Backgrounder: Operating, negotiating FTA agreements with APEC economies
Member economies of the Asia-Pacific Economic Cooperation forum (APEC) are striving to forge a regional free trade facility to be known as FTAAP (Free Trade Area of Asia-Pacific) AFTA (ASEAN Free Trade Area) – signed in January of 1992, it covers all 10 ASEAN members of ...
CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
Japan to build $200 m shopping mall in Cambodia
AEON Mall, a Japan’s single-largest shopping mall developer and the largest retailing operator, will invest $200 million to build a four-storey shopping mall here in December, Cambodian Prime Minister Hun Sen said Tuesday. The construction will be begun on December 10, 2012 on the land area ...
Garment worker protest builds over severance
More than 1,000 workers protested in front of the soon-to-be-closed Svay Rieng Cambodia Garment factory yesterday to demand better severance benefits, and nearly half of them then marched to the provincial hall to seek help from government officials, workers said yesterday. Worker representative Pang Tra said ...
Hundreds of strikers block road in Phnom Penh
More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...
Rights Group Denounces Gag Order on Lawyers Before Election
New York-based advocacy group Human Rights Watch (HRW) has accused the Cambodian Bar Association of trying to silence potential government critics ahead of July’s national elections by imposing restrictions on lawyers making public statements. The Bar Association and the Information Ministry have both issued edicts that ...
Controversial dam takes step forward with impact study
An environmental impact assessment (EIA) for the controversial Stung Chheay Araeng hydropower dam in Koh Kong province has been completed, representing a major step forward towards construction, officials said yesterday. Koh Kong deputy governor Sun Dara said he had yet to see a hard copy of ...
Cambodia, Vietnam united on Xayaburi
Cambodia and Vietnam will write a joint letter to the Lao and Thai governments urging that construction of the Xayaburi dam, in northern Laos, be halted, a spokesman for the government’s Mekong committee said yesterday. Minister of Water Resources Lim Kean Hor met with Vietnam’s Minister ...
‘Secessionists’ no-show event
A Friday press conference meant to be an act of defiance and a call for justice from the so-called Kratie “secessionists” was conspicuously short on both, as two accused secessionists failed to appear as promised to demand that the government present credible evidence against them. Instead, ...
http://www.phnompenhpost.com/index.php/2012070957296/National-news/kratie-secessionists-no-show.html
National Road 3 prices flat
The sale and purchase of land along National Road 3 is increasing in volume but land prices are not increasing significantly despite the road being completed, and despite the many industrial zones along it. Based on his company’s research in the second quarter of this year, ...
http://www.phnompenhpost.com/index.php/Real-Estate/national-road-3-prices-flat.html
Charged Rights Worker Returns to Cambodia; Hearing Pending
Human Rights investigator Chan Soveth has returned to Cambodia more than two-and-a-half months after leaving in the face of a criminal charge that is thought to be linked to an alleged insurrection that took place in Kratie province in May. On August 14, the court charge ...
National Electricity Provider Warns of Dry-Season Power Cuts
The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...
http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/
Cambodian, Vietnamese militaries ink deals for quarry, rubber development projects
Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...
http://news.xinhuanet.com/english/world/2012-11/30/c_132011035.htm
Government offshore oil block deadline passes
LAST week marked the arrival and passing of 12/12/12, the Cambodian government’s original date for the commencement of oil extraction from the Block A oilfields in the Gulf of Thailand, with no activity on the site. Chevron currently holds a 30 per cent interest in the ...
Final Wage Offer for Garment Workers Is $75
The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...
Honda strike set to roll on
More than 100 staffers protested outside a Honda NCX company in Por Sen Chey district’s Choam Chao commune yesterday because they say employees are being sacked for trying to unionise, among other grievances. Soeurn Sot, a technician at the company, said during the protest that if ...
http://www.phnompenhpost.com/index.php/2012052456362/National-news/honda-strike-set-to-roll-on.html
Chut Wutty slaying witness questioned
Another witness to the fatal shootings of environmental activist Chut Wutty and military police officer In Rattana was questioned at Koh Kong Provincial Court yesterday. Bou Orn is the third employee of logging company Timbergreen – a firm Chut Wutty was investigating for alleged illegal logging ...
http://www.phnompenhpost.com/index.php/2012061456797/National-news/shooting-witness-questioned.html
Drought hits 11 provinces in Cambodia: spokesman
Drought has been hitting 11 out of the 24 cities and provinces in Cambodia and affecting tens of thousands of hectares of rice seedlings, Keo Vy, spokesman and chief of the Cabinet of the National Committee for Disaster Management, said Thursday The drought-hit provinces are Kampong ...
World Court to Hold Preah Vihear Hearing
The International Court of Justice (ICJ) will hold a verbal hearing with Cambodian and Thailand over disputed land around Preah Vihear temple in April, government officials said yesterday. “A verbal hearing with the Thai party will be held in April so that [we can] have a ...
NGOs call for discussion of Xayaburi dam at meet
A coalition of NGOs has called on Cambodia’s National Mekong Committee (CNMC) to push for the Xayaburi dam to be added to the agenda of a regional Mekong River meeting next week. Chhith Sam Ath, executive director of NGO Forum on Cambodia, said it was disappointing ...
http://www.phnompenhpost.com/National/ngos-call-for-discussion-of-xayaburi-dam-at-meet.html