The Phnom Penh Post

Luxury rosewood bust

Nearly three tonnes of illegally logged rosewood was seized during a raid on the home of a former military police officer in Stung Treng province yesterday. Provincial deputy prosecutor Sun Yeut, who took part in a multi-departmental raid that included police and Forestry Administration officials, said ...

http://www.phnompenhpost.com/2013052165743/National/luxury-rosewood-bust.html

Packaged MSG imports plummet

Cambodian imports of packaged monosodium glutamate (MSG) totalled just 2,086 tonnes last year, the lowest amount since 2002, according to import figures from the customs department of the Ministry of Economy and Finance. The import figures showed that from 2002 to 2010, Cambodia had imported a ...

http://www.phnompenhpost.com/2013052165729/Business/packaged-msg-imports-plummet.html

Thai generator looking at Kingdom

Thailand-based Ratchaburi Electricity Generating Holding Pcl (RATCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...

http://www.phnompenhpost.com/2013052065705/Business/thai-generator-looking-at-kingdom.html

Trade Deal Threat Still On Table

The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ...

http://www.phnompenhpost.com/2013052065716/National/trade-deal-threat-still-on-table.html

Pheapimex Opponent Arrested

A well-known community representative who has long battled alleged land-grabbing by economic land concessionaire Pheapimex Group was arrested on fraud accusations and jailed in Pursat province’s Krakor district yesterday.Fellow community representative Lun Sivy, 42, said Kuch Veng, a member of the Cambodian Peace Network, was ...

Mom Kunthear
http://www.phnompenhpost.com/2013052065715/National/pheapimex-opponent-arrested.html

Jarai Man Exiled After He Opposes Land Deal

Commune authorities in Ratanakkiri province’s O’Yadav district have allegedly banished a local resident for persisting with a lawsuit that accuses them of selling 500 hectares of community forest to two Cambodian developers for $300,000. Romas Svang, who is a member of the ethnic Jarai minority, filed ...

http://www.phnompenhpost.com/2013051765682/National/jarai-man-exiled-after-he-opposes-land-deal.html

Bangladesh woes spare Kingdom

A recent string of disasters rocking Bangladesh’s garment industry has highlighted its factories’ shocking safety record, and stoked optimism that giant fashion brands will flock to move their orders to countries like Cambodia. But Cambodia’s garment industry has not experienced any major deluge of business so ...

http://www.phnompenhpost.com/2013051665643/Business/bangladesh-woes-spare-kingdom.html

Cambodia’s Beauty Industry Blossoming

The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...

http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html

PM Defends Interest Rates

Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...

http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html

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