News

Angkor Beer Promoters Protest for More Overtime Pay

Angkor Beer promoters held a protest outside of Cambrew Ltd in Phnom Penh in order to receive more overtime pay on the weekends, following an Arbitration Council order that the company pay each employee $2 more and Angkor Beer’s failure to do so. The 30 ...

Impact Analysis Urged for Massive Trade in Macaques

32,000 macaques primates have been exported from Cambodia over a 4 year period according to the Convention on International Trade in Endangered Species. The Species Survival Network has said that there is a significant trade in the animal and that it is most commonly used ...

Economist Say GDP to Reach 8.7%

Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...

Ministry Releases Data on Trade for 2011

The trade deficit of Cambodia has reached $1.02 billion for the first six months of the year or 48.63 percent according to the Ministry of Commerce. This is as a result of exports increasing 50 percent based on year-on-year data. According to Chan Sophal, president ...

Fashionistas Plan Extravanganza in Cambodia

2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...

Villagers Block Rubber Company From Forest

60 villagers in Svay Rieng province demonstrated to prevent the Mittapheap Rubber Company from moving its machinery into the area. The company has plans to clear 500 hectares of land in what the villagers claim is their protected community forest. Adhoc is investigating the claims ...

Thais Feared VN Support, Cable Shows

A US diplomatic cable released by WikiLeaks shows that Thailand feared Cambodia gaining military support from Vietnam over clashes between the two neighboring kingdoms about the disputed Preah Vihear temple. Thailand was also prepared to invoke a treaty with the USA that requires the US ...

US Debt Woes Could Affect Cambodia, Conference Told

Cambodia is concerned that US debt could lead to rising import costs. US lawmakers are currently trying to pass a deficit-cut deal before Aug. 2 when the US reaches its own debt ceiling of $14.3 trillion. Without a deal the US would default on its ...

Concessions Affect 3,000 Families, Adhoc Says

According to human rights group Adhoc, five agro-farming concessions granted to Chinese firms are adversely affecting 3,000 families in Preah Vihear province. The concessions have come with warnings of possible land disputes and potential protests. Prime Minister Hun Sen granted the economic land concessions to ...

Basic Concerns Remain Priority in Rural Areas

Roads, bridges, schools, sanitation and other forms of basic infrastructure are still top priorities for many rural citizens of Cambodia. Comfrel has done a study of issues that voters are concerned with and found that infrastructure is a key area. Traditionally the rural areas have ...

Police Prove Mass Fainting at Phnom Penh Garment Factory

70 workers at the Hung Wah Cambodia Garment Mfg. factory have fainted bringing the number of mass fainting in factories over the last year to nine. It is a well known phenomenon in Cambodia with three major spells so far this year. “Excessive hours of ...

‘Price Dumping’ in Telecoms Market Still Persists

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

Culture Ministry Plans to Build New Cinema

In an effort to increase Khmer film production the Ministry of Culture and Fine Arts is going to build a state-run cinema next to the Chaktomuk Conference Hall. Recently Westec Media opened a cinema, the first offering 3D movies in Cambodia, at City Mall in ...

Tourism driving total investment approvals

The high number of approved projects in the tourism sector is a sign of optimism according to Minister of Tourism Thong Khon. Due to emphasis on areas beyond Angkor Wat, Cambodia’s GDP could largely be a result of tourism. The current 57 projects are worth ...

http://www.phnompenhpost.com/index.php/2011072250561/Business/tourism-driving-total-investment-approvals.html

Oil Dispute CNPA ready to discuss claims area

Returning to the negotiating table is once again a possibility for the Cambodian National Petroleum Authority now that they have a stronger legal team. Due to the appointment of ousted Thai prime minister Thaksin Shinawatra as an economic advisor to Cambodia, Thailand put the 2001 ...

http://www.phnompenhpost.com/index.php/2011072250560/Business/oil-dispute-cnpa-ready-to-discuss-claims-area.html

Cambodia’s Vietnam trade increasing

Prices for Vietnamese goods are increasing driving up demand for lower cost Cambodian goods. Exports to Cambodia’s neighbor have increased by more than 84 percent for the beginning of 2011, totaling some $247 million according to the Vietnam Trade Office. Inflation is rising in Vietnam ...

http://www.phnompenhpost.com/index.php/2011072250562/Business/cambodias-vietnam-trade-increasing.html

Vendors face eviction to beautify beach

In May Cambodia became a member of the World’s Most Beautiful Beach Club and as a result Koh Kong provincial authorities are not renewing leasing for beachfront stores and evicting those who work there. The leases are said to have expired two months ago, and ...

http://www.phnompenhpost.com/index.php/2011072250570/National-news/vendors-face-eviction-to-beautify-beach.html

Fire trucks blamed in fainting

The mass fainting spell that affected the Hung Wah Cambodia Garment Manufacturing factory in Phnom Penh yesterday  has been blamed on the lack of sleep due to fire trucks having been nearby during the night putting out a blaze. There has been some debate over ...

http://www.phnompenhpost.com/index.php/2011072250573/National-news/fire-trucks-blamed-in-fainting.html

Army aided loggers: US Cable

A US diplomatic cable released by WikiLeaks from the Embassy in Bangkok has provided evidence that Cambodian soldiers were providing assistance and protection to loggers along the Thai-Cambodian border. Some of the loggers were killed in clashes with Thai troops. The allegations have been denied ...

http://www.phnompenhpost.com/index.php/2011072250578/National-news/army-aided-loggers-us-cable.html

Koh Kong king halted

Ly Yong Phat and his company LYP Group have been ordered to cease all dredging operations on the Tatai river pending a review of the effects by the Ministry of Water Resources and Meteorology. LYP Group currently has a permit to dredge seven areas of ...

http://www.phnompenhpost.com/index.php/2011072250582/National-news/koh-kong-king-halted.html

Mortgage lending improving as real estate sector slowly returns to strength

Mortgages are increasingly being used by home buyers in Cambodia according to experts. Commercial banks had slowed direct loans to property development in the wake of the 2008 global financial crisis, though mortgage lending has increasingly filled the space, said National Valuers Association of Cambodia ...

http://www.phnompenhpost.com/index.php/2011072150544/Special-Supplement/mortgage-lending-improving-as-real-estate-sector-slowly-returns-to-strength.html

Price tag set for railway link to Vietnam border

The rail link to Vietnam from Cambodia has been estimated at $686 million dollars. The link would finally connect Singapore to Kunming, China. The $686 million does not include compensation for those who link along the proposed railway locations and no funding has been confirmed ...

http://www.phnompenhpost.com/index.php/2011072150549/Business/price-tag-set-for-railway-link-to-vietnam-border.html

Dam worker beats odds to survive

Through a concerted effort on part of the surgical staff at Calmette hospital, Touch Daro, a worker at the Kamchay hydropower dam will survive his injuries. An industrial drill bit went through his back and out his bottom whilst he was working on the dam. ...

http://www.phnompenhpost.com/index.php/2011072150537/National-news/dam-worker-beats-odds-to-survive.html

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

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