Opposition urges China checks
Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...
http://www.phnompenhpost.com/index.php/2012081758136/Business/opposition-urges-china-checks.html
Former anti-drug czar’s appeal begins
Disgraced anti-drug czar Moek Dara’s appeal against his life sentence for convictions in 25 separate cases of bribery and masterminding a criminal enterprise began yesterday morning in Phnom Penh. Co-accused, former Ministry of Interior anti-drug police department chief Chea Leng also appeared at the Court of ...
Bank Would Back Firm to Take Over Rail Project
The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway operator if it means the new concessionaire would foot the $60 to $100 million needed ...
Last link in Wutty case freed
The only man convicted in relation to a murder case that made global headlines, the killing of environmentalist Chut Wutty and military police officer, In Rattana, walked free on Friday, less than two weeks after his sentencing, rights group Licadho said. Ran Boroth, who was ...
MFI deposits seen growing
The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...
http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html
Wal-Mart and H&M Pay $200,000 to Cambodian Workers in Historic Settlement
When tales emerge from the retail supply chain, they’re usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), ...
In Cambodia, Shifting Allegiances Shape a Tougher Than Usual Election
ANLONG VENG, Cambodia — A decade and a half after the last remnants of the Khmer Rouge capitulated in this northwestern town, the streets are festooned with images of their erstwhile enemy, Prime Minister Hun Sen, who is seeking to prolong his 28 years in ...
Cambodia's state-Owned telecom firm gets new chief, vowing to improve business operations, revenues
Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...
http://news.xinhuanet.com/english/world/2013-03/18/c_132243178.htm
Livelihoods felled by logging
The road to Srekor I village in Stung Treng province’s Sesan district is a bumpy one. The small discomfort caused by being jolted about on a motorcycle or being thrown around in a car, however, is offset by the striking scenery that surrounds a traveller ...
http://www.phnompenhpost.com/2013040964967/National/livelihoods-felled-by-logging.html
AEON widens HP to farmers
AEON Microfinance (Cambodia) Co Ltd says it has expanded its installment payment services into the agricultural sector, a new business type industry insiders say could be successful, but will still not be enough to strengthen one of Cambodia’s most crucial economic sectors. “We will co-operate with ...
http://www.phnompenhpost.com/2013052365789/Business/aeon-widens-hp-to-farmers.html
CPP’s political machine purring in Ratanakkiri
Welcome to CPP country. On the roads snaking up from Banlung through Ratanakkiri’s lush mountain passes up to O’Yadav district, samdechs peer down from billboards and farmers in dirt-streaked party shirts speed past on dilapidated motorbikes. It is perhaps a measure of how successful the ruling ...
http://www.phnompenhpost.com/national/cpp%E2%80%99s-political-machine-purring-ratanakkiri
New Chinese envoy pledges to further enhance ties with Cambodia
Newly-designated Ambassador of China to Cambodia Bu Jianguo on Thursday vowed to help further deepen all rounds of cooperation with Cambodia for the benefits [sic] of the two countries and peoples. Paying a courtesy call on Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong, Bu ...
http://news.xinhuanet.com/english/china/2013-07/25/c_132573145.htm
NEC Rejects Joint-Party Vote Investigation
National Election Committee (NEC) Secretary-General Tep Nytha reiterated Thursday that the NEC had no authority to establish a joint-party investigation into alleged irregularities during Sunday’s national election, while opposition leader Sam Rainsy said he would now seek an investigation outside the NEC. Prime Minister Hun Sen ...
http://www.cambodiadaily.com/elections/nec-rejects-joint-party-vote-investigation-38129/
Pushing the ELC envelope
Three companies accused of illegal logging in Ratanakkiri province are in possession of a combined 30,000 hectares of economic land concessions (ELCs) that are likely illegal because they are owned by the same parent firm. Hoang Anh Andong Meas, Hoang Anh Lumphat and Hoang Anh Ouyadav ...
http://www.phnompenhpost.com/2013050365405/National/pushing-the-elc-envelope.html
Kids beaten over ELC
Five men working for Ratanakkiri rubber concessionaire DM Group, including a soldier, have been arrested for allegedly beating a villager and his children – one of whom, doctors say, may not survive – in a scuffle over their family’s land, the father said yesterday. Police confirmed ...
http://www.phnompenhpost.com/2013050665430/National/kids-beaten-over-elc.html
Cambodia-Japan trade volume up 14% in 3 months
Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...
http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm
Noodle maker tries instant route
Cambodia has always been a source for a broad variety of raw materials from the agricultural sector. The country exports many of these materials to neighbouring countries and other markets in the world – without turning them into new products. This lack of domestic processing has ...
http://www.phnompenhpost.com/2013062666486/Inside-Business/noodle-maker-tries-instant-route.html
Entrepreneurs visits Cambodia for business opportunities
Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...
Cambodia election will not have influence on tourism
Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...
http://www.eturbonews.com/36396/cambodia-election-will-not-have-influence-tourism
Elephant deaths lead to probe
The discovery of the remains of three endangered Asian elephants in Mondulkiri’s Phnom Penh Prich Wildlife Sanctuary has prompted conservation group World Wildlife Fund to launch an investigation into the animals’ deaths. Samrang Dy Vichet, director of the Wildlife Sanctuary, told the Post yesterday that villagers spotted the ...
Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/elephant-deaths-lead-probe