Hun Sen rebukes World Bank
Prime Minister Hun Sen yesterday rebuked the World Bank for revising downward its outlook for gross domestic product growth in the Kingdom, claiming the bank’s projections could cause market panic. The premier also announced a new government projection of 6.4 per cent GDP growth this year, ...
http://www.phnompenhpost.com/index.php/2011112452947/Business/hun-sen-rebukes-world-bank.html
Hundreds Protest Dam Plans
More than 500 ethnic minority residents of riparian communities in northeastern Cambodia held a peaceful protest Tuesday against the construction of a Vietnamese-led hydroelectric dam that will relocate them from their ancestral land. The villagers, who live along the Se San River in Stung Treng and ...
http://www.rfa.org/english/news/cambodia/dam-02282012135535.html
Indigenous land exploited
The Royal Government of Cambodia and private land developers were exploiting indigenous communities in Mondulkiri and Ratanakiri provinces by signing concession deals for the communities’ land without prior consultation, advocates said yesterday. “We urge the government as well as the private sector to respect [indigenous peoples’] ...
http://www.phnompenhpost.com/index.php/2012030254821/National-news/indigenous-land-exploited.html
Cambodian water utility to price IPO on 18 April
Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...
http://www.globalwaterintel.com/news/2012/9/cambodias-water-utility-price-ipo-18-april.html
Proposed Prey Long Protected Area Shrinks by 20 Percent
The Forestry Administration’s proposal to create a conservation zone for Prey Long, one of Cambodia’s largest remaining primary forests, has been scaled down by more than 20 percent and now covers about 480,000 hectares, an official said. During consultation workshops in Phnom Penh last month, the ...
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
Thai trade fair pushed back to 2012
The postponed 2nd Thailand Trade Exhibition 2011 will not be reorganised this year due to budget restrictions, according to Jiranan Wongmongkol, commercial counsellor based at the Thai embassy in Phnom Penh. The trade fair was originally scheduled for May 19 to 22 at Phnom Penh’s ...
Garment Factory Lease Issues Cause Protests Over Severance
Afraid that the Dai Young Cambodia Co garment factory in Phnom Penh would not be renewing its land lease, more than 800 workers protested on Saturday at the factory in Russei Keo district demanding that the owner sign a guarantee of severance pay, labor unions ...
Boeng Kak families reach out to embassies, EU
Members of 34 families facing eviction from Phnom Penh’s Boeng Kak community yesterday called on five foreign embassies and the European Union to pressure the government into granting them land titles. They are among the 46 poor and untitled families living in Boeng Kak who have ...
Thaksin gives government some friendly economic advice
Hours after arriving for his latest visit to the country, former Thai Prime Minister Thaksin Shinawatra on Saturday urged Cambodia to increase state spending in infrastructure and education and to modernize the country’s financial system, according to media reports. Local reporters were quickly ushered out of ...
Letter reveals minister's ire with NGOs
Prime Minister Hun Sen received a proposal from Finance Minister Keat Chhon in June seeking to bar “foreign NGOs” from advocacy work in Cambodia, as well as preventing foreigners from working with local advocacy groups because of activism around the rehabilitation of the nation’s railway, ...
Government suspends Malaysia maids recruitment firm
Officials said yesterday that the government had suspended a recruitment agency in Kompong Chhnang province suspected of forcibly confining 45 women and that plans were underway to shut it down permanently. Police rescued the women, including 26 girls under the age of 18, who were training ...
Skirmish as factory strike continues
MORE than 4,000 workers at M&V Manufacturing International’s garment factory in Kampong Chhnang province continued to strike for a fourth day yesterday, as a union president urged Prime Minister Hun Sen to force the company to reinstate 20 fired workers. Free Trade Union president Chea Mony ...
Pailin Looks to Put Longan Fruit on GI Map
Pailin’s juicy longans, a small beige-colored fruit renowned for its sweet taste, is on the way to becoming Cambodia’s third food product to attain Geographic Indicator (GI) status. The longan will join Cambodia’s only other GI-recognized food products: Kompong Speu palm sugar and Kampot ...
US Dollar Drops Below 4,000 Riel With Agricultural Harvest
An increase in agricultural trading has caused the value of the US dollar to dip below 4,000 riel in the past three consecutive days, as there is now a higher demand for the Cambodian riel, money exchangers and an official from the National Bank of ...
Australian Paper Alleges PM’s Nephew Linked To Crime Ring
Australian newspaper The Age alleged yesterday that Australian authorities have linked Hun To, a nephew of Prime Minister Hun Sen, to a crime syndicate involving heroin trafficking and money laundering. According to The Age report, Australian police were planning to arrest Mr. To in Melbourne but ...
Banners versus batons
Police are accused of breaking a 21-year-old woman’s nose and injuring two other women as about 900 workers marched from the Win Shing-tex Cambodia garment factory in the capital’s Por Sen Chey district yesterday. San Sopha said, adding he would file a complaint against the ...
http://www.phnompenhpost.com/index.php/2012032855291/National-news/banners-versus-batons.html
China influence over Cambodia to be tested at SE Asia summit
China’s presence in the Cambodian capital Phnom Penh is obvious. The city skyline is dotted by Chinese-funded projects. But the full extent of Beijing’s influence here will be tested when President Hu Jintao visits this week ahead of a regional summit. The timing of Hu’s visit ...
http://www.reuters.com/article/2012/03/29/asean-china-idUSL2E8ER98X20120329?irpc=93
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