News

Donors End Bonuses for Civil Servants

Foreign donors have spotted a multi-millon dollar salary supplement scheme for civil servants falter failing to work out the details of the plan’s future with the government, several donors said yesterday. “Some of the government’s partners decided to end the payments at the end of June”, ...

Worker relieved of factory job

The dismissal of a worker allegedly fired by Xin Lan (Cambodia) garment factory in Kandal province’s Ang Snuol district for frequently relieving himself on the factory’s perimeter fence has sparked a mass strike of about 1,000 fellow workers – almost all of the factory’s staff. Nov ...

http://www.phnompenhpost.com/index.php/2012080757850/National-news/alleged-job-sacking-incites-factory-protest.html

Asian tourist numbers up, profits stagnant

The growth in international tourists visiting Cambodia is almost 27 per cent that of the numbers seen during the first six months of 2011, according to tourism officials who are predicting that the growth may be 25 per cent at the end of this year. Visitors ...

http://www.phnompenhpost.com/index.php/2012080757845/Business/asian-tourist-numbers-up-profits-stagnant.html

China giant looks to Kingdom

Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...

http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

Growth to be focus of ASEAN Economic Summit

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

Flood's lessons linger in Kratie

When 41-year-old Pheng Seng’s brick-making business was ravaged by flood in Kratie province a year ago, he lost about US$5,000. Kratie town also flooded this time a year ago. It was so bad that speedboats were seen zipping through the streets past submerged motorcycles with ...

http://www.phnompenhpost.com/index.php/2012080757851/National-news/floods-lessons-linger-in-kratie.html

Villagers Protest Loss of Local Crematorium to Private Firm

More than 100 villagers in Russei Keo district’s Prek Liep commune protested outside the Pur Thiproek pagoda on Saturday against plans to remove the crematorium, claiming the head monk had agreed to sell the land to a local property company. “That crematorium was built by ...

Preah Vihear Villagers Protest Clearing of Farmland

About 300 villagers living inside a social land concession in Preah Vihear province’s Kulen district protested at Phnom Penh’s Wat Botum yesterday, requesting that Prime Minister Hun Sen stop provincial authorities from clearing their farmland in preparation for the area to be used to house ...

Calls Mount for the Release of Beehive Radio Station Owner

A trio of international NGOs representing lawyers and journalists added their voice last week to the mounting calls for the government to release radio station owner Mam Sonando and drop all charges against him “immediately and unconditionally.” Authorities arrested Mr. Sonando, owner of the independent Beehive ...

Preah Vihear villagers protest soldiers' SLC

Villagers who allege authorities and armed forces in Preah Vihear province have been burning their houses and clearing farmland of 400 families, to create a social land concession, protested yesterday, calling on intervention from Prime Minister Hun Sen. The 5,557-hectare SLC in Kulen district’s Srayang village ...

http://www.phnompenhpost.com/index.php/2012080757855/National-news/preah-vihear-villagers-protest-soldiers.html

Lighting the rural night

For Cambodian farmer In Chanthy, illuminating the rural night used to be tiresome task. His village in Svay Rieng province is not connected to the national electricity grid and to light the dark he would have to take car batteries to a station and pay ...

CSX wants more trading sessions

The Cambodia Securities Exchange (CSX) has requested adding four trading sessions in the hopes of increasing trade volumes. The request, if approved by the Securities and Exchange Commission of Cambodia, could see new sessions added within a month. The CSX has seen low trading volumes over the ...

No Cause for Concern - Experts not worried about decrease in fixed-asset investment

At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...

http:///www.etmcambodia.com

Families stand firm on eviction

A group of families whose homes are in the way of a municipal road-widening project rejected an offer from city hall on Friday to re­­­locate and receive financial compensation, representatives from the community said. Located on the outskirts of Phnom Penh in Tuol Kork district, community ...

http://www.phnompenhpost.com/index.php/2012080657823/National-news/refusing-to-yield-families-stand-firm-on-eviction.html

New spin on an old traditionArtisan Designers (AND)

Putting a new spin on a traditional art form isn’t a simple thing to achieve, but for niche fashion enterprise Artisan Designers (AND) an ambitious new branding campaign is seeing Cambodian handicrafts pushed in a new direction. Opening eight months ago on the tourist-friendly street 240, ...

http://www.phnompenhpost.com/index.php/2012080657820/Business/new-spin-on-an-old-tradition.html

Adidas joins fashion district

Phnom Penh now offers Adidas brand-name sportswear at #90 Sihanouk Boulevard just west of the Independence Monument in the latest enhancement of what has become Cambodia’s fashion district. Phnom Penh’s movers and shakers were on hand for Saturday night’s Adidas launch event with a tent-enclosed street-side stage adjacent ...

http://www.phnompenhpost.com/index.php/2012080657821/Business/adidas-joins-fashion-district.html

Brokers nabbed at airport

Four brokers accused of duping 19 victims out of thousands of dollars for non-existent jobs in South Korea were arrested at Phnom Penh International Airport on Saturday. Keo Thea, chief of Phnom Penh’s anti-human trafficking and juvenile protection department, said Por Sen Chey district police arrested ...

http://www.phnompenhpost.com/index.php/2012080657832/National-news/brokers-nabbed-at-airport.html

Strike may end if deal holds: union

Workers who have been told they have been sacked for striking at the co-owned Tai Yang and Camwell factories will forget about their seniority bonuses – for now – if they are reinstated, unions and an advocacy group said yesterday. In an attempt to end one ...

http://www.phnompenhpost.com/index.php/2012080657835/National-news/strike-may-end-if-deal-holds-union.html

National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

Cambodia, ILO Promotes Decent Work for All

PHNOM PENH: The International Labor Organization (ILO) and Ministry of Labor and Vocational Training launched a Decent Work for All Profile for Cambodia which assesses progress in the development of labor market conditions and protection for workers over the past decade on Monday 30th July. “Launching ...

Villagers in Sihanoukville Ordered off Disputed Land

The Preah Sihanouk Provincial Court has ordered villagers living on disputed land in Sihanoukville to leave the area by Thursday, according to a statement released by th the court yesterday. “We wish to inform people living in Muoy commune’s Phuom Bei village that on August 9, ...

CEDAC pools capital to produce organic rice

Cambodian Center for Study and Development in Agriculture (CEDAC), a Cambodian agricultural organisation, will collect US$20 million from the Kingdom’s farmers through 2022 in an attempt to accumulate capital for organic rice production. Oun Sophal, president of CEDAC’s Farmer Network from Kampot province’s Dang Tong ...

http://www.phnompenhpost.com/index.php/2012080657818/Business/cedac-pools-capital-to-produce-organic-rice.html

Cambodia Needs $100 Million Annual Investment to Develop Energy Projects

Phnom Penh: “Cambodia is needing $ 1 billion over the years or at least 100 million annual investment to develop renewable energy projects for rural electrification in order to reduce its dependence on diesel consumption,” said Mr. Toch Sovanna, Director of Departmemnt of Energy Technique, ...

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