News

Payment demanded for journalist's death

A journalist murdered in Ratanakkiri last week took a call from his accused killer on the night of his disappearance, his family has claimed in a complaint to the rights group Adhoc. Ken Sovann, 63, the mother of slain journalist Hang Serei Oudom, whose body was found in his car in O’Chum district ...

http://www.phnompenhpost.com/index.php/2012091858766/National-news/slain-journalists-mother-seeks-justice.html

As tourism grows, so do questions about sustainability

While tourism officials are pleased about the healthy growth of tourism in Cambodia, the influx of visitors might not be so healthy for the Kingdom’s main attraction-the temple complex of Angkor Wat near Siem Reap. New figures from the Siem Reap tourist office show that about ...

http://etmcambodia.com

Investigation delays final Dara hearing

The Phnom Penh Court of Appeal yesterday postponed the final hearing of disgraced anti-drug czar Moek Dara, Chea Leng and Morn Doeun until next month, citing a need for more time in light of last-minute investigations by the Banteay Meanchey Provincial Court, a court official ...

http://www.phnompenhpost.com/index.php/2012091858764/National-news/investigation-delays-final-hearing-for-anti-drug-czar.html

Villager efforts reveal illegal timber activities

Villagers have found more than 100 cubic metres of timber and three chainsaws in Prey Lang forest during a six-day patrol for illegal logging, community officials said yesterday. Scouring the forest on motorcycles and on foot, more than 300 villagers from four provinces found 100 cubic ...

http://www.phnompenhpost.com/index.php/2012091858763/National-news/villagers-reveal-illegal-logging.html

WHO Urges Higher Taxes On Tobacco

The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...

Central Bank OKs SBC bid

The Taiwanese bank Cathay United, a subsidiary of Cathay Financial Holding and a listed company on the Taiwan Stock Exchange, has purchased a 70 per cent stake in the Cambodia-based Singapore Banking Corporation Ltd (SBC), a central bank official said yesterday. The National Bank of Cambodia ...

http://www.phnompenhpost.com/index.php/2012091858775/Business/national-bank-of-cambodia-approves-cathay-sbc-acquisition.html

Prey Long Forest Patrols Cut Short by Torrential Rain

Community groups have aborted their coordinated patrol of Prey Long forest in search of illegal logging because of heavy rain, a community member said yesterday. The Prey Long People’s Network had planned to continue its patrol-which began Friday and had already found at least 65 cubic ...

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

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