News

Rebuilding Cambodia's troubled railways

A project to rebuild Cambodia’s decrepit rail-system appears on track for completion, despite delays and difficulties relocating residents The ABC has been told of the $26 million originally allocated through AusAID, just over $14 million remains, and will go towards finishing tracks and building a bridge ...

http://www.abc.net.au/news/2012-10-10/an-rebuilding-cambodia27s-troubled-rail-system/4305676

Floods may lead to evacuation of 13,000 families

Preparations are in place to evacuate some 13,000 people if flooding worsens in Purst province after the Pursat River burst its banks on Monday nights leading to the evacuation of 27 families in Kandieng district. Pursat provincial governor Khoy Sokha said that floodwater, which ...

Aun Pheap, P. 18

Renewable energy used for rice milling

The Federation of Cambodian Rice Millers Association in Battambang province will establish a biomass-generated electricity plant in Battambang, an insider said. The plant will cost up to US$10 million and generate 10 megawatts of electricity. Phou Puy, president of the Federation of Cambodian Rice Millers Association (CRMA) and the ...

http://www.phnompenhpost.com/index.php/2012101059210/Business/renewable-energy-used-for-rice-milling.html

Land Dispute Protesters' Request Has Little Effect

Prime Minister Hun Sen’s Cabinet yesterday said it would take no action on a request from about 100 villagers living inside a social land concession in Preah Vihear province seeking a resolution to an ongoing dispute over 5,000 hectares of land. Since 2007, villagers have protested ...

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Garbage Pileup Expected as Collectors Take 9-Day Holiday

Residents in Phnom Penh have been warned to expect a buildup of garbage as at least half of the city’s garbage collectors will be on holidays for nine days beginning Thursday. An announcement on the Phnom Penh Municipality’s website, posted Friday, said residents should expect disruptions ...

Commerce Official Denies Luxury Wood 'Logs' Exported to China

A Commerce Ministry official yesterday denied that Cambodia was exporting luxury wood logs to China, insisting that any wood leaving the country was in a “processed” form. The China Customs data also states that each year, just under 10,000 cubic meters of “logs” and about ...

http://www.cambodiadaily.com/news/commerce-official-denies-luxury-wood-logs-exported-to-china/

Local goods market doubles

Cambodia’s branded Fast-Moving Consumer Goods (FMCGs) market might double in value to US$1 billion over the next seven years, according to Unilever Indochina. Factors influencing this are the increasing urbanization of Cambodian society and the desire for more choice, said Maks Mukundan, Unilever Indochina’s managing director. Cambodia’s open ...

http://www.phnompenhpost.com/index.php/2012101059211/Business/cambodias-local-goods-market-doubles.html

Cambodia to get more energy from Thailand

Thailand has committed to supplying additional energy to provinces on the Thai-Cambodia border, an official says. Tun Lean, director of the General Energy Department at the Ministry of Industry, Mines and Energy, said on Monday its Thai counterpart would supply an additional 40 megawatts of energy. For ...

http://www.phnompenhpost.com/index.php/2012101059212/Business/cambodia-to-get-more-energy-from-thailand.html

Hun Sen Questions Motive Behind Criticism

Prime Minister Hun Sen again addressed recent criticism from [Surya Subedi] the U.N.’s human rights envoy to Cambodia , during a speech yesterday in Bateay Meanchey province that focused on land disputes. Mr. Hun Sen was speaking in Thma Puok district’s Banteay Chhmar commune, where he ...

Hun Sen Says Pay Rise for Civil Servants Impossible

The country cannot afford to further increase the salaries of civil servants such as teachers and members of the armed forces, as to do so would require tax increases—a move that has already sparked protests across Europe, Prime Minister Hun Sen said yesterday. Speaking at a ...

http://www.cambodiadaily.com/news/hun-sen-says-pay-rise-for-civil-servants-impossible/

Strike takes Pchum Ben break

About 600 Tae Young factory workers are back on the job thanks to a court injunction – and the desire to pocket a little cash in time for Pchum Ben – but the return will only be temporary, workers said yesterday. The decision followed a Kandal ...

http://www.phnompenhpost.com/index.php/2012101059202/National-news/strike-takes-pchum-ben-break.html

Govt wants word with VOA, RFA

The Ministry of Information and Council of Ministers has summoned representatives from US government-funded radio stations for an unprecedented meeting to discuss the stations’ content, goals and level of professionalism, government officials said yesterday. In a letter dated Monday and signed by Minister of Information Khieu Kanharith, Radio Free Asia (RFA) and Voice ...

http://www.phnompenhpost.com/index.php/2012101059222/National-news/government-wants-word-with-radio-stations.html

PM mocks pay-rise promises

Prime Minister Hun Sen mockingly declared that opposition pledges to increase the salaries of civil servants marked the arrival of “the season of promises” ahead of next year’s elections, during a speech yesterday. The premier deemed boosting salaries by reducing tax losses attributed to graft unfeasible  because ...

http://www.phnompenhpost.com/index.php/2012101059220/National-news/pm-mocks-pay-rise-promises.html

More questioned in journo slaying

The Ratanakkiri Provincial Court has summonsed for questioning Kim Seanglay, a military policeman who was the subject of one of slain journalist Hang Serei Oudom’s articles on the illegal timber trade, Chhay Thi, an investigator for the rights group Adhoc, said yesterday. According to their ...

http://www.phnompenhpost.com/index.php/2012101059214/National-news/more-questioned-in-cambodian-journalists-slaying.html

ASEAN affected by slowdown

The IMF World Economic Outlook (WEO) forecasts that uncertainty surrounding growth in advanced economies will slightly affect the growth of some ASEAN nations, particularly low-income countries such as Cambodia. A senior IMF official told reporters on the sidelines of the fund’s annual meeting yesterday that some ASEAN economies relying heavily ...

http://www.phnompenhpost.com/index.php/2012101059213/Business/asean-economies-affected-by-slowdown.html

Protesting villagers ordered home

Officials from Prime Minister’s Hun Sen’s cabinet yesterday accepted the petition of 110 Preah Vihear villager representatives seeking intervention in a land dispute with defunct NGO DARPO. Hun Sen cabinet member Nov Ra told villagers who protested in front of the prime minister’s house to return ...

http://www.phnompenhpost.com/index.php/2012101059215/National-news/government-pledges-to-resolve-land-dispute-in-preah-vihear.html

Living with the enemy

Four years after they began fighting the well-connected concessionaire DM Group, members of the ethnic Tampuon who remain in Svay Sor village are exhausted. While the DM Group has seen its complaints against villagers and activists routinely heard at court, those filed by the affected families ...

http://www.phnompenhpost.com/index.php/2012100959184/National-news/villagers-continue-to-fight-for-their-land.html

Growth in service sector brings more challenges

Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB) However, inadequate supporting infrastructure, such as transport and basic utilities, the high cost of electricity and inadequate implementations of ...

http://www.tourismcambodia.com/news/events/7109/growth-in-service-sector-brings-more-challenges.htm

EU Bike Import Shows Huge Shifts

The import flow of bicycles (excluding e-bikes) into the European Union is changing rapidly between countries What is in particular striking is the massive upswing in imports from Cambodia. In 2011 the European Union imported 366,000 bikes from Cambodia which took the country to the 9th ...

http://www.bike-eu.com/Sales-Trends/Product-trends/2012/10/EU-Bike-Import-Shows-Huge-Shifts-1081701W/

East Asia growth to recover next year: WB

Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...

http://ph.news.yahoo.com/east-asia-growth-recover-next-wb-060002801.html

Third Taiwanese Bank Slated To Open in Cambodia

The Taiwan Cooperative Bank will become the third bank from Taiwan, which has no diplomatic relations with Cambodia under the “one-China” policy. National Bank of Cambodia officials say the bank has been provisionally approved, but that the central bank needs time to look over the fine ...

http://www.voacambodia.com/content/third-taiwanese-bank-slated-to-open-in-cambodia/1522678.html

Insurance becomes next emerging market

Cambodians are starting to learn about insurance, thanks to Canadian company Manulife, which held a press conference on the topic on Friday. Low awareness and a limited pool of skilled talent are challenges facing insurers in Cambodia according Prudential representative Pankaj Banerjee. Despite this, he said Prudential ...

http://www.phnompenhpost.com/index.php/2012100959185/Business/insurance-to-be-cambodias-next-emerging-market.html

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