News
Police Search for Counterfeit Riel Notes in Prey Veng
Police in Prey Veng’s Peamro district are searching for a rice trader who paid a traditional healer with counterfeit money, and suspect that more of the fake bills could enter circulation. Neak Loeung commune police chief Chhin Sophal said the unnamed woman had paid 45,000 ...
Illegal Fishing, Molotov Cocktails, A Daring Escape
The State Department on Tuesday cited abuses in Thailand’s huge fishing industry as part of an annual worldwide report on Trafficking in Persons. The report noted that men from Cambodia and Myanmar, also known as Burma, are trafficked aboard Thai ships and forced to work ...
http://www.npr.org/2012/06/20/155048186/illegal-fishing-molotov-cocktails-a-daring-escape
Bo Xilai associate arrested in Phnom Penh
Cambodian authorities yesterday arrested French architect Patrick Devillers – friend and business associate of disgraced Chinese politician Bo Xilai – and may be moving to extradite him to China to face unspecified charges there, police said. Phnom Penh Police Commissioner Touch Naroth confirmed the arrest to ...
In Phnom Penh, the Vespa Comes Back 'Officially'
“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...
Microsoft's Super Wi-Fi could change game
A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...
Hundreds Order Video of Hun Sen's Land Speech
Hundreds of people have ordered video compact discs (VCDs) of Thursday’s speech on land rights given by Prime Minister Hun Sen after an official at CTN offered on-air yesterday to send a copy to anyone who requested it Orders of the speech have been pouring in ...
Demonstrators Take On Local Power Suppliers
Hundreds of Kompong Cham villagers protested yesterday and Sunday against high electricity prices in another example of energy-price demonstrations that are becoming increasingly frequent across the country. In Kompong Cham province’s Batheay district, more than 500 villagers yesterday continued a protest over electricity prices that began ...
China to back Kampot power plant
An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday. The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil refinery in Preah Sihanouk province ...
http://www.phnompenhpost.com/index.php/2012061956867/Business/china-to-back-kampot-plant.html
Women slow to climb Cambodia's market
Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...
http://www.phnompenhpost.com/index.php/2012061956865/Business/women-not-on-top-in-market.html
Land Claim by Commune Chief's Nephew is Disputed
More than 100 villagers from Svay Rieng province’s Romeas Hek district protested yesterday on land they say was stolen from them in 2007 and recently cleared by a former community representative, whose uncle is a local commune chief Villagers said lang Hai, who acted as ...
Chinese Iron Ore Firm Paid for New CPP District Office
A Chinese mining firm has donated about $200,000 toward the building of a new district headquarters for the ruling CPP in Preah Vihear province, officials said yesterday. Kong Makara, director of the provincial industry, mines and energy office, said that Chinese company Cambodian Iron Holding and ...
Confined To A Thai Fishing Boat, For Three Years
Cambodian Vannak Prum’s destiny changed in a dirt-road town called Malai. It’s a Cambodian outpost on the border with Thailand that is known for its involvement in the trafficking of human beings. Prum arrived in Malai seven years ago searching for work. His wife was pregnant, ...
http://www.npr.org/2012/06/19/155045295/confined-to-a-thai-fishing-boat-for-three-years
Prey Long Meeting Gets Grudging Go-Ahead
Commune and village officials in Kratie province yesterday threatened to shut down a community meeting on the protection of Prey Long forest because the organizers had failed to get permission and allegedly invited only opposition party activists. The authorities eventually allowed the meeting to proceed, after ...
Cambodia, China Ink Seven Agreements
Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...
Trend of using phone and internet
In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. And internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...
Downward Drift - The Week at the CSX
This week the price of Phnom Penh Water Supply Authority Stock dropped continually from KHR 7,000 (US$1.72) on June 7 until it stopped and stayed at KHR 6,8oo (US$1.67) from June 11 to June 13. On June 13, the stock’s price at the market’s opening and ...
Released Protester Urges for Release of the Boeng Kak 13
Sao Saroeun, a Phnom Penh resident arrested last month for demonstrating against CPP Senator Lao Meng Khin’s Boeng Kak real estate project and released on bail last week, urged the courts to release 13 women still being detained at Prey Sar prison yesterday. The 13 women were ...
Rice Farmers Struggle Despite Production Growth
High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...
Villagers Protest High Electricity Charges
About 200 people from Siem Reap’s Angkor Chum district protested outside the district governor’s office on Friday, calling for private electricity company Duong Narin to lower its prices and asking the state electricity authority to connect to their area, protesters said yesterday. The residents of ...
Boeung Kak duo's release sparks hope
One of the two Boeung Kak lake residents released on bail from Prey Sar prison on Friday is prepared to be a witness in the appeal trial of the 13 women convicted and sent to jail last month – but only if he is invited ...
Cambodia to cede two villages to Vietnam
Cambodia would have to give two villages to Vietnam if it wanted to retain another two deemed the territory of the Kingdom’s eastern neighbour by the former French Indochina colonial administration, a government minister said yesterday. Last year, the Cambodian government announced it was speeding up ...
Cambodia Plans To Be Gem And Jewelry Market Supply In Southeast Asia
Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...
CIMB aiming to be top 10 in Cambodia
CIMB Bank plc, which aims to be among the top 10 banks in Cambodia over the next five years, is targeting more than US$100mil (RM317mil ) in deposits and US$90mil (RM285mil) in total loan size by year-end. Its deputy general manager and head of commercial banking ...
http://thestar.com.my/news/story.asp?file=/2012/6/18/business/11474729&sec=
Sweet deal
Stevia Nutra Corporation, a Canadian agro-business company, has announced its decision to grow stevia in Cambodia’s Kampong Speu province. The company will grow the plant, whose leaves are used as a sweetener or sugar substitute, on just over 20 hectares of land close to Phnom Penh. Stevia Nutra has incorporated Mighty MekongAgro Industries Co. Ltd, ...