News
Cambodia seeks $200m from China for rice mill
Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...
Cambodians shun banks: World Bank report
Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...
http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html
SMEs look to regional buyers
Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...
http://www.phnompenhpost.com/index.php/2012053056469/Business/smes-look-to-regional-buyers.html
91 NGOs Condemn Gov't Violence in Statement
Ninety-one NGOs put their names to a statement yesterday condemning the government’s escalating use of armed force against peaceful protesters and urged the authorities to engage with them to “break the current cycle of violence and impunity.” Joined by local human rights groups such as Adhoc ...
Violent crackdowns decried
Violent land evictions, unlawful prison sentences, shooting deaths and crackdowns on peaceful protests are all on a list of allegations a human rights group is voicing concerns about this week. The Cambodian Human Rights Action Committee condemned the incidents in a statement released on Tuesday, calling ...
http://www.phnompenhpost.com/index.php/2012053056473/National-news/violent-crackdowns-decried.html
Wait Out Elections, Firm in Land Dispute Told
Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday. KDC, which is owned by Minister of Industry, Mines and Energy Suy ...
Farmers fear deal has strings
Forty Kampong Chhnang villagers embroiled in a long-running land dispute with KDC International, a company owned by the wife of a senior CPP official, farmed contested land without interference on Monday, prompting some to wonder if they were being coaxed to vote for the ruling ...
Seventy Workers Faint at Factory Supplying H&M
More than 70 workers at a factory in Kompong Speu province that produces garments for the Swedish clothing brand H&M were hospitalized Monday after they fainted at their workplace. Chea Mony, president of the Free Trade Union, said the workers at the Anful garment factory in ...
City mum on displacement
A Phnom Penh municipal government plan to build a 2.5 kilometre public space that would displace hundreds of villagers was greeted with requests for compensation by residents yesterday, while city officials refused to comment. Kiet Chhe, deputy chief of city administration, confirmed that a committee ...
http://www.phnompenhpost.com/index.php/2012053056480/National-news/city-mum-on-displacement.html
Phnom Penh Garment Factory Protest Resolved
More than 4,000 workers from two Phnom Penh garment factories belonging to a company that supplies international brands Gap, H&M and Levi Strauss returned to work yesterday after reaching an agreement with owners, union and factory representatives said yesterday. Eah Chip Eang, personnel manager for SL ...
SL employees back to work after resolution
A resolution reached on Monday in the wake of a violent strike at two SL Garment factories that supply Levi’s and Gap resulted in employees returning to work yesterday – for the second time in days. Ek Sopheakdey, a Coalition of Cambodian Apparel Workers’ Democratic Union ...
State Utility Staff May Be Registered To Vote Twice
The SRP yesterday said it had found that more than 90 employees of state-owned power company Electricite du Cambodge (EdC) were registered to vote in two separate places for Sunday’s commune elections and warned that the ruling CPP may use such government employees to vote ...
Boeung Kak women kept away from NGO, reporters
Imprisoned Boeung Kak lake villagers, some crying, motioned to human rights representatives and Post reporters through a chain-link fence at Prey Sar prison on Tuesday. Their efforts to talk to the visitors were futile, however, as two guards stopped anyone from approaching the 13 women sentenced ...
http://www.phnompenhpost.com/index.php/2012053056483/National-news/silent-treatment-at-prey-sar.html
Buses to Run Direct to and from Bangkok
Starting next month, 80 Cambodian and Thai buses and trucks will be allowed to transport goods and passengers directly between Bangkok and Phnom Penh for the first time, an official said yesterday. Suon Vanhong, deputy director of transport at the Ministry of Public Works and Transport, ...
Cardamom Mountains Need Green Economy And Development
In a ceremony of launching new book highlighted solutions to Cambodia’s cardamom conundrum, Author and scientist Timothy Killen explains the potential for Cambodia to become a world leader by pursuing an innovative, low carbon, green development pathway that will foster economic growth and create opportunities for its people, while conserving the natural environment. “Cambodia is ...
SEZ Shooting Suspect Under Court Supervision
The Svay Rieng Provincial Court has placed former Bavet City Governor Chhouk Bundith under court “supervision” after questioning him last week in connection to the Feb. 20 shooting of three female factory workers, according to investigating Judge Pech Chhoeut. Mr. Chhoeut said the ex-governor was questioned ...
Boeung Kak takes case to Assembly
About 200 people, including activist monk Loun Savath, rallied outside the National Assembly in Phnom Penh yesterday in support of the 13 Boeung Kak women sentenced to prison in a three-hour trial last Thursday. Supporters of the women, including villagers, unions and human rights groups, called ...
Advanced Bank of Asia loans MFI $2m
The Advanced Bank of Asia (ABA) last week loaned PRASAC Microfinance Institution US$2 million to support the rapid growth of the microfinance loan industry. The domestic loan was chosen to “diversify our funding sources” because of a large reliance on overseas capital which moves many of the jobs created ...
Eviction worry delays Phnom Penh mega project
The developer of Phnom Penh’s US$1.6 billion Chroy Chungva City project has said ground would not be broken this year, raising questions about the future of the satellite city. Overseas Cambodia Investment Corporation (OCIC) will delay the Chroy Chungva City project after what a local Chinese ...
Cambodia's economic growth predicted 6.6% in 2012: World Bank
PHNOM PENH: the World Bank here said May 23 that the economic growth of Cambodia will project 6.6 percent even though it slightly downed from last year growth, which was 6.9 percent. “Cambodian economy has continued its high growth path as real GDP expanded by 6.9 per cent in 2011 and is expected to ...
Protesters Call For Release of Boeng Kak 15
About 100 residents from Phnom Penh’s Boeng Kak community rallied in front of the National Assembly yesterday to demand the release of 13 women sentenced to jail last week and two others now in pretrial detention for opposing evictions resulting from a real estate project ...
Chut Wutty witness had eyes elsewhere
Another witness to the fatal shooting of prominent environmentalist Chut Wutty and military police officer In Rattana has said he did not see who shot the men after testifying in Koh Kong provincial court yesterday. Puom Ravin, a 37-year-old employee of the logging firm Timbergreen said ...
China Donates $19M During Asean Defense Meet
As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...
SL garment strike resumes after pact disavowed
Employees hurled stones at one of two SL garment factories in Phnom Penh yesterday as they returned to picket lines after management refused to recognise that a document signed on Friday that had enticed them back to work was a formal agreement. Female worker Rith Sineourn, ...