News
Cambodia plans to ask finance from China to build 300 to 500 km rural roads annually
Samdech Prime Minister Hun Sen said this week that he will talk with Chinese leaders especially his Chinese counterpart PM Wen Jiaboa about finance to build 300-500 km rural roads in the country in contribution of helping poverty reduction and living conditions of the local ...
Asean invests $178 Million in Cambodia for the first semester of 2012
Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...
Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals
Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...
Land Ministry Officials Charged With Corruption
The Phnom Penh Municipal Court has charged four senior officials at the Ministry of of Land Management with corruption and placed them in pretrial detention at Prey Sar prison on Thursday evening, officials said. On Monday, Sa Reth Boramy, deputy director of the ministry’s department of land ...
With No Faith In Courts, Embattled Turn to Prayer
Clutching bunches of incense, mouths moving in tandem, those gathered before the Preah Ang Dang Keu Shrine on Sisowath Boulevard late last month migth have passed for any group of supplicants save for a notable exception: The prayer was aimed at the judiciary. When supporters of ...
Cham Families On Riverbank Told to Leave
More than 100 Cham fishing families who moor their boat homes on the banks of Phnom Penh’s Chroy Changva peninsula have been ordered to relocate, with one official saying the fishing boats were spoiling the beauty of the riverbank and the area around the new hotel. “We already ...
Small Signs Show Investors Slowly Diversifying in Cambodia
The lastest investment data from the government shows that Cambodia’s economy is moving away from the long-trusted staple of the garment sector and into more compplex industries. For more than a decade, garments have accounted for the lion’s share of the country’s export market as investors shied away ...
Nat'l Assembly Approves UN Conventions
National Assembly voted Friday to ratify the U.N. Convention on the Rights of People with Disabilities and the U.N. Rotterdam Convention, which promotes the responsible labeling nd export of hazardous chemicals and pesticides. The assembly also voted in favor of an agreement with Qatar to ...
E-Revolution equals jobs
The United Nations Industrial Development Organisation (UNIDO) in cooperation with a number of organisations launched a new e-waste management project yesterday in Cambodia in a bid to recycle the country’s burgeoning electronic waste and to provide job opportunities, as Hurleypalmerflatt opened an office in Cambodia to provide jobs for ...
Effects of Last Year's Flooding Still Being Felt by Scavengers
Large dump trucks with beds full of rusted, twisted metal and aluminium canss rolled in, one after another, to unload their cargo at Phnom Penh’s largest scrap yard in Dangkao district. “All the metal must be exported because there are no recycling factories here [in Cambodia],” ...
Vehicle Imports up 45 pct in first half
Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...
Minorities Press Gov't for More Communal Titles
Hundreds of indigenous people called on government to pick up the pace in granting them communal land titles at a ceremony marking the U.N.-sponsored International Day of the World’s Indigenous People in Kompong Thom province yesterday. “The gathering today is to mark the 8th anniversary of Indigenous Day ...
Taxes and capital obstacles for small business owners
The exclamations of dismay that come from small-business people in Cambodia when someone tries to take a picture of their shop are to be expected, as they believe the photo will be used to make them pay taxes they cannot afford, but that doesn’t mean ...
Gov't Approves Nearly $500M in Investments
Cambodia approved a total of $479.68 million in new investment projects between January and June with more than 70 new ventures in the pipeline, according to date released yesterday by the Council for the Development of Cambodia (CDC). Investments in the garment sector continued to dominate new investments, comprising 49 of ...
Waste to Watt
In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...
Loans from China Still Welcome, Hun Sen Says
The Chinese government is considering loaning an unspecified amount of money to cover the cost of constructing 20 new national roads, Prime Minister Hun Sen said yesterday. Speaking at the inauguration of 128-km stretch of National Road 62 linking Kampong Thom and Preah Vihear provinces, also primarily funded by ...
Officials Halt Clearance of Community Forest
Forestry administration officials in Battambang province have stepped in to stop the destruction of a community forest area by military and police, officials said yesterday. Over two past months, soldiers, police and military police have destroyed part of the 1,335-hectare Prey Tralach forest in Rokha Kiri district, which ...
Rights Groups File Lawsuit Over Land Meeting Breakup
Two local human rights groups filed lawsuits yesterday at the Ratanakiri Provincial Court accusing commune and village officials of defamation and intimidation after they disrupted land-rights training session last month. On July 26, a group of armed officials stopped Adhoc and the Cambodian Center for Human Rights (CCHR) ...
Gaming Company Posts Record Quarter of $5.2M
Entertainment Gaming Asia Inc. (EGA), which owns a number of casinos in Cambodia, as well as provides gaming machines to other local gambling venues, announced on Tuesday that quarterly revenues from April through June reached a record $5.2 million, up 14 percent compared to the ...
Micro-lender Plans to Become Commercial Bank
Amret, one of the largest micro-finance institutions (MFIs) in the country, has announced that it is making plans to raise the capital required to become a full commercial bank by 2015, an official at the institution said yesterday. Chea Phalarin, CEO of Amret, said the decision to expand ...
Hun Sen Says Land Program Proving a Success
Prime Minister Hun Sen yesterday said that the government had identified nearly 100,000 families who are now considered eligible for land titles, and that plans were in store to locate hundreds of thousands more in the coming month. Speaking at the inauguration of a new 128-km stretch of ...
Fees too high: AirAsia CEO
While AirAsia, one of the world’s largest low-cost airline, is gearing toward an expansion in the region, the company’s chief executive said that serving Cambodia was expensive due to high airport fees. Airport charges are high and restrictive, as are over-flight fees, compared to other countries in ...
Land officials rounded up in ACU bust
Four officials from the Ministry of Land Management, Urban Planning and Construction accused of land dispute-related corruption were arrested on Monday by the Anti-Corruption Unit. An official who declined to be named told the Post yesterday that Sa Reth Boramy, deputy general director of General Department ...
Conference urges Cambodia to boost energy efficiency
Officials at a recent energy conference in Phnom Penh stressed that Cambodia needed to use energy more efficiently to meet regional goals, boost economic development and lower overall harm to the environment. More than 150 energy officials from the public and private sectors came together for ...