News
Five workers injured as lift plummets from third floor
Five workers riding a lift meant to carry animal carcasses up to the fifth floor of a meat roasting facility were left with serious injuries when their metal cage plummeted from the third floor. The five victims, aged from 25 to 38, suffered broken legs ...
Indonesia to import 100,000 tons of rice from Cambodia
Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...
http://www.thejakartapost.com/news/2012/11/01/indonesia-import-100000-tons-rice-cambodia.html
Doing business gets easier in Cambodia: World Bank
Cambodia rose five places in the World Bank’s annual Doing Business study to 133I’d out of 185 countries, largely due to the establishment of a credit bureau, which makes acquiring loans easier. The report, which ranks countries in 10 categories on the ease of doing ...
Over 2.5 million visitors to Cambodia in the first nine months of 2012
Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...
http://www.traveldailynews.com/news/article/51858/over-2-5-million-visitors-to
Court Charges General Denounced by Hun Sen Over Land Claim
The Phnom Penh Municipal Court on Tuesday charged a Ministry of Interior police general with intimidation and unlawful interference in the discharge of a public function for allegedly attempting to use Prime Minister Hun Sen’s student volunteer program to settle a personal land dispute. Mr. ...
ADB Institute: too much focus on 2015
Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...
National Road 3 prices flat
The sale and purchase of land along National Road 3 is increasing in volume but land prices are not increasing significantly despite the road being completed, and despite the many industrial zones along it. Based on his company’s research in the second quarter of this year, ...
http://www.phnompenhpost.com/index.php/Real-Estate/national-road-3-prices-flat.html
Svay Rieng Court Delays Hearings for Ex Bavet City Governor
The Svay Rieng Provinical Court has missed its October deadline to hear the triple shooting case involving former Bavet City governor Chhouk Bundith, a court official said yesterday. A court investigation into the Febuary 20 shooting in a special economic zone that left three garment workers ...
FAT's direct Angkor Wat flights to resume Dec. 25
The Taipei-based Far Eastern Air Transport Corp. (FAT) will resume its direct flights from Taiwan to Angkor Wat in Cambodia starting Dec. 25 Soon after the FAT reopened its flight operations on April 18, 2011 following several years of suspension caused by financial troubles, the Tonlesap ...
http://www.chinapost.com.tw/taiwan/business/2012/11/01/359511/FATs-direct.htm
French Delegation to Discuss Water Treatment
Delegates from eight French-owned companies in the water management sector will meet with government officials and officials from the Phnom Penh Water Supply Authority today to explore business opportunities in Cambodia, according to a French Embassy statement yesterday. As a part of a two-day visit, ...
New unit stops 23 on Thai border
Units of a newly deployed, 100-strong military police force stationed around Banteay Meanchey province’s Poipet town after Pchum Ben snared 23 workers seeking to illegally cross the border into Thailand for work on Tuesday. Twenty mobile, five-man units were patrolling in rotating day and night shifts ...
Scrutiny over Finnish firm’s ties to Xayaburi
The Finnish government will investigate multinational consulting and engineering firm Pöyry over its involvement in Laos’s Xayaburi dam project, a letter obtained by the Post yesterday reveals. According to the letter from Finland’s Ministry of Employment and the Economy, dated October 16, a complaint filed by ...
Analog to be Replaced by Fully Digital Television by 2020
Analog broadcasts from television stations all over Cambodia will cease and be replaced by digital transmissions by 2020 at the latest, Minister of Information Khieu Kanharith said yesterday. Speaking at a press conference to representatives from 13 television stations, Mr Kanharith said Cambodia needs to transition ...
As Insurance Claims Grow, So Do Premiums
The total amount of claims paid out by local insurance firms during the first nine months of the year have tripled to more than $11 million compared to the same period in 2011 According to data from General Insurance Association of Cambodia (GIAC), paid claims grew ...
PM says economy to grow by 7 per cent
Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of 7 per cent growth and the latest forecast showed that the inflation rate ...
Flood money runneth over
Flooding this year cost the government significantly less than expected due to better preparation and lower water levels than in previous years, first vice president of the National Committee for Disaster Management Nhim Vanda announced yesterday. The NCDM could not yet report the precise amount spent on flood ...
http://www.phnompenhpost.com/index.php/2012103159481/National-news/flood-money-runneth-over.html
Hun Sen: remove ASEAN trade barriers
Prime Minister Hun Sen has called for the removal of all tariff and non-tariff barriers when the ASEAN Economic Community (AEC) integrates in 2015, saying it is of central importance. Speaking at the opening of an ASEAN symposium in Phnom Penh on Tuesday, the premier said integration of ...
Swedish outcry has royal voice in midst
Growing calls in Sweden for multinational clothing giant H&M to increase wages for Cambodian garment workers have taken a royal twist. Cambodia’s Prince Charin Norodom, 38, who has lived in Sweden for more than 30 years, told the Post yesterday that he had been working behind ...
Bunong Minority Villagers Protest Against Rubber Company
About 80 ethnic Bunong villagers living in Mondolkiri’s Pech Chreada district staged a protest against the Socfin-KCD rubber company Monday, demanding that the firm honor its long-standing pledge to return 1,000 hectares of farmland located inside its concession. Socfin-KCD, a join venture between Socfin, a ...
NGO Says Dispatch of Troops Against Protesters Unjustifiable
Soldiers should not have been deployed in support of a warrant to arrest land dispute protesters in Kratie province in May—an operation that led to the killing of a 14-year-old girl by armed forces, a Japanese human rights group said in a new report. The report ...
http://www.cambodiadaily.com/news/ngo-says-dispatch-of-troops-against-protesters-unjustifiable-4971/
Striking workers resign in trade-off
Tae Young factory workers have ended their strike demanding the reinstatement of 16 fired workers after the factory last week agreed to drop its legal complaints against eight of the 16 in return for the entire group’s official resignations. About 600 protesters began the strike at ...
Hong Kong seeking trade ties
During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ...
http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html
Another major Xayaburi pact
The inking of a €300 million contract for water turbines, and job advertisements marked “urgent” appear to be the latest signs that Laos is powering forward with the Xayaburi hydroelectric dam project on the Mekong River. Assurances the $3.8 billion project was on hold pending further ...
http://www.phnompenhpost.com/index.php/2012103159486/National-news/another-major-xayaburi-pact.html
Complaint to Be Filed in US Over Koh Kong Sugar Plantations
Families in Koh Kong province will today file a complaint with the U.S. government against American Sugar Refining (ASR) over farmland they claim they were violently evicted from to make way for two sugar plantations that supply the New York-based company. The 207 Koh Kong ...
http://www.cambodiadaily.com/news/complaint-to-be-filed-in-us-over-koh-kong-sugar-plantations-4956/