Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
Land titles denied, villagers in Pursat claim
Student volunteers working as part of the government’s land titling scheme are again being accused of refusing to measure land – this time in Pursat province – because they say those living there have done so illegally, according to villagers. Villagers in Bakan district said the ...
http://www.phnompenhpost.com/2013022061480/National/titles-denied-villagers-in-pursat-claim.html
Villagers Claim Chief Signed Away Their Land
Sixteen ethnic minority families in Ratanakkiri province have claimed that they are being forced from their land after a commune chief signed it away, and that commune borders have been redrawn to dispossess them. On Friday, the families, who have been living on 30 hectares of ...
Cham families agree to move from the riverbank
More than 100 Cham families living in boats on the banks of Phnom Penh’s Chroy Chongva peninsula have agreed to relocate upriver after they celebrate the end of the holy month of Ramadan over the weekend, a community representative said on Friday. Matt Kriya, a representative ...
Cargo at Phnom Penh Port Jumps 15.24 Percent
The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...
Habitat Day Marked by capital's evictees
Evictees wearing small model houses on their heads to symbolize their struggles marched to the National Assembly yesterday to ask authorities to intervene to stop more forced evictions. About 400 representatives of 40 communities across the capital joined human rights activists at the former Dey Krahorm eviction site ...
Offshore refueling on the horizon
Danish marine fuel company Go4 Bunker Denmark yesterday launched the first company in Cambodia to supply ship fuel to vessels traveling through Cambodia’s waters, according to officials. The launch ceremony for the newly established Go4 Bunker Cambodia Co Ltd yesterday was presided over by Danish Princess ...
King Father Norodom Sihanouk Dies at 89
Retired King Norodom Sihanouk, whose name for half a century was synonymous with Cambodia on the world stage, died in the early hours of Monday morning in Beijing. The former monarch, who was about to celebrate his 90th birthday on October 31, died peacefully in a ...
http://www.cambodiadaily.com/sihanouk/king-father-norodom-sihanouk-dies-at-89-3865/
Act on environment, UN urges
The government needs to enforce legislation on protecting the environment, even as it gives away masses of land and resources in concessions, or risk jeopardising its economic future, the UN assistant secretary-general for disaster risk reduction said yesterday. “The most critical impact of disasters today is ...
http://www.phnompenhpost.com/index.php/2012042755821/National-news/act-on-environment-un-urges.html
Revenue Growth in Advertising Sector Slows
Revenue growth in the advertising sector increased just 4 percent to $24.1 million during the first quarter of the year compared to the same period in 2011, as mobile phone operators struggling to make a profit in an oversaturated market were forced to cut their ...
Virtual Sam Rainsy Slapped With Actual Fine
The Provincial Election Committee (PEC) on Monday fined opposition leader Sam Rainsy $2,500 for verbally attacking Prime Minister Hun Sen from afar during a video-link speech beamed to supporters in Phnom Penh, officials said yesterday. Mr. Rainsy, who currently lives in self-imposed exile in Paris, was ...
Casinos protect border line and sovereignty
Samdech Prime Minister Hun Sen on Thursday said: Cambodia has permitted the construction and opening of casinos at the border areas with neighboring countries for “secret strategy” to protect the country’s territory. He replied to opposition party who said gambling dens were harmful to the ...
Meters mean 'money down drain'
The sole provider of water and electricity in Koh Kong province’s Khemerak Phumin town, LYP group, was demanding that all rental buildings install water meters at exorbitant rates for the region, residents said yesterday. Building managers sent intervention papers to provincial governor Bun Leut on July ...
Another mass fainting, but H&M 'not to blame'
The second mass fainting in a month at Kampong Chhnang’s M&V garment factory, a supplier for global retailer H&M, saw 23 women taken to hospital yesterday, bringing the total number of affected workers in August to 67. Noun Sam Ol, president of the Free Trade Union ...
Forest activists name names
Villagers who claim their patrols last week uncovered criminal activity in Prey Lang forest presented the government yesterday with a list of 15 people they say are illegally logging in the area. Reoun Sopheap, a representative of about 100 villagers from Kampong Thom province’s Sandan district, ...
New life insurance product launched
Cambodia’s nascent life insurance market grew slightly after Manulife Cambodia launched the Manulife Savings Protector yesterday. Combining savings and protection, it will provide life protection for 10 or 15 years to create an estate for relatives in case of untimely death and offer benefits from ...
Manulife To Use Tuk-Tuks to Promote Services
Canada-based life insurance company Manulife Cambodia will launch a big advertising campaign on tuk-tuks this year to raise awareness of its services. Manulife Cambodia chief executive Robert J Elliott said the campaign would begin with 75 tuk-tuks. He believes between one and two million people ...
Less palm sugar due to production delay
Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...
http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html
Acleda Raises Capital by Nearly 30 Percent
Acleda Bank has raised its bank capital—the amount of money it has available for expenditure—by 28 percent to $113.16 million, the bank announced in a statement on Friday. In Channy, CEO of Acleda, said yesterday the extra capital would be used to increase its loan portfolio ...
45th ASEAN Foreign Ministers' Meeting kicks off
The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...
http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm