News

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

Cambodia-India Trade Values $85 Million In 2011

Cambodia-India trade valued $85 million last year while Cambodian exports amounted $12 million and imports from India were worth $73 million, an official said Friday. ...

http://thesoutheastasiaweekly.com

The potential of Cambodia

Whenever you build a structure, you always start with a plan that exists first as an idea and then makes its way to paper and then usually a model: and this is true of ships or skyscrapers. Then comes the construction process when you bring in ...

http://www.phnompenhpost.com/index.php/2012052856411/Business/the-potential-of-cambodia.html

Cambodia Officially Starts Trading Life Insurance

Cambodia on May 21 officially started to trade life insurance for first time in history with hope of supplementing social security and growth of insurance development in the kingdom. At the inauguration ceremony at 21st floor of Canadia Tower in Phnom Penh, His Excellency, Aun Porn Moniroth, secretary of state of finance ministry said: “it ...

http://thesoutheastasiaweekly.com

Athletes Keang Samom represents Cambodia at London Olympic

Keang Samorn will represent Cambodia in the Olympic Games marathon in London in July, Pen Vuthy, secretary general of The Cambodian Athletic Confederation said. ...

http://thesoutheastasiaweekly.com/

President Obama Expected to Attend Summit in Phnom Penh

A senior White House official has again indicated that U.S. President Barack Obama is expected to attend the East Asia Summit in Phnom Penh in November. U.S. Assistant Secretary of State for East Asia and Pacific Affairs Kurt Campbell reiterated Mr. Obama’s plans to attend the ...

Court Accuses Advocate Monk of Incitement

The Phnom Penh Municipal Court has accused the well-known monk and human rights advocate Loun Sovath of incitement for unspecified actions committed in Cambodia and abroad, according to court documents obtained Friday. The court documents, signed by Investigating Judge Duch Kim on Feb. 14, were sent ...

Cambodian forest campaigners fight rampant logging

KOH KONG, Cambodia – Frustrated by government inaction, Cambodian citizen patrollers are risking their lives to take on the country’s illegal loggers in a bid to save their shrinking forests. The shooting of a prominent environmentalist by a military policeman last month after he refused to ...

http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120527-348666.html

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

Municipal Court Sentences 13 Boeng Kak Protesters to Jail

The Phnom Penh Municipal Court yesterday charged and then immediately sentenced 13 women embroiled in a long-running land dispute with CPP Senator Lao Meng Khin’s private company to two-and-a-half years in jail. The women, which included Heng Mom and Tep Vanny, were among the leaders of ...

Conservation Efforts Boost Crab Production

Improved quality coupled with growing international demand has sent crab prices escalating over the past year, officials said on Wednesday. In some provinces, the price has jumped as much as 66 percent during the past 12 months. Lang Kery, chief of the Koh Kong provincial Fishery Administration’s ...

Silk producers look to sew up EU market ties

Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. Silk craftspeople import some 400 tonnes of silk ...

http://www.phnompenhpost.com/index.php/2012052556377/Business/silk-producers-look-to-sew-up-eu-market-ties.html

Activist monk detained at Wat Botum

Senor members of the monastic community yesterday detained Buddhist monk Loun Savath, an award-winning human rights activist, after he took photos of protesting Boeung Kak lake villagers outside Phnom Penh municipal court. Monks, police and unidentified men in plain clothes violently forced Loun Savath into a ...

http://www.phnompenhpost.com/index.php/2012052556389/National-news/activist-monk-detained-at-wat-botum.html

Families Forced Out of Homes Ahead of Gov't Deadline

Security forces and employees of a Vietnamese-owned rubber plantation in Mondolkiri province continued to drive families out of their homes yesterday ahead of today’s government-imposed eviction deadline. Officials and villagers say most of the roughly 200 families have already left. With more than 300 security personnel posted ...

Factory Says Buyers Will Go to Burma if Protests Continue

A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...

Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com

Strikers back at table

Workers from SL Garment factories and union representatives held their second round of talks at the Ministry of Social Affairs yesterday as strikes at the Levi’s, Gap and H&M suppliers continued for the 12 day straight. ...

http://www.phnompenhpost.com/index.php/2012052556386/National-news/strikers-back-at-table.html

Mondulkiri village’s residents say they’d rather die than run

A combined force of police, soldiers and military police last night set a deadline of 8am this morning for villagers in Mondulkiri province’s tiny Rayum commune to leave their homes or face forcible eviction. Authorities, who have surrounded the village for a week, say the villagers’ ...

http://www.phnompenhpost.com/index.php/2012052556382/National-news/mondulkiri-villages-residents-say-theyd-rather-die-than-run.html

Activist Monk Released, Vows To Continue Activism

Loun Savath, a monk and rights activist who was detained by plain clothes security officials Thursday, was released that night, after he agreed to sign a letter vowing to stop leading and participating in protests. However, he has promised he will not halt his activism. Loun ...

http://www.voanews.com/khmer-english/news/Activist-Monk-Released-Vows-To-Continue-Activism-154147005.html

World Bank outlook for Cambodia positive

The World Bank’s biannual report on Cambodia was largely positive given dire economic prospects in Europe, which economists agreed were closely tied to the Kingdom’s key export sectors. The report, released yesterday, predicted 6.6 per cent growth in gross domestic product Manufacturing is predicted to slow slightly this year, ...

http://www.phnompenhpost.com/index.php/2012052456354/Business/world-bank-outlook-for-cambodia-positive.html

Land Evictions Cause Mass Protests and Arrests to Escalate

The number of protests over land disputes increased in 2011 as forced resettlement, restrictions on freedom of assembly and the harassment of peaceful protesters continued to tarnish Cambodia’s human rights record, Amnesty International said in its annual report released yesterday. Noting the huge impact of economic ...

Honda strike set to roll on

More than 100 staffers protested outside a Honda NCX company in Por Sen Chey district’s Choam Chao commune yesterday because they say employees are being sacked for trying to unionise, among other grievances. Soeurn Sot, a technician at the company, said during the protest that if ...

http://www.phnompenhpost.com/index.php/2012052456362/National-news/honda-strike-set-to-roll-on.html

KFC in Cambodia Makes Losses in First Quarter

The Malaysian company that operates the KFC fast food restaurants in Cambodia has announced the venture made losses of more than a quarter of a million dollars in the first three months of this year. In its first-quarter report to the Malaysian stock exchange, QSR Brands ...

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