News

Thai Border Case Weaker, Thaksin Says

Fugitive former Thai Prime Minister Thaksin Shinawatra has told Thai media that Cambodia has the stronger case in the legal dispute between the two countries over hotly disputed land around Preah Vihear temple. The comments-a first in public for a top Thai politician, past or present-come ...

Six Arrested For Crossing Laos Border

Six Cambodians, including a police officer, were arrested in Laos last week after crossing into the country illegally from bordering Stung Treng province, according to a military official. The group, which also included two women, had been foraging for plants and fishing in the jungle near ...

Border business in O'Smach

It was a big gamble for Khun Savy, travelling hundreds of kilometres and spending thousands of Thai baht for broker fees and bribes he said he paid to be smuggled into Thailand. At the O’Smach International Border Checkpoint in Oddar Meanchey province, the 29-year-old was one ...

http://www.phnompenhpost.com/index.php/2012031254987/National-news/border-business-in-osmach.html

Ministry matters: Pawnshops must apply for license

The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows the 2010 law that first legalised pawnshops in the Kingdom, an ...

http://www.phnompenhpost.com/index.php/2012031254975/Business/ministry-matters-pawnshops-must-apply-for-license.html

More Migrant Workers Losing Contact, NGOs Say

The number of families claiming to have lost contact with relatives working overseas has seen a significant increase in recent months, three human rights groups said Thursday. Local rights groups Adhoc and Licadho and the legal aid association Cambodian Legal Education Center (CLEC), said that ...

Integration of Southeast Asian Stock Exchanges Hits Snag

Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...

http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html

Brands Urge Gov't to Act on SEZ Shooting

Some of the world’s largest international clothing brands, along with foreign labor protection groups, have called on the Cambodian government to intensify its investigation of last month’s triple shooting of spectators at a Svay Rieng special economic zone. Signed by several of the biggest customers ...

Leave Minimum Wage Be, Manufacturers Say

The Garment Manufacturers Association in Cambodia (GMAC) has said that there should be no discussions on raising the minimum wage until 2014, in response to a request from three garment industry unions for talks on a living wage for workers. The response, sent on Wednesday ...

Free Lunch Comes at a Cost for City Soup Kitchen Founder

Since its first day of operation in early December, the non-profit kitchen “Buckhunger” has provided nearly 22,00 lunchtime meals to hundreds of needy children and adults for free. There is no record of who comes and goes, and no condition to being fed. If you ...

Shooting suspect a governor no more

Triple-shooting suspect Chhouk Bandith has been sacked as Bavet town governor to prevent him from interfering in court proceedings, the Svay Rieng deputy provincial governor said yesterday. The high-profile suspect is accused of shooting three garment factory workers at a protest outside the Kaoway Sports Ltd ...

http://www.phnompenhpost.com/index.php/2012030954953/National-news/shooting-suspect-a-governor-no-more.html

Koh Kong intervention sought

The provincial office of rights group Licadho has called on Koh Kong provincial politicians to help more than 1,000 families being forcibly evicted to make way for a sprawling gambling resort and other development, representative said yesterday. More than 130 families, from three villages in Kiri ...

http://www.phnompenhpost.com/index.php/2012030954950/National-news/koh-kong-intervention-sought.html

Anco report flawed: auditor

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. The report was used ...

http://www.phnompenhpost.com/index.php/2012030954952/National-news/anco-report-flawed-auditor.html

Hun Sen Defends Pardon for Fisheries Crimes

During a speech lasting more than three hours, Prime Minister Hun Sen yesterday sought to clarify his recent blanket amnesty of fisheries crimes, and called on fisheries officials to reform the law that criminalizes certain means of fishing. In his speech, Mr. Hun Sen provided ...

Protesters successful; water prices decrease

Authorities in Prey Veng province yesterday agreed to cut the price of water from 1,800 riel to 1,200 riel a cubic metre after more than 1,000 people blocked National Road 11 for the fourth consecutive day. Acting provincial police chief Dim Yarum said yesterday an ...

http://www.phnompenhpost.com/index.php/2012030954948/National-news/protesters-successful-water-prices-decrease.html

Two More Set Schools Could Close

Eight SET international (SI) schools have closed nationwide over the past two months because of financial problems, and the remaining two schools in Phnom Penh and Kompong Chhnang provinces also appear poised to shut their doors soon, a Ministry of Education official said. The abrupt closings ...

Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

US-Asean Delegation to visit Cambodia this month

A US-Asean Business Council delegation will visit Phnom Penh on March 19 and 20 to meet with government officials about current or potential investments in the country, American Cambodian Business Council President Bretton Sciaroni said. The meeting comes after a delegation of 11 Fortune 500 ...

Spate of abuses continues

Nearly two dozen fishermen were re­patriated to the Kingdom yesterday after being trafficked aboard Thai fishing boats where they endured forced labour and rampant abuse. The 11 men bring to 30 the number of fishermen repatriated from Malaysia and Indonesia this year. They were visibly shaken ...

http://www.phnompenhpost.com/index.php/2012030954949/National-news/spate-of-abuses-continues.html

Investment in mining operations falls sharply

Guangxi Nonferrous Metal Group invested $21.95 million in the construction of a steel processing plant, the data shows. The Chinese company planned to invest as much as $500 million in Preah Vihear province, China’s state-owned Xinhua news agency reported in November. China’s Xing Yuan Kang Yeak ...

http://www.phnompenhpost.com/index.php/2012030954944/Business/investment-in-mining-operations-falls-sharply.html

Japan Asks for Tax Breaks, Better Regulations

The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...

Revision for Reuters

Yesterday a Reuters news story, “Insight: China gambles on Cambodia’s shrinking forests,” which also ran in today’s Phnom Penh Post and Cambodia Daily, mentioned Open Development Cambodia, and suggested that we are partnering with a local advocacy group to track concessions. This is not accurate. Like ...

Tycoon free after striking deal

A tycoon arrested on Tuesday by military police on fraud charges yesterday walked free after striking a deal with the man he defrauded, court officials said. Meas Chanpiseth, deputy prosecutor of the Phnom Penh Municipal Court, said that 52-year-old tycoon Peang Kosal, executive director of the ...

http://www.phnompenhpost.com/index.php/2012030854934/National-news/tycoon-free-after-striking-deal.html

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