The Cambodia Daily

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Beeline Mobile Operator Changes Management

The Dutch mobile telephone operator Beeline has replaced its general manager Gael Campan with Siddhanta Kothari, who previously worked in Vietnam as chief financial officer of GTel Mobile JSC, a subsidiary of Beeline’s owner VimpelCom. Beeline spokeswoman Nhem Socheata said on Friday that the change in ...

Hun Sen Asks Asean to Protect Migrant Workers

Prime Minister Hun Sen yesterday repeated a call for Asean countries to put a stop to the exploitation of migrant workers and urged the acceleration of efforts to provide protection for such workers. At the Asean Summit last month, Mr. Hun Sen said that protecting the ...

OZ Minerals Completes Sale of Cambodian Assets

Australian mining firm OZ Minerals announced yesterday that it has successfully sold its Cambodian mining assets to Renaissance Minerals Limited for AU$17.8 million, or $19.2 million, after years of disappointing gold exploration results here. According to the statement, Renaissance now controls the 1,100-square-km core of the ...

Tobacco Harvest Hurt by Rains, Fewer Farmers

Rainfall during this year’s dry season and fewer farmers cultivating tobacco has resulted in a shortage of raw tobacco and a steep price increase, industry officials and farmers said yesterday. Tola Ponlu, head of corporate and regulatory affairs at British American Tobacco (BAT) in Phnom Penh, ...

Hundreds Stopped in Attempt to Curb Illegal Logging on Border

Hundreds of would-be illegal loggers have been stopped this year by provincial authorities in Preah Vihear, Oddar Meanchey and Banteay Meanchey who have stopped them from crossing the border into Thailand, where Thai soldiers have killed 17 Cambodians so far this year. In Preah Vihear alone, ...

Walmart Denies Link to Factory Tied to Abuse of Cambodians

Mega U.S. retailer Walmart has denied allegations that it buys food products from a Thai seafood factory accused of trafficking and mistreating Cambodian workers. In a report released on Tuesday, the Cambodian Legal Education Center (CLEC), which has sent staff to investigate the Phatthana Seafood Co. ...

Cambodians Face Abuse at Seafood Factory

A Thai seafood factory supplying retail giant Walmart is continuing to violate its labor arrangements with hundreds of Cambodian workers there and could leave up to 100 of them stranded and jobless by next week, the Cambodian Legal Education Center (CLEC) said in a new ...

First Quarter Insurance Revenues Up 39 Percent

Revenues in the insurance industry increased to $9.4 million in the first three months of the year compared with $6.7 million during the same period last year, figures from the General Insurance Association of Cambodia show. Ty Atith, a senior underwriter at Cambodian Reinsurance Company, said ...

Governor Denies Any Plans to Build Subway

Phnom Penh governor Kep Chuktema denied a report that appeared Tuesday on the government-run news website Agence Kampuchea Presse (AKP), which claimed that the municipality has plans to build a subway beneath the Tonle Sap River. According to the AKP report, the Phnom Penh municipality will ...

New iPad to Be Released In Cambodia on Friday

Two months after it was unveiled and released in the U.S., Apple Inc.’s newest version of the iPad will be released Friday in Cambodia, according to the website of the California-based technology giant. Though suppliers of the iPad in Cambodia were tightlipped yesterday on the number ...

Property Prices See First Rise Since 2009

Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...

Gaming Company Announces Casino in Poipet

Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...

Four Political Parties Agree to Disclose Campaign Finances

Representatives from four political parties yesterday signed a campaign finance voluntary disclosure pact, promising transparency in how their election funds are spent and identifying the sources of their funding. The disclosure agreement was reached by the SRP, Human Rights Party (HRP), Funcinpec and Movement for Democracy in the absence of ...

Government Announces Anti-Graft Price Lists

Eight months after the anti-graft provisions of the Anti-Corruption Law came into effect, the Anti-Corruption Unit (ACU) announced yesterday that it would start a widespread campaign to introduce standardized fees for government services in every commune office—though it will likely be months before any visible steps are taken. More than 2,000 ...

Memorial to Be Held in Koh Kong for Slain Forestry Activist

An estimated 600 people who say their livelihoods have been affected by illegal logging and deforestation across the country are scheduled to gather in Koh Kong province on Friday at the site where environmental activist Chut Wutty was shot dead on April 26. The group will ...

Maid Held By Malaysian Employers, Mother Says

The Cambodian Legal Education Center (CLEC), a rights group, is investigating a mother’s claim that her daughter is being abused and held against her will by her employers in Malaysia, Moeun Tola, head of CLEC’s labor program, said yesterday. ...

Country’s First Life Insurance Firm Enters Market

The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...

Agricultural NGO to Become a Cooperative

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it was undertaking measures to change its status from an NGO to a cooperative, a move that will ease the organization of donor money and push it to become more profit orientated ...

Hun Sen Puts Freeze on Land Concessions

Prime Minister Hun Sen yesterday issued a moratorium on economic land concessions, temporarily halting a long-standing policy of granting land to private companies and those with powerful political connections that has sparked growing concerns from national and international human rights groups. The prime minister’s announcement comes ...

Continue Probe Into Killings, Rights Groups Say

Human rights groups yesterday decried the result of the government’s investigation into the murder of forestry activist Chut Wutty and military police officer In Rattana, saying that there were many holes in the official finding. On Saturday, the government committee charged with investigating the killings in ...

Thailand Says Border Logging Could Hurt Relations

The Thai Foreign Ministry has called on the Cambodian government to admit that its citizens are illegally logging for rosewood on Thai territory, The Bangkok Post reported yesterday. Cambodia should admit to the situation to preserve healthy bilateral relations between Phnom Penh and Bangkok, Thai Foreign Ministry spokesman Thani Thongphakdi said ...

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