For Agricultural Investors, an Abundance of Risks
As wealthy Gulf states look to meet their food needs by investing in agriculture projects abroad, Cambodia-with its underutilized land and attractive foreign investment policies-makes a nearly perfect investment destination. But endemic corruption, land conflicts, a badly implemented economic land concession program, and an unreliable judiciary could ...
Direct Bangkok-Phnom Penh Bus Route Officially Opens Commences
Starting today, 22 Cambodian buses and a truck will be allowed to transport passengers and goods directly between Phnom Penh and Bangkok, an official said yesterday. “We will officially open the Poipet International Checkpoint [to buses and trucks] on the Thai border,” said Suon Vanhong, deputy ...
Dozens of City Offices Privatized
The government last month privatized more than a dozen department and commune offices in some prime locations around Phnom Penh, and will move many of them to Sen Sok district, according to documents and officials. A sub-decree dated June 27 and signed by Prime Minister Hun ...
Investment in Cambodia's Construction Increases By 36% by H1
[The] Construction sector has attracted a total investment of 868 million U.S. dollars in the first six months of 2012, up 36 percent from 37 million U.S. dollars at the same period last year, a report from the ministry of land management, urban planning and ...
Major Gap Emerging Between Labor Market and Job Seekers
PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...
Mfone $65 million in debt
Failed Cambodian telco Mfone owes at least $65 million to multiple creditors that sources say include the government. A court injunction to freeze Mfone‘s assets, obtained by the Post yesterday, shows Mfone owes Chinese telco provider Huawei Technologies more than $65 million. Phnom Penh Municipal Court judge ...
http://www.phnompenhpost.com/2013013061068/Business/mfone-65-million-in-debt.html
Court sets date for new hearing in Bandith case
The Appeal Court has set a hearing date in a case against former Bavet town Governor Chhouk Bandith, who stands accused of shooting three protesting garment workers last year. In December, the Svay Rieng Provincial Court dropped charges against the official, only to see the case ...
Sea tourism along coast needs infrastructure, investors
Plans to create a tourist circuit encompassing coastal areas of Vietnam, Cambodia, and Thailand could be delayed as infrastructure is not yet in place and authorities cannot find investors. The sea route from the Mekong River Delta province of Kien Giang to Sihanoukville in Cambodia and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTEzNTNmYzMyZDI
Construction Begins to Repair Phnom Penh’s Destroyed Street 63
Workers with heavy machinery began repairing Phnom Penh’s busy Street 63 on Thursday in order to get rid of the potholes and cracked concrete that has turned the street into a divot-ridden, water-logged throughway since new pipes were laid six months ago. The Japanese International Cooperation ...
Cambodia urges to boost country's exports
Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...
http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm
Hundreds are given sack for Sabrina clash
Hundreds of workers were sacked at the Sabrina Garment factory on Saturday following several violent protests at the Kampong Speu province premises and the arrest of unionists involved. The firings came after workers continued to protest outside the provincial court on Friday and Saturday demanding ...
http://www.phnompenhpost.com/2013061166188/National/hundreds-are-given-sack-for-sabrina-clash.html
Cambodia’s Crude Oil Imports Fall 12 pct in Q-1
Cambodia imported 412,190 tons of Crude Oil in Q-1 of Y 2013, a 12% fall compared with the 471,000 tons it imported at the same period last year, the Commerce ministry’s report showed Saturday. During the January-March period this year, the country spent US$ 397-M to ...
Fear Remains as Factory Reopens
More than 20 people fainted yesterday at the Wing Star Shoes factory in Kampong Speu province, where two workers were crushed to death in a ceiling collapse last Thursday. Workers and union officials said an electrical short-circuit scared workers returning for the first time since the ...
http://www.phnompenhpost.com/2013052165744/National/fear-remains-as-factory-reopens.html
Three Charged for Logging Rosewood in Angkor
The Siem Reap Provincial Court charged three men Wednesday with illegally logging luxury rosewood inside the Angkor Archaeological Park, a Unesco world heritage site, officials said. Provincial prosecutor Heng Pheng said the suspects had been identified as Sun Phearak, 20, Phay Sophea, 18, and Phin Ron, ...
Aun Pheap
http://www.cambodiadaily.com/news/three-charged-for-logging-rosewood-in%E2%80%88angkor-42695/
Human rights group decries foreign praise
Human Rights Watch yesterday took the key donor governments of Japan, Australia and France to task for congratulating Prime Minister Hun Sen on his official election victory in a strongly worded statement that called on them to support an independent investigation into July’s disputed poll. The ...
Daniel Pye
http://www.phnompenhpost.com/national/human-rights-group-decries-foreign-praise
Police Chiefs Told to Stop Taking Wages
The National Police commissioner has ordered police chiefs to stop taking money from law enforcement officials’ salaries for apparent good causes. A statement signed by General Neth Savoeun, dated August 22 but obtained Thursday, said police chiefs at all levels must cease the practice, which takes ...
Khuon Narim
http://www.cambodiadaily.com/news/police-chiefs-told-to-stop-taking-wages-41449/
Disabled integration touted
Disabled Cambodians were promised a “society without barriers” by Prime Minister Hun Sen yesterday in a speech on Cambodia’s Day of Persons with Disabilities in Phnom Penh. About 1,500 disabled Cambodians marked the day at a gathering of more than 2,000 people in the capital’s Koh ...
Vong Sokheng
http://www.phnompenhpost.com/national/disabled-integration-touted
Large number of Chinese firms to join Cambodian expo
Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...
The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls
PTT keeps Cambodia jet fuel gig
PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig
MFIs downplay debts
Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfis-downplay-debts