News
Union makes poisoning claim
More than 70 employees continued to protest in front of a luxury resort in Siem Reap town yesterday, demanding that 18 workers be reinstated after they were allegedly dismissed for attempting to unionise. Chhey Phi, head of the Angkor Village Resort Workers Union, claimed yesterday ...
http://www.phnompenhpost.com/index.php/2011080550873/National-news/union-makes-poisoning-claim.html
More than 1,800 families seek help
About 60 people representing 1,850 families from seven villages in Battambang province’s Sampov Loun district yesterday petitioned Interior Minister Sar Kheng and Prime Minister Hun Sen for intervention in a land dispute. Villagers claim that district authorities leased 4,095 hectares of their land in Chrey ...
Boss blames panic on alarm
About 2,000 workers fled a garment factory on the outskirts of Phnom Penh and an estimated 30 workers fainted yesterday after sparks started flying from a generator and a fire alarm went off at 10:00am. Chea Mony, president of the Free Trade Union, said the episode ...
http://www.phnompenhpost.com/index.php/2011080550882/National-news/boss-blames-panic-on-alarm.html
Damning revelations
An environmental group has accused the Lao government of “unilaterally” pushing forward with construction on the controversial US$3.8 billion Xayaburi dam on the Mekong River, despite serious concerns about the project and an incomplete regional decision-making process. In a statement released yesterday, conservation group International ...
http://www.phnompenhpost.com/index.php/2011080550883/National-news/damning-revelations.html
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Newly Paved Road Expected to Up M’kiri Trade
With the paving of the road from Sen Monorom City to a planned international border crossing with Vietnam recently completed, cross-border trade in the area is expected to rise, officials said. Chinese-owned company Roch China Construction finished paving the 32-km road last month using a ...
Economic Plan for Mekong Region Gets Finalized
Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...
B’bang Protesters Seek Help in Land Dispute
About 60 villagers from Battambang province’s Sampov Loun district gathered in Phnom Penh’s Wat Botum Park yesterday to prtotested against a 4,065-hectare land concession granted to a company for agriculture development. Korng Sokheng, a representative for 1,850 families, said villagers submitted a petition to Prime ...
Fixed-Duration Contracts Threaten Garment Industry
Cambodia’s garment sector is in danger of losing its reputation for adherence to international labor standards because of the widespread use of “abusive temporary labor contracts,” according to a report released by Yale Law School on Wednesday. “Cambodian garment manufacturers have adopted the practice of ...
Plans Name Developer of Sisowath Quay Site
Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...
Chevron talks oil production
Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about ...
http://www.phnompenhpost.com/index.php/2011080450868/Business/chevron-talks-oil-production.html
Interest up at Angkor Wat
Increased interest by Asian tourists has led to about 33 percent growth for Angkor Wat ticket sales so far this year, according to the Apsara Authority. Revenues during the first six months hit US$20 million, compared with about $15 million in the period last year, ...
http://www.phnompenhpost.com/index.php/2011080450870/Business/interest-up-at-angkor-wat.html
Current accounts in control
Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...
http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html
Two dollar strike to continue
Angkor Beer promoters yesterday rejected an offer from the municipality that would have required them to suspend their strike while officials negotiated a solution for them, telling Phnom Penh’s deputy governor that their protest is legal and that their employer is breaking the law. More ...
Complaint over violence
Twenty-nine community representatives from Kampong Speu’s Phnom Sruoch district travelled in person to the National Assembly building in Phnom Penh yesterday to file a complaint against provincial governor Kang Heang and other officials, accusing them of “robbing a total of 950 hectares of farm land”. ...
http://www.phnompenhpost.com/index.php/2011080450865/National-news/complaint-over-violence.html
Two Khmer Papers Told to Halt Publishing
The Ministry of Information on Tuesday ordered two Khmer-language newspapers owned by the same publisher to halt publication for failing to follow ministry rules. In a notice signed by Minister of Information Khieu Kanharith, Phnom Penh-based The Water and Fire News and The World newspapers ...
Mass Evictions Loom for Wildlife Sanctuary
Ms Sam On, 37, has already lost her house. It was one of three homes razed in April by Kratie provincial military police, environment officials and workers of the Sovannvuthy rubber company, after a tense stand-off with about 100 villagers that villagers said ended with ...
B Kak Firm Seeks Bauxite in Mondolkiri
Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...
Petrol prices squeeze domestic consumers
Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about 12 percent ...
More competition from Thai millers
Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...
FPT talks operating telecoms in Cambodia
Vietnamese company FPT Telecom aims to extend operations to the Kingdom, after its attempted acquisition of Vietnam’s EVN Telecom fell through. FPT Telecom “has plans to expand business in Cambodia, but all is in discussion”, a spokesperson said late on Monday, declining to comment further. ...
Vattanac in damage denial
A top executive from Cambodian company Vattanac yesterday denied the firm had damaged colonial-era buildings along the capital’s riverfront, as one local business owner sought a new home. Construction at a Vattanac building site – situated on Phnom Penh’s Sisowath Quay – has been at ...
http://www.phnompenhpost.com/index.php/2011080350834/National-news/vattanac-in-damage-denial.html
Inflation rates driven by increases in food prices
The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...
Cambodia-China trade increases to $912 Million for first half of 2011
“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of ...