SRP calls to suspend Prey Long rubber firm
Opposition party lawmaker Son Chhay has sent a letter to Deputy Prime Minister Sok An asking for the immediate suspension of a Vietnamese rubber plantation in the endangered Prey Long forest, accusing the firm of illegal deforestation. In the letter dated Wednesday, Mr Chhay also asked ...
Cambodia to fall short in rice exports due to flooding
Phnom Penh–Cambodia’s rice exports to foreign countries this year will fall short from the amount that was expected earlier, due to the flooding, said President of the Federation of Cambodian Rice Millers Association Phou Puy on Tuesday. The flooding has hit the country since August, will ...
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 ...
Kingdom set for IT growth over next decade
Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...
Insurers hit with few flood claims
The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...
Probe under way on military logging case
The Anti-Corruption Unit (ACU) has launched an investigation into an October 2010 incident in which three RCAF soldiers allegedly opened fire on Forestry Administration officials who had just confiscated a haul of illegal wood, one of the officials involved said yesterday. An RCAF official, meanwhile, said ...
Borei Keila Residents File Criminal Suit Against Phanimex
One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...
More companies must list for the CSX to be a success
One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and ...
ធនាគារពិភពលោកព្រមានជាថ្មីថា លទ្ធភាពនៃការដក EBA អាចប៉ះទង្គិចសេដ្ឋកិច្ចកម្ពុជា
ធនាគារពិភពលោកនៅថ្ងៃពុធនេះបានព្រមានម្តងទៀតថា លទ្ធភាពនៃការបាត់បង់ប្រព័ន្ធឋានៈអនុគ្រោះពន្ធ «គ្រប់មុខទំនិញលើកលែងតែសព្វាវុធ» ឬហៅថា EBA អាចនឹងក្លាយជាបច្ច័យមិនល្អទៅលើកំណើនសេដ្ឋកិច្ចប្រទេសកម្ពុជា ដែលធនាគារនេះ អះអាង ...
ហ៊ុល រស្មី
https://khmer.voanews.com/a/hul-world-bank-repeated-its-warning-over-impacts-of-eba-withdrawal/5183194.html
China Gives $523M, Thanks Cambodia for Asean Help
Prime Minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime Minister Wen Jabao praised Cambodia for helping China maintain “friendly relations” with Asean. Speaking with ...
Indigenous Forest Protection Group Again Told to Disband
Members of Bunong ethnic minority forest group in Kratie province who accused local police of barring their community patrols in search of illegal logging were told by a Forestry Administration official yesterday that they had no authority to operate. Mr. [Peit] Kun Pedor [head of ...
Road-Rage Case Latest Gun Play by the Powerful
Road rage was the likely motive of the driver of a luxury suburban utility vehicle (SUV) who opened fire on the driver of another SUV Friday afternoon in Phnom Penh in what appears to be the latest incidence of random gun violence involving the country’s ...
Prey Long Forest Patrol Ends With Huge Illegal Wood Haul
The Prey Long People’s Network yesterday said it found 121 cubic meters of cut wood and seven chainsaws belonging to illegal loggers after a coordinated patrol across four provinces that was prematurely aborted due to heavy rains. In a statement, the community group said it discovered ...
Anti-Eviction Activists Conjure Up Curses to Bolster Cause
Residents of Phnom Penh’s Boeng Kak and Borei Keila neighborhoods yesterday sprinkled a concoction of chili, salt and black rice into flames of a small fire in front of the Phnom Penh Municipal Court to “curse” the court officials they accuse of unjustly charging and ...
Dam in Northeast Built on Earthquake Site, Study Finds
Experts are recommending that a proposed dam on the Sesan River in northeast Cambodia be equipped with earthquake protection measures, after discovering a quake occurred in the area some 30 years ago. The proposed Lower Sesan II dam would be situated on a site in Stung ...
Cambodian rice millers to boost exports
Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...
Staff Protest Corruption at Telecom Cambodia
The director-general of Telecom Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...
http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/
Strategy for ventures: convince yourself
One of the two partners who have created Cambodia’s leading food and beverage company, with 22 outlets, says business is not merely about mOney, but more about finding a need and serving the need. Kouch Sokly says entrepreneurs need to find out what the market needs ...
As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed
It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...
KBank sees potential for bancassurance in Laos, Cambodia
Kasikornbank aims to expand its bancassurance business into neighbouring countries after finding that customers in Laos and Cambodia incur higher medical expenses. Pakorn Partanapat, executive vice president, said that the bank has prepared business plans to cope with the Asean Economic Community (AEC), and bancassurance is ...