News

Japanese investors looking to Cambodia

Prime Minister Hun Sen received a visiting delegation of Japanese investors on Friday, according to the national news agency Agence Kampuchea Presse. Led by Fujino Takashi from the Keidanren Japan Business Federation and a member of the Board of Directors at Asahi Glass, the delegation’s visit ...

http://www.phnompenhpost.com/index.php/2012091858774/Business/japanese-investors-meet-with-pm-amid-growing-opportunities.html

Flash Floods, Heavy Rains Expected in 14 Provinces This Week

The government warned residents of 14 provinces yesterday to take precautions against possible flash floods caused by heavy rain, while the homes of almost 1,000 families have already been flooded in Banteay Meanchey province. The Ministry of Water Resources and Meteorology issued a statement yesterday calling ...

Tobacco tax increase likely

Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health Organization’s ...

http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html

Cambodia spends 1 bln USD for oil imports in 7 months

Cambodia had spent 1 billion U. S. dollars to buy petroleum from foreign suppliers in the first seven months of this year, up 22 percent from 817 million U.S. dollars at the same period a year ago, a report of the Commerce Ministry showed Saturday. The ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9579:cambodia-spends-1-bln-usd-for-oil-imports-in-7-months-&catid=1:local-news&Itemid=18

Microfinance: an insider's view

The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...

http://etmcambodia.com

Villagers Say Preservation of Pond Is Worth Fighting For

The future of a pond that sparked controversy last Monday, when about 400 people stopped authorities from filling it with sand in preparation for the construction of a military police base, remains in question, locals said yesterday. The residents of 10 villages protested last week in ...

Patrols in Prey Long Forest Find Signs of Illegal Logging

Community patrols of Prey Long forest by local villagers over the last few days have uncovered at least 65 cubic meters of illicitly cut timber and three chainsaws believed to belong to the illegal loggers. Soem Sean, a member of the Prey Long People’s Network, dedicated ...

A national car for Cambodia

UK-based BIW automotive company on Friday signed a US$2 billion join venture investment with ACICA Automotive (Cambodia) to build a factory in Preah Sihanouk province for a Cambodian-made vehicle within the next three years. The agreement was made between BIW’s director Robin Bowyer and ACICA’s Group ...

http://www.phnompenhpost.com/index.php/2012091758751/Business/a-national-car-for-cambodia.html

R'Kiri duo charged in death of reporter

A Ratanakkiri provincial court has charged a married couple with premeditated murder in the grisly killing of Vorakchun Khmer newspaper reporter Hang Serei Oudom, whose body was found axed to death in the back of a car last week. The suspects, An Bunheng and his wife, ...

http://www.phnompenhpost.com/index.php/2012091758733/National-news/ratanakkiri-duo-charged-in-death-of-reporter.html

Forestry Official, Reporter Arrested and Released

A forestry officer and a reporter from a little-known newspaper were arrested Friday on allegations of attempted extortion and assaulting a man they caught illegally transporting luxury timber, but were released on Saturday, military police officials said yesterday. Seng Chandaron, the chief of Sandan commune Forestry ...

Anniversary Marked With Fiery Demonstration

Resident of Phnom Penh’s Boeng Kak neighborhood burned straw effigies symbolizing corrupt government officials yesterday to make the one-year anniversary of demolition of eight homes at the contest site. Roughly 100 protesters gathered at the site of the demolitions and set fire to eight scarecrow-like effigies ...

Border provinces request more energy from Thailand

Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...

http://www.phnompenhpost.com/index.php/2012091758750/Business/border-provinces-request-more-energy-from-thailand.html

A new push for tourism cooperation

With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday,  according to the Vietnamese Communist Party official news ...

http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html

Journo, forest official allegedly beat logger

A local journalist and a forestry official were arrested by military police in Kratie province’s Sambo district on Friday night for allegedly discharging a weapon into the air and beating a man with a boat oar in an extortion bid gone awry. According to district military ...

http://www.phnompenhpost.com/index.php/2012091758741/National-news/journalist-forest-official-allegedly-beat-logger.html

Anniversary Marked With Fiery Demonstration

Residents of Phnom Penh’s Boeng Kak neighborhood burned straw effigies symbolizing corrupt government officials yesterday to mark the one-year anniversary of the demolition of eight homes at the contested site. Roughly 100 protesters gathered at the site of the demolitions and set fire to eight scarecrow-like effigies- one ...

Bandith trial to begin soon

The long-awaited trial of former Bavet town governor Chhouk Bandith – accused of shooting three garment workers at a protest in February – could begin within the next week, a Svay Rieng Provincial Court official said yesterday. Investigating judge Pich Chhert said the inquiry into the ...

http://www.phnompenhpost.com/index.php/2012091758746/National-news/bandith-trial-to-begin-soon.html

Eviction fears grow at lake

Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...

http://www.phnompenhpost.com/index.php/2012091758736/National-news/eviction-fears-grow-at-lake.html

Timber Firm's workers back

Employee at timber company Angkor Flywood in Kampong Cham province will return to work today after their bosses agreed yesterday to all but one of their demands: an increase in wages. Sok Kin, vice president of the Building and Word Workers Trade Union Federation of Cambodia ...

http://www.phnompenhpost.com/index.php/2012091758737/National-news/timber-firms-workers-back.html

Officer, Wife Charged with Journalist's Murder

The Ratanakkiri Provincial Court yesterday charged a military police captain and his wife with the murder of journalist Hang Serei Odom, officials said. Hang Serei Odom, who worked for the Virakchun Khmer Daily newspaper, was found dead in the trunk of his car on Tuesday. He ...

Tay Ninh, Kampong Chhnang strengthen ties

Leaders from Vietnam’s southern province of Tay Ninh and Cambodia’s Kampong Chhnang province signed a cooperative agreement in Tay Ninh on September 17. The agreement falls within the framework of the minutes of the 7th Cooperation and Development Conference for Vietnamese and Cambodian border provinces that ...

http://english.vovnews.vn/Home/Tay-Ninh-Kampong-Chhnang-strengthen-ties/20129/142200.vov

Southeast Asia smartphone growth: 78% in 12 months

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/

Residents could be evicted as pumped sand fills the Boeung Tumpun lake

Heavy machinery is pumping millions of tonnes of sand from the river into the Boeung Tumpun lake in Phnom Penh, Cambodia. The area is home to some 2000 families and rumours suggest they will be evicted to develop the land once the lake is filled. The ...

http://www.demotix.com/news/1454508/residents-could-be-evicted-pumped-sand-fills-boeung-tumpun-lake#media-1454415

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