the first three days of the Lunar New Year. The 84,917 visitors included 1,252 foreigners with the Bokor Mountain resort alone attracting 67,548 visitors including 1,004 foreigners, [a tourism official] said. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTkxNjBjZmNjN2M

Angkor Wat sees tourism spike over Lunar New Year

The number of domestic and foreign tourists visiting Siem Reap’s ancient Angkor Wat temple and the Kingdom’s coastal areas increased sharply during this year’s three-day Lunar New Year. Data from the Siem Reap provincial tourism department show that 52,909 tourists visited Siem Reap during Lunar ...

http://www.phnompenhpost.com/2013021461364/Business/angkor-wat-sees-tourism-spike-over-lunar-new-year.html

$2m missing: telecom staff

More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...

http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html

Land prices along major roads increase sharply

The price of land along four major boulevards in Phnom Penh climbed by 16 per cent in early 2013, according to real estate experts, compared to the same period in 2012. VMC Real Estate chairman Dith Channa said land prices increase because the quality of ...

Seun Son
http://www.phnompenhpost.com/real-estate/land-prices-along-major-roads-increase-sharply

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