The Phnom Penh Post

PM urges migrant protection

Some 285 million workers will migrate for employment when ASEAN countries open their borders to each other in 2015, Prime Minister Hun Sen predicted yesterday, as he urged speedier regional legislative action to ensure they could travel safely. At an ASEAN Socio-Cultural Community Council meeting, the premier warned ...

http://www.phnompenhpost.com/index.php/2012102659423/National-news/pm-urges-migrant-protection.html

Trade with Vietnam slows

Bilateral trade between Cambodia and neighboring Vietnam grew by 17 per cent in the first nine months of the year compared to the same period last year, a decrease from previous years, the Vietnam Trade Office in Cambodia said yesterday. The data showed a total trade volume ...

http://www.phnompenhpost.com/index.php/2012102659432/Business/trade-with-vietnam-slows.html

Ratanakiri deaths 'avoidable'

Better communication from authorities in Cambodia and Vietnam might have prevented the deaths of villagers and the destruction of homes in Ratanakkiri at times when water has been released from Vietnam’s Yali Falls dam, researchers said yesterday. Speaking at a national workshop about the Yali Falls ...

http://www.phnompenhpost.com/index.php/2012102559406/National-news/ratanakkiri-deaths-avoidable.html

Major boulevards increasing in price

The sale and purchase of land along the four major boulevards in Phnom Penh climbed up to 40 per cent in the third quarter of 2012, while the construction of offices is gradually on the rise, according to real estate experts. The growth of land prices ...

http://www.phnompenhpost.com/index.php/Real-Estate/land-price-along-boulevards-on-the-rise.html

Foreigners entering the condo market in Phnom Penh

The number of foreign owners of houses in Cambodia has soared in recent years after the government permitted foreigners to have rights over owning real estate in the Kingdom, according to officials of the Ministry of Land Management, Urban Planning and Construction. Speaking at the opening of ...

http://www.phnompenhpost.com/index.php/Real-Estate/foreigners-entering-the-condo-market-in-phnom-penh.html

Dangerous chemicals still found in foodstuffs

Some Cambodian foodstuffs contained potentially harmful preservatives used to extend the shelf life of the products and ensure profits, an official said yesterday. Pork Sovannarith, secretary of state for the Ministry of Industry, Mines and Energy, said some food producers continued to use preservatives that could ...

http://www.phnompenhpost.com/index.php/2012102559408/Business/dangerous-chemicals-still-found-in-foodstuffs.html

More visitors to hail Kingdom

Cambodia Airports estimates the number of passengers entering via Cambodia’s two international airports will increase by an average 8.8 per cent in 2013. That prediction is 1.2 per cent lower than the 2012 projection of a 10 per cent increase. The lower forecast is due to the ...

http://www.phnompenhpost.com/index.php/2012102559410/Business/more-visitors-to-hail-kingdom.html

Credit bureau makes doing business easier

A report released by the World Bank on Tuesday highlighted Cambodia as the most improved country in terms of businesses getting credit, due to the establishment of the country’s first credit bureau in March. Cambodia ranked 133 out of 185 in the World Bank’s report, up from 141 ...

http://www.phnompenhpost.com/index.php/2012102559400/Business/credit-bureau-makes-business-easier.html

Kratie meet pushes dolphin protection

Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...

http://www.phnompenhpost.com/index.php/2012102559409/National-news/kratie-workshop-pushes-dolphin-protection.html

Deported home in disgrace

A Chinese woman found guilty of intentionally causing damage after tearing up photos of the late King Father was deported yesterday morning – a mere two days after the crime occurred. Wang Zia Chao, 43, who on Tuesday was given a suspended one-year prison sentence, left ...

http://www.phnompenhpost.com/index.php/2012102559412/National-news/deported-home-in-disgrace.html

More Lao land deals inked

Laos has contracted firms to build and operate another significant hydro-power plant on the Mekong River system, adding to the existing furor over potential effects on downstream countries such as Cambodia from the controversial Xayaburi dam. The contracts, reportedly worth $1 billion, are for a series of three dams making ...

http://www.phnompenhpost.com/index.php/2012102559403/National-news/more-lao-dam-deals-inked.html

Fish output likely to drop

Fishery resources could fall this year because of a lack of flooding along rivers and waterways impeding fish from travelling freely or finding food to encourage their growth, a fishery official says. Sam Nov, deputy general director of Fishery Administration at the Ministry of Agriculture, Fishery and ...

http://www.phnompenhpost.com/index.php/2012102459389/Business/fish-output-likely-to-drop.html

Sentencing swift in pic ripping case

Less than 36 hours after Wang Zia Chao provoked a strike by destroying two photos of the late King Father in front of hundreds of Cambodian garment workers, the Chinese factory manager was booked, charged and convicted by the Phnom Penh Municipal Court, which last ...

http://www.phnompenhpost.com/index.php/2012102459392/National-news/sentencing-swift-in-sihanouk-pictures-ripping-case.html

Export diversity induces growth

In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...

http://www.phnompenhpost.com/index.php/2012102459390/Business/export-diversity-induces-growth.html

Residents not budging

About 40 families in Phnom Penh’s Meanchey district are disputing local authorities’ demand that they abandon their homes without compensation so the government can increase a nearby canal’s capacity. The residents, who were asked on September 28 to vacate their homes within a week by Meanchey ...

http://www.phnompenhpost.com/index.php/2012102459388/National-news/residents-grow-desperate-as-forced-eviction-starts.html

Record dogs new ACRA chief

The owner of a labor firm repeatedly accused of human trafficking, who is also the sister of one of the country’s top police officials, has been appointed head of the Association of Cambodian Recruitment Agencies (ACRA). Grave concerns have been expressed by rights groups over the appointment of Ung Seang ...

http://www.phnompenhpost.com/index.php/2012102459382/National-news/record-dogs-new-acra-chief.html

China's ICBC offers RMB transfers

A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...

http://www.phnompenhpost.com/index.php/2012102359361/Business/industrial-and-commercial-bank-of-china-offers-rmb-transfers.html

Reserve rate doesn't worry local banks

Bankers have raised no concerns over the National Bank of Cambodia’s increase to the reserve requirement rate in order to maintain the stabilization of cash flow and inflation during a time of global financial difficulty. The increase, from 12 to 12.5 per cent, issued late last month, was ...

http://www.phnompenhpost.com/index.php/2012102359366/Business/reserve-rate-doesnt-worry-local-banks.html

Questions over China dams

Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...

http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html

Fake dollars stopped: cops

Three men arrested over a plan to smuggle millions of dollars worth of counterfeit US banknotes into Cambodia with the help of Thai criminals used the name of Prime Minister Hun Sen’s chief bodyguard to secure the deal, a provincial court heard yesterday. Pin Tipelo, 38, ...

http://www.phnompenhpost.com/index.php/2012102359358/National-news/three-arrested-over-fake-dollars-smuggling-plan.html

First & Main gear goes cheap

Workers from bankrupt plush-toy factory First & Main are still owed money after the Ministry of Social Affairs auctioned $200,000 worth of factory equipment for just $21,000, a labor rights advocate said Sunday. More than 350 workers were left stranded when the US-owned teddy bear factory closed in ...

http://www.phnompenhpost.com/index.php/2012102359360/National-news/first-a-main-gear-goes-cheap.html

Boss commits royal blunder

A Chinese factory manager sparked a near-riot in Phnom Penh yesterday morning after publicly destroying two photos of the late King Father in front of hundreds of workers. More than a thousand employees of the Top World garment factory launched an immediate strike, and threatened to ...

http://www.phnompenhpost.com/index.php/2012102359368/National-news/boss-commits-royal-blunder.html

Thailand cracks down on exploitative factory

In a rare intervention, the Thai Labor Ministry has stepped in to stop the exploitation of migrant workers from Cambodia and Myanmar at a seafood factory in the country’s south, correspondence obtained by the Post reveals. The ministry found the Phatthana Seafood factory, in Songkhla province, which employs ...

http://www.phnompenhpost.com/index.php/2012102359354/National-news/thailand-cracks-down-on-exploitative-factory.html

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