The Phnom Penh Post

Sihanoukville port revenues up 22% on economic growth

Revenues earned by the Sihanouk Autonomous Port for the first quarter of this year jumped 22 per cent year-on-year to US$8.3 million, according to figures released yesterday by SAP. Exports of the Kingdom’s rice, garments and timber, coupled with imports of textiles, electronics and construction materials, ...

http://www.phnompenhpost.com/index.php/2012040655455/Business/sihankouville-port-revenues-up-22-on-economic-growth.html

Tourism wins in China trade deal

Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...

http://www.phnompenhpost.com/index.php/2012040655456/Business/tourism-wins-in-china-trade-deal.html

Senior official hit with corruption complaint

Allegations that a senior government official in the Ministry of Planning stole thousands of dollars have been levelled in a complaint signed by more than 20 officials. But the director of the National Institute of Statistics, San Sy Than, defended Mech Kanthul, claiming the officials ...

http://www.phnompenhpost.com/index.php/2012040655466/National-news/senior-official-hit-with-corruption-complaint.html

Two-day respite: Factory shut for repairs after fainting

The Sabrina Garment factory, where 107 workers fainted on Wednesday morning, was ordered yesterday to close for two days to clean and repair its ventilation system, a Ministry of Labour official said yesterday. ...

http://www.phnompenhpost.com/index.php/2012040655462/National-news/two-day-respite-factory-shut-for-repairs-after-fainting.html

Maid’s family seeks justice

The family of a Cambodian maid that officials suspect was tortured to death in Malaysia will fly there shortly to file a complaint against her employers, a government spokesperson said yesterday. Ministry of Foreign Affairs spokesperson Koy Kuong said the family of Mey Sichan, 22, from ...

http://www.phnompenhpost.com/index.php/2012040655463/National-news/maids-family-seeks-justice.html

‘Maid brokers’ on the stand

A teenager was one of 13 girls locked inside a recruitment company’s offices in the capital last year after being promised work as a maid in Malaysia, she told the Phnom Penh Municipal Court yesterday. The court yesterday tried three people over alleged illegal detention and human ...

http://www.phnompenhpost.com/index.php/2012040655461/National-news/maid-brokers-on-the-stand.html

HIV dollars stretching far: study

A dollar invested in aiding HIV patients was worth almost twice that to the people it was targeting with help, according to a new study by the NGO KHANA. ...

http://www.phnompenhpost.com/index.php/2012040655458/National-news/hiv-dollars-stretching-far-study.html

Analysis: Confronting the age crisis

Today is World Health Day, marking the anniversary of the founding of the World Health Organisation in 1948. Each year, a theme is selected for World Health Day that highlights a priority area of concern for the WHO. This year’s priority area is ageing and health, ...

http://www.phnompenhpost.com/index.php/2012040655454/National-news/analysis-confronting-the-age-crisis.html

‘New deal’ eyed for migrant workers

Prime Minister Hun Sen’s call on Tuesday to strengthen cooperation among ASEAN members to protect the rights of migrant workers echoed recent comments by rights groups who say further protections are necessary as the 2015 deadline for an integrated economic community looms. As that deadline approaches, ...

http://www.phnompenhpost.com/index.php/2012040555449/National-news/new-deal-eyed-for-migrant-workers.html

Officials ‘Renting Out’ Outlawed Fishing Lot

Forty families from Kandal province’s Chroy Snor village filed a complaint with Licadho yesterday, accusing district fishery officials of keeping an illegal fishing lot open and renting it to businessmen.   ...

http://www.phnompenhpost.com/index.php/2012040555446/National-news/officials-renting-out-outlawed-fishing-lot.html

Maybank steers for untapped markets

Maybank will bet on what it said was Cambodia’s low bank-penetration rate for future growth as it transitions from a branch of its Malaysian parent into a locally incorporated subsidiary. With 34 licenced banks operating in a market with US$4.07 billion in loans in 2011, analysts ...

http://www.phnompenhpost.com/index.php/2012040555439/Business/maybank-steers-for-untapped-markets.html

Cambodia’s SMEs told to ready for AEC 2015

Cambodian officials are pushing the country’s small- and medium-sized enterprises to prepare for a potential increase in demand expected with the establishment of the ASEAN Economic Community by 2015. ...

http://www.phnompenhpost.com/index.php/2012040555437/Business/cambodias-smes-told-to-ready-for-aec-2015.html

Hun Sen: we won’t be bought

After a week of global media reports dissecting Cambodia’s relationship with China, Prime Minister Hun Sen had apparently had enough yesterday – lashing out at the media and analysts he termed “crazy” in what proved an unexpected conclusion to the 20th ASEAN Summit. The premier spent ...

http://www.phnompenhpost.com/index.php/2012040555451/National-news/hun-sen-we-wont-be-bought.html

Sea dispute still in limbo

A code of Conduct governing the South China Sea remains only an “eventual” prospect, Prime Minister Hun Sen said yesterday, despite it dominating discussions during this week’s ASEAN Summit. From the beginning of Monday’s Foreign Ministers’ Meeting, the question of China’s potential involvement in the drafting ...

http://www.phnompenhpost.com/index.php/2012040555452/National-news/sea-dispute-still-in-limbo.html

Maid starved to death in Malaysia, police say

Another Cambodian maid died in Malaysia last week, and starvation by her employers is the likely cause, Malaysian police said yesterday. Speaking to the Post by phone, Penang state police chief deputy commissioner Datuk Wira Ayub Yaakob said 24-year-old domestic worker Mey Sichan’s employer had called ...

http://www.phnompenhpost.com/index.php/2012040555447/National-news/maid-starved-to-death-in-malaysia-police-say.html

Mass factory fainting

107 workers at the Sabrina Garment factory in Kampong Speu’s Sambo commune were sent to hospital after becoming dizzy and fainting late yesterday morning. Choek Borin, the Labour Department’s Kampong Speu bureau chief, said that 107 factory workers fainted ...

http://www.phnompenhpost.com/index.php/2012040555443/National-news/mass-factory-fainting.html

Clash with sugar firm puts villagers in court

Kampong Speu provincial court issued summonses yesterday to five villagers from Thpong district’s Omlaing commune, who are involved in a long-standing land dispute with Cambodia People’s Party senator Ly Yong Phat’s Phnom Penh Sugar company. ...

http://www.phnompenhpost.com/index.php/2012040555444/National-news/clash-with-sugar-firm-puts-villagers-in-court.html

Pursat Pheapimex protest

About 300 people from six villages in Pursat province’s Kbal Trach commune protested yesterday outside Pheapimex Group’s Krakor district office, the latest confrontation in a land dispute that stretches back 13 years. Villager representative Duok Sary said they had come to demand that the company ...

May Tittihara
http://www.phnompenhpost.com/national/pursat-pheapimex-protest

SEA firms to ship $2b of rubber to China

Cambodia’s Prominence Investment Enterprise and Thailand’s Panpee Group have signed an agreement to supply China’s Yunnan Rubber Co Ltd with 500,000 tonnes, or US$2 billion worth, of rubber per year, Sam Kay, general manager of the local partner, said yesterday. ...

http://www.phnompenhpost.com/index.php/2012040455411/Business/sea-firms-to-ship-2b-of-rubber-to-china.html

Maybank plans Cambodia subsidiary

Malayan Banking Bhd (Maybank), one of Malaysia’s largest banks, plans to transition its Cambodian branch into a subsidiary in a bid for larger market share in the Kingdom’s crowded Cambodian banking sector. The bank, which opened as a branch in 1993, received a local incorporation licence ...

http://www.phnompenhpost.com/index.php/2012040455412/Business/maybank-plans-cambodia-subsidiary.html

Stocks’ excellent first quarter

Preservation of capital is fast losing ground to increased risk-taking as global equity markets close the quarter with a stellar performance. Investors are concerned that they will miss the accelerating upside move. Out of the 78 major financial markets around the world, the score is 66 positive ...

http://www.phnompenhpost.com/index.php/2012040455410/Business/stocks-excellent-first-quarter.html

ASEAN hits troubled waters

Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...

http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html

Gaming firm to expand Poipet operations

American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...

http://www.phnompenhpost.com/index.php/2012040455409/Business/gaming-firm-to-expand-poipet-operations.html

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