News

Malaysia frees 105 foreign maids 'held against will'

Malaysian authorities have freed 105 mostly Indonesian maids who were forced to work without pay by day and held against their will at night, local media reported on Monday. The women were freed Saturday in a raid on a building near the capital Kuala Lumpur where ...

http://www.google.com/hostednews/afp/article/ALeqM5igjHnvQyGUIdIgzEXhUZtP2oNyyQ?docId=CNG.cc66d94e22988b53c786d79196923ae9.571

Cambodian, Vietnamese militaries ink deals for quarry, rubber development projects

Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...

http://news.xinhuanet.com/english/world/2012-11/30/c_132011035.htm

CTH mulls EPL sub-licensing

Cable Thai Holdings (CTH) says it is in talks with leading cable-TV operators and private broadcasters in Cambodia and Laos to grant sub-licence rights to broadcast the English Premier League for three seasons beginning in 2013-14. CTH is a group of more than 300 cable-TV operators ...

http://www.nationmultimedia.com/business/CTH-mulls-EPL-sub-licensing-30195300.html

Cambodia's inflation lower than 3 pct this year: PM

Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...

http://news.xinhuanet.com/english/business/2012-11/30/c_132010698.htm

Airports of Thailand eyes Cambodia, Laos

Airports of Thailand (AOT) regards possible co-operation with Myanmar’s Airport Authority as a first step for engaging in airport operations and investment in Laos and Cambodia, the Bangkok Post reported AOT’s acting president, Somchai Sawas-deepon, as saying. ...

http://www.phnompenhpost.com/index.php/2012113060017/Business/airports-of-thailand-eyes-cambodia-laos.html

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

Aeon eyes major Asean expansion

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion

Three satellite city projects underway

Three projects of the six satellite cities around Phnom Penh that were originally approved by the government have been “significantly” developed, according to officials of the Ministry of Land Management, Urban Planning and Construction. Lao Tepseiha, deputy director of the construction department of the Ministry ...

http://www.phnompenhpost.com/index.php/Real-Estate/three-satellite-city-projects-underway.html

Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam

Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...

http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/

Cambodia greets 2.86 mln foreign visitors in 10 months

Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...

http://news.xinhuanet.com/english/travel/2012-11/28/c_132004445.htm

No talks at shoe factory worker strike

A union representative in the Kandal province of Cambodia, said there had been no negotiations with management since workers struck Nov. 15 for better pay. The Phnom Penh Post reported Tuesday that the union estimates 1,000 workers are on strike, but management at the Global ...

http://www.upi.com/Business_News/2012/11/27/No-talks-at-shoe-factory-worker-strike/UPI-88681354049039/

Rare hardwood sparks gunfights, corruption in Asia

KOH KONG, CAMBODIA — A Thai force dubbed the “Rambo Army” couldn’t stop the gangs, armed with battlefield weaponry, as they scoured the forests. Neither could a brave activist, gunned down when he came to investigate. Nor, apparently, can governments across Southeast Asia. The root of the ...

http://www.bradenton.com/2012/11/24/4291081/rare-hardwood-sparks-gunfights.html

Beeline Sees Decline in Subscribers

The number of customers subscribing to the mobile operator Beeline has dropped by more than 100,000 in the last quarter, and its average revenue per user has sunk to its lowest in more than a year, the company announced in its third-quarter financial report. ...

http://www.cambodiadaily.com

Cambodia inaugurates China-funded road in eastern part

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

http://Editor: Tang Danlu

Officials ignore call for special small and medium enterprises bank

Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...

http://www.phnompenhpost.com/index.php/2012112059836/Business/officials-ignore-call-for-special-sme-bank.html

Movement on migrant Memorandum of Understanding

A migrant worker Memorandum of Understanding (MoU) is back in the spotlight after Malaysia yesterday agreed to send a delegation of senior government officials to meet with their Cambodian counterparts tomorrow and Thursday. MoU talks are of mounting importance in the face of escalating evidence of ...

http://www.phnompenhpost.com/index.php/2012112059823/National-news/movement-on-migrant-mou.html

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