Hun Sen Announces New Tax on Agricultural Land
Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...
Eviction force’s garb curious
Observers on site in the aftermath of a Kratie province military operation last week that lead to the shooting death of a 14-year-old girl noticed something odd about the attire of some soldiers. It was their helmets. Crude replicas of what appeared to be American flags ...
http://www.phnompenhpost.com/index.php/2012052356332/National-news/eviction-forces-garb-curious.html
Second rice trial to China
Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...
http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html
Thai prices ease as intervention distorts regional trade
Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...
OZ Minerals Completes Sale of Cambodian Assets
Australian mining firm OZ Minerals announced yesterday that it has successfully sold its Cambodian mining assets to Renaissance Minerals Limited for AU$17.8 million, or $19.2 million, after years of disappointing gold exploration results here. According to the statement, Renaissance now controls the 1,100-square-km core of the ...
Bavet town shooting victims summonsed again
For the second time, court officials want to question three female workers who say they were shot and wounded by former Bavet town governor Chhouk Bandith at a labour protest earlier this year. The second summons, which has outraged the women, stems from a complaint that ...
Ex-soldier faces logging charge
A former RCAF soldier accused of leading a group of Cambodians across the Thai border to log luxury wood – an incident that left two dead – is awaiting trial in Oddar Meanchey province, officials said yesterday. Ngoun Thyrith, district military police chief for the Anlong ...
Koh Pich hopes gem fair shines
The five-day Cambodia Gems & Jewelry Fair (CGJF) will kick off on June 14 at the Diamond Island (Koh Pich) Exhibition Centre and will be hosted by the Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair Ltd. the CGJF has attracted companies ...
CCU threatens capital march
Cambodian Confederation of Unions president Rong Chhun threatened yesterday to lead a march of more than 3,000 striking garment workers from Kandal province to the capital on Thursday if their employer refuses to meet their demands. “[Workers] have already made commitments with me to march to ...
http://www.phnompenhpost.com/index.php/2012070357166/National-news/ccu-threatens-march.html
P Vihear officials under investigation
Two senior officials in Preah Vihear under investigation by the Anti-Corruption Unit have been removed from their posts, including a tax officer who it is alleged had gotten away without officially stamping tax forms for an entire year, the ACU announced on Friday “We found that ...
Thailand, Cambodia ready to launch joint visa scheme
Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...
http://www.bangkokpost.com/news/local/320478/thailand-cambodia-ready-to-launch-joint-visa-scheme
CEDAC sours on honey prices
CEDAC, a domestic agriculture development organisation and the Kingdom’s largest distributor of natural honey, will shrink its purchases of the commodity in the face of rising prices, the company’s president says. Yang Saing Koma said the group would not reach its goal of buying 7,000 litres ...
Sieam Bunthy, P. 8
http://www.phnompenhpost.com/business/cedac-sours-honey-prices
Clash erupts at SL factory
Security guards clashed yesterday with workers from two SL Garment factories that supply Levi’s, Gap and H&M, as the number of employees protesting exceeded 5,500 – or more than 90 per cent of the staff. Protester Kim Voeun, 32, said security guards, in the presence of ...
http://www.phnompenhpost.com/index.php/2012052456366/National-news/clash-erupts-at-sl-factory.html
Semi-skilled builders see wages drop, report says
Real wages for Cambodia’s semi-skilled construction workers fell during the past five years, according to a recent report from market research firm BDLINK Cambodia. A 36 per cent increase in the Kingdom’s consumer price index during the period put semi-skilled workers’ real wages last year ...
Garment strikers set sights for capital again
Strikers from Kandal province’s Tai Yang and Camwell factories, which supply Levi’s and Gap, will converge on the capital again today to keep pressing for seniority bonuses, Cambodian Confederation of Unions president Rong Chhun said. The 150 workers who remain on strikewill deliver a petition to ...
Draft Accord on Domestic Workers Completed
Government and U.N. officials yesterday completed the draft of a new memorandum of understanding (MoU) that is designed to guarantee the fair treatment and safety of Cambodian domestic workers in Malaysia. The new draft MoU is an amendment to an earlier, much-criticized version create by Malaysia, ...
World Bank revises 2013 growth figures
The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...
http://www.phnompenhpost.com/2013042965287/Business/world-bank-revises-2013-growth-figures.html
Start-ups rely too much on self-funding
Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...
http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html
Rice exports to Thailand rise
Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said. Government figures show that in the first four months of this ...
http://www.phnompenhpost.com/2013053165969/Business/rice-exports-to-thailand-rise.html
Family evicted after ‘Death threats’
An ethnic Jarai family has been evicted from their Ratanakirri province village where they say they received death threats over a land dispute. This is the third time the family has abandoned their home after they field a lawsuit against three commune authorities in 2011, alleging ...
Phak Seangly, P.6
http://www.phnompenhpost.com