News

Hun Sen says CPP will never tax farmland

Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and  schools, we still ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTMzNzliODJmMGQ0OWIxOWEzZTU0MGJjYmQ3Nzg0

Thai-Cambodian Meeting Addressed Illegal Migrants

Foreign Minister Hor Namhong returned to Phnom Penh on Friday after attending a two-day meeting of the Cambodian-Thai Joint Committee in Bangkok, during which he discussed the issue of illegal migrant workers with his Thai counterpart, Surapong Tovichakchaikul. According to a joint statement issued by the ...

http://www.cambodiadaily.com

Land protestors curse court

Residents of property development site Boeung Kok gathered Monday in front of Phnom Penh Municipal Court to put a curse on court officials. Representative Heng Mom asked the court to review the case of Youm Bopha, sentenced to three years in prison for attempted violence on ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODg5NTY0YzUyMDdmMDY4N2JkNzgwZDUxZTM0OTZl

Garment Workers Protest for Higher Wages at Freedom Park

More than 200 garment workers gathered at Phnom Penh’s Freedom Park yesterday to protest for higher wages before marching to Wat Botum Park and the National Assembly. The workers from three factories – Cambo Handsome, Best One and Yang Fong – are requesting $150 as their ...

http://www.cambodiadaily.com

1,000 More Logs Discovered Inside Ratanakkiri Land Concession

Forestry Administration officials and police yesterday discovered a stockpile of more than 1,000 logs that ethnic Jarai villagers in Ratanakkiri province’s O’Yadaw district claim have been illegally cut by the Vietnamese owners of a rubber concession, a district official said. The 4,000-hectare concession was granted to ...

http://www.cambodiadaily.com

Cambodia-Vietnam trade, investment see marked rises in 2012

Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...

http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm

Regional Workers Need More Protection, Advocate Says

With Thailand threatening to oust undocumented workers, Asean must do more as a region to protect its migrant workers, a leading rights advocate says. More and more workers are crossing the borders between Asean countries, and the region looking to lower trade barriers, so workers need ...

http://www.voacambodia.com/content/regional-workers-need-more-protection-advocate-says/1574026.html

Garment strikers march on despite ban

About 300 workers continued protesting at the Master and Frank garment factory yesterday, rejecting a Kandal Provincial Court injunction ordering them back to work within 48 hours. After the company promised to consider workers’ demands that it reinstate fired union members, workers cancelled their plans to ...

http://www.phnompenhpost.com/2012122860510/National/garment-strikers-march-on-despite-ban.html

Cambodia defies global crisis

Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...

http://www.phnompenhpost.com

Protest against former Bavet governor set for January 27

Free Trade Union of Workers President Chea Mony has announced plans to protest the dropping of charges against former Bavet governor Chhouk Bandith. The former governor was accused of seriously injuring three women when he opened fire on striking workers in Bavet in February. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NmRiMzA0MjZiY2YwNjYxNGNiOGI2ZGQwZWE2MGE2

Bank Accounts Rare in Cambodia, Even for Rich

Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. According to the paper – released earlier this month ...

http://www.cambodiadaily.com/business/bank-accounts-rare-in-cambodia-even-for-rich-6957/

Cambodia opens first largest sugar cane factory with $150 million investment from local company

Cambodia today opened first largest sugar factory in Kampong Speu province, western part of city of Phnom Penh with $ 150 million investment  from a local company which employs 2 554 workers. Ly Yong Phat, owner of Sugar factory ( Phnom Penh sugar company) said:  his ...

http://thesoutheastasiaweekly.com/?p=5249

Vietnam listed in top five investors in Cambodia

The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...

http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4

Workers continue strike at bankrupt US company

A strike by 2,000 workers at a bankrupt US-owned company entered its third day Thursday, sources said. The sources said the workers at Svay Rieng (Cambodia) Garment Co Ltd, a manufacturer of hospital gowns, had a list of five demands. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2U5NDkyMzBlNjZjZDE1Y2FiNDJhMDAwOGZhMDRm

In Koh Kong land fight, volunteers requested

More than 30 representatives of families who claim a dispute piece of land in Koh Kong province went to provincial hall for the second time yesterday and submitted an official request to allow Prime Minister Hun Sen’s youth volunteer corps to measure the area. ...

http://www.phnompenhpost.com/2012122760493/National/in-koh-kong-land-fight-volunteers-requested.html

MFI launches 15 ATMs in Cambodia

Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...

http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html

Court Releases Anti-Eviction Activist, but Charge Stands

The Phnom Penh Municipal Court yesterday convicted 64-year-old Borei Keila resident Tim Sakmony for making a false declaration, but released the anti-eviction activist owing to time already served in prison. Ms. Sakmony’s day in court came, without explanation, at precisely the same time as the trial ...

http://www.cambodiadaily.com

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