News
Cambodian, Chinese firms unveil 1st oil refinery project in Cambodia
Cambodian Petrochemical Company and Sinomach China Perfect Machinery Industry Corp jointly announced on Friday to build the first oil refinery in Cambodia and the construction is expected to be completed at the end of 2015. Zhang Sugang, president of Sinomach China Perfect Machinery Industry Corp, said ...
http://news.xinhuanet.com/english/china/2012-12/28/c_132069193.htm
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
Train service relaunched between Phnom Penh and Sihanoukville
The government was to resume rail services between Phnom Penh and Sihanoukville Friday in collaboration with Toll Royal Co, Richz Electronic Services and the Asian Development Bank, sources said. ...
Cambodia's first commercial train begins operation
Cambodia’s modern railway system on Friday commenced commercial rail operations on the 256- kilometer”Southern Line” between the capital city of Phnom Penh and Sihanoukville Port. The launching was made after years of renovation with the financial support from the Asian Development Bank and development partners. “ADB ...
http://news.xinhuanet.com/english/world/2012-12/28/c_132069644.htm
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 ...
Hun Sen Encourages Cambodians to Emulate Chinese-Style Wealth
Prime Minister Hun Sen yesterday encouraged Cambodians to strive for Chinese-style millionaire status as he inaugurated a sugar refinery located inside two controversial plantations belonging to CPP Senator Ly Yong Phat and his wife in Kompong Speu province. “I have one clear policy in strengthening the ...
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. ...
Illegal Luxury Wood Seized From National Police Truck
Forestry officials in Siem Reap province seized 14 cubic meters if illegally logged luxury wood being transported by a truck bearing National Police license plates, Forestry Administration officials said yesterday. ...
Cambodian sugar plant leaves villagers bitter
Though the mood was congratulatory yesterday at the inauguration of ruling party Senator Ly Yong Phat’s sugar company – a gleaming, new facility nestled in between two hills in Kampong Speu province’s Omlaing commune – the mood just a few kilometres away bordered on desperation. Sitting ...
Hun Sen Asks Companies to Invest in Private Fire Trucks, Again
Prime Minister Hun Sen yesterday appealed to the private sector for the second time to invest in fire trucks instead of depending on the government’s fire departments. “Please try to do two jobs. The first is to get the fire sprinkler systems into the factory ...
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 ...
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. ...
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 ...
Residents ask PM to intervene in dispute
Villagers travelled from Poipet to Phnom Penh yesterday to seek the prime minister’s help in ending a land dispute with military police officials. About 30 villagers travelling on behalf of families from Banteay Meanchey province’s Poipet town gathered in front of Prime Minister Hun Sen’s home ...
http://www.phnompenhpost.com/2012122760494/National/residents-ask-pm-to-intervene-in-dispute.html
Vietnam to invest in hotels in Cambodia
Vietnamese investors are planning to invest more in accommodation services and to build hotels in at least three provinces that Vietnamese visitors traveling to the world-knowned Angkor Wat will travel past. ...
http://www.phnompenhpost.com/2012122760497/Business/vietnam-to-invest-in-hotels-in-cambodia.html
Workers 'beaten unconscious'
Four garment workers, three of them female, were injured yesterday morning when company and police officials clashed with protesters, union representatives said yesterday. During the demonstrations for the reinstatement of fired workers and back pay, authorities beat two workers unconscious at a protest in front of ...
http://www.phnompenhpost.com/2012122760502/National/garment-workers-beaten-unconscious.html
Thai-Cambodian single visa to commence Thursday
Starting Thursday, tourists from 35 countries could enter Thailand and Cambodia with single visa as foreign ministers of the two countries agreed on Wednesday. Under the Acmecs single visa, tourists from Australia up to United States could apply entry visa at Thai or Cambodian embassies or ...
Thai, Cambodian FMs meet in Bangkok on economic cooperation
Thailand and Cambodia will step up road construction, and open more checkpoints along their common borders, Thai News Agency reported on Wednesday. The resolution was made during the 8th Thai-Cambodian Joint Commission, held in Bangkok on Tuesday and Wednesday. ...
http://news.xinhuanet.com/english/world/2012-12/26/c_132064949.htm