News

CPP Senator’s Sugar Plantation Land Dispute Case Goes to Trial

Describing a 5,000-hectare land dispute between Koh Kong villagers and a sugar company owned by CPP Senator Ly Yong Pgat as “a complicated case,” Koh Kong Provincial Court has decided to try it before a three-judge panel, a lawyer for the villagers said yesterday. The ...

Cambodian Rubber Exports Increase 84%

Rubber exports from Cambodia increased 84 percent in the first six months of 2011 compared to the same period last year, according to figures released by Camcontrol, the government’s import-export inspection agent. Cambodia exported 21,511 tons of rubber, worth $102 million, during the first half ...

Crocodile Farmers Plagued by Volatile Market

Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of ...

Kratie land dispute meet

Local authorities told residents of Kratie province’s Snuol district that they would not allow a private company to plant crops on their land during a meeting yesterday. Poeng Vin, chief of Pi Thnou commune, said that local authorities would measure land belonging to hundreds of ...

http://www.phnompenhpost.com/index.php/2011072850687/National-news/kratie-land-dispute-meet.html

Inside look at ‘fainting’ factory

After a three-day standstill at a Puma supplier, shoemakers returned this morning to the factory floors in Phnom Penh where 49 workers reportedly fell ill Monday morning. Huey Chuen factory Assistant General Manager Zhang Hanchang – who led reporters from The Post through the empty factory ...

http://www.phnompenhpost.com/index.php/2011072850686/National-news/inside-look-at-fainting-factory.html

Fears over island fish stocks

Villagers on Koh Kyong island in Preah Sihanouk province are preparing a complaint over more than 300 allegedly unlicensed fishermen who they say are illegally operating in local waters. Loung Bunny, chief of the Association for Natural Protection in Ochroy commune, said yesterday  that fishermen from ...

http://www.phnompenhpost.com/index.php/2011072850679/National-news/over-fishing-fears-over-island-fish-stocks.html

Armed police crack down on protest

Three women were slightly injured while participating in a strike of about 500 workers outside the Zongtex Garment Factory in Phnom Penh’s Dangkor district yesterday, a union representative said yesterday. Suos Sokha, head of the Rights and Profit Workers Federation of Trade Unions, said yesterday the ...

(By Tep Nimol, pg. 6)
http://www.phnompenhpost.com/index.php/2011072850683/National-news/armed-police-crack-down-on-protest.html

North Koreans talk rice

North Korea aims to import rice from Cambodia, as well as explore for mineral resources, officials said yesterday. High-ranking officials from Pyongyang met with their Cambodian counterparts in Phnom Penh yesterday, signing agreements on economic and trade cooperation.The two countries had signed seven cooperation agreements beginning ...

(By Vong Sohkeng, pg. 7)
http://www.phnompenhpost.com/index.php/2011072850685/Business/north-koreans-talk-rice.html

Construction material imports on the increase

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

http://www.phnompenhpost.com/index.php/2011072850681/Business/construction-material-imports-on-the-increase.html

Investment accounts open

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html

Cambodia’s construction approvals soar

Construction approvals granted by government authorities have increased 93 percent in the first six months of the year, compared to the same period last year, figures show. Some 1,079 potential projects worth US$637.7 million were given the go-ahead in the January to June period, compared with ...

http://www.phnompenhpost.com/index.php/2011072850677/Special-Supplement/cambodias-construction-approvals-soar.html

Police Seize Equipment at Sisowath Quay Site

Vattanac Properties’ construction equipment has been seized by the police after the firm ignored an order to cease work as it has damaged adjacent historic buildings while digging. The work began in mid-April and Vattanac was in the process of removing soil in order to ...

Vietnamese Company Breaks Ground on Plant

A Vietnam Electrical Equipment Corporation subsidiary has broken ground on a new factory to be built in the Phnom Penh Special Economic Zone (PPSEZ). THIBIDI is building a $1.5 million factory in order to manufacture transformers and will employ approximately 150 people. The plant is ...

Cracks Put Future of Historic Buildings in Doubt

Running down the middle of Mak Sitha’s newly renovated fashion boutique in Phnom Penh is a crack that is splitting her floor tiles in two. Yesterday, part of the floor at Lady Penh Designs began to cave into the ground. Like several other business and ...

Cigarette Promoters to Lose Jobs After Tobacco Ad Ban

Cigarette promoters will have to stop work when a tobacco advertisement ban takes effect in late August, a health official said yesterday. A February sub-decree, which also bans advertising tobacco in the media and on billboards, states that the “promotion of tobacco products to customers ...

Riverside Buildings Damaged Amid Construction

Construction on Sisowath Quay by Vattanac Company has damaged an entire block of buildings after soil was removed from the site in order to shore up the sides with concrete. 11 families have been asked to move temporarily while the situation is remedied. The Foreign ...

Mekong Dam Construction Halted, Laos Says

Construction  of the 1,260 megawatt Xayaburi dam on the Mekong river has been suspended after a meeting between the USA, Cambodia, Thailand, Vietnam and Laos. A report from the Mekong River Commission (MRC) has been leaked showing that construction was begun on the dam without ...

Cables From Bangkok, Phnom Penh Show Varying Analyses

According to diplomatic cables released by WikiLeaks US officials in Bangkok believed that Prime Minister Hun Sen’s decision to name former Thai premier Thaksin Shinawatra as an economic adviser in 2009 backfired after it increased support of the opposition. The Premier at the time of ...

Puma’s new dizzy spell

Puma, the sportswear company, has said that it is taking the outbreak of fainting spells at its suppliers “very seriously.” The company is taking measures after a report by the Fair Labour Association found that breaches in labour laws had contributed to some 300 workers ...

http://www.phnompenhpost.com/index.php/2011072650626/National-news/pumas-new-dizzy-spell.html

Owners seek compensation

Residents and business owners are seeking compensation from Vattanac after its construction project alongside Phnom Penh’s riverside Sisowath Quay damaged buildings. Pop Café, Edelweiss, the Foreign Correspondents Club (FCC), and others are having insurance claims adjusters in to inspect the buildings in order to determine ...

http://www.phnompenhpost.com/index.php/2011072650623/National-news/owners-seek-compensation.html

Angkor protestors slighted

Angkor Beer drivers forced their way through a blockade formed by beer promoters protesting the company’s failure to respect them and follow an Arbitration Council ruling that they should be paid $2 more on the weekends. 200 protestors had planned to attend but only 30 ...

http://www.phnompenhpost.com/index.php/2011072650621/National-news/angkor-protesters-slighted.html

Rubber plantation protest in fourth day

In Svay Rieng province villagers are in their fourth day of protests after authorities refused to meet with them to discuss a land concession that Metapheap Company has received in order to open a rubber plantation. The company was granted a 1,230 hectare land concession ...

http://www.phnompenhpost.com/index.php/2011072650617/National-news/rubber-plantation-protest-in-fourth-day.html

Property sector recovery highlighted

Cambodia’s property sector is said to be recovering from the global financial crisis according to experts. There has been a 10 percent increase in the number of transactions since 2009 with foreign investment a key aspect of the growth. The formation of anti-corruption laws has ...

http://www.phnompenhpost.com/index.php/2011072650637/Business/property-sector-recovery-highlighted.html

Work on Canadia rice mills begins

Canadia Bank Plc has begun construction on a rice processing facility worth $8 million as Prime Minister Hun Sen aims to export 1 million tonnes of milled by rice a year by 2015. The new mill is being built in Takeo province and the rice ...

http://www.phnompenhpost.com/index.php/2011072650635/Business/work-on-canadia-rice-mills-begins.html

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