News

Tycoon Takes to Hospital as Wife Returns to Prison

Lying in a hospital bed at Phnom Penh’s Naga Clinic yesterday well-known tycoon Khaou Chuly said that he may appeal to the prime minister to intervene in an attempted murder conviction against his wife that was upheld by the Supreme Court on Friday. Mr. Chuly, 83, ...

Inflation low in 2012: IMF

The International Monetary Fund (IMF) projected that Cambodia will have a very low inflationary rate to 3.5 per cent this year, which is 0.1 per cent below the goverment’s new revision but 0.5 per cent higher than the Asian Development Bank (ADB). Cambodia’s government in August also revised inflation ...

http://www.phnompenhpost.com/index.php/2012100859161/Business/inflation-low-in-2012-imf.html

High Court upholds verdict

The Supreme Court on Friday upheld the decisions of the lower courts in the case of Seng Chenda, wife of well-known tycoon Khaou Chuly, upholding a 20-year prison sentence for attempted murder, a court official said. According to judge Khim Pon, presiding, the court agreed with ...

http://www.phnompenhpost.com/index.php/2012100859147/National-news/seng-chenda-verdict-upheld.html

Court calls slain journo's family

Three members of the family of murdered journalist Hang Seri Oudom will appear in Ratanakkiri provincial court on Wednesday, according to their lawyer. Oudom, who exposed illegal logging in the area for the Virakchun Khmer newspaper, disappeared last month when he left his house at night ...

http://www.phnompenhpost.com/index.php/2012100859143/National-news/court-calls-slain-journalists-family.html

'Outsider' criticism of verdict blasted by NGO

In a bluntly worded statement, the Ministry of Foreign Affairs has shot back at critics of the Mam Sonando verdict, stressing that there were no political motivations to the case and accusing “outsiders” of trying to pressure a sovereign court. “Mr. Mam Sonando is the mastermind of ...

http://www.phnompenhpost.com/index.php/2012100859148/National-news/criticism-of-sonando-verdict-blasted-by-government.html

NGO plans to build mini-city

An NGO’s plan to build an “entire city” for the victims of a forced eviction has been backed by the Phnom Penh municipal government, with preliminary construction already under way. The $2.2 to $2.5 million project, devised by the organisation People for Care and Learning, is expected ...

http://www.phnompenhpost.com/index.php/2012100859152/National-news/ngo-plans-to-replace-slum-with-new-city.html

Tae Young strikers claim police abuse

Garment factory workers who set tyres ablaze during a strike on Friday claimed yesterday they were burned when police pushed them into their own fire. Snguon Vannary was one of several workers who said his feet had been burned when police broke up the strike at ...

http://www.phnompenhpost.com/index.php/2012100859149/National-news/strikers-claim-police-abuse.html

'Outsiders' Accused of Interference in Sonando Case

The Foreign Affairs Ministry has fired back at criticism over the conviction of independent radio station owner Mam Sonando on insurrection charges, accusing “outsiders” of seeking to interfere in the judicial system. Supporters say the case against Mr. Sonando for allegedly leading an anti-government movement ...

http://www.cambodiadaily.com/outsiders-accused-of-interference-in-sonando-case/

The Week at the CSX: September 28-October 3

The price of Phnom Penh Water Supply Authority stock over the Sept. 27- Oct. 3 period was only KHR 6,200 (US$1.54), under the IPO price of KHR 6,300 (US$1.56), for nearly the whole week. But on Oct. 3, the price rose to the IPO price again, ...

http://etmcambodia.com

Subedi objects to Cambodian PM's remarks

UN Human Rights Envoy to Cambodia Prof Surya Subedi has taken a strong exception to the scathing criticism of him by Cambodian Prime Minister Hun Sen, saying it was unbecoming of a person of the prime minister´s stature to “descend to the personal level”. In a ...

http://myrepublica.com/portal/index.php?action=news_details&news_id=43140

Criticism Continues Over Chut Wutty Murder Case

Environmental protection group Global Witness has added its voice to the growing criticism of the Koh Kong Provincial Court’s decision to end its investigation int the murder of environmental activist Chut Wutty. The decision to drop the case “can only be described by as the latest ...

In Speech, Hun Sen Implicated His Cousin in Land Grabbing

Prime Minister Hun Sen on Friday implicated his cousin as being behind an attempt to sell land in Svay Rieng province that was set aside by the government in 2009 to provide hundreds of land titles to villagers on a social land concession. Speaking at a ...

Experts Put Forward Changes to Draft Agreement Protecting Maids

Officials from the government  U.N. and human rights groups on Friday put forward amendments to draft memorandum of understanding (MoU) that is designed to impose safeguards for Cambodians to travel to work as maids in Malaysia. While the original draft by the Malaysian government sets out the responsibility of ...

Economy Strong but IMF Warns of Risks

Strong exports, increasing numbers of tourists and a recovering real estate sector are driving strong economic growth this year, but the gross domestic product outlook could still be offset by an unstable global economy, weak demand from the West and an overheating banking sector, the International ...

Government Forms Commission to Evict Families Near Airport

Deputy Prime Minister Sok An yesterday approved the creation of a joint commission which will undertake the role of evicting hundreds of families living near the Phnom Penh International Airport before the Asean and East Asia summits commence next month. Mr. Sath [Choam Chao commune ...

Siem Reap's $1,000 Landing Fee Hikes Costs For Airlines

Cambodia’s aviation regulator is imposing a royalty fee of $1,000 for almost every flight that lands at Siem Reap International Airport, a practice that airlines said is pushing up their costs, and which is also against an international aviation convention. While airline officials say the $1,000-per-landing ...

French investors plan tram system for Phnom Penh

French companies are considering plans to invest in a tram system providing comfortable public transport for residents of Phnom Penh, an official said Friday Kuy Koung, spokesman for Ministry of Foreign Affairs and International Cooperation, said the project was discussed during a meeting between Foreign Minister ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YmM0ZTFkZDJjNzg1YTgwMTE4OTU1MGVmYjM0NTYx

Local markets still favorite

Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use. The shopping behavior data, provided by ...

http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html

ADB revises its Asia growth rate

The Asia Development Bank has revised its growth expectations for the entire region down to 6.1 per cent for 2012 in an update to its annual development outlook released in April. This revision comes after the IMF increased GDP projections for Cambodia to up to 7 per ...

http://www.phnompenhpost.com/index.php/2012100559119/Business/adb-revises-its-asia-growth-rate.html

Port more active over nine months

Cargo shipments via Phnom Penh Autonomous Port (PPAP), Cambodia’s second largest port, rose by 16 per cent year-on-year in the first nine months. The Port Authority said yesterday the rise was mainly due to the increase of import and export activities for garments, agricultural and construction ...

http://www.phnompenhpost.com/index.php/2012100559120/Business/port-more-active-over-nine-months.html

Buyers Laud Renewal of Industrial Relations Agreement

As buyers for international clothing brands yesterday praised the renewal of an agreement aimed at reducing strikes in the garment sector, labor unions and factory owners said that only proper implementation would determine the agreement’s effectiveness. Modeled after an earlier pact from 2010 to prevent work ...

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