The Phnom Penh Post

China giant looks to Kingdom

Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...

http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

Growth to be focus of ASEAN Economic Summit

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

Flood's lessons linger in Kratie

When 41-year-old Pheng Seng’s brick-making business was ravaged by flood in Kratie province a year ago, he lost about US$5,000. Kratie town also flooded this time a year ago. It was so bad that speedboats were seen zipping through the streets past submerged motorcycles with ...

http://www.phnompenhpost.com/index.php/2012080757851/National-news/floods-lessons-linger-in-kratie.html

Preah Vihear villagers protest soldiers' SLC

Villagers who allege authorities and armed forces in Preah Vihear province have been burning their houses and clearing farmland of 400 families, to create a social land concession, protested yesterday, calling on intervention from Prime Minister Hun Sen. The 5,557-hectare SLC in Kulen district’s Srayang village ...

http://www.phnompenhpost.com/index.php/2012080757855/National-news/preah-vihear-villagers-protest-soldiers.html

Families stand firm on eviction

A group of families whose homes are in the way of a municipal road-widening project rejected an offer from city hall on Friday to re­­­locate and receive financial compensation, representatives from the community said. Located on the outskirts of Phnom Penh in Tuol Kork district, community ...

http://www.phnompenhpost.com/index.php/2012080657823/National-news/refusing-to-yield-families-stand-firm-on-eviction.html

New spin on an old traditionArtisan Designers (AND)

Putting a new spin on a traditional art form isn’t a simple thing to achieve, but for niche fashion enterprise Artisan Designers (AND) an ambitious new branding campaign is seeing Cambodian handicrafts pushed in a new direction. Opening eight months ago on the tourist-friendly street 240, ...

http://www.phnompenhpost.com/index.php/2012080657820/Business/new-spin-on-an-old-tradition.html

Adidas joins fashion district

Phnom Penh now offers Adidas brand-name sportswear at #90 Sihanouk Boulevard just west of the Independence Monument in the latest enhancement of what has become Cambodia’s fashion district. Phnom Penh’s movers and shakers were on hand for Saturday night’s Adidas launch event with a tent-enclosed street-side stage adjacent ...

http://www.phnompenhpost.com/index.php/2012080657821/Business/adidas-joins-fashion-district.html

Brokers nabbed at airport

Four brokers accused of duping 19 victims out of thousands of dollars for non-existent jobs in South Korea were arrested at Phnom Penh International Airport on Saturday. Keo Thea, chief of Phnom Penh’s anti-human trafficking and juvenile protection department, said Por Sen Chey district police arrested ...

http://www.phnompenhpost.com/index.php/2012080657832/National-news/brokers-nabbed-at-airport.html

Strike may end if deal holds: union

Workers who have been told they have been sacked for striking at the co-owned Tai Yang and Camwell factories will forget about their seniority bonuses – for now – if they are reinstated, unions and an advocacy group said yesterday. In an attempt to end one ...

http://www.phnompenhpost.com/index.php/2012080657835/National-news/strike-may-end-if-deal-holds-union.html

National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

Rep wrongfully fired from airport: union

The Cambodian Tourism and Service Worker’s Federation (CTSWF) is asking Minister of Labour Vong Sauth to intervene in the case of one union worker fired from a Phnom Penh International Airport company with no reason offered. Nin Kosal, who worked as union secretary for the Cambodia ...

http://www.phnompenhpost.com/index.php/2012080357796/National-news/rep-wrongfully-fired-from-airport-union.html

Job security low as unemployment drops

The International Labour Organisation (ILO) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...

http://www.phnompenhpost.com/index.php/2012080357786/Business/job-security-low-as-unemployment-drops.html

Bounced cheques causing concern

Military police in Siem Reap province arrested a 33-year-old woman this week on accusations of fraudulent activity involving writing a cheque at a local bank. Cheque account usage, an infrequently used service only a few years ago, is gaining traction in the Kingdom. Bank officials said fraudulent cheques ...

http://www.phnompenhpost.com/index.php/2012080357788/Business/bounced-cheques-causing-concern.html

Insurance, banks join forces

Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...

http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html

Unions skirmish using factory as 'battleground'

The setting is familiar – a garment factory in Kandal province that supplies Levi’s and Gap – and so is the number of people involved, but a strike that has raged at Yung Wah Industrial II factory since Monday has a twist: it’s worker versus worker and union versus ...

http://www.phnompenhpost.com/index.php/2012080357800/National-news/unions-skirmish-using-factory-as-battleground.html

Despair in Pursat as students begin to exit

Nineteen families from Pursat province’s Prangil commune, plagued by a long-running land dispute with developer Pheapimex, are in despair now that student volunteer surveyors cannot help them reclaim land they say is rightfully theirs. Prime Minister Hun Sen on Wednesday revealed he had revised his ...

http://www.phnompenhpost.com/index.php/2012080357794/National-news/despair-in-pursat-as-students-begin-to-exit.html

Fish and rice, together at last

A new long-term project aims to boost fish stocks in rice fields. That was not a typo. For years, rice farmers in Cambodia have swept up fish – as well as frogs, snails and other aquatic fauna – that make their way from streams, canals and ...

http://www.phnompenhpost.com/index.php/2012072757657/National-news/fish-and-rice-together-at-last.html

Officials pitch invesment from Thais

Cambodia’s top economy builders are looking to bring back Thai investment that has departed the country since the onset of political clashes involving Preah Vihear temple in northern Cambodia. Officials at the Council for the Development of Cambodia (CDC) yesterday hosted 30 delegates from the Thai ...

http://www.phnompenhpost.com/index.php/2012072757653/Business/officials-pitch-for-invesment-from-thais.html

Airport dwellers displaced from ‘anarchic’ houses

Nearly 100 families who live in three villages in Por Sen Chey district’s Choam Chao commune near the Phnom Penh International Airport have been told by district authorities they have seven days to relocate and will be given no compensation. However, the residents are refusing ...

http://www.phnompenhpost.com/index.php/2012072757659/National-news/airport-dwellers-displaced-from-anarchic-houses.html

As Phnom Penh's buildings rise, safety scales back

Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ...

http://www.phnompenhpost.com/index.php/2012072757666/National-news/as-buildings-rise-safety-scales-back.html

Slain activist Chut Wutty's death still a mystery

On Saturday, the family of slain environmental activist Chut Wutty will commemorate the 100 days, or thereabouts, that have passed since his death in a case that remains unresolved even though six eyewitnesses have already been questioned. The official story is that he was killed by ...

http://www.phnompenhpost.com/index.php/2012072757667/National-news/the-chut-wutty-mystery.html

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