The Cambodia Daily

Aviation Chief Urges Compensation for Victims of PMT Crash

Fielding questions from opposition lawmakers in the National Assembly yesterday, the chief of the State Secretary of Civil Aviation (SSCA) addressed a host of issues that have drawn recent criticism of the government body. SSCA Secretary of State Mao Havanall began by saying that the secretariat ...

http://www.cambodiadaily.com

Senator's 2nd Sugar Refinery to Start Up Monday

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...

http://www.cambodiadaily.com

Firm Posts fall In Profits on Slot Machines

Entertainment Gaming Asia Inc. (EGA), a U.S.-listed gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...

http://www.cambodiadaily.com

Asean Fellows Warn Cambodia of Mining Pitfalls

Community representatives from Indonesia and the Philippines warned Cambodia yesterday of the potential human cost that an influx of mining companies could bring to the country. As private companies scour the land for minerals, with some set to begin extraction within a few years, Cambodia could ...

http://www.cambodiadaily.com

Top Hotels Fully Booked Ahead of East Asia, Asean Summits

Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ...

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Trade Reached $11.17B In First Ten Months

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

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Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

Two Die While Illegally Digging for Gold

Two men died in Mondolkiri province’s Pech Chreada district on Sunday after a gold mining pit they were digging collapsed in on top of them, police said yesterday. Provincial police chief Nhem Vanny said that the victims, Sao Leng, 20, and Tharn Kim, 19, had been ...

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Kampot Residents Confront Eviction by Local Company

An agriculture and transportation company has allegedly threatened to demolish the homes of about 100 families on Wednesday if they refuse to move off an agricultural land concession in Kampot province’s Chhuk district, villagers said yesterday. “So Nguon company and [Decho Aphivat commune chief] Chum Soeun ...

http://www.cambodiadaily.com

Hundreds of Workers Detained Crossing Thai Border

Police in Banteay Meanchey province detained 298 people for trying to illegally cross the border to Thailand last week in Thma Puok district’s Kork Romiet commune, police said yesterday. During questioning, all 298 detainees admitted that they were trying to cross the border in order to ...

http://www.cambodiadaily.com

Japanses Police Arrest Ten for Defrauding Investors

Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...

http://www.cambodiadaily.com

Ratings Agency Retains Stable Growth Outlook for Cambodia

Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...

http://www.cambodiadaily.com

Ahead of High-Level Meetings, City Sweeps More Than Streets

Authorities in Daun Penh district have rounded up more than 120 so-called homeless people, drug users and sex workers ahead of next week’s high-level meetings for Asean and international delegates in Phnom Penh, a district official said yesterday. Phnom Penh City Hall has also focused ...

http://www.cambodiadaily.com

Hun Sen to Hold Bilateral Talks With Obama During Summit

Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...

http://www.cambodiadaily.com

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