The Phnom Penh Post

Integration a priority

When deciding what aspects of their economies to prioritise to grow their economies, ASEAN’s less developed countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), should look to the organisation’s oldest members (the ASEAN-6) for guidance, according to a joint statement following the fourth CLMV Economics Ministers’ ...

http://www.phnompenhpost.com/index.php/2012082958333/Business/integration-a-priority-for-asean.html

Korean earned income to rise

Cambodians working in South Korea this year are expected to remit up to US$80 million to the Kingdom as up to 40 per cent more Cambodian labour heads to the East Asian nation compared to last year. The Ministry of Labour and Vocational Training expects at ...

http://www.phnompenhpost.com/index.php/2012082958336/Business/korean-earned-income-to-increase.html

Cambodia seeing a solar surge as prices drop

Cambodia is lighting up with solar power as international politics gluts the world market with inexpensive equipment options, according to industry insiders. The lowering or complete end of subsidies for US, European and Australian firms, along with China’s backing of the renewable energy sector, has seen ...

http://www.phnompenhpost.com/index.php/2012082958337/Business/cambodia-seeing-a-solar-surge-as-prices-drop.html

Sex claims a conspiracy: boss

The Ocean Garment manager facing a slew of sexual harassment charges has lashed out at the union representing the 2,500 workers on strike over the past two weeks, claiming its delegates provoked the strike after management cracked down on absent workers and overtime requests. In a ...

http://www.phnompenhpost.com/index.php/2012082958354/National-news/garment-boss-quashes-workers-sex-claims-as-conspiracy.html

Rice export MoU signed

Cambodia has signed a memorandum of understanding (MoU) yesterday to export 100,000 tonnes of rice per year to Indonesia. Senior Cambodian officials hope the MoU will be the impetus for attracting more investments from other ASEAN member states. The MoU was signed between Cambodia’s Minister of ...

http://www.phnompenhpost.com/index.php/2012082958338/Business/rice-export-mou-signed.html

Bonsues 'won't' end strikes

A pay rise for the nation’s garment workers is imminent, but if recent strikes are anything to go by, the US$10 monthly increase from September 1 won’t be enough to stop them from walking off the job. Central to the demands of strikers at four garment ...

http://www.phnompenhpost.com/index.php/2012082858320/National-news/bonuses-wont-end-strikes.html

Camko City restarts after one-year hiatus

Construction at Camko City, an unfinished, US$2 billion satellite city in northwestern Phnom Penh, has resumed after at least one sentence connecting the mega-project’s chief executive with a Korean banking scandal was dropped. , the company behind Camko City, has resumed the construction of retail space ...

http://www.phnompenhpost.com/index.php/2012082858313/Business/camko-city-restarts-as-banking-scandals-drop.html

B Kak women hit streets again

Two months after their release from Prey Sar prison, members of the so-called Boeung Kak 13 were yesterday at the forefront of more calls for authorities to mark out land promised to their community. About 50 Boeung Kak women and children gathered outside to urge authorities to ...

http://www.phnompenhpost.com/index.php/2012082858318/National-news/boeung-kak-women-hit-streets-again.html

Land Rights Worry UN

A mission to examine political rights in Cambodia has been increasingly overshadowed by the Kingdom’s dire land rights situation, the 2012 report from Cambodia’s UN special rapporteur on the situation of human rights, published yesterday, shows. Cambodia’s rapporteur, Surya Subedi, conducted two fact-finding missions to Cambodia ...

http://www.phnompenhpost.com/index.php/2012082858327/National-news/human-cost-of-land-concessions-high-un-special-rapporteur.html

ASEAN needs more funding

ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity ...

http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html

Tougher disclosure rules for resources giants

US-listed corporations in Cambodia, including Chevron, Total, CNOOC and ConocoPhillips, that are engaged in extractive industries are now required to comply with additional transparency rules. The US Securities and Exchange Commission (SEC) implemented new regulations last week, two years after the legislation was initially passed by Congress. Cambodian monitors ...

http://www.phnompenhpost.com/index.php/2012082858310/Business/tougher-disclosure-rules-for-resources-giants.html

ASEAN's newest look for cash

Younger Southeast Asian countries will look for a means of filling the financial gap between poorer mainland ASEAN members and more developed states this week during the 44th ASEAN Economic Ministers Meeting, which kicked off today. At the five-day meeting which Prime Minister Hun Sen was ...

http://www.phnompenhpost.com/index.php/2012082758284/Business/asean-ministers-seek-to-fill-financial-gaps.html

Supplier of Gap in Spotlight

Workers striking at Ocean Garment factory say they still fear for their safety after being ordered back to work on Friday, where a manager accused of sexual harassment continues to work. More than 2,500 workers at the Phnom Penh factory – which supplies retail giant Gap ...

http://www.phnompenhpost.com/index.php/2012082758304/National-news/gap-supplier-in-spotlight-for-sexual-harrassment-allegations.html

PM gives pro-dolphin decree

Prime Minister Hun Sen on Friday approved a new sub-decree geared toward increased protection of the endangered Mekong river dolphin through a series of fishing and motorised transport restrictions in the Mekong river in Kratie and Stung Treng provinces. The Council of Minister’s sub-decree, obtained on ...

http://www.phnompenhpost.com/index.php/2012082758286/National-news/pm-hun-sen-gives-pro-dolphin-decree.html

Carlsberg promises support

Danish brewer Carlsberg has vowed to improve the working conditions of Angkor and Carlsberg beer promoters in Cambodia as it tries to stamp out coerced workplace drinking. The company announced late last week it had joined forces with the Danish Confederation of Trade Unions (LO) to ...

http://www.phnompenhpost.com/index.php/2012082758294/National-news/carlsberg-promises-support-to-cambodian-beer-promoters.html

Sinking feeling on river's edge

About 50 villagers in Kandal province protested yesterday in an attempt to halt the activities of a Vietnamese sand-dredging company, which they said has caused a huge swath of their land to slide into the Mekong River. Residents of Kien Svay district’s Koh Prak village said ...

http://www.phnompenhpost.com/index.php/2012082758300/National-news/villagers-allege-dredging-caused-landslide.html

Improve yields while the sun shines: NGO

This year’s dry spell could be an opportunity rather than a disaster for farmers, Cambodian Center for Study and Development in Agriculture (CEDAC) officials said yesterday. Although drought has destroyed several thousand hectares of crops in the past two months, Cambodia’s largest agricultural NGO is encouraging farmers to ...

http://www.phnompenhpost.com/index.php/2012082758303/National-news/improve-yields-while-the-sun-shines-ngo.html

Earning money and making a difference

Social enterprise may be more than just a buzzword if last Saturday’s attendance at Cambodia’s second-ever conference on the matter was anything to judge by. The 350 person-plus crowd of attendees consisted predominately of Cambodians, for whom doing business appears to be about more than merely ...

http://www.phnompenhpost.com/index.php/2012082758283/Business/the-business-of-making-a-difference.html

Fretting 'ASEAN-alisatinon'

The vision regional leaders have for an ASEAN Economic Community by 2015 may become clearer after this week’s Economic Ministers meeting in Siem Reap, but not everyone has a rose-coloured view of what such integration might mean for Cambodia. Students who have not mastered the ...

http://www.phnompenhpost.com/index.php/2012082758305/National-news/cambodian-students-fear-losing-jobs-to-asean-neighbours.html

Strikes lead to cut in orders

Global brands Levi’s and Gap had slashed their orders from the Tai Yang and Camwell garment factories by 20 per cent, the factories’ boss said yesterday, amid the longest strike in the industry’s recent history. Tai Yang Enterprises manager Wu Minghuor said his company had shuttered ...

http://www.phnompenhpost.com/index.php/2012082458272/National-news/factory-strikes-lead-to-cut-in-orders.html

Vietnam needs more nuts

Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...

http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html

Regional dams threat to fish: study

Thirteen percent of more than 2,500 freshwater species of fish, crabs and plants profiled across the region are under threat of extinction, a report released on Wednesday says. According to an International Union for Conservation of Nature study of freshwater biodiversity in the “Indo-Burma” region, which includes Cambodia, ...

http://www.phnompenhpost.com/index.php/2012082458270/National-news/regional-dams-threat-to-fish.html

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