Chinese firm plans investment in Cambodia
PHNOM PENH — China’s Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the threeprojects. Pan did not say when the projects will be started. Heng Samrin pledged full support for those projects, which he said will be good to boost thedevelopment of Cambodia’s economy. “Foreign investment is a key factor to accelerate economic development in Cambodia,” he said. ...
http://www.chinadaily.com.cn/business/2012-08/08/content_15652416.htm
Rights Groups File Lawsuit Over Land Meeting Breakup
Two local human rights groups filed lawsuits yesterday at the Ratanakiri Provincial Court accusing commune and village officials of defamation and intimidation after they disrupted land-rights training session last month. On July 26, a group of armed officials stopped Adhoc and the Cambodian Center for Human Rights (CCHR) ...
PM arrives in Cambodia to attend ASEAN, East Asia summits
Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...
http://ibnlive.in.com/news/pm-arrives-in-cambodia-to-attend-asean-east-asia-summits/306128-3.html
Families ask PM to help end dispute
About 500 families from three communes in Siem Reap province’s Chi Kraeng district are seeking the prime minister’s intervention in a dispute with a rubber company over 1,000 hectares of land. Siem Reap provincial governor Chan Sophal said on Wednesday that Cambodian People’s Party lawmaker Seang ...
Bangkok Airways Says Plane Was On Course
Bangkok Airways passenger plane that was shot at by a Cambodian soldier Wednesday night had been flying on its normal flight path from Siem Reap City to Bangkok, a representative of the airline said yesterday, contradicting earlier reports by Cambodian military officials that the aircraft ...
Growth in Cambodian service sector, says ADB
Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB). The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent ...
PTT sets Bt6bn budget for 5-year expansion
PTT has set aside up to Bt6 billion to carpet key Asean markets with more than 240 retail petrol stations over the next five years. President and chief executive officer Pailin Chuchottaworn said the company had earmarked spending of between Bt5 billion and Bt6 billion through ...
http://www.nationmultimedia.com/business/PTT-sets-Bt6bn-budget-for-5-year-expansion-30193279.html
Car sales sharply rise in Cambodia in 2012 due to strong economic growth
Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...
http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm
5,000 Protest for Benefits in Kompong Speu
About 5,000 garment workers from a factory in Kompong Speu province, which manufactures clothing for U.S sports giant Nike, yesterday blocked National Road 4 demanding additional allowances, such as transport and maternity bonuses, a union representative said. The protest at Sabrina (Cambodia) Garment MFG Corp., in ...
CPP, CNRP second meeting produces three point agreements
Monday morning’s meeting held at the National Assembly between the ruling Cambodian People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) leaders ended around 1:30 in the afternoon, producing a joint agreement by both parties. After the meeting the two opposing party senior officials announced ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2I5NDNkMTg5NWE
Cambodia suffers fewer natural disasters than Vietnam or Thailand
Cambodia suffered far fewer natural disasters than either Vietnam or Thailand over the last decade but twice as many as Laos, the World Bank said Monday. Data published in the annual World Development Report also showed that the incidence of natural hazards in Cambodia in between ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NWIxNzIwYjE3MGZ
Cambodia parliament holds session as opposition continue to boycott
Cambodia’s ruling party- controlled National Assembly on Thursday convened its first plenary session to elect members for the body’s nine commissions, while the opposition party has continued to boycott the parliament over July’s disputed election. Sixty-eight lawmakers of the Prime Minister Hun Sen’s ruling party on ...
Global Times News Staff
http://www.globaltimes.cn/content/816822.shtml#.UldrLdKBlxI
Out with the old: factory
Amid concerns of legal violations on the part of their employer, about 400 workers at the USA Fully Field garment factory in the capital’s Meanchey district accepted payouts for their factory closing – even though it hasn’t. Workers protested last week in fear that the factory ...
Mom Kunthear
http://www.phnompenhpost.com/national/out-old-factory
Maybank Cambodia Optimistic Over Cambodia's Medium-to-long-term Prospects With Four New Branches
Maybank Cambodia Plc, with 12 branches in the Indo-Chinese country, is optimistic over Cambodia’s medium-to-long-term prospects with its four additional branches opened today, bringing its total network there to 16 branches. With the opening of the branches, the bank expects them to boost its total deposits ...
Bernama News Staff
http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=990183
ADB provides 3 mln USD to Cambodia for flood relief
The Asian Development Bank (ADB) is providing emergency humanitarian assistance of 3 million U.S. dollars to help Cambodia recover from devastating floods that have affected 1.7 million people and caused an estimated 1 billion U.S. dollars in damage, the Bank said in a statement on ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/20/c_132903465.htm
(English) Interior minister says opposition divided over negotiations
Interior Minister Sar Kheng on Monday blamed stalled negotiations over the disputed results of July’s national election on divisions within the opposition CNRP, whose leaders he said were of two minds about resuming talks. Top-level talks between Prime Minister Hun Sen and CNRP President Sam Rainsy, ...
Hul Reaksmey
http://www.cambodiadaily.com/archives/interior-minister-says-opposition-divided-over-negotiations-49394/
NEC opens safety ballot boxes from Siem Reap
The National Election Committee (NEC) on Friday opened the safety ballot boxes from Siem Reap province to search for and verify any supposed election irregularities contained in documents 1102 and 1108, on Friday. The opening of ballot boxes from the 12 voting stations was held at ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZDVlNjIyMzA3MDk
Cambodian needs effective policy measures for power sector: report
Cambodia requires effective policy measures to accelerate its development plans for the power sector, according to the summary of a market research report distributed Saturday. UK-based PR Carbon said the report noted that Cambodia’s power sector comprise targets for developing a national power grid to distribute ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTNkZjkxMjU2OTc
Angkor Wat ticket sales revenue up
Revenue from ticket sales to foreign tourists visiting Angkor Wat reached $41.4 million in the first nine months of 2013, a 14 per cent year-on-year increase, according to data from the Apsara Authority, which manages the site. official data show that almost 1.5 million foreign ...
May Kunmakara
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-revenue
Intimidation charges levelled
Three officials from Ratanakkiri’s O’Yadav district were charged on September 10 for threatening and intimidating a villager after he filed a lawsuit related to the corrupt sale of community land in 2011, according to a letter obtained by the Post yesterday. Romas Svang, 47, of Yatung commune, received ...
Phak Seangly
http://www.phnompenhpost.com/national/intimidation-charges-levelled