News

Beer makers binge on ads

Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...

http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html

Obama, Clinton visits set

In a sign of “improving” relations between Cambodia and the United States, the Kingdom will host US President Barack Obama and Secretary of State Hillary Clinton this year, officials confirmed yesterday. The visit would be the first by a sitting US president. Joseph Yun, the US ...

http://www.phnompenhpost.com/index.php/2012011753979/National-news/obama-clinton-visits-set.html

Thailand's second-largest rice exporter invests $47m in mills

Asia Golden Rice (AGR), Thailand’s second-largest rice exporter, will invest $47 million to build milling plants in Cambodia capable of processing up to 1 million tons of rice per year, according to a company representative and reports from the Thai news media yesterday. “This will be ...

China's Xinwei becomes country's 10th mobile operator

The government has granted China’s Xinwei Telecom a license to become the country’s tenth mobile phone operator and the second firm to roll out so-called 4G technology, the fastest and most advanced network currently available on the market. Those in the telecommunications industry said that the ...

Locals protest Pheapimex land clearance; deny role in murder

About 200 villagers, who have been embroiled in a long-running land dispute with the well-connected agro-business Pheapimex over a 316,000-hectare economic land concession in Pursat province, staged a protest yesterday against the company’s continued efforts to clear their farmland. The protests came just three days after ...

Workers 'win' after Kandal factory strike

Nearly 2,000 workers at a Kandal province garment factory had returned to work on Saturday and 6,000 more planned to return today after nearly three weeks of strikes, company and union representatives said yesterday. Yung Wah Factory administrative director Ing Minchuan confirmed yesterday that the roughly ...

Deadline extended for comment on new urban planning rules

The Ministry of Land Management is giving a brief reprieve to non-government groups and donor partners who missed yesterday’s deadline to comment on a draft sub-decree aiming to guide and regulate the country’s urban development. After making the Sub-Decree on Urban Planning and Town Areas public ...

Digging of deep quarry halted after protesters block road

Authorities in Phnom Penh’s Dangkao district have ordered a land excavation company to stop digging an enormous quarry in Prek Kampoes commune that villagers claim has damaged surrounding rice paddies. Last Wednesday, about 100 villagers blocked National Road 2, burning car tires in protest against the ...

Hun Sen overturns recent large-scale fish export ban

Less than two weeks after the Tonle Sap Authority reportedly installed a ban on large-scale fish exports, Prime Minister Hun Sen declined to endorse the order and re-opened exports, officials said yesterday. Chan Youttha, secretary-general of the Tonle Sap Authority, said it had prepared a report ...

MFI survey claims debtor success

A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...

http://www.phnompenhpost.com

Minister directs mock trading; launch unclear

Finance Minister Keat Chhon joined officials of the Cambodia Securities Exchange (CSX) yesterday to conduct another day of mock trading of stocks ahead of the still-unknown launch of actual operations at the bourse, which opened in July but has yet to see a single stock ...

Measures outlined to save the endangered Mekong dolphin

Officials and environmentalists yesterday agreed to draw up new measures to save the endangered Mekong dolphin and find more information on why the species is disappearing. At the end of a three-day workshop in Kratie province, officials and representatives from the World Wildlife Fund signed a ...

As chair of Asean, Cambodia promotes Korean peace talks

In its capacity as Asean chair, Cambodia has said it wants to help lessen tensions on the Korean peninsula by trying to revive the six-party talks on North Korean denuclearization and by inviting North Korea to join the Asean Ministerial Meeting in Phnom Penh in ...

Law drafted to enforce environmental reports

The Ministry of Environment has drafted a law that will hand out fines and prison terms for companies that fail to complete and submit Environmental Impact Assessments (EIAs) on the development projects they undertake. According to a copy of the EIA draft law, fines of 100 ...

No sign World Bank will renew funds

Just over a year since the World Bank froze its funds to the government, the bank yesterday reiterated that a decision on whether or not it would start providing loans again remains nowhere in sight. In August, the World Bank announced that it would not provide ...

Amnesty calls for release of detained protesters

Amnesty International yesterday called on authorities to immediately release the 30 women and children from the Borei Keila community being detained against their will at Phnom Penh’s Prey Speu Social Affairs Center. “Those people never should have been arrested in the first place,” said Amnesty’s Deputy ...

Tax revenues from casinos climb 25 per cent in 2011

The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime ...

http://www.phnompenhpost.com/index.php/2011122853644/Business/tax-revenues-from-casinos-climb-25-per-cent-in-2011.html

Croc skins new focus for farmers

Crocodile farmers in Siem Reap are turning away from the export of hatchlings to Vietnam, choosing instead sell the reptiles for their skins. Luon Nam, president of the province’s Crocodile Feeding Association, said yesterday the reliance on Vietnam was an unsustainable strategy for the industry. Any change ...

http://www.phnompenhpost.com/index.php/2011122853645/Business/croc-skins-new-focus-for-farmers.html

Kingdom takes steps to attract milled-rice buyers

A nationwide survey was under way by the Ministry of Commerce’s Rice Exporter Union to measure Cambodia’s milled-rice industry in order to give international buyers an accurate picture of the Kingdom’s current capacity, insiders said yesterday. Although data for the survey was still being collected, those ...

http://www.phnompenhpost.com/index.php/2011122853646/Business/kingdom-takes-steps-to-attract-milled-rice-buyers.html

Eviction clock ticks for families in Preah Vihear

More than 130 families in Preah Vihear province who continue to defy eviction orders will not receive any compensation if they do not leave their homes by Friday, the Choam Ksan district governor has warned. Choam Ksan district governor Sok Hai yesterday said police and military ...

http://www.phnompenhpost.com/index.php/2011122853651/National-news/eviction-clock-ticks-for-families-in-preah-vihear.html

Demand for office space making a comeback

  After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...

Gov't group issues rare statement on illegal logging

Spurred on by a rash of recent news about illegal logging activities around the country, and concerns about its public image, a government-led group on forestry issued a rare public statement yesterday urging its partners to help crack down on the illicit trade. In a statement ...

Sok An, Thai minister to discuss disputed waters

Deputy Prime Minister Sok An will meet Thai Energy Minister Pichai Naripthaphan on Thursday to discuss the possibility of extracting oil from disputed maritime areas in the Gulf of Thailand, Council of Ministers spokesman Phay Siphan said yesterday. Mr Siphan said that Mr Sok An, who ...

Gov't, NGOs, firms finalize migrant contract

After a year of mounting concern over the treatment of migrant workers both within and outside Cambodia, the Ministry of Labor, NGOs and recruitment agencies yesterday reached an agreement on standardized contracts aimed at minimizing the possibility for exploitation. The groups agreed on a contract between ...

Abby Seiff and Cheng Sokhorng, p.25

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