2012 Sees Jump in Land Disputes and Grants
Economic land concessions remain a major concern, with more than 230 people arrested in 2012, an increase of more than 150 percent from the year before, according to an annual report by the rights group Adhoc. That means land conflicts have increased, Thun Saray, president ...
http://www.voacambodia.com/content/two-thousand-two-land-dispute-jump/1604014.html
Mobile Operator Beeline Reports Large Drop in Subscribers
The number of subscribers to the mobile operator Beeline plummeted by more than 400,000 in the fourth quarter of last year—the single-largest drop for the carrier since it entered the Cambodian market in mid-2009—while the average revenue per user (ARPU) increased slightly, the company’s quarterly ...
Strikes break out in wake of wage policy
Two strikes have broken out at large processing companies in the past week as employers respond to the government’s minimum wage policy with what workers say are cutbacks in conditions. Almost all the 800 Cambodian workers who staged industrial action at a seafood company in Songkhla ...
http://www.bangkokpost.com/news/local/288647/strikes-break-out-in-wake-of-wage-policy
PPWSA up again, with retail buyers moving in
The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...
City-District to Manage Self Budget in 2012
The government, this year, intends to transfer it’s budget to individual town district authorities, and to vouchsafe into their hands from 2013 onward, aiming to push forward decentralization, said an interior ministry official. The budget, of on average US$ 35,000 per year, is in process of being transferred to the individual 193 town-district authorities across ...
Teenage girl shot dead in Cambodia land protest
Security forces in Cambodia have shot dead a 15-year-old girl who was taking part in a land protest. She was demonstrating against the development of a rubber plantation on farmland in eastern Kratie province. Authorities say local residents, armed with axes and crossbows, would not vacate the ...
Cambodia-India Trade Values $85 Million In 2011
Cambodia-India trade valued $85 million last year while Cambodian exports amounted $12 million and imports from India were worth $73 million, an official said Friday. ...
Japanese Firm set to Open Plant in Poipet
Japanese electronics firm Nidec Corporation has invested about $37.5 million to establish a factory in Poipet City that will produce parts for computer hard drives ...
Two Killed in Brawl at Thai Seafood Factory
A Cambodian man and a Burmese man were killed on Monday in a mass brawl that broke out between hundreds of migrant workers at a seafood factory in Thailand, a worker and a government official said yesterday. Fighting allegedly broke out between workers at Siam international ...
In Poipet, Motorcycle Taxi Drivers Protest Police Abuse
More than 35 motorcycle taxi drivers protested in front of military police headquarters in Poipet City yesterday, calling for military police to protect them from an immigration police officer who has allegedly been shocking them with an electric baton, police and protesters said. Proem Sareom, one of the drivers protesting ...
In Phnom Penh, the Vespa Comes Back 'Officially'
“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...
Water plant means eviction for families in Sihanouk
Despite authorities turning a blind eye to their villages for more than 15 years, about 2,000 families living near Preah Sihanouk province’s Kbal Chhay waterfall face imminent eviction to make way for a clean-water processing plant, officials said yesterday. Prime Minister Hun Sen’s recent bold move ...
http://www.phnompenhpost.com/index.php/2012062156930/National-news/water-plant-means-eviction.html
Life Insurer Manulife Opens Its Office In Cambodia
Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...
Tramway in Capital Feasible by 2017, Firm says
A public tramway system in Phnom Penh could be completed by as early as 2017, a representative of a French urban consultancy company said yesterday. The municipality announced in October that Systra, a railroad consultancy firm based in France, was conducting a feasibility study on a ...
Ninth Master Suki Soup opens in Phnom Penh
The family hotpot-style restaurant Master Suki Soup has opened its ninth restaurant in Cambodia, on Sothearos Boulevard adjacent to Hun Sen Park, with the newly relocated German Fresh Beer brew pub and German menu upstairs. The soft opening took place on Thursday night as Master Suki ...
http://www.phnompenhpost.com/index.php/2012070957286/Business/ninth-master-suki-soup-in-pp.html
Bloody crackdown on garment strike in Phnom Penh
A union employee representing striking workers from a factory that supplies Levi’s and Gap was left a bloodied mess near Wat Botum yesterday after police allegedly attacked him. According to rights groups, police set upon Long Panha, of the Cambodian Alliance of Trade Unions (CATU), who ...
Despair in Pursat as students begin to exit
Nineteen families from Pursat province’s Prangil commune, plagued by a long-running land dispute with developer Pheapimex, are in despair now that student volunteer surveyors cannot help them reclaim land they say is rightfully theirs. Prime Minister Hun Sen on Wednesday revealed he had revised his ...
Insurance Premiums Up 40% in First 6 Months
Revenues generated by insurance firms increased 40 percent ro $18.9 million between january and June compared to the same period last year, according to data released yesterday by the General insurance Association of Cambodia (GIAC). Fire insurance continued to reign as the sector’s top earner, accounting ...
International expo in Cambodia to boost garment sector
The four-day second Cambodia International MachInery Industrial Fair (CIMIF 2012) has begun In Cambodia’s capital Phnom Penh. LeadIng global brands of Industrial equipment for textiles, garment and accessories are among the more than 200 exhibitors from 20 countries displayIng their products. The exhibition provides a ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=114673
IFC seeks more Australian partnerships in emerging markets
INTERNATIONAL FINance Corporation, the private-sector arm of the WashINgton-based World Bank, has INvested $US805 million ($770m) IN Australian projects around the world These projects are IN 24 countries and IN sectors rangINg from fINancial services to INfrastructure. IFC is an INvestor IN three Macquarie Group-sponsored INfrastructure ...