US Extractive Firms Obliged to Disclose Overseas Payments
The U.S. Securities and Exchange Commission (SEC) has adopted rules that would make it a legal requirement for listed companies operating in the extractive industries and doing business in Cambodia to disclose all major payments they make to the government. The rules, which were adopted in ...
Akra co-op signs first rice mill agreement
American business group Akra, led by Cambodian-born former US ambassador to the United Nations, Sichan Siv, has signed an agreement with a rice mill under a new co-operative structure it says puts ownership and profits back in to the hands of Cambodian producers. Akra’s managing director ...
http://www.phnompenhpost.com/2013020861251/Business/akra-co-op-signs-first-rice-mill-agreement.html
Senator's Wife Showers Police, Military With New Year Cash
At 9 a.m. yesterday, more than 200 soldiers, police and military police officers were gathered outside a large mansion on Street 55 in Phnom Penh’s Daun Penh district. All were waiting for their promised “ang pao” – red envelopes containing cash usually handed out during ...
http://www.cambodiadaily.com/news/senators-wife-showers-police-military-with-new-year-cash-9831/
Anti-Corruption Unit Arrests Staff at UK Biofuel Firm
The Anti-Corruption Unit (ACU) has arrested two employees of a local company linked to a British biofuel firm currently under investigation by the U.K.’s Serious Fraud Office (SFO), an official said Friday. ACU President Om Yentieng said that International Green Energy (IGE) director Oum Samnang, and ...
http://www.cambodiadaily.com/news/anti-corruption-unit-arrests-staff-at-uk-biofuel-firm-7972/
Boeung Kak Evictees Ask City Hall For Better Compensation
About 100 women forcibly evicted from Phnom Penh’s Boeung Kak neighbourhood protested outside City Hall yesterday asking for upgrades to the compensation they accepted under duress to give up their homes. The women said they were representing 739 of the more than 3,000 families forced out ...
Handicraft handicap
While Cambodian handicrafts such as silk clothing, stone and wood carvings and rattan furniture are popular with tourists, who snap up the articles at gift shops and airports, the size of the sector is nowhere near what it might be, according to industry insiders. They ...
Powerless Phnom Penh Struggles With Hot Season
As air-conditioning units slow to a halt, computers die and the lights go out, the frustration of local business owners and organizations in Phnom Penh is boiling over once again as the annual hot season blackouts have arrived. The 190-megawatt, Chinese-built Kamchay hydropower dam in ...
http://www.cambodiadaily.com/news/powerless-phnom-penh-struggles-with-hot-season-15655/
SRP Commune Told to Stop Talking to Media about Dam
Officials from the Stung Treng provincial forestry administration have warned a local SRP commune chief against speaking to the media about the clearing of trees from a 36,000-hectare site to become the reservoir of a giant hydropower dam in the area, the commune chief said ...
Chinese Firm Joins Crowded Telecom Market
Mobile firm CooTel, a subsidiary of a large Chinese telecommunications corporation, is making plans to enter Cambodia’s oversaturated mobile phone market, officials said. The Ministry of Posts and Telecommunications granted CooTel’s parent company, Xinwei (Cambodia) Telecom Co. Ltd., an operating license in August 2011 and the ...
http://www.cambodiadaily.com/business/chinese-firm-joins-crowded-telecom-market-35465/
Phnom Penh’s Bus Service Delayed
The Japanese International Cooperation Agency (JICA) on Tuesday announced it hoped to have a public bus system in place in Phnom Penh sometime in 2014, despite earlier assurances it would be up and running this year. The Japanese government’s international aid arm also presented options to ...
http://www.cambodiadaily.com/news/phnom-penhs-bus-service-delayed-38546/
‘Take it or leave it’
The uncle of a man who died in Thursday’s ceiling collapse at the Wing Star Shoes factory in Kampong Speu province claimed yesterday that the company had threatened to give the family nothing if they did not agree to an on-the-spot payout. It came as a ...
http://www.phnompenhpost.com/2013052065719/National/take-it-or-leave-it.html
Rainsy Says Those Behind Boeng Kak Deserve Jail
Opposition leader Sam Rainsy on Monday vowed to return Phnom Penh’s beleaguered Boeng Kak neighborhood to its residents and to have those who filled the lake with sand thrown in jail, should the opposition CNRP ultimately prevail in contesting the unofficial results of last month’s ...
http://www.cambodiadaily.com/elections/rainsy-says-those-behind-boeng-kak-deserve-jail-38399/
Cambodian textile workers who supply UK clothing stores ‘starving’ and suffering 'mass faintings'
By the time London Fashion Week comes to a close, 58 high-end designers will have shown their collections. Rail-thin models will have walked the runways. Debate will have raged over size zero. In Cambodia, meanwhile, garment workers stitching clothes that supply the UK high street are ...
Photo tourism turns profits
Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...
Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits
Cambodia Not Ready for Inter-Country Adoptions
It has been one year since Cambodia announced that it was lifting its ban on intercountry adoptions beginning January 1, 2013, but despite praising Cambodia’s efforts to implement international regulations, countries that ban adoptions of Cambodians said this week that they were no closer to ...
Simon Henderson
http://www.cambodiadaily.com/news/cambodia-not-ready-for-inter-country-adoptions-46465/
ACU Partners With Coca-Cola in Anti-Graft Agreement
During a four-hour pop concert in Phnom Penh to mark International Anti-Corruption Day on Monday, the Coca-Cola Company and the government’s Anti-Corruption Unit (ACU) signed an agreement that commits the international soft drinks company to avoid committing bribery in Cambodia. “Corruption is the barrier to development ...
Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/acu-partners-with-coca-cola-in-anti-graft-agreement-48957/
Opposition Voters in Preah Vihear Claim Threat of Eviction
Locals and rights groups on Wednesday said dozens of farmers in a village in Preah Vihear province have been singled out for eviction after supporting the opposition CNRP in last month’s vote, a claim their village chief denied. Residents of Choam Ksan district’s Kom Prak village ...
Businessman’s Son Has Prison Sentence Cut
The Court of Appeal has reduced to six months the original three-and-a-half-year prison term handed to the son of a wealthy businessman for pistol-whipping a man and damaging restaurant property. Duong Udomchorvin, 24, was sentenced in May, along with his 17-year-old brother, Duong Kimlong, who was ...
Khy Sovuthy
http://www.cambodiadaily.com/news/businessmans-son-has-prison-sentence-cut-43055/
Farmers Accuse Mining Company of Threatening Land Grab
Some 300 farmers protested for a second day at their local commune office in Preah Vihear province Thursday against a mining company they accuse of threatening to steal their land unless they accepted its compensation offer to relocate. The Ministry of Industry, Mines and Energy granted ...
Aun Pheap
http://www.cambodiadaily.com/news/farmers-accuse-mining-company-of-threatening-land-grab-48209/
Home Farming, No Compensation to Blame for H5N1 Rate
Cambodia has been the country regionally worst affected by bird flu in humans this year—with 23 cases compared to just two in Vietnam and none in Thailand—largely due to the difference in poultry farming, an official with the U.N.’s Food and Agriculture Organization (FAO) said ...
Denise Hruby
http://www.cambodiadaily.com/news/home-farming-no-compensation-to-blame-for-h5n1-rate-46685/