News

Cambodia’s inflation up over 5% in February

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

http://www.phnompenhpost.com/index.php/2012031655055/Business/cambodias-inflation-up-over-5-in-february.html

Cambodia may find new rice market in Manila

Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ...

http://www.phnompenhpost.com/index.php/2012031655057/Business/kingdom-may-find-new-rice-market-in-manila.html

Women’s Cancer Hospital to Open in Phnom Penh in 2015

The construction of a new $17.5 million women’s cancer hospital specializing in gynecological services will break ground this summer, one of the co-founders said yesterday. Janne Ritskes, the director of Tabitha Cambodia, an organization that works to improve the lives of poor Cambodians, said the 220-bed ...

Workers vow to keep striking

More than 400 workers at the Hwa Sin Print  factory, in the capital’s Choam Chao commune, had resumed their strike yesterday after management failed to meet their demands, a union official said. Khat Lot, vice-director of the Collective Union of Movement of Workers, said workers had ...

http://www.phnompenhpost.com/index.php/2012031655060/National-news/workers-vow-to-keep-striking.html

Laborers Forced to Work Women’s Day, Union Says

The Free Trade Union (FTU) yesterday filed a complaint with Labor Minister Vong Sauth on behalf of nearly 4,000 garment workers in Kompong Chhnang province against Chinese-owned M&V International Manufacturing Ltd, alleging that they had been forced to work on International Women’s Day, which is ...

Khy Sovuthy, P.19
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Villager defies loggers, claims life is in danger

A man fled his home in Kratie province’s Snuol district after three men threatened to kill him for confiscating their chainsaws during a patrol against illegal logging, he told the Post yesterday. Village representative Chea Horn said he was scared to return home after the men ...

http://www.phnompenhpost.com/index.php/2012031655066/National-news/villager-defies-loggers-claims-life-is-in-danger.html

River widening divides opinions

More than 30 families living near the Siem Reap River in Siem Reap’s Aranh Sakor village have sent a letter to Prime Minister Hun Sen and member of parliament Seang Nam, asking not to be evicted from their land because of the planned widening of ...

http://www.phnompenhpost.com/index.php/2012031655068/National-news/river-widening-divides-opinions.html

Thailand Asked to Air Two Cambodian TV Channels

Cambodians working in Thailand may soon feel a little more at home if the Thai government approves a proposal to start broadcasting two Cambodian television channels. TVK Director General Kem Gunawadh said that Information Minister Khieu Kanharith made the pitch at a meeting Wednesday with the ...

Journalists Trade Blows Over Cash From Wood Smugglers

Two journalists fought it out over cash being paid to them by a wood smuggler along National Road 7 in Kratie province’s Snuol district, landing one of them in the hospital with a head injury on Wednesday morning, a provincial police official said. Kong Sa Im, ...

Lone Strawberry Farmer To Expand His Business

Cambodia’s lone strawberry farmer has expanded his operations in Mondolkiri province in the past four months to encompass 3 hectares of strawberry fields, a provincial official said yesterday. Heng Sokhum, chief of Mondolkiri provincial agricultural department, said that the strawberry farm of Te Duong Dara ...

Tech businesses among Cambodia’s fastest-growing sectors

More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the ...

http://www.phnompenhpost.com/index.php/2012031555037/Business/technology-businesses-among-the-kingdoms-fastest-growing-sectors.html

Mixed results for protesters

Two protests by garment factory workers in Phnom Penh yesterday achieved very different outcomes. One strike will continue today, but the other ended when company management agreed to workers’ demands. Din Sam Ath, president of the Cambodian Federation of Labour Unions, said the company would comply ...

http://www.phnompenhpost.com/index.php/2012031555047/National-news/mixed-results-for-protesters.html

Royal Group Denies Toll’s Exit From Local Railway Project

Royal Group chairman Kith Meng yesterday denied reports that Australian company Toll Holdings would be pulling out of a $140 million joint venture project to rehabilitate Cambodia’s railway system. Toll Holdings, in a joint venture with Royal Group, signed a 30-year contract with the government in ...

Road Built on School Land Draws Protest

The water company that sparked four days of protest in Prey Veng province last week has once again drawn criticism, this time from teachers in Kratie province, who say the firm is building a road across their school’s land. Forty-nine teachers at Preah Kossamak High School ...

US Dollar Drops Below 4,000 Riel With Agricultural Harvest

An increase in agricultural trading has caused the value of the US dollar to dip below 4,000 riel in the past three consecutive days, as there is now a higher demand for the Cambodian riel, money exchangers and an official from the National Bank of ...

Soybean Prices Increase as Farmers Move Away From Crop

The decreasing amount of farmers harvesting soybeans last year has limited supply and raised prices at the markets roughly 42 percent to 4,000 riel per kg, or about $1, according to an agricultural official and farmers. Cheam Chan Sorphaon, director of the provincial agriculture department in ...

Maid ‘forced to take drugs’

A mother from Kampong Chhnang’s Rolea Ba’ier district filed a complaint with the rights group Adhoc yesterday, claiming her daughter, a maid in Malaysia, was being forced to take drugs and work without enough food. Im Meoun, 52, said her daughter Phon Sophea, 20, had been ...

http://www.phnompenhpost.com/index.php/2012031555049/National-news/maid-forced-to-take-drugs.html

Boeng Kak Families Protest for More Land Titles

About 100 residents of Phnom Penh’s Boeng Kak area protested in front of City Hall yesterday to demand that 58 more families be given titles to homes from which they are being evicted. In August, Prime Minister Hun Sen ordered that a 12.44-hectare section of the ...

Beeline books $500m charge after overestimating market

VimpelCom, the Netherlands-based parent company of Cambodian mobile operator Beeline, booked an impairment charge of US$527 million on its operations in Cambodia and Vietnam, according to a 2011 company report. The impairment, or revaluation of VimpelCom’s assets in the two Southeast Asian countries, highlighted the company’s ...

http://www.phnompenhpost.com/index.php/2012031555038/Business/beeline-books-500m-charge-after-overestimating-market.html

Ex-Cambodge Soir Journalists Launch News Website

Asia-Info, an online French news site with journalists based in Cambodia and elsewhere in Southeast Asia focusing on travel and regional issues, launched on Saturday. The website is the brainchild of Jerome Moriniere and Frederic Amat, two former editors of Cambodge Soir—the weekly French-language newspaper that ...

Alleged hotel ‘ransacking’ probed

Four former workers at the Angkor Villa Hotel and Resort appeared in the Appeal Court yesterday for questioning in relation to allegations that they ransacked the hotel during a strike last year. Korng Kimlean, union president of the Cambodian Tourism and Service Workers’ Federation and the ...

http://www.phnompenhpost.com/index.php/2012031555048/National-news/alleged-hotel-ransackingprobed.html

Top officials accused by election watchdog

More than 100 high-ranking Cambodian People’s Party and Royal Cambodian Armed Forces officials were named and shamed by a Cambodian election monitoring organisation yesterday at a workshop on misuse of state property. The Committee for Free and Fair Elections in Cambodia (Comfrel) distributed a detailed list ...

http://www.phnompenhpost.com/index.php/2012031555040/National-news/top-officials-accused-by-election-watchdog.html

Consolidation on Horizon as Mobile Operators Enter Talks

Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...

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