The Phnom Penh Post
Flood concerns eased by cassava price hikes
Despite flood damage causing reduced production levels, cassava farmers in Pailin province are benefiting from an increase in the purchasing price, provincial department of agriculture officials say. “This year’s harvest dropped to 25 tonnes per hectare from 30 tonnes per hectare last season because of the ...
Chan Muyhong
http://www.phnompenhpost.com/business/flood-concerns-eased-cassava-price-hikes-0
Joint venture to embark on SoHo twin-tower project
Singaporean investors will invest $300 million to erect a twin-towered commercial building called The Bridge, in downtown Phnom Penh. The Bridge, which is a joint venture between Singapore Oxley Holdings and Cambodia World Bridge Land, aims to make its mark on the city landscape by constructing ...
Sum Manet
http://www.phnompenhpost.com/real-estate/joint-venture-embark-soho-twin-tower-project
Work begins on mega resort
Construction began yesterday on the Sokha Hotel Group’s 600-room luxury resort in Siem Reap – right next door to Angkor Wat. Named the Sokha Siem Reap Resort, both company and government officials were out in force at yesterday’s groundbreaking ceremony, talking up the perks of the ...
Thik Kaliyann
http://www.phnompenhpost.com/business/work-begins-mega-resort
Arrest in UN murder
Police on Tuesday night arrested a 35-year-old man they say confessed to the murder of Dutch national Daphna Beerdsen and the brutal attack on her 19-month-old daughter in a burglary gone awry at their home just off Norodom Boulevard on Monday. National Police spokesman Kirth Chantharith ...
Vong Sokheng
http://www.phnompenhpost.com/national/arrest-un-murder
Port volume on the rise in Q1
Cargo volumes at Cambodia’s two largest ports increased steadily during the first three months of the year, signalling stability in the Kingdom’s economy, port officials say. Data from Sihanoukville Autonomous Port (SAP), Cambodia’s largest shipping dock, showed more than 860,000 20-foot-long shipping containers passed through the ...
May Kunmakara
http://www.phnompenhpost.com/business/port-volume-rise-q1
Telecoms unconsulted on cyberlaw provisions
Telecommunications companies say they are being left in the dark on the controversial draft law on cybercrime, despite provisions in the proposed law allowing prosecutors to order internet service providers to preserve data for them as part of criminal investigations. Three large telecom firms providing internet ...
Kevin Ponniah
http://www.phnompenhpost.com/national/telecoms-unconsulted-cyberlaw-provisions
Flyovers, subway on the drawing board for Phnom Penh
The Overseas Cambodia Investment Corporation (OCIC) and Phnom Penh municipality are cooperating to undertake a study on major new projects for the city – two flyovers and a subway, each of which it is hoped would ease the city’s ever worsening traffic congestion. Touch Samnang, project ...
Siv Meng
http://www.phnompenhpost.com/real-estate/flyovers-subway-drawing-board-phnom-penh
Mechanics school on the way
A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...
Hor Kimsay
http://www.phnompenhpost.com/business/mechanics-school-way
Aeon reports record revenue amid ASEAN expansion
Aeon Co, the Japanese firm developing the soon-to-be-opened Aeon Mall on Phnom Penh’s Sothearos Boulevard, has reported a record $62.3 billion in revenue for its financial year ending February 28. The company, which has more than 260 subsidiaries, including the shopping centre development arm Aeon Mall ...
Eddie Morton
http://www.phnompenhpost.com/business/aeon-reports-record-revenue-amid-asean-expansion
Village stoning breeds fears
Ever since some 500 people laid siege to the home of traditional healer pov Sovann, dragged him out and brutally stoned him to death over the course of eight hours on Sunday, two opposing sets of fears have gripped members of his community in Takeo ...
Vong Sokheng and Stuart White
http://www.phnompenhpost.com/national/village-stoning-breeds-fears
Trafficker gets 10 years
The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...
Buth Reaksmey Kongkea and Laignee Barron
http://www.phnompenhpost.com/national/trafficker-gets-10-years
CPP faces isolation: Sokha
Opposition Cambodia National Rescue Party deputy president Kem Sokha returned to Phnom Penh late on Monday and hit the ground running, lambasting the ruling party for blaming the recent collapse of talks on his intransigence and inviting his political foes to risk international condemnation by ...
Meas Sokchea
http://www.phnompenhpost.com/national/cpp-faces-isolation-sokha
NGOs say input and transparency are key
In the wake of a speech by Prime Minister Hun Sen denouncing civil society’s criticism of the way that three judiciary laws sailed through the Council of Ministers without outside input or transparency, NGOs released an open letter yesterday calling for the Kingdom’s renewed commitment ...
Amelia Woodside
http://www.phnompenhpost.com/national/ngos-say-input-and-transparency-are-key
Maids ‘abused’ in Singapore
At least three Cambodians who have travelled to work as maids in Singapore since August last year as part of a pilot scheme have complained to worker welfare groups there about employer abuse and poor working conditions, including molestation and the slapping of a worker. In ...
Kevin Ponniah
http://www.phnompenhpost.com/national/maids-%E2%80%98abused%E2%80%99-singapore
Planning delays oil refinery’s progress
Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...
Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress
ANZ needs to step up its risk assessment: Oxfam
ANZ’s financing of ruling party senator Ly Yong Phat’s controversial sugar plantation has come under fire once again, this time in an investigation by NGO Oxfam into Australia’s big four banks and their links to rights abuses in developing countries. In a report titled “Banking on ...
Daniel de Carteret
http://www.phnompenhpost.com/business/anz-needs-step-its-risk-assessment-oxfam
Strike closes most Bavet factories
All but four garment factories in Svay Rieng province were closed yesterday, as a strike of thousands of workers there continued into its second week, a labour union official said. The strike, estimated to involve about 20,000 people across the province’s Tai Seng and Manhattan special ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strike-closes-most-bavet-factories
Storm pounds B Meanchey
A weekend storm battered buildings in Banteay Meanchey province’s Thma Pouk district, leaving hundreds affected by damage to houses and schools across the area. Deab Chhun, Thma Puok district deputy governor, said strong winds and rain swept through Komrou, Thmor Puok and Phoum Thmey communes at ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/storm-pounds-b-meanchey
Villagers questioned over land dispute
Five men in Koh Kong province could be prosecuted for stealing from a construction crew after the group allegedly seized tools in January, preventing the construction team from building fences in their village. Police summonsed the villagers from Kiri Sakor district’s Prek Khsach commune for questioning ...
Chhay Channyda
http://www.phnompenhpost.com/national/villagers-questioned-over-land-dispute
CNRP lawmaker files suit against official
Opposition lawmaker-elect Lim Kim-Ya filed charges with Phnom Penh Municipal Court yesterday morning against a government official he claims led an attack on a peaceful crowd at Freedom Park last Monday. Ket Khy, a Cambodia National Rescue Party lawyer, told the Post that Kim-Ya was seeking financial compensation ...
Chhay Channyda and Alice Cuddy
http://www.phnompenhpost.com/national/cnrp-lawmaker-files-suit-against-official
AFD loan ‘will bring power to rural areas’
The French Agency for Development (AFD) announced yesterday that it will provide $24 million to finance privately owned water and power providers to supply rural areas that state-run utilities cannot reach. During a ceremony held at the Ministry of Economy and Finance, the AFD and the ...
Chan Muyhong
http://www.phnompenhpost.com/business/afd-loan-%E2%80%98will-bring-power-rural-areas%E2%80%99
ADB report finds gov’t shirking duty
The government is refusing to compensate up to 1,000 families forced to wait for income restoration measures after being relocated from their homes for an Asian Development Bank-funded railway rehabilitation project, a previously unreleased action plan from the ADB reveals. The ADB Management Action Plan, released ...
Kevin Ponniah
http://www.phnompenhpost.com/national/adb-report-finds-gov%E2%80%99t-shirking-duty
Casino owner’s woes persist
The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...
Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist
PM to open investment conference
Prime Minister Hun Sen will open Cambodia’s International Investment Conference in Phnom Penh later this year, the International Business Chamber of Cambodia (IBC) said in a statement yesterday. To be held over two days, the event will take place at the Intercontinental Hotel in Phnom Penh, ...
Daniel de Carteret
http://www.phnompenhpost.com/business/pm-open-investment-conference