The Cambodia Herald

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned Wednesday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in ...

The Cambodian Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzMyZGM3M2ZiN2Y4ODU1ZDM0ODJjYmI5NDQwMTM3

Axiata rating not affected by Hello merger with Smart

Standard & Poor’s said Friday that its rating and outlook on Malaysia’s Axiata Group Bhd was not affected by its acquisition of Latelz Co Ltd. “We do not expect the acquisition to significantly affect Axiata’s operating and financial performances,” the international rating agency said in a ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWRiMmE2MmM3MWU4YTA5ZDM0YjM5MzkzZTY2YjYw

Beehive Radio owner loses appeal

The Phnom Penh Court of Appeal ruled Friday that Beehive Radio owner Mam Sonando should continue serving his 20-year sentence for sedition. On October 1, the radio station owner was sentenced to 20 years in jail and fined 10 million riel in relation to a ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTZiOTk5ZWRhYmVlZGZjZWIxNGVhOWNhOTA3ODQ3

Hundreds of workers strike at Bavet bicycle factory

About 1,000 workers at a bicycle factory in the Tai Seng Special Economic Zone went on strike Wednesday for a second day, sources said. The sources said the striking workers at Smart Tech (Cambodia) Co Ltd threw rocks at factory windows and threatened to continue ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2VkYjY5OGIxM2FmNjc1OGQ3MzEzNzgwNGFiZTYw

Residents seek compensation as homes fall into Tonle Sap

Nineteen families from Svay Pak commune in Russey Keo district protested for a second day Wednesday after their homes fell into the Tonle Sap River. Twenty-four houses along the river have been affected, they said. Although five have already left, the other 19 refuse to accept ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTkwM2U3MjZmN2Y5MWNiNTA0NGQyOTczNmUyZDZk

Hun Sen says growing Japanese investment reflects maturing economy

Prime Minister Hun Sen said Monday that the gradual increase in Japanese investment in Cambodia reflected a maturing of the domestic economy. His remarks came at a groundbreaking ceremony for a shopping mall being built by top Japanese retailer Aeon Co Ltd. The $200 million mall ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzZmMTY5YTIyN2RiMGIyYjE4NGVhY2Y5MWM0ZDA0

Land activists welcome Hun Sen’s position on outsiders

About 60 land activists including children marched to the Peace Palace Monday to welcome Prime Minister Hun Sen’s position on outside involvement in land disputes. The residents of two property development sites and Thmor Kol community near Phnom Penh International Airport also presented a list of ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDE0Y2RlZTNlNDVhNDhjMjQ2Mjc5ZDM2ZjUyMTU1

Land disputes to dominate next year's election

Land disputes are expected to be a hot issue in next year’s election, overshadowing perennial issues such as illegal immigration, destruction of forests, corruption, and unemployment. Prime Minister Hun Sen himself has acknowledged that the government’s failure to resolve the issue will mean handing ammunition to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=Yzg3YWUzYzAzOTI0M2IzMTJmZTIyNTAwOGJiN2Qx

Oddor Meanchey forestry police let rosewood shipment go

Forestry police let a vehicle with a half cubic meter of rosewood go Wednesday after border soldiers stopped it in Ou Svay commune in Tropang Prosat district. The vehicle belonged to Rath Sambo, a police officer at the Ministry of Interior who fled the scene, sources ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MGM0N2I5MGY4ZDdhMmRiOTQ0MmYyZWMzNzkxOWVh

Full text of White House statement on US-ASEAN Leaders Meeting

On November 19, 2012, President Obama met with the leaders of the 10 member states of the Association of Southeast Asia Nations (ASEAN) to deepen our diplomatic, economic, security, and people-to-people ties with the key Asian multilateral organization. With a population of approximately 620 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MzZkZDcxNWNkMWUxNTM2ZTE5YzU5M2E1MmM2Njg0

Cambodia calls for deeper East Asian financial cooperation

Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWJiZTczMjAyZmJjMGZlNzhjM2FiMGQwZjUzN2M2

Cambodia has capacity to meet financial commitments

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjYzNjA5ZjFjY2YyOWExZDBmMzQ0OWQwMGVhYzJi

ASEAN to study new ties with six partners

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2UyOTgwNWE3MGRjZWY0ZDVkOGZlMDhjOTc1ODZl

Cambodian vegetable farmers forced to compete with Vietnamese rivals

Cambodian vegetable farmers say they are being forced to compete with more efficient farmers in Vietnam who use farming techniques to make their vegetables grow faster. Farmers in Sambork Meas, a village on the Mekong River in Mokkompul commune in Bakkeng district in Kandal province, say ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=ZWEwOWJiNzMwZWY4NmNhNzBhYjQxZWU0NzU2Mzk0

Hun Sen calls for complete removal of ASEAN trade barriers

Prime Minister Hun Sen called on Tuesday for the complete removal of tariff and non-tariff barriers when the ASEAN Economic Community is set up in 2015 Hun Sen also called for enhanced trade facilitation, further services liberalization and a regional framework for liberalizing and facilitating cross-border ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDAxOTc2NmI0MWQ1ZmIxMTA5OWVkMjNkZDAzNGMy

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