News

Cambodia's food service industry gains new player

Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation. Triasia Group also aims at being ...

http://www.phnompenhpost.com/index.php/2012100459102/Business/cambodias-food-service-industry-gains-new-player.html

Cambodian Resorts on the Increase

International tourist arrivals into Cambodia have soared in the past year, with arrivals into Siem Reap up 30 per cent in the first eight months of 2012 over the same period the previous year. The tourist industry was hit hard by the global economic crisis in ...

http://www.phnompenhpost.com/index.php/Real-Estate/cambodian-resorts-on-the-increase.html

Chinese tourist numbers high

Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...

http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html

Phase Two of Sen Sok Town to begin soon

The second phase of Sen Sok Town, located in Sangkat Phnom Penh Thmai Khan Sen Sok, is slated to start shortly, after it has finished about 70 per cent of its first project. The two projects are worth about US$35 million. The company plans to start the ...

http://www.phnompenhpost.com/index.php/Real-Estate/phase-two-of-sen-sok-town-to-begin-soon.html

Protesters Employ New Tactic At Eviction Demonstrations

Protester’s from Phnom Penh’s Boeng Kak and Borei Keila communities demonstrated outside the Ministry of Justice yesterday by employing a new tactic: locking themselves up inside a cage. With about 100 people in attendance, two protesters crouched inside a small cage to protest against the detention ...

Villagers in Land Disputes With Firm Don't Show for Questioning

Villagers accused of incitement in a long-running land dispute with a company owned by the wife of a government minister did not show up for scheduled questioning yesterday at the Kompong Chhnang Provincial Court, officials said. On September 17, KDC Development company, owned by Chea Kheng, the wife of Minister of Industry, ...

Inflation slows to only 2% says NIS

Cambodia’s inflation rose by 2.2 per cent in August compared to the same month last year, according to the monthly data from the National Institute of Statistics. The increase was due to the rise in food and the fluctuation of gasoline prices. Government officials and economists said the ...

http://www.phnompenhpost.com/index.php/2012100459104/Business/inflation-slows-to-only-2-per-cent.html

Development Bank Revises Growth Outlook

A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent. The ADB’s estimation was edged down just 0.1 percent from its last forecast made ...

Sonando Verdict a Tough Test for KRT Legacy

When the international community hammered out a hard-fought deal with the government in 2001 for a war crimes tribunal to try the most senior leaders of the Khmer Rouge regime, they hoped their efforts would also set an example for local court system riddled with ...

Cambodian Activist Monk Receives Swiss Human Rights Award

The country’s foremost campaigning monk, Loun Sovath, received the Martin Ennals Award in Geneva on Tuesday for his efforts to document the plight of people fighting against eviction in Cambodia. The award, which honors one human rights defender each year, is valued at $21,300, a purse ...

Vietnamese fishermen snared in local waters

Provincial authorities arrested eight Vietnamese fishermen who illegally crossed into un-demarcated Cambodian waters in Kampot province on Tuesday. The two boats were intercepted by river police in the early morning while they were trawling, Touch Poleak, deputy director of the water border protection department, said.   Sar ...

http://www.phnompenhpost.com/index.php/2012100459093/National-news/vietnamese-fishermen-snared-in-local-waters.html

Life on the edge of eviction

A group of families in the capital’s Por Sen Chey district gathered in their sludge-filled street yesterday, fearing authorities were moving in to evict them – for a second time. Many of the Andong village residents had taken the day off work; if anyone was coming ...

http://www.phnompenhpost.com/index.php/2012100459108/National-news/on-the-edge-of-eviction-in-phnom-penh.html

'Multimedia Monk' is honored for activism

Activist monk Luon Sovath has been named the recipient of this year’s Martin Ennals Award for Human Rights Defenders for his work promoting villagers’ land claims and publicising rights abuses. A familiar figure at protests in Cambodia, including the widely decried May trial of the Boeung Kak 13, ...

http://www.phnompenhpost.com/index.php/2012100459106/National-news/cambodian-activist-first-southeast-asian-to-receive-prestigious-rights-award.html

Striking the right balance

The number of strikes in Cambodia’s garment industry could be set to dip and workers could be on their way to free lunches after both sides of the industry signed a two-year memorandum of understanding (MoU) yesterday. The MoU – inked by the Garment Manufacturers Association (GMAC) in ...

http://www.phnompenhpost.com/index.php/2012100459107/National-news/unions-factories-deal-to-curb-walkouts.html

Cambodia’s Jasmine Rice Awarded World Best Rice for 2012

Cambodia’s aromatic variety of jasmine rice was awarded top prize at the Rice Trader World Rice Conference in Bali, Indonesia, last month Cambodia is now seeking to expand its exports of its jasmine rice and other varieties. Ung Chhengsear, a representative of Cambodian rice export company Lor ...

http://www.voacambodia.com/content/cambodia-jasmine-rice-awarded-world-best-rice-for-2012/1518980.html

Cambodia city port sees 16% surge in shipments in 9 months

Container traffic through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 16 percent in the first nine months of this year thanks to increasing import and export activities in garments and construction materials, the port authority said on Wednesday In March last year, to ...

http://news.xinhuanet.com/english/business/2012-10/03/c_131886809.htm

Belarus plans to open tractor factory in Cambodia

visiting Prima Vitlay, vice minister of industry of Belarus today met with deputy prime minister and finance minister of Cambodia, Keat Chhon, here to expand cooperation and trade ties between two countries. Prima told finance minister: “his country schedules to open a tractor factory in Cambodia ...

http://thesoutheastasiaweekly.com/?p=4835

Silk Air celebrates 20 years in Kingdom

Nagaworld Hotel was the venue for Monday night’s occasion, exactly 20 years after the very first Silk Air flight into Phnom Penh on October 1, 1992. The event came on the same evening as the launch of Tiger Airways’ service between Phnom Penh and Singapore ...

http://www.phnompenhpost.com/index.php/2012100359054/Business/silk-air-celebrates-20-years-in-cambodia.html

Cargo at Phnom Penh Port Jumps 15.24 Percent

The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...

Cambodia set to produce halal food

Cambodia is being considered as a site for halal food production and rice milling by the United Arab Emirates, according to the UAE’s Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi yesterday. Speaking during an official meeting with Prime Minister Hun Sen at the Peace ...

http://www.phnompenhpost.com/index.php/2012100359052/Business/cambodia-set-to-produce-halal-food.html

Reporting on Sonando Case Shows Differences in Local Media

The 20-year jail sentence for independent radio station owner Mam Sonando made headlines around the world yesterday, but coverage of Mr. Sonando’s case was markedly different in local Khmer-language media yesterday, particularly national TV where not a mention was made. While the three major Khmer-language newspapers- ...

No Effective Voice for Those Facing Land Issues

Despite the government embarking on a nationwide land-titling program, there is still little space for communities affected by economic land concessions to voice their concerns with the government, members of civil society said at a conference in Phnom Penh yesterday. “We’ve observed that there is limited ...

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

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